ArchiveAfternoon Spy: Aston Martin and Toyota? Pickens At It Again (UEC, URRE, REE, AVL, MCP, MRVL, TMRAY, CRMT, LAS, EP, BAC, MSFT, INTC, TM)Posted by Eric Monte at 3:04PM on May 27th
Markets are modestly higher ahead of the long Memorial Day weekend, the market shrugged off a better-than-expected consumer sentiment reading of 74.3, up from 69.8 in April. In other economic news, personal income increased by 0.4%. This is the third… Morning Spy: Commodities Bright, Microsoft in the News, and More (UEC, URRE, REE, AVL, MCP, ARRS, SEAC, QPSA, CRMT, LAS, GOOG, MSFT, IGV, NOK, TECD, TM)Posted by Jason Smith at 10:30AM on May 27th
Markets opened modestly higher ahead of the long Memorial Day weekend, with a pullback in the dollar fueling interest in stocks. Meanwhile, the market mostly shrugged off a better-than-expected consumer confidence reading. Today’s Top tickerspy Indexes: Retail Sectors Mixed After June Report (SAH, PAG, CRMT, CAB, DKS, KIRK, BBBY, WMT, CVS)Posted by Dave Goodboy at 2:17PM on July 14th
Retail sales fell for the second straight month, slipping -0.5% for June. The Commerce Department reported that the bulk of the decline came from a pull back in auto and gasoline sales. This drop is on the heels of May’s… Senate Vote Exempts Auto Dealers From Extra Regulation (LAD, ABG, CPRT, CRMT, AN, SAH, GPI)Posted by Anita Godse at 10:29AM on May 26th
A Senate vote on Monday, which passed 60 to 30, proposes that auto dealers would not fall under the jurisdiction of the new regulatory body for consumer financial protection. More specifically, the loans that auto dealers offer would be exempt… Cash for Clunkers Helped Used Car Dealers?Posted by Owen Vater at 10:43AM on September 22nd
The government’s ‘cash for clunkers’ auto subsidy program helped hoards of Americans get into new cars, but apparently many Americans are still buying used. During the cash for clunkers program, anybody with an inefficient old beater could trade it for $4500… Will Clunkers Program Kill Good Business?Posted by Owen Vater at 11:39AM on September 1st
The ‘Cash for Clunkers’ program was successful in spurring demand for new cars, but if America’s Car-Mart’s (CRMT) fiscal first-quarter earnings are any indication, used cars are selling just fine on their own. Before the bell this morning, used-car dealer America’s Car-Mart… |
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