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Stock Market & Financial Investment News

News Breaks
January 6, 2014
07:21 EDTSSNLF, GM, VLKAY, TM, INTC, QCOM, NVDASamsung eyes automotive navigation and entertainment systems, Bloomberg reports
Samsung (SSNLF), which sells almost one of every three smartphones, wants to parlay that technology into automotive navigation and entertainment systems for an industry that makes more than 80M vehicles a year (GM, VLKAY, TM, INTC, QCOM, NVDA), reports Bloomberg.Reference Link
News For SSNLF;GM;VLKAY;TM;INTC;QCOM;NVDA From The Last 14 Days
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July 14, 2014
08:14 EDTGMFord 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 EDTTMToyota 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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06:54 EDTSSNLFSamsung ceases business with China supplier, Reuters says
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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 EDTTMABI 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
July 12, 2014
18:33 EDTSSNLF, INTCIntel looks to Chinese unbranded makers to boost tablet presence, WSJ says
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July 11, 2014
12:46 EDTQCOMQualcomm downgraded to Buy from Strong Buy at Tigress Financial
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10:35 EDTGMCadillac confirms Johan de Nysschen as president
General Motors (GM) announced the appointment of Johan de Nysschen as President Cadillac. de Nysschen will be responsible for all aspects of Cadillac globally including sales, pricing and network development, strategic brand development and marketing and product portfolio planning, including critical input for product engineering and design. de Nysschen joins the GM executive leadership team as an executive vice president of the company beginning September 1 and reports to GM President Dan Ammann. de Nysschen spent the last two years as head of the Infiniti (NSANY) brand worldwide.
10:00 EDTQCOMOn The Fly: Analyst Downgrade Summary
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09:11 EDTGMFormer head of Infiniti taking over Cadillac, CNBC reports
Johan de Nysschen, the former head of Infiniti and Audi USA, will be taking over General Motors' Cadillac division, CNBC's Phil LeBeau reports via Twitter.
09:09 EDTQCOMOn The Fly: Pre-market Movers
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08:04 EDTNVDANVIDIA management to meet with UBS
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07:36 EDTQCOMQualcomm downgraded to Buy from Conviction Buy at Goldman
Goldman removed Qualcomm from the Conviction Buy List as it does not expect material near-term upside to Street estimates sees some risk of downside. The firm trimmed estimates for both the June and September quarters due to weaker handset demand but maintains its Buy rating and $95 price target based on relative valuation and growth profile.
07:35 EDTQCOMQualcomm questioned again in Chinese anti-trust probe, Xinhua says
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06:37 EDTVLKAYUnion creates branch for employees at VW facility, Reuters says
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06:06 EDTINTCIntel to unveil 14nm processors, 10nm wafers at IDF in September, DigiTimes says
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05:57 EDTSSNLFSamsung revamping app store for phones and tablets, Re/code reports
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