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Stock Market & Financial Investment News

News Breaks
December 30, 2012
18:34 EDTNSANY, GM, VLKAY, PEUGY, FIATYEuropean auto sales may continue to pressure 'car giants,' WSJ says
The number of automobiles seen being sold in Europe is seen contracting more than anticipated as the restructurings that car companies have taken to cut costs may not be enough, says the Wall Street Journal. Reference Link
News For PEUGY;GM;FIATY;VLKAY;NSANY From The Last 14 Days
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July 22, 2015
15:26 EDTGMNotable companies reporting before tomorrow's open
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14:50 EDTGMGeneral Motors technical comments ahead of earnings
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13:24 EDTGMEarnings Preview: General Motors down approximately 20% since Q1 report
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08:20 EDTGMGeneral Motors July weekly volatility elevated into Q2 and outlook
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07:18 EDTVLKAY, NSANY, GMAir bag aging poses threat to millions of U.S. drivers, NBC News reports
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July 21, 2015
09:40 EDTGM, VLKAY, NSANYJeep Cherokee can be hacked via entertainment system, Wired reports
Hackers Charlie Miller and Chris Valasek demonstrated to Wired how Jeep Cherokees can be hacked via the vehicle’s entertainment system, giving an attacker wireless control of the automobile and its systems. Miller and Valasek previously demonstrated hacks they were able to perpetrate against Ford (F) Escape and Toyota (TM) Prius vehicles, the report noted. Other publicly traded automakers include General Motors (GM), Honda (HMC), Nissan (NSANY) and Volkswagen (VLKAY). Reference Link
08:07 EDTVLKAYBorgWarner provides R2S turbocharging technology to Volkswagen
BorgWarner (BWA) provides its two-stage, or R2S, turbocharging technology for Volkswagen's (VLKAY) new high-performance diesel engine. Engineered to comply with the Euro 6 emissions standard, the 2.0-liter four-cylinder engine is the most powerful diesel engine in its class.
July 20, 2015
12:16 EDTVLKAY, NSANY, GMHERE offering free HD map data for automated vehicle tests
HERE, a Nokia (NOK) company, announced it is making high-definition mapping data of sections of public roads in four countries available to all automotive companies to support their highly automated vehicle initiatives. HERE is offering HD mapping data of specific stretches of open road in Silicon Valley and Michigan in the United States, as well as in France and Germany, to all carmakers and automotive suppliers for test purposes. HERE plans to offer data for Japan too later this year. HERE is currently working with more than 10 "leading automotive companies" on automated driving projects, the company said. Publicly traded automakers include Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).
06:43 EDTGMGM's Opel to cut production at two German factories, Reuters reports
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July 17, 2015
06:22 EDTNSANYGhosn: Nissan considering using LG Chem batteries for EV, WSJ reports
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July 16, 2015
13:52 EDTGM, VLKAY, NSANYGM slips after Barclays downgrades auto sector on China downturnbw
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10:00 EDTGMOn The Fly: Analyst Downgrade Summary
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07:34 EDTVLKAYEuropean June car sales grow on expanded economy, Bloomberg says
European car sales growth accelerated to its fastest pace in five and a half years in June as Volkswagen (VLKAY), PSA Peugeot Citroen (PUGOY), and Ford (F) brought in new customers with newer models and an expanding economy, Bloomberg reports. Registrations rose 15% to 1.41M vehicles from 1.23M last year, the report says, citing data from the European Automobile Manufacturers' Association, or ACEA. Reference Link
07:30 EDTGMGeneral Motors downgraded to Equal Weight from Overweight at Barclays
Barclays downgraded the U.S. Autos and Auto Parts sector to Negative from Neutral and cut its rating on General Motors (GM) to Equal Weight from Overweight. The firm sees further sector underperformance as China car sales continue to disappoint and Chinese production goes negative against a peak in the U.S. auto industry and a slow recovery in Europe. The firm sees few near-term catalysts for General Motors given is larger exposure to China and little that will change its perception by investors as a "value trap." Barclays lowered General Motors' price target to $36 from $44.
July 15, 2015
19:39 EDTVLKAYVolkswagen considering entry into Iran market, Reuters says
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18:07 EDTNSANYNissan recalls 271,431 vehicles globally over engine start/stop button
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14:35 EDTGMGeneral Motors recalls Sparks, Sonics over radio software issue
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06:14 EDTGMFiat Chrysler CEO has no plans for another GM offer, NYT reports
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July 14, 2015
16:05 EDTGMGM announces $1.4B plant investment related to SUV production
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07:49 EDTVLKAYUber no longer in race to buy Nokia mapping division, NY Times reports
Uber submitted a bid to buy Nokia's "Here" mapping division for as much as $3B, but the ride-hailing service operator is out of the running to acquire the unit as Nokia (NOK) focuses its negotiations on a potential deal with a group of German automakers, including Daimler's (DDAIF) Mercedes-Benz, Volkswagen's (VLKAY) Audi (AUDVF) and BMW (BAMXY), reported The New York Times, citing three people with knowledge of the matter. Reference Link
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