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Stock Market & Financial Investment News

News Breaks
April 23, 2012
10:43 EDTTM, GM, NSANY, JCI, AONEHybrid, electric vehicle sales jumped in Q1, Automotive News says
U.S. sales of hybrids, plug-in hybrids, and electric vehicles jumped 44% year-over-year in Q1, according to Automotive News. Hybrids accounted for most of those sales, but sales of Nissan's (NSANY) electric vehicle, the Leaf, quadrupled year-over-year, the publication noted. Reference Link
News For TM;GM;NSANY;JCI;AONE From The Last 14 Days
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July 15, 2014
17:45 EDTGMGeneral Motors shares should climb 30%, Barron's says
GM shares look inexpensive at current prices and shares should climb over 30% in the next year, Barron's contends in its "Ahead of the Crowd" column. Reference Link
17:26 EDTJCIJohnson Controls awarded $450M government contract
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06:38 EDTGMGeneral Motors, VocallQ looking to develop voice-control systems, WSJ reports
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06:27 EDTNSANY, GM, TMAutomakers backing U.S.-EU trade deal, NY Times reports
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July 14, 2014
12:40 EDTGMDelphi confirms that it is not focus of investigation, Detroit News reports
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12:36 EDTGMDelphi not target of DOJ's switch investigation, Reuters reports
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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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07:55 EDTNSANYNissan adds to bet on soccer with new sponsorship deal, FT says
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07:19 EDTGMProsecutors centering GM suit around deceptive statements, Reuters says
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06:34 EDTGMGeneral Motors CEO to appear before Senate subcomittee this week, WSJ says
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06:08 EDTNSANY, TMABI 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
16:04 EDTJCIJohnson Controls shares could rise 20%, Barron's says
Johnson Controls' earnings should top analyst estimates in the next 12-18 months, taking shares 20% higher to $61, Barron's contends in a feature article. Reference Link
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 11, 2014
10:35 EDTNSANY, GMCadillac 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.
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.
06:23 EDTNSANYDe Nysschen resigns as Infiniti Motor president, WSJ reports
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July 10, 2014
14:01 EDTTMToyota selects KDC to develop new North American headquaters
Toyota announced that it has selected Dallas-based KDC Real Estate Development & Investments, one of America's leading commercial real estate development and investment firms, to develop its new North American headquarters campus in the Legacy West development in Plano, Texas. Toyota recently finalized the purchase of its new headquarters site and expects to begin occupying the campus in late 2016 or early 2017. Once completed, the headquarters will be home to about 4,000 Toyota employees.
06:24 EDTGMGeneral Motors to replace faulty ignition switch kits, Detroit News says
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06:06 EDTGMGM recalling Saab convertibles due to safety defect, Detroit News reports
Around 28,790 Saab convertibles from the 2004-2011 model years are being recalled by General Motors, as the driver's seat belt retractor can break, the Detroit News reports. Reference Link
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