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Stock Market & Financial Investment News

News Breaks
January 4, 2013
11:57 EDTHON, DD, GM, DDAIFGM staying with Honeywell, DuPont refrigerant, Automotive News says
GM (GM) is sticking with its decision to use a new refrigerant from Honeywell (HON) and DuPont (DD) in its vehicles, despite Daimler's (DDAIF) claims that the refrigerant could cause fires following accidents, according to Automotive News. GM conducted tests on the refrigerant and did not observe any problems, Curt Vincent, GM's engineering manager for new refrigerants, told the website. Reference Link
News For HON;DD;GM;DDAIF From The Last 14 Days
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September 24, 2014
06:46 EDTGMGM aiming for China sales to exceed 3M vehicles in 2014, Reuters says
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September 23, 2014
11:42 EDTGM 3D Systems rises after analyst reports 'unexpected' GM deal
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11:19 EDTGMGeneral Motors says Cadillac expands to become separate business unit
As part of the continued expansion of Cadillac, General Motors has announced a strategic realignment that will establish the flagship brand as a separate business unit. In addition, the new Cadillac organization will expand to New York with a new global headquarters opening in 2015. The realignment affirms Cadillacís importance to GMís strategy. Creating a new Cadillac business unit enables it to pursue growing opportunities in the luxury automotive market with more focus and clarity. Johan de Nysschen, who joined Cadillac as its new president in August, will be responsible for the brandís overall operational performance. The plan includes expansion to New York City in the form of a multipurpose brand and event space. Reference Link
11:03 EDTGM3D Systems landed $6M-$8M deal with GM, says Piper Jaffray
Piper Jaffray says that based on conversations with industry contacts, it believes 3D Systems (DDD) landed an unexpected deal with General Motors (GM) in Q3. Piper thinks the Bluebird deal could be in the range of $6M-$8M. The firm believes the deal was not in 3D's pipeline. It has a Neutral rating on the stock.
09:01 EDTGMGM aiming for New York Cadillac headquarters by 2Q15, Reuters says
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07:30 EDTDDUBS to hold a conference
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September 22, 2014
11:15 EDTGMGM compensation fund approved two more fatalities, CNBC reports
General Motors' victim compensation fund has now approved 37 claims, including 21 fatalities, up from 31 claims and 19 fatalities last week, CNBC's Phil LeBeau reports via Twitter.
08:38 EDTDDPlatform Specialty Products reports favorable decision in DuPont patent dispute
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07:02 EDTGMJPMorgan prefers shares of GM and Ford to Tesla
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06:52 EDTGMCalifornia to add additional incentives for electric cars, NY Times says
California Governor Jerry Brown signed several bills that are supposed to make electric cars more affordable for low income residents of the state, according to The New York Times. The bills, among other things, will boost rebates that low income earners receive when buying an electric car, and install charging stations in apartment buildings in low income areas, the newspaper stated. GM (GM), Nissan (NSANY) Ford (F) and Tesla (TSLA) are among the companies that make electric cars. Reference Link
September 20, 2014
21:44 EDTGMGM recalls 221,558 Cadillac XTS and Chevrolet Impala sedans, WSJ says
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20:50 EDTDDDuPont investors could benefit no matter what, Barron's says
Investors could still benefit if DuPont succumbs to Trian Partners' pressure to split the company or not, Barron's contends in a follow up article. Reference Link
September 19, 2014
16:24 EDTDDStocks rise after Fed keeps pledge for 'considerable time' before rate hike
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14:50 EDTGMJudge orders General Motors must hand over defect files, WSJ reports
A U.S. Judge has ordered General Motors to turn over internal files and documents regarding its ignition-switch flaw and how it handled the defect to plaintiff attorneys, The Wall Street Journal says. The attorneys are representing plaintiffs who have sued the auto manufacturer alleging economic loss, personal injury, and deaths related to the company's recall of older cars with the ignition-switch defect. While General Motors is protected from liabilities that occurred before its bankruptcy in 2009, the recent ruling paves the way for plaintiff attorneys to obtain records they could use in cases before and after General Motor's bankruptcy petition, The Wall Street Journal added. Reference Link
10:06 EDTDDOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Eagle (AEO) upgraded to Buy from Neutral at Goldman... Concur (CNQR) upgraded to Neutral from Sell at Goldman... Continental Resources (CLR) upgraded to Buy from Neutral at Global Hunter... Deutsche Telekom (DTEGY) upgraded to Buy from Neutral at Citigroup... DuPont (DD) upgraded to Buy from Hold at BGC Financial... First Horizon (FHN) upgraded to Outperform from Market Perform at Raymond James... Francesca's (FRAN) upgraded to Buy from Neutral at Buckingham... Guess (GES) upgraded to Neutral from Underperform at Buckingham... National CineMedia (NCMI) upgraded to Outperform from Market Perform at FBR Capital... Patterson-UTI Energy (PTEN) upgraded to Overweight from Equalweight at Capital One... SABMiller (SBMRY) upgraded to Neutral from Reduce at Nomura... Synovus (SNV) upgraded to Strong Buy from Outperform at Raymond James... Texas Capital (TCBI) upgraded to Buy from Hold at Wunderlich... VF Corp. (VFC) upgraded to Buy from Hold at KeyBanc... Zions Bancorp (ZION) upgraded to Strong Buy from Outperform at Raymond James.
08:09 EDTDDDuPont upgraded to Buy from Hold at BGC Financial
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07:09 EDTGMGeneral Motors to launch new Cadillac sedan next year, AP reports
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September 18, 2014
14:00 EDTDDAIFMercedes-Benz receives autonomous vehicle license from California
On 16 September 2014 the US federal state of California introduced a legal requirement for an official license for testing vehicles in autonomous driving mode on public roads. On "Senate Bill No. 1298" taking effect, Daimler's Mercedes-Benz received a corresponding license permitting it to test vehicles in autonomous driving mode in daily traffic on California's roads. Reference Link
13:37 EDTDDAIFDaimler anticipates sales to exceed 2.4M cars this year, WSJ says
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12:55 EDTDDDuPont upgraded by analyst after activist calls for spilt
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