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Stock Market & Financial Investment News

News Breaks
September 11, 2013
05:43 EDTGOOG, DDAIF, CTTAY, IBM, NSANY, VLKAY, GM, TRWSelf-driving car development moves to the fast lane, WSJ reports
Major auto makers are directing their efforts to develop cars that drive themselves out of the labs and into the r production lane, after years of low-profile experimentation, reports the Wall Street Journal. Auto industry executives used the podium offered by the biennial Frankfurt auto show to deliver that message in a variety of ways, responding in part to software giant Google's (GOOG) experiments with autonomous driving that over the past three years have stolen some of the thunder of the automotive establishment.Reference Link
News For GOOG;DDAIF;CTTAY;IBM;NSANY;VLKAY;GM;TRW From The Last 14 Days
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August 19, 2014
08:42 EDTIBMImperva new CEO has history of selling companies, says Sterne Agee
After Imperva (IMPV) appointed Anthony Bettencourt as its new CEO, Sterne Agee says that he has a history of selling companies. The firm believes that Imperva "would likely be an acquisition candidate" for a number of large tech companies such as Cisco (CSC), Juniper (JNPR), HP (HPQ), IBM (IBM), Check Point (CHKP), or F5 (FFIV). Sterne Agee believes that Imperva could be acquired for as much as $45 per share, and it keeps a Buy rating on the stock.
08:02 EDTGMBorgWarner supplies solenoid technology for General Motors' GF6
BorgWarner (BWA) supplies its mini direct-acting variable force solenoid for General Motors' (GM) global front-wheel drive 6-speed automatic transmission program, or GF6.
06:50 EDTGOOGImages show impending Google music subscription service, Android Police says
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06:13 EDTGOOG, CTTAYContinental AG hires Google's Seval Oz to lead new division, WSJ reports
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05:57 EDTGOOGGoogle to offer accounts to children under 13, WSJ reports
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August 18, 2014
13:12 EDTGOOGMicrosoft getting ready to launch Chromebook challengers, 9to5Google says
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13:01 EDTGMFord, Chevrolet launching incentives earlier than usual, Autmotive News says
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07:37 EDTGM, NSANY, VLKAYReport says Russia may bar car imports if new sanctions enacted, Reuters says
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06:37 EDTDDAIFReport says Mercedes-Benz at fault for price-fixing in China, Reuters says
China's News agency Xinhua reported that the Jiangsu Province Price Bureau found Daimler's Mercedes-Benz responsible for charges which accused the company of fixing prices for after-sales services in the country, according to Reuters, citing the report. Reference Link
August 17, 2014
17:23 EDTGMJudge appoints lead counsel in GM ignition switch cases, Reuters says
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14:05 EDTGOOGGoogle acquires digital photo analysis startup Jetpac
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August 15, 2014
16:10 EDTIBMIBM issues statement on U.S. regulatory approval of x86 server sale to Lenovo
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13:25 EDTVLKAYU.S. appeals court upholds dismissal of Porsche short squeeze suit, Reuters says
Porsche (POAHY) has convinced a U.S. federal appeals court to uphold the dismissal of a lawsuit that alleged the luxury car manufacturer of fraudulently controlling the market in Volkswagen (VLKAY) shares after they quietly amassed a large position in Volkswagen and created a "massive short squeeze" in October 2008, Reuters reported. The U.S. appeals court said Porsche could not be held responsible under U.S. securities fraud laws because the alleged wrongful conduct, which was brought on by more than 30 hedge funds who held short positions in shares of Volkswagen at the time, took place outside of the U.S., Reuters added. Reference Link
13:10 EDTGMGM issues recall due to faulty seat hook bracket assembly
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12:39 EDTGOOGOn The Fly: Midday Wrap
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11:45 EDTGOOGVringo confirms adverse ruling in patent suit with Google, others
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11:15 EDTGOOGVringo falls after patent win against Google, AOL reversed on appeal
The U.S. Court of Appeals for the Federal Circuit that patents claims asserted by I/P Engine, a unit of Vringo (VRNG), are invalid for obviousness and reversed a lower court's ruling in the company's favor. The patents were asserted in a suit against Google (GOOG) and Aol (AOL), IAC Interactive (IACI) and Gannett (GCI). Vringo shares dropped nearly 11% following the posting of the appeal court ruling. Reference Link
11:11 EDTGOOGU.S. Court says Vringo patents in Google case are invalid, Bloomberg Reports
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10:09 EDTGOOGSony expected to debut Smartwatch 3 next month, GigaOM reports
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06:29 EDTGMGM recalls certain model year 2014 Chevrolet Impalas
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