Or...Enter your Email


Useful Sites



[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]





Cooper Tire Adjusts Production - Analyst Blog

Zacks Market Commentaries (October 3rd, 2008) Writes:

Cooper Tire & Rubber Company (CTB) specializes in the manufacture and marketing of automotive products. The company's strategy of outsourcing production to low-cost countries and other costruction measures are some of the positive factors associated with the stock.

However, a challenging North American auto environment, elevated raw material costs and strong competition lead us to rate the stock a Hold with a six-month target price of $7.00.

On October 1, 2008, Cooper Tire announced that it continues to adjust production schedules at its U.S. facilities primarily due to raw material shortages and soft demand in the North American market. The savings during the third quarter due to production adjustments was estimated at $9 to $11 million.

Read the full analyst report on CTB

"CTB" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

Bull Market Report Recommends DuPont

CEO Blogger (September 8th, 2008) Writes:

viastockadvisors

“Broad-based chemical, agriculture, and ’science technology’ company DuPont is about as ‘blue chip’ as companies get,” says Bill Martin.

In his Bull Market Report, the trading and investing expert explains, “One of the oldest firms in the country DuPont has shown it can continue to remake itself and grow.”

Track Bull Market’s picks at:

http://trackthepros.com/

Here’s his review.

“DuPont offers the potential of significant gains once the major weak links in the U.S. economy — namely housing and the automotive sector — rebound from their funks and eventually begin to grow.

“DuPont turned in a solid performance in the second quarter, posting a profit of $1.08 billion, or $1.18 per share, up from $972 million, or $1.04 per share, a year ago.

“The bottom line was enhanced by 7 cents a share as the result of a lawsuit settlement and a lower tax rate that resulted from a one-time tax settlement. The company cited

...

Cooper Tire Starts to Get a Grip

Zacks Market Commentaries (August 19th, 2008) Writes:

Cooper Tire & Rubber Co. (CTB) specializes in the manufacture and marketing of automotive products. The company’s strategy of outsourcing production to low-cost countries and other cost-reduction measures are some of the positive factors associated with the stock. However, a challenging North American auto environment, elevated raw material costs and strong competition lead us to rate the stock a Hold with a six-month target price of $11.

The North American Tire Operation segment is concentrated on developing high-performance product offerings to satisfy current market demand. These new products will improve Cooper Tire’s profitability by improving product mix. The company is working constantly to increase its capacity in order to meet the rising demand for replacement tires in the high-performance and ultra-high performance categories.

In 2008, Cooper Tire anticipates receiving approximately 2.5 million tires from the Cooper-Kenda facility with the total first phase capacity of 6.5 million units. The acquisition of Cooper

...

General Automotive Company (GNAU.OB) Welcomes Two New Members to Their Board of Directors

QualityStocks (June 14th, 2008) Writes:

General Automotive Company (OTCBB: GNAU) recently announced that they have added two members to their board of directors, Anthony J. Dowd and Kenneth F. Adams. The company is a provider of original equipment and aftermarket automotive parts, mobile electronics, and related automotive products spanning different areas of distribution within the United States and internationally.

Anthony Dowd is the managing partner of the private equity partnership, Charter Oak International Partners. During his sixteen years at Charter Oak, Dowd directed and led numerous acquisitions and investment ventures with privately held businesses. His team has completed more than forty-five acquisitions since founding Charter Oak’s private equity business.

Kenneth Adams brings with him an extensive background of management experience. He served as vice president and CFO of Saab Cars USA, Inc. for thirteen years, a subsidiary of General Motors Corporation and a wholesale distributor of Saab cars, producing

...

General Automotive Company (GNAU.OB) Reports First Quarter Financial Results

QualityStocks (May 29th, 2008) Writes:

General Automotive Company (OTCBB: GNAU) reported their financial figures for the first quarter ended March 31, 2008. The company is a provider of original equipment and aftermarket automotive parts, mobile electronics, and related automotive products covering a number of levels of distribution throughout the U.S. and worldwide. They have long-lasting relationships with manufacturers in China, Korea, and Japan which allows them to bring high-quality automotive parts and accessories to automobile manufacturers in the United States.

Revenue rose 51% to $4.07 million for first quarter 2008 compared to $2.69 million a year ago. Gross profit totaled $345,000 for first quarter 2008 compared to last year’s total of $482,000. Net loss was reported to be $504,000, or $0.07 per diluted share, a change from last year’s first quarter’s net loss of $443,000, or $1.15 per diluted share.

Joe DeFrancisci, President and CEO of General Automotive, said, “Since General

...

Navteq & Garmin Take Navigation Mainstream

Faisal Laljee (August 3rd, 2007) Writes:

It seems like every new car, even those under $25,000 have built in navigation systems, and those that don’t, offer it as an option. I live in Los Angeles, where driving is like eating – everyone does it, so it is not uncommon to glance at the car sitting next to you in traffic and see a GPS navigation system on the dashboard.


Newsletter

First Name:

Email:


More Options

No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.