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Stock Market & Financial Investment News

News Breaks
February 27, 2013
08:12 EDTF, TFierceWireless to host a luncheon meeting at Mobile World Congress
Executive Luncheon being held in conjunction with Mobile World Congress in Barcelona, Spain on February 27.
News For T;F From The Last 14 Days
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April 17, 2014
07:46 EDTTAT&T to possibly sit out of U.S. spectrum auction, Reuters says
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05:30 EDTFLincoln brand launches in China
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05:07 EDTFFord launches global fashion collaboration
Ford celebrates the 50th anniversary of the Mustang with its first-ever global collaboration with world-renowned designers to create an apparel collection. Timed to the 50th anniversary of Mustang’s debut, fashion innovators including Anna Sui, Rogan, Paula Cademartori, CO TE and Pamela Love will celebrate the iconic pony car through a limited-edition line of shirts for the Mustang Unleashed collection. The collection will be produced by Loomstate, a leader in organic and sustainable apparel, and will be available globally this fall.
April 16, 2014
14:29 EDTFGM to offer diesel mid-size trucks, says April sales 'robust,' WSJ reports
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11:08 EDTTAT&T, Volvo partner for in-car wireless connectivity
AT&T and Volvo Cars have entered into a new multi-year agreement to enable future Volvo vehicles in the U.S. and Canada with high speed wireless connectivity. AT&T is scheduled to power Volvo's US 2015 model year connected car solution with Sensus Connect, an embedded infotainment service. Volvo customers in the U.S. and Canada will also have access to Volvo On Call, a service allowing remote access to car functions and an emergency crash notification service. Volvo plans to enable cars with AT&T on-board for sale this summer. As a telematics leader, AT&T already provides a variety of vehicle solutions to automobile manufacturers around the world. Volvo's solution incorporates AT&T's Single SIM platform to provide coverage in the U.S. and Canada. The Single SIM, along with a world-class service management platform, AT&T Control Center powered by Jasper Wireless, arms Volvo with the ability to manage wireless device deployment and operations across markets with advanced diagnostic tools and smart alerting.
06:23 EDTFFord could replace MyFord Touch, Detroit News says
Ford is looking to improve upon its MyFord Touch system and could debut a system that could potentially replace it, reports Detroit News citing Ford America's Chief, Joe Hinrichs. Reference Link
05:13 EDTFFord reveals 50th anniversary Mustang
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April 15, 2014
15:53 EDTFFord's new My Touch with BlackBerry software slated for year end, WSJ says
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08:12 EDTFBofA/Merrill to hold a summit
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08:01 EDTFFord reports Europe sales up 12% in March, 11% in Q1
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April 14, 2014
09:10 EDTTT-Mobile CEO starts petition for consumers to call on peers to end overages
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09:05 EDTTT-Mobile abolishes consumer overages, challenges other providers to follow suit
T-Mobile (TMUS) announced a campaign to eliminate overage penalties, one of the most reviled wireless industry practices. While abolishing overages for all customers on T-Mobile consumer plans, its CEO has also laid down a challenge to the nation's largest carriers, AT&T (T), Verizon (VZ) and Sprint (S), to do the same.
April 11, 2014
14:14 EDTFDeutsche Bank upgrades Ford on earnings outlook
Deutsche Bank upgraded Ford (F) to Buy from Hold in a note to investors, saying that the company's earnings are poised to increase significantly in 2015-2016. WHAT'S NEW: Ford can increase the price of its pickup trucks, Deutsche Bank analyst Rod Lache wrote. The company's pickups now cost just an average of about $150 per vehicle more than GM's offerings, versus the average gap of $3,000 over the last five years, Lache explained. Ford's new F150 truck will be less expensive than previously expected, as the truck's aluminum body will be cheaper than anticipated and the company has been able to find other ways to cut production costs, the analyst stated. Additionally, Ford's prospects in Europe and China are "favorable," according to the analyst, who upgraded the stock to Buy from Hold. He raised his price target on the shares to $19 from $18.50. WHAT'S NOTABLE: Lache was somewhat upbeat on General Motors (GM), saying that the company can keep it profits at "decent" levels by cutting its costs. However, he added that the automaker's products have not met expectations. Lache now expects GM's share of the pickup truck market share to drop to 17% in 2015 from 17.5% this year. He lowered his 2014 EPS estimate for GM to $2.58 from $3.38 and reduced his 2015 EPS estimate for the company to $4.20 from $4.80. Lache reduced his price target on the shares to $41 from $48, but kept a Buy rating on the stock. PRICE ACTION: In mid-afternoon trading, Ford added 0.6% to $15.72, while GM fell 2.9% to $32.33.
12:42 EDTFOn The Fly: Analyst Upgrade Summary
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10:01 EDTFFord rallies in early trading following upgrade, levels to watch
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07:31 EDTFChina auto sales growth slowed in March, WSJ reports
The China Association of Automobile Manufacturers said 1.71M passenger vehicles were sold there in March, which was up 7.9% from a year earlier but a slower growth rate than the 11% year-over-year increase seen in the January-to-February period, reported The Wall Street Journal. The association cited weak sales of minivans, which fell 23% in the month, as a large factor, the report noted. Publicly traded automakers include Ford (F), General Motors (GM), Fiat (FIATY), Honda (HMC), Toyota (TM), Nissan (NSANY) and Volkswagen (VLKAY). Reference Link
07:26 EDTTTime Warner struggling to force Dodgers network on pay-TV players, LAT say
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06:15 EDTFFord upgraded to Buy from Hold at Deutsche Bank
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April 10, 2014
06:32 EDTFAutomakers have recalled nearly 15M vehicles since start of year, WSJ reports
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06:29 EDTTAT&T in talks to bring ultrafast internet to North Carolina, WSJ reports
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