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Stock Market & Financial Investment News

News Breaks
April 17, 2014
08:10 EDTDDAIF, NSANY, BAMXY, HMC, VLKAY, TMJapanese, German car manufacturers benefiting on Korea deal, Reuters says
Japanese and German car manufacturers are benefiting more than their U.S. rivals from a free trade deal between Washington and Seoul, according to Reuters, citing numbers inferring U.S. brands are not reaping the rewards they may have foreseen from the agreement. Car-makers in Germany include Volkswagen (VLKAY), BMW (BAMXY) and Daimler (DDAIF). Car-makers in Japan include Toyota (TM), Honda Motor (HMC) and Nissan (NSANY). Reference Link
News For TM;HMC;NSANY;VLKAY;BAMXY;DDAIF From The Last 14 Days
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December 18, 2014
18:27 EDTTMToyota to consolidate seat-making operations, Nikkei reports
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08:23 EDTVLKAYSeveral automakers halt Russia car sales due to ruble, Bloomberg reports
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08:07 EDTTMToyota to invest $126M to expand Southeast Michigan R&D campuses
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December 17, 2014
06:52 EDTHMCHonda tests on Takata airbags show 'shortcomings' in quality, Reuters says
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December 16, 2014
18:45 EDTHMCHonda to add additional $168M to FY14 expenses from airbag recall, Nikkei says
Honda (HMC) is expected to add more than $168M to its current FY14 expenses due to recalls of vehicles installed with faulty air bags made by Takata (TKTDY), Nikkei says. Reference Link
13:14 EDTHMCHonda to recall about 570,000 cars in China due to Takata air bags, Reuters says
Honda (HMC) and its joint ventures in China plan to recall 569,769 cars due to potentially defective air bags manufactured by Takata (TKTDY), Reuters says. Reference Link
December 15, 2014
13:16 EDTNSANY, VLKAY, HMC, TMUAW head looking for wage hikes in new contract, Automotive News says
Veteran auto workers should get a wage increase in a new contract, while the compensation of newly hired employees should move closer to that of longer serving workers, UAW President Dennis Williams said today, according to Automotive News. Williams said he is not considering launching a strike when the auto workers' contact ends in September, the website added. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).Reference Link
06:55 EDTTM, VLKAY, NSANY, HMCTakata tightening restrictions on suppliers, Reuters reports
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December 11, 2014
15:56 EDTNSANY, VLKAY, HMCAutomaker lending arms probed by NYDFS, NY Post reports
The New York Department of Financial Services has subpoenaed the financing arms of Ford (F), Honda (HMC), Hyundai, Nissan (NSANY) and Volkswagen (VLKAY), as well as Banco Santander (SAN) and TD Bank (TD), said the New York Post, citing a source familiar with the investigation. Reference Link
06:30 EDTNSANY, TMNissan recalling 1520,000 cars globally using Takata air bags, Reuters reports
Nissan (NSANY) is recalling 152,000 vehicles around the world that use Takata's (TKTDY) passenger site air bags, Reuters reports. The cars are being recalled after an "unusual deployment" of a Takata air bag in Japan, which also led to recalls by Toyota (TM). Reference Link
December 9, 2014
09:47 EDTNSANYNissan recalling 470,000 cars and SUVs due to fuel leak issue, AP reports
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December 8, 2014
18:31 EDTHMCHonda to expand air bag recall worldwide, Nikkei reports
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11:10 EDTTM, NSANY, VLKAY, HMCVolkswagen sees challenging developments continuing for rest of year
Volkswagen (VLKAY) said, “The challenging developments on markets worldwide – above all in Eastern Europe and South America – will continue for the remainder of this year. The Volkswagen Passenger Cars brand handled these challenges successfully during the course of the year, but was not entirely immune to their impact.” Other publicly traded companies in the passenger automotive space include Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), and Toyota (TM).
11:09 EDTVLKAYVolkswagen reports passenger car deliveries up 2% to 5.6M in year-to-November
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December 5, 2014
12:10 EDTVLKAYVolkswagen buys stake in battery startup, Bloomberg reports
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10:00 EDTHMCOn The Fly: Analyst Downgrade Summary
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07:09 EDTHMCHonda downgraded to Neutral from Outperform at Credit Suisse
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07:02 EDTHMCHonda set to recall 135,000 vehicles in Japan, Reuters reports
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December 4, 2014
06:51 EDTTMToyota to recall more vehicles to fix air bags, Reuters reports
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