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February 9, 2010
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| 12:46 EDT |  | TM |
| theflyonthewall.com: | Feds to investigate new Toyota problem, Washington Post reports | | Federal regulators said that they would check complaints about problems with the steering of Toyota (TM) Corolla vehicles, according to the Washington Post. The National Highway Traffic Safety Administration has received about 80 complaints from drivers who say they have had difficulty steering the Corollas. Many of the people who lodged the complaints said the cars wander on highways, making it difficult to keep the vehicles in one lane. Reference Link :theflyonthewall.com |
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| 12:19 EDT |  | TM |
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| 08:07 EDT | | TM |
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| 07:32 EDT | | TM |
| theflyonthewall.com: | On The Fly: Asian Markets Wrap-up | | A majority of Asian stocks advanced as investors speculated that Greece would get fiscal aid from other European countries. JAPAN: The Nikkei 225 declined 0.2% to 9,932.90. Nintendo (NTDOY) lost 1.1% and Koito Industries, which makes seats for airplanes, plunged 33% after it said that it would have to fix almost 150K seats that it had made. Toyota (TM) rallied 2.9% and Sumitomo Mitsui, a bank, added 2.1%. HONG KONG: The Hang Seng Index increased 1.2% to 19,790.28. Retailer Espirit Holdings rallied 5.1% and developer Hang Lung advanced 4.2%. China Overseas Land added 2.4% and Evergrande Real Estate Group climbed 5.1%. AROUND ASIA: China's Shanghai Composite increased 0.47% and Taiwan's Taiex jumped 2.01%, while India's Sensex increased 0.67%...China's auto sales more than doubled last month compared with the same period in 2009. :theflyonthewall.com |
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| 07:17 EDT | | TM |
| theflyonthewall.com: | Congress wants to know if Toyota understands what caused problems, WSJ reports | | Congressional investigators looking into Toyota's (TM) sudden acceleration problems that resulted in a massive recall want to know if the company and U.S. regulators clearly understand what caused the problems, reports the Wall Street Journal. A congressional hearing is scheduled to begin tomorrow. Reference Link :theflyonthewall.com |
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| 05:39 EDT |  | TM |
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| 05:37 EDT | | TM |
| theflyonthewall.com: | Toyota Aa1 rating reviewed by Moody's for possible downgrade | | Moody's Investors Service has placed the Aa1 senior unsecured long-term rating of Toyota Motor Corporation and its supported subsidiaries under review for possible downgrade. The company's Prime-1 short-term rating is not affected by this rating action. This action is prompted by Moody's concern that the growing scale of Toyota's product problems and associated recalls may have longer term impacts on its brand equity, pricing power and market share in key markets. :theflyonthewall.com |
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| 05:33 EDT | | TM |
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| 05:33 EDT | | TM |
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February 8, 2010
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| 14:01 EDT | | TM |
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| 11:19 EDT | | TM |
| theflyonthewall.com: | Toyota preparing to recall Prius tomorrow, CNBC reports, citing source | | :theflyonthewall.com |
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| 07:21 EDT | | TM |
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| 07:10 EDT | | TM |
| theflyonthewall.com: | Toyota has responded slowly to safety problems, NY Times reports | | Toyota (TM) has often moved slowly to remedy safety problems in recent years, according to the New York Times. The Japanese auto company began hearing complaints about sticking accelerator pedals as early as December 2008 but only began making changes to the part in its new vehicles in August 2009, according to the newspaper. In 2007, Toyota recalled 2007 and 2008 Camrys and Lexus ES 350s because the accelerator could stick under floor mats. The company's cars have been plagued with similar problems this year. Reference Link :theflyonthewall.com |
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| 06:08 EDT | | TM |
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February 7, 2010
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| 21:47 EDT | | TM |
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| 15:14 EDT | | TM |
| theflyonthewall.com: | Toyota to start recalling hybrid Prius in Japan, FT says | | According to the Financial Times, Toyota (TM) will begin recalling its latest-model Prius petrol-electric hybrid in Japan because of complaints about problems with its brakes. People familiar with the matter say that Toyota may start a similar recall in the U.S. and other markets. Reference Link :theflyonthewall.com |
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February 5, 2010
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| 11:23 EDT | | TM |
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| 07:54 EDT | | TM |
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| 06:59 EDT | | TM |
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| 06:30 EDT | | TM |
| theflyonthewall.com: | At least 29 class action suits have been filed against Toyota, Bloomberg reports |
