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Stock Market & Financial Investment News

News Breaks
May 2, 2014
06:46 EDTTM, GMToyota joins push to quicken hydrogen-fuel station openings, Bloomberg says
Toyota (TM) is funding FirstElement Fuel, a startup led by GM (GM)'s ex- Marketing Chief, to quicken the opening of hydrogen-fuel stations in California needed for zero-emission vehicles, according to Bloomberg, citing letters filed with the California Energy Commission. Reference Link
News For TM;GM From The Last 14 Days
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October 21, 2014
10:00 EDTGMOn The Fly: Analyst Initiation Summary
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06:26 EDTGMGeneral Motors initiated with a Neutral at Susquehanna
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October 20, 2014
11:53 EDTGMDeaths tied to faulty GM ignition-switch increases to 29, Reuters says
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10:32 EDTTMToyota recalls 247K vehicles equipped with faulty Takata air bags
Toyota Motor Sales, U.S.A. announced plans to conduct a supplemental safety recall of approximately 247,000 Toyota Corolla, Matrix, Sequoia, Tundra and Lexus SC vehicles produced from 2001 to 2004 and equipped with front passenger airbag inflators supplied by Takata Corporation. This action intensifies Toyota’s efforts to reach customers and remedy previously recalled vehicles, and a small number of newly included vehicles, in certain geographic areas that appear to warrant immediate action, based on testing by the supplier. Reference Link
08:22 EDTGMCourt rules GM loan docs valid despite mistake, Reuters reports
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October 17, 2014
18:10 EDTGMGeneral Motors General Counsel Michael Millikin to retire in early 2015
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16:31 EDTGMGeneral Motors announces $12.5B revolving credit facility
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October 16, 2014
12:04 EDTGMStocks with call strike movement; ABBV GM
AbbVie (ABBV) January 60 call option implied volatility decreased 5% to 29, General Motors (GM) March 33 call option implied volatility decreased 4% to 39 according to IVolatility.
06:34 EDTGM, TMChina to punish automakers that miss fuel standards, Reuters reports
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October 15, 2014
13:27 EDTGMGM faces $10B suit due to recalls, Bloomberg says
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10:16 EDTGMGeneral Motors reports Q3 worldwide sales up 2% to 2.45M units
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06:54 EDTTMWatchdog says Toyota JV issued recall for over 93K vehicles, Reuters says
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06:44 EDTTMToyota issues recall for 1.67M cars due to brake defect, Reuters says
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October 14, 2014
18:12 EDTTMToyota to manufacture SUVs in Turkey starting in 2016, Nikkei reports
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10:01 EDTGMOn The Fly: Analyst Downgrade Summary
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06:20 EDTGMGeneral Motors downgraded to Buy from Conviction Buy at Goldman
Goldman removed General Motors from the Conviction Buy List and lowered estimates to to cuts in North American and European production and a difficult pricing environment. The firm maintains its Buy rating and views risk/reward as favorable and expects reasonably strong comps over then next two quarters. Price target lowered to $47 from $48.
05:34 EDTTMToyota reports September global hybrid sales surpassed 7M unit mark
Toyota announced global hybrid sales surpassed the 7M unit mark in September. Toyota achieved this latest million-unit hybrid milestone at the record pace of nine months. Including hybrid vehicles launched this year, Toyota will introduce at total of 15 new hybrids globally through 2015. Hybrids launched this year comprise the Lexus Voxy Hybrid and Noah Hybrid in Japan only, and the Lexus NX 300h. This month Toyota will introduce the Lexus RC 300h. Toyota plans to continue expanding its hybrid lineup and increase the number of countries and regions where it sells hybrid vehicles.
October 13, 2014
12:10 EDTGMGM lawyer says 27 people eligible for ignition switch compensation, AP reports
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06:44 EDTGM, TMRegulators seeking banks' auto loan data, Reuters reports
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October 12, 2014
17:21 EDTGMTesla ahead of other car makers on semiautonomous driving system, WSJ says
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