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Stock Market & Financial Investment News

News Breaks
July 3, 2014
09:49 EDTPCAR, NAV, VLKAY, DDAIFVolkswagen bid rumor short term positive for PACCAR, says Wells Fargo
After Daimler's (DDAIF) Truck CEO reportedly suggested at a company event that Volkswagen (VLKAY) will seek to acquire PACCAR (PCAR), Wells Fargo said it is skeptical that Volkswagen will make a bid, noting that the company has since denied it is looking to make a takeover play. However, Wells thinks the news could be a short term positive for PACCAR and a negative for peer Navistar (NAV), which the firm notes has previously been speculated as a target for the German automaker.
News For PCAR;NAV;VLKAY;DDAIF From The Last 14 Days
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August 29, 2014
12:42 EDTVLKAYAudi will recall 70K cars worldwide for potential brake problem, Reuters says
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August 27, 2014
06:49 EDTVLKAYAnti-UAW employees aim to create union at VW facility, Reuters says
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August 26, 2014
06:42 EDTDDAIF, VLKAYCCI charges automakers $420M for anti-competitive tendencies, Reuters says
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06:15 EDTVLKAYVolkswagen JV executives probed by China, WSJ reports
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August 25, 2014
13:06 EDTVLKAYVolkswagen to reportedly release new version of Golf, Automotive News says
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August 21, 2014
07:18 EDTNAV, PCARJuly Class 8 sales rose 16% year-over-year, says JPMorgan
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07:18 EDTVLKAYChina considering new anti-trust rules for auto sector, China Daily says
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August 20, 2014
06:16 EDTDDAIFHitachi among auto-part makers fined by China, WSJ reports
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August 18, 2014
07:37 EDTVLKAYReport says Russia may bar car imports if new sanctions enacted, Reuters says
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06:37 EDTDDAIFReport says Mercedes-Benz at fault for price-fixing in China, Reuters says
China's News agency Xinhua reported that the Jiangsu Province Price Bureau found Daimler's Mercedes-Benz responsible for charges which accused the company of fixing prices for after-sales services in the country, according to Reuters, citing the report. Reference Link

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