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Stock Market & Financial Investment News

News Breaks
April 11, 2014
06:15 EDTF, GMFord upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded Ford (F) to Buy citing the more competitive truck pricing and its favorable views of prospects in Europe and China. Deutsche raised its price target for Ford shares to $19 from $18.50. The firm also lowered its price target for General Motors (GM) shares to $41 from $49 and keeps a Buy rating on the name.
News For F;GM From The Last 14 Days
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August 28, 2014
06:45 EDTGMGM aims to relocate some Equinox manufacturing to Mexico, Reuters says
GM is aiming to relocate some manufacturing of its Chevrolet Equinox from its Spring Hill, Tennessee plant, to its facility in Ramos Arizpe, Mexico when the crossover car is poised to be revamped in the next two years, according to Reuters, citing an industry source familiar with the automobile firm's plans. Reference Link
August 27, 2014
12:55 EDTGMGM ignition switch fund has received 107 death claims, Reuters reports
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11:48 EDTGMGM invests $233M for new engines; to build Cadillac SRX in Spring Hill
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11:26 EDTGMGM moving Cadillac SRX production to Tennessee plant from Mexico, WSJ says
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August 26, 2014
12:39 EDTGMGM recalls Buick Regals, Chevrolet Malibus due to signal defect
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12:37 EDTGMGM recalls vehicles for potential steering defect
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09:25 EDTFFarm Progress Companies to hold a show
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06:42 EDTF, GMCCI charges automakers $420M for anti-competitive tendencies, Reuters says
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06:05 EDTGMGM's compensation fund receives 100 claims for deaths, Detroit News reports
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August 25, 2014
15:02 EDTFFord announces $129M investment in Louisville assembly plant
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August 24, 2014
17:07 EDTGMGM considers delay in expansion of Russian plant, WSJ says
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August 22, 2014
11:04 EDTGMGM assessing timing of facility development in Russia, Reuters says
GM said that it was assessing the timing of the planned development of its Russian facility close to St Petersburg due to a decline in the automobile market in the country, according to Reuters, citing comments from a company spokesman. The spokesman said, "In view of the current business situation in Russia and the lower sales volumes since the start of the year, we are taking a close look at our plans. Reference Link
06:54 EDTGM, FChrysler 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
06:07 EDTGMProsecutors investigating GM's legal department, WSJ reports
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August 21, 2014
13:52 EDTGMCadillac mulls expanding offices to Manhattan, Reuters says
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11:26 EDTFFord asks dealers to stop selling certain Focus, C-Max cars, Reuters reports
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07:18 EDTF, GMChina considering new anti-trust rules for auto sector, China Daily says
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06:21 EDTGMGM product chief thinks Google might become 'threat,' Bloomberg says
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06:08 EDTGM, FGM 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
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