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Stock Market & Financial Investment News

News Breaks
May 16, 2014
09:29 EDTGM, DLPHGM accelerates recall parts plan, sees having all needed parts made by October
General Motors (GM) announced it plans to produce enough repair parts by October to have the ability to repair the majority of the vehicles impacted by the ignition switch and ignition cylinder recalls, noting it has parts production running seven days a week on multiple shifts. GM and Delphi (DLPH) are working to get two additional production lines up and running this summer, the company said. Jeff Boyer, vice president of GM Global Safety, said, “Given that the ignition switch was in very limited production for several years, GM’s supplier, Delphi, increased production, pulled machinery out of storage, and found new suppliers for some of the part components. We are buying new machinery and equipment to make parts quickly.”
News For GM;DLPH From The Last 14 Days
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August 19, 2014
09:38 EDTGMGM recalls cars equipped with Calix oil pan, block heater
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08:02 EDTGMBorgWarner supplies solenoid technology for General Motors' GF6
BorgWarner (BWA) supplies its mini direct-acting variable force solenoid for General Motors' (GM) global front-wheel drive 6-speed automatic transmission program, or GF6.
August 18, 2014
13:01 EDTGMFord, Chevrolet launching incentives earlier than usual, Autmotive News says
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07:37 EDTGMReport says Russia may bar car imports if new sanctions enacted, Reuters says
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August 17, 2014
17:23 EDTGMJudge appoints lead counsel in GM ignition switch cases, Reuters says
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August 15, 2014
13:10 EDTGMGM issues recall due to faulty seat hook bracket assembly
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06:29 EDTGMGM recalls certain model year 2014 Chevrolet Impalas
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August 14, 2014
17:27 EDTGM, DLPHAppaloosa gives quarterly update on stakes
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17:16 EDTGMPaulson & Co gives quarterly update on stakes
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16:54 EDTGMBerkshire Hathaway gives quarterly update on stakes
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12:46 EDTGMHayman Capital gives quarterly update on stakes
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11:56 EDTGMGM planning to invest $2.8B in Brazil over 5-year period, Reuters reports
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11:12 EDTGMGM executive says company in 'massive transformation,' WSJ says
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10:05 EDTGM, DLPHOn The Fly: Analyst Initiation Summary
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August 13, 2014
16:16 EDTDLPHDelphi Automotive initiated with an Outperform at Credit Suisse
Target $83.
16:07 EDTGMGeneral Motors initiated with an Underperform at Credit Suisse
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10:02 EDTGMGeneral Motors invests $174M in new Lansing stamping facility
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06:24 EDTGMGM says antitrust regulator approached China division, Reuters says
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06:07 EDTGMOpel CFO expects to be profitable in Europe by mid-decade, Detroit News reports
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06:04 EDTGMGM workers returning to Warren tech center after flooding, Detroit News reports
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