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Stock Market & Financial Investment News

News Breaks
July 18, 2014
15:23 EDTFCEL, TM, BLDP, HMC, NSANY, PLUGJapan to provide generous subsidies for fuel cell vehicles, Nikkei says
Japan's Prime Minister Shinzo Abe announced the government plans to provide at least Y2M, or nearly $20K, in subsidies for every purchase of a fuel cell vehicle, reported the Nikkei Asian Review. Japanese car makers including Toyota (TM), Honda (HMC) and Nissan (NSANY) are developing fuel cell cars. Companies in the fuel cell space include Plug Power (PLUG), FuelCell Energy (FCEL) and Ballard Power (BLDP). Reference Link
News For HMC;TM;PLUG;BLDP;FCEL;NSANY From The Last 14 Days
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March 3, 2015
10:58 EDTHMCHonda reports February U.S. sales up 5% to 105,466 units
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10:47 EDTTMToyota reports February U.S. sales up 13.3% to 180,467 units
Toyota, Scion and Lexus reported total February sales results of 180,467 units, an increase of 13.3% from February 2014 on a volume basis.
09:51 EDTNSANYNissan reports February U.S. sales up 2.7% to 118,436 units
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09:26 EDTPLUGPlug Power delays 10-K filing
Plug Power disclosed in a regulatory filing that the company is delaying its filing of its annual report with the SEC. Plug Power states in the filing: "As a first-time large accelerated filer, Plug Power was unable to file its Annual Report on Form 10-K for the year ended December 31, 2014 within the prescribed time period without unreasonable effort or expense. The Company has experienced unforeseen delays in collecting, compiling and finalizing certain financial and other related data necessary to complete the Report, particularly data relating to a substantially higher level of complex customer transactions. The Report will be filed on or before the 15th calendar day following the prescribed due date." Plug Power shares are down 6% in pre-market trading to $2.93.
09:00 EDTNSANYNissan reports February U.S. sales up 2.7%, Bloomberg says
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08:35 EDTBLDPUQM Technologies announces Ballard Power places fuel cell order
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05:52 EDTTMToyota promises to stay profitable in Russia, Financial Times reports
Toyota has vowed to stay profitable in Russia although the company expects a 28% drop in the car market in the country, reports the Financial Times. Toyota's president and CEO of Toyota in Europe Didier Leroy said, “Many carmakers now say there is no way — people will lose money in Russia. And we say no way — we will not lose money in Russia ." Reference Link
February 27, 2015
06:49 EDTNSANYNissan says no major new investment needed to meet U.S. goal, Reuters reports
Nissan will be able to reach its goal of attaining 10% market share in the U.S. without making any major new investments, said Jose Munoz, an executive vice president at Nissan and the chairman of its North American arm, according to Reuters. Reference Link
06:37 EDTNSANYNissan president to emphasize customer service, dealerships, WSJ says
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February 26, 2015
10:39 EDTTM, NSANY, HMCOrbital ATK selected by 10 automakers to investigate Takata airbags
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10:00 EDTBLDPOn The Fly: Analyst Downgrade SummaryStarz
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09:17 EDTBLDPBallard Power downgraded to Neutral from Buy at Sidoti
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05:58 EDTBLDPBallard Power reports Q4 EPS (13c), consensus (5c)
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February 25, 2015
06:33 EDTTMToyota says union salary demands 'impossible,' Reuters reports
Toyota said today that it would not be able to meet union demands for a $112 increase in monthly pay, according to Reuters. The statement came at the end of the first day of the company's talks with worker representatives, the news service stated. Reference Link
February 24, 2015
13:13 EDTHMC, TMTesla Model S named 'best overall' by Consumer Reports
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February 23, 2015
07:32 EDTBLDPBallard Power signs Technology Solutions contracts with two companies
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06:03 EDTHMCHonda says Takanobu Ito to step down as CEO, Takahiro Hachigo named new CEO
Takanobu Ito is stepping down as president and CEO of Honda, the company announced in a press release. Takahiro Hachigo, Honda's managing officer, will take over as president and CEO in June.
February 20, 2015
07:30 EDTHMCHonda cuts production by another 5,000 due to U.S. port strikes, Reuters says
Honda Motor Co stated it will lower production at two factories in Indiana and Canada from February 24 to March 2 due to a parts shortage brought on by continuing U.S. port strikes, reports Reuters, citing a Honda spokesperson. Total output loss for the two factories -- which mainly produce Civics -- will be roughly 5,000 cars, while total output loss for the company from February 16 to 23 will be roughly 20,000 cars. The spokesperson said supply will be "a little bit better next week" due to air deliveries. Reference Link
February 19, 2015
09:55 EDTBLDPBallard Power mentioned cautiously by TheStreetSweeper
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