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Stock Market & Financial Investment News

News Breaks
July 7, 2014
06:39 EDTNSANY, F, BAMXY, TM, MZDAF, HMC, FIATYMazda recalls 42K China vehicles due to Takata air bag problem, Reuters says
Mazda will recall over 42K vehicles made in China after the company discovered problems with air bags supplied by Takata, according to Reuters, citing a China-based spokesman for the car manufacturer. Ford (F), Chrysler (FIATY), Toyota (TM), Nissan (NSANY), Honda (HMC) and BMW (BAMXY) have already issued recalls for the same problem with Takata's air bags. Reference Link
News For MZDAF;F;FIATY;TM;NSANY;HMC;BAMXY From The Last 14 Days
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August 31, 2015
17:41 EDTF, BAMXYTencent-backed group to develop Tesla rival, Reuters says
A group of Chinese internet firms and investors including Tencent (TCEHY) and JD.com (JD) founder Richard Liu are backing an effort to create NextEV, an electric vehicle project meant to rival Tesla (TSLA), reports Reuters. The group has hired ex-Ford (F) executive Martin Leach as well as former Volkswagen (VLKAY), BMW (BAMXY), and Tesla employees "to build a global automaker," a spokesperson told the publication. Reference Link
07:07 EDTFFord to host sales conference call
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August 30, 2015
12:33 EDTFDividend-rich blue chips look attractive amid market volatility, Barron's says
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August 28, 2015
06:17 EDTBAMXYGerman car makers take hit in China, WSJ reports
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August 26, 2015
16:36 EDTFFord considering return of Bronco, Ranger to U.S., Bloomberg says
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16:26 EDTTM, HMC, BAMXY, F, NSANYMajor automakers sued over allegedly 'deadly' keyless technology, Reuters says
A number of automakers have been named in a lawsuit alleging that keyless ignition technology can lead to "deadly" results due to carbon monoxide poisoning from cars left running under the belief that engines will automatically switch off, reports Reuters. Defendants include General Motors (GM), Ford (F), Fiat Chrysler (FCAU), Honda (HMC), Hyundai (HYMLF), Nissan (NSANY), Toyota (TM), Volkswagen (VLKAY), BMW (BAMXY), and Daimler's (DDAIF) Mercedes Benz, said Reuters. According to the plaintiffs, the carmakers had "actual knowledge" of the so-called risks and could have prevented 13 deaths and numerous injuries. Reference Link
13:42 EDTTM, NSANY, F, HMCTrueCar says 'on plan' to hit 17.2M U.S. vehicle forecast for 2015
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13:19 EDTNSANY, F, HMC, TMTrueCar says daily auto sales pace up 0.9% for August, with 17.4M SAAR
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09:25 EDTFOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Abercrombie & Fitch (ANF), down 15.1%... Express (EXPR), up 9.8%... Frontline (FRO), up 10.4%... Chico's FAS (CHS), up 9.3%. ALSO HIGHER: Oshkosh (OSK), up 11.9% after being awarded a $6.7B contract by the U.S. Army... EMC Corporation (EMC), up 5.8% after Re/code reported that the board is considering a VMware (VMW) downstream merger proposal... Google (GOOG), up 4.6% after being upgraded to Conviction Buy from Neutral at Goldman... Ford (F), up 2.4% after Bloomberg reported that the company is considering returning production of Bronco and Ranger to the U.S. NOTABLE: Cameron International (CAM), up 45.4% after announcing that it will be acquired by Schlumberger (SLB). Schlumberger is down 1.9%. LOWER: WisdomTree (WETF), down 3.6% after being downgraded to Sell from Buy at Citi... Transocean (RIG), down 3.4% after proposing to cancel Q3 and Q4 dividends.
09:21 EDTFFord considering returning production of Bronco, Ranger to U.S., Bloomberg says
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06:48 EDTTMToyota to restart operations at Tianjin plants Thursday, Reuters reports
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August 25, 2015
12:08 EDTFOptions with increasing volume: EXC POM MDLZ EWJ WBA MW F KMI
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06:44 EDTBAMXYArcelorMittal finds success in Northern France plant, WSJ reports
ArcelorMittal (MT) has found improbable success investing heavily in Europe, particularly in rust belt Northern France, the Wall Street Journal reports. The company's most profitable business unit is located in Northern France, and the European Union is still the globe's most prestigious automotive market, where companies such as Audi (AUDVF) and BMW (BAMXY) make nearly a trillion dollars worth of cars a year, the report says, meaning higher demand for locally produced steel. Reference Link
06:32 EDTTMToyota tests possible alternatives to Takata air bag inflators, Reuters reports
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August 24, 2015
16:00 EDTFOptions Update; August 24, 2015
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13:42 EDTTMToyota to halt Prius production in Thailand, Nikkei Asian Review reports
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August 23, 2015
17:32 EDTTMToyota extends Tianjin production shutdown through August 26, Bloomberg says
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August 21, 2015
18:42 EDTHMCNHTSA launches probe into 2008 Honda Accord air bag controller, Reuters says
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10:02 EDTHMCHome Depot, Honda Power Equipment expand supply partnership
Honda Power Equipment, a division of American Honda Motor Co. (HMC), and marketer of a comprehensive range of outdoor power equipment, announced today the expansion of its partnership with The Home Depot (HD). Beginning September 1, a number of Honda generator models will be sold at The Home Depot's top 300 U.S. PRO Desk locations, a specialized area of the store dedicated to the product and service needs of the professional contractor.
06:14 EDTTMToyota to purchase air bag inflators from Nippon Kayaku, Reuters reports
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