Consumer Cyclical Sector Review: Superior Q4 Report, Ford in China
Superior Industries Intl (NYSE:SUP): Reports Q4 revenue $216.8M, consensus $204.95M. The company had an income tax benefit of $28.2M in Q4.
The shares closed at $18.95, up $1.14, or 6.4%, on the day. Its market capitalization is $514.69 million.
Ford Motor Company (NYSE:F): China will control the increase in auto manufacturing capacity, reports Bloombert, citing a work report Chinese Premiere Wen Jiabao delivered at the nation’s legislature. In a separate report today by the National Development and Reform Commission, the government also wants to promote new-energy vehicles to reduce pollution.
The shares closed at $12.46, down $0.26, or 2.04%, on the day. Its market capitalization is $47.36 billion.
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