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Stock Market & Financial Investment News

News Breaks
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
News For F;VLKAY;TTM;RIO;AA From The Last 14 Days
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October 13, 2014
10:23 EDTFFord to hire 850 workers for Dearborn Rouge factories, WSJ says
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09:39 EDTAAActive equity options trading on open
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07:02 EDTFFord and Carfax expand partnership
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06:44 EDTF, VLKAYRegulators seeking banks' auto loan data, Reuters reports
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October 12, 2014
17:50 EDTRIORio Tinto shares could climb 20%, Barron's says
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17:21 EDTVLKAYTesla ahead of other car makers on semiautonomous driving system, WSJ says
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October 10, 2014
17:14 EDTAAMarket ends week lower amid global growth worries
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11:51 EDTAAUpdate: Alcoa upgraded to Strong Buy from Buy at Tigress Financial
Tigress Financial upgraded Alcoa to Strong Buy from Buy and added it to the Focus List. The analyst believes Alcoa's transition to a higher value-added business will drive increasing profits and shareholder returns. Tigress would be aggressive buyers of shares.
07:17 EDTFCitigroup and the Society of Automotive Analysts to co-host a summit
Automotive Investor Summit is being held in Southfield, Michigan on October 10.
07:09 EDTVLKAYVolkswagen reports 881,300 vehicles sold in September
Volkswagen reports 881,300 vehicles sold in September, which is a 3% increase from the same period last year. Group brands delivered a total of 2.90M vehicles to customers on the overall European market from January to September, of which 1.51M were handed over in Western Europe, excluding Germany. 909,200 customers took possession of a new vehicle on the home market of Germany. Europe's largest automaker delivered 481,100 vehicles in Central and Eastern Europe. 196,700 models were handed over to customers in Russia during the same period. The Group continued to record very encouraging figures in the Asia-Pacific region, where 2.99M vehicles were handed over to customers in the period to September, of which 2.72M units were delivered in China. The Volkswagen Passenger Cars brand delivered 4.56M vehicles to customers worldwide from January to September. Audi (AUDVF) delivered 1.30M vehicles worldwide in the period to September. The sports car manufacturer Porsche (POAHY) delivered a total of 135,600 vehicles in the first three quarters. SKODA delivered a total of 774,100 vehicles worldwide from January to September. SEAT delivered 294,000 vehicles worldwide in the period to September. Volkswagen Commercial Vehicles delivered 325,100 vehicles to customers from January to September.
06:56 EDTVLKAYVolkswagen aims to strengthen partnership with FAW, Bloomberg says
Volkswagen is looking to strengthen its research-and-development project partnership with China FAW Car Corp., its joint venture collaborator, according to Bloomberg, citing five people familiar with the matter. The sources said that the scope of work between the two companies will include hybrid and electric vehicle development. Reference Link
06:44 EDTFFord reports China unit sold 95,875 vehicles in September, Reuters says
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October 9, 2014
09:38 EDTAAActive equity options trading on open
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09:20 EDTAAOn The Fly: Pre-market Movers
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08:45 EDTAAAlcoa shares should be bought, says Sterne Agee
After Alcoa reported stronger than expected results, Sterne Agee believes that the results were strong, as the leverage it is achieving from right sizing its cost structure is exceeding expectations. The firm thinks the company is executing well and keeps an $18 price target on the name.
08:17 EDTAAAlcoa results highlight success of transformation strategy, says Bernstein
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08:02 EDTFPandora announces new auto partnership with Ford Australia
Pandora (P) Internet Radio has officially announced its partnership with Ford (F) Australia. The launch, effective across a range of nameplates including Fiesta ST and Focus ST and Ford Kuga line up, will continue to roll out across other Ford nameplates including the Fiesta, Focus, Ranger and Transit range by early 2015. Pandora locally also partners with Holden and Mazda, and will soon be released on new model Nissans (NSANY).
07:35 EDTAAAlcoa restructuring continues as productivity improves, says UBS
UBS said special items tied to restructuring masked strong performance across the board for Alcoa. The firm sees an ongoing transformation with global demand continuing to grow and believes the company is well positioned to increase its revenues in various markets. UBS reiterates its Neutral rating but raises its price target on Alcoa to $17.75 from $16.50.
07:35 EDTAAFutures mixed following yesterday’s big advance
U.S. equity futures are trading near fair value after the market had its best single session of the year yesterday. The market reversed its losing ways following the release of the FOMC minutes which suggested the Fed may use incoming data, rather than a set timetable, as a basis for determining when to raise rates. Last night, earnings season kicked off , as Alcoa's (AA) results beat Wall Street estimates, providing hope for a positive earnings season.
07:24 EDTRIORio Tinto executive stands behind iron ore expansion, SMH reports
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