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Stock Market & Financial Investment News

News Breaks
November 20, 2012
05:39 EDTF, GEGE to purchase 2,000 Ford C-Maxx Energi plug-in hybrids
Ford Motor Company (F) announces a collaboration with GE (GE), in which the company will purchase 2,000 Ford C-MAX Energi plug-in hybrids for its fleet - Ford's largest-ever plug-in electrified vehicle fleet sale. Ford will also jointly market GE's alternative fuel infrastructure solutions. The addition of the Ford vehicles brings the number of alternative fuel vehicles in GE's fleet to more than 5,000 in its goal of 25,000 vehicles. C-MAX Energi has a 108 MPGe city EPA rating and a 620-mile single-tank range that will benefit GE's sales and service professionals - many who drive more mileage daily than average commuters. Ford will promote GE's WattStation charging station and CNG in a Box natural gas fueling station with its commercial buyers. Ford will also supply new alternative fuel vehicles for use at GE's Vehicle Innovation Center. Georgia Institute of Technology researchers to study GE employee driving and charging habits through innovative MyFord Mobile app to help optimize all-electric driving.
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August 29, 2014
06:38 EDTFFord, IBM 12-year apartheid case granted dismissal, Reuters says
U.S. District Judge Shira Scheindlin granted Ford (F) and IBM (IBM) dismissal of a 12-year case which accused the companies of backing human rights abuses in South Africa during the apartheid-era, according to Reuters, citing comments from Scheindlin. The judge decided that the lawsuit does not belong in the U.S. court system. Reference Link
06:01 EDTFFord could add third shift at Flat Rock plant next year, Detroit News reports
Ford could add a third shift at its Flat Rock Assembly Plant late next year depending on sales of the 2015 Mustang, the Detroit News reports. Ford expects 60% of Mustang sales to be in North America. The plant currently employs 3,200 workers. Reference Link
August 28, 2014
13:11 EDTFFord begins 2015 Mustang production, car to be exported globally for first time
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12:50 EDTFFord to pull back production in September at Romanian factory, Reuters says
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August 26, 2014
09:25 EDTFFarm Progress Companies to hold a show
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06:42 EDTFCCI charges automakers $420M for anti-competitive tendencies, Reuters says
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August 25, 2014
15:02 EDTFFord announces $129M investment in Louisville assembly plant
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10:01 EDTGEHill-Rom reports settlement in patent infringement lawsuit with GE
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07:34 EDTGEBristow Group appoints Akiri Chief Corporate Development officer
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August 22, 2014
18:16 EDTGEGeneral Electric equipped 787 Dreamliner approved by regulators, WSJ says
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18:05 EDTGEGeneral Electric awarded $123.4M government contract
General Electric Company, Lynn, Massachusetts, has been awarded a maximum $123,409,100 firm-fixed-price contract for compressor parts. This contract is a sole-source acquisition. This is a five-year base contract, with no option periods. Location of performance is Massachusetts, with an Aug. 21, 2019 performance completion date. Using military service is Army. Type of appropriation is fiscal 2014 Army working capital funds. The contracting activity is the Defense Logistics Agency Aviation, Redstone Arsenal, Alabama.
08:01 EDTGEGE CFS, VNG.co to support expansion of CNG fueling infrastructure
GE Capital Fleet Services announced an agreement with VNG.co, a national CNG fueling facility provider, to support the expansion of the CNG refueling infrastructure for light-duty fleet vehicles. Through the agreement with VNG, GE Capital Fleet Servicesí customers will be able to take advantage of the increasing accessibility of CNG fueling stations, minimize overall fuel costs and meet financial and environmental objectives through the use of a lower cost, more stably priced, environmentally friendly and domestically sourced fuel.
06:54 EDTFChrysler to not replace Ram steel body panels until 2020, Reuters says
Fiat's (FIATY) Chrysler is aiming to redesign its full-size Ram 1500 pickup trucks beginning in three years, but the car manufacturer has no definitive goals to follow competitors GM (GM) and Ford (F) in using aluminum body panels instead of steal until a finalized overhaul happens after 2020, according to Reuters, citing industry sources. Reference Link
August 21, 2014
11:26 EDTFFord asks dealers to stop selling certain Focus, C-Max cars, Reuters reports
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07:18 EDTFChina considering new anti-trust rules for auto sector, China Daily says
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06:08 EDTFGM launches new round of discounts for Labor Day weekend, WSJ reports
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August 20, 2014
20:03 EDTFFord planning hybrid to compete with Toyota Prius, Reuters reports
Ford (F) is planning to introduce a new hybrid gasoline-electric car in late 2018 to compete against the Toyota (TM) Prius, according to Reuters, citing two sources with knowledge of the company's plans. It will be the company's first "dedicated" hybrid, unlike the hybrid Fusion, which is a variation of an existing gasoline model. Reference Link
08:11 EDTGEGE Healthcare Life Sciences announces new U.S. headquarters in MA
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August 19, 2014
17:31 EDTGEGE plans to invest $3.5B in aircraft engine unit, Nikkei says
General Electric plans to invest $3.5B in its aircraft engine business over the five years to 2017, as it looks to boost production, says Nikkei. Reference Link
06:22 EDTGEGeneral Electric in talks with Electrolux to sell appliance business, WSJ says
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