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Posts Tagged ‘Stocks’

ETRE Financial Launches Real Time Platform for Commercial Real Estate

Enables Trading of Shares of Individual Commercial Real Estate Assets and Improves Transparency of the Overall REIT Market

NEW YORK, Oct. 23, 2013, ETRE Financial, LLC (“ETRE”), a real estate financial services and technology company, today announced the launch of a first-of-its-kind exchange-traded real estate platform for investing in shares of individual commercial real estate assets and portfolio REITs listed on national exchanges. The ETRE platform incorporates capital advisory, asset management, trading and credit analysis to provide an end-to-end solution for liquid, transparent and accessible real estate investing and information analysis.

ETRE seeks to broaden the investment opportunity in commercial real estate through creation of the Electronic Traded Property (“ETP”) and through a new process for investing in individual commercial real estate assets. To facilitate investment in individual commercial assets, ETRE has introduced mark-to-market technology for ETP and REIT equity shares that innovates mark-to-market simultaneous pricing in price per share, price per square foot, price per unit, and price per key in real time.

“ETRE is the next evolutionary step in real estate investing,” said Paul Frischer, ETRE’s co-founder and Chief Executive Officer. “Building on the established framework of REIT equities and the benefits of underlying pooled real estate assets, investors in the public market have sought the opportunity to have access to individual commercial real estate properties as part of their portfolios. ETRE has filled this market demand through the introduction of Electronic Traded Properties, leading the way to listing and trading of single property REITs on national exchanges.”

ETRE’s proprietary trading platform and advisory services provide a complete order management system with an extensive collection of trade and market information to support superior analytics and trading for ETPs and portfolio REITs. The platform runs in a cloud environment that is available to institutional investors, traders, property owners, brokers, financial advisors and individual investors globally as a secure internet browser-based system.

“The ETRE platform delivers unprecedented transparency into publicly-traded real estate in real-time metrics for both equity and real estate investors,” said Jesse Stein, ETRE’s co-founder and Executive Managing Director. “The platform provides investors with the ability to create their own diversified real estate portfolios and allocate investments based on geographic, asset type, and yield criteria. The ETRE advisory service builds on these key factors to support owners and investors seeking to list individual commercial real estate assets on national exchanges.”

To learn more about ETRE advisory services or to register for a trial demo of the ETRE Trader OMS platform, please visit www.etrefinancial.com.

About ETRE Financial
ETRE Financial, a real estate financial technology company, was founded in 2012 by a team of real estate professionals who sought to bring the benefits of the equities market – including liquidity, transparency and investor accessibility – to the commercial real estate market. ETRE encompasses capital advisory, asset management, trading and credit analysis systems to provide an end-to-end solution for liquid, transparent and accessible real estate investing in publicly-traded REITs and exchange-listed single asset commercial real estate properties. To learn more, please visit www.etrefinancial.com.

Media Contacts:

Konstantin Shishkin
212.445.8462
kshishkin@webershandwick.com

David Brodnick 
212.445.8018
dbrodnick@webershandwick.com

SOURCE:

ETRE Financial, LLC
http://www.etrefinancial.com

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Capstone Financial Group, Inc. (CAPP) Announces Forward Stock Split

IRVINE, Calif., Sept. 19, 2013, Capstone Financial Group, Inc. (OTCBB: CAPP) (“Capstone”), an investment and merchant banking group, today announced a twenty-for-one forward stock split of its issued and outstanding common stock (the “forward split”). Following the forward split, each share of Capstone’s common stock outstanding will represent 20 shares of common stock on a post-split basis.

On the record date of September 23, 2013, Capstone’s common stock will begin trading on a post-split adjusted basis. Capstone Financial Group, Inc.’s ticker symbol of “CAPP” will remain unchanged as a result of the forward split; however, the effectiveness of the forward stock split is subject to approval by FINRA.

“We are pleased to announce the implementation of our forward split which we expect to encourage more liquidity in our stock trading. This puts our company on target to add and maximize shareholder value,” said Darin Pastor, Chairman and Chief Executive Officer.

Shareholders holding common stock will not be required to take any action and each share of common stock outstanding prior to the effective time of the split will thereafter represent the number of shares of common stock, on an adjusted post-split basis, following the effective time of the split. Shares of common stock held in brokerage accounts should also be credited with the split amount without further action. The forward split will increase the number of issued and outstanding shares to 90,200,000. For more information, brokerage customers should contact their brokerage representative.

