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Stock Market & Financial Investment News

News For DDAIF;GM;FIATY;TSLA;F;TM;VLKAY;NSANY;HMC From The Last 14 Days
Check below for free stories on DDAIF;GM;FIATY;TSLA;F;TM;VLKAY;NSANY;HMC the last two weeks.
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July 22, 2014
07:17 EDTFNational Association for Business Economics to hold a seminar
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06:24 EDTDDAIFMercedes aims to outpace China luxury car sales growth, Bloomberg says
Daimler’s Mercedes-Benz foresees outpacing the growth in industry sales of luxury cars in China this year, after merging two rivaling sales networks and adding new models including its new C-class sedan, according to Bloomberg, citing comments from the head of Mercedes-Benz in China Nicholas Speeks. Speeks said the car manufacturer is confident that deliveries will exceed 300K units next year with sales this year reaching close to 250K units. Reference Link
06:20 EDTTSLATesla adds robots to quicken California plant production, Bloomberg says
Tesla stopped production at its California assembly facility as it incorporates 25 robots to quicken production of electric sedans and prepares to manufacture its Model X sport-utility vehicle, according to Bloomberg, citing comments from spokesman Simon Sproule. Sproule said the overhaul is valued at $100M and vehicle assembly is set to resume in two weeks. Reference Link
July 21, 2014
16:00 EDTTSLAOptions Update; July 21, 2014
iPath S&P 500 VIX Short-Term Futures up 65c to 28.53. Option volume leaders: AAPL FB NFLX DG CMCSA GILD PBR TWTR TSLA according to Track Data.
15:40 EDTTSLATesla halts production at California plant for $100M upgrade, Bloomberg says
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11:57 EDTGM, TSLA, NSANYChinese electric vehicle maker Kandi surges after tax break news
Shares of Chinese electric car maker Kandi Technologies (KNDI) are surging after a Chinese newspaper reported that electric cars made outside of China would not qualify for a key tax break in the country. WHAT'S NEW: A key sales tax will not be waived on purchases of electric cars made outside of China, said Su Bo, China's vice-minister of the Industry and Information Technology Ministry, according to China Daily. Buyers of electric vehicles made in China will not have to pay a purchase tax from September 1, 2014 until the end of 2017, China Daily stated. WHAT'S NOTABLE: Tesla Motors (TSLA), Nissan (NSANY) and GM (GM) have all sought to sell electric vehicles in China. PRICE ACTION: In late morning trading, Kandi Technologies' stock rose $1.66, or 8.5%, to $21.28. The shares are well off their high for the day of $22.22, but they have surged 80% so far this year. Tesla shares, which had spent some of the morning in slightly negative ground, were up about 1% near $222 per share just before noon.
09:38 EDTTSLAActive equity options trading on open
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09:10 EDTTSLAOn The Fly: Pre-market Movers
HIGHER: Allergan (AGN), up 0.5% after Q2 results, FY14 outlook beat expectations and the company announces plans to reduce workforce by about 1,500 employees as part of restructuring. Also, Valeant (VRX) announced it has contacted both the SEC and Canadian financial authorities regarding Allergan's "apparent attempt to mislead investors and manipulate the market for Valeant common shares by continuing to make false and misleading statements regarding Valeant's business"... Extreme Networks (EXTR), up 13% after raising Q4 EPS, revenue view... Gas Natural (EGAS), up 6% after confirming it rejected $13 per share unsolicited offer from Algonquin Power... EMC (EMC), up 4.5% after the WSJ says Elliot Management took a stake of over $1B in the firm and plans to push the company to break itself up... GoPro, (GPRO), up 2.8% after initiated at several firms including Citigroup, Barclays and JPMorgan... Kandi Technologies (KNDI), up 6% after China Daily said China will not to waive a sales tax on electric cars made by foreign companies. Tesla (TSLA) is down 1% following the report. UP AFTER EARNINGS: Halliburton (HAL), up 0.5%... LOWER: Reynolds American (RAI), down 2.3% after a Florida jury hit the company with $23.6B in punitive damages in a lawsuit filed by the widow of a longtime smoker. Shares of fellow tobacco companies also fell after the jury decision, as Lorillard (LO) fell 2% and Altria (MO) slid 1.6%... Yum! Brands (YUM), down 2% after AP reported that a Shanghai TV station said a food supplier sold expired beef and chicken to the company's KFC brand in China along with to McDonald's (MCD), which is down 0.7%. DOWN AFTER EARNINGS: PetMed Express (PETS), down 2.4%... Hasbro (HAS), down 1.3%.
06:58 EDTNSANY, TSLAForeign electric cars won't qualify for Chinese tax break, China Daily says
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06:21 EDTGMGeneral Motors eyeing budget cars for Europe, FT reports
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06:12 EDTGMGeneral Motors delays recall in another ignition switch case, ABC News says
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06:07 EDTNSANYNissan to introduce self-parking cars by 2016, Detroit News reports
Nissan is planning to introduce self-parking cars by 2016, the Detroit News reports. The feature, which will be available along with technology enabling cars to self-navigate congested highway, on a wide range of vehicles, CEO Carlos Ghosn says. Reference Link
July 19, 2014
20:10 EDTGMGM issues stop-sale on certain 2014 Cadillac CTS sedans, Bloomberg says
General Motors has issued a stop-sale order dated July 8 to its dealers for 2014 Cadillac CTS sedans that use a standard key ignition, says Bloomberg. Reference Link
July 18, 2014
18:21 EDTTMToyota to launch pricier compact in India, Nikkei reports
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15:23 EDTHMC, TM, NSANYJapan to provide generous subsidies for fuel cell vehicles, Nikkei says
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12:21 EDTGMCable ad upfront volumes may drop 4% or more, WSJ says
Two of the U.S.'s biggest marketers, Procter & Gamble (PG) and General Motors (GM), have pulled back on their TV network advertising commitments in advance of the "upfront" selling season for cable networks, said The Wall Street Journal, citing people familiar with the matter. The overall volume of ad dollars committed to cable networks during the upfront, which is still under way, could be down 4% or more from last year, people familiar with the situation said. Notable owners of cable television stations include 21st Century Fox (FOXA), Time Warner (TWX), Disney (DIS), CBS (CBS), Comcast (CMCSA), Discovery (DISCA), Viacom (VIAB), and AMC Networks (AMCX). The report added that cutbacks partly reflect a shift of tv ad budgets to digital media, including online video. Google (GOOG) has a large presence in online video with YouTube and Facebook (FB) is taking steps to grow in the area. Reference Link
10:16 EDTTSLATesla Motors August weekly volatility elevated into Q2 and guidance
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10:03 EDTDDAIFOn The Fly: Analyst Downgrade Summary
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09:48 EDTTSLAActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL NQ GOOG GOOGL TSLA KGC TWTR AMZN ELNK AMGN FB
04:59 EDTDDAIFDaimler AG downgraded to Neutral from Outperform at Credit Suisse
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