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Market Wrap For November 29: Early Closing Bell And End To November
Friday, November 29, 2013 - 2:29pm | 1069Volume was light across the board despite Friday's early close also marking the last trading day of November. In typical fashion, markets close at 1:00PM on the day following Thanksgiving. As was to be expected, news was rather light and the major indices ended the day almost flat. The Dow...
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Market Wrap For November 18: Markets Hit New Highs Before Carl Icahn Comments
Monday, November 18, 2013 - 5:53pm | 1763Asian markets set the tone for Monday's trading session with Hong Kong and Shanghai indices receiving a boost from China's reforms which will open up the country's financial sector and ease restrictions on investments. Europe followed suit with major indices inching higher. It was only...
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Elop, Mulally Remain At the Top of Microsoft's CEO Candidates
Wednesday, November 6, 2013 - 12:07pm | 448Reuters is reporting that the search for Microsoft's (NASDAQ: MSFT) next CEO has narrowed to about five names. Heavily-favored candidates includes Ford's (NYSE: F) current CEO Alan Mulally and former Nokia (NYSE: NOK) CEO Stephen Elop. Microsoft's current CEO Steve Ballmer has assumed top...
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Microsoft Advised to Spin Off Xbox by Co-founder, Paul Allen
Monday, November 4, 2013 - 9:35am | 590Activist investor, Carl Icahn, isn’t the only one giving unsolicited advice to a large corporation. Microsoft (NASDAQ: MSFT) co-founder, Paul Allen, said he thinks the company should consider spinning off its consumer businesses including search advertising and the Xbox games console division...
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Ford Earnings Preview: An EPS Decline Expected
Tuesday, October 22, 2013 - 3:52pm | 748Ford (NYSE: F), which saw record sales of its F-150 trucks in August and September, is scheduled to report its third-quarter 2013 results Thursday, October 24, before the markets open. Investors will be looking to see how much of a drag on revenue and income Europe continues to be now that the...
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The Latest Microsoft CEO Search Scuttlebutt (MSFT)
Friday, September 13, 2013 - 2:00pm | 637Academic speculation about the search for a new CEO to replace retiring Steve Ballmer at Microsoft (NASDAQ: MSFT) is, frankly, boring. What’s infinitely more interesting is scuttlebutt or, as Business Insider called it, “barstool gossip.” Bar stool gossip is sometimes more than just...
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Detroit Making The Spotlight on National TV Once Again, But This Time Its Positive
Tuesday, August 27, 2013 - 4:00pm | 146"Morning Joe," MSNBC's morning program, will be focused on Detroit for its show Thursday, as it broadcasts from Ford Motor Company's (NYSE: F) assembly line in Flat Rock, Michigan. In pursuit of its Detroit focus, the program will feature Detroit Tigers pitcher Justin Verlander, real estate...
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Ford Earnings Beat Estimates on Weak Revenue, Shares Whipsaw
Tuesday, January 29, 2013 - 8:54am | 442Ford (NYSE: F) reported fourth quarter earnings in the pre-market Tuesday that beat analyst forecasts. Although revenue was slightly weaker than forecast in the quarter, shares initially rose in the pre-market on relatively strong guidance before giving back much of the gains. For the fourth...
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Ford Beats Earnings Despite European Challenges, Reliability Questions
Tuesday, October 30, 2012 - 1:18pm | 594Ford (NYSE: F) reported stellar earnings on Tuesday, beating Wall Street's expectations of $0.30 per share by a full $0.10. Revenues also beat, coming in at $32.1 billion, more than the $31.3 billion anticipated. Ford's earnings were notable as the company has faced immense pressures from Europe...
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Ford Lowers its Outlook
Wednesday, July 25, 2012 - 8:36am | 456Automotive giant Ford (NYSE: F) reported Tuesday that second-quarter net income had fallen 57 percent thanks to enormous losses in Europe, and that it is lowering its full-year profit outlook. Benzinga reported Tuesday that Ford was expecting to see profits fall roughly 43 percent and, as expected...
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Lower Profits Expected From Ford
Tuesday, July 24, 2012 - 3:21pm | 356Ford Motor Company (NYSE: F) is expected to see profits fall for the second quarter compared to last year when it reports earnings on July 25 before market open. According to the International Business Times, Ford's earnings per share are expected to fall roughly 43 percent to about $0.28 from $0....
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Ford Faces More Scrutiny from NHTSA
Wednesday, July 18, 2012 - 8:32am | 487Ford (NYSE: F) is having a difficult time keeping The National Highway Traffic Safety Administration (NHTSA) satisfied these days, as the automaker's Escape model is now under investigation for unintended acceleration. The news comes just a few days after Ford was forced to recall thousands of 2013...
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Barron's Recap (3/24/12): Profiles of the World's Best CEOs
Sunday, March 25, 2012 - 11:16am | 941This weekend in Barron's online: the annual listing of the top 30 corporate chiefs, a look at Deere, International Game Technology and Alexion Pharmaceuticals, as well as growth in Latin American airlines. Cover Story “World's Best CEOs” by Andrew Bary. Barron's offers up its annual listing of...
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Can a Picture of the CEO Predict Stock Performance?
Monday, December 19, 2011 - 8:14am | 863Earlier this fall a noted author, Michael Lewis, talked about an interesting investment strategy on CNN's Global Public Square. Lewis discussed his Moneyball book and the theory that people make misjudgments when they rely too much on their eyes instead of numbers and hard data. Lewis mentioned...
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You Definitely Have Driven a Ford Lately
Wednesday, October 26, 2011 - 10:23am | 840Ford's (NYSE: F) old slogan was, "Have you driven a Ford, lately?". After the Dearborn, MI.-based company reported third quarter earnings this morning, the answer is an unequivocal "Yes." The company reported earnings of 46 cents per share on $33.1 billion in revenues. Wall Street analysts had...