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Stock Market & Financial Investment News

News Breaks
April 4, 2014
07:55 EDTTM, GM, VLKAY, FFord outpacing rivals in China on strength of SUVs, WSJ says
Thanks in large part to a rising demand in China for sport-utility vehicles, Ford's (F) China deliveries jumped past Toyota (TM) in 2013 and the U.S. automaker also gained on General Motors (GM) and Volkswagen (VLKAY), who it has similarly trailed in China for years, reported The Wall Street Journal. Reference Link
News For F;GM;TM;VLKAY From The Last 14 Days
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May 15, 2015
16:28 EDTGMAppaloosa Management gives quarterly update on stakes
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May 14, 2015
11:43 EDTGMU.S. appeals court dismisses UAW retiree benefit suit, Reuters reports
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10:27 EDTFDTE Energy partners with Domino's Farms and Ford to build solar arrays
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09:03 EDTGMGeneral Motors to invest $1B in Warren Technical Center campus
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08:54 EDTFFord says 'poised for breakthrough' year in 2015
Comment made during Ford's annual shareholder meeting.
May 13, 2015
14:11 EDTTMToyota-Mazda partnership to focus on engineering over capital, Nikkei says
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08:11 EDTTM, GMGeneral Motors and Toyota implement Microchip's infotainment networking devices
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06:09 EDTTMToyota and Nissan recall 6.56M vehicles over Takata air bags, WSJ reports
Toyota (TM) and Nissan (NSANY) issued recalls for 6.56M vehicles worldwide over problems with Takata air bags, reports the Wall Street Journal. The companies cited new findings about the risk of moisture seeping inside the devices. The recalls come in addition to 25M vehicles already recalled due to the Takata air bags. Reference Link
May 12, 2015
19:31 EDTGMGM recalls 522,000 Malibu, Colorado, Canyon models, Auto News says
General Motors is recalling roughly 53,000 2015 Chevrolet Colorado and GMC Canyon pickup trucks due to faulty seat frame hooks, as well as 469,000 2011-2012 Chevrolet Malibus with weak seat belt cables, reports Automotive News, citing an emailed statement from the company. GM said it is aware of 36 claims and one minor injury related to the Malibu seat belt defect, though no accidents or fatalities have been reported. Reference Link
17:10 EDTGMGeneral Motors halts Brazilian factory over shipping troubles, Reuters says
GM has halted production at a factory in southern Brazil after transportation firms Tegma and Transzero stopped shipping cars from the plant, reports Reuters, citing company statements. Reference Link
May 11, 2015
19:48 EDTVLKAYVolkswagen to break up MAN business, Reuters says
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10:44 EDTGMGM ignition fund approves claims for 100 deaths, Detroit News says
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May 10, 2015
15:28 EDTFFord Venezuela to only sell vehicles in U.S. dollars, Reuters says
Ford's Venezuelan unit will sell vehicles exclusively in dollars beginning late June, Reuters reported Friday, citing two sources familiar with the situation. The country's currency control system has created difficulties converting vehicle sales to dollar revenue, noted Reuters. Reference Link
May 8, 2015
14:13 EDTTMToyota, Mazda in late stage talks on eco-friendly technology pact, Nikkei says
Toyota (TM) and Mazda (MZDAF) are in late stage talks on eco-friendly technology partnership, Nikkei reports. Reference Link
09:03 EDTVLKAY, GM, F, TMBofA/Merrill auto analysts hold an analyst/industry conference call
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05:34 EDTTMToyota reports FY15 consolidated vehicle sales 10.17M
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05:34 EDTTMToyota sees FY16 total vehicle retail sales 10.15M
05:33 EDTTMToyota sees FY16 net income 2.25T, operating income 2.8T
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05:32 EDTTMToyota reports FY15 Japan operating income 1.57T yen
Reports FY15 North American operating income 537.9B yen. Reports FY15 Europe operating income 81.1B yen. Reports FY15 Asia operating income 421.7B yen. Reports FY15 Central & South America, Oceania, Africa and The Middle East operating income 111.5B yen. Reports FY15 Financial Services operating income 321.9B yen.
05:28 EDTTMToyota reports FY15 net income 687.66 yen vs. 574.92 yen
Reports FY15 revenue 27.34T yen vs. 25.69T yen last year. Reports FY15 operating income 2.75T yen vs. 2.29T yen last year. Reports FY15 operating margin of 10.1% vs. 8.9% last year.
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