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Reimagining the auto industry's future: It's now or never: Disruptions in the auto industry will result in billions lost, with recovery years away. Yet companies that reimagine their operations will perform best in the next normal. Patricia
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What Life Was Like On The Set Of ’50s Films
he Golden Age of Hollywood is one that will never be forgotten, with the likes of legendary actors James Dean, Elizabeth Taylor, John Wayne, and Grace Kelly – to name a few.


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Yahoo BusinessOct 28, 2020
Ford Posts Strong Third-Quarter Earnings, Sees 2020 Profit
(Bloomberg) -- Ford Motor Co., riding a wave of momentum from new models and new management, handily beat expectations with third-quarter earnings that outran the economic effects of the coronavirus pandemic.Fueled by strong sales of pricey pickups, Ford posted adjusted earnings per share of 65 cents, well above the 19 cents analyst consensus forecast. Big profits in North America offset weakness overseas, allowing the company to revise its full-year forecast. It now expects to stay in the black this year, a reversal from an earlier outlook for its first annual loss in a decade.Ford's stock rose as much as 7.8% in postmarket trading after closing Wednesday at $7.70. The shares are down about 17% this year.The long-suffering automaker is enjoying a surge in sentiment since industry veteran Jim Farley became chief executive officer Oct. 1, replacing retiring Jim Hackett, to whom Wall Street never warmed. Intense and demanding, Farley is expected to jumpstart a turnaround that has been sputtering for years. The latest quarterly results help position the company to put the worst behind it.Ford said adjusted earnings before interest and taxes came to $3.6 billion in the quarter compared with $1.8 billion a year ago. Revenue in the quarter was $37.5 billion, above the $33.98 billion analysts anticipated.Unresolved IssuesFarley said the bullish performance belies underlying woes that need to be resolved before the carmaker can achieve its goal of sustainable profit margins above 10% in its core North American market."

CNBC BusinessOct 28, 2020
Jim Cramer reveals five 'Covid-proof bull markets' to find stock opportunities
"If you want to be psychologically prepared for days like today, you've got to have that shopping list because the market throws a sale just when you … least expect it," the "Mad Money" host said.

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MarketWatch MarketPulseOct 28, 2020
: Sturm Ruger stock rises as unrest drives sales
Sturm, Ruger & Co. RGR shares rose in the extended session Wednesday after the gun maker reported a surge in sales due to police defunding protests, civil unrest, and the ongoing COVID-19 pandemic. Sturm shares rose 3.7% after hours, following a 0.4% rise in the regular session to close at $65.48. The company reported third-quarter net income of $24.6 million, or $1.39 a share, compared with $4.8 million, or 27 cents a share, in the year-ago period. Revenue rose to $145.7 million from $95 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 98 cents a share on revenue of $132 million. "Consumer demand showed no signs of letting up during the quarter as concerns about personal protection and home defense were stoked by civil unrest in some cities around the United States, the call, by some, for the reduction in funding and authority of law enforcement organizations, and the continuing COVID-19 pandemic," said Sturm Chief Executive Officer Christopher Killoy in a statement. "As a result of this unprecedented demand, inventories remained significantly reduced at all levels in the channel during the third quarter." Sturm shares are up 39% for the year, compared with a 1.3% rise in the S&P 500 index SPX.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseOct 28, 2020
MediaAlpha stock gets off to a good start on a bad day for the stock market
Shares of MediaAlpha Inc. got off to a good start Wednesday on a bad day for the overall stock market, as the Los Angeles-based insurance broker went public 21.1% above the $19 initial public offering price. The stock's first trade was at $23.00 at 12:01 p.m. Eastern for 1.2 million shares. The IPO priced late Thursday right in the middle of the expected range of between $18 and $20 a share, as the company raised $118.9 million and a selling shareholder sold $56.8 million worth of shares. The stock has inched slightly lower since it opened, to trade 20.8% above the IPO price. MediaAlpha went public on a day that the Renaissance IPO ETF dropped 3.2% and the Dow Jones Industrial Average shed 663 points, or 2.4%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseOct 28, 2020
Coronavirus tally: Global cases of COVID-19 44 million, 1.17 million deaths and U.S. counts record 500,000 new cases in a week
The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed to 44 million on Wednesday, according to data aggregated by Johns Hopkins University, while the death toll rose to 1.17 million. The U.S. has the highest case total at 8.8 million and deaths at 226,723. The U.S. has counted a record 500,000 new cases in the past week, the New York Times reported, even as the administration of President Donald Trump announced in a news release that it was "ENDING THE COVID-19 PANDEMIC," in upper case. Brazil has the second highest death toll at 157,946 and is third by cases at 5.4 million. India is second in cases with 7.9 million, and third in deaths at 120,010 Mexico has the fourth highest death toll at 89,814 and ninth highest case tally at 901,268. The U.K has 45,455 deaths, the highest in Europe and fifth highest in the world, and 920,664 cases.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseOct 28, 2020
ServiceNow shares are up nearly 5% after revenue tops estimates
ServiceNow Inc. shares were up nearly 5% in after-hours trading Wednesday after the collaborative-software company reported fiscal third-quarter revenue that edged Wall Street estimates. ServiceNow reported net income of $12.9 million, or 7 cents a share, compared with net income of $40.6 million, or 22 cents a share, in the year-ago quarter. Revenue soared 30% to $1.15 billion from $885.8 million a year ago. Analysts surveyed by FactSet had expected net income of $1.03 a share on revenue of $1.1 billion. ServiceNow shares are up nearly 72% this year as it continues to feel the effects of the pandemic. The broader S&P 500 index has inched up 1% in 2020.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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