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Stock Market & Financial Investment News

News Breaks
September 4, 2012
08:39 EDTFDMLFederal-Mogul starts operating with two business segments
Federal-Mogul announced the company has begun operating with two business segments, each with a chief executive officer reporting to Federal-Mogul's board. Federal-Mogul's powertrain segment focuses on original equipment products for automotive, heavy duty and industrial applications. The vehicle components segment sells and distributes a broad portfolio of products in the global vehicle aftermarket, while also serving original equipment manufacturers with vehicle products including brake friction, chassis, wipers and other vehicle components. The operational segmentation became effective on September 1, and future financial reporting of Federal-Mogul operating results will be based on this new two-segment structure.
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May 17, 2013
11:17 EDTFDMLRuckus Wireless volatility low, shares trend up on upgrade to Buy at Goldman
Ruckus Wireless June call option implied volatility is at 67, August is at 70, November is at 67; compared to its 20-week average of 73 according to Track Data, suggesting decreasing price movement.

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