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Stock Market & Financial Investment News

News Breaks
April 21, 2014
07:12 EDTF, GM, 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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April 13, 2015
12:58 EDTGMGM says it has resolved Bolt's technical challenges, Financial Times reports
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12:44 EDTGMFiat Chrysler interested in partnering with GM, Reuters says
Fiat Chrysler 9FCAU) CEO Sergio Marchionne is looking to make a "mega deal" before stepping down in early 2019 and has shown "particular interest" in partnering with GM(GM), according to Reuters. GM is strong in Asia, an area of weakness for Fiat Chrysler, while GM is looking to expand in Europe, the news service stated. Reference Link
07:16 EDTGMTechWeek to hold a conference
TechWeek Detroit 2015 is being held in Detroit on 4/13-19.
April 10, 2015
07:53 EDTFFord consolidates Ford Sollers joint venture for financial reporting purposes
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06:13 EDTF, GMGeneral Motors added to Focus List at Citigroup following selloff
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April 9, 2015
11:31 EDTGMGM may make 'major' investment in Warren Tech Center, Detroit News says
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09:22 EDTFLKQ Corp., Ford renew patent license agreement
LKQ Corporation (LKQ) and Ford Global Technologies (F) renewed their design patent license agreement, which was first entered into in April 2009. The license agreement grants to LKQ the exclusive right to distribute aftermarket replicas of Ford automotive parts covered by U.S. design patents. The renewal is on substantially the same terms as the previous agreement except that the term now extends until March 2020.
08:41 EDTGMGM's Opel unit reports Q1 new passenger car sales 279,306 units
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06:19 EDTGMGeneral Motors considering $1.3B expansion of Arlington plant, Reuters reports
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06:07 EDTGMGM to temporarily halt production of Chevrolet Volt, WSJ reports
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April 8, 2015
19:09 EDTF, GMGM pressures Canadian workers to reduce pension benefits, Globe and Mail says
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12:21 EDTIBMIBM announces U.S. Army is using IBM Hybrid Cloud for logistics
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10:01 EDTIBMIBM announces longstanding collaboration with Care.com
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April 7, 2015
16:55 EDTIBMXerox upgraded to Buy ahead of Q1 results at Citigroup
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11:27 EDTGMCanadian sale of General Motors stake removes an overhang, says BofA/Merrill
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09:23 EDTGMOn The Fly: Pre-market Movers
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09:19 EDTIBMCLSA holds an analyst/industry conference call
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09:01 EDTGMGeneral Motors 73.39M share Block Trade priced at $35.90
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06:56 EDTGMGeneral Motors 73.39M share Block Trade; price range $35.80-$36.00
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06:31 EDTIBMIBM an unlikely target for activists, Reuters columnist says
Shareholders calling for activist investors to take aim at IBM are likely to be disappointed, according to a Reuters columnist. The company has already carried out a great deal of financial engineering, and it will probably need to spend heavily on R&D and invest in its business for a couple of years in order to turn itself around, the columnist believes. Reference Link
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