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Stock Market & Financial Investment News

News Breaks
March 12, 2014
05:47 EDTGM, TRQStocks with implied volatility movement; GM TRQ
Stocks with implied volatility movement; General Motors (GM) 30, Turquoise Hill (TRQ) 93 according to iVolatility.
News For GM;TRQ From The Last 14 Days
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August 14, 2014
11:56 EDTGMGM planning to invest $2.8B in Brazil over 5-year period, Reuters reports
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11:12 EDTGMGM executive says company in 'massive transformation,' WSJ says
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10:05 EDTGMOn The Fly: Analyst Initiation Summary
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07:35 EDTTRQTurquoise Hill, Oyu Tolgoi sign PSCA with Mongolia government
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August 13, 2014
16:07 EDTGMGeneral Motors initiated with an Underperform at Credit Suisse
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10:02 EDTGMGeneral Motors invests $174M in new Lansing stamping facility
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06:24 EDTGMGM says antitrust regulator approached China division, Reuters says
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06:07 EDTGMOpel CFO expects to be profitable in Europe by mid-decade, Detroit News reports
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06:04 EDTGMGM workers returning to Warren tech center after flooding, Detroit News reports
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August 12, 2014
09:19 EDTGMGeneral Motors shares washed out, says Sterne Agee
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07:52 EDTTRQTurquoise Hill sees revenue exceeding production through end of FY14
Strong concentrate sales are expected to continue throughout the 2H14. Sales are expected to exceed production through the end of 2014. Oyu Tolgoi's goal is to reach four to eight weeks of concentrate production in inventory by the end of 2014. Sales contracts have been signed for 100% of Oyu Tolgoi's expected 2014 concentrate production and long-term contracts account for 92% of 2015 planned production. Additionally, 84% of concentrate production has been contracted for up to eight years. All contracts are based on international terms. While small amounts of higher-grade ore were processed in Q2, the grade is expected to increase as the mine deepens into a high-grade zone during the second half of 2014. In the high-grade zone, copper head grades are expected to reach 0.60%-0.70% per tonne and gold head grades are expected to average approximately 1.0 gram per tonne. Turquoise Hill continues to expect Oyu Tolgoi to produce between 135,000-160,000 tonnes of copper and 600,000-700,000 ounces of gold in concentrates for 2014. As operations transition from post-commissioning to steady-state, Oyu Tolgoi has been focusing on cost reduction and productivity initiatives designed to generate positive cash flow, improve overall operational and financial performance.
07:50 EDTTRQTurquoise Hill reports Q2 EPS (3c), one estimate 1c
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06:21 EDTGMGeneral Motors to streamline international business model, WSJ reports
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August 11, 2014
15:23 EDTGMJPMorgan to hold a conference
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06:38 EDTGMGM's ignition switch fund receives 63 death case claims, AP reports
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06:07 EDTGMGM's Lansing plant to halt Cadillac production temporarily, Detroit News reports
General Motors will halt Cadillac production at its Lansing Grand River Assembly Plant for three weeks, effective August 18, the Detroit News reports. According to sources, the halt is due to lower than expected demand for the cars. Reference Link
August 9, 2014
15:40 EDTGMGM loses attempt to dismiss revived ignition-death lawsuit, Bloomberg says
A Georgia judge rejected General Motors' attempt to dismiss a revived lawsuit over the death of woman that precipitated the recall of 2.59M cars over faulty ignition switches, says Bloomberg. Reference Link
August 8, 2014
14:09 EDTGMGeneral Motors announces 269K vehicle recall
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06:47 EDTGMGM aims to unveil new Volt hybrid in six months, Reuters says
GM said that it plans to showcase its newest model of its Chevrolet Volt hybrid electric vehicle in six months, reported Reuters. Company officials did not explain details on the pricing or driving range of the 2016 model, but said the car will be revealed at the North American International Auto Show. Reference Link
August 7, 2014
06:18 EDTGMGM issues recall for certain model year SAABs, Trailblazer EXTs, others
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