New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For HON;DD;GM;DDAIF From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | all recent news | >>
October 1, 2014
16:23 EDTGMOn The Fly: Closing Wrap
Subscribe for More Information
12:37 EDTGMOn The Fly: Midday Wrap
Subscribe for More Information
11:26 EDTGMGeneral Motors President Ammann says has "onslaught" of new models coming
Subscribe for More Information
11:12 EDTGMGeneral Motors says expects European division to be profitable in 2016
Says has enough parts to fix ignition switches in recalled small cars. Says GM's joint ventures in China are planning to invest $14B from 2014-2018 to open five new vehicle- manufacturing plants and support sales of just under 5M vehicles annually. Says some brands "do not command the price they should." President Dan Ammann says industry going through "period of very profound change." Sees automotive industry changing more in the next 10 years than previous 50. Says wants Chevrolet to become a top 10 global brand. Says making strong margins in luxury sales. Says China's car market is maturing. Says will be in financing business in China in 2015.
10:52 EDTGMGM CEO says targeting profit margins of 9%-10% by early next decade
CEO Mary Barry says the automaker is targeting profit margins of 9%-10% on EBIT-adjusted basis by early next decade. Comments made on GM's 2014 global business conference call.
10:36 EDTGMGeneral Motors outlines 'customer-focused strategic plan'
Subscribe for More Information
10:32 EDTGMGeneral Motors reaffirms near-term financial targets
Subscribe for More Information
10:05 EDTGMGM reports September U.S. sales up 19.4% to 223,437 vehicles
Subscribe for More Information
09:56 EDTGMGeneral Motors reports September U.S. sales up 19.4%
Subscribe for More Information
09:06 EDTHONHoneywell announces DynAMo technology implemented in over 100 plans worldwide
Subscribe for More Information
08:12 EDTGMGeneral Motors to host business news update conference call
CEO Barra holds a two-part business news update conference call, with Part 2 being held on October 1 at 1:25 pm. Webcast Link
08:07 EDTGMGeneral Motors to host business news update conference call
Subscribe for More Information
September 30, 2014
19:55 EDTHONFAA orders replacement of 1,300 pilot displays on Boeing Jets, WSJ says
Subscribe for More Information
13:17 EDTGMGM suspends operations at Russia plant for third time, WardsAuto says
General Motors has suspended operations at its plant in St. Petersburg, Russia, for the third time this year due to the country's continuous decline in auto sales, WardsAuto reports. Production was suspended Septermber 29, and is planned to resume October 3. The plant plans to suspend operations for a fourth time from October 10 to October 27, WardsAuto added. Reference Link
11:44 EDTGMOptions with increasing implied volatility
Subscribe for More Information
08:25 EDTGMGeneral Motors weekly volatility elevated into CEO unveiling financial strategy
Subscribe for More Information
07:35 EDTHONStanford University, ANSYS and Honeywell join to develop simulation software
Subscribe for More Information
06:18 EDTGMGM CEO to unveil strategy to deliver profit, quality goals, WSJ reports
Subscribe for More Information
September 29, 2014
10:26 EDTGMReport says two more deaths connected to faulty GM switch, Reuters says
Subscribe for More Information
07:15 EDTDDNational Association of Business Economics to hold annual meeting
Subscribe for More Information
05:39 EDTHONHoneywell, Tata Power SED sign agreement for India defense industry
Subscribe for More Information
September 26, 2014
15:46 EDTGMOptions expected to be active next week
Subscribe for More Information
12:12 EDTGMGM says S&P upgrade to support expansion plans, Automotive News reports
S&P's upgrade of GM and its financing arm, GM Financial, will support GM's plans to expand GM Financial into new overseas markets, the company's CFO said, according to Automotive News. The expansion, in turn, will help the company sell more cars around the world and improve customer loyalty, the website quoted Stevens as saying. Reference Link
08:46 EDTGMIsuzu and General Motors agree to jointly develop next-gen midsize pickup
Isuzu Motors and General Motors signed a formal agreement to jointly develop a next-generation midsize pickup. Isuzu and GM previously developed two generations of pickups that have been popular in more than 100 countries around the world due to their strong performance, fuel efficiency and durability. The next-generation midsize pickup is expected to be sold in several major markets around the world. It will not be sold in the U.S. or Canada. Reference Link
September 25, 2014
16:37 EDTGMGM trades higher by 0.61% after S&P revises outlook to Stable
Subscribe for More Information
