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Why This Money Manager Is Bullish GM, Bearish Tesla And Still Waiting On Ford
Sunday, October 29, 2017 - 7:23pm | 858Read More...Internal and external pressures are molding a new U.S. auto industry. A sharp and structural shift from personal vehicle ownership to ridesharing drives an enduring downturn in auto sales, while trends toward electric vehicles upend legacy businesses. “We know what the future is, we know...
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Greenlight's Controversial Dual-Class Stock Split Proposal Defeated At GM's Shareholder Meeting
Tuesday, June 6, 2017 - 11:38am | 405Read More...David Einhorn needs a new vision for General Motors Company (NYSE: GM). The Greenlight Capital founder suffered defeat at Tuesday’s annual meeting as shareholders rejected his Board nominees and proposal to establish two stock classes. Heeding the advice of advisory firms Institutional...
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Experts Examine ADP Employment Ahead Of Friday's Non-Farm Payroll Data
Thursday, October 1, 2015 - 11:19am | 720Read More...USA ADP Employment Change for September read 200,000 versus 194,000 consensus estimate. The prior reading was 190,000. Investors, analysts await Friday's Non-Farm Payroll report. The U.S. government reported its employment change data on Wednesday that helped jolt the equity market...
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David Kudla: GM Earnings Will Impress, Despite China Weakness
Wednesday, July 22, 2015 - 3:38pm | 437Read More...In a recent research note, David Kudla, CEO and chief investment strategist of Mainstay Capital Management, looked into General Motors Company (NYSE: GM) ahead of the announcement of the company’s second-quarter financial results scheduled for Wednesday morning. The firm expects to see...
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10 People In Finance You'll Find In Detroit This Week
Wednesday, March 25, 2015 - 2:34pm | 1370Read More...Want to learn more about the Engage conference? Follow the event on Twitter: @engage_iies. America's Motor City will be flooded with financial expertise later this week for the Engage International Investment Education Symposium at Detroit's Cobo Center. In addition to panel...
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Why Mainstay Says Apple Won't Go As High As Carl Icahn Wants
Tuesday, March 24, 2015 - 2:08pm | 421Read More...Cantor Fitzgerald analyst Brian White recently raised his price target on Apple Inc. (NASDAQ: AAPL) to $180, while activist investor and chairman of Icahn Enterprises LP (NASDAQ: IEP), Carl Icahn, famously has $203 as his price target. However, not everyone is as bullish on the company. David...
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3 Reasons To Attend ENGAGE 2015 International Investment Education Symposium
Tuesday, March 17, 2015 - 2:16pm | 466Read More...Students, professional investors and industry CEOs will come together on March 26 and 27 for ENGAGE 2015 International Investment Education Symposium. The conference, which is hosted by Wayne State University and Mainstay Capital Management, will take place at Cobo Center in Detroit, Michigan. It...
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Fast Money Traders Comment On Stocks Making Headlines On January 27
Tuesday, January 27, 2015 - 10:31pm | 178Read More...Pete Najarian spoke on CNBC's Fast Money Halftime Report about a sharp decline in Peabody Energy Corporation (NYSE: BTU). The stock closed the session 6.45 percent lower after missing earnings estimates and cutting dividend. Najarian wouldn't buy the stock. Freeport-McMoRan Inc (NYSE: FCX) also...
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Fast Money Halftime Report Final Trade From January 27
Tuesday, January 27, 2015 - 10:27pm | 115Read More...On CNBC's Fast Money Halftime Report Final Trade, Ian Winer said that he would sell CarMax, Inc (NYSE: KMX). David Kudla expects a good year for Ford Motor Company (NYSE: F). He thinks that sales of F-150 is going well. Jim Lebenthal wants to take a long position in BP plc (ADR) (NYSE: BP). Pete...