Pastor and George Schneider, President and Chief Investment Officer, also announced this week that Capstone advised and funded through direct investment the current financial needs of Instant-BioScan (http://www.ibioscan.com/), a Tucson-based manufacturer of real-time microbial systems for water. Additionally, Capstone cemented the exclusive rights to advise and raise $221,000,000 through a bond offering for a large multinational corporation within the health, wellness, and nutritional supplement industry. The firm expects this transaction to close in mid-October.

About Capstone Financial Group, Inc.
Capstone Financial Group, Inc. (CAPP) is an exclusive investment and merchant banking group headquartered in Irvine, Calif. Founded in 2013 by Chairman and Chief Executive Officer Darin Pastor, the company includes wholly-owned subsidiaries Capstone Investment Banking, Capstone Merchant Banking, and Capstone Affluent Strategies. The firm’s executive management team consists of leaders who have more than 100 collective years of experience in wealth management and investment banking, with a surgical understanding of clean technology and industrial growth, capital raising services concerning municipal government interests, and private placements and public offerings of corporate debt and corporate equity. For more information, visit www.capstonefinancialgroupinc.com.

Forward-Looking Statements
Statements in this press release relating to Capstone Financial Group, Inc.’s future plans, expectations, beliefs, intentions and prospects are “forward-looking statements” and are subject to material risks and uncertainties. When used in this press release, the words “will,” “future,” “expect,” “look forward to,” similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of Capstone Financial Group, Inc. that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this press release due to a number of risks and uncertainties. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur. All information set forth in this press release is current as of September 19, 2013. Capstone Financial Group, Inc. undertakes no duty to update any statement in light of new information or future events.

 

SOURCE:

Capstone Financial Group, Inc.

http://www.capstonefinancialgroupinc.com

 

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J.D. Power and LMC Automotive Report: Strong New-Vehicle Sales in February Drives Robust Selling Rate

WESTLAKE VILLAGE, Calif., Feb. 22, 2013, The new-vehicle retail selling rate in February remains above 12 million units—stronger than it was a year ago—as the auto industry recovery continues, according to a monthly sales forecast developed by J.D. Power and Associates’ Power Information Network® (PIN) and LMC Automotive.

Retail Light-Vehicle Sales
February new-vehicle retail sales are expected to come in at 931,100 vehicles, which represents a seasonally adjusted annualized rate (SAAR) of 12.1 million units, a decline from the robust 13.1 million SAAR in January, but stronger than the 11.7 million SAAR in February 2012. Retail transactions are the most accurate measurement of true underlying consumer demand for new vehicles.

“All signs of the industry’s health are positive right now,” said John Humphrey , senior vice president of the global automotive practice at J.D. Power and Associates. “Average transaction prices are up, incentives are stable, leasing is at a healthy level and newly redesigned models continue to make an impact on the marketplace.”

“Demand is increasing, but the automakers deserve credit for doing a much better job of keeping alignment of production and demand.” said Humphrey. “This has led to new-vehicle transaction prices that are averaging nearly $1,000 more in February than the same period in 2012 while incentives have remained relatively flat year over year.”

Total Light-Vehicle Sales
Total light-vehicle sales in February 2013 are projected to reach 1,176,200 units, a seven percent increase from February 2012 and the fourth consecutive month with the selling rate at or above 15.2 million units. Fleet share is expected to remain at the January level of 21 percent.

J.D. Power and LMC Automotive U.S. Sales and SAAR Comparisons

February 20131

January 2013

February 2012

New-Vehicle Retail Sales

931,100 units2

(9% higher than February 2012)

822,018 units

887,924 units

Total Vehicle Sales

1,176,200 units

(7% higher than February 2012)

1,041,982 units

1,147,761 units

Retail SAAR

12.1 million units

13.1 million units

11.7 million units

Total SAAR

15.2 million units

15.2 million units

14.4 million units

1Figures cited for February 2013 are forecasted based on the first 14 selling days of the month.
2The percentage change is adjusted based on the number of selling days in the month (24 days in February 2013 vs. 25 days in February 2012).

