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Stock Market & Financial Investment News

News For DIOD;BBY;TM;BCDS;JCP;SWHC;SHLD;RSH From The Last 14 Days
Check below for free stories on DIOD;BBY;TM;BCDS;JCP;SWHC;SHLD;RSH the last two weeks.
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September 11, 2014
03:27 EDTRSHRadioShack loan being prepped by UBS, Standard General, Bloomberg says
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September 10, 2014
18:28 EDTRSHRadioShack loan being prepped by UBS, Standard General, Bloomberg says
According to three people with knowledge of the situation, UBS is working with Standard General on loans for RadioShack as it tries to avoid bankruptcy, Bloomberg reports. Reference Link
15:51 EDTRSHRadioShack loan being prepped by UBS, Standard General, Bloomberg says
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15:27 EDTTMToyota searching for Mexico assembly plant site, Bloomberg reports
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11:43 EDTJCP, SHLDLand's End soars after better than expected Q2 results
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10:00 EDTDIODOn The Fly: Analyst Downgrade Summary
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09:17 EDTTMChina mulls easing car dealer restrictions, Bloomberg says
China's Ministry of Commerce is considering whether to ease rules on car dealers and allow them to sell vehicles from multiple brands in the same store, according to Bloomberg, citing people familiar with the matter. Note that both Bitauto (BITA) and Autohome (ATHM), which operate automobile buyer focused websites in China, were down significantly during yesterday's trading, though it is unclear if the reported new regulations play a role in their share weakness. Publicly traded carmakers include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
06:32 EDTDIODDiodes downgraded to Neutral from Outperform at RW Baird
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September 9, 2014
18:31 EDTDIODOn The Fly: After Hours Movers
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16:27 EDTDIODDiodes raises Q3 revenue view to $230M-$238M from $228M-$238M, consensus $233.6M
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10:57 EDTTMMobileye climbs after analyst says GM, Tesla using technology
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09:55 EDTRSHRadioShack price target cut to $0, bankruptcy likely, says Wedbush
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09:28 EDTTMMobileye price target raised to $62 from $48 at Citigroup
Citigroup raised its price target for Mobileye (MBLY) shares to $62 saying it left day one of the ITS World Congress feeling better about its thesis regarding the company landing Toyota (TM) as a client. Citi says Toyota is one of few remaining large OEMs that has yet to enter production with Mobileye. It believes Toyota recognizes Mobileye’s distinct technological advantages and expects to source more ADAS suppliers over the medium-term. William Blair this morning said it believes Tesla (TSLA) and GM (GM) are using Mobileye for their automated highway driving assist technology while Morgan Stanley upped its price target for shares to $65. The stock is trading up 6% to $56.23 in pre-market trading.
07:16 EDTJCPSterne Agee to hold a field trip
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06:09 EDTTMVerizon CEO sees self-driving cars 3-5 years away, Detroit News reports
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September 8, 2014
13:04 EDTTMAugust vehicle sales drop in Russia, WSJ says
The Association of European Businesses said that the sales of new vehicles in August throughout Russia have dropped at the quickest rate so far in 2014, according to The Wall Street Journal, citing a statement from chairman of the AEB Automobile Manufacturers Committee Joerg Schreiber. Industry officials are anticipating sales in the country for 2014 to decrease another 20% after a 5% decline last year. Publicly traded companies in the automobile industry include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
11:15 EDTJCPJ.C. Penney volatility at 27-month low
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07:34 EDTTMU.S. claims China breaks commitments amid Qualcomm, Microsoft probes, WSJ says
As Microsoft (MSFT) and Qualcomm (QCOM) are being investigated for potential monopolistic activity by Chinese regulators and lawmakers there recently alleged price manipulation by foreign automakers including Toyota (TM), Honda (HMC) and Daimler (DDAIF), the U.S. Chamber of Commerce alleged that China's use of its antimonopoly law has been subjective and its implementation skewed to favor China's local companies, reported The Wall Street Journal. Reference Link
06:51 EDTTMTesla head says 'not surprised' if Toyota deal happens, Reuters says
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06:21 EDTBBYSmartwatch market to reach $10B by 2018, says Citigroup
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