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News For DDAIF;HON;GM;DD From The Last 14 Days Check below for free stories on DDAIF;HON;GM;DD the last two weeks. |
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| May 17, 2013 |
| 10:17 EDT |  | GM | GM jumps above IPO level after CLSA boosts rating
Shares of GM (GM) are advancing after CLSA analyst Emmanuel Rosner upgraded the stock to Buy from Underperform in a note to investors earlier today. WHAT'S NEW: GM should benefit from improved profitability in North America in the second half of 2013 and 2014, reduced losses in Europe, and stabilized profit margins in China, Rosner wrote. In North America, the automaker's profitability should be boosted by higher prices in the second half of this year, and by the full rollout of its K2XX trucks in 2014, the analyst believes. GM's first quarter results in Europe indicated that it is "making encouraging progress in reducing losses" there, the analyst wrote. As a result, he has increased confidence that GM Europe's loss will drop to about $1B this year from $1.9B last year. In China, GM's emphasis on the Cadillac should enable the company to keep its margins, which had been in a downward trend, from falling this year, the analyst contended. Rosner has a $48 price target on GM's stock. TODAY'S PRICE ACTION: In early trading, GM rose 60c, or 1.9%, to $33. WHAT'S NOTABLE: GM's IPO price was $33, and the stock has reached that level again today. |
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| 10:07 EDT |  | GM | On The Fly: Analyst Upgrade Summary
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| 07:39 EDT |  | DDAIF | EU auto sales move into posiitve teritory, FT reports
Auto sales in the European Union in April ended an 18-month losing streak, as hopes are raised that the market’s decline in the continent had finally begun to slow, reports the Financial Times. New registrations in the EU were up 1.7% compared with the same month a year ago, helped by gains in the German and U.K. markets, Europe’s largest by sales.Reference Link |
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| 05:39 EDT | | GM | General Motors upgraded to Buy from Underperform at CLSA
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| May 16, 2013 |
| 05:55 EDT | | GM | Pickup truck sales are booming, WSJ reports
Pickup truck buyers are no longer on the sidelines as they return to dealer showrooms, offering millions of dollars in profit and potentially lifelong brand loyalty to Ford (F), GM (GM) or Chrysler Group (FIATY) and rivals, reports the Wall Street Journal. Sales of large pickups are up 20% for the first four months of this year compared with a year ago, bigger gains than in small cars or midsize cars, according to Autodata CorpReference Link |
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| May 14, 2013 |
| 13:38 EDT | | GM | Ford, GM get high marks in consumer survey, Automotive News says
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| 10:32 EDT | | GM | GM to source small cargo vehicle from Nissan for U.S., Canada markets
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| 10:20 EDT |  | DDAIF | Daimler AG management to meet with JPMorgan
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| 07:23 EDT | | HON, DD | Oppenheimer to host a summit
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| 07:00 EDT | | GM | GM to spend $258M on new proving ground data center, Detroit News says
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| 06:12 EDT | | DD | Syngenta and DuPont announce technology license agreement
Syngenta (SYT) and DuPont (DD) announced technology licensing agreements that will broaden each company's crop protection product portfolio and enable both to bring new products to market more efficiently. Syngenta has obtained a global license from DuPont to develop products containing DuPont's fungicide oxathiapiprolin. Under the agreements, Syngenta receives exclusive rights for foliar and soil uses on all crops in North America and for lawn and garden uses globally. Syngenta also secures rights on certain crops for seed treatment globally and for the development of foliar and soil uses on certain crops outside of North America. The agreement gives DuPont exclusive access to Syngenta's Solatenol for mixture with DuPont's picoxystrobin fungicide on soybean and other crops in Brazil. Solatenol is a new benz-pyrazole SDHI fungicide which brings a new mode of action with no cross-resistance to existing fungicides. It offers outstanding and long-lasting control of Asian rust in soybean. |
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| 06:12 EDT | | DDAIF, GM | Audi sales growth surges in China, Bloomberg reports
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| May 13, 2013 |
| 09:01 EDT | | HON | Honeywell awarded $72.4M contract from U.S. Army
Honeywell has won a three-year, $72.4M maintenance and training contract from the U.S. Army for Total Package Fielding Army Modernization Training to provide mission-capable vehicles and requisite training to safely operate and maintain heavy tactical vehicles. The award is a component of the ongoing support that Honeywell Technology Solutions has been providing to the Heavy Tactical Wheeled Vehicles Program for over 18 years. Heavy Tactical is part of the U.S. Army Tank-automotive and Armaments Command Heavy Tactical Vehicles Program Manager under the TACOM Transportation Systems Program Executive Office. |
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| 06:54 EDT | | GM | NHTSA opens preliminary investigation into over 100K Corvettes, Detroit News says
A reports from early Saturday morning explained that the National Highway Traffic Safety Administration, or NHTSA, has opened a preliminary investigation regarding faulty headlights on about 103K 2005-2007 Chevrolet Corvettes, reports Detroit News. Reference Link |
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| 06:40 EDT | | GM | General Motors invests $200M to update NY, NJ, CA dealerships, Detroit News says
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| May 11, 2013 |
| 13:13 EDT | | GM | Western car makers losing ground in India, WSJ says
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| May 10, 2013 |
| 10:15 EDT | | DD | Gevo confirms temporary dismissal of lawsuit against Butamax, DuPont
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| May 9, 2013 |
| 06:09 EDT | | GM | China passenger vehicle sales rose 13% in April, Bloomberg reports
In China, passenger vehicle sales jumped 13% in April as demand rose for new models, reports Bloomberg. Wholesale deliveries of cars, multipurpose and SUVs increased to 1.44M units, according to the state-backed China Association of Automobile Manufacturers.Reference Link |
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| 05:59 EDT | | GM | GM: Most Silverado truck sales this year will be older model, Bloombeg reports
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| May 8, 2013 |
| 18:02 EDT | | DD | DuPont, OCP announce joint venture
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