Sales Outlook
The outlook for 2013 continues to improve, as the selling pace remains robust. In fact, LMC Automotive is increasing its 2013 U.S. forecast for total light-vehicle sales to 15.3 million units from 15.1 million units. The increase is split between fleet and retail light-vehicle sales, with the outlook for retail increasing to 12.5 million units from 12.4 million units.

“The current fundamentals that are driving strong vehicle sales—pent-up vehicle demand and a stable, recovering economy—are expected to get a boost by additional positive factors this year,” said Jeff Schuster , senior vice president of forecasting at LMC Automotive. “An expected recovery in the housing market, and 50 percent more new-model launches combined with an increase in lease maturities should keep light-vehicle sales climbing throughout the year.”

North American Production
North American light-vehicle production in January 2013 finished at more than 1.3 million units, seven percent higher than in January 2012. Production in Mexico has increased by nearly 21 percent from January 2012 on higher General Motors, Ford, and Volkswagen volumes related to newer launches. U.S. vehicle production has grown by nine percent from January 2012, while Canadian production has declined by 13 percent during the same period.

Vehicle inventory levels in early February increase to a 74-day supply, compared with 59 days in January. A higher level is typical in February. However, at the current selling rate, inventory levels are expected to rebalance within the next month or two. Overall, there are nearly 3.1 million units currently available on dealer lots or in transit—an increase of approximately 600,000 units from February 2012.

LMC Automotive’s forecast for North American production remains at 15.9 million units for this year, a three percent increase from 2012.

“The current inventory situation and production plan for 2013 suggests that there is enough volume to support the expected increased level of demand, and there remains little risk for an overbuild environment,” said Schuster.

About J.D. Power and Associates
Headquartered in Westlake Village, Calif., J.D. Power and Associates is a global marketing information services company providing forecasting, performance improvement, social media and customer satisfaction insights and solutions. The company’s quality and satisfaction measurements are based on responses from millions of consumers annually. For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. J.D. Power and Associates is a business unit of The McGraw-Hill Companies.

About The McGraw-Hill Companies
The McGraw-Hill Companies (NYSE: MHP), a financial intelligence and education company, signed an agreement to sell its McGraw-Hill Education business to investment funds affiliated with Apollo Global Management, LLC in November 2012. Following the sale closing, expected in early 2013, the Company will be renamed McGraw Hill Financial (subject to shareholder approval) and will be a powerhouse in benchmarks, content and analytics for the global capital and commodity markets. The Company’s leading brands will include: Standard & Poor’s, S&P Capital IQ, S&P Dow Jones Indices, Platts, Crisil, J.D. Power and Associates, McGraw-Hill Construction and Aviation Week. The Company will have approximately 17,000 employees in more than 30 countries. Additional information is available at www.mcgraw-hill.com.

About LMC Automotive
LMC Automotive, formerly J.D. Power Automotive Forecasting, is the premier supplier of automotive forecasts and intelligence to an extensive client base of automotive manufacturer, component supplier, logistics and distribution companies, as well as financial and government institutions around the world. LMC’s global forecasting services encompass automotive sales, production and powertrain expertise, as well as advisory capability. LMC Automotive has offices in the United States, the UK, Germany, China and Thailand and is part of the Oxford, UK-based LMC group, the global leader in economic and business consultancy for the agribusiness sector. For more information please visit www.lmc-auto.com.

Media Relations Contacts
John Tews ; Troy, Mich.; (248) 680-6218; media.relations@jdpa.com
Emmie Littlejohn ; LMC Automotive; Troy, Mich.; (248) 817-2100; elittlejohn@lmc-auto.com

No advertising or other promotional use can be made of the information in this release without the express prior written consent of J.D. Power and Associates or LMC Automotive. www.jdpower.com/corporate www.lmc-auto.com

SOURCE: J.D. Power and Associates

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Survey of Global Public Companies Finds Investor Relations Professionals Ready to Engage Investors with Mobile Technologies

IROs from Leading Companies Know Investors Want Mobile Communications; IROs Still See Barriers to Executing Mobile IR Strategies and Publishing Apps

NEW YORK, Feb. 19, 2013, Investor Relations professionals at public companies plan to embrace mobile technologies and incorporate them into their communications strategies this year, according to a survey conducted by theIRapp™, the investor relations app building technology platform that allows public companies to optimize their IR content for iPhone, iPad and Android mobile devices.

