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Stock Market & Financial Investment News

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February 6, 2013
07:20 EDTF, VLKAY, TTM, RIO, AAAluminum producers helped by increased auto use, Bloomberg reports
Automakers from Ford (F) to Audi (VLKAY) and Jaguar Land Rover (TTM) are using record amounts of aluminum to replace heavier steel, and that's givign some relief to aluminum producers facing excess supplies and depressed prices, reports Bloomberg.Reference Link
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July 22, 2014
16:00 EDTAAOptions Update; July 22, 2014
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13:29 EDTFFord taps Galhotra to lead Lincoln brand
Ford earlier today announced that Kumar Galhotra – currently the company’s vice president of Engineering, responsible for all Ford and Lincoln vehicles globally – will be vice president and president of the company's Lincoln brand, effective Sept. 1. This new dedicated position, reporting to Ford President and CEO Mark Fields, is designed to accelerate Lincoln even further as a world-class luxury brand, the automaker added. Succeeding Galhotra is Jim Holland, who is named vice president, Vehicle Component and Systems Engineering, effective Sept. 1, Ford added. Holland will report to Raj Nair, group vice president, Global Product Development.
11:03 EDTFFord announces retirement of Chief Technical Officer Mascarenas
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07:17 EDTFNational Association for Business Economics to hold a seminar
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July 17, 2014
16:13 EDTAAHP appoints Whitman Chairman, Alcoa's Kleinfeld joins board
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09:40 EDTAAActive equity options trading on open
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07:50 EDTVLKAYBiggest Fiat stakeholder denies possible VW acquisition, Bloomberg says
Fiat's (FIATY) largest stakeholder, the Agnelli family, said that there were no talks regarding a merger between the Italian car manufacturer and Volkswagen (VLKAY), according to Bloomberg, citing a spokesman for Exor, the Agnelli family's investment firm. Exor owns 30% of Fiat’s shares and was responding to a report by Germany’s Manager Magazin. Reference Link
06:44 EDTVLKAYReport says VW in talks to buy Fiat, Reuters says
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05:17 EDTFFord launches product acceleration in Middle East, Africa
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July 16, 2014
08:00 EDTFFord added to US Key Calls List at UBS
UBS added Ford to its Key Calls List after its recent survey raised its confidence in the success of the F-150 product launch. The survey showed good reception and that buyers were willing to pay a premium above the firm's estimates. UBS said shares are trading well below its long-term OEM average multiple and maintains its Buy rating and $23 price target on Ford.
06:19 EDTFFord, GM, Chrysler not interested in Tesla patents, Detroit News says
Ford (F), General Motors (GM), and Chrysler (FIATY) either have little interest in Tesla's (TSLA) EV patents or the companies are not sharing their plans, reports the Detroit News. Reference Link
05:15 EDTRIORio Tinto raises FY14 thermal coal production outlook to 17.5M tonnes
The company's previous thermal coal production guidance was 16.7M tons. This follows a change in the production profile to produce additional higher margin thermal coal from a processing plant by-product stream at Hail Creek. As a result of this change and lower than expected production during the ramp up at Kestrel, Australian hard coking coal production has decreased to 7.4M tonnes, previously 8.2M tonnes. Semi-soft coking coal production guidance remains unchanged at 3M tonnes.Rio Tinto’s share of uranium production across Rössing and ERA in 2014 is expected to be between 4.3M-5.1M pounds. This follows operational changes at Rössing in response to current market conditions. Progression to full processing capacity at ERA is anticipated in Q3. Reference Link
05:11 EDTRIORio Tinto reports Q2 global iron ore production up 11% to 73.1M tons
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July 15, 2014
20:05 EDTRIORio Tinto iron ore output rose 10% in first half of year, WSJ reports
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17:35 EDTFGoogle confirms Alan Mulally appointment to board
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16:15 EDTFGoogle appoints ex Ford CEO Alan Mulally to board, CNBC says
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10:37 EDTAAOptions with decreasing implied volatility
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09:14 EDTVLKAYVW CEO aiming for $6.8B in savings to boost profitability, Bloomberg says
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07:57 EDTVLKAYVolkswagen says new midsize SUV to be produced in Chattanooga, TN
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06:27 EDTVLKAY, FAutomakers backing U.S.-EU trade deal, NY Times reports
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