January 31, 2023 @ 10:29 pm | Breaking News, GM, Jubak Picks Portfolio |
General Motors (GM) shares are up 8.34% as of the close today after the company reported a huge jump in earnings for the fourth quarter and the full year. For the quarter the car company reported adjusted earnings per share of $2.12 versus an expected $1.69, and...
December 10, 2021 @ 6:43 pm | Breaking News, F, Jubak Picks Portfolio |
Ford Motor (F) CEO Jim Farley said yesterday, December 9, that pre-orders for the soon-to-launch F-150 Lightning pickup truck are so great that it had to stop taking reservations. “We are completely oversubscribed with our battery electric vehicles, Lightning...
October 29, 2021 @ 7:59 pm | Breaking News, F, Jubak Picks Portfolio |
So far Ford Motor (F) is meeting the expectations I had when I added it to the Jubak Picks Portfolio on June 9, 2021. On Wednesday, October 27, the company raised its earnings forecast (EBITDA) for 2121 to $10.5 billion to $11.5 billion on an improved supply of chips,...
September 28, 2021 @ 7:18 pm | Breaking News, F, Jubak Picks Portfolio |
Shares of Ford Motor (F) were one of the few stocks closing in the green today with a gain of 1.20% to $14.33 a share. Yesterday, September 27, Ford announced that it looking to hire 11,000 new workers and that it would spend an additional $11.4 billion to build...
September 24, 2021 @ 7:09 pm | Breaking News |
The global semiconductor shortage is getting worse as the Delta variant creates production delays in Malaysia, Vietnam, and the Philippines. That’s a new set of bottlenecks. Some automakers that had managed to avoid big shutdowns in production during earlier...
June 16, 2021 @ 7:06 pm | Breaking News, F, GM, Jubak Picks Portfolio |
General Motors (GM) will boost global spending on electric and autonomous vehicles to $35 billion through 2025. That’s a 30% jump over its last spending plan, Reuters reported today. The No. 1 U.S. automaker will build two additional U.S. battery plants and...
June 9, 2021 @ 6:59 pm | Breaking News, F, Jubak Picks Portfolio |
Today I made Ford (F) my fifth pick for a falling market in my Special Report: Five Picks and Five Hedges for a Falling Market on my JubakAM.com subscription site. Some of the logic of that pick is laid in n more detail in the Special Report. With momentum stocks...
April 19, 2021 @ 6:46 pm | Breaking News, Jubak Top 50 Portfolio, TSM |
Taiwan Semiconductor Manufacturing (TSM), the globes biggest independent chip foundry, said last week that it expects the chip shortage that has left automakers scrambling for silicon and cutting back production will be over by the end of the third quarter. Whether...
October 26, 2020 @ 6:59 pm | Breaking News, IFNNY, Jubak Picks Portfolio, Jubak Top 50 Portfolio, NJDCY, Volatility |
Autoliv (ALV) reported third quarter earnings per share of either $1.48 (non-GAAP) or $1.12 (GAAP). (GAAP is generally accepted accounting principles.) That consensus was $1.09 a share on Wall Street. Revenue of $2.04 billion was in line with expectations and up 0.5%...
August 6, 2020 @ 7:19 pm | Breaking News |
Preliminary figures for July show vehicle sales in China advancing for a fourth straight month as buyers gradually return to auto showrooms. The figures are good news for China’s economy as a whole, which looks to have returned to growth–very modest...
March 31, 2020 @ 7:08 pm | Breaking News, GM, Jubak Picks Portfolio |
Automakers are scheduled to report first quarter sales numbers tomorrow with Ford Motor (F), Fiat Chrysler, and General Motors (GM) all expected to snow big declines. And the next quarter looks even worse. “There are basically no U.S. auto sales right now,” Adam...
April 9, 2019 @ 7:51 pm | Breaking News |
Just in case you were worried that global trade wars were in any danger of calming down, today you can relax. Trade hostilities with the European Union are heating up. On Monday the Trump administration said it would impose tariffs on $11 billion in imports from the...
April 2, 2019 @ 6:39 pm | Breaking News, Volatility, You May Have Missed |
President Trump has ordered White House officials to find a way to shut the U.S. border with Mexico while exempting commercial trade from the closure. I don’t know if the President is serious–it could be a negotiating ploy designed to bring pressure on...
October 29, 2018 @ 6:41 pm | ALV, Breaking News, Jubak Picks Portfolio, Update, You May Have Missed |
Before the market open today, Autoliv (ALV) delivered disappointing earnings for the third quarter. But the stock still climbed on news that China is considering cutting the tax on car purchases to 5% from 10% in an effort to stimulate the country’s auto market...
December 12, 2017 @ 6:35 pm | ALV, Breaking News, Jubak Picks Portfolio |
No surprise really, which is why shares of Autoliv (ALV) climbed only 0.75% on the news today. But it’s still good to have a formal decision: After completing its review of the business, the company’s board has decided to spin off Autoliv’s auto...
February 7, 2017 @ 5:55 pm | ALV, Breaking News, Jubak Picks Portfolio, Update |
Whew! And Yay! Whew, that it looks like someone else is going to win the bidding to acquire what’s left of airbag maker and Autoliv competitor Takata. Yay, that the likely acquirer is an airbag maker owned by China’s Ningbo Joyson Electronic. I’m...