As part of theIRapp’s™ work to help the IR industry understand and embrace new technology, the company surveyed more than 100 IROs during the course of January, 2013. theIRapp gathered opinions and thoughts on how these professionals view the importance of mobile technology to their work communicating with investors, and how they plan to incorporate it this year and in the future. The IR executives offering insight covered small, medium and large market capitalization companies across diverse industries. Notable names of companies responding to the survey include McDonald’s, Urban Outfitters, and Hewlett Packard.

Survey results showed:

  • 88% of IROs recognize the importance of mobile to their work as communications professionals and believe that public companies need to develop a mobile IR strategy in the coming year(s);
  • 57% of IROs believe investors now require faster access to IR content via mobile devices as compared to traditional sources.

Notwithstanding the above findings, more than 78% of companies currently do not use mobile devices for their IR communications.

With respect to their views on the landscape of mobile IR, the IROs surveyed said the following:

  • 91% believe the same amount or more companies will consider publishing an investor relations app this year;
  • 41% do not want to be first in their industry; they want to see other companies publish an IR app;
  • 21% want to follow the leaders; they want to see larger companies publish IR apps first;
  • 38% think investors are still tied to their desktops; they want to see deeper adoption of mobile devices across their investor base before embarking on a mobile strategy;
  • 67% think the SEC will react in the near future to the use of mobile technologies/apps for investor communications and for Reg FD disclosure purposes ;
  • 35% have not implemented a mobile strategy because of budgetary constraints.

Qualitatively, IROs surveyed believe that more companies will launch IR apps and mobile strategies in 2013:

  • Because they want to enhance their communications with investors and stay current with technological advances;
  • Because they are looking for ways to be more transparent;
  • When more prevalent and reliable wireless connectivity exists;
  • To expand their investor base, particularly with individual/retail investors.

Commenting on the survey, Jeff Corbin, co-founder of theIRapp, said, “The use of mobile technology and IR apps in communications is a new and emerging category. Companies are only beginning to recognize the power of mobile to shareholder engagement and communications as can be seen by the fact that today only approximately 100 native IR apps can be found in Apple’s App Store and the Google Play Market. While these tend to belong to larger corporations like Walmart, Marathon Oil and Campbell’s Soup, companies with smaller market capitalizations are also starting to embrace IR apps as a way to communicate with their investors who increasingly are on the go and not tied to their office desktop.”

He continued, “We now find ourselves at a very exciting time in the IR industry. There is a complete paradigm shift underway with respect to how people communicate with each other. To the extent mobile technologies offer companies the ability to push information and engage directly with investors via their very personal mobile device, the IR industry must consider and rethink how investors are now consuming information.”

“In or around 2000, the IR section of the corporate website was a nice to have and was unregulated by the SEC. Now it is an accepted means through which to communicate and every company must have one. Given what we have seen over the past couple of years with the proliferation of mobile, and as was confirmed by theIRapp’s survey, no one can question that mobile devices and apps are here to stay and just as the IR section of the corporate website is now a must have, so too will be the case with IR apps.”

For more information on the survey, please visit www.theirapp.com or contact theIRapp at info@theIRapp.com or 212-896-1255 Media contact Joe McGurk jmcgurk@kcsa.com/ 212.896.1231.

About theIRapp™

theIRapp™ (www.theIRapp.com) is a turnkey mobile investor relations application building solution available to all publicly traded companies listed on all global stock exchanges. It enables a company’s investor relations information to be downloaded via Apple’s App Store on the iPhone and iPad as well as Google Play for Android devices. theIRapp is a simple way for investors to engage with critical company and stock information. theIRapp delivers easy sharing of content with colleagues and friends as a next generation IR solution for establishing transparency, building shareholder loyalty, and expanding an investor following.

By providing a company’s ticker symbol and logo, a public company can have its own customized app available as a free download for millions of investors in less than three weeks. Through theIRapp, retail and institutional investors have access to automated, real-time stock price information (via live data feeds), press releases, SEC filings, analyst coverage, corporate documents (fact sheets, presentations, etc.), videos, audiocast conference calls, upcoming events and other custom company information.

