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Stock Market & Financial Investment News

News Breaks
July 5, 2014
11:24 EDTBBRY, VLKAYBlackBerry sells German R&D facility to Volkswagen unit, WSJ says
BlackBerry (BBRY) confirmed it has agreed to sell a research and development facility in Germany to a Volkswagen (VLKAY) unit that makes automobile infotainment systems, says the Wall Street Journal. Reference Link
News For BBRY;VLKAY From The Last 14 Days
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August 21, 2014
07:18 EDTVLKAYChina considering new anti-trust rules for auto sector, China Daily says
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August 20, 2014
11:50 EDTBBRYStocks with call strike movement; PBR BBRY
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August 18, 2014
10:52 EDTBBRYBlackBerry announces new technology unit
BlackBerry announced that it has named Sandeep Chennakeshu to lead a new business unit to be called BlackBerry Technology Solutions, or BTS. The BTS business unit comprises BlackBerry's technology assets, including QNX, Project Ion, Certicom and Paratek as well as BlackBerry's patent portfolio. Blackberry CEO John Chen said, "Combining all these assets into a single business unit led by Sandeep will create operational synergies and new revenue streams, furthering our turnaround strategy."
07:37 EDTVLKAYReport says Russia may bar car imports if new sanctions enacted, Reuters says
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August 15, 2014
13:25 EDTVLKAYU.S. appeals court upholds dismissal of Porsche short squeeze suit, Reuters says
Porsche (POAHY) has convinced a U.S. federal appeals court to uphold the dismissal of a lawsuit that alleged the luxury car manufacturer of fraudulently controlling the market in Volkswagen (VLKAY) shares after they quietly amassed a large position in Volkswagen and created a "massive short squeeze" in October 2008, Reuters reported. The U.S. appeals court said Porsche could not be held responsible under U.S. securities fraud laws because the alleged wrongful conduct, which was brought on by more than 30 hedge funds who held short positions in shares of Volkswagen at the time, took place outside of the U.S., Reuters added. Reference Link
August 13, 2014
13:31 EDTVLKAYAudi up against penalty for monopolistic demeanor in China, Reuters says
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August 9, 2014
15:53 EDTVLKAYVW recalls 151k Tiguans on stalling possibility, WSJ says
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