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Stock Market & Financial Investment News

News Breaks
January 9, 2013
19:38 EDTFIATYChrysler may face IPO as result of UAW dispute, WSJ reports
A dispute between a United Auto Workers retiree trust that holds a 41.5% stake in Chrysler and Fiat (FIATY), the carmaker's majority owner, may force Chrysler into staging an IPO to determine the value of the trust's stake, according to a Wall Street Journal report. Reference Link
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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
06:55 EDTFIATYTakata tightening restrictions on suppliers, Reuters reports
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