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Stock Market & Financial Investment News

News Breaks
March 11, 2014
10:08 EDTDLPHDelphi Automotive says remains confident in 2014 guidance
Delphi Automotive its 2014 outlook for global vehicle production to increase about 3% remains intact. The company continues to see its 2014 revenue growth to be in excess of the market and sees delivering double-digit EPS growth in 2014. Delphi adds that its restructuring initiatives remain on track. Delphi states its areas of focus for M&A include electrical architecture, electronics and safety, and powertrain. Information from slides for Delphi Automotive 2014 investor update.
News For DLPH From The Last 14 Days
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July 29, 2015
15:08 EDTDLPHNotable companies reporting before tomorrow's open
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July 21, 2015
11:05 EDTDLPHAfter Jeep hacked, analyst predicts cybersecurity boosts for Harman, Delphi
After Jeep hacked, analyst predicts cybersecurity boosts for Harman, Delphi The shares of Harman (HAR) and Delphi Automotive (DLPH) are rising after Wells Fargo predicted that the companies would benefit from the increasing need to protect cars from cybersecurity attacks after Wired reported on hackers discovering methods that can be used to take control of vehicles. BACKGROUND: Two computer hacking researchers showed that they could seize control of a Jeep Cherokee, made by Fiat Chrysler (FCAU), using a technique called a zero-day exploit, Wired reported today. Using the same technique, the hackers can control "any of thousands of vehicles," the website reported. In the past, they have demonstrated how they were able to take control of a Ford (F) Escape and Toyota (TM) Prius, according to Wired. The hackers' technique involves taking control of vehicles' entertainment systems and sending commands to the vehicles' dashboard functions, steering, brakes, and transmission through their those systems, the website stated. ANALYST REACTION: In a note to investors today, Wells Fargo analyst David Lim responded to Wired's article by saying that cybersecurity has become a significant concern for automakers. Automotive technology suppliers such as Harman (HAR) and Delphi (DLPH) should benefit from auto makers' efforts to protect their vehicles from cyberattacks, Kwas believes. He reiterated Outperform ratings on Harman and Delphi. PRICE ACTION: In morning trading, Harman climbed about 2% to $108 and Delphi rose fractionally to $78.15. This version of the story replaces an earlier one to correct the lead analyst to David Lim.
09:41 EDTDLPHHarman, Delphi to benefit from car security concerns, says Wells Fargo
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July 16, 2015
13:52 EDTDLPHGM slips after Barclays downgrades auto sector on China downturnbw
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10:00 EDTDLPHOn The Fly: Analyst Downgrade Summary
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07:33 EDTDLPHDelphi downgraded to Equal Weight from Overweight at Barclays
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