16:27 EDTGMS&P upgrades GM, GM Financial to 'BBB-', outlook stable
Subscribe for More Information
12:42 EDTGMFord executive sees 2015 U.S. auto sales between 16.8M-17.5M
Subscribe for More Information
07:39 EDTGMGM initiates first cash proposals to switch victims, Reuters says
Subscribe for More Information
06:52 EDTGMGM Canada falls in auto production to Chrysler Canada, The Globe and Mail says
General Motors (GM) of Canada is set to lose its title as the largest producer of vehicles in Canada this year as it may shut down assembly plants in Oshawa Ontario, reports The Globe and Mail. Fiat's (FIATY) Chrysler Canada has raced ahead of GM in vehicle production and stands at about 18,000 vehicles ahead in output through the end of August, outpacing GM in July and August. Reference Link
September 24, 2014
11:00 EDTDDAIFMercedes, Renault recall over 0.5M cars due to brake defects, Reuters says
Subscribe for More Information
07:43 EDTGMBarclays continues to favor General Motors over Ford
Despite significant underperformance year-to-date, Barclays continues to favor General Motors (GM) over Ford (F). The firm sees better upside for General Motors driven by North America margins, improvement opportunities in China and Europe, an attractive cash flow story, and a valuation less vulnerable to a market pullback. Barclays sees a positive Q4 trade in Ford investors get excited about the new F-150, China growth and a turnaround in Europe.
06:55 EDTGMGM names Massimilla cybersecurity chief, Reuters says
Subscribe for More Information
06:46 EDTGMGM aiming for China sales to exceed 3M vehicles in 2014, Reuters says
Subscribe for More Information
September 23, 2014
11:42 EDTGM 3D Systems rises after analyst reports 'unexpected' GM deal
Subscribe for More Information
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
Subscribe for More Information
07:30 EDTDDUBS to hold a conference
Subscribe for More Information
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
Subscribe for More Information
07:02 EDTGMJPMorgan prefers shares of GM and Ford to Tesla
Subscribe for More Information
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
Subscribe for More Information
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
Subscribe for More Information
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
Subscribe for More Information
07:09 EDTGMGeneral Motors to launch new Cadillac sedan next year, AP reports
Subscribe for More Information
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
Subscribe for More Information
12:55 EDTDDDuPont upgraded by analyst after activist calls for spilt
Subscribe for More Information
10:02 EDTGMGeneral Motors to recall 3,200 natural gas-fueled vans, WSJ reports
Subscribe for More Information
10:00 EDTDDOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:37 EDTDDDuPont break up no 'sure shot' for Trian, WSJ says
Subscribe for More Information
06:33 EDTDDDuPont upgraded to Overweight from Neutral at JPMorgan
Subscribe for More Information
06:18 EDTDDDuPont upgraded to Overweight from Neutral at JPMorgan
Subscribe for More Information
September 17, 2014
16:25 EDTDDOn The Fly: Closing Wrap
Subscribe for More Information
12:22 EDTDDOn The Fly: Midday Wrap
Subscribe for More Information
09:45 EDTDDDuPont trades higher after Trian Fund Management urges spin-offs
Subscribe for More Information
09:10 EDTDDOn The Fly: Pre-market Movers
Subscribe for More Information
09:03 EDTDDTrian requested one DuPont board seat this summer, CNBC reports
Subscribe for More Information
08:22 EDTDDDuPont issues statement regarding Trian
In response to the letter from Trian Fund Management sent earlier this morning, DuPont issued the following statement: "Our board of directors and management team have taken firm action over several years that has delivered 220 percent total shareholder return since year-end 2008, compared to 144 percent for the S&P 500 during the same period, by aggressively deploying our leading science across the company, strengthening and fine-tuning our portfolio, and through disciplined capital allocation. The board and management team remain committed to executing on our strategic plan to drive growth and profitability. The recently announced first phase of our redesign initiative to drive down costs by $1 billion and embed greater efficiencies, together with the separation of Performance Chemicals and our $5 billion share repurchase program, reflect our board and management's commitment to enhance value for all DuPont shareholders. DuPont welcomes open communications with shareholders and values input toward our common goal of enhancing shareholder value. We speak and meet with shareholders frequently, and while it is our policy not to comment on discussions with specific shareholders, we have had a constructive dialogue with Trian."
