Report
David Whiston, CFA, CPA, CFE
EUR 147.86 For Business Accounts Only

General Motor's October Sales Keep the Firm's Momentum Going

Industry totals and a seasonally adjusted annualized selling rate for October U.S. auto sales will be delayed due to a fire at Ford’s world headquarters on Oct. 31 that disabled the company’s data collection efforts. Ford will report later this week, but all other automakers reported on Nov. 1 and the year-over-year declines are not as severe as some industry forecasts of an 8% decline. Excluding Ford, the industry declined by only 0.2% year over year with two fewer selling days. With even the w...
Underlying
AK Steel Holding Corporation

AK Steel Holding is a producer of flat-rolled carbon, stainless and electrical steels products primarily for the automotive, infrastructure and manufacturing, and distributors and converters markets through its wholly-owned subsidiary, AK Steel Corporation. The company's other subsidiaries also provide customer solutions with carbon and stainless steel tubing products, solutions, tool design, hot- and cold-stamped steel components and assemblies. The company sells its carbon steel products mainly to customers in North America, and it sells its electrical and stainless steel products primarily in North America and Europe. The company also produces metallurgical coal through its AK Coal Resources, Inc. subsidiary.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
David Whiston, CFA, CPA, CFE

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