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Facebook And Amazon: More Earnings From The FANG Stocks
Sunday, April 24, 2016 - 4:38pm | 741Read More...Two of the so-called FANG stocks offered up disappointing quarterly results last week. The other two FANG stocks are on deck to share their latest results this week. Wall Street analysts continue to look for strong earnings growth from both of them. The so-called FANG stocks were the momentum...
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Chrysler And Ford Earnings: Following In GM's Footsteps?
Sunday, April 24, 2016 - 4:38pm | 725Read More...Upcoming earnings highlights include the latest results from two automaker giants. Wall Street analysts are looking for strong earnings growth from both of them. However, estimates have been slipping for one and rising for the other. Expectations were already high for the latest earnings from...
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Report: Fiat Chrysler To Cut 1,300 Jobs At Michigan Plant
Wednesday, April 6, 2016 - 1:59pm | 157Read More...According to a report by Reuters, Fiat Chrysler Automobiles NV (NYSE: FCAU) will lay off around 1,300 workers indefinitely and end one of the two shifts at its Michigan plant, which manufacturers the Chrysler 200 sedan. Reuters noted that sales of the Chrysler 200 vehicle fell 63 percent in the...
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Fiat Chrysler's Statement On Reports Of Tax Ruling
Tuesday, April 5, 2016 - 10:55am | 187Read More...Shares of Fiat Chrysler Automobiles NV (NYSE: FCAU) fell more than 4 percent Tuesday after the company issued a public statement related to the company's tax treatment. Various media sources reported a European Commission concluded an investigation into the tax treatment of Fiat Chrysler's...
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Fiat Chrysler's CEO Revamp Makes It A 'Merger Target,' Report Says
Tuesday, February 23, 2016 - 11:08am | 154Read More...According to a report by USA Today, Fiat Chrysler Automobiles NV (NYSE: FCAU) CEO Sergio Marchionne's re-imaging of the company could not only be the "highlight of his career," but could lead to his company being sold. USA Today noted that Marchionne's actions to date include...
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Fiat Chrysler's Stock Falls Following Q4 Release
Wednesday, January 27, 2016 - 9:31am | 221Read More...Shares of Fiat Chrysler Automobiles NV (NYSE: FCAU) were trading lower by around 5 percent early Wednesday morning following the release of the company's fourth quarter and full year results. Fiat Chrysler earned $0.17 per share on revenue of $32.06 billion. Wall Street analysts were...
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Chicago Dealerships Accuse Fiat Chrysler of Falsifying U.S. Sales; Shares Sink
Thursday, January 14, 2016 - 9:05am | 380Read More...Shares of Fiat Chrysler Automobiles NV (NYSE: FCAU) plunged more than 8 percent early Thursday following a report that two dealerships in Chicago filed a civil racketeering suit against the company. According to Automotive News, the two dealerships are part of a Chicago auto group and alleged...
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Hespen Rally: Car Lovers Unite To Honor Fellow Enthusiast
Monday, September 21, 2015 - 3:04pm | 943Read More...The automotive community is a unique one. Regular folk might not realize though that it’s also an incredibly close-knit one as well. The Hespen Rally was created as a fundraiser for bile duct cancer research, an uncommon form of cancer that affects 2,000-3,000 people annually, according...
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Fiat Chrysler Wants To Pay You To Service Recalled Vehicles
Tuesday, September 1, 2015 - 1:49pm | 384Read More...The Detroit News is reporting that Fiat Chrysler Automobiles NV (NYSE: FCAU) plans on offering owners of recalled vehicles a cash incentive. The Incentive The auto manufacturer will offer $100 prepaid debit cards to owners of recalled vehicles as part of its commitment to ensure potential safety...
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Why The Ferrari IPO Is Freaking Out Bernstein Analysts
Tuesday, August 25, 2015 - 7:56am | 340Read More...Fiat Chrysler Automobiles NV (NYSE: FCAU) plans to spin off 10 percent of its stake in Ferrari. Year-to-date, Fiat Chrysler has gained 18.7 percent against 8 percent declines in the S&P 500. Bernstein's Max Warburton issued a stern warning to potential investors that Ferrari was a...
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Auto Companies Crush July Expectations
Monday, August 3, 2015 - 3:32pm | 814Read More...A host of automotive companies released their U.S. sales figures for the month of July on Monday. Forecasts at the end of last month by JD Power and Kelley Blue Book both anticipated more than a 3 percent year-over-year increase and the highest sales total for the month in over a decade. The...
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Strategist Sees 'Defensive' Posture At Fiat Chrysler
Wednesday, June 10, 2015 - 2:42pm | 367Read More...Fiat Chrysler Automobiles NV (NYSE: FCAU) wants to cut debt and gain market share, a strategist told Benzinga Wednesday. The London-based company plans to spin off a stake in its Ferrari unit later this year and had hoped to get an acquisition offer from General Motors Company (NYSE: GM...
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2 Experts Weigh In On May's Auto Sales
Wednesday, June 3, 2015 - 5:04pm | 422Read More...Automakers released its U.S. sales reports for the month of May on Tuesday. Kelley Blue Book senior analyst Alec Gutierrez and Autotrader senior analyst Michelle Krebs discussed the figures in a joint conference call on Tuesday. Gutierrez estimated a seasonally adjusted annualized rate of $17.4...
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Auto Titans, Tech Giants Are Meeting In Detroit This Week
Monday, June 1, 2015 - 5:43pm | 1228Read More...TU-Automotive Detroit, the leading event for automotive tech innovation, kicks off on Wednesday, June 3. Benzinga will be there to cover every detail -- until then, take a look at the biggest companies (and their representatives) that are scheduled to speak at the event. Ford Ford Motor...
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Analysts: Google-Tesla Merger Not Possible, Could See 'Strong Partnership' Instead
Thursday, May 28, 2015 - 12:57pm | 502Read More...Google Inc (NASDAQ: GOOG) is rumored to be interested in acquiring Tesla Motors Inc. (NASDAQ: TSLA). This might be music to some investors' ears, but analysts were quick to dismiss the rumor's validity. "I don't think that is possible," Global Equities Research analyst Trip Chowdhry told Benzinga...