 Subscribe for More Information :theflyonthewall.com |
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| 05:57 EDT | | TM |
| theflyonthewall.com: | Toyota recalls 4,518 cars in Israel, Haaretz reports | | Toyota (TM) has recalled 4,518 cars in Israel. The recalled models are the Yaris, Verso, Avensis and Auris. Toyota is currently fixing over six million vehicles worldwide, and the company estimates the problem will cost it $2B. Reference Link :theflyonthewall.com |
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| 05:55 EDT | | TM |
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| 05:47 EDT | | TM |
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February 4, 2010
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| 14:45 EDT | | TM |
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| 13:38 EDT | | TM |
| theflyonthewall.com: | Toyota says it has no information of Prius recall, WSJ reports | | :theflyonthewall.com |
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| 13:08 EDT | | TM |
| theflyonthewall.com: | Toyota to recall Prius units, Nikkei reports | | Toyota Motor has decided to recall an estimated total of some 270,000 units of its latest-generation Prius in Japan and the U.S. to fix a brake problem in the popular hybrid car, the Nikkei reports. The recall will cover only Priuses sold between May and December -- about 176,000 units in Japan and around 100,000 in the U.S. Reference Link :theflyonthewall.com |
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| 13:05 EDT | | TM |
| theflyonthewall.com: | Toyota to recall Prius in the U.S. and Japan,Bloomberg reports citing the Nikkei | | Toyota to recall about 270,000 units and will start examining SAI Lexus HS250H vehicles, Bloomberg reports citing the Nikkei. :theflyonthewall.com |
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| 12:25 EDT |  | TM |
| theflyonthewall.com: | Toyota Motor put volume and volatility stays elevated | | Toyota Motor is recently down $1.75 to $71.68. February put option implied volatility is at 46, March puts are at 44, April at 42; verses its 26-week average of 29, according to Track Data, suggesting larger near term price movement. Call option volume of 14,178 contracts compares to put volume of 30,761 contracts, suggesting traders taking position for downside price movement. :theflyonthewall.com |
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| 12:14 EDT | | TM |
| theflyonthewall.com: | Toyota issues statement on Prius brake issue | | Toyota is aware of NHTSA's intention to begin a Preliminary Evaluation centered on owner complaints of a braking issue with the 2010 model year Prius. Toyota will cooperate fully with NHTSA's investigation. :theflyonthewall.com |
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| 10:34 EDT | | TM |
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| 09:49 EDT | | TM |
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| 09:34 EDT | | TM |
| theflyonthewall.com: | U.S. DOT opens Toyota 2010 Prius brakes investigation, Bloomberg reports | | :theflyonthewall.com |
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| 09:33 EDT | | TM |
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| 08:54 EDT | | TM |
| theflyonthewall.com: | Three stocks with IV rise on Feb 3; TM SPH YRCW | | Three stocks with IV rise on Feb 3; Toyota Motors-TM +7%, Suburban Propane-SPH + 5%, Yellow Roadway-YRCW +11% according to IVolatility. :theflyonthewall.com |
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| 08:53 EDT | | TM |
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| 08:22 EDT | | TM |
| theflyonthewall.com: | Toyota investigating brakes on all hybrid models, WSJ reports | | Following a slew of brake problems with its Prius hybrid, Toyota (TM) is investigating the braking systems of all other hybrid models like the Sai and Lexus HS250h luxury hybrid sedan, the Wall Street Journal reports. Reference Link :theflyonthewall.com |
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| 07:35 EDT | | TM |
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| 06:59 EDT | | TM |
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| 06:38 EDT | | TM |
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| 06:23 EDT | | TM |
| theflyonthewall.com: | Toyota had downplayed Prius brake issue, Nikkei reports | | In response to a "belated" announcement about increasing complaints, Toyota (TM) had concluded that it did not need to make problems with the Prius hybrid's brakes public, according to general manager Mitsuru Takada. Reference Link :theflyonthewall.com |
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| 06:19 EDT | | TM |
| theflyonthewall.com: | Recalls could cost Toyota 100,000 units in sales through March, Nikkei reports |
Subscribe for More Information :theflyonthewall.com |
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| 05:29 EDT | | TM |
| theflyonthewall.com: | Toyota expects 100B yen in recall costs | | :theflyonthewall.com |
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| 05:29 EDT |  | TM |
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| 05:28 EDT | | TM |
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February 3, 2010
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| 16:24 EDT | | TM |
| theflyonthewall.com: | Options Update; February 3, 2010 | | Option volume leaders today according to Track Data are: CSCO AAPL BAC TM. CBOE Volatility Index-VIX up 12c to 21.60 CBOE Put / Call Ratio 0.82. :theflyonthewall.com |
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| 13:24 EDT | | TM |
