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Stock Market & Financial Investment News

News Breaks
January 2, 2013
14:49 EDTPEUGY, FIATY, VLKAY, GM, FNew car registrations in Spain, France continue to slump, WSJ says
New car registrations continued to decline in France and Spain as slowing auto demand continued into December, says the Wall Street Journal. Reference Link
News For PEUGY;FIATY;VLKAY;GM;F From The Last 14 Days
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July 16, 2014
06:29 EDTGMSenators turn scrutiny towards GM General Counsel, WSJ reports
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06:19 EDTGM, F, FIATYFord, GM, Chrysler not interested in Tesla patents, Detroit News says
Ford (F), General Motors (GM), and Chrysler (FIATY) either have little interest in Tesla's (TSLA) EV patents or the companies are not sharing their plans, reports the Detroit News. Reference Link
July 15, 2014
17:45 EDTGMGeneral Motors shares should climb 30%, Barron's says
GM shares look inexpensive at current prices and shares should climb over 30% in the next year, Barron's contends in its "Ahead of the Crowd" column. Reference Link
17:35 EDTFGoogle confirms Alan Mulally appointment to board
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16:15 EDTFGoogle appoints ex Ford CEO Alan Mulally to board, CNBC says
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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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06:38 EDTGMGeneral Motors, VocallQ looking to develop voice-control systems, WSJ reports
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06:27 EDTVLKAY, FIATY, GM, FAutomakers backing U.S.-EU trade deal, NY Times reports
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July 14, 2014
12:40 EDTGMDelphi confirms that it is not focus of investigation, Detroit News reports
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12:36 EDTGMDelphi not target of DOJ's switch investigation, Reuters reports
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09:16 EDTVLKAYVolkswagen poised to invest $900M in Tennesee facility, WSJ says
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08:14 EDTGM, FFord should beat Q2 estimates while General Motors will miss, says UBS
UBS believes Ford (F) will beat Q2 estimates while General Motors (GM) will miss due to recall costs. Were it not for the recall charges, UBS thinks GM would post solid underlying results. UBS, which thinks Ford is likely to see a strong second half as product launch costs are already factored into guidance, raised its price target on the stock to $22 from $18. UBS increased its GM price target to $54 from $49. The firm keeps Buy ratings on both stocks.
07:55 EDTFToyota halts production at South African plant, Bloomberg reports
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07:19 EDTGMProsecutors centering GM suit around deceptive statements, Reuters says
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06:43 EDTFFord ceases production at South African facility, Reuters says
Ford announced that it has temporarily ceased production at one of its South African facilities due to a strike at some of its suppliers, according to Reuters, citing comments from Ford spokeswoman Alicia Chetty. Chetty said that only Ford's Pretoria facility was affected while its other plant in Port Elizabeth was operating as usual. Reference Link
06:34 EDTGMGeneral Motors CEO to appear before Senate subcomittee this week, WSJ says
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06:31 EDTVLKAYVolkswagen expected to unveil details of new SUV for U.S. market, WSJ reports
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06:08 EDTFABI Research: Over 24M cars to be fitted with Apple CarPlay, DigiTimes says
ABI Research said that over 24M cars will be fitted with Apple (AAPL) CarPlay in 2019, reports DigiTimes. ABI Reserch said that the uptake in MirrorLink will also be fairly significant, but predicts more cars will be fitted with CarPlay. It cites several car makers to have the capabilities, including Ford (F), BMW, Audi, Mercedes, Jaguar/Land Rover, Toyota (TM), Nissan (NSANY), and Volvo (VOLVY). Reference Link
July 13, 2014
15:52 EDTGMSouth Africa strike continues with impact on GM output, WSJ says
The National Union of Metalworkers in South Africa has rejected employers concessions and will continue to strike, says the Wall Street Journal. The strike has affected vehicle production at General Motors and BMW facilities in the country, added the Wall Street Journal. Reference Link
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