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Stock Market & Financial Investment News

News For AAPL;EADSY;TM;FIATY;GM;TSLA;NSANY;HMC;F;VLKAY;DDAIF;BA From The Last 14 Days
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April 6, 2015
11:41 EDTGMDeath claims linked to GM ignition switches up to 80, WSJ reports
The number of deaths linked to General Motors' faulty ignition switch was raised by three to 80 total people, reports The Wall Street Journal, citing statements by lawyers operating the GM compensation fund. The number of confirmed injury claims rose by seven to 141 people. Reference Link
10:23 EDTAAPLApple Maps searches no longer showing just Yelp, AppleInsider reports
Searches on Apple (AAPL) Maps, which previously relied solely on Yelp (YELP) to provide reviews for local search, are now pulling results from TripAdvisor (TRIP) and Priceline's (PCLN) Booking.com, AppleInsider reported yesterday. Neither TripAdvisor or Booking.com are listed as sources on Apple's official Maps attribution webpage, but reviews with links to their respective webpages and apps are now appearing in Maps queries, the blog added. Shares of Yelp are down 1% to $46.67 in early trading. Reference Link
10:15 EDTTSLATesla breaks higher, levels to watch
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09:51 EDTVLKAYVolkswagen to increase TN plant expansion, Chattanooga Times Free Press says
Volkswagen looks to increase a a planned expansion at its Chattanooga plant by another 130,153 square feet, reports the Chattanooga Times Free Press. According to city documents, the increase would boost the size of the originally planned expansion by about 25% and would cost nearly $18M more. Reference Link
09:36 EDTTSLA, AAPLActive equity options trading on open
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09:22 EDTTSLAOn The Fly: Pre-market Movers
HIGHER: Uniqure (QURE), up 44.2% following strategic collaboration with Bristol-Myers (BMY)... Cytori Therapeutics (CYTX), up 22.4% after Lorem Vascular receives regulatory clearance in China... Curis (CRIS), up 8.5% after FDA grants orphan drug designation to CUDC-907 for the treatment of Diffuse Large B-Cell Lymphoma... Capnia (CAPN), up 5.9% after being awarded a $220,000 NIH grant... Tesla (TSLA), up 3.8% after reporting first quarter deliveries up 55% to 10,030 cars... Ariad (ARIA), up 3.4% following approval of Iclusig in Canada... Lumber Liquidators (LL), up 3.1% after being upgraded to Outperform from Market Perform at Raymond James. LOWER: Magnum Hunter (MHR), down 8.9% after being downgraded to Hold from Buy at Wunderlich... Herbalife (HLF), down following CNBC report that federal law enforcement agencies contacted the company regarding its business practices... Qualcomm (QCOM), down 2.2% following a Wall Street Journal report that the Samsung (SSNLF) Galaxy S6 did not have a Qualcomm LTE modem... Skyworks (SWKS), down 2.1% after being downgraded to Equal Weight from Overweight at Stephens.
09:02 EDTTSLATesla trades up on Q1 deliveries update, levels to watch
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08:41 EDTTSLARW Baird calls Tesla favorite pick after Q1 deliveries beat expectations
Baird said they would be buyers of Tesla and the stock remains their favorite pick following the company's announcement of Q1 deliveries of 10,030 vehicles, which beat both the Street and firm's estimates. The firm also noted the company's reporting change to "within three days" of the end of the quarter, as it erases the month of speculation between quarter end and reporting. Baird reiterated its Outperform rating and $275 price target on Tesla shares.
08:24 EDTTSLATesla Q1 deliveries not impressive, says BofA/Merrill
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07:41 EDTGMBrookings Institute to hold a discussion
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07:29 EDTAAPLApple Watch cannot launch in Switzerland due to patent issue, Reuters says
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06:20 EDTAAPLGarmin downgraded to Sell from Buy at Citigroup
Citigroup analyst Jeremy David downgraded Garmin two notches to Sell from Buy saying competitive pressures are likely to stall the growth of the company's GPS fitness watch business. He also thinks revenue trends in Garmin's Outdoor segment could disappoint as the year progresses. David expects Garmin to miss consensus earnings and revenue expectations in Q1 and views the Apple (AAPL) Watch launch as another potential negative catalyst for shares. He cut his price target for the stock to $42 from $68. Shares of the navigation and information device maker closed Thursday down 58c to $46.49 after Goldman Sachs downgraded the stock Neutral from Buy.
06:11 EDTAAPLSamsung expected to win A9 chip orders for next iPhone, Bloomberg reports
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05:54 EDTTMToyota to open plants in Mexico and China, Financial Times reports
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April 5, 2015
17:26 EDTTSLATesla direct sales blocked in West Virginia, The Verge says
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16:56 EDTAAPLEU considers major probe into Internet platforms, WSJ says
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15:52 EDTFNHTSA to reopen investigation into Ford sedan exterior lighting failures
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14:17 EDTBABoeing reports 184 commercial deliveries in Q1, including 30 787s
09:10 EDTAAPLApple Watch to be sold by appointment only, Barron's says
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08:43 EDTGMAT&T, Philip Morris, eight others have reliable yields up to 5.7%, Barron's says
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