Who's having the best week on the Street? |
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08 Jan 2010 |
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Driving production One auto maker exceeding expectations in more ways than one this year is Hyundai. Thanks to a weak Korean won and a revitalized product line, Hyundai is ramping up volumes in major markets around the world. Along with sister company Kia, of which it owns 39%, Hyundai is in firm control of Korea, with 80% of sales this year. In the U.S., generous incentives for retail customers and fleet purchases have pushed sales up a strong 7% in a market that's down 24%. November was a spectacular month: Hyundai brand sales jumped 46% from the previous year, and Kia rose 18%. In China, where auto sales have skyrocketed this year thanks to government stimulus, Hyundai leaped 150% in September, leaving the company in second place, behind Volkswagen, among international automakers. Tech leaders Apple doesn’t seem worried. The company announced Tuesday that its App Store has surpassed 3 billion downloads from iPhone and iPod touch users. That’s why they’re having the best week on the Street. "Three billion applications downloaded in less than 18 months -- this is like nothing we've ever seen before. The revolutionary App Store offers iPhone and iPod touch users an experience unlike anything else available on other mobile devices, and we see no signs of the competition catching up anytime soon." - Steve Jobs, Apple's chief executive Do it yourself To analyze any of the companies highlighted in this story, open FactSet and click on the Company tab. From there, dive into Estimates, Financials, Prices, Debt, Ownership and more. Click to enlarge and expandClick in the Identifier Lookup box and start typing the name of the company you want to track. FactSet's type-ahead technology will pre-load companies that match what you type so you can quickly find the information you want, even if you aren't sure of the correct ticker.
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