After 10 years of research and development, Ford is unveiling inflatable seat belts....A potentially ground breaking innovation in safety aimed at better protecting people in the second and third rows of cars involved in accidents. Read More
Earnings season is coming closer to an end now that ~80% of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far... Read More
If you want to get a sense of just how unclear the auto industry is about how much sales will rebound, ask the different sales chiefs at the automakers. Read More
Ford Motors posted a surprise $1 billion quarterly profit on Monday and raised its 2011 outlook to "solidly profitable." Toyota and Nissan are also expected to report earnings this week in addition to auto sales data due Tuesday. David Silver, equity research analyst at Wall Street Strategies shared his industry outlook. Read More
China's Shanghai Index up 2.7 percent as Chinese PMI was stronger than expected. U.S. ISM will be released at 10 Am ET. And that's the point: with earnings season just about over, it is economic news that will be the driver for the next couple of months. Read More
Reporters and editors are already calling Ford's third quarter earnings surprising. And yes, it is surprising when analysts are expecting a company to lose 12 cents a share, and it earns 26 cents/share. But make no mistake; the blue oval has been going from red (losing money) to black (making money) for some time. Read More