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Stock Market & Financial Investment News

News Breaks
September 5, 2012
06:14 EDTLMIA, GD, AAMRQ, TM, BRK.A, FLIR, LLL, NOC, INTC, COF, NSM, LMT, BAESY, RTN, LCC, DDAIF, ING, COL, BAOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: A judge said that AMR Corp. (AAMRQ) can reject labor agreements with its pilots union, just 20 days after he forced the American Airlines’ parent to make changes to the proposal. The decision puts new urgency on AMR and the Allied Pilots Association to reach a settlement as the company pursues its standalone restructuring plan and a possible merger with US Airways Group (LCC), the Wall Street Journal reports...Intel (INTC) expects to reduce the energy consumption of its main chip line by 41%, the company's latest move to make mobile computers thinner and operate longer on a battery charge, the Wall Street Journal reports...REUTERS: U.S. defense companies are bracing for additional cuts in Pentagon spending, even if Congress reaches a deal to avert a controversial $500B across-the-board budget cut due to go into effect in January, industry ofiicials say, Reuters reports...Residential Capital, a unit of Ally Financial, is poised to reap billions in a bankruptcy auction of its assets next month. Bidders include Fortress Investment Group's Nationstar Holdings (NSM) and Berkshire Hathaway (BRK.A), Reuters reports...BLOOMBERG: ING Groep (ING) will sell a stake of over 9% in Capital One Financial (COF) that they acquired in the sale of its U.S. online bank this year, Bloomberg reports...Lexus (TM), which lost out as the top-selling luxury auto brand in the U.S. last year, increased sales 34% in August to pass Mercedes-Benz (DDAIF) and BMW for the first time since December 2010, Bloomberg reports.
News For A;ING;COF;TM;DDAIF From The Last 14 Days
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June 19, 2013
13:11 EDTTMToyota's Japanese website breached, no data leaked, Nikkei reports
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June 18, 2013
11:44 EDTINGING Group initiated with a Buy at UBS
Target $12.67.
06:04 EDTDDAIFDaimler AG upgraded to Buy from Hold at Natixis
June 17, 2013
13:27 EDTTMToyota increases Japan sales target, Nikkei reports
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12:11 EDTCOFCapital One downgraded to Hold from Buy at Rafferty Capital
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09:31 EDTCOFCapital One reports May U.S. charge-off rate 4.17% vs. 4.61% last month
Reports May U.S. delinquency rate 2.97% vs. 3.14% last month.
06:07 EDTTMStates push automakers to sell no-emission cars, Bloomberg reports
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June 14, 2013
16:23 EDTINGSantander Mexico subsidiary acquires ING Group's mortgage business in Mexico
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16:05 EDTINGING to sell Mexican mortgage business to Banco Santander
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11:14 EDTINGA.M. Best affirms ratings of ING U.S. and subsidiaries
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June 13, 2013
11:55 EDTDDAIFData shows NAV truck market struggled in May, says Wells Fargo
Wells Fargo says Ward's U.S. retail sales data for May shows that NAV continues to struggle with market share amid the engine technology transition. Class 8 truck market share for May dropped to 12.5% from 15.0% in April, with PACCAR (PCAR) and Volvo (VOLVY) gaining share and Daimler (DDAIF) losing share, Wells noted, citing Ward's data.
05:54 EDTCOFCapital One coverage assumed with an Outperform at Oppenheimer
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June 12, 2013
14:09 EDTTMToyota to introduce fuel cell sedan in U.S. in 2015, Nikkei reports
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12:18 EDTTMToyota says unlikely to regain peak U.S. market share, Automotive News says
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11:24 EDTTMToyota to meet U.S. Prius sales target, Bloomberg reports
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10:46 EDTTMToyota sees meeting U.S. Prius sales target, Bloomberg says
Toyota said its on target to meet its sales goal for its Prius model in the U.S., says Bloomberg. In April Toyota said it may have to adjust its target as declining gas prices weakened demand for the Prius, noted Bloomberg. Reference Link
07:25 EDTINGBNY Mellon expands fund services for ING U.S. Investment Management
BNY Mellon has expanded its relationship with ING U.S. Investment Management to provide fund accounting and administration, custody, and transfer agency services for the Wisconsin Tomorrow's Scholar 529 Plan and the Iowa Advisor 529 Plan.
07:23 EDTTMElectric car makers cut prices to catch Toyota, Globe and Mail reports
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07:09 EDTTMToyota shifts to qualtiy from expansion, Reuters reports
Toyota Motor (TM) said it’s unlikely to recapture its peak market share it held four years ago in the U.S. (GM, F), its biggest market, the latest sign the car maker is shifting to improving quality from aggressively expanding sales, reports Reuters.Reference Link
06:05 EDTTMOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: The tectonic plates of the world economy are shifting, moving the yield on the 10-year Treasury to the highest level in more than a year and shaking financial markets. Now, some constants are being questioned in markets, triggering paroxysms in stocks, bonds, commodities and the currencies of emerging markets, the Wall Street Journal reports...Drugstores (CVS, RAD, WAG) are preparing to change how they stock and sell a widely used emergency contraceptive after the Obama administration agreed to allow the pill to be sold over the counter to customers of all ages. Sold primarily under the brand name Plan B (TEVA, ACT, PRGO), the pill is currently stocked behind pharmacy counters, the Wall Street Journal reports...REUTERS: If currency turbulence in emerging markets becomes a full-scale investor flight, the Fed may have a new headache in deciding when to slow its dollar printing policy. The link between U.S. monetary policy and currency runs on the other side of the world could be tighter than many assume, Reuters reports...Toyota Motor (TM) said it’s unlikely to recapture its peak market share it held four years ago in the U.S. (GM, F), its biggest market, the latest sign the carmaker is shifting to improving quality from aggressively expanding sales, Reuters reports...BLOOMBERG: Exchange executives (NYX, NDAQ), long shielded from legal scrutiny in the U.S., have been put on notice that may be changing after federal regulators fined CBOE Holdings (CBOE) $6M for unprecedented lapses in supervision, Bloomberg reports...Borealis Infrastructure Management and its Kuwaiti-British partners abandoned their $8.3B bid for the U.K. water utility Severn Trent (SVTRY) as the offer deadline expired, Bloomberg reports.
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