Source: courtesy of CadillacThe turnaround at Cadillac took a breather in June. Management obviously hopes that is all, and that the problem will not persist into the second half
Cadillac sales fell 11.8% in Juneto 12,580. Sales of its new flagship Sales of its new flagship CT6 were up only 5.4% to 1,014. Both numbers for June were not characteristic for the year.First-half sales for Cadillac were down 1.6% to 78,073. CT6 sales were high by 172.7% to 5,397.
Cadillac sales have been carried this year by the CT6 and XT5 crossover. XT5 sales rose 21.6% In June to 5,091. Its sales for the first six months were higher by 313.4% to 29,798.
Cadillac lost some ground to the market leaders in June. Audi sales rose 5.3% to 19,406. Mercedes sales rose 1.7% to 32,102. BMW sales rose 0.4% to 28,962.
Cadillac has made a good deal of its success in China. But, it cannot afford to fall further behind in its home market. It was, after all, America’s luxury car leader.
By Douglas A. McIntyre
top 20 stocks to invest in: Estee Lauder Companies, Inc. (The)(EL)
Advisors’ Opinion:
- [By Ben Levisohn]
The 20 stocks meeting those requirements are: Ralph Lauren (RL), Time Warner(TWX), Twenty-First Century Fox(FOXA), PepsiCo(PEP), Estee Lauder(EL), Tesoro(TSO), XL(XL), Ameriprise Financial,(AMP), Unum(UNM), Merck(MRK), AbbVie(ABBV), Gilead Sciences(GILD), General Dynamics(GD), Alaska Air(ALK), United Continental(UAL), Delta Air Lines(DAL), Oracle(ORCL), eBay(EBAY), Apple(AAPL), and Centurylink(CTL).
- [By WWW.THESTREET.COM]
GLP’s customers include Walmart (WMT) , Unilever (UL) , JD.com (JD) , Adidas (ADDYY) , Estee Lauder (EL) and L’Oreal (LRLCY) .
The S$3.38 offer price represents 81% premium over its 12-month volume weighted average price and a 25% premium over its last full trading day before the announcement.
top 20 stocks to invest in: Progressive Corporation (The)(PGR)
Advisors’ Opinion:
- [By Chris Lange]
Progressive Corp. (NYSE: PGR) is set to report its third-quarter results Tuesday morning as well. The analysts consensus estimates are $0.36 in EPS on revenue of $6.99 billion. Shares were changing hands at $48.67 on Fridays close. The consensus price target is $49.07, and the 52-week range is $30.99 to $49.75.
top 20 stocks to invest in: Taranis Resources Inc. (TNREF)
Advisors’ Opinion:
- [By Sara Cornell]
While this can mean excess volatility on the world markets, a silver lining (pun intended) is that mining companies are growing in market favor. Taranis Resources Inc. (OTCBB: TNREF) (TSE: TRO.V), a mining and mineral exploration company based in Colorado and Vancouver, BC, is well positioned for growth in the current volatile markets, largely due to its Thor Deposit, an advanced-stage gold-silver-lead-zinc-copper mineral deposit that has near-surface mineralization that can be extracted with a low cost, open pit mine. Recent discoveries in The Thor Deposit, which is 100% owned by Taranis (OTCBB: TNREF) (TSE: TRO.V), indicate that the area could be prime for development into a significantly bigger mine.
top 20 stocks to invest in: Synacor, Inc.(SYNC)
Advisors’ Opinion:
- [By Monica Gerson]
Synacor Inc (NASDAQ: SYNC) is projected to post a quarterly loss at $0.03 per share on revenue of $30.00 million.
VAALCO Energy, Inc. (NYSE: EGY) is expected to post a quarterly loss at $0.11 per share on revenue of $18.59 million.
- [By Lisa Levin]
Synacor Inc (NASDAQ: SYNC) shares dropped 18 percent to $3.42. Synacor priced 5.715 million shares at $3.50 per share.
Shares of Resources Connection, Inc. (NASDAQ: RECN) were down around 15 percent to $13.65 after the company posted downbeat quarterly results.
top 20 stocks to invest in: Panhandle Royalty Company(PHX)
Advisors’ Opinion:
- [By Lisa Levin]
Energy sector was the top gainer in the US market on Friday. Top gainers in the sector included Superior Energy Services, Inc. (NYSE: SPN), Panhandle Oil and Gas Inc. (NYSE: PHX), and SM Energy Co (NYSE: SM).
- [By Lee Jackson]
These companies also reported insider buying last week: Cidara Therapeutics Inc. (NASDAQ: CDTX), Ducommun Inc. (NYSE: DCO), HealthEquity Inc. (NASDAQ: HQY), Panhandle Oil and Gas Inc. (NYSE: PHX) and PolarityTE Inc. (NASDAQ: COOL).
