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Stock Market & Financial Investment News

News Breaks
June 26, 2014
06:37 EDTNSANY, F, FIATYChrysler's Ram ProMaster line competes with Ford, Nissan, Bloomberg says
Fiat's (FIATY) Chrysler is broadening its Ram ProMaster line of cargo vans with a smaller model that will take on Ford (F), Nissan (NSANY) and other car manufacturers as the company looks for business drivers to replace older models, according to Bloomberg, citing comments from Chrysler. Reference Link
News For FIATY;F;NSANY From The Last 14 Days
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September 4, 2015
11:13 EDTNSANYNissan to recall nearly 300,000 vehicles due to braking malfunction
Nissan North America is recalling 298,747 certain model year 2012-2015 Nissan Versa sedan vehicles manufactured June 9, 2011, to March 11, 2015, and 2014-2015 Nissan Versa Note vehicles manufactured April 23, 2013, to March 11, 2015, according to the NHTSA. The affected vehicles have a center console trim panel that may catch the driver's shoe and delay the transition from the accelerator pedal to the brake pedal. A delay in the application of the brake pedal would lengthen the distance needed to stop the vehicle and increase the risk of a crash. Reference Link
September 3, 2015
13:03 EDTNSANYDaimler and Renault-Nissan break ground for new JV plant in Mexico
Daimler (DDAIF) and the Renault-Nissan (NSANY) alliance broke ground for their joint-venture manufacturing complex, COMPAS in Aguascalientes in central Mexico, which will build next-generation premium compact vehicles for the brands Mercedes-Benz and Infiniti. The partners will invest a total of $1Bin the joint venture which will oversee the construction and operation of the state-of-the-art manufacturing plant. COMPAS will have an initial annual production capacity of more than 230,000 vehicles and will create about 3,600 direct jobs by 2020. Depending on the market development and customer demand, there will be the potential to add additional capacity. Production of Infiniti vehicles will begin in 2017, while the first Mercedes-Benz vehicles will roll off the line in 2018. In addition to the direct employment it provides, COMPAS is also expected to generate some 12,000 indirect jobs - largely due to a high localization rate which will significantly increase the Mexican supply base.
12:56 EDTFFord Sollers opens $275M engine factory in Russia, Reuters reports
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06:14 EDTNSANYNissan plans GBP100M investment into Sunderland plant, Telegraph reports
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September 2, 2015
12:33 EDTFOptions Update; September 2, 2015
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September 1, 2015
14:55 EDTNSANY, FAutodata says U.S. auto sales rate comes in at 17.8M SAAR, CNBC reports
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10:33 EDTNSANYNissan reports August U.S. sales down 0.8% to 133,351 units
09:19 EDTFFord reports August U.S. sales up 5% to 234,237 vehicles
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09:16 EDTFFord reports August U.S. sales up 5% to 234,237 vehicles
Ford Motor Company said it delivered its best August U.S. sales in nine years on strong demand for new cars, SUVs and trucks. Sales totaled 234,237 vehicles, a 5% increase.
August 31, 2015
17:41 EDTFTencent-backed group to develop Tesla rival, Reuters says
A group of Chinese internet firms and investors including Tencent (TCEHY) and JD.com (JD) founder Richard Liu are backing an effort to create NextEV, an electric vehicle project meant to rival Tesla (TSLA), reports Reuters. The group has hired ex-Ford (F) executive Martin Leach as well as former Volkswagen (VLKAY), BMW (BAMXY), and Tesla employees "to build a global automaker," a spokesperson told the publication. Reference Link
07:07 EDTFFord to host sales conference call
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August 30, 2015
12:33 EDTFDividend-rich blue chips look attractive amid market volatility, Barron's says
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August 26, 2015
16:36 EDTFFord considering return of Bronco, Ranger to U.S., Bloomberg says
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16:26 EDTF, NSANYMajor automakers sued over allegedly 'deadly' keyless technology, Reuters says
A number of automakers have been named in a lawsuit alleging that keyless ignition technology can lead to "deadly" results due to carbon monoxide poisoning from cars left running under the belief that engines will automatically switch off, reports Reuters. Defendants include General Motors (GM), Ford (F), Fiat Chrysler (FCAU), Honda (HMC), Hyundai (HYMLF), Nissan (NSANY), Toyota (TM), Volkswagen (VLKAY), BMW (BAMXY), and Daimler's (DDAIF) Mercedes Benz, said Reuters. According to the plaintiffs, the carmakers had "actual knowledge" of the so-called risks and could have prevented 13 deaths and numerous injuries. Reference Link
13:42 EDTF, NSANYTrueCar says 'on plan' to hit 17.2M U.S. vehicle forecast for 2015
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13:19 EDTF, NSANYTrueCar says daily auto sales pace up 0.9% for August, with 17.4M SAAR
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09:25 EDTFOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Abercrombie & Fitch (ANF), down 15.1%... Express (EXPR), up 9.8%... Frontline (FRO), up 10.4%... Chico's FAS (CHS), up 9.3%. ALSO HIGHER: Oshkosh (OSK), up 11.9% after being awarded a $6.7B contract by the U.S. Army... EMC Corporation (EMC), up 5.8% after Re/code reported that the board is considering a VMware (VMW) downstream merger proposal... Google (GOOG), up 4.6% after being upgraded to Conviction Buy from Neutral at Goldman... Ford (F), up 2.4% after Bloomberg reported that the company is considering returning production of Bronco and Ranger to the U.S. NOTABLE: Cameron International (CAM), up 45.4% after announcing that it will be acquired by Schlumberger (SLB). Schlumberger is down 1.9%. LOWER: WisdomTree (WETF), down 3.6% after being downgraded to Sell from Buy at Citi... Transocean (RIG), down 3.4% after proposing to cancel Q3 and Q4 dividends.
09:21 EDTFFord considering returning production of Bronco, Ranger to U.S., Bloomberg says
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August 25, 2015
12:08 EDTFOptions with increasing volume: EXC POM MDLZ EWJ WBA MW F KMI
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August 24, 2015
16:00 EDTFOptions Update; August 24, 2015
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