New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 2, 2014
12:10 EDTF, GMNomura starts coverage of GM with Reduce rating
Japanese bank Nomura started research coverage of General Motors (GM) with a Reduce rating, saying that the company is vulnerable to macroeconomic challenges. WHAT'S NEW: With the media focusing on GM's ignition recall controversy, Nomura analyzed the company's fundamental outlook in a note to investors earlier today. The growth of demand for autos in the U.S. market has slowed since last September, while the industry is facing macroeconomic challenges, Nomura analyst Harald Hendrikse warned. GM is more vulnerable than Ford (F) to these macroeconomic challenges, given its plans to raise its profit margins in North America and cut its European losses, the analyst contended. GM's fiscal 2015 earnings per share is likely to be lower than expected, added Hendrikse, who has a $32 price target on the stock. WHAT'S NOTABLE: The analyst initiated Ford with a Neutral rating. Although the automaker also faces macroeconomic challenges it will probably benefit from strong growth in China and the launch of a new F-150 pickup this summer, Hendrikse wrote. Moreover, most of Ford's revenue comes from North America, meaning that its profits won't be greatly impacted by events in other parts of the world, the analyst stated. He set a $15 price target on the stock. PRICE ACTION: Near noon, GM added 25c to $34.59 and Ford shares gained 10c to $16.42.
News For GM;F From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
April 15, 2015
05:27 EDTFTenneco to supply Ford Focus and Ford C-MAX with suspension technology
Tenneco (TEN) announced that Ford (F) has chosen Tennecoís damper technology for its new Ford Focus and Ford C-MAX, both of which are built on Fordís C-Car global platform. According to Ford, these latest launches introduce a number of advanced new technologies focused on enhanced comfort, safety and ride quality. Tennecoís Multi-Tuned Valve is a cost-effective twin tube valve system that provides a wide range of tuning options. MTV offers improved shock absorber performance and durability compared to conventional valves, and enables the optimum balance between body control and driver comfort.
April 14, 2015
18:07 EDTGMGeneral Motors seeks to cut costs via longer term supply contracts, WSJ says
General Motorsí new purchasing chief said the company is trying to lock in its supplier contracts for a term covering two vehicle generations, or as long as a decade, in a bid to cut costs and gain access to advanced technology, The Wall Street Journal reports. Reference Link
12:23 EDTFFord likely to announce $2.5B investment in Mexico this week, Reuters reports
Subscribe for More Information
April 13, 2015
17:21 EDTGMGeneral Motors confirms raising quarterly dividend to 36c from 30c per share
Subscribe for More Information
13:31 EDTGMDeath claims linked to GM ignition switches up to 84, WSJ reports
Subscribe for More Information
12:58 EDTGMGM says it has resolved Bolt's technical challenges, Financial Times reports
Subscribe for More Information
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
Subscribe for More Information
06:13 EDTGM, FGeneral Motors added to Focus List at Citigroup following selloff
Subscribe for More Information
April 9, 2015
11:31 EDTGMGM may make 'major' investment in Warren Tech Center, Detroit News says
Subscribe for More Information
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
Subscribe for More Information
06:19 EDTGMGeneral Motors considering $1.3B expansion of Arlington plant, Reuters reports
Subscribe for More Information
06:07 EDTGMGM to temporarily halt production of Chevrolet Volt, WSJ reports
Subscribe for More Information
April 8, 2015
19:09 EDTF, GMGM pressures Canadian workers to reduce pension benefits, Globe and Mail says
Subscribe for More Information
April 7, 2015
11:27 EDTGMCanadian sale of General Motors stake removes an overhang, says BofA/Merrill
Subscribe for More Information
09:23 EDTGMOn The Fly: Pre-market Movers
Subscribe for More Information
09:01 EDTGMGeneral Motors 73.39M share Block Trade priced at $35.90
Subscribe for More Information
06:56 EDTGMGeneral Motors 73.39M share Block Trade; price range $35.80-$36.00
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use