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Stock Market & Financial Investment News

News Breaks
July 3, 2013
07:15 EDTGM, F, NSANY, TM, HMC, FIATY, VLKAY, DDAIFAuto sales rate in U.S. near five year high, WSJ reports
U.S. auto sales last month increased (GM, F, NSANY, TM, HMC, FIATY, VLKAY, DDAIF) at the strongest rate in more than five years, driven by a surge in pickup truck demand, lending new confidence to industry executives' belief that the nation's auto recovery has more room to run, reports the Wall Street Journal.Reference Link
News For GM;F;NSANY;TM;HMC;FIATY;VLKAY;DDAIF From The Last 14 Days
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October 9, 2014
09:17 EDTGMOmix Ada recalls floor mats used in Chevrolet, GMC trucks, SUVs
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08:02 EDTF, NSANYPandora announces new auto partnership with Ford Australia
Pandora (P) Internet Radio has officially announced its partnership with Ford (F) Australia. The launch, effective across a range of nameplates including Fiesta ST and Focus ST and Ford Kuga line up, will continue to roll out across other Ford nameplates including the Fiesta, Focus, Ranger and Transit range by early 2015. Pandora locally also partners with Holden and Mazda, and will soon be released on new model Nissans (NSANY).
06:27 EDTTMToyota upgraded to Buy from Neutral at BofA/Merrill
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October 8, 2014
10:33 EDTFFord falls to fresh 52-week low, levels to watch
The shares are down 2% at time of writing to $13.82, just above the fresh 52-week low set earlier today at $13.76. Support below today's low is at $13.36. Resistance is at the session high at $14.10.
10:01 EDTHMCSolarCity and Honda renew partnership to fund $50M in solar projects
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06:37 EDTFIATYFiat head aims to step down from post after 2018, Bloomberg says
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06:34 EDTFIATYFiat boss expects Chrysler deal to make new No.1 vehicle maker, Bloomberg says
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October 7, 2014
12:57 EDTFIATYChrysler recalls Ram C/V Tradesman cargo vans due to air bag defect
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12:56 EDTGMGM recalls Chevrolet Caprices due to transmission selector lever defect
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12:26 EDTGMGeneral Motors trades sharply lower, nearing 52-week low
The stock has been trading down since the open, last at $32.18 and just above the 52-week low at $31.67. If the shares break down through the 52-week low, next support would be at $30.50. Resistance is at $32.87.
11:25 EDTGMStocks with call strike movement; SLV GM
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09:30 EDTDDAIFDaimler to begin making medium truck engines for North America, HDT says
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09:27 EDTDDAIFWells says Daimler decision to make engines negative for Cummins
Wells Fargo says Daimler's (DDAIF) announced intention to begin producing medium truck engines for its North American applications beginning in early 2016 is a negative for Cummins (CMI). Wells believes Daimler's decision is a threat to Cummins' supply relationship with Daimler's North American truck business. The firm estimates Cummins realized 45K engines and after-treatment systems to Daimler's North American Class 6-7 truck business over the twelve months ending August 2014. It has a Market Perform rating on the stock.
08:30 EDTFIATYChrysler recalls 24,497 2014 Ram ProMaster vans
Chrysler Group LLC is recalling 24,497 model year 2014 Ram ProMaster vans manufactured July 1, 2013, to August 26, 2014. The affected vehicles may have been manufactured with head restraints that exceed the maximum backset measurement limit of 55mm. As such, these vehicles fail to comply with the requirements of the Federal Motor Vehicle Safety Standard No. 202a, "Head Restraints." If the vehicle is struck from behind, the head restraint may not properly limit the seat occupant's head movement rearward, increasing the risk of injury.
08:29 EDTGMGeneral Motors recalls 290,241 Cadillac SRX, SAAB 9-4X vehicles
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08:28 EDTGMGeneral Motors recalls 10,005 Cadillac CTS-V, STS-V vehicles
General Motors is recalling 10,005 model year 2004-2007 Cadillac CTS-V vehicles manufactured October 6, 2003, to March 15, 2007, and 2006-2007 Cadillac STS-V vehicles manufactured June 23, 2005, to March 15, 2007. In the affected vehicles, the electrical terminals of the fuel pump module may overheat resulting in the melting of the flange material. If the flange melts, a hole may be created allowing the fuel pump to leak fuel, causing the vehicle to stall, increasing the risk of a vehicle crash. Additionally, leaking fuel in the presence of an ignition source increases the risk of a fire.
08:26 EDTGMGM recalls 46,873 vehicles from 2008-2013, including Chevrolet Caprice
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08:10 EDTGMGeneral Motors estimates lowered, price target to $27 at Morgan Stanley
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06:43 EDTGMGM using Facebook, calls to reach out and get recalled cars fixed, AP reports
General Motors (GM) is using Facebook (FB) messages and phone calls to reach out to vehicle owners who have yet to bring in their cars the company has recalled, reports the Associated Press. CEO Mary Barra has also sent a personal letter urging people to get the switches replaced. Reference Link
06:05 EDTFIATYFiat announces merger effective October 12
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