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Stock Market & Financial Investment News

News Breaks
September 17, 2012
06:11 EDTWMT, UBS, GM, TSCDY, EADSY, MS, CRERY, BAESY, GEOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: The Treasury Department is resisting a move by GM (GM) to sell the government's entire stake in the auto maker. GM executives have grown increasingly frustrated with that ownership, and the stigma of being known as "Government Motors," the Wall Street Journal reports...Private-equity firms wanting to offload assets, are turning mountains of sand, gas stations and coal mines into a special type of security that offers investors annual yields as high as 19% for years to come. These securities come in the form of an investment known for a predictable income stream and relative safety: master limited partnerships. But some investors and analysts worry that these new MLPs carry much more risk than their predecessors, the Wall Street Journal reports...REUTERS: GE (GE) hired Morgan Stanley (MS) to review its 33% stake in Thailand's Bank of Ayudhya Pcl, which could potentially lead to a sale of its about $2.2B holding, sources say, Reuters reports...UBS (UBS) expects Swiss banks to see European clients withdraw "hundreds of billions of francs" as a result of moves to stop foreigners using secret accounts to evade taxes, Reuters reports...BLOOMBERG: BAE Systems’s (BAESY) planned merger with European Aeronautic, Defence & Space Co. (EADSY) may attract other suitors for the British firm and set off industry consolidation, said Moody’s Investors Service, Bloomberg reports...As India opens foreign investment in retail, Wal-Mart (WMT) may be the first to tap the $505B market as Carrfour (CRERY) and Tesco (TSCDY) battle declining profits and consumer spending, Bloomberg reports.
News For GM;GE;MS;UBS;BAESY;EADSY;WMT;CRERY;TSCDY From The Last 14 Days
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June 19, 2013
15:05 EDTMSBernanke says largest banks at or near compliant to Basel III rules
13:30 EDTGMGeneral Motors ranks atop new vehicle survey, Automotive News says
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11:25 EDTUBSSwiss lawmakers reject U.S. tax deal in final vote, Reuters says
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08:03 EDTGEGeneral Electric awarded $147M contract by Statoil
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07:23 EDTGMGM to expand Cadillac retail network in China, Reuters reports
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07:09 EDTWMTWal-Mart plays catch up to Amazon.com, WSJ reports
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07:03 EDTGEGeneral Electric launches enterprise cloud tool
GE yesterday afternoon announced what it labeled the first big data and analytics platform robust enough to manage the data produced by large-scale, industrial machines in the cloud. Built to support the Industrial Internet and turn big data into real-time insight, the platform will benefit major global industries including aviation, healthcare, energy production and distribution, transportation and manufacturing, GE stated. Combined with the new GE Predictivity services and technologies available today, airlines, railroads, hospitals and utilities can manage and operate critical machines such as jet engines and gas turbines in the cloud - running businesses better by increasing productivity and reducing waste and downtime, the company reported. This marks the first time industrial companies will have a common architecture, combining intelligent machines, sensors and advanced analytics, it added.
06:08 EDTWMTOn the Fly: Periodicals Wrap-Up
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06:06 EDTEADSYEADS to keep defense business, but consider its options, Reuters reports
EADS CEO Tom Enders said the company has no plans to give up its defense business but is open to seeking alternatives for parts of it, according to the German newspaper Die Welt, reports Reuters. Reference Link
June 18, 2013
13:14 EDTGEGeneral Electric to host analyst meeting
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13:03 EDTGEAccenture, GE form strategic global alliance
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10:48 EDTGE, EADSYAIG subsidiary expands order for LEAP-1A engines
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10:00 EDTGEGeneral Electric to create Russian venture to build power plants, Reuters says
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07:29 EDTUBSSecurities Industry and Financial Markets Association to host a conference
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07:14 EDTUBSEx-UBS trader charged by U.K. in Libor case, Reuters says
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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
15:29 EDTWMTGoogle's Chromebook to be available in Wal-Mart, Staples
In addition to Best Buy (BBY) and Amazon.com (AMZN), Google (GOOG) announced that, starting today, Walmart (WMT) will be making the newest Acer Chromebook available in approximately 2,800 stores across the U.S. for $199. Beginning this weekend, Staples (SPLS) will bring a mix of Chromebooks from Acer, HP (HPQ) and Samsung (SSNLF) to each of its stores in the U.S., or more than 1,500 in total. Reference Link
14:20 EDTUBSCriminal charges likely in Libor case, WSJ reports
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14:05 EDTGMGM may benefit from lease expirations this year, Automotive News says
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