Alphabet Inc.’s Waymo is expanding its partnership with Fiat Chrysler Automobiles NV by adding tens of thousands of minivans to its fleet of self-driving cars and the two said autonomous vehicles could eventually be sold to the public.
The addition of 62,000 Chrysler Pacifica plug-in hybrid minivans builds on a commitment announced in January to buy an unspecified number of the vehicles, which are kitted out with sensors that can see hundreds of yards in any direction. Waymo already had about 600 Pacificas in use in several cities, where they’re being tested with non-paying passengers.
The announcement moves Waymo another step out in front in the race to launch a fleet of autonomous automobiles for a public ride-hailing service, planned to debut in Phoenix later this year. Earlier on Thursday, a rival added financial heft: Japan’s SoftBank Vision Fund agreed to invest $2.25 billion in General Motors Co.’s autonomous-vehicle unit.
Best Bank Stocks To Watch For 2019: First Commonwealth Financial Corporation(FCF)
Advisors' Opinion:- [By Ethan Ryder]
Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Barclays PLC increased its holdings in First Commonwealth Financial (NYSE:FCF) by 24.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,717 shares of the bank’s stock after buying an additional 6,593 shares during the period. Barclays PLC’s holdings in First Commonwealth Financial were worth $476,000 as of its most recent SEC filing.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
First Commonwealth Financial (NYSE:FCF) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a report released on Monday.
Best Bank Stocks To Watch For 2019: HSBC Holdings PLC (HSBA)
Advisors' Opinion:- [By Max Byerly]
HSBC Holdings plc (LON:HSBA) has received an average recommendation of “Hold” from the sixteen analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 768.33 ($9.80).
- [By Joseph Griffin]
HSBC (LON:HSBA) had its target price lowered by equities research analysts at Shore Capital from GBX 721 ($9.60) to GBX 625 ($8.32) in a report issued on Tuesday. The brokerage presently has a “sell” rating on the financial services provider’s stock. Shore Capital’s price objective indicates a potential downside of 14.71% from the company’s previous close.
- [By Max Byerly]
Credit Suisse Group set a GBX 720 ($9.32) price target on HSBC (LON:HSBA) in a research report sent to investors on Tuesday morning. The firm currently has a neutral rating on the financial services provider’s stock.
Best Bank Stocks To Watch For 2019: Canadian Imperial Bank of Commerce(CM)
Advisors' Opinion:- [By Stephan Byrd]
Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) declared a quarterly dividend on Wednesday, May 23rd, Zacks reports. Stockholders of record on Thursday, June 28th will be paid a dividend of 1.036 per share by the bank on Friday, July 27th. This represents a $4.14 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Wednesday, June 27th.
- [By Max Byerly]
Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its position in Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) by 54.3% in the first quarter, HoldingsChannel reports. The firm owned 911,300 shares of the bank’s stock after buying an additional 320,800 shares during the quarter. Canadian Imperial Bank of Commerce comprises approximately 1.0% of Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s investment portfolio, making the stock its 19th largest position. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in Canadian Imperial Bank of Commerce were worth $103,633,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Motley Fool Staff]
Canadian Imperial Bank of Commerce (NYSE:CM)Q2 2018 Earnings Conference CallMay 23, 2018, 8:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Lisa Levin] Companies Reporting Before The Bell Target Corporation (NYSE: TGT) is estimated to report quarterly earnings at $1.38 per share on revenue of $16.50 billion. Ralph Lauren Corporation (NYSE: RL) is expected to report quarterly earnings at $0.83 per share on revenue of $1.48 billion. Lowe's Companies, Inc. (NYSE: LOW) is projected to report quarterly earnings at $1.25 per share on revenue of $17.63 billion. Tiffany & Co. (NYSE: TIF) is estimated to report quarterly earnings at $0.83 per share on revenue of $957.49 million. Canadian Imperial Bank of Commerce (NYSE: CM) is expected to report quarterly earnings at $2.23 per share on revenue of $3.40 billion. Citi Trends, Inc. (NASDAQ: CTRN) is projected to report quarterly earnings at $0.9 per share on revenue of $210.70 million. Qiwi plc (NASDAQ: QIWI) is expected to report quarterly earnings at $0.25 per share on revenue of $60.19 million. iClick Interactive Asia Group Limited (NASDAQ: ICLK) is projected to report quarterly loss at $0.06 per share on revenue of $34.87 million.