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| 12:24 EDT | | TM |
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| 12:19 EDT | | TM |
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| 12:15 EDT | | TM |
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| 12:14 EDT | | TM |
| theflyonthewall.com: | LaHood: I encourage anyone with affected Toyota models to get it fixed | | :theflyonthewall.com |
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| 11:56 EDT | | TM |
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| 11:01 EDT | | TM |
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| 10:54 EDT |  | TM |
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| 10:54 EDT | | TM |
| theflyonthewall.com: | Ray Lahood says owners shouldn't drive recalled Toyotas, Bloomberg reports | | Transportation Secretary Ray LaHood said owners of recalled Toyotas should "stop driving" them and bring them to a Toyota dealer for repair, Bloomberg reports. "We need to fix the problem so people don’t have to worry about disengaging the engine or slamming the brakes on or put it in neutral,” LaHood said today at a House Appropriations panel hearing. :theflyonthewall.com |
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| 10:34 EDT | | TM |
| theflyonthewall.com: | U.S. Transportation Secretary says stop driving recalled Toyota and return it |
Subscribe for More Information :theflyonthewall.com |
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| 08:07 EDT | | TM |
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| 07:21 EDT | | TM |
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| 07:08 EDT | | TM |
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| 07:02 EDT | | TM |
| theflyonthewall.com: | On The Fly: Periodicals Wrap-Up | | WALL STREET JOURNAL: China on Tuesday renewed its pledge to punish U.S. companies that are involved in Washington's plan to sell weapons to Taiwan, in another sign of Beijing's increasingly assertive foreign policy, reports the Wall Street Journal...Home builders have lost half their share of the U.S. housing market in the past two years, largely because of competition from cheap foreclosed houses, reports the Wall Street Journal. In 2009 only 7.6% of the homes sold were newly constructed, down from the average of about 16% over the previous two decades. But home builders are fighting back, cutting prices, promising to complete homes faster, and warning about the risks of buying foreclosed property...DETROIT NEWS: As it deals with massive global recalls, Toyota (TM) has reportedly also received over 100 complaints in Japan and the U.S. about brake problems with the Prius hybrid, the Detroit News reports...GLOBES: Pfizer (PFE) has reportedly dropped out of the running for Ratiopharm, and now Teva (TEVA) may be close to an acquisition of the German pharmaceuticals company, reports Globes. Teva is still up against Actavis, which is backed by private equity firm EQT, for Ratiopharm. The acquisition price is likely to be about $4.17B...BARRON'S: Analysts still don't think Under Armour (UA) is a bargain, Barrons.com reports. An unprecedented misstep on Under Armour's latest footwear roll-out damaged the company's reputation for new-product launches, and hurt its financial performance. :theflyonthewall.com |
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| 06:10 EDT | | TM |
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February 2, 2010
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| 16:17 EDT | | TM |
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| 14:37 EDT | | TM |
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| 13:46 EDT | | TM |
| theflyonthewall.com: | Chrysler Group reports January U.S. sales down 8%, Bloomberg reports | | :theflyonthewall.com |
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| 13:42 EDT | | TM |
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| 12:35 EDT | | TM |
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| 10:52 EDT | | TM |
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| 09:42 EDT | | TM |
| theflyonthewall.com: | Volkswagen to refrain from targeting U.S. Toyota customers, Bloomberg reports |
Subscribe for More Information :theflyonthewall.com |
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| 07:27 EDT | | TM |
| theflyonthewall.com: | On The Fly: Asian Markets Wrap-Up | | Asian stocks were mixed as commodities rose but worries persisted over China's attempts to limit lending. JAPAN: The Nikkei 225 gained 1.6% to 10,371.09. Toyota (TM) rallied 4.5% after announcing that it would provide its U.S. dealers with repair kits this week that would enable them to fix the faulty accelerators of the company's vehicles. Isuzu jumped 6.2%, while camera maker Canon (CAJ) added 2.7%. Mitsubishi Corp. (MSBHY), a brokerage, advanced 5.1%. CHINA: The Shanghai Composite Index inched down 0.2% to 2,934.71. China Eastern Airlines (CEA) sank 5.1% after its new shares went on sale and real estate developer China Vanke (CVKEF) retreated 1.4%. Jiangxi Copper Co. climbed 2.3% and gold producer Zijin Mining rallied 5.9%. AROUND ASIA: Hong Kong's Hang Seng Index inched up 0.14%, but Taiwan's Taiex dropped 1.26% and South Korea's Kospi lost 0.66%...Australia kept its key interest rate at 3.75%. Most economists and traders expected the country to increase interest rates. :theflyonthewall.com |
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| 07:25 EDT | | TM |
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| 07:01 EDT | | TM |
