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Stock Market & Financial Investment News

News Breaks
July 9, 2014
07:52 EDTTM, HMC, NSANY, TSLA, GMJapan leading drive for fuel cell vehicles, FT says
Japanese carmakers, supported by government initiatives and subsidies, are leading the charge to commercialize fuel cell vehicles, with Toyota (TM) having confirmed plans to launch a hydrogen fuel cell sedan in Japan before April, Nissan (NSANY) aiming to debut one in 2017 and Honda (HMC) joining forces with General Motors (GM) to develop the technology, with an intent to launch a fuel-cell car by 2020, said Financial Times. The report notes that Tesla (TSLA) CEO and founder, Elon Musk, has been among the harshest critics of fuel cells, famously having called them “fool cells.” Reference Link
News For TM;HMC;NSANY;TSLA;GM From The Last 14 Days
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July 10, 2014
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
July 9, 2014
16:01 EDTTSLAOptions Update; July 9, 2014
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09:56 EDTTSLAChina plans tax-break for electric vehicles, Dow reports
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09:47 EDTNSANY, TM, HMC, GMNew car sales in India rose 15% in June, WSJ reports
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09:43 EDTGMGeneral Motors, Manchester United debut sponsored shirt for 2014-15 season
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09:35 EDTTSLAActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL AA FB AMZN TSLA TWTR MU NFLX GG CELG
09:21 EDTGMDelphi CEO to testify about GM ignition switches, Automotive News says
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07:52 EDTTSLA, NSANY, GM, TM, HMCJapan leading drive for fuel cell vehicles, FT says
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06:28 EDTGMGM Korea employees approve strike amid stalled wage discussions, Reuters says
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06:17 EDTGMGM CEO, general counsel to testify before Senate subcommittee, WSJ reports
Mary Barry, the CEO of General Motors (GM), and the company's general counsel, Mike Millikin, have been called to testify next week before a Senate subcommittee looking at why it took the automaker almost 11 years to recall older cars equipped with a faulty ignition switch, the Wall Street Journal reports. Delphi Automotive (DLPH) CEO Rodney O'Neal and Kenneth Feinberg have also been called as witnesses. Reference Link
06:04 EDTHMCHonda recalls 14,000 Acura ILX, ILX hybrid vehicles, Detroit News reports
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July 8, 2014
12:48 EDTTSLAOn The Fly: Midday Wrap
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12:25 EDTGMGM won't use insurance to pay ignition claims, Automotive News reports
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12:17 EDTTSLATesla under pressure for a second session, levels to watch
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12:06 EDTTSLAStocks with call strike movement; FB TSLA
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09:36 EDTTSLAActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TSLA TWTR GILD EXXI FB MGM
06:54 EDTGMGM Korea head says potential strike could mean output cuts, Reuters says
GM South Korea CEO Sergio Rocha warned employees that a possible strike could prompt further production reductions in one of its major Asian manufacturing centers, according to Reuters, citing comments from Rocha. GM's 15K unionized employees in South Korea plan to cast ballots on whether to hold a strike for a fourth consecutive year, signaling a reemergence of summer labor unrest in the country's vehicle industry. Reference Link
06:36 EDTTSLATesla faces trademark infringement suit in China, Reuters says
Tesla is up against a trademark infringement suit in China after Zhan Baosheng, who registered the "Tesla" trademark before the U.S. firm came to China, decided to take the automaker to court and is demanding that the firm stop all sales and marking activities in the country, reported Reuters. http://www.reuters.com/article/2014/07/08/us-tesla-motors-china-idUSKBN0FD0TW20140708
06:29 EDTGMGeneral Motors elects not to recall trucks with brake problems, NY Times says
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05:55 EDTTSLAStocks with implied volatility movement; TSLA GMCR
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