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Stock Market & Financial Investment News

News Breaks
January 8, 2014
06:43 EDTF, TM, FIATY, HMC, GM, VLKAY, GOOG, NSANYRegulator sends dual message on driverless cars, Politico reports
When regulating self-driving cars, safety has to be the top priority, said David Strickland, the outgoing administrator of the National Highway Traffic Safety Administration yesterday, according to Politico. But he also stated that regulators do not want to stand in the way of innovation, the website added. Reference Link
News For GOOG;HMC;F;VLKAY;FIATY;NSANY;GM;TM From The Last 14 Days
Check below for free stories on GOOG;HMC;F;VLKAY;FIATY;NSANY;GM;TM the last two weeks.
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April 11, 2014
06:40 EDTVLKAY, GMGM surpasses VW in Q1 China sales, Bloomberg says
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06:36 EDTGMSafety advocates unnerved by accidents in recalled GM cars, Reuters says
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06:29 EDTGOOGGoogle says 'Jelly Bean' affected by Heartbleed
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06:15 EDTF, GMFord upgraded to Buy from Hold at Deutsche Bank
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05:57 EDTGOOGCisco, Juniper say some products affected by Heartbleed bug, WSJ reports
Both Cisco (CSCO) and Juniper (JNPR) have disclosed that some of their products are affected by the Heartbleed bug, the Wall Street Journal reports. The companies say the security flaw affects routers, switches and firewalls used by businesses. Reference Link
05:43 EDTTMToyota upgraded to Buy from Hold at Jefferies
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April 10, 2014
17:50 EDTTMToyota group members to expand repair shops in Southeast Asia, Nikkei says
Parts makers Denso and Aisin Seiki, and trading house Toyota Tsusho, intend to open repair shops in Thailand and Indonesia during 2014, Nikkei reports. Reference Link
16:39 EDTGMOn The Fly: Closing Wrap
Stocks on Wall Street were sharply lower as selling pressure took hold early in the session and did not relent. The averages closed near their worst levels, with the tech-heavy Nasdaq down more than 3%. With today's close, each of the major indexes is now lower for the year. ECONOMIC EVENTS: In the U.S., initial claims for unemployment benefits fell to 300K last week, hitting their lowest weekly level since May 2007. The the timing of Easter and Passover, as well as other seasonal factors, however, may have lead many to discount the figure. Export prices rose 0.8% in March, while import prices grew 0.6%, both of which were greater than expected advances. In China, exports fell 6.6% from a year earlier in March, while imports plunged 11.3%. Economists had predicted year-over-year gains for both. COMPANY NEWS: eBay (EBAY) and activist investor Carl Icahn settled their proxy contest, with Icahn withdrawing both his two board nominees and his proposal for eBay to spin off its PayPal unit. As part of its agreement with Icahn, eBay will expand the number of independent directors on its board to 10 and add David Dorman to serve in that capacity. The online retail marketplace was among the many tech names suffering losses, closing the session down $1.81, or 3.24%, at $54.08... Ally Financial (ALLY), formerly the auto finance and financial services arm of General Motors (GM), lost $1.02, or 4.08%, to close at $23.98 in its first day of trade following its return to the public markets after having price its return offering at $25.00 per share... General Motors made news again as well by confirming that two of its engineers have been placed on paid leave as part of the company's ongoing ignition switch recall probe. The company also added ignition lock cylinders to its safety recall of 2.2 million vehicles in the U.S. and said it expects to take a $1.3B charge in the first quarter due to recall-related repairs... MAJOR MOVERS: Among the notable gainers was drugstore operator Rite Aid (RAD), which rose 54c, or 8.44%, to $6.94 after reporting earnings and revenue and that beat expectations and giving a revenue outlook for its fiscal 2015 that came in above estimates. Also higher following a better than expected earnings report was casual restaurant owner Ruby Tuesday (RT), which advanced 72c, or 12.08%, to $6.68. Among the noteworthy losers was data security solutions provider Imperva (IMPV), down $21.73, or 43.7%, to $28.00 which plunged 41% after the company slashed its first quarter profit and sales outlook. Another name in computer security, FireEye (FEYE), was among a a number of so-called "momentum" stocks that fell during the session, sliding $6.64, or 11.77%, to $49.75. Other momentum stocks that fell included 3D Systems (DDD), down $5.90, or 10.79%, to $48.78, and Yelp (YELP), down $7.78, or 10.92%, to $63.47. INDEXES: The Dow was down 266.96, or 1.62%, to 16,170.22, the Nasdaq was down 129.79, or 3.1%, to 4,054.11, and the S&P 500 was down 39.10, or 2.09%, to 1,833.08.
14:07 EDTGMGeneral Motors up more than 1% after announcing $1.3B recall-related charge
14:02 EDTGMGeneral Motors to take $1.3B charge in Q1 on recall-related repairs
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13:58 EDTGOOGGoogle to let any U.S. resident buy Google Glass, The Verge says
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13:44 EDTTMToyota unveils new, more efficient gasoline engines, AP reports
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12:25 EDTGMOn The Fly: Midday Wrap
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08:08 EDTGMGM confirms two engineers placed on paid leave as part of ignition switch probe
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07:20 EDTGMGM fights against judge's request for 'park-it' order, Bloomberg says
U.S. District Judge Nelva Gonzales Ramos asked GM to explain why she shouldn’t order the automaker to recommend that drivers of the recalled cars should cease driving them, according to Bloomberg, citing a statement from the automotive company. GM feels it shouldn’t be obligated to tell vehicle owners to park the recalled models until they are fixed, because they’re safe to use if government-approved recall instructions are followed. Reference Link
06:49 EDTGOOGMotorola Mobility names Osterloh COO
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06:32 EDTF, VLKAY, TM, FIATY, GMAutomakers have recalled nearly 15M vehicles since start of year, WSJ reports
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06:29 EDTGOOGAT&T in talks to bring ultrafast internet to North Carolina, WSJ reports
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06:10 EDTGMGeneral Motors requests NASA review in recalled vehicles, Detroit News says
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03:19 EDTTMToyota targets annual Chinese car sales of 2M units by 2025, Nikkei reports
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