US Hot Stocks: Toyota Motor Corporation (NYSE:TM), Masco Corporation (NYSE:MAS), General Motors Company (NYSE:GM)

0
38
5
5

Toyota Motor Corporation (NYSE:TM) released that its U.S. sales for June rose 4.1%, as strong sales of trucks as well as crossover SUVs helped the Japanese automaker offset weak car sales. Toyota’s U.S. sales in June rose 4.1% to 209,912 units from 201,714 units a year before. June 2015 had one more selling day than 2014. On a daily selling rate basis, sales were down 0.1 percent. Sales at the namesake division in June moved up 3.1 percent from a year ago to 183,791 units and Lexus division sales grew 11.1 percent to 26,121 units. “Light trucks have boosted the industry to its best first half since 2005,” said Bill Fay, Toyota Division group vice president and general manager. “Toyota Division was the number one retail brand in June, led by strong Tacoma, RAV4 and Highlander sales.” Toyota Motor Corporation (NYSE:TM) has the market capitalization of 208.87 Billion. Shares of firm moved down -0.64% to close at $132.75 with the total traded volume of 276810. The firm has current ratio of 1.10 for the most recent quarter.

The maker of branded building products, Masco Corporation (NYSE:MAS) released that it has completed the tax-free spin-off of TopBuild Corp (BLD). The spin-off was attained through the distribution to Masco shareholders of one share of TopBuild common stock for every nine shares of Masco stock detained at the close of business on the record date of June 19. Masco reported that beginning, BLD shares commenced “regular-way” trading on the New York Stock Exchange. TopBuild is comprised of the former Masco Contractor Services business, now called TruTeam, a nationwide installer of insulation, and Service Partners, a nationwide distributor of residential insulation products and related accessories. Masco Corporation (NYSE:MAS) begun last trade with a price of $23.82 and throughout the trading session climbed at a high of $23.87. The day-trade ended with -0.72% to $23.60.

General Motors Company (NYSE:GM) recently declared Chevrolet, Buick, GMC and Cadillac dealers in the United States delivered 259,353 vehicles in June 2015, down 3 percent from last year. Retail deliveries climbed 6.8 percent year over year to 206,814 vehicles, the best June for retail deliveries since 2007 and its best June for retail market share since 2011. The company said the growth drivers for its retail deliveries were stronger Cadillac sales, a 12.1 percent gain at GMC and a 8.5 percent increase at Chevrolet. General Motors Company (NYSE:GM) stock price closed at $33.23 with the total traded volume of 8.64 Million shares. Its price to sales ratio ended at 0.35. Its market capitalization is 53.41 Billion. The stock owned by the Financial Institutions was 72.00% while by insiders was 0.10%.

author avatar
Jason Dinner