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Fly News Breaks for October 26, 2016
GM
Oct 26, 2016 | 06:45 EDT
As previously reported, BofA/Merrill downgraded General Motors to Neutral from Buy. Analyst John Murphy believes the peak of the US auto cycle is approaching which will keep a "lid" on the stock. Murphy said the incremental boost from leasing represented more than 30% of industry new vehicle sales and incentive levels appear elevated and lease residual assumptions appear to be more aggressive. Additionally, he believes the mix benefit, volume, and raw material tailwinds could reverse at some point. Murphy lowered General Motors' price target to $37 from $43.
News For GM From the Last 2 Days
GM
Apr 23, 2024 | 16:25 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
GM
Apr 23, 2024 | 11:57 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
GM
Apr 23, 2024 | 09:56 EDT
Notable gainers among liquid option names this morning include Globe Life (GL) $71.33 +4.94, Super Micro (SMCI) $764.85 +47.83, Danaher (DHR) $250.88 +14.79, Kimberly Clark (KMB) $136.87 +7.94, and General Motors (GM) $45.38 +2.17.
GM
Apr 23, 2024 | 09:41 EDT
Unusual total active option classes on open include: ImmunityBio (IBRX), Halliburton (HAL), Redfin (RDFN), Nokia (NOK), Matterport (MTTR), General Motors (GM), UPS (UPS), Philip Morris (PM), PepsiCo (PEP), and General Electric (GE).
GM
Apr 23, 2024 | 09:04 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGS... To see the rest of the story go to thefly.com. See Story Here
GM
Apr 23, 2024 | 06:36 EDT
Consensus $9.08. Raises FY24 adjusted EBITDA $12.5B-$14.5B from $12B-$14B. Sees FY24 capital spending $10.5B-$11.5B.
GM
Apr 22, 2024 | 11:31 EDT
General Motors (GM) is scheduled to report quarterly results before market open on Tuesday, April 23, with a conference call scheduled for 8:30 am EST, while Ford (F) is scheduled to report after market close on Wednesday, April 24, with a conference call scheduled for 5:00 pm EST. What to watch... To see the rest of the story go to thefly.com. See Story Here
GM
Apr 22, 2024 | 10:45 EDT
Institutional investors and professional traders rely on The Fly to keep up-to-the-second on breaking news in the electric vehicle and clean energy space, as well as which stocks in these sectors that the best analysts on Wall Street are saying to buy and sell. From the hotly-debated... To see the rest of the story go to thefly.com. See Story Here