SOURCE:

theIRapp

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McDonald’s Global Comparable Sales Decrease 1.9% In January

OAK BROOK, Ill., Feb. 8, 2013, McDonald’s Corporation today announced that global comparable sales decreased 1.9% in January. Performance by segment was as follows:

  • U.S. up 0.9%
  • Europe down 2.1%
  • Asia/Pacific, Middle East and Africa (APMEA) down 9.5%

“McDonald’s is focused on satisfying the needs of each and every customer visiting our restaurants in search of great-tasting food and beverages, outstanding service and everyday value,” said McDonald’s President and Chief Executive Officer Don Thompson. “While January’s results reflect today’s challenging environment and difficult prior year comparisons, I am confident that our unwavering commitment to delivering an exceptional restaurant experience will enhance our brand’s relevance and drive long-term results.”

January comparable sales increased 0.9% in the U.S. driven by a balanced offering of premium, core and compelling value options, including the addition of the new Grilled Onion Cheddar burger to the Dollar Menu. Results for the month also benefited from convenience and restaurant modernization strategies designed to provide customers with a better overall experience.

In Europe, comparable sales decreased 2.1% as positive results in the U.K. and Russia were offset by performance in Germany, France and other markets. Throughout Europe, McDonald’s remains focused on appealing to a broad range of customer preferences with seasonal food events and enhanced value and breakfast offerings along with extended operating hours.

In APMEA, January’s comparable sales decreased 9.5% due to ongoing weakness in Japan and negative results in China due primarily to the shift in timing of Chinese New Year and, to a lesser extent, the residual effects of consumer sensitivity around the recent supply chain issue in the chicken industry, which more than offset positive results in Australia.

Systemwide sales for the month increased 0.3%, or 0.7% in constant currencies. For the month of February, comparable sales will be negatively impacted by approximately 3 percentage points as prior year results included one extra day due to leap year.

Percent   Increase/(Decrease)

Comparable

Systemwide   Sales

Sales

As

Constant

Month ended January   31,

2013

2012

Reported

Currency

McDonald’s Corporation

(1.9)

6.7

0.3

0.7

Major Segments:

U.S.

0.9

7.8

1.9

1.9

Europe

(2.1)

4.0

3.8

0.6

APMEA

(9.5)

7.3

(8.6)

(5.1)

Definitions

  • Comparable sales represent sales at all restaurants, whether operated by the Company or by franchisees, in operation at least thirteen months including those temporarily closed. Some of the reasons restaurants may be temporarily closed include reimaging or remodeling, rebuilding, road construction and natural disasters. Comparable sales exclude the impact of currency translation. Comparable sales are driven by changes in guest counts and average check, which is affected by changes in pricing and product mix. Management reviews the increase or decrease in comparable sales compared with the same period in the prior year to assess business trends.
  • The number of weekdays and weekend days can impact our reported comparable sales. In January 2013, this calendar shift/trading day adjustment consisted of one less Sunday and Monday, and one more Wednesday and Thursday compared with January 2012. The resulting adjustment varied by area of the world, ranging from approximately -0.9% to 0.8%. In addition, the timing of holidays can impact comparable sales.
  • Information in constant currency is calculated by translating current year results at prior year average exchange rates. Management reviews and analyzes business results excluding the effect of foreign currency translation and bases incentive compensation plans on these results because they believe this better represents the Company’s underlying business trends.
  • Systemwide sales include sales at all restaurants, whether operated by the Company or by franchisees. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company’s financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base.

Upcoming Communications

The Company plans to release February 2013 sales on March 8, 2013.

McDonald’s is the world’s leading global foodservice retailer with more than 34,000 locations serving more than 69 million customers in 119 countries each day. More than 80% of McDonald’s restaurants worldwide are owned and operated by independent local men and women.

Forward-Looking Statements

This release contains certain forward-looking statements, which reflect management’s expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties. The factors that could cause actual results to differ materially from our expectations are detailed in the Company’s filings with the Securities and Exchange Commission, such as its annual and quarterly reports and current reports on Form 8-K.

