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Stock Market & Financial Investment News

News Breaks
May 19, 2014
06:49 EDTBAMXYBMW aims to announce Mexican vehicle facility this summer, Reuters says
BMW hopes to announce in July that it will construct its first vehicle assembly facility in Mexico and has noted two regions where the site could be located, according to Reuters, citing an article from German magazine Automobilwoche, who didn't cite their sources of the data. Reference Link
News For BAMXY From The Last 14 Days
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July 27, 2015
07:49 EDTBAMXYApple said to talk with BMW about electric car project, MacRumors reports
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July 26, 2015
19:22 EDTBAMXYBaidu CEO 'still interested' in Nokia map unit, Re/code says
In a Re/code interview published Friday afternoon, Baidu (BIDU) CEO Robin Li remarked that the company is "still interested" in Nokia's (NOK) HERE mapping unit. When asked about potential partners, Li commented, "I cannot say too much about it because itís not a done deal." Note that earlier media reports have suggested Nokia is or was leaning towards selling HERE to a group of German luxury car makers including Daimler (DDAIF), BMW (BAMXY), and Volkswagen's (VLKAY) Audi (AUDVF). Reference Link
July 21, 2015
06:42 EDTBAMXYNokia close to selling HERE to German auto makers, Bloomberg reports
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July 14, 2015
07:49 EDTBAMXYUber no longer in race to buy Nokia mapping division, NY Times reports
Uber submitted a bid to buy Nokia's "Here" mapping division for as much as $3B, but the ride-hailing service operator is out of the running to acquire the unit as Nokia (NOK) focuses its negotiations on a potential deal with a group of German automakers, including Daimler's (DDAIF) Mercedes-Benz, Volkswagen's (VLKAY) Audi (AUDVF) and BMW (BAMXY), reported The New York Times, citing three people with knowledge of the matter. Reference Link

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