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Stock Market & Financial Investment News

News Breaks
January 21, 2014
05:52 EDTNXPI, VLKAYNXP 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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July 23, 2014
20:03 EDTNXPINXP Semiconductors sees Q3 EPS $1.25-$1.35, consensus $1.18
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20:01 EDTNXPINXP Semiconductors reports Q2 EPS $1.09, consensus $1.06
Reports Q2 revenue $1.35B, consensus $1.33B.
15:30 EDTNXPINotable companies reporting after market close
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07:25 EDTVLKAYVW head addresses German employees regarding cost reductions, Reuters says
Volkswagen CEO Martin Winterkorn is planning to address workers at the car maker's largest facility in Germany as he aims to win their support for cost reductions at the firm's core VW brand, according to Reuters, citing two company sources. Winterkorn is aiming to reduce costs by $6.74B each year to streamline work processes at all levels of the brand. Reference Link
07:20 EDTVLKAYFiat head says VW tie-up never an option, Reuters says
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July 22, 2014
07:02 EDTNXPINXP Semi has positive read through from Texas Instruments, says Sterne Agee
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July 21, 2014
14:21 EDTNXPIEarnings Preview: Analysts optimistic on TI ahead of Q2 report
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July 17, 2014
07:50 EDTVLKAYBiggest Fiat stakeholder denies possible VW acquisition, Bloomberg says
Fiat's (FIATY) largest stakeholder, the Agnelli family, said that there were no talks regarding a merger between the Italian car manufacturer and Volkswagen (VLKAY), according to Bloomberg, citing a spokesman for Exor, the Agnelli family's investment firm. Exor owns 30% of Fiatís shares and was responding to a report by Germanyís Manager Magazin. Reference Link
06:44 EDTVLKAYReport says VW in talks to buy Fiat, Reuters says
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July 15, 2014
09:14 EDTVLKAYVW CEO aiming for $6.8B in savings to boost profitability, Bloomberg says
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07:57 EDTVLKAYVolkswagen says new midsize SUV to be produced in Chattanooga, TN
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06:27 EDTVLKAYAutomakers backing U.S.-EU trade deal, NY Times reports
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July 14, 2014
09:18 EDTNXPINXP Semiconductors to benefit from EMV proliferation, says Sterne Agee
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09:16 EDTVLKAYVolkswagen poised to invest $900M in Tennesee facility, WSJ says
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08:07 EDTNXPINXP Semiconductors should be bought ahead of results, says Pacific Crest
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06:31 EDTVLKAYVolkswagen expected to unveil details of new SUV for U.S. market, WSJ reports
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July 11, 2014
06:37 EDTVLKAYUnion creates branch for employees at VW facility, Reuters says
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July 10, 2014
06:34 EDTVLKAYChina exempts new energy cars from sales tax, Xinhua reports
China announced yesterday that new energy cars would be exempt from a 10% sales tax starting in September, according to Xinhua. The tax will not have to be paid by buyers of qualified pure electric cars, plug-in hybrid electric cars and fuel cell cars from September 1, 2014 until the end of 2017, the news service quoted the Chinese government as saying. Tesla (TSLA), Volkswagen (VLKAY), and Kandi Technologies (KNDI) are among the companies that are poised to benefit from the decision. Reference Link

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