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Toyota's new AA- rating is still higher than its auto industry peers.
The Japanese car-maker is trading down 1.4% at $90.92 per share.
Standard & Poor's cut its rating of Toyota Motor Corp (NYSE:TM) from AA to AA- Friday, "Because the company's profitability is still weak, its pace of recovery is slower than those of Japanese peers, and its profitability migh
The company sees Q1 revenues of $280 to $290 million, vs. consensus estimates of $231.65 million. It sees 2011 revenues of $1.4 billion to $1.5 billion, vs. consensus estimates of $978.9 million.
JinkoSolar Holding (NYSE:JKS) reported Q4 EPS of $2.36, ahead of consensus estimates of $1.56 per share. Revenues for the quarter rose 148.3% year-over-year to $267.7 million, topping consensus estimates of $228.3 million.
Ford (F) will give its salaried workers bonuses this year, but they will not get raises, the Detroit News reports. Mark Fields, Ford President of the Americas, says the bonuses reflect the carmaker's strong 2010 performance, but w
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Shares of Zimmer (NYSE:ZMH) traded today at $81.72, breaking its 52-week high. This ne ...
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Shares of Yingli Green Energy (NYSE:YGE) traded at a new 52-week high today of $4.83. ...
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Shares of Crosstex Energy (NASDAQ:XTEX) traded today at $21.15, breaking its 52-week hi ...
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Shares of Washington Real Estate Investment Trust (NYSE:WRE) traded at a new 52-week hi ...
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Weatherford International (NYSE:WFT) traded today at a new 52-week high of $14.46. Thi ...
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Waste Connections (NYSE:WCN) traded today at a new 52-week high of $40.70. So far toda ...
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Shares of USANA Health Sciences (NYSE:USNA) traded at a new 52-week high today of $68.9 ...
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Umpqua Holdings (NASDAQ:UMPQ) traded today at a new 52-week high of $13.91. Approximat ...
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
