Automakers struggle with the future in Los Angeles Sun, 26 Nov 2017 13:06:23 +0000 Car manufacturers' attempts to square what U.S. consumers want against the clean vehicles regulators and investors demand will be on display in Los Angeles this week at an auto show that has moved away from calling itself just an auto show. Automakers on Monday will begin previewing new models for the media at an event called AutoMobility LA, reflecting an emphasis on digital technology and new ways to get around, such as self-driving cars. On Friday, the Los Angeles Auto Show will open to the public for 10 days, attracting visitors from one of the world's most affluent and culturally influential metropolitan markets.
[$$] AT&T, Time Warner, Face Antitrust Concerns Sat, 25 Nov 2017 05:01:00 +0000 AT&T • T-NYSE Outperform • Price $34.64 on Nov. 20 by Raymond James Today after the close, the U.S. Department of Justice filed suit to block the proposed merger between AT&T and Time Warner, citing significant harms to consumers through definitive actions it alleges AT&T will certainly take postdeal in order to restrict content from rivals and to raise prices. Trial timeline: AT&T expects the trial to begin within 60 days, and we believe that it will last for two weeks.
How Analysts Rate Tesla Stock after Semi Unveiling Fri, 24 Nov 2017 17:45:22 +0000 According to data compiled by Reuters as of November 21, 2017, about 35% of analysts covering Tesla (TSLA) have given the stock a “buy” recommendation.
Is General Motors Company (GM) A Buy At Its Current PE Ratio? Thu, 23 Nov 2017 13:11:07 +0000 General Motors Company (NYSE:GM) is currently trading at a trailing P/E of 9.2x, which is lower than the industry average of 14.6x. While GM might seem like an attractive stockRead More...
2017 Mustang Shelby GT350 — the legend gets even better Wed, 22 Nov 2017 20:34:48 +0000 The Shelby Mustang bloodline is legendary. When Ford (F) teamed up with Carroll Shelby in 1965 to build the GT350R, it was basically for “homologation” purposes so Ford could race the car under SCCA rules. You probably also recognize it as “Eleanor,” the classic Shelby Mustang GT500 made famous in Gone in 60 Seconds (the 2000 version).
Morgan Stanley Stock Versus Revenue Is Bad News for the Market Wed, 22 Nov 2017 16:12:04 +0000 The gain is slightly better than the 15.3% in the S&P 500, while long-time rival Goldman Sachs Group Inc. (NYSE:GS) has gone nowhere. There is a good reason for Morgan Stanley’s move. It would seem the rising tide of the market is now lifting investment banking and Morgan Stanley stock.
The One Thing Ford Absolutely Must Do If It Wants to Play With Tesla, GM Wed, 22 Nov 2017 16:06:00 +0000 Tesla (TSLA) is considered a tech company, despite some protestations (if you have doubts just look at its valuation). General Motors' (GM) 28% rise this year has come largely as a result of the willingness to consider the possibility that maybe it is too. Ford's shares have dropped 0.1% so far this year, as investors widely perceive that it's fallen behind GM, Tesla and others in the tech race that's consuming the auto business.
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