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Stock Market & Financial Investment News

News Breaks
January 9, 2013
06:02 EDTPEUGYPeugeot's worldwide sales fell 16.5% in 2012, Daily Telegraph reports
Peugeot's (PEUGY) worldwide sales declined 16.5% in 2012 due to lower demand in Europe and the suspension of activities in Iran, the Daily Telegraph reports. The company recorded worldwide unit sales of 2.82M assembled vehicles, down 8.8%. Reference Link
News For PEUGY From The Last 14 Days
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June 18, 2013
10:54 EDTPEUGYEuropean auto sales decline to 20 year low, Reuters says
European car sales decreased in May to their lowest level for the month in 20 years, says Reuters. Data from the Association of European Carmakers showed Germany, France and Italy, suffered almost double-digit percentage declines in May, Reuters added. Reference Link
07:13 EDTPEUGYEuropean car sales at 20 year low, Bloomberg reports
European car sales fell to a two decade low in May as rising joblessness caused by a recession in the euro region reduced demand at Peugeot (PEUGY), Renault and GM (GM), reports Bloomberg.Reference Link
06:01 EDTPEUGYOn the Fly: Periodicals Wrap-Up
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June 12, 2013
10:14 EDTPEUGYOn the Fly: Upgrade Summary
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05:33 EDTPEUGYPeugeot upgraded to Equal Weight from Underweight at Morgan Stanley
June 7, 2013
07:10 EDTPEUGYEuropean auto industry worried about China trade duties, Reuters reports
The European auto industry (VLKAY, DDAIF, PEUGY) is concerned China could impose retaliatory trade duties on luxury cars imported from the EU, should the EU Commission not back down over unfair trade practices in China, reports Reuters. Reference Link
06:10 EDTPEUGYOn the Fly: Periodicals Wrap-Up
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June 6, 2013
08:22 EDTPEUGYDaimler, BMW to skip summer production breaks, Bloomberg reports
Daimler (DDAIF) will not take its traditional summer breaks at most of its car factories with models like the revamped Mercedes-Benz E-Class keeping assembly lines busy even as European auto demand falls to a 20-year low, reports Bloomberg. BMW is also either preparing for new models or keeping plants churning out cars to meet demand. This contrasts with factory shutdowns and job cuts at such as PSA Peugeot Citroen (PEUGY) and Ford (F). Reference Link

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