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Stock Market & Financial Investment News

News Breaks
January 14, 2014
07:31 EDTFIATYFiat CEO Marchionne outlines his goals fo rmerged companies, WSJ reports
Fiat CEO Sergio Marchionne outlined what he plans to complete by the end of Q1 as Fiat and Chrysler merge, reports the Wall Street Journal. Fiat Chairman John Elkann said that Marchionne committed to stay at the company for at least another three years, longer than originally planned. Topping his list are deciding on the design and production site for a new Chrysler minivan, completing a deal with a Chinese partner to build Jeeps in Asia, and deciding whether to expand output at a Jeep plant in Toledo, OH by increasing production of the Jeep Wrangler. Reference Link
News For FIATY From The Last 14 Days
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July 28, 2014
10:38 EDTFIATYChrysler recalls 643,618 cars due to potential ignition switch defect
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July 25, 2014
08:58 EDTFIATYNHTSA opening new probe into defects in Dodge Chargers, Detroit News reports
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July 24, 2014
11:00 EDTFIATYPeugeot denies Fiat merger discussions report, Bloomberg says
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10:34 EDTFIATYFiat 'categorically denies' report of merger talks with Peugeot, Bloomberg says
Bloomberg cites a Fiat (FIATY) spokesperson responding by phone to the report from Financial Times.
10:32 EDTFIATYFiat, Peugeot held informal merger talks earlier this year, FT says
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10:30 EDTFIATYFiat, Peugeot held informal merger talks earlier this year, FT says
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07:26 EDTFIATYISS recommends Fiat investors vote against Chrysler deal, Reuters says
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July 23, 2014
07:20 EDTFIATYFiat head says VW tie-up never an option, Reuters says
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July 22, 2014
16:26 EDTFIATYChrysler recalling older-model SUVs over ignition switch concerns
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July 17, 2014
07:50 EDTFIATYBiggest Fiat stakeholder denies possible VW acquisition, Bloomberg says
Fiat's (FIATY) largest stakeholder, the Agnelli family, said that there were no talks regarding a merger between the Italian car manufacturer and Volkswagen (VLKAY), according to Bloomberg, citing a spokesman for Exor, the Agnelli family's investment firm. Exor owns 30% of Fiatís shares and was responding to a report by Germanyís Manager Magazin. Reference Link
06:44 EDTFIATYReport says VW in talks to buy Fiat, Reuters says
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06:28 EDTFIATYChrysler pressured to fix Jeep recall faster, Detroit News says
The National Highway Traffic Safety Administration pressured Chrysler to resolve recalls for Jeep Grand Cherokee and Liberty vehicles due to risk of fire. The company stated it will be able to produce enough trailer hitches to complete the 1.56M vehicle recall faster than anticipated, reports the Detroit News. Reference Link

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