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Stock Market & Financial Investment News

News Breaks
April 15, 2014
07:11 EDTPOAHY, FIATYPorsche's success shadows Maserati sales revamp, Reuters says
As Fiat (FIATY) looks to revamp its small Maserati brand as a serious competitor to the world's luxury vehicle manufacturers, the pressure to succeed is shadowed by the the success of Germany's Porsche (POAHY), reported Reuters. Reference Link
News For POAHY;FIATY From The Last 14 Days
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August 26, 2014
06:42 EDTFIATYCCI charges automakers $420M for anti-competitive tendencies, Reuters says
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August 25, 2014
06:35 EDTFIATYFiat-Chrysler merger up against support obstacle, WSJ says
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August 22, 2014
06:54 EDTFIATYChrysler to not replace Ram steel body panels until 2020, Reuters says
Fiat's (FIATY) Chrysler is aiming to redesign its full-size Ram 1500 pickup trucks beginning in three years, but the car manufacturer has no definitive goals to follow competitors GM (GM) and Ford (F) in using aluminum body panels instead of steal until a finalized overhaul happens after 2020, according to Reuters, citing industry sources. Reference Link
August 21, 2014
13:44 EDTFIATYChrysler recalls Cherokees, Rams due to rear shock defect
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07:18 EDTFIATYChina considering new anti-trust rules for auto sector, China Daily says
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August 19, 2014
10:13 EDTFIATYOn The Fly: Analyst Initiation Summary
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05:21 EDTFIATYFiat initiated with an Underperform at Credit Suisse
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August 18, 2014
07:37 EDTFIATYReport says Russia may bar car imports if new sanctions enacted, Reuters says
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August 15, 2014
13:25 EDTPOAHYU.S. appeals court upholds dismissal of Porsche short squeeze suit, Reuters says
Porsche (POAHY) has convinced a U.S. federal appeals court to uphold the dismissal of a lawsuit that alleged the luxury car manufacturer of fraudulently controlling the market in Volkswagen (VLKAY) shares after they quietly amassed a large position in Volkswagen and created a "massive short squeeze" in October 2008, Reuters reported. The U.S. appeals court said Porsche could not be held responsible under U.S. securities fraud laws because the alleged wrongful conduct, which was brought on by more than 30 hedge funds who held short positions in shares of Volkswagen at the time, took place outside of the U.S., Reuters added. Reference Link
06:45 EDTFIATYFiat Chrysler development goal challenged by merger holdup, Reuters says
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