By Brett Owens
Bear markets can be painful, but they also create aEURoeonce-in-a-decadeaEUR buying opportunities for dividend investors. For example, there are four big names yielding between 9.9% and 15.9% that are literally the leaders in their respective industries. (WeaEUR
U.S. auto parts maker Tenneco Inc on Friday reported a smaller-than-expected fall in quarterly sales, as the impact of coronavirus-led lockdowns on its operations was not as bad as feared.
Ford Motor Company's (NYSE: F) two joint ventures with Chinese automakers both reported year-over-year sales growth for April, in the latest sign that China's new-car market is recovering from the effects of the coronavirus pandemic.
While Detroit automakers' unionized auto factories have been idled by the coronavirus pandemic, farm and construction equipment makers Deere and Caterpillar have won the support of the United Auto Workers and other unions to run their facilities during the pandemic.
Michigan Governor Gretchen Whitmer on Thursday said the state's factories can reopen on May 11, removing one of the last major obstacles to North American automakers bringing thousands of laid-off employees back to work amid the coronavirus pandemic.
While Detroit automakers' unionized auto factories have been idled by the coronavirus pandemic, farm and construction equipment makers Deere and Caterpillar have won the support of the United Auto Workers and other unions to run their facilities during the pandemic.
A look at the weighted underlying holdings of the iShares U.S. Dividend and Buyback ETF (DIVB) shows an impressive 22.3% of holdings on a weighted basis have experienced insider buying within the past six months.
Ford Motor Co. (Symbol: F), which makes up 0.19% of the iShar
Canadian auto parts maker Magna International Inc reported a 51% fall in quarterly adjusted profit on Thursday, hurt by a decline in global automobile production due to the coronavirus crisis.
General Motors (NYSE: GM) surprised Wall Street with a first-quarter net profit of $294 million, as strong demand for its profitable new pickups more than offset the severe impact of factory shutdowns amid the coronavirus pandemic.
The coronavirus pandemic brought the U.S. auto industry to its knees, but Americans' love affair with beefy pickup trucks is helping the Detroit automakers get on the road to recovery.
Less than two months ago, Ford (NYSE: F) enlisted in the war on coronavirus, teaming up with 3M (NYSE: MMM) to produce powered air-purifying respirators, or PAPRs, to be worn by health workers fighting the COVID-19 outbreak. These battery-operated devices, designed by 3M, would
We've all seen the numbers -- more than 30 million people have filed for unemployment so far during the coronavirus pandemic, and this is certain to cause the near record-low unemployment numbers we've seen recently to rocket higher.
(RTTNews) - Ford, with design and testing consultation from 3M, said it begins shipping urgently needed powered air-purifying respirators or PAPRs to health care workers.
Workers at a Lear Corp autoparts plant in northern Mexico that saw the worst known coronavirus outbreak of any factory in the Americas are now bracing to be sent back to work.
BorgWarner Inc reported a smaller-than-expected fall in quarterly profit on Wednesday, as its sales decline was not as bad as feared during the COVID-19 pandemic that also forced the U.S. auto parts maker to cut its full-year outlook.
General Motors Co on Wednesday reported a huge plunge in first-quarter profit that raced past expectations, and the automaker outlined plans for a May 18 restart of most of its North American plants shut down by the coronavirus pandemic.
Workers at a Lear Corp autoparts plant in northern Mexico that saw the worst known coronavirus outbreak of any factory in the Americas are now bracing to be sent back to work.
While the coronavirus pandemic has hit BorgWarner Inc hard, investors want to know more about the status of its pending acquisition of Delphi Technologies Plc and tornado damage at the auto parts supplier's South Carolina plant when it reports first-quarter results on Wednesday.
Investors want to know what kind of economic hit General Motors Co expects from the coronavirus pandemic as it moves forward, whether it needs to raise further cash and when North American vehicle production will resume when it reports first-quarter results on Wednesday.
What happened
Shares of General Motors (NYSE: GM) were rising on Tuesday, ahead of its earnings report, on new developments that make it more likely that GM and the other Detroit automakers will be able to restart production in the U.S. later this month.