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Stock Market & Financial Investment News

News Breaks
January 16, 2014
08:31 EDTP, FIATYPandora says Chrysler joins as automotive brand partner
Pandora (P) will be available on the all new 2015MY Chrysler 200, through the vehicle’s Uconnect Access Via Mobile service, debuted by Chrysler Group (FIATY) at the 2014 NAIAS in Detroit. Pandora is also available in other vehicles made by brands owned by Chrysler Group, including the 2014 Dodge Durango, 2014 Jeep Cherokee, 2014 Jeep Grand Cherokee, 2014 Jeep Grand Cherokee SRT, 2013 & 2014 Ram 1500 and SRT Viper.
News For P;FIATY From The Last 14 Days
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September 25, 2014
13:30 EDTFIATYChrysler recalls over 349K vehicles due to ignition key defect
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12:42 EDTFIATYFord executive sees 2015 U.S. auto sales between 16.8M-17.5M
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06:52 EDTFIATYGM Canada falls in auto production to Chrysler Canada, The Globe and Mail says
General Motors (GM) of Canada is set to lose its title as the largest producer of vehicles in Canada this year as it may shut down assembly plants in Oshawa Ontario, reports The Globe and Mail. Fiat's (FIATY) Chrysler Canada has raced ahead of GM in vehicle production and stands at about 18,000 vehicles ahead in output through the end of August, outpacing GM in July and August. Reference Link
September 24, 2014
07:57 EDTFIATYRyder selected by Chrysler Mexico
Ryder (R) announced it has been selected by Chrysler Mexico to manage a cross dock operation at the Port of Altamira, feeding parts from an overseas supplier to Chrysler’s manufacturing assembly plant in Mexico. Ryder is responsible for receiving sea containers from two Italian consolidation centers, facilitating the customs process and transloading the shipments into trailers for delivery to the plant. Ryder will use its engineering knowledge to optimize the trailer loads, resulting in reduced transportation spend for Chrysler. Ryder’s services are supported by an EDI technology that connects Ryder, Chrysler, and the supplier. This system enables Ryder to share information with customs brokers, transportation partners, and the Chrysler assembly plant, improving visibility and ensuring quality, timely delivery. Chrysler is owned by Fiat (FIATY).
September 23, 2014
13:09 EDTPJudge rules Sirius XM infringed copyrights by playing songs recorded pre-1972
In a $100M royalty lawsuit between the rock band The Turtles and Sirius XM (SIRI), a California federal judge ruled that Sirius XM infringed copyrights and violated California state laws by broadcasting songs recorded before 1972 without paying royalties for the performance of the recording. Judge Philip Gutierrez ruled that the music industry can claim additional copyright in broadcasted songs that were recorded before 1972. The ruling can have a far reaching impact on digital radio providers who may have to cough up additional royalty fees for playing songs recorded before 1972. Pandora (P) is also a digital radio provider. Reference Link
10:02 EDTPOn The Fly: Analyst Initiation Summary
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07:05 EDTPPandora initiated with a Hold at Topeka
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September 22, 2014
12:02 EDTPPandora management to meet with Piper Jaffray
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September 20, 2014
16:11 EDTFIATYChrysler Group voluntarily recalling 230,760 SUVs to install new relay circuit
Chrysler Group is voluntarily recalling an estimated 230,760 SUVs to install new a relay circuit that improves fuel-pump relay durability. A routine internal data review discovered a pattern of repairs involving fuel-pump relays in certain 2011 Jeep Grand Cherokee and Dodge Durango SUVs. Further investigation revealed some relays are susceptible to deformation, which may affect fuel-pump function. Such a condition may prevent a vehicle from starting or lead to engine stall. Chrysler Group is unaware of any accidents or injuries related to this condition. The fuel-pump relay is located inside the Totally Integrated Power Module, which also helps manage other vehicle functions. None of these other functions, including airbag deployment, is affected by the fuel-pump relay. The recall covers an estimated 188,723 vehicles in the U.S.; 15,898 in Canada; 7,126 in Mexico and 19,013 outside the NAFTA region. Chrysler Group will advise affected customers when they may schedule service, which will be performed at no cost.
September 19, 2014
12:13 EDTFIATYUnion says Fiat to temporarily halt production at Italy facility, Reuters says
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September 18, 2014
08:58 EDTFIATYChrysler's Ram on track for more market share increases, NY Times says
The Ram truck unit of Fiat's (FIATY) Chrysler has seen its share of the full-size pickup market rise in the last five years, and its market share is on track to increase further, according to The New York Times. Reference Link
07:32 EDTPMKM Partners to hold a conference
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September 17, 2014
11:59 EDTFIATYFiat Chrysler recalls 2014-2015 Fiat 500Ls due to knee airbag defect
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11:47 EDTPStocks with call strike movement; PBR P
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07:37 EDTFIATYEU car registrations up 2.1% in August, up 5.6% in July
The European Automobile Manufacturers Association reported new passenger car registrations were up by 5.6% in July and by 2.1% in August. Eight months into the year, demand for new cars amounted to 8,336,159 units, or 6.0% more than in the same period last year, the group noted. Publicly traded automakers include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).
September 16, 2014
11:36 EDTFIATYFiat CEO aims to skip road show, Bloomberg says
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09:45 EDTPRumor: Pandora moves up on renewed activist speculation
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07:27 EDTPBofA/Merrill to hold a conference
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07:08 EDTFIATYToyota Lexus unit questioned regarding parts pricing, Reuters says
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06:30 EDTFIATYNHTSA chief calls for 'new normal' for recalls, Detroit News reports
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