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Stock Market & Financial Investment News

News Breaks
March 19, 2012
06:14 EDTESRX, GM, XOM, MHS, PEUGYOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: GM (GM) and PSA Peugeot Citroen (PEUGY) look to begin joint development of at least two passenger cars by this fall, says GM CEO Akerson, the Wall Street Journal reports...Venture capital for biotechnology has been in decline, due to the economy and poor returns from stock offerings. VC's invested $3.92B in 2011 vs. $6.17B in 2007, according to VentureSource, the Wall Street Journal reports...REUTERS: Exxon Mobil (XOM) informed the Iraqi government that it froze its exploration deal with the semi-autonomous Kurdistan region which angered Baghdad which it considers illegal, Reuters reports...BLOOMBERG: Not since 1999 have currency traders been bullish on the dollar for so long, a sign that the market sees the U.S. resuming its role as the engine of global economic growth, Bloomberg reports...Express Scripts' (ESRX) bid to acquire Medco Health Solutions (MHS) and create the largest U.S. pharmacy-benefits manager may be delayed by a lawsuit being considered by five states, Bloomberg reports.
News For GM;PEUGY;XOM;ESRX;MHS From The Last 14 Days
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June 19, 2013
13:30 EDTGMGeneral Motors ranks atop new vehicle survey, Automotive News says
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07:23 EDTGMGM to expand Cadillac retail network in China, Reuters reports
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June 18, 2013
10:54 EDTPEUGYEuropean 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 EDTXOMU.S. oil exports highest in 30 years, Bloomberg reports
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07:13 EDTPEUGY, GMEuropean 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
06:04 EDTXOMEnergy firms may look to courts over U.S. natural gas exports, Reuters reports
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06:01 EDTGM, PEUGYOn 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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06:07 EDTGMStates push automakers to sell no-emission cars, Bloomberg 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
08:06 EDTXOMLNG trade declined in 2012, FT reports
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June 13, 2013
14:29 EDTXOMU.S., Arkansas file joint complaint against Exxon for Pegasus spill
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08:03 EDTGMGM denies it will produce Chevrolet Cruze in Poland, Reuters reports
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07:09 EDTXOMU.S. crude oil production surged 14% in 2012, WSJ reports
U.S. crude oil production grew by over 1M barrels a day last year, the largest increase in the world and the largest in U.S. history. In the latest sign of the shale revolution remaking world energy markets, crude production in the U.S. jumped 14% last year to 8.9M barrels a day, according to the newly released Statistical Review of World Energy, published by BP, reports the Wall Street Journal.Reference Link
June 12, 2013
10:14 EDTPEUGYOn the Fly: Upgrade Summary
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07:23 EDTGMElectric car makers cut prices to catch Toyota, Globe and Mail reports
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07:09 EDTGMToyota 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 EDTGMOn 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.
05:33 EDTPEUGYPeugeot upgraded to Equal Weight from Underweight at Morgan Stanley
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