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News For DDAIF;VLKAY;F;HMC;NSANY;TSLA;GM;FIATY;TM From The Last 14 Days
Check below for free stories on DDAIF;VLKAY;F;HMC;NSANY;TSLA;GM;FIATY;TM the last two weeks.
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September 13, 2014
17:19 EDTFLear strike in Indiana may impact Ford plant in Chicago, WSJ says
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September 12, 2014
16:20 EDTTMOn The Fly: Closing Wrap
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16:00 EDTTSLAOptions Update; September 12, 2014
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14:16 EDTTMToyota news doesn't affect Mobileye near-term growth potential, says Wells Fargo
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14:01 EDTTMMobileye sinks after report says Toyota likely to use competitor
Shares of Mobileye (MBLY) are falling after the Nikkei newspaper reported today that Toshiba (TOSBF) is going to make many system chips for automatic driver-assist systems, or ADAS. Toyota (TM) will likely incorporate the chips into vehicles it will release in fiscal year 2015, the newspaper added. Mobileye designs software and chips for camera-based advanced ADAS. WHAT'S NEW: Toshiba plans to begin mass producing the ADAS chips - which will analyze images to help cars respond correctly to traffic lights and avoid dangers on the road - in 2015, Nikkei reported. The chips will be placed in safety systems by another company, Denso, before they are shipped to Toyota, Nikkei noted. WHAT'S NOTABLE: On September 9, Citigroup raised its price target on Mobileye to $62 from $48, as the firm was more confident about the company's chances of landing Toyota as a client after attending the first day of the ITS World Congress. Although Toyota is one of the few large auto makers not utilizing Mobileye's technology, the Japanese giant does recognize Mobileye's distinct technological advantages and expects to obtain ADAS components from more suppliers over the medium term, according to the firm, which kept a Buy rating on Mobileye. However, Deutsche Bank expressed some caution on the stock earlier this week when it downgraded the shares on valuation concerns. But the firm said that it continued to be upbeat about the company's long-term prospects. PRICE ACTION: In mid-afternoon trading, Mobileye slumped $2, or 4%, to $52. The shares debuted on August 12 at about $32.
13:11 EDTTMToshiba to supply chips for Toyota driver-assistance systems, Nikkei says
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11:52 EDTTSLANevada Governor signs $1.3B tax incentive package for Tesla, Reuters reports
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11:50 EDTVLKAYPorsche SE takes 10% stake in INRIX for $55M
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10:30 EDTFFord recalls Escapes, Focus Sts due to engine wiring defect
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09:41 EDTFFord recalls 74,000 hybrids to fix stalling problem, AP reports
Ford is recalling 74,000 older-model gas-electric hybrid SUVs in the U.S. and Canada to fix a staling problem that causes electronics to overheat, reports the Associated Press. The recall covers Ford Escapes from 2005 through 2008 and Mercury Mariners from 2006-2008. Reference Link
09:37 EDTTSLAActive equity options trading on open
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06:34 EDTFIATYFiat head stays with FY14 outlook, Reuters says
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06:22 EDTGMGeneral Motors issues 'stop delivery' order for new Corvettes, WSJ reports
A "stop delivery" order on 2015 Chevrolet Corvettes has been ordered by General Motors, the Wall Street Journal reports. According to a spokesman, the automaker wants to fix two potential problems -- a parking brake issue and an air bag problem -- with the car before they leave the Bowling Green, KY plant or dealer lots. Reference Link
September 11, 2014
16:00 EDTTSLAOptions Update; September 11, 2014
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15:41 EDTTSLATesla September volatility low as shares trade near record high
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15:14 EDTTSLA, TMToyota says no new or pending projects with Tesla, WSJ reports
After a question about Tesla Motors' (TSLA) soon-to-end deal to supply batteries and drive systems to Toyota (TM) for an electric RAV4 was posed to Tesla CEO Musk, the executive said earlier this week that his company may reach a new partnership with the Japanese company in the next two or three years, but Toyota’s chief U.S. spokeswoman has now told The Wall Street Journal that its RAV4 EV project with Tesla has been "mutually beneficial" but that the companies "currently have no new, or pending projects under discussion.” Reference Link
13:35 EDTFFord's Lincoln to launch Navigator marketing push, Automotive News says
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13:30 EDTTMToyota to recall 130,000 Tundra pickups due to air bag problem
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09:37 EDTTSLAActive equity options trading on open
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07:05 EDTFIATYFiat head says not looking to include Ferrari in group, Reuters says
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