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Stock Market & Financial Investment News

News Breaks
October 31, 2012
06:27 EDTGM, FGM, Ford sales to be hurt by Hurricane Sandy, Reuters reports
GM's (GM) vehicle sales in the Northeast will be hurt by Hurricane Sandy, the automaker said, without providing any estimates, Reuters reports. Ford (F) says that it would assume that sales would be affected by the storm, but has not measured the size or the impact at this time. Reference Link
News For GM;F From The Last 14 Days
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June 18, 2013
10:54 EDTFEuropean auto sales decline to 20 year low, Reuters says
European car sales decreased in May to their lowest level for the month in 20 years, says Reuters. Data from the Association of European Carmakers showed Germany, France and Italy, suffered almost double-digit percentage declines in May, Reuters added. Reference Link
07:13 EDTGMEuropean car sales at 20 year low, Bloomberg reports
European car sales fell to a two decade low in May as rising joblessness caused by a recession in the euro region reduced demand at Peugeot (PEUGY), Renault and GM (GM), reports Bloomberg.Reference Link
06:01 EDTGMOn the Fly: Periodicals Wrap-Up
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June 17, 2013
14:05 EDTGMGM may benefit from lease expirations this year, Automotive News says
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11:10 EDTGMSierra Wireless is likely beneficiary General Motors vehicle connectivity, says Avondale
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07:31 EDTFFord: 40% of sales from Asia Pacific in 4 - 5 years, Reuters reports
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07:28 EDTFFord expects to export more vehicles from India, Reuters reports
Ford CEO Alan Mulally said he expects to see more of the company's vehicles exported from India, as the company looks to build more vehicles using global platforms to lower costs and speed up product development, reports Reuters.Reference Link
06:07 EDTGMStates push automakers to sell no-emission cars, Bloomberg reports
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05:43 EDTFFord's MyTouch adds knobs and buttons, WSJ reports
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June 15, 2013
16:05 EDTGMGeneral Motors recalling more than 193,652 SUVs on fire risk, AP says
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June 14, 2013
06:20 EDTFFord to host conference call
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05:28 EDTFFord cuts CO2 emissions 37% per vehicle, sees another 30% reduction by 2025
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June 13, 2013
11:03 EDTFFord repeats prior FY13 guidance in presentation slides
Ford stated "Guidance Unchanged. Expect Strong Results For 2013 As We Continue To Invest For The Future" in presentation slides for the Deutsche Bank Global Industrials Conference.
08:03 EDTGMGM denies it will produce Chevrolet Cruze in Poland, Reuters reports
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June 12, 2013
07:23 EDTGMElectric car makers cut prices to catch Toyota, Globe and Mail reports
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07:09 EDTF, GMToyota shifts to qualtiy from expansion, Reuters reports
Toyota Motor (TM) said it’s unlikely to recapture its peak market share it held four years ago in the U.S. (GM, F), its biggest market, the latest sign the car maker is shifting to improving quality from aggressively expanding sales, reports Reuters.Reference Link
06:05 EDTGM, FOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: The tectonic plates of the world economy are shifting, moving the yield on the 10-year Treasury to the highest level in more than a year and shaking financial markets. Now, some constants are being questioned in markets, triggering paroxysms in stocks, bonds, commodities and the currencies of emerging markets, the Wall Street Journal reports...Drugstores (CVS, RAD, WAG) are preparing to change how they stock and sell a widely used emergency contraceptive after the Obama administration agreed to allow the pill to be sold over the counter to customers of all ages. Sold primarily under the brand name Plan B (TEVA, ACT, PRGO), the pill is currently stocked behind pharmacy counters, the Wall Street Journal reports...REUTERS: If currency turbulence in emerging markets becomes a full-scale investor flight, the Fed may have a new headache in deciding when to slow its dollar printing policy. The link between U.S. monetary policy and currency runs on the other side of the world could be tighter than many assume, Reuters reports...Toyota Motor (TM) said it’s unlikely to recapture its peak market share it held four years ago in the U.S. (GM, F), its biggest market, the latest sign the carmaker is shifting to improving quality from aggressively expanding sales, Reuters reports...BLOOMBERG: Exchange executives (NYX, NDAQ), long shielded from legal scrutiny in the U.S., have been put on notice that may be changing after federal regulators fined CBOE Holdings (CBOE) $6M for unprecedented lapses in supervision, Bloomberg reports...Borealis Infrastructure Management and its Kuwaiti-British partners abandoned their $8.3B bid for the U.K. water utility Severn Trent (SVTRY) as the offer deadline expired, Bloomberg reports.
June 11, 2013
14:43 EDTGMGeneral Motors volatility flat into 2013 Global Business Conference Call
General Motors June call option implied volatility is at 31, July is at 26, September is at 27; compared to its 26-week average of 30 according to Track Data, suggesting non-directional price movement into a 2013 Global Business Conference Call on June 12.
14:14 EDTGMGeneral Motors to host conference call
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14:11 EDTGMGeneral Motors to host conference call
2013 Global Business Conference Call - Morning Session - is being held on June 12 at 10 am. Webcast Link
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