Beacon Equity Research announces the release of Stock Alerts covering market movers: Jack in the Box (Nasdaq: JACK), General Motors (NYSE: GM), Pfizer Inc. (NYSE: PFE), Ford Motor Co. (NYSE: F), Valero Energy Corp. (NYSE: VLO) and Pacific Ethanol Inc. (Nasdaq: PEIX).
The stock alert features the most recent headlines, share price and technical analysis for each covered company. The full alert, as well as other articles, market research and more can be found at BeaconEquity.com
In the Stock Alert, the author highlights Jack In the Box laying off 200 workers to cut cost:
“Jack In the Box Inc. (JACK) shares dropped 3.63% to $22.82 this morning. Jack In The Box engages in the ownership, operation and franchising of quick-service restaurants and fast-casual restaurants in the United States. … The San-Diego based hamburger chain is reportedly laying off 200 employees after contracting with J.B. Hunt to handle transportation from its distribution centers nationwide. A company spokesman said the cost-cutting move will mostly affect truck drivers. … According to the spokesman the company was of the understanding that J.B. Hunt would offer employment to its eligible drivers. J.B. Hunt is one of the country's largest trucking firms.”
The Stock Alert author also featured General Motors falling to its lowest close since 1932:
“General Motors (NYSE: GM) shares plummeted 12.17% to $1.01 in today’s early trading. The auto giant recently fell to its lowest close since April 27, 1932 after closing at $1.15 Tuesday. Also, six GM executives reportedly dumped shares, selling almost $315,000 in stock and liquidating their remaining direct holdings in the automaker. … Following a significant decline, the White House reported that President Barack Obama and his autos task force are working to ensure the continued survival of General Motors. … In a news release, White House spokesman Robert Gibbs said he would ‘resist the temptation to comment on individuals' personal stockholdings, except to say that the president and auto task force want to ensure the continuation of General Motors that puts it on a path that doesn't require continued government subsidies.’”
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Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
