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Stock Market & Financial Investment News

News Breaks
April 17, 2014
08:10 EDTTM, HMC, NSANY, VLKAY, BAMXY, DDAIFJapanese, 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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October 27, 2014
11:11 EDTHMCHonda recalling CR-V, Brio, Amaze vehicles in India, Times of India reports
Honda is recalling 2,338 CR-V, Brio and Amaze vehicles in India, the Times of India reports. The vehicles, manufactured between September 2011 and July 2014, are being recalled to replace a faulty part related to airbags. Reference Link
06:53 EDTVLKAYVolkswagen up against China protests after recall, Bloomberg says
After Volkswagen announced that it will recall over 581K New Sagitar and Beetle cars due to a rear torsion crank axle defect, the vehicle manufacture is up against country-wide protests in China, according to Bloomberg, citing comments from Volkswagen China’s executive president Soh Weiming. Reference Link
06:40 EDTTM, NSANY, HMCTakata mulls $19M-$28M charge to cover airbag recall expense, Reuters says
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06:17 EDTVLKAY, TMToyota leads over Volkswagen and GM in global vehicle sales, AP reports
Toyota (TM) continues to lead rivals Volkswagen (VLKAY) and General Motors (GM) as the world's top selling automaker in the first nine months of the year, reports the Associated Press. Toyota reported record sales of 7.62M vehicles, up 3% from last year. Volkwager said earlier this month it sold 7.4M vehicles in the nine-month period while GM reported 7.37M cars and trucks worldwide in the same period. Reference Link
October 24, 2014
18:25 EDTTMToyota won't seek price concessions from parts suppliers Nikkei says
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06:29 EDTHMC, TMHonda Mobilio zeros in on Toyota's domain in Indonesia, Reuters says
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October 23, 2014
13:11 EDTTMToyota sold Tesla shares, partnership ties reduced, Nikkei says
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10:08 EDTVLKAYAudi issues recall for 850K A4 vehicles due to airbag defect, WSJ says
Audi (AUDVF), a subsidiary of Volkswagen (VLKAY), announced the issuance of a global recall for 850K Audi A4 vehicles due to the need to fix faulty airbags, according to The Wall Street Journal, citing comments from an Audi spokesman. The car company noted that this defect is not related to the worldwide car recall relating to Takata's airbags. Reference Link
07:58 EDTNSANY, VLKAY, HMC, TMAutomakers under increased scrutiny after wide ranging air bag recall, WSJ says
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06:58 EDTHMCHonda volatility elevated into Q2 and outlook
Honda November call option implied volatility is at 31, December is at 24, January is at 23; compared to its 26-week average of 21 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on October 28.
06:37 EDTHMCHonda president, 12 execs take wage reduction after Fit recall, Reuters says
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06:32 EDTNSANYNissan issues worldwide recall for 260K cars for Takata airbags, Reuters says
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05:28 EDTDDAIFDaimler AG sees FY14 Group revenue increasing 'significantly'
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05:25 EDTDDAIFDaimler AG reports Q3 EPS EUR 2.56 vs. EUR 1.72 last year
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October 22, 2014
11:33 EDTTMToyota exec aims to keep Takata despite airbag defect, Reuters says
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06:24 EDTBAMXY, TM, NSANY, HMCNHTSA says over 6M cars involved in Takata airbag recalls
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October 21, 2014
08:12 EDTNSANYNissan selects Hertz as exclusive mobility partner
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October 20, 2014
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
06:39 EDTBAMXYReport says BMW CFO expects sales to increase more in FY15, Reuters says
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October 17, 2014
05:59 EDTVLKAYVolkswagen, partner recall over 581,000 vehicles in China, WSJ reports
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