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GM Shares Deserve A Higher Multiple, Bank Of America Argues In Upgrade Note
Tuesday, October 3, 2017 - 9:34am | 374Analysts at Bank of America turned bullish on General Motors Company (NYSE: GM) as its management finally "gets it." The firm's John Murphy upgraded General Motors' stock rating from Neutral to Buy with a price target boosted from $40 to $57 (see Murphy's track record here). General Motors...
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How To Play The Connected Car Revolution
Thursday, January 14, 2016 - 9:59am | 459As technology continues to advance, consumers are demanding more and more of their devices to offer some type of connectivity element. From washing machines to light bulbs, manufacturers are working to integrate technology into their products in order to give consumers a more streamlined experience...
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General Motors Is Exploring Mobileye's Advanced Mapping For OnStar
Tuesday, January 5, 2016 - 12:22pm | 308General Motors Company (NYSE: GM) is at the forefront of vehicle technology and autonomous cars this year. The company on Tuesday announced that it is looking into new mapping technology from Mobileye NV (NYSE: MBLY), which leverages crowd-sourced real-time data collected by OnStar...
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Is It Smart To Invest In Smart Cars?
Tuesday, May 26, 2015 - 1:51pm | 559The growing push toward smart cars has led many investors to place their bets on car companies and software manufacturers who are leading that field, but some analysts caution that a technology as new as this doesn't have all the bugs worked out just yet. Partnerships Emerge When it comes to smart...
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SunTrust On Auto Connectivity: Conversation Moving Beyond Google
Monday, January 12, 2015 - 11:14am | 277SunTrust Robinson Humphrey's Bob Peck on Monday commented in a note that Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is no longer the dominant name within the connected automobile space. “When it came to automobiles this year the conversation moved beyond Google and its self-...
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3 Most Potentially Hackable Cars
Monday, August 11, 2014 - 4:35pm | 797If you drive a 2014 Jeep Cherokee, Infiniti Q50 or a 2015 General Motors (NYSE: GM) Cadillac Escalade, you may not be as in control behind the wheel as you think you are. These three automobiles were dubbed “most hackable” by researchers, Charlie Miller and Chris Valasek, in a...
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Market Wrap For May 12: Dow And S&P Close At Record Highs
Monday, May 12, 2014 - 4:37pm | 2248U.S. stocks rose as both the Dow and S&P 500 indices closed at record highs. With over 90 percent of S&P 500 companies reported earnings, investor focus has shifted to renewed merger and acquisition activity that provides a higher level of confidence that the economy is expanding. The...
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Honda Manufactured the Most Stolen Cars in 2011
Monday, August 20, 2012 - 9:55am | 447Honda (NYSE: HMC) is responsible for manufacturing the first and second most stolen cars in the United States. According to the National Insurance Crime Bureau, the 1994 Accord -- which is still fairly popular and lacks any significant security features -- was stolen more than any other vehicle in...
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OnStar Teams Up With RelayRides
Tuesday, July 17, 2012 - 10:44am | 323OnStar, the subscriptions-based communications subsidiary of General Motors (NYSE: GM), has teamed up with RelayRides, the company which allows customers to rent cars from people in their community. According to a press release by OnStar, "subscribers can now rent out their idle vehicles through...
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Siri Can Now Start Your Car
Monday, November 28, 2011 - 12:41pm | 270It can pop the trunk, too. Of all the simplistic hacks that have come to the iPhone, this might be the most amusing one yet. According to TechCrunch, if you're capable of making a homebrew proxy server, you can get your Siri to start your car for you. Technologically, this isn't exciting. If you'...