Is the Pontiac brand being sold or is it being discontinued completely? If it's discontinued, won't this affect the auto parts maker's cashflow and still endanger Ford?
cnbc reported some leaked stress test results Only one of the 19 financial institutions that received a bank stress test would require additional capital, the controversial government initiative has reportedly concluded. The identity of the bank that is alleged to have failed the bank stress test was not revealed. The bank-stress-test findings were reported yesterday (Sunday) by CNBC.com, which said it obtained the information from a source that it did not identify. The source did not identify the company, CNBC.com reported. “At least one firm – under the [bank] stress test assumptions – will require more capital,” the source said. The bank-stress-test results were contained in a two-dozen-page report that the government released Friday. But the results had already been “conveyed” to the firms, meaning the bank in question is aware of the U.S. central bank’s assessment, according to the published report. This round of bank stress tests was essentially a two-step process. The first step – outlining how the banks have been analyzed – was taken care of with the report released over the weekend. The second step – releasing the results to the public – will be taken care of when the actual results are released May 4, which is one week from today (Monday).
Ford will be fine no matter what. Their stock price might fall depending on profit and cash they burn but in long term the company is solid.
If one has some respectable profits near the close today, consider taking some of them. <i>Pigs get Slaughtered</i>.
Is it pump and dump for the traditional selloff in May? It looks like the markets are divorced from reality.
Sorry, I don't keep up with <i>Google</i>. There was another build in oil supplies and oil sector stocks rallied which is counter intuitive. U.S. Petroleum Balance Sheet
Maybe not the market itself, but the recent rally makes no sense in light of recent data, and even if the markets are usually ahead of future economic performance, expected global numbers for the rest of the year aren't too kind. That's my opinion. I'm wondering if anyone else feels the same way or I hope for those who disagree, they would care to share why they think the rally will last.
I bought in because I saw value....because when you have a chance to pick up companies like GE and Dow Chemical at around $7/share, I think there's incredible value there. I'll be surprised if both aren't around $20 by the end of the year. I don't buy for short-term, USUALLY.
