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Stock Market & Financial Investment News

News Breaks
July 3, 2014
06:08 EDTDDAIF, VLKAY, PCARVolkswagen denies reports of PACCAR takeover, Dow reports
A spokesman for Volkswagen (VLKAY) said there is "no truth" to reports that the German automaker is planning an acquisition bid for PACCAR (PCAR), Dow Jones reports. The denial follows research reports from Bernstein and ISI Group which quoted Daimler (DDAIY) truck chief Wolfgang Bernhard as saying he has been told that Volkswagen wants to take over Paccar, the report adds. Reference Link
News For PCAR;VLKAY;DDAIF From The Last 14 Days
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January 25, 2015
16:46 EDTVLKAYVolkswagen's Audi recalling 80K vehicles, Reuters says
Volkswagen is recalling 80,000 vehicles from its Audi luxury division for problems with the fuel injection system, says Reuters. The car maker said that 35,000 of the affected vehicles are in China, added Reuters. Reference Link
January 22, 2015
10:03 EDTPCAROn the Fly: Analyst Downgrade Summary
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January 21, 2015
19:18 EDTVLKAYLower oil prices could boost car and truck sales, CNBC reports
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16:26 EDTPCARPACCAR downgraded to Underperform from Market Perform at BMO Capital
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January 20, 2015
12:51 EDTVLKAYToyota sees 2015 global sales dropping to about 10.15M units, Nikkei says
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January 14, 2015
12:09 EDTDDAIFDaimler AG recalls 114,000 Mercedes in Germany due to bad seals, Reuters says
Daimler announced that it is recalling 114,000 of its four-cylinder diesel-engined Mercedes-Benz cars in Germany due to poor seals that can cause potential oil leaks, Reuters reports. Reference Link
January 13, 2015
07:25 EDTVLKAYNew NHTSA head says 2015 may see more recalls than record-setting 2014, WSJ says
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January 12, 2015
13:02 EDTDDAIFDaimler sees continued strong momentum in China, Reuters reports
Dailmer AG CEO Dieter Zetsche said he sees strong momentum in China, with global demand for passenger vehicles rising 4% in 2015, reports Reuters. Zetsche adds that the automaker aims to outgrow the market thanks to that continued demand in China. Reference Link
10:00 EDTVLKAYOn The Fly: Analyst Downgrade Summary
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10:00 EDTPCAR, DDAIFOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Agnico-Eagle (AEM) upgraded at BMO Capital... Aimco (AIV) upgraded to Outperform from Market Perform at Wells Fargo... Alaska Air (ALK) upgraded at Evercore ISI... Alcoa (AA) upgraded to Buy from Neutral at Nomura... Alon USA Energy (ALJ) upgraded to Neutral from Sell at Goldman... AvalonBay (AVB) upgraded to Buy from Hold at Jefferies... BASF (BASFY) upgraded to Buy from Neutral at Citigroup... C.H. Robinson (CHRW) upgraded to Overweight from Equal Weight at Barclays... CBS (CBS) upgraded to Outperform at Cowen... Chesapeake (CHK) upgraded to Buy from Neutral at Goldman... China Mobile (CHL) upgraded to Buy from Hold at Jefferies... Chunghwa Telecom (CHT) upgraded to Neutral from Underweight at ... D.R. Horton (DHI) upgraded at KeyBanc... Daimler AG (DDAIF) upgraded to Neutral from Underperform at BofA/Merrill... Diamond Resorts (DRII) upgraded to Buy from Neutral at Goldman... FMC Corporation (FMC) upgraded to Buy from Neutral at BofA/Merrill... First Cash Financial (FCFS) upgraded to Buy from Neutral at Janney Capital... Frontier Communications (FTR) upgraded at BofA/Merrill... HomeAway (AWAY) upgraded to Outperform from Neutral at Macquarie... Ingersoll-Rand (IR) upgraded at Morgan Stanley... KB Home (KBH) upgraded to Outperform from Market Perform at Raymond James... Knight Transportation (KNX) upgraded to Overweight from Equal Weight at Barclays... LabCorp (LH) upgraded to Outperform at RW Baird... M.D.C. Holdings (MDC) upgraded to Outperform from Market Perform at Raymond James... Mid-America Apartment (MAA) upgraded to Buy from Hold at Jefferies... PACCAR (PCAR) upgraded at RBC Capital... Parsley Energy (PE) upgraded to Neutral from Sell at Goldman... Peugeot (PUGOY) upgraded to Buy from Underperform at BofA/Merrill... Radware (RDWR) upgraded to Buy from Neutral at Buckingham... Rush Enterprises (RUSHA) upgraded at BB&T... Ryland Group (RYL) upgraded to Outperform from Market Perform at Raymond James... SL Green Realty (SLG) upgraded to Buy from Hold at Jefferies... Solera (SLH) upgraded to Buy from Neutral at Goldman... Standard Pacific (SPF) upgraded to Neutral from Underweight at JPMorgan... Statoil (STO) upgraded to Neutral from Sell at Goldman... Syngenta (SYT) upgraded to Buy from Hold at Miller Tabak... VMware (VMW) upgraded to Positive from Mixed at OTR Global... Vale (VALE) upgraded to Outperform from Sector Perform at Scotia Capital... Volvo (VOLVY) upgraded to Neutral from Underperform at BofA/Merrill... Windstream (WIN) upgraded at BofA/Merrill... lululemon (LULU) upgraded to Neutral from Underperform at Sterne Agee.
08:43 EDTPCARPACCAR upgraded at RBC Capital
As noted earlier, RBC Capital upgraded PACCAR to Outperform from Sector Perform. The firm believes the company is poised to benefit from an improving North American truck cycle, and says that the company's customers should benefit from lower fuel prices. Target to $75 from $66.
06:46 EDTPCARPACCAR upgraded to Outperform from Sector Perform at RBC Capital
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05:34 EDTDDAIFDaimler AG upgraded to Neutral from Underperform at BofA/Merrill
05:34 EDTVLKAYVolkswagen downgraded to Underperform from Neutral at BofA/Merrill
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January 11, 2015
18:36 EDTVLKAYVolkswagen says 2014 vehicle sales rose 4.2% to 10.14M
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