New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 23, 2014
14:09 EDTNSANY, HMC, TM, RIO, AAAsian auto makers reluctant to adop aluminum, Automotive News says
Asian automakers are reluctant to begin utilizing aluminum in their cars on a major scale, due to the high costs of changing existing manufacturing processes and supplier relationships, according to Automotive News. Publicly traded Asian automakers include Honda (HMC), Nissan (NSANY), and Toyota (TM). Rio Tinto (RIO) and Alcoa (AA) are major aluminum miners. Reference Link
News For NSANY;HMC;TM;RIO;AA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
October 27, 2014
14:37 EDTTM, HMCToyota tops Consumer Reports survey, Reuters says
Subscribe for More Information
11:11 EDTHMCHonda recalling CR-V, Brio, Amaze vehicles in India, Times of India reports
Honda is recalling 2,338 CR-V, Brio and Amaze vehicles in India, the Times of India reports. The vehicles, manufactured between September 2011 and July 2014, are being recalled to replace a faulty part related to airbags. Reference Link
10:00 EDTAAOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
06:40 EDTHMC, TM, NSANYTakata mulls $19M-$28M charge to cover airbag recall expense, Reuters says
Subscribe for More Information
06:17 EDTTMToyota leads over Volkswagen and GM in global vehicle sales, AP reports
Toyota (TM) continues to lead rivals Volkswagen (VLKAY) and General Motors (GM) as the world's top selling automaker in the first nine months of the year, reports the Associated Press. Toyota reported record sales of 7.62M vehicles, up 3% from last year. Volkwager said earlier this month it sold 7.4M vehicles in the nine-month period while GM reported 7.37M cars and trucks worldwide in the same period. Reference Link
05:44 EDTAAAlcoa upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded Alcoa to Buy citing the turnaround in the company's upstream Primary smelting business following the company's Q3 results. Deutsche raised its price target for shares to $20 from $16. The stock closed Friday up 31c to $16.55.
October 24, 2014
18:25 EDTTMToyota won't seek price concessions from parts suppliers Nikkei says
Subscribe for More Information
06:29 EDTHMC, TMHonda Mobilio zeros in on Toyota's domain in Indonesia, Reuters says
Subscribe for More Information
October 23, 2014
16:16 EDTAAAlcoa to sell ownership stake in Mt. Holly Smelter to Century Aluminum
Alcoa (AA) announced that it has reached an agreement to sell its ownership stake in the Mt. Holly aluminum smelter in Goose Creek, South Carolina, to Century Aluminum Company (CENX) for $67.5M in cash, plus an additional potential earn-out. Mt. Holly is owned 50.3% by Alcoa and 49.7% by Century. The sale is subject to customary regulatory approvals, and is expected to close by the end of Q4. Based on current estimates, the transaction will not result in a significant gain or loss to Alcoa.
16:09 EDTAACentury Aluminum to acquire full ownership of Mt. Holly Smelter for $67.5M
Century Aluminum Company (CENX) announced that its wholly owned subsidiary has entered into a definitive agreement to acquire Alcoa's (AA) 50.3% stake in the Mt. Holly aluminum smelter. Mt. Holly, located in Berkeley County, South Carolina, employs approximately 600 people and has an annual production capacity of 229,000 metric tons of primary aluminum. Following the closing of the transaction, Century will own 100% of Mt. Holly. Pursuant to the terms of the agreement, Century will acquire Alumax of South Carolina, a subsidiary of Alcoa and owner of Alcoa's 50.3% interest in Mt. Holly, for $67.5M in cash less certain amounts owed by Alumax to Mt. Holly and subject to working capital and other similar adjustments. The transaction is expected to close in Q4 and is subject to customary closing conditions.
13:11 EDTTMToyota sold Tesla shares, partnership ties reduced, Nikkei says
Subscribe for More Information
07:58 EDTHMC, NSANY, TMAutomakers under increased scrutiny after wide ranging air bag recall, WSJ says
Subscribe for More Information
06:58 EDTHMCHonda volatility elevated into Q2 and outlook
Honda November call option implied volatility is at 31, December is at 24, January is at 23; compared to its 26-week average of 21 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on October 28.
06:37 EDTHMCHonda president, 12 execs take wage reduction after Fit recall, Reuters says
Subscribe for More Information
06:32 EDTNSANYNissan issues worldwide recall for 260K cars for Takata airbags, Reuters says
Subscribe for More Information
06:27 EDTRIORio Tinto extends tenure of CEO Sam Walsh, CFO Chris Lynch
Subscribe for More Information
October 22, 2014
11:33 EDTTMToyota exec aims to keep Takata despite airbag defect, Reuters says
Subscribe for More Information
06:24 EDTNSANY, TM, HMCNHTSA says over 6M cars involved in Takata airbag recalls
Subscribe for More Information
October 21, 2014
08:12 EDTNSANYNissan selects Hertz as exclusive mobility partner
Subscribe for More Information
October 20, 2014
10:32 EDTTMToyota recalls 247K vehicles equipped with faulty Takata air bags
Toyota Motor Sales, U.S.A. announced plans to conduct a supplemental safety recall of approximately 247,000 Toyota Corolla, Matrix, Sequoia, Tundra and Lexus SC vehicles produced from 2001 to 2004 and equipped with front passenger airbag inflators supplied by Takata Corporation. This action intensifies Toyota’s efforts to reach customers and remedy previously recalled vehicles, and a small number of newly included vehicles, in certain geographic areas that appear to warrant immediate action, based on testing by the supplier. Reference Link
1 | 2 | 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