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Stock Market & Financial Investment News

News Breaks
May 29, 2014
06:55 EDTAUDVF, BAMXY, HYMLFHyundai reveals sedans in South Korea to rival BMW, Audi, Reuters says
On the night before the Busan Motor Show, Hyundai (HYMLF) revealed two new sedans manufactured for its home South Korean market to take on increasing imports from rivals such as BMW (BAMXY) and Audi (AUDVF), according to Reuters, citing comments from Hyundai domestic sales executive Kim Sang-dae. Reference Link
News For HYMLF;BAMXY;AUDVF From The Last 14 Days
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August 2, 2015
19:11 EDTBAMXY, AUDVFGerman auto group to buy Nokia mapping unit for $3.2B, Reuters says
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16:14 EDTBAMXYApple CEO toured BMW electric vehicle factory, Reuters says
Apple (AAPL) CEO Tim Cook and other senior executives travelled to BMW (BAMXY) headquarters last year and toured its Leipzig factory to gather data on electric car manufacturing, reports Reuters, citing two sources familiar with the matter. Collaboration talks ended without a definite conclusion because Apple appeared to want to pursue its own car development, said one the sources. Reference Link
July 31, 2015
11:22 EDTAUDVF, BAMXYGerman luxury auto group close to $3B deal for Nokia's HERE, Bloomberg says
A group of German luxury car makers including BMW (BAMXY), Mercedes-Benz parent Daimler (DDAIF), and Audi (AUDVF) are close to an agreement to purchase Nokia's (NOK) digital-maps business HERE for roughly $3B, Bloomberg reports, citing people familiar with the matter. An official announcement may come as soon as Monday, the report says. Reference Link
July 27, 2015
07:49 EDTBAMXYApple said to talk with BMW about electric car project, MacRumors reports
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July 26, 2015
19:22 EDTBAMXY, AUDVFBaidu CEO 'still interested' in Nokia map unit, Re/code says
In a Re/code interview published Friday afternoon, Baidu (BIDU) CEO Robin Li remarked that the company is "still interested" in Nokia's (NOK) HERE mapping unit. When asked about potential partners, Li commented, "I cannot say too much about it because itís not a done deal." Note that earlier media reports have suggested Nokia is or was leaning towards selling HERE to a group of German luxury car makers including Daimler (DDAIF), BMW (BAMXY), and Volkswagen's (VLKAY) Audi (AUDVF). Reference Link
July 21, 2015
06:42 EDTBAMXY, AUDVFNokia close to selling HERE to German auto makers, Bloomberg reports
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