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Stock Market & Financial Investment News

News Breaks
June 19, 2014
13:47 EDTCNHI, FIATYFiat-Chrysler to sell treasury shares, CNH Industrial stock, FT reports
Fiat-Chrysler (FIATY), which hopes to have its New York IPO in October, plans to sell its treasury holding of around 3.5%, according to Financial Times, citing Fiat CEO Sergio Marchionne. Fiat also plans to sell its 2.5% stake in CNH Industrial (CNHI) to U.S. investors and the sale of both would raise around $820M for Fiat at current prices, the report noted. Reference Link
News For FIATY;CNHI From The Last 14 Days
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December 15, 2014
13:16 EDTFIATYUAW head looking for wage hikes in new contract, Automotive News says
Veteran auto workers should get a wage increase in a new contract, while the compensation of newly hired employees should move closer to that of longer serving workers, UAW President Dennis Williams said today, according to Automotive News. Williams said he is not considering launching a strike when the auto workers' contact ends in September, the website added. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).Reference Link
07:07 EDTCNHICNH Industrial, Evogene announce ongoing collaboration
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06:55 EDTFIATYTakata tightening restrictions on suppliers, Reuters reports
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