SOURCE:

McDonald’s Corporation

http://www.mcdonalds.com

 

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The Zacks Analyst Blog Highlights: IBM, General Motors, Ford Motor, Nissan Motor and Toyota Motor

CHICAGO, Jan. 23, 2013, Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include IBM (NYSE: IBM), General Motors Company (NYSE: GM), Ford Motor Co. (NYSE: F), Nissan Motor Co. (OTC:NSANY) and Toyota Motor Corp. (NYSE: TM).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Tuesday’s Analyst Blog:

IBM Finally Beats On the Top

IBM (NYSE: IBM) finally broke a multi-quarter slump in the top line with fourth-quarter revenue of $29.3 billion, which surpassed the Zacks Consensus Estimate of $29.18 billion. Non-GAAP earnings per share of $5.39 improved 14% from last year and beat the Zacks Consensus Estimate by about 2.7%.

For a while now, IBM’s revenue and EPS have been going in different directions, with the former slumping slightly while the latter was able to eke out gains. The top line weakness was attributed to slowing IT spending, which had a big impact on the entire tech sector given IBM’s status as a bellwether.

Today’s quarterly performance by no means signals a rollicking industry for the fourth quarter, but it does suggest some improvement. It could also be a big benefit to earnings season in general, which didn’t inspire much confidence to begin with and hasn’t been that encouraging so far.

Revenue was still down 1% year over year, though was flat when adjusting for currency. It was up 1% excluding divested RSS business adjusting for currency. Meanwhile, IBM’s earnings surprise may be small, but it gets the company back into the green after only matching in the third quarter. Before then, the company had a very impressive record of consecutive EPS surprises.

For the full year, non-GAAP earnings per share of $15.25 was up 13% and ahead of the Zacks Consensus Estimate at $15.09. Revenue was down 2% at $104.5 billion.

For 2013, IBM expects non-GAAP earnings per share of at least $16.70, compared to our estimate of $16.58.

At the moment, IBM is stuck at a Zacks Rank #4 (Sell). Out of 22 total estimates, there have been no upward revisions in the past 60 days, but there have been 5 to the downside. We’ll have to wait and see if today’s quarterly report will be enough to lift the Zacks Rank.

We have always believed that IBM had a good long-term picture, due to its key growth initiatives, strong product pipeline, expansion in emerging markets and continuous acquisitions. The short-term, though, was a question mark. Perhaps this quarter will get it moving in the right direction again.

IBM is certainly moving in the right direction after hours, with shares up approximately 3% at this writing.

GM to Invest $1.5B in North American Plants

General Motors Company (NYSE: GM) revealed that it will pump in $1.5 billion in its North American facilities in 2013 as part of its $8 billion annual investment plan for its global operations for new vehicle development.

GM has invested $10.2 billion in its North American facilities since 2009. In May 2011, the company had also initiated an investment plan of $2 billion, targeting 17 assembly and components plants in 8 states for 18 months in the U.S. The program, intended to create or preserve more than 4,000 hourly and salaried jobs at the plants, has been completed.

Recently, GM also mentioned that it would be able to save thousands of dollars in costs per car in the production of next generation Volt by adopting a more efficient design. The new design will help the company use smaller vehicle components and save weight. However, the company did not reveal the launch date of the plug-in hybrid car.

Recently, at an industry conference in Detroit, GM stated that it expects modest growth in global auto sales in 2013 as improvements in China and the U.S. will be offset by sluggish car sales in Europe. The automaker predicted a 5% rise in industry sales in the U.S. and international market each and European market to shrink 4% in the year.

The company foresees pricing pressures to exist, particularly in China and Europe. However, it expects that moderate market share gain across the world, driven by new vehicle launches will boost its profit margins. GM plans to upgrade 70% of its global lineups by the end of this year.

In North America, GM aims to boost market share and increase vehicle pricing. The company expects to enhance profit margins in the region to 10% in the next three or four years from 8% currently. Meanwhile, the company has targeted break-even results in Europe by 2015. In China, GM intends to improve margins by continuing investing in Cadillac and rolling out its OnStar communications, in-car safety system.

Many automakers started focusing on electric powered vehicles as President Barack Obama ‘s administration set a goal of achieving 1 million battery-powered vehicles on the road by 2015.

In August 2012, Ford Motor Co. (NYSE: F) announced its plan to invest $135 million to develop key components, including advanced battery systems, for its next-generation hybrid-electric vehicles. The automaker is looking forward to doubling its battery-testing capabilities to 160 individual battery-test channels by 2013. It aims to boost development of hybrid-electric vehicles by at least 25%.

