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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
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July 29, 2014
07:51 EDTTMToyota urged to recall Camry Hybrid by Consumer Reports
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06:37 EDTNSANYNissan anticipates Takata to compensate all recall-related costs, Reuters says
Nissan's corporate vice president Joji Tagawa said that he expects Takata to compensate the car manufacturer for all expenses having to do with the recent air bag recall, according to Reuters, citing comments from Tagawa. Tagawa did not say the exact costs linked to the recall. Reference Link
July 28, 2014
06:04 EDTTMNHTSA closes Toyota Prius defect petition review
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05:56 EDTNSANYNissan reaffirms FY14 net income outlook $4.05B
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05:55 EDTNSANYNissan reports Q1 net income up 37% to $1.10B
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July 27, 2014
19:00 EDTNSANYNissan recalls additional vehicles over airbag, WSJ says
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July 23, 2014
06:13 EDTRIORio Tinto says Chinese demand for iron ore 'strong,' Daily Telegraph says
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July 22, 2014
16:00 EDTAAOptions Update; July 22, 2014
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July 21, 2014
11:57 EDTNSANYChinese electric vehicle maker Kandi surges after tax break news
Shares of Chinese electric car maker Kandi Technologies (KNDI) are surging after a Chinese newspaper reported that electric cars made outside of China would not qualify for a key tax break in the country. WHAT'S NEW: A key sales tax will not be waived on purchases of electric cars made outside of China, said Su Bo, China's vice-minister of the Industry and Information Technology Ministry, according to China Daily. Buyers of electric vehicles made in China will not have to pay a purchase tax from September 1, 2014 until the end of 2017, China Daily stated. WHAT'S NOTABLE: Tesla Motors (TSLA), Nissan (NSANY) and GM (GM) have all sought to sell electric vehicles in China. PRICE ACTION: In late morning trading, Kandi Technologies' stock rose $1.66, or 8.5%, to $21.28. The shares are well off their high for the day of $22.22, but they have surged 80% so far this year. Tesla shares, which had spent some of the morning in slightly negative ground, were up about 1% near $222 per share just before noon.
06:58 EDTNSANYForeign electric cars won't qualify for Chinese tax break, China Daily says
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06:07 EDTNSANYNissan to introduce self-parking cars by 2016, Detroit News reports
Nissan is planning to introduce self-parking cars by 2016, the Detroit News reports. The feature, which will be available along with technology enabling cars to self-navigate congested highway, on a wide range of vehicles, CEO Carlos Ghosn says. Reference Link
July 18, 2014
18:21 EDTTMToyota to launch pricier compact in India, Nikkei reports
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15:23 EDTNSANY, TM, HMCJapan to provide generous subsidies for fuel cell vehicles, Nikkei says
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July 17, 2014
16:13 EDTAAHP appoints Whitman Chairman, Alcoa's Kleinfeld joins board
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09:40 EDTAAActive equity options trading on open
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July 16, 2014
18:33 EDTNSANYNissan releases ultralow-budget car in China, Nikkei reports
Nissan Motor released an ultralow-budget passenger car in China to compete directly with local automakers, Nikkei reports. Reference Link
09:29 EDTHMCHonda India unit issues recall for 1,338 vehicles, Reuters says
Honda's India division issued a recall for 1,338 vehicles in the country to implement a preventive replacement of the passenger side air bag inflator, according to Reuters, citing an emailed statement from the automobile manufacturer. Reference Link
06:35 EDTHMCAcura aims for boost from new TLX vehicle in U.S., Bloomberg says
Honda’s U.S. senior vice president who leads the Acura brand, Mike Accavitti, said the brand has scrambled to raise U.S. deliveries amid competition from larger luxury vehicles and expects it to experience quicker growth starting in August with the arrival of the new mid-size TLX, according to Bloomberg, citing comments from Accavitti. Reference Link
05:15 EDTRIORio Tinto raises FY14 thermal coal production outlook to 17.5M tonnes
The company's previous thermal coal production guidance was 16.7M tons. This follows a change in the production profile to produce additional higher margin thermal coal from a processing plant by-product stream at Hail Creek. As a result of this change and lower than expected production during the ramp up at Kestrel, Australian hard coking coal production has decreased to 7.4M tonnes, previously 8.2M tonnes. Semi-soft coking coal production guidance remains unchanged at 3M tonnes.Rio Tinto’s share of uranium production across Rössing and ERA in 2014 is expected to be between 4.3M-5.1M pounds. This follows operational changes at Rössing in response to current market conditions. Progression to full processing capacity at ERA is anticipated in Q3. Reference Link
05:11 EDTRIORio Tinto reports Q2 global iron ore production up 11% to 73.1M tons
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