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Stock Market & Financial Investment News

News Breaks
March 28, 2013
07:34 EDTDLPH, AXL, TRW, HAR, JCIAuto Stocks near-term upside limited, says Credit Suisse
Credits Suisse believes Auto Stocks are pricing in 2013 consensus estimates and that there is risk of a pull-back. The firm is more cautious on American Axle (AXL) and Johnson Controls (JCI) near-term and more constructive on TRW Automotive (TRW), Delphi Automotive (DLPH), Harman (HAR).
News For AXL;JCI;TRW;DLPH;HAR From The Last 14 Days
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December 19, 2014
15:11 EDTTRWGM considering options if Takata recall expands, Reuters reports
General Motors (GM) is developing back-up plans on the chance that Takata's (TKTDY) air bag recall expands, according to Reuters. General Motors has asked Takata to share air bag specifications with rivals TRW (TRW) and Autoliv (ALV), so that replacements can be readily available, the company told Reuters. Reference Link
10:29 EDTHARHarman's threat from Google more than just smartphones, says Morgan Stanley
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09:24 EDTJCIJohnson Controls Magna could be hurt by Toyota consolidation, says Wells Fargo
Wells Fargo beleives that Johnson Controls (JCI) and Magna (MGA) could be hurt in the intermediate term by Toyota's (TM) decision to merge the seating manufacturing operations of four of its affiliates. Wells thinks Toyota's move should make bidding for seating deals more competitive. It keeps Market Perform ratings on Johnson Controls and Magna.
December 18, 2014
08:02 EDTHARHarman to acquire S1nn GmbH, terms not disclosed
HARMAN International Industries announced that it has signed an agreement to acquire S1nn GmbH & Co. KG, a developer of infotainment systems, connectivity and car audio solutions. This transaction is subject to regulatory and other approvals. Terms of the deal have not been disclosed. The S1nn team will be integrated into HARMAN's Infotainment division, led by Sachin Lawande.
December 16, 2014
11:42 EDTTRWTRW signs pension buyout agreement with MetLife
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December 9, 2014
07:37 EDTDLPHUBS to hold a conference
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