Precision Castparts: A Five-Star Stock That's Prepared to Pop
Precision Castparts: A Five-Star Stock That's Prepared to Pop
Are Mergers and Acquisitions Ready to Take Off?
Ford CEO Alan Mulally and Executive Chairman Bill Ford, have been awarded $56.5 million and $42.4 million in stock, respectively, in recognition for the company's stunning turnaround, which resulted in the automaker raking in $6.6 billion last year -- its best performance in more than a decade.
Verizon says its smartphone penetration will increase from 26% in 2010 to 50% in 2011. That is a very aggressive target that should be good news for the stock. Investigate yourself how high the stock could go by clicking on the interactive chart inside the story.
Fiat CEO Sergio Marchionne said Monday that he could increase Fiat's ownership in Chrysler to more than 50% should America's smallest domestic automaker seek to return to the stock market this year, but that he doesn't plan to merge the companies' operations.
GM's stock price rose as much as 2.5% in trading Tuesday after several brokerage houses began coverage of the stock, with several issuing upbeat initial ratings and hefty price targets. GM still faces a hard road forward, but Wall Street generally sees success ahead.
How Companies Should Spend Their $1.9 Trillion in Cash
A former Goldman Sachs computer programmer has been convicted of stealing trade secrets and property from the company.
Three years after it went private in a management buyout, Texas-based energy firm Kinder Morgan has filed for a $1.5 billion initial public offering.
After months of anticipation General Motors has priced its stock at $33 a share in its initial public offering slated to begin official trading Thursday in New York. The figure is at the high end of the offer, which in recent days saw its range rise from the initial range of $26 to $29 a share. The Detroit automaker is looking to raise nearly $23 billion through the sale of a combination of both common and preferred shares.
Considering where the iconic carmaker has been in recent years, the pending IPO -- and robust investor demand for shares -- is a remarkably positive step. But GM still has plenty of problem spots that will need fixing if this historic event is to have lasting meaning.
Goldman Sachs Group won't stop taking orders for General Motor's initial public offering at noon Friday, the investment banker now says, despite an email sent by the bank to clients on Thursday that said it would, Dow Jones Newswires reports.
General Motors reported Wednesday that it earned $2 billion in the third quarter, marking its most profitable quarter yet since emerging from bankruptcy last year.
As Bank of America continues to cope with fallout from the housing and mortgage crisis, the financial institution may have to pay some year-end employee bonuses in the form of stock because of a possible cash shortfall related to its buy-back of stock from the federal government.
Stock in Ford hit levels not seen since the summer of 2004 Thursday, a day after the Dearborn, Mich., automaker reported solid sales for the month of October. The stock rose as much as 4.3% to $15.83 a share in morning trading on Wall Street.
Some of the best reads for investors from around the Web, including posts on a misunderstanding about kickbacks at Foursquare, the second stimulus plan and the latest in Google perks: servants for its employees.
Investors have been pulling their money out of U.S. equities for 24 straight weeks, last week withdrawing $623 million from U.S. stock funds.
The federal government's stake in banking-giant Citigroup presents a conflict of interest in General Motors' pending initial public offering, the automaker said Thursday.
General Motors is offering some 600,000 employees, retirees and dealers the chance to purchase stock in the resurgent company as the auto giant moves forward with its initial public offering, slated for next month.
On his Mad Money show last week, Jim Cramer encouraged viewers to add short-term trading to their portfolios. But how can an investor determine with certainty when a stock has "flown too high" and when to buy it back?
Considering how often airline industry executives complain about how hard it is to run a profitable carrier, one might expect their efforts could go unrewarded -- at least monetarily. Not so at the new United Continental Holdings, where big post-merger raises are coming for top management.
Chrysler Group is likely to pursue an initial public offering of stock in "chunks" rather than one big offering and not until the second half of 2011, the company's chief executive said Thursday.
Italian automaker Fiat reportedly is looking to acquire a bigger stake in Chrysler Group, and may seek to sell shares in its Ferrari sports-car unit in an initial public offering to help fund the purchase, unnamed sources told the respected Italian newspaper Corriere della Sera.
Adobe Systems's fiscal third-quarter earnings beat analyst expectations, but share prices plunged in after-hours trading after the largest maker of graphic-design software released lower-than-expected guidance for the fourth quarter.
China's SAIC Motor is considering taking a stake in General Motors when the Detroit-based automaker begins its public offering of stock later this year. Though some Americans will likely object to foreign ownership, GM's stakeholders will likely need all the help they can get unloading shares.
Some of the best reads for investors from around the Web, including posts about the top iPhone apps (at least this week), the Standard & Poor's 500 index's climb, the argument for going short and why stocks may be in a bubble.
Index futures, index options, equity options and security futures are all set to expire Friday, but that's unlikely to give stocks the usual boost in this time of investor uncertainty.
Cisco Systems will pay out its first dividend within the next year, the computer-networking-gear maker promised shareholders Tuesday.
The implosion of Lehman Brothers was just two years ago and yet Wall Street and the financial industry are still struggling to rebuild from the ashes. But as the economy recovers, are bank stocks good buys? Here are the bull and bear cases for three of the nation's biggest banks.
The Federal Reserve Board, on Tuesday, cleared the way for China Investment Corp. to acquire up to 10% of the voting shares of Morgan Stanley.