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Stock Market & Financial Investment News

News Breaks
June 24, 2014
06:08 EDTF, FIATY, TM, NSANY, HMCSeven autoamkers to repair air bag problems in vehicles, Detroit News says
Seven major automakers said they will repair vehicles linked to faulty air bags that could explode and cause serious injuries, reports the Detroint News. The automakers -- which include Ford (F), Chrysler (FIATY), Toyota (TM), Nissan (NSANY), Honda (HMC), BMW, and Mazda -- come after the NHTSA held a conference call on June 13 that pressed them to recall vehicles connected to air bag inflators built by Takata. Reference Link
News For F;FIATY;TM;NSANY;HMC From The Last 14 Days
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August 15, 2014
18:25 EDTFFord announces recall of Focus, Escape due to wiring issue, Reuters says
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13:06 EDTTMGulf States Toyota recalls certain model year Tundras
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06:45 EDTFIATYFiat Chrysler development goal challenged by merger holdup, Reuters says
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06:28 EDTFFord issues recall due to potentially faulty halfshaft
Ford is recalling certain model year 2012-2014 Ford Edge and Lincoln MKX vehicles manufactured September 2, 2010, to November 30, 2013; 2013-2014 Ford Taurus and Lincoln MKS vehicles manufactured August 25, 2011, to November 30, 2013; and 2013-2014 Ford Flex and Lincoln MKT vehicles manufactured September 12, 2011, to November 30, 2013. In the affected vehicles, the halfshaft retention circlip may not have been properly installed, and as a result, the halfshaft may move outward and disengage from the linkshaft while driving and without prior warning. If the halfshaft and linkshaft become disengaged while driving, power will no longer be transmitted to the wheels, increasing the risk of a vehicle crash. Additionally, if the parking brake is not applied before exiting the vehicle, the vehicle may roll away despite the transmission being placed in "park'," increasing the risk of injury to exiting occupants and bystanders. Ford will notify owners, and dealers will inspect the vehicles to make sure that the halfshaft is properly retained. If it is not, dealers will replace the linkshaft and also replace the halfshaft if it shows evidence of spline damage, free of charge. The recall is expected to begin by August 29. Reference Link
August 14, 2014
10:05 EDTFOn The Fly: Analyst Initiation Summary
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August 13, 2014
16:16 EDTFFord initiated with a Neutral at Credit Suisse
Target $18.15.
08:16 EDTFFord upgraded at Stifel
As previously reported, Stifel upgraded Ford to Buy from Hold. Thea analyst upgraded shares based on better than expected year-to-date trends, commentary that indicate the F-150 launch is on track, higher than expected Q2 North American margins, and a portfolio refresh cycle. Price target is $22.
07:24 EDTTMToyota DOJ compliance to be overseen by former U.S. attorney, Detroit News says
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06:59 EDTFFord upgraded to Buy from Hold at Stifel
August 12, 2014
09:19 EDTFGeneral Motors shares washed out, says Sterne Agee
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August 11, 2014
15:23 EDTTMJPMorgan to hold a conference
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07:14 EDTTM, NSANY, HMCToyota, Honda to cut prices in China following probe, Reuters says
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August 8, 2014
11:13 EDTFFord China reports July sales up 25% to 90,775 vehicles sold
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06:35 EDTTM, NSANY, HMCNissan nears Honda U.S. sales due to designs, costs, Reuters says
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August 7, 2014
06:49 EDTFIATYMarchionne says no talks, but open to Canada investment proposal, Reuters says
Fiat (FIATY) Chrysler Group CEO Sergio Marchionne noted that the firm had not restarted discussions with Canadian officials regarding investments to help back an upgrade for the company's minivan facility in Windsor, but the car manufacturer would be open to hearing any offered pitch, according to Reuters, citing comments from Marchionne. Reference Link
06:49 EDTTM, NSANY, HMCFitch: Major Japanese car makers gained market share in China, Xinhua says
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06:43 EDTFIATYFiat CEO accuses 'overreaction' for sell-off shadowing deal, Reuters says
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06:33 EDTFIATYAnti-trust investigations in China reignite protectionism worries, Reuters says
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06:22 EDTTMToyota recalls 2014 Siennas due to defected transmission shift control cable
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06:12 EDTFFord reports Class A and C motorhome sales up 12% and 14% year-to-date
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