News Breaks |
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| January 28, 2013 |
| 06:06 EDT |  | TM, GM, VLKAY, BA | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Toyota Motor (TM) today reclaimed the title of world's largest automaker, posting a 23% gain in global sales to a record 9.75M in 2012, ahead of GM (GM) and Volkswagen (VLKAY), the Wall Street Journal reports...The U.S. housing recovery is starting to show up in corporate results. Companies that sell power tools, air conditioners, carpet fibers, furniture and cement mixers are reporting stronger sales for the fourth quarter, providing further evidence that a turnaround in the housing market is taking hold, the Wall Street Journal reports...REUTERS: Japan's government gave Boeing's (BA) 787 Dreamliner and its made-in-Japan technology a boost in 2008 by easing safety regulations, fast-tracking the rollout of the jet for Japan's biggest airlines, according to records and participants in the process, Reuters reports...Internal reviews by banks in Singapore found evidence that traders colluded to manipulate rates in the offshore foreign exchange market, sources say, Reuters reports...BLOOMBERG: The risk of owning sovereign bonds has fallen to a two-year low, setting the stage for more gains by the riskiest government securities as the investors look to an improving world economy, Bloomberg reports...The lockstep moves in global stocks that dominated equity markets for the past six years are breaking down at the fastest rate on record, a sign investor confidence is finally returning from the financial crisis. A measure of how much the 2,073 companies in the FTSE All- World Developed Index swing in unison has dropped 31% since June, the biggest retreat since at least 1993, according to data compiled by Societe Generale SA and Bloomberg. |
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News For TM;GM;VLKAY;BA From The Last 14 Days Check below for free stories on TM;GM;VLKAY;BA the last two weeks. |
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| May 23, 2013 |
| 13:16 EDT | | GM | GM to sell electric vehicle for less than $20,000, Automotive News says
GM (GM) will sell its Chevrolet Spark, a small electric vehicle, for less than $20,000 after a $7,500 federal tax credit is applied, according to Automotive News. The company will sell the vehicle in some markets in California and Oregon by the middle of next month, the website quoted the company as saying. Reference Link |
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| 11:08 EDT |  | BA | Boeing reports 107 new orders in weekly update
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| 07:55 EDT |  | BA | Boeing price target raised to $120 from $100 at BofA/Merrill
BofA/Merrill raised Boeing's price target to reflect higher delivery forecasts for the 737 and 787. Shares are Buy rated. |
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| 06:29 EDT | | BA | Software firm Luxoft files for IPO in New York, Bloomberg reports
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| 05:51 EDT | | BA | China approves commercial service for Boeing 787 Dreamliner, WSJ reports
China's aviation regulator gave approval for Boeing's 787 Dreamliner aircraft to begin commercial service with the nation's airlines, sources say, reports the Wall Street Journal. Reference Link |
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| 05:43 EDT | | BA | Boeing price target raised to $120 from $105 at Deutsche Bank
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| May 22, 2013 |
| 12:17 EDT | | GM | GM to bring apps to some autos, Cnet reports
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| 11:06 EDT | | GM | Auto industry rallies after Ford, Chrysler curtail summer breaks
Shares of Ford (F), Fiat (FIATY) and GM (GM) are climbing after Ford and Fiat's Chrysler subsidiary announced that they would curtail their factories' traditional two week summer hiatus. Shares of a number of auto parts makers are also advancing following the news. WHAT'S NEW: Ford said it would idle some of its plants for only one week this summer, down from the usual two weeks. Chrysler reported that it would keep three of its assembly plants open all summer, while four of its plants will close for just one week and almost all of its engine, transmission and stamping plants will not take any breaks, according to Automotive News. GM did not disclose its specific plans, the website added. TODAY'S PRICE ACTION: In mid-morning trading, Ford climbed 1.7% to $15.20, Fiat added 0.9% to $7.05, and GM rose 0.8% to $33.65. Among auto parts makers, American Axle (AXL) advanced 1.6% to $17, Johnson Controls (JCI) climbed 0.8% to $37.85, and Dana Holding (DAN) rose 1.2% to $18.80. |
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| 08:43 EDT | | BA | Boeing sees $6.9T commercial airplane market opportunity over 20 years
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| 08:38 EDT |  | BA | Boeing affirms view of FY13 core EPS $6.10-$6.30, consensus $6.48
Repeats forecast for FY13 revenue $82B-$85B, consensus $83.86B. Says focused on additional 737 and 787 rate breaks, with expectations for rate increases to drive financial performance. Information from slides for Annual Investor Conference. |
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| 07:39 EDT |  | BA | Wolfe Trahan to host a conference
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| May 21, 2013 |
| 14:26 EDT |  | BA | Boeing volatility low into investor day
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| 10:33 EDT | | BA | Boeing confirms completion of 747-8 test flight
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| 07:32 EDT | | GM | CTIA–The Wireless Association to host a conference
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| 07:09 EDT | | BA | Boeing's Dreamliner returns to service in U.S. ,NY Times reportd
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| 06:17 EDT | | GM | Detroit automakers rebound as style sells, Bloomberg reports
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| May 20, 2013 |
| 15:11 EDT | | GM | GM marketing push set for new pickups, Reuters says
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| 11:25 EDT | | BA | Boeing volatility at low end of historic range as shares at record high
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| 08:59 EDT | | GM | General Motors price target raised to $43 from $34 at Argus
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| 07:20 EDT | | BA | Boeing price target raised to $105 from $98 at JPMorgan
JPMorgan raised its price target for Boeing citing expectations for higher 787 profitability and keeps an Overweight rating on the stock. |
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