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Stock Market & Financial Investment News

News Breaks
July 10, 2014
09:56 EDTFIATY, FFord, Fiat Chrysler inquire about EU changes, FT says
Ford (F) and Fiat (FIATY) Chrysler have separately appealed to the European Union for “genuine” and “drastic” changes in Brussels to help the continent’s businesses, ahead of a week that will see member states vie for the most powerful positions in the next five-year commission, according to the Financial Times, citing comments from Fiat CEO Sergio Marchionne. Reference Link
News For F;FIATY From The Last 14 Days
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November 25, 2014
13:37 EDTFFord to host sales conference call
Conference call to discuss November 2014 sales will be held on December 2 at 9:30 am. Webcast Link
November 23, 2014
12:40 EDTFFord's aluminum-bodied F-150 pickup more gas efficient, WSJ says
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November 21, 2014
08:14 EDTFHonda warned Takata on airbags years before recalls, WSJ reports
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November 20, 2014
14:47 EDTFMobileye sinks despite better than expected revenue, outlook
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07:57 EDTFIATY, FIIHS crash tests results for minivans 'one of the worst', CNBC says
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November 19, 2014
07:35 EDTFBarclays to hold a conference
Global Automotive Conference is being held in New York on November 19-20.
06:51 EDTF, FIATYRegulators push automakers for wider airbag recall, NY Times says
The National Highway Traffic Safety Administration urged automakers to recall all U.S. vehicles with airbags made by Takata, according to The New York Times. The recall of of vehicles with the airbags has been limited to two states and two territories associated with high humidity, the newspaper stated. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
November 18, 2014
17:37 EDTF, FIATYNHTSA wants 'millions of vehicles' recalled due to Takata air bags, CNBC reports
The National Highway Traffic Safety Administration, or NHTSA, is calling for a nationwide recall of "millions of vehicles" due to Takata air bags that could inflate with too much force and injure drivers, reports CNBC. The NHTSA stated that the agency will "use the full extent of its statutory powers" if the recall is not conducted quickly, CNBC added. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
09:55 EDTFFord recalling 65,000 Fusion sedans in North America, Reuters reports
Ford is recalling 65,000 Fusions in North America, or about 56,500 in the U.S., 6,000 in Canada and 2,350 in Mexico, Reuters reports. The automaker is recalling the vehicles due to a programming fault that allows the key to be removed from the ignition even if the car is not in "park" 30 minutes after the ignition is off. No injuries or crashes have been reported as a result of this issue. For the latest breaking news, listen to Fly Radio
November 17, 2014
14:17 EDTFFord wants to make electric vehicles for the masses, Yahoo reports
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09:22 EDTFOn The Fly: Pre-market Movers
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November 16, 2014
17:57 EDTFFord expands Ranger recall on additional Takata air bag defect, Bloomberg says
Ford has increased the scope of its Ranger pickup trucks recall after an incident in Malaysia alerted the car company of a defect in the Takata air bags that was not previously known, says Bloomberg. Reference Link
16:55 EDTFFord could rise 30% in a year, Barron's says
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November 14, 2014
06:16 EDTFIATYEU says Starbucks tax deal in Netherlands may be illegal state aid, WSJ says
The European Union said the tax deal struck by Starbucks (SBUX) in the Netherlands amounts to illegal state aid, reports the Wall Street Journal. European Commission regulators said it reached a preliminary view that the tax deal violated guidelines produced by the Organization for Economic Cooperation and Development. It said the tax deal "tolerates questionable adjustments which allow Starbucks Manufacturing BV to lower the resulting corporate income tax basis in the Netherlands." The EU is also investigating tax arrangements of Apple (AAPL) in Ireland and Amazon (AMZN) and Fiat S.p.A. (FIATY) in Luxembourg. Reference Link
November 13, 2014
11:15 EDTFFord wary of expanding South African investment, Reuters says
Due to repeated disruptions to its operations from strikes, Ford is reticent to expand its investment in Its South African operation, says Reuters. Jeff Nemeth, president of Ford's South African business, said, "A challenge for us here in South Africa is convincing our board to continue to invest in a country where the stability of output is a little less certain than in other countries," added Reuters. Reference Link
November 12, 2014
07:22 EDTFFord offers favorable risk/reward, says UBS
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