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Stock Market & Financial Investment News

News Breaks
June 10, 2013
04:55 EDTPOM, POM, POM, NSANY, NSANY, NSANY, HTZ, HTZ, HTZ, GM, GM, GM, DUK, DUK, DUK, JCI, JCI, JCI, F, F, F, DOW, DOW, DOWElectric Drive Transportation Association to host annual meeting
2013 EDTA Conference & Annual Meeting is being held in Washington, D.C. on June 10-12.
News For POM;NSANY;HTZ;GM;DUK;JCI;F;DOW From The Last 14 Days
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November 12, 2014
14:13 EDTDOWDow Chemical to reduce equity base in Kuwaiti joint ventures
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14:13 EDTDOWDow Chemical raises divestiture target to $7B-$8.5B by mid-2016
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14:10 EDTDOWDow Chemical realigns external reporting segments
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14:08 EDTDOWDow Chemical to sell ANGUS Chemical to Golden Gate Capital for $1.215B
Dow Chemical announced that it has signed a definitive agreement under which ANGUS Chemical Company will be sold to Golden Gate Capital for $1.215B. The transaction is expected to close during the first quarter of 2015, subject to completion of customary regulatory filings. Dow had previously announced its intent to divest this business on Oct. 2. The divestiture aligns to Dow’s efforts to achieve its identified target of $4.5B-$6B in proceeds from shedding non-strategic assets and businesses by year-end 2015. To date, Dow has achieved $2.5B in proceeds designed to remunerate shareholders, reduce debt, and fund growth. The divestiture of ANGUS includes the business headquarters and R&D facility in Buffalo Grove, IL; manufacturing facilities located in Sterlington, LA, and Ibbenbueren, Germany; a packaging facility in Niagara Falls, NY; as well as the associated business, inventory, customer contracts, process technology, business know-how and certain intellectual property. Approximately 290 employee positions globally are expected to transition employment status as ANGUS moves to being owned by Golden Gate Capital as part of the transaction. Under terms of the purchase agreement, ANGUS will continue to honor customer, licensing and supplier contracts and related agreements.
14:06 EDTDOWDow Chemical announces sale of ANGUS Chemical for $1.215B
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08:42 EDTGMGeneral Motors' Ammann leading push for change, WSJ says
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07:34 EDTDOWDow Chemical raises dividend 14%, adds $5B to share buyback program
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07:31 EDTDOWDow Chemical raises dividend 14% to 42c per share
07:31 EDTDOWDow Chemical announces new $5B tranche to share repurchase program
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07:22 EDTFFord offers favorable risk/reward, says UBS
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November 11, 2014
17:17 EDTGMGM scales back workers, production at small car plant, WSJ says
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07:15 EDTFFord begins production of 2015 F-150 at Ford Rouge Center
The 2015 Ford F-150 starts production at Ford Rouge Center. The facilities have been transformed with the latest in manufacturing technology to build the first mass-produced truck in its class featuring a high-strength, military-grade, aluminum-alloy body and bed. The new F-150 goes on sale in December in the U.S. and will be available in 90 markets in 2015.
November 10, 2014
17:27 EDTHTZHertz files to delay Form 10-Q
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15:57 EDTNSANYWorldwide Business Research to hold a conference
ProcureCon for Digital & Marketing Services 2014 is being held in San Antonio on November 11-13.
15:16 EDTDUKEdison Electric Institute to hold a conference
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11:16 EDTNSANYNissan to hire 1,000 more workers, Automotive News says
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09:31 EDTDUKDynegy receives early termination of HSR Act waiting period
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08:04 EDTFFord announces partnership with Wind Energy Corporation
Ford Motor Company is collaborating with Wind Energy Corporation to bring a new and innovative source of clean energy to its dealers. Under a pilot program exclusive to Ford, Wind Energy will install wind sail and solar panel systems at four Ford dealerships, a nearly $750,000 investment, to help power dealer facilities. A Windy System is expected to deliver 20,000 kilowatts of electricity annually. That is enough energy to power two average-sized homes for a year or charge a Ford Focus Electric 870 times, Fusion Energi 2,600 times and C-MAX Energi 2,600 times. Using one Windy System will offset nearly 14 tons of greenhouse gases per year.
07:37 EDTDOWGolden Gate the lead bidder for Dow Chemical unit, Reuters reports
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06:41 EDTGMGM ordered new switches months before recall, WSJ reports
Half a million replacement ignition switches were ordered by General Motors (GM) almost two months before it alerted federal safety regulators of the issues that led to a recall of millions of vehicles, the Wall Street Journal reports, citing email exchanges between the automaker and Delphi Automotive (DLPH). The email exchanges, which took place in mid-December 2013 between a GM contract worker and Delphi, indicate GM placed an "urgent" order for 500,000 replacement switches on December 18, a day after a meeting of senior executives. Reference Link
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