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Stock Market & Financial Investment News

News Breaks
January 21, 2014
05:52 EDTVLKAY, NXPINXP Mantis CAN tranceivers approved by Volkswagen for chokeless use in vehicles
NXP Semiconductors (NXPI) announced that Volkswagen (VLKAY) has approved Mantis for use in its vehicles without the need for a common-mode choke, enabling significant system cost savings in applications. With increasing functions being introduced into the car, the performance of a modern IVN becomes increasingly critical to the vehicle's safe and reliable operation, with electro-magnetic emission and immunity against electro-magnetic interference being critical parameters to control. Automotive manufacturers define strict specifications which all transceivers must adhere to before being approved for use in the vehicle. Traditionally, a common-mode choke has been required to reach the performance limits in the application, creating an additional cost of approximately 10c-15c per module.
News For NXPI;VLKAY From The Last 14 Days
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April 23, 2014
20:03 EDTNXPINXP Semiconductors sees Q2 EPS $1.00-$1.10, consensus $1.02
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20:02 EDTNXPINXP Semiconductors reports Q1 EPS 98c, consensus 91c
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15:41 EDTNXPINotable companies reporting after market close
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06:50 EDTVLKAYVW up against rising Scania offer opposition from Alecta, Bloomberg says
Volkswagen is up against increasing opposition to its $9.3B offer for the rest of heavy-truck manufacturer Scania after the company's third-largest shareholder, Sweden's Alecta, rejected the bid, according to Bloomberg, citing comments on the Swedish shareholder's website. Reference Link
April 22, 2014
06:53 EDTVLKAYUAW abandons challenge to vote lost at VW Tennessee factory, Bloomberg says
The United Auto Workers abandoned its challenge to a February vote in which Volkswagen employees in Tennessee declined representation, which crushed one of labor’s best attempts at organizing a foreign-owned vehicle manufacturing plant in the U.S, according to Bloomberg, citing comments UAW president Bob King. King said, “The UAW is ready to put February’s tainted election in the rearview mirror and instead focus on advocating for new jobs and economic investment in Chattanooga." Reference Link
April 21, 2014
13:18 EDTNXPINXP Semiconductors management to meet with SunTrust
Meeting to be held in Boston on April 25 hosted by SunTrust.
08:15 EDTVLKAYVW manager says company agrees to budget vehicle concept, Reuters says
Volkswagen has agreed to the basic concept and design of a budget car for emerging markets, which brings the project's completion a step closer after a long battle to meet expense goals for the car, according to Reuters, citing comments from a company manager. Reference Link
April 20, 2014
17:02 EDTVLKAYVolkswagen looks to sell more than 3.5M vehicles in China in 2014, WSJ says
Volkswagen is targeting sales of more than 3.5M vehicles in China this year, says the Wall Street Journal. China accounted for more than one-third of global deliveries in 2013 for the German carmaker, added the Wall Street Journal. Reference Link
April 17, 2014
08:10 EDTVLKAYJapanese, German car manufacturers benefiting on Korea deal, Reuters says
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07:58 EDTVLKAYEU vehicle sales turnaround fails to stop price war, Reuters says
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06:13 EDTVLKAYVolkswagen may decide soon on U.S. SUV, WSJ reports
Michael Horn, the head of Volkswagen's American operations, says a decision on whether the company will make a new SUV in the U.S. could come within the next several months, the Wall Street Journal reports. Reference Link
April 11, 2014
12:42 EDTNXPIOn The Fly: Analyst Initiation Summary
ASML (ASML) initiated with a Cautious at ISI Group... Analog Devices (ADI) initiated with a Buy at ISI Group... Applied Materials (AMAT) initiated with a Strong Buy at ISI Group... Aruba Networks (ARUN) initiated with a Buy at SunTrust... Broadcom (BRCM) initiated with a Neutral at ISI Group... CSX (CSX) initiated with an Outperform at Macquarie... Cisco (CSCO) initiated with a Buy at SunTrust... F5 Networks (FFIV) initiated with a Neutral at SunTrust... Genesee & Wyoming (GWR) initiated with a Neutral at Macquarie... Intel (INTC) initiated with a Neutral at ISI Group... Juniper (JNPR) initiated with a Buy at SunTrust... KLA-Tencor (KLAC) initiated with a Neutral at ISI Group... Lam Research (LRCX) initiated with a Strong Buy at ISI Group... Linear Technology (LLTC) initiated with a Cautious at ISI Group... Maxim Integrated (MXIM) initiated with a Neutral at ISI Group... Micron (MU) initiated with a Strong Buy at ISI Group... NVIDIA (NVDA) initiated with a Neutral at ISI Group... NXP Semiconductors (NXPI) initiated with a Strong Buy at ISI Group... Qualcomm (QCOM) initiated with a Strong Buy at ISI Group... Riverbed (RVBD) initiated with a Neutral at SunTrust... SanDisk (SNDK) initiated with a Neutral at ISI Group... Teradyne (TER) initiated with a Buy at ISI Group... Texas Instruments (TXN) initiated with a Neutral at ISI Group... Trulia (TRLA) initiated with a Neutral at Susquehanna... Union Pacific (UNP) initiated with a Neutral at Macquarie... Zillow (Z) initiated with a Positive at Susquehanna... Flamel Technologies (FLML) initiated with a Buy at Roth Capital... Parker Drilling (PKD) initiated with an Accumulate at Tudor Pickering.
11:02 EDTVLKAYVolkswagen says delivered 2.4M vehicles in Q1
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07:31 EDTVLKAYChina auto sales growth slowed in March, WSJ reports
The China Association of Automobile Manufacturers said 1.71M passenger vehicles were sold there in March, which was up 7.9% from a year earlier but a slower growth rate than the 11% year-over-year increase seen in the January-to-February period, reported The Wall Street Journal. The association cited weak sales of minivans, which fell 23% in the month, as a large factor, the report noted. Publicly traded automakers include Ford (F), General Motors (GM), Fiat (FIATY), Honda (HMC), Toyota (TM), Nissan (NSANY) and Volkswagen (VLKAY). Reference Link
06:40 EDTVLKAYGM surpasses VW in Q1 China sales, Bloomberg says
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April 10, 2014
16:09 EDTNXPINXP Semiconductors initiated with a Strong Buy at ISI Group
Target $85.
06:32 EDTVLKAYAutomakers have recalled nearly 15M vehicles since start of year, WSJ reports
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