07:37 EDTGMEU car registrations up 2.1% in August, up 5.6% in July
The European Automobile Manufacturers Association reported new passenger car registrations were up by 5.6% in July and by 2.1% in August. Eight months into the year, demand for new cars amounted to 8,336,159 units, or 6.0% more than in the same period last year, the group noted. Publicly traded automakers include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).
07:26 EDTGMGM to cut supply, but not prices, as it seeks to revive Cadillac, WSJ says
Subscribe for More Information
07:00 EDTDDTrian Partners calls for further initiatives to optimize long-term value
Subscribe for More Information
06:53 EDTHON, DDWhite House says companies taking steps to reduce HFCs emissions
The Obama Administration yesterday announced new private sector commitments and executive actions to reduce emissions of hydroflourocarbons, or HFCs, powerful greenhouse gases that contribute to climate change, the Shite House stated. Coca-Cola (KO) has set a goal for 100 percent of its newly purchased cold drink equipment to be HFC-free, .while DuPont (DD),, announced that its new products are anticipated to reduce greenhouse gas content of refrigerants by some 90M tons carbon dioxide equivalent in the U.S., and 245M tons worldwide by 2025, the White House noted. Honeywell (HON) plans to transition the majority of its high-GWP HFC production to new low-GWP production, while Johnson Controls (JCI) committed to using the lowest GWP option for each application that best fits the needs of its customers from the standpoint of safety, efficiency, reliability, availability, and economy, according to the White House Johnson Controls also commits to spend $50M over the next three years to develop new products and improve and expand its existing low-GWP portfolio.
06:51 EDTDDTrian Partners says DuPont should separate into GrowthCo and CyclicalCo/CashCo
Subscribe for More Information
06:06 EDTDDTrian Partners says DuPont's structure 'destroying shareholder value'
Trian Fund Management, L.P., whose investment funds beneficially own approximately $1.6B of the outstanding shares of DuPont, said it has sent a letter to the bomard analyzing how DuPontís conglomerate structure is destroying shareholder value. The letter and accompanying White Paper Summary also detail initiatives DuPont should take that Trian believes could significantly improve DuPontís financial performance and double the value of its common stock within three years. Trian plans to meet with DuPont shareholders to present its analysis and strongly recommends that the DuPont Board meet shareholders without management present to hear their views. In the letter, Trian said, "While we applaud the announced spin-off of Performance Chemicals, the Fresh Start initiative and the $5 billion share buyback authorization, we believe strongly that, by themselves, these moves are not enough to optimize shareholder value. We would have preferred to continue working privately with management and the Board, but it is now clear that the Board is not willing to hold management accountable for continuing underperformance and repeated failures to deliver promised revenue and earnings targets. Therefore, we can no longer be silent as DuPont continues to struggle to execute what we are convinced is a flawed business plan, especially as we have a solution that we believe could double the value of DuPontís shares over the next three years."
05:58 EDTDDTrian wants DuPont to spin off agriculture, nutrition units, WSJ reports
Subscribe for More Information
<< 1 | 2 | 3 | 4 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use