Thursday, April 11, 2013

Stocks in the News: F, AA, JCP - Crista Huff - Townhall Finance ...

Welcome to John Ransom?s Stocks In The News, where the headline meets the trendline.???

Stock number one is: ???????

Ford Motor Company, (SYMBOL: F) and the headline says:

Ford Focus Tops Global Car Sales?????

The Ford Focus, manufactured by Ford Motor Company, topped 2012 auto sales as the world looks for smaller passenger cars.? Runners-up were the Toyota Corolla and the Ford F-Series pick-up trucks.? Ford CEO Alan Mulally is the driver behind the company?s effort to compete more effectively around the world.?????????

Earnings per share fell in 2012, and are expected to be down a fraction again in 2013, due to economic woes in Europe, a glut on the car market in South America, and margin pressures in China.??????????

Ford stock has been trading sideways for three years.???

Our Ransom Note trendline says: STAY ON THE SIDELINES.????

F Chart

F data by YCharts

Stock number two is:? ??????

ALCOA Inc., (SYMBOL: AA) and the headline says:??????????

Alcoa Handily Beats First Quarter Earnings Estimates???????

Alcoa Inc., the largest U.S. aluminum producer, beat Wall Street estimates today with their first quarter earnings.? Analysts expected 8 cents per share, and Alcoa delivered 11 cents per share, excluding one-time gains.? The company has shifted its manufacturing focus toward more profitable products and solutions, filling an increased demand from? the aerospace and auto industries.?

Source: http://townhall.com/columnists/cristahuff/2013/04/10/stocks-in-the-news-f-aa-jcp-n1562983

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