PHOENIX _ Swift Transportation Co. on Monday reported second-quarter profit of $51 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of 37 cents per share. Swift Transportation shares have declined 25 percent since the beginning of the year.» Read More
The Dow has inched closer to the 11,000 mark, yet some investors are still skeptical about this rally. Dan Veru, executive vice president and co-chief investment officer at Palisade Capital Management, and David Tice, bear market strategist at Federated Investors, discussed their market outlooks.
Here are the top 10.
The automotive sector was handed major setbacks during the recession, but Mike Jackson, CEO of AutoNation, said the industry is in store for a “Fat V” recovery.
A top Toyota Motor executive says U.S. sales surged 40 percent in March, powered by some of its deepest discounts ever in the wake of millions of recalls.
Nissan Motor said Tuesday its new electric car will cost just over $25,000 in the U.S., a move that could force rivals to lower prices on similar vehicles.
Consumer confidence is coming back, John Mendel, executive vice president of auto sales at Honda Motor told CNBC.
Toyota will provide its key hybrid technology to Mazda under a licensing agreement reached Monday, the two companies said.
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General Motors says it will make another $1.2 billion in loan repayments to the U.S. and Canadian governments by the end of this month.
Ford Motor President and CEO Alan Mulally made $17.9 million last year, about 1 percent more than the previous year, as the company struggled through the worst U.S. auto sales market in decades, the AP reported.
A company isn’t legit just because it’s publicly traded.
You thought the Dow’s new high for the year marked a peak? Think again, Cramer says.
Shares of Ford Motor surged to a five-year high Wednesday after a ratings agency upgraded the automaker's debt and said Ford has the potential to improve its finances even further.
Bailed-out auto company General Motors has a reasonable chance of being profitable this year, and it plans to repay its government loans as soon as possible, CFO Chris Liddell told CNBC Wednesday.
Plus, get Cramer's calls on tech, autos, banks and more.
Continental Airlines is ending free hamburgers, barbecue and sandwich rolls for many of its passengers in favor of a food-for-sale program that mirrors what other carriers are already doing.
Investigators with Toyota and the federal government were unable to make a Prius speed out of control as its owner did on a California highway, casting doubt about the driver's account.
Cathay Pacific told CNBC Friday it will not be participating in Air China's 6.5 billion yuan ($952.2 million) share issue.
A top government auto safety official tells Congress that his agency may need more authority to regulate the auto industry.
Toyota's massive recalls are prompting Congress to reconsider whether the nation's auto safety agency has lived up to its mission of protecting motorists.