-
How Fiat Chrysler And Other Automakers Performed On First Days Of Trading
Tuesday, October 21, 2014 - 3:08pm | 710Fiat Chrysler Automobiles NV (NYSE: FCAU) finally gave investors the chance to trade stocks of Chrysler again when it was launched on the New York Stock Exchange October 13. It has been more than seven years since Chrysler was publicly traded on any U.S. stock exchange, according to CNN Money....
-
What Will Help Fiat's Sluggish Momentum In The United States?
Monday, July 14, 2014 - 3:01pm | 451It appears to be a tale of two brands. While Chrysler sales have been doing very well lately, sales of its stable-mate Fiat (OTC: FIATY) have been struggling. Fiat completed its acquisition of Chrysler back in January – and earlier this month, Chrysler Group LLC reported its 51st...
-
#PreMarket Primer: Thursday, June 12: ISIS Takes A Second City, Baghdad At Risk
Thursday, June 12, 2014 - 7:35am | 1116An Islamic militant group that has been linked to Al-Qaeda took over a second city in as many days this week, posing a direct threat to Baghdad and prompting the Iraqi government to ask for US military support. The group, called the Islamic State of Iraq and al-Sham (ISIS), overran Tikrit and...
-
Detroit's Big Three Auto Makers Report March Sales
Tuesday, April 1, 2014 - 5:00pm | 900On the first day of each month, major auto manufacturers report their previous month's total sales. The data is closely monitored by both investors and auto enthusiasts to keep up with the most up to date information on how the manufacturers are performing in a tough economic environment that...
-
Why Charlie Sheen's Fourth Engagement Proves The Value Of Investing With Due Diligence
Wednesday, February 26, 2014 - 12:39pm | 642When investing, whether it is emotionally in a relationship or financially in a publicly traded security, there are always high hopes that all will turn out well. But, as Charlie Sheen's recent engagement to a married porn star proves, it is important to perform thorough research functions,...
-
Chrysler Won't Proceed with IPO in 2013
Monday, November 25, 2013 - 2:15pm | 169The majority owner of Chrysler Group, Fiat SpA, announced that the American automaker will not proceed with an initial public offering this year. Chrysler's Board of Directors noted that a share sale in 2013 is no longer feasible after speaking with underwriters. Fiat commented, "No assurance can...
-
The Sad Story Behind The Rumored Chrysler IPO
Monday, September 16, 2013 - 11:10am | 660If you only read the headlines, you might see the announcement of a Chrysler IPO as more proof that the American auto industry is back, but further investigation would indicate otherwise. Remember “The Big Three” automakers? You know, Ford (NYSE: F), General Motors (NYSE: GM) and Chrysler—three...
-
Eurozone Industrial Production Takes The Shine Off The Bloc's Recovery
Friday, September 13, 2013 - 7:17am | 308The eurozone lost some of its momentum after data on Thursday showed that factory output had fallen to its lowest level since April 2010. The common currency traded at $1.3285 at 7:30 GMT on Friday morning. The European Union's statistics agency, Eurostat, shocked analysts by reporting a 1.5...
-
Want Mind Blowing Facts About Tesla? Here's 15 You May Not Have Known Already (TSLA)
Wednesday, August 28, 2013 - 9:11am | 644Despite a Dow that was down 170 points Tuesday, Tesla (NASDAQ: TSLA) managed to finish the day up 1.7 percent to close at 167.01—another 52 week high. And, despite a market that has shed 3.25 percent in the past month, Tesla has moved 24 percent higher. The amazing part about this story is that...
-
Big Car Makers Take Sales Back Seat To Tesla In California
Monday, August 26, 2013 - 2:52pm | 619The Tesla (NASDAQ: TSLA) Model S is quickly proving itself to be much more than a novelty or a toy for the rich and famous. According to the California New Car Dealers Association, in June Tesla outsold several “heavy hitters” in the state including General Motors (NYSE: GM)’s Buick and...
-
Barron's Recap (11/24/12): Trouble in Tea Land
Saturday, November 24, 2012 - 1:22pm | 840This weekend in Barron's online: the prospects for Hain Celestial, Atlantic City, PPH and European stocks, as well as a look at jazz from HBO's Treme. Cover Story "Unnaturally Good" by Bill Alpert. Organic food company Hain Celestial (NASDAQ: HAIN) has built a small empire through two decades of...
-
Toyota Sales Dive in China, Fiat Wants Opel from General Motors
Friday, October 5, 2012 - 8:26am | 521Overseas, Toyota's (NYSE: TM) sales in China are slumping drastically due to boycott efforts of Chinese people on the Japanese automakers after the country's government made a controversial purchase of a group of East China Sea islands in September. China is the world's largest car market, and...
-
Benzinga's Political Roundup June 3, 2011
Friday, June 3, 2011 - 12:09pm | 108Moody's (NYSE: MCO) said all the political posturing in Washington could lead to the rating agency downgrading U.S. debt if no progress is made on increasing the debt limit. The Securities and Exchange Commission is investigating some accounting firms over their audits of Chinese companies....
-
U.S. Treasury Announces Agreement to Sell Remaining Stake in Chrysler
Friday, June 3, 2011 - 6:46am | 188The U.S. Department of the Treasury announced Thursday that it reached an agreement to sell to Fiat Treasury's 6% stake in Chrysler Group LLC and Treasury's interest in an agreement with the UAW retiree trust. The expected proceeds from the sale are $560 million, and Fiat agreed to pay $500...
-
Fiat Wants Majority Of Chrysler By This Year
Tuesday, May 31, 2011 - 9:18am | 116Fiat wants to own the majority of Chrysler by the end of the year, as it has announced it wants to buy the 1.7% stake that the Canadian government owns in the automaker. Fiat CEO Sergio Marchionne stated he had conversations with Canadian Finance Minister Jim Flaherty about potentially...