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Zacks News
Carmakers Looking Beyond Extended Factory Closures
by Ritujay Ghosh
Many U.S. carmakers are now looking at resuming production in May after President Trump last week extended the guidelines aimed at containing the spread of the coronavirus till Apr 30.
Can 3M & Other Large Caps Fulfill Medical Gear Shortage?
by Ritujay Ghosh
A large number of businesses like 3M Company are responding to President Trump's request and ramping up production of masks, ventilators and other protective gear.
Q1 Auto Sales Hit by Coronavirus: ETF & Stocks in Focus
by Sweta Killa
The U.S. auto industry took a hit in the first quarter due to COVID-19 that forced people to stay home for the most of March, denting business of one of the nation's largest industries.
Company News for Apr 6, 2020
by Zacks Equity Research
Companies In The News Are: DIS, UAA, CMI, F.
U.S. Vehicle Sales in Q1 Take Nasty Hit: Is More Pain Ahead?
by Rimmi Singhi
Owing to weak consumer confidence and substantial increase in unemployment, car sales are likely to further decline in the coming months.
Large Caps Switch to Medical Gear as Coronavirus Spreads
by Ritujay Ghosh
Companies like Apple, Inc. (AAPL), General Motors (GM), Ford Motor Company (F) and The Gap, Inc. (GPS) have taken to manufacturing face masks and ventilators keeping in mind the growing demand.
ETFs to Ride High on Tesla's Robust Q1 Delivery Numbers
by Sweta Killa
The solid deliveries data has put the spotlight on ETFs having substantial allocation to the luxury carmaker.
General Motors (GM) U.S. Sales Volume Down 7.1% Y/Y in Q1
by Zacks Equity Research
General Motors (GM) reports total unit sales of 618,335 in Q1, marking a decrease of 7.1%, year on year, amid the coronavirus crisis.
Steel Industry Calls for Infrastructure Boost Amid Coronavirus
by Anindya Barman
U.S. steel industry groups said that significant infrastructure investment will put more Americans back to work and drive commerce and supplies across the nation.
Coronavirus Rampage Continues: 2020 Detroit Auto Show Nixed
by Rimmi Singhi
The Detroit show, officially known as the North American International Auto Show (NAIAS), is now set to be held in June 2021.
Auto Stock Roundup: Coronavirus-Related Updates Spell Shakeout for the Sector
by Zacks Equity Research
Check out the actions taken by various carmakers in the wake of coronavirus crisis.
General Motors, Ventec Life Team Up to Fight Coronavirus Crisis
by Zacks Equity Research
General Motors (GM) will manufacture VOCSN critical-care ventilators at its Indiana manufacturing facility, including the FDA-cleared ventilators scheduled for shipment as early as next month.
The Zacks Analyst Blog Highlights: HP, Stratasys, Ford and Volkswagen
by Zacks Equity Research
The Zacks Analyst Blog Highlights: HP, Stratasys, Ford and Volkswagen
The Zacks Analyst Blog Highlights: General Electric, Ford, 3M, Vir and Biogen
by Zacks Equity Research
The Zacks Analyst Blog Highlights: General Electric, Ford, 3M, Vir and Biogen
3D Printing to The Rescue? 4 Stocks to Beat Coronavirus Woes
by Nilanjan Banerjee
With rising cases of coronavirus-infected people, hospitals are grappling with the shortage of protective gears for their staff.
Diverse Companies Join Forces to Fight Coronavirus Menace
by Payal Jalan
Nervousness related to the coronavirus outbreak is visible across the economies worldwide. Amid the pandemic, many corporates have come together to help contain the outbreak.
Ford (F) in Focus: Stock Moves 8.9% Higher
by Zacks Equity Research
Ford (F) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.
Ford (F) Unites With 3M & GE Healthcare to Combat Coronavirus
by Zacks Equity Research
Ford (F) will leverage its manufacturing and engineering resources to increase the production of medical equipment and materials for healthcare staff, first responders and COVID-19 patients.
US Steel Imports Drop in February, Coronavirus Casts a Shadow
by Anindya Barman
The lethal coronavirus outbreak is slowing down recovery of the U.S. steel industry.
Conglomerates Accelerate Efforts to Fight Coronavirus Menace
by Avisekh Bhattacharjee
Several industrial conglomerates including General Electric (GE), Honeywell (HON), Danaher (DHR) and 3M (MMM) are increasing steps to mitigate the effects of the coronavirus menace.
Join the Wall Street Rally With Industrial ETFs
by Sanghamitra Saha
The industrial sector contributed to the colossal rally at Wall Street on Mar 24 on the hopes of deal wins and a slew of good news from the space.
3M (MMM) Collaborates With Ford to Combat Coronavirus Crisis
by Zacks Equity Research
3M (MMM) partners with Ford to increase the production of powered air purifying respirators in its bid to contribute toward the fight against the coronavirus pandemic.
Automakers Pull 2020 View as Coronavirus-Led Uncertainty Rises
by Rimmi Singhi
Coronavirus-induced uncertainty compels various automakers to scrap full-year 2020 guidance as they brace themselves for a bumpy road ahead.
General Motors (GM) Suspends '20 Outlook on Coronavirus Scare
by Zacks Equity Research
General Motors (GM) intends to drawdown approximately $16 billion from its revolving credit facilities to deal with the downturn caused by shutdowns in production the amid COVID-19 scare.
Ford Suspends Production at IMG Sites on Coronavirus Scare
by Zacks Equity Research
Ford (F) temporarily suspends vehicle and engine production at its manufacturing sites in India, Vietnam, Thailand and South Africa amid coronavirus concerns.