Best Bank Stocks To Watch For 2019: Ampco-Pittsburgh Corporation(AP)
Advisors' Opinion:- [By ]
Washington (AP) -- While railing against California for its so-called sanctuary immigration policies, President Donald Trump referred to some people who cross the border illegally as "animals" — drawing a sharp rebuke from Democratic leaders for the harsh rhetoric.
- [By ]
This undated photo provided by General Motors shows the 2019 Silverado, which features a large cargo bed in the full-size truck class. (Courtesy of General Motors via AP) (Photo: AP)
- [By ]
Tehran, Iran (AP) -- An Iranian commercial plane crashed on Sunday in a foggy, mountainous region of southern Iran, killing all 66 people on board, state media reported.
- [By ]
St. Louis (AP) -- The 100th edition of the PGA Championship began Thursday for the last time in the stifling heat of summer.
Club pro Michael Block hit the opening tee shot down the middle at Bellerive Country Club. The course is playing long and soft because of rain on Tuesday and temperatures in the 90s that require PGA officials to keep water on the greens.
- [By ]
This undated photo provided by Honda shows the 2019 Honda Insight, which returns to the U.S. after a five-year absence. It now more closely resembles Honda's Civic and Accord models. (Courtesy of American Honda Motor Co. via AP) (Photo: AP)
Best Bank Stocks To Watch For 2019: Wells Fargo & Company(WFC)
Advisors' Opinion:- [By Jordan Wathen, Matthew Frankel, and Sean Williams]
Below, three Motley Fool investors explain why they believe Bank of America (NYSE:BAC), Deutsche Bank (NYSE:DB), and Wells Fargo (NYSE:WFC) are the best bank stocks to buy in July.
- [By Jordan Wathen]
The Federal Reserve isn't pleased with Wells Fargo's (NYSE:WFC) scandals, but it isn't opposed to the bank paying out billions of dollars to its shareholders.
- [By ]
The most noteworthy takeaways from Berkshire's weekend:
Buffett remains bullish on Wells Fargo (WFC) and CEO Tim Sloan despite its spate of scandals. A CEO for Berkshire's healthcare initiatives with JPMorgan & Chase (JPM) and Amazon (AMZN) is expected to be announced in a few months. Both Buffett and Munger continue to think valuations on potential targets remain too high. Keep an Eye on PayPalPayPal (PYPL) is due for a good session on Monday after CEO Dan Schulman gave a bullish 45 minute interview with Jim Cramer at TheStreet's Investor Boot Camp conference on Saturday. Schulman easily downplayed the threat of Amazon in mobile payments.
- [By Matthew Frankel]
It's been an eventful week in the financial markets. Wells Fargo's (NYSE:WFC) scandals are in the headlines (again), the two largest investment banks reported excellent earnings, and there's another data breach consumers should know about.
- [By Motley Fool Staff]
Three of the big four U.S. banks report third-quarter earnings today: JPMorgan Chase (NYSE:JPM), Citigroup, and Wells Fargo (NYSE:WFC). In this week's "One to Watch" segment, Industry Focus: Financials host Jason Moser and Fool.com contributor Matt Frankel, CFP, discuss what they're looking for when the earnings reports hit the wire later this week.
- [By Motley Fool Transcription]
Wells Fargo & Company (NYSE:WFC)Q3 2018 Earnings Conference CallOctober 12, 2018, 10:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
No comments:
Post a Comment