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Stock Market & Financial Investment News

News Breaks
April 21, 2014
07:12 EDTGM, F, IBMU.S. judge allows GM South Africa apartheid lawsuit, Bloomberg says
U.S. District Judge Shira Scheindlin in Manhattan ruled yesterday that GM (GM), Ford (F) and IBM (IBM) may be liable for human rights abuses committed overseas under a law that allows non-citizens claiming violations of international laws to sue in the U.S, according to Bloomberg, citing comments from Scheindlin. The judge rejected the companiesí argument that earlier court presidings interpreting the 1789 Alien Tort Statute protect multinationals from such lawsuits. Reference Link
News For GM;F;IBM From The Last 14 Days
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July 15, 2014
16:50 EDTIBMApple, IBM both higher after announcing enterprise mobile partnership
In after-hours trading, Apple (AAPL) is up 1.5%, while IBM (IBM) is up 2.1%.
16:35 EDTIBMApple, IBM announce announce partnership to 'transform enterprise mobile'
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16:31 EDTIBMApple, IBM announce partnership to 'transform enterprise mobile'
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16:15 EDTFGoogle appoints ex Ford CEO Alan Mulally to board, CNBC says
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11:32 EDTIBMIBM volatility up and into Q2 and outlook
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09:33 EDTIBMIBM volatility up and into Q2
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08:03 EDTIBMCajamar and IBM sign 10-year applications management contract
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07:23 EDTIBMFortune to hold a conference
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06:38 EDTGMGeneral Motors, VocallQ looking to develop voice-control systems, WSJ reports
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06:27 EDTF, GMAutomakers backing U.S.-EU trade deal, NY Times reports
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July 14, 2014
12:40 EDTGMDelphi confirms that it is not focus of investigation, Detroit News reports
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12:36 EDTGMDelphi not target of DOJ's switch investigation, Reuters reports
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08:14 EDTF, GMFord should beat Q2 estimates while General Motors will miss, says UBS
UBS believes Ford (F) will beat Q2 estimates while General Motors (GM) will miss due to recall costs. Were it not for the recall charges, UBS thinks GM would post solid underlying results. UBS, which thinks Ford is likely to see a strong second half as product launch costs are already factored into guidance, raised its price target on the stock to $22 from $18. UBS increased its GM price target to $54 from $49. The firm keeps Buy ratings on both stocks.
07:55 EDTFToyota halts production at South African plant, Bloomberg reports
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07:48 EDTIBMQuantum computer company D-Wave may come public, FT says
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07:19 EDTGMProsecutors centering GM suit around deceptive statements, Reuters says
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06:46 EDTIBMIBM to research smart cities, Xinhua reports
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06:43 EDTFFord ceases production at South African facility, Reuters says
Ford announced that it has temporarily ceased production at one of its South African facilities due to a strike at some of its suppliers, according to Reuters, citing comments from Ford spokeswoman Alicia Chetty. Chetty said that only Ford's Pretoria facility was affected while its other plant in Port Elizabeth was operating as usual. Reference Link
06:34 EDTGMGeneral Motors CEO to appear before Senate subcomittee this week, WSJ says
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06:08 EDTFABI Research: Over 24M cars to be fitted with Apple CarPlay, DigiTimes says
ABI Research said that over 24M cars will be fitted with Apple (AAPL) CarPlay in 2019, reports DigiTimes. ABI Reserch said that the uptake in MirrorLink will also be fairly significant, but predicts more cars will be fitted with CarPlay. It cites several car makers to have the capabilities, including Ford (F), BMW, Audi, Mercedes, Jaguar/Land Rover, Toyota (TM), Nissan (NSANY), and Volvo (VOLVY). Reference Link
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