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Stock Market & Financial Investment News

News Breaks
February 7, 2013
07:11 EDTSAN, FIATYChrysler, Banco Santander in auto loan deal, Reuters reports
Chrysler Group (FIATY) agreed to make Banco Santander's (SAN) U.S. arm its preferred lender for auto loans to broaden the financing it can offer its buyers and dealers, reports Reuters.Reference Link
News For FIATY;SAN From The Last 14 Days
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November 26, 2014
06:53 EDTSANSantander looks to sell part of Nevada solar project, WSJ reports
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November 25, 2014
06:12 EDTSANBanco Santander names Jose Antonio Alvarez as CEO
The Board of Banco Santander announced the appointment of José Antonio Álvarez as CEO replacing Javier Marín. It also announced the appointments of: Bruce Carnegie-Brown, as first Vice Chairman and lead independent director of the Board; Sol Daurella and Carlos Fernández as independent Board directors; Rodrigo Echenique, a current non executive Board Member, as Vice Chairman. The three new independent directors will fill the vacancies left by the death of Emilio Botín and the resignation of Fernando de Asúa and Abel Matutes. José Antonio Álvarez, prior to his appointment as CEO, served 10 years as CFO at Banco Santander. These appointments will take effect from January 1, 2015 and are subject to regulatory approvals.
November 20, 2014
07:57 EDTFIATYIIHS crash tests results for minivans 'one of the worst', CNBC says
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November 19, 2014
06:51 EDTFIATYRegulators push automakers for wider airbag recall, NY Times says
The National Highway Traffic Safety Administration urged automakers to recall all U.S. vehicles with airbags made by Takata, according to The New York Times. The recall of of vehicles with the airbags has been limited to two states and two territories associated with high humidity, the newspaper stated. 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
November 18, 2014
17:37 EDTFIATYNHTSA wants 'millions of vehicles' recalled due to Takata air bags, CNBC reports
The National Highway Traffic Safety Administration, or NHTSA, is calling for a nationwide recall of "millions of vehicles" due to Takata air bags that could inflate with too much force and injure drivers, reports CNBC. The NHTSA stated that the agency will "use the full extent of its statutory powers" if the recall is not conducted quickly, CNBC 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
06:34 EDTSANDraghi sees positive signs in euro zone, NY Times reports
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November 14, 2014
06:16 EDTFIATYEU says Starbucks tax deal in Netherlands may be illegal state aid, WSJ says
The European Union said the tax deal struck by Starbucks (SBUX) in the Netherlands amounts to illegal state aid, reports the Wall Street Journal. European Commission regulators said it reached a preliminary view that the tax deal violated guidelines produced by the Organization for Economic Cooperation and Development. It said the tax deal "tolerates questionable adjustments which allow Starbucks Manufacturing BV to lower the resulting corporate income tax basis in the Netherlands." The EU is also investigating tax arrangements of Apple (AAPL) in Ireland and Amazon (AMZN) and Fiat S.p.A. (FIATY) in Luxembourg. Reference Link

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