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Stock Market & Financial Investment News

News Breaks
January 25, 2014
15:15 EDTFIATYMarchionne to propose UK fiscal residency, NY listing for new group, WSJ says
Fiat's chief executive Sergio Marchionne is prepared to propose to the board that the new Fiat-Chrysler group have a U.K. fiscal residency and be listed on the New York exchange, says the Wall Street Journal, citing people familiar with the plans. 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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