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Stock Market & Financial Investment News

News Breaks
September 24, 2012
06:13 EDTTM, CEO, NXY, F, TOTOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: As 2012 heads to Q4, money managers who caught the year's rally are sitting on percentage gains well into the double-digits on stocks. As they look ahead to what could be a choppy few months, some are considering staying on the sidelines for the rest of the year, the Wall Street Journal reports...Toyota (TM) plans to roll out 21 new models powered by electric-gas engines over the next few years and predicted strong sales, the Wall Street Journal reports...REUTERS: The Chinese ambassador to Canada warned against letting domestic politics drive the Canadian government's decision on whether to approve a Cnooc’s (CEO) proposed $15.1B takeover of Nexen (NXY), Reuters reports...Euro zone states are preparing to allow the bloc's permanent bailout fund to leverage its capital in the same way as its predecessor so it can reach a capacity of more than 2T euros and rescue big countries if necessary, according to Der Spiegel, Reuters reports...BLOOMBERG: Ford (F) employees represented by the Canadian Auto Workers ratified a four-year contract that eliminates most cost-of-living raises in favor of bonuses, extends the time it takes for a new employee to reach full pay and adds 600 jobs, Bloomberg reports...French oil company Total (TOT) plans to sell up to $20B in assets to raise cash for oil and gas projects, Bloomberg reports.
News For TM;CEO;NXY;F;TOT From The Last 14 Days
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May 17, 2013
16:00 EDTFOptions Update; May 17, 2013
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May 16, 2013
12:36 EDTFFord sued over alleged engine defects, Automotive News says
Three vehicle owners are suing Ford over alleged defects in the automaker's six-cylinder EcoBoost engine.according to Automotive News. The plaintiffs allege that the engine had defects that caused the vehicle to "shake, misfire and rapidly lose power," the website stated. Reference Link
10:03 EDTFOn The Fly: Analyst Upgrade Summary
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08:16 EDTFFord upgraded to Buy from Hold at Craig-Hallum
Craig-Hallum upgraded Ford following checks that indicate European production has bottomed, which removes an overhang. The firm believes investors will focus on strong North American results and an improved balance sheet. Price target raised to $18 from $15.
05:55 EDTFPickup truck sales are booming, WSJ reports
Pickup truck buyers are no longer on the sidelines as they return to dealer showrooms, offering millions of dollars in profit and potentially lifelong brand loyalty to Ford (F), GM (GM) or Chrysler Group (FIATY) and rivals, reports the Wall Street Journal. Sales of large pickups are up 20% for the first four months of this year compared with a year ago, bigger gains than in small cars or midsize cars, according to Autodata CorpReference Link
May 15, 2013
06:57 EDTFEU to investigate Spain grant to Ford, Reuters reports
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06:42 EDTFFord expands in Russia with new $247M engine plant, Detroit News says
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May 14, 2013
15:50 EDTTMToyota class-action settlement could cover 22M former owners, Detroit News says
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13:38 EDTFFord, GM get high marks in consumer survey, Automotive News says
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11:33 EDTFFord Sollers to build $274M engine plant in Tatarstan
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May 11, 2013
13:13 EDTFWestern car makers losing ground in India, WSJ says
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May 10, 2013
07:09 EDTTMToyota helped by weaker yen, Bloomberg reports
Toyota’s years of fighting the yen is over, at least for now. The weakening yen breached 100 against the dollar in U.S. trading yesterday, opening the way for Japan to emerge from an unprecedented and largely uninterrupted five-year stretch where the currency’s appreciation beyond that level roiled exporters and their ability to sell cars and other products abroad, reports Bloomberg.Reference Link
06:10 EDTTMOn the Fly: Periodicals Wrap-Up
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May 9, 2013
09:12 EDTFAeroVironment selected by Ford to provide home charging solution for EVs
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06:09 EDTFChina passenger vehicle sales rose 13% in April, Bloomberg reports
In China, passenger vehicle sales jumped 13% in April as demand rose for new models, reports Bloomberg. Wholesale deliveries of cars, multipurpose and SUVs increased to 1.44M units, according to the state-backed China Association of Automobile Manufacturers.Reference Link
05:59 EDTF, TMGM: Most Silverado truck sales this year will be older model, Bloombeg reports
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May 8, 2013
09:37 EDTFActive equity option families trading on open
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06:00 EDTTMToyota sees FY14 net revenue 1.37T yen, net income 1.37T yen
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05:59 EDTTMToyota remains cautious as profit grows, Reuters reports
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05:58 EDTTMToyota reports FY13 net income 962.16B yen vs. 283.6B yen a year ago
Reports FY13 revenue 22.1T yen vs. 18.58T yen a year ago. Toyota said major factors contributing to the increase in operating income include the positive effects from marketing activities generating 650B yen, cost reduction efforts saving 450B yen and currency fluctuations of 150B yen, which offset the negative effects from related expenses of 300B yen. Consolidated vehicle sales totaled 8.871M units, an increase of 1.519M units compared to the previous fiscal year.
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