Recently, Nissan Motor Co. (OTC:NSANY) announced that it has started the production of all-electric 2013 LEAF at its Smyrna, TN plant. The new LEAF will be produced together with the company’s gasoline-powered products in the plant. The automaker also opened its largest lithium-ion automotive battery plant in Smyrna, which is adjacent to the LEAF assembly facility. The plant will address the company’s goal of making zero-emissions mobility around the world.

Last year, Toyota Motor Corp. (NYSE: TM) had revealed plans to unveil 21 gas-electric hybrid models by 2015, most of them having a similarity with its widely acclaimed Prius. As many as 14 vehicles among these hybrids will be all new.

This apart, Toyota plans to launch a fuel cell vehicle, which runs on hydrogen to produce electricity, by 2015. However, Toyota will launch eQ (iQ EV in the U.S.) in limited numbers due to a conservative view on the global hybrid vehicles market.

GM, a Zacks Rank #3 (Hold) stock, posted a 9.7% fall in earnings to 93 cents per share (excluding special items) in the third quarter of the year from $1.03 in the corresponding quarter a year ago. However, earnings per share in the quarter far exceeded the Zacks Consensus Estimate of 61 cents.

Revenues in the quarter grew 2.5% to $37.6 billion, surpassing the Zacks Consensus Estimate of $36.3 billion. Worldwide sales volume inched up 1.6% to 2.3 million units from 2.2 million units a year ago. However, total market share declined to 11.6% from 12.1% in the third quarter of 2011.

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About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

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Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks . As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it’s your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518.

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SOURCE: Zacks Investment Research, Inc.

 

 

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SP500 Earnings Report Database: Netflix, KeyCorp, Pfizer, General Electric, American International Group, and EMC 

HONG KONG, Jan. 25, 2013, EarningForecast.com has issued consensus earnings forecast reports and equity research for the following companies: Netflix (NASDAQ: NFLX), KeyCorp (NYSE: KEY), Pfizer (NYSE: PFE), General Electric (NYSE: GE), American International Group (NYSE: AIG), and EMC (NYSE: EMC).

(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)

Report Highlights:

Netflix, Inc. (NASDAQ: NFLX): On January 23, Netflix, Inc. (NASDAQ: NFLX) announced fourth-quarter 2012 profit of US$0.13 a share, well above analysts’ estimate of a loss of US$0.12 a share. Revenue for the quarter jumped 10.10% to US$945 million from a year ago, versus the consensus estimate of US$934.12 million. By the end of Thursday’s trading, Netflix shares soared US$43.60 (or 42.22%) to US$146.86 and made a new 52-week high of US$149.17. See NFLX earnings forecast report here.

Read Full Report: http://www.earningforecast.com/PR/012513A/NFLX/Netflix.pdf

KeyCorp (NYSE: KEY): KeyCorp (NYSE: KEY) shares slumped US$0.06 (-0.65%) for the session to US$9.24 on hefty volume of 45.94 million shares, above its average volume of 14.75 million shares. KeyCorp has a market capitalization of US$8.63 billion with price ranged within US$6.80 – US$9.50 over the past 52 weeks. Investors may want to find out where KEY will go from here. Observe comprehensive KeyCorp earnings forecast report here.

Read Full Report: http://www.earningforecast.com/PR/012513A/KEY/KeyCorp.pdf

Pfizer Inc. (NYSE: PFE): Pfizer Inc. (NYSE: PFE) shares began the trading session with a price of US$26.87 and throughout the session made a new 52-week high of US$27.30. At the close of the trading day, the stock finally gained 0.75% to US$26.85. Pfizer shares was traded above average volume with 44.45 million shares traded, 13.86 million shares more than its daily average. Check PFE earnings forecast report below.

Read Full Report: http://www.earningforecast.com/PR/012513A/PFE/Pfizer.pdf

Today EarningForecast.com also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:

General Electric Company (NYSE: GE):

Read Full Report: http://www.earningforecast.com/PR/012513A/GE/GeneralElectric.pdf

American International Group, Inc. (NYSE: AIG):

Read Full Report: http://www.earningforecast.com/PR/012513A/AIG/AmericanInternationalGroup.pdf

EMC Corporation (NYSE: EMC):

Read Full Report: http://www.earningforecast.com/PR/012513A/EMC/EMC.pdf

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SOURCE: EarningForecast.com

 

 

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