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Stock Market & Financial Investment News

News Breaks
August 23, 2012
13:41 EDTDDAIF, NSANYDaimler may work with Nissan to build compact Mercedes, Automotive News says
Daimler (DDAIF) is considering partnering with Nissan (NSANY) and Renault to build compact Mercedes-Benz passenger cars, according to Automotive News, which cited German business daily Financial Times Deutschland. Reference Link
News For DDAIF;NSANY From The Last 14 Days
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June 18, 2013
06:04 EDTDDAIFDaimler AG upgraded to Buy from Hold at Natixis
June 17, 2013
06:07 EDTNSANYStates push automakers to sell no-emission cars, Bloomberg reports
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June 13, 2013
11:55 EDTDDAIFData shows NAV truck market struggled in May, says Wells Fargo
Wells Fargo says Ward's U.S. retail sales data for May shows that NAV continues to struggle with market share amid the engine technology transition. Class 8 truck market share for May dropped to 12.5% from 15.0% in April, with PACCAR (PCAR) and Volvo (VOLVY) gaining share and Daimler (DDAIF) losing share, Wells noted, citing Ward's data.
June 12, 2013
07:23 EDTNSANYElectric car makers cut prices to catch Toyota, Globe and Mail reports
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June 10, 2013
14:51 EDTNSANYApple introduces iOS for the car, partners include Honda, Nissan, Ford
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12:45 EDTDDAIFDaimler, Evonik consider selling e-car battery venture, WSJ says
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07:10 EDTNSANYElectric Drive Transportation Association to host annual meeting
2013 EDTA Conference & Annual Meeting is being held in Washington, D.C. on June 10-12.
June 9, 2013
17:10 EDTDDAIFDaimler plans to cut IT spending by EUR150M each year, Reuters says
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June 7, 2013
07:10 EDTDDAIFEuropean auto industry worried about China trade duties, Reuters reports
The European auto industry (VLKAY, DDAIF, PEUGY) is concerned China could impose retaliatory trade duties on luxury cars imported from the EU, should the EU Commission not back down over unfair trade practices in China, reports Reuters. Reference Link
06:10 EDTDDAIFOn the Fly: Periodicals Wrap-Up
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June 6, 2013
08:22 EDTDDAIFDaimler, BMW to skip summer production breaks, Bloomberg reports
Daimler (DDAIF) will not take its traditional summer breaks at most of its car factories with models like the revamped Mercedes-Benz E-Class keeping assembly lines busy even as European auto demand falls to a 20-year low, reports Bloomberg. BMW is also either preparing for new models or keeping plants churning out cars to meet demand. This contrasts with factory shutdowns and job cuts at such as PSA Peugeot Citroen (PEUGY) and Ford (F). Reference Link
June 5, 2013
08:31 EDTDDAIFVolkswagen ready to restart its move in trucks, Bloomberg reports
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06:49 EDTNSANYHigh demand for electric cars makes supply limited, LA Times says
An increase in demand for electric vehicles, such as Fiat's (FIATY) 500e, Nissan's (NSANY) Leaf, Honda's (HMC) Fit EV and Chevy's (GM) Spark, is also increasing their scarcity, especially after a drop in their lease prices, reported The Los Angeles Times. Reference Link
June 4, 2013
07:10 EDTNSANYAuto industry sales may be leveling off, WSJ reports
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06:07 EDTNSANYOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Strong demand for pickup trucks and sport-utility vehicles boosted U.S. sales in May for major automakers (F, GM, NSANY, TM), but the auto industry rebound that has helped buoy the U.S. economy since early last year is showing signs of leveling off, the Wall Street Journal reports...In the midst of North America's energy boom (CHK, HESS, RIG, OXY, MUR, APA), several long-serving CEOs and board chairmen have been booted in recent months, pushed out by activist shareholders demanding restraint and oversight. Others appear to be running scared, making shareholder-friendly gestures, including higher dividends and lower executive pay, the Wall Street Journal reports...REUTERS: Japan's government is set to urge the nation's public pension funds- a pool of over $2T -to increase their investment in equities and overseas assets as part of a growth strategy being readied by Prime Minister Shinzo Abe, sources say, Reuters reports...Two companies linked to Chinese state-backed groups- Chinalco Mining Corp. International or Hong Kong-listed MMG group -are weighing rival bids for Glencore Xstrata’s (GLNCY) roughly $5B worth of copper mines in Peru, sources say, Reuters reports...BLOOMBERG: Stocks gained in Europe and Asia after a Federal Reserve official said the bank is committed to record stimulus. The dollar strengthened, commodities fell and Turkish shares rebounded from the biggest drop in a decade, Bloomberg reports...Airline executives (DLAKY, are set to spend more on orders for the latest wide-body planes from Airbus SAS (EADSY) and Boeing (BA) as consolidation and cost cuts give them more reason for optimism for a rebound in earnings this year, Bloomberg reports.

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