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Stock Market & Financial Investment News

News Breaks
December 11, 2012
07:16 EDTTM, NINOY, PC, CAJ, MU, NSANYJapanese manufacturers help bail out chip company, NY Times reports
Eight Japanese manufacturers - including Canon (CAJ), Nikon (NINOY), Nissan (NSANY), Panasonic (PC) and Toyota (TM) - yesterday agreed to provide $145M to bail out Japanese chip maker Renasas, The New York Times reported yesterday. The Japanese government will contribute the rest of the $1.8B need to keep Renesas afloat, the newspaper added. Reference Link
News For CAJ;NINOY;NSANY;PC;TM;MU From The Last 14 Days
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December 19, 2014
11:54 EDTMUMicron January volatility elevated at 46 into Q1 and outlook
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09:24 EDTTMJohnson 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.
07:57 EDTMUMicron January volatility elevated at 46 into Q1 and outlook
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07:42 EDTMUEPAM, WisdomTree added to Franchise Pick list at Jefferies
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December 18, 2014
18:27 EDTTMToyota to consolidate seat-making operations, Nikkei reports
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08:07 EDTTMToyota to invest $126M to expand Southeast Michigan R&D campuses
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December 15, 2014
13:16 EDTNSANY, TMUAW head looking for wage hikes in new contract, Automotive News says
Veteran auto workers should get a wage increase in a new contract, while the compensation of newly hired employees should move closer to that of longer serving workers, UAW President Dennis Williams said today, according to Automotive News. Williams said he is not considering launching a strike when the auto workers' contact ends in September, the website 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
06:55 EDTTM, NSANYTakata tightening restrictions on suppliers, Reuters reports
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December 12, 2014
06:13 EDTMUMicron in talks to revise supply agreement with Inotera, DigiTimes reports
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December 11, 2014
15:56 EDTNSANYAutomaker lending arms probed by NYDFS, NY Post reports
The New York Department of Financial Services has subpoenaed the financing arms of Ford (F), Honda (HMC), Hyundai, Nissan (NSANY) and Volkswagen (VLKAY), as well as Banco Santander (SAN) and TD Bank (TD), said the New York Post, citing a source familiar with the investigation. Reference Link
06:30 EDTTM, NSANYNissan recalling 1520,000 cars globally using Takata air bags, Reuters reports
Nissan (NSANY) is recalling 152,000 vehicles around the world that use Takata's (TKTDY) passenger site air bags, Reuters reports. The cars are being recalled after an "unusual deployment" of a Takata air bag in Japan, which also led to recalls by Toyota (TM). Reference Link
December 9, 2014
09:47 EDTNSANYNissan recalling 470,000 cars and SUVs due to fuel leak issue, AP reports
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06:25 EDTMUMicron attempt to renegotiate supply agreement with Inotera, DigiTimes says
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December 8, 2014
11:10 EDTTM, NSANYVolkswagen sees challenging developments continuing for rest of year
Volkswagen (VLKAY) said, “The challenging developments on markets worldwide – above all in Eastern Europe and South America – will continue for the remainder of this year. The Volkswagen Passenger Cars brand handled these challenges successfully during the course of the year, but was not entirely immune to their impact.” Other publicly traded companies in the passenger automotive space include Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), and Toyota (TM).
07:36 EDTMUMicron December volatility of 31 at low end of historic range
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