On Wednesday, Shares of General Motors Company (NYSE:GM), lost -5.08% to $31.19, after the company issued recalls on several of its models.
GM is recalling 196,000 Hummer SUVs worldwide because of a problem with the motor on ventilation fans, which have been stated to overheat and, in the worst case, spark a fire. The company has stated three minor burns because of the problem. The vehicles’ heating and air conditioning blower motor speed can overheat if operated for a longer period of time.
The second recall is for about 51,000 subcompact cars in North America. GM needs to fix more than 50,000 Chevrolet Spark and Sonic cars, due to an issue that disables some warning functions. The problem affects 2014 and 2015 models that are equipped with the base radio and GM’s OnStar safety system.
The issue involves the affected cars’ radio software, which can get stuck in navigation mode. When the radio locks up, it also disables some warning functions, counting ones for keys left in the ignition or the driver seat belt not being fastened.
Wall Street analysts have a consensus short term price of 42.63 on the equity. On a trailing twelve month basis, the company’s earnings per share stands at 2.15. The consensus analyst estimates according to Thomson Reuters First Call for the next quarter is 1.21. The current year EPS estimate on the stock is 4.45 and the EPS estimate for next year sits at 5.11.
General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. It operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments.
Shares of Whiting Petroleum Corp. (NYSE:WLL), declined -5.82% to $29.93, during its last trading session.
Whiting Petroleum Corporation, will release its second quarter 2015 financial and operating results on Wednesday, July 29, 2015 after the market closes. A conference call with investors, analysts and other interested parties is planned for 11:00 a.m. EDT (10:00 a.m. CDT, 9:00 a.m. MDT) on Thursday, July 30, 2015 to talk about Whiting’s second quarter 2015 financial and operating results.
Whiting Petroleum Corporation, an independent oil and gas company, acquires, explores, develops, and produces crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States.
Finally, Becton, Dickinson and Company (NYSE:BDX), ended its last trade with -1.47% loss, and closed at $141.14.
Becton, Dickinson and Company, declared that it will conduct a live webcast of its third fiscal quarter 2015 earnings conference call on Thursday, August 6, 2015, at 8:00 a.m. (ET). BD will issue a press release detailing the quarter’s earnings earlier that morning.
The webcast of the conference call, together with related slides, will be accessible through BD’s website at www.bd.com/investors and will be accessible for replay through Thursday, August 13, 2015.
Becton, Dickinson and Company, a medical technology company, develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products worldwide. The company’s BD Medical segment produces medical devices, such as needles, syringes, and intravenous catheters for medication delivery; prefilled IV flush syringes; syringes and pen needles for use in the treatment of diabetes; prefillable drug delivery systems; anesthesia needles and trays; sharps disposal containers; and closed-system transfer devices.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
