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Stock Market & Financial Investment News

News Breaks
January 13, 2012
08:00 EDTGE, BA, NSANY, GBX, FIATY, SPR, COLCompanies step up hiring as economy gains strength, Bloomberg reports
In the U.S., a number of major companies are hiring workers as CEOs expect increased demand as the economy strengthens, reports Bloomberg. Reference Link
News For GE;BA;NSANY;GBX;FIATY;SPR;COL From The Last 14 Days
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July 13, 2014
11:40 EDTGEAmerican selects CFM engine to power A320 in order valued $2.6B
American Airlines (AAL) has selected CFM International’s advanced LEAP-1A engine to power its new fleet of 100 Airbus (EADSY) A320neo family aircraft. CFM values the engine order at $2.6B U.S. at list price. The aircraft order was originally announced in July 2011 and American will begin taking delivery in 2017. American also has orders for LEAP-1B engines to power 100 Boeing 737 MAX aircraft, which are also scheduled to be delivered beginning in 2017. American has been a CFM customer since 1996 and the airline’s fleet includes 375 Airbus A320 Family and Boeing 737 aircraft powered by CFM56 engines. CFM International is a 50/50 joint company between Safran and General Electric (GE).
July 12, 2014
18:08 EDTGEeasyJet said to choose GE-Safran engine for Airbus jets, WSJ says
easyJet (ESYJY) is set to order engines from a partnership of General Electric (GE) and France's Safran to power 100 Airbus Group (EADSY) NV A320neo jets, says the Wall Street Journal. According to the WSJ report United Technologies (UTX) unit Pratt & Whitney was also aggressively competing for the order. Reference Link
16:35 EDTBASikorsky, Boeing selected to develop ‘Digital Backbone’ for Future Vertical Lift
Boeing (BA) and Sikorsky Aircraft, a subsidiary of United Technologies (UTX) have been selected to help develop the Joint Common Architecture, JCA, standard for the U.S. Army’s Joint Multi-Role, JMR, Science and Technology program, an element of the Future Vertical Lift, FVL, initiative. The Technology Investment Agreement was awarded by the U.S. Army Aviation Applied Technology Directorate on June 30.
July 11, 2014
10:35 EDTNSANYCadillac confirms Johan de Nysschen as president
General Motors (GM) announced the appointment of Johan de Nysschen as President – Cadillac. de Nysschen will be responsible for all aspects of Cadillac globally including sales, pricing and network development, strategic brand development and marketing and product portfolio planning, including critical input for product engineering and design. de Nysschen joins the GM executive leadership team as an executive vice president of the company beginning September 1 and reports to GM President Dan Ammann. de Nysschen spent the last two years as head of the Infiniti (NSANY) brand worldwide.
08:24 EDTFIATYChrysler issues recall for 895K SUVs due to fire potential, Detroit News says
Chrysler, a division of Fiat, said that it is issuing a recall for 895K sport-utility-vehicles due to fire worries and will reroute wiring for vanity-mirror lights after government regulators decided to upgrade a probe into the problem, according to the Detroit News, citing comments from the Auburn Hills unit of Fiat Chrysler Automobiles. Reference Link
08:05 EDTGEGE Capital increases credit facility for OraMetrix
GE Capital’s Healthcare Financial Services business announced that it is the sole lender on a $10M senior secured term loan for OraMetrix. This transaction refinances the company’s previous $7.5M multi-draw senior secured term loan facility and provides it with an additional $2.5M. The funds will be used for working capital and growth initiatives.
08:03 EDTGEGE Capital provides MerchSource with $130M credit facility
GE Capital announced it is providing MerchSource with a $130M senior credit facility providing working capital for the company’s operations in the U.S. and Hong Kong.
07:45 EDTGEWith Alstom agreement settled, attention on GE turns to earnings, Reuters says
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06:23 EDTNSANYDe Nysschen resigns as Infiniti Motor president, WSJ reports
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July 10, 2014
11:09 EDTBABoeing reports 150 new orders in weekly update
Boeing announced 150 new orders in an update of its orders through July 8 to account for its previously announced order for 150 777Xs from Emirates Airline. Reference Link
09:56 EDTFIATYFord, Fiat Chrysler inquire about EU changes, FT says
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07:29 EDTGEGeneral Electric volatility elevated into Q2 and revenue outlook
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06:28 EDTBAOptions expected to be active
Options expected to be active: LL PBPB VNO FDO WFC COST ZUMZ UAL BA
05:45 EDTBABoeing forecasts demand for 36,770 new planes valued at $5.2T
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July 9, 2014
09:47 EDTNSANY, FIATYNew car sales in India rose 15% in June, WSJ reports
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07:52 EDTNSANYJapan leading drive for fuel cell vehicles, FT says
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07:06 EDTGEUniversal Stainless & Alloy achieves S-400, S-1000 approvals from GE Aviation
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06:51 EDTBABoeing expands maintenance support to customers in Southeast Asia
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05:24 EDTBABoeing, Emirates finalize order for 777Xs valued at $56B
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05:10 EDTBABoeing, Air New Zealand announce first 787-9 Dreamliner delivery
Boeing announced the first 787-9 Dreamliner delivery with launch customer Air New Zealand. This 787-9, painted in a unique black livery, is the first of 10 Dreamliners to join Air New Zealand's fleet. The airline said the airplane will operate the Auckland–Perth route in October 2014 and to both Tokyo and Shanghai in November 2014.
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