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Stock Market & Financial Investment News

News Breaks
January 27, 2014
05:49 EDTVLKAY, BUD, DANOYMarketers advertising their Super Bowl ads, WSJ reports
A 30 second Super Bowl ad now costs about $4M for this Sunday's game, and with over 50 ads competing for attention, marketers are trying a number of ways to promote their ads to help gain the attention of an audience that will reach 100M, reports the Wall Street Journal. Reference Link
News For BUD;VLKAY;DANOY From The Last 14 Days
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November 28, 2014
13:01 EDTDANOYFresenius set to exit bidding for Danone unit, Reuters reports
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November 26, 2014
06:29 EDTDANOYDanone considering sale of Yakult stake, Bloomberg reports
Danone (DANOY) is contemplating the sale of its 20% stake in Japanese dairy-drink producer Yakult Honsha, Bloomberg reports, citing people familiar with the matter. The stake is worth about $2B, Bloomberg adds. Reference Link
November 25, 2014
07:36 EDTVLKAYUBS to hold a field trip
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November 24, 2014
09:02 EDTBUDSABMiller to enter Brazilian market, Telegraph says
SABMiller (SBMRY) agreed to a deal with a local Brazilian brewer and will compete against AB InBev (BUD), reports the Telegraph. Reference Link
November 21, 2014
08:22 EDTVLKAYVolkswagen to invest EUR 85.6B in new models, technologies over five years
The Volkswagen Group will invest a total of EUR 85.6B in new models, innovative technologies and its global presence in its Automotive Division over the coming five years. Around two-thirds of the total investment amount will flow into increasingly efficient vehicles, drives and more environmentally friendly production. This is the result of the Group’s investment planning for 2015 to 2019 discussed by the Supervisory Board of Volkswagen Aktiengesellschaft at its meeting. “We will continue to invest in the future to become the leading automotive group in both ecological and economic terms – with the best and most sustainable products”, said Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, in Wolfsburg. “Development costs will remain high in the future as a result of high innovation pressure and increasing demands on the automotive industry from CO2 legislation. As a Group, we have the expertise and financial strength to continue to extend our technology leadership and to reach our goals for 2018.” Investments in property, plant and equipment, investment property and intangible assets, excluding capitalized development costs in the Automotive Division will amount to EUR 64.3B across the planning horizon as a whole, on a level with the planning approved in the previous year for the period from 2014 to 2018. In addition to spending on capex, the plans also include capitalized development costs of EUR 21.9 billion and proceeds from asset disposals of EUR 0.6B, net of investments in financial assets. The Group will spend most of the total capex in the Automotive Division on modernizing and extending the product range for all its brands.
November 20, 2014
07:57 EDTVLKAYIIHS crash tests results for minivans 'one of the worst', CNBC says
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November 19, 2014
20:12 EDTBUDAB InBev cutting jobs, consolidating sales division in U.S., WSJ reports
Anheuser-Busch InBev confirmed in a statement that it is cutting jobs and consolidating its sales division in the U.S., according to the Wall Street Journal, but declined to specify how many jobs are being cut. Reference Link
14:11 EDTDANOYFresenius, Permira made joint bid for Danone nutrition unit, WSJ reports
Fresenius SE, the German parent company of Fresenius Medical (FMS), and buyout firm Permira made a joint bid for Danone’s (DANOY) medical nutrition business, according to The Wall Street Journal, citing people familiar with the matter. Danone has set early next week as the deadline for others to bid, though one of the people said the joint bid is currently the only one on the table, the report noted. Reference Link
13:47 EDTDANOYFresenius, Permira made joint bid for Danone nutrition unit, DJ reports
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06:51 EDTVLKAYRegulators push automakers for wider airbag recall, NY Times says
The National Highway Traffic Safety Administration urged automakers to recall all U.S. vehicles with airbags made by Takata, according to The New York Times. The recall of of vehicles with the airbags has been limited to two states and two territories associated with high humidity, the newspaper stated. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
November 18, 2014
17:37 EDTVLKAYNHTSA wants 'millions of vehicles' recalled due to Takata air bags, CNBC reports
The National Highway Traffic Safety Administration, or NHTSA, is calling for a nationwide recall of "millions of vehicles" due to Takata air bags that could inflate with too much force and injure drivers, reports CNBC. The NHTSA stated that the agency will "use the full extent of its statutory powers" if the recall is not conducted quickly, CNBC added. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
November 17, 2014
07:21 EDTDANOYDanone mulls IPO for nutrition unit as sale talks disappoint, Reuters says
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November 14, 2014
07:47 EDTBUDAB InBev CEO says willing to deal but only at right price, Bloomberg reports
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