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Market Moves Will Remain on Hold Until Bank Stress Test Results Are Released Thursday

Contrarian Profits (May 4th, 2009) Writes:

Barring some dramatic – and unforeseen – news this week, expect investors to tread water until Thursday, when the government is expected to release the results of the bank stress tests it conducted on the 19 largest U.S. banks.

The stress-test results are expected to show that the 19 banks may have to raise between $100 billion to $150 billion – or even more – in new capital. Investors will cause the shares of the strong players to zoom northward, and will likely savage the shares of the weakest players.

“I can’t think of a time since I’ve been watching banks when there’s been so much uncertainty about the true value of a key set of assets,” Douglas Elliott, a fellow at the Brookings Institution, a Washington think tank, told Reuters.

The U.S. bank stress tests have transfixed the world financial markets for weeks, exacerbating the ongoing financial crisis – worsening the U.S.

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GM Steering Big Changes – Analyst Blog

Zacks Market Commentaries (April 27th, 2009) Writes:
General Motors Corp. (GM) will be discontinuing the Pontiac brand by 2010. It is unknown how much this will cost GM as it discontinues contracts with dealers and they are now left with worthless products to sell. The Pontiac G6 will also be a victim, and it is one of GM's top-10 selling cars.Our review of Pontiac's product line from the San Diego Auto Show is below:PONTIAC (G6, G3, Vibe, G5, G8)(This company is owned by General Motors.) G6 - Sales are up 6% for this car with 21 MPG and 80% US content. There is 4/5 star safety and a price of $31-33K. The interior is sporty, but needs some improvement. Smog emissions are 30% above average. Models that should be consolidated - G3 with VibeModels that should be discontinued - G5.On balance, we do not disagree ...

Fisker Automotive, Inc. to Open New Facility in Pontiac, Michigan; Utilizes Quantum Technologies, Inc. (QTWW) for Hybrids

QualityStocks (November 11th, 2008) Writes:

Fisker Automotive, Inc. is an American premium car company with a cutting edge. Fisker cars use technology created by Quantum Technologies (QTWW) to achieve the world’s first true luxury plug-in hybrid sports car – The Fisker Karma.

Quantum designs and manufactures state-of-the-art clean propulsion technologies, fuel and energy storage technologies and services including propulsion systems for hydrogen fuel cell vehicles, hydrogen internal combustion engine vehicles, compressed natural gas vehicles, liquid petroleum vehicles, hybrid electric vehicles and plug-in hybrids.

Yesterday, Fisker announced that they will be aiding in the rehabilitation of the Michigan automotive industry by opening a 34,000 square foot facility in Pontiac, Michigan. The plant will house up to 200 engineers and designers whose primary goal will be to produce the Fisker Karma vehicle. The company’s main headquarters in Irvine, California will not be affected.

The Fisker Karma, with its proprietary Q-DRIVE powertrain developed by Quantum Technologies, will have the

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