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| 06:31 EDT | | TM |
| theflyonthewall.com: | Toyota recalls 180,000 cars in Latin America, Africa and Mideast, Nikkei reports | | Toyota (TM) is set to recall 180,000 vehicles in the Middle East, Latin America and Africa. The recalls are due to faulty gas pedals, the same problem that has seen recalled vehicles in the U.S., Canada, Europe and China. The total number of recalled vehicles in all regions is up to 45M. Reference Link :theflyonthewall.com |
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February 1, 2010
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| 14:38 EDT | | TM |
| theflyonthewall.com: | Toyota Motor options active as shares rally 4% on gas-pedal fix | | Toyota Motor is recently up $3.38 to $80.38 after announcing it has begun shipping a fix to the gas-pedal problem involved in the recall of millions of vehicles. Call option volume of 6,828 contracts compares to put volume of 8,396 contracts. February option implied volatility is at 35, March is at 32, April is at 31; verses its 26-week average of 28, according to Track Data, suggesting larger near term price movement. :theflyonthewall.com |
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| 07:26 EDT | | TM |
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| 07:25 EDT | | TM |
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| 07:02 EDT | | TM |
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| 06:21 EDT | | TM |
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January 29, 2010
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| 12:06 EDT | | TM |
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| 12:05 EDT | | TM |
| theflyonthewall.com: | On The Fly: U.S. Mid-Day Market Wrap-Up | | Stocks on Wall Street are now mixed...The U.S. economy expanded 5.7% in the fourth quarter, the fastest clip in six years...Consumer confidence showed gains in January...Most industry sectors are higher...Crude oil has increased. Gold is trading lower...The Dow is up 15.49 to 10,135.95, the NASDAQ is down 6.36 to 2,172.64, and the S&P lost 0.60 to 1,083.93...MARKET NEWS: Toyota (TM) has reportedly found a solution to its faulty gas pedals that forced millions of cars to be recalled, and as it faces U.S. Congressional hearings...Netflix (NFLX) is rumored to potentially be a takeover target of Amazon (AMZN)...Staples (SPLS) reached a settlement in several retail wage and hour class action lawsuits related to the alleged misclassification of its assistant store managers concerning overtime pay. :theflyonthewall.com |
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| 10:17 EDT | | TM |
| theflyonthewall.com: | Toyota finds fix for gas pedals, Detroit News reports | | Toyota (TM) told employees in an e-mail last night that it presented a remedy to federal regulators for the gas pedal recall and will update employees with details, the Detroit News reports. Reference Link :theflyonthewall.com |
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| 10:09 EDT | | TM |
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| 09:39 EDT | | TM |
| theflyonthewall.com: | Silence is deafening at Toyota, Globe and Mail reports | | People are starting to question why Toyota's (TM) CEO, Akio Toyoda, has not come out and addressed the accelerator recall that could potentially do irreversible damage to its brand and once stellar reputation, Globe and Mail reports. “The top management should show a strong message to customers and also to people who work for the company. I think it is the most important matter, when a company has a crisis, the top management's attitude is very important," said Tatsuya Mizuno, founder of Mizuno Credit Advisory. Reference Link :theflyonthewall.com |
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| 06:33 EDT | | TM |
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| 06:27 EDT | | TM |
| theflyonthewall.com: | Toyota to decide future of 750 staff, Independent reports | | Toyota's (TM) U.K. unit is in talks with trade unions over 750 workers that will not be needed after its second production line is closed this August. While the company has ruled out compulsory layoffs, other options may include work-share arrangements, voluntary redundancies or further reductions of hours or pay. Reference Link :theflyonthewall.com |
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January 28, 2010
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| 12:05 EDT | | TM |
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| 11:31 EDT | | TM |
| theflyonthewall.com: | CTS says three plants are now producing the pedals, Bloomberg reports | | :theflyonthewall.com |
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| 11:30 EDT | | TM |
| theflyonthewall.com: | CTS Corporation says it has "the fix" for Toyota pedal, Bloomberg reports | | :theflyonthewall.com |
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| 10:41 EDT | | TM |
| theflyonthewall.com: | Honda dealers told to avoid predatory moves following Toyota recall, DJ reports |
Subscribe for More Information :theflyonthewall.com |
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| 10:33 EDT | | TM |
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| 10:32 EDT | | TM |
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| 10:10 EDT | | TM |
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| 09:43 EDT | | TM |
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| 08:39 EDT |  | TM |
| theflyonthewall.com: | CTS Corporation won't be hurt by Toyota issues over long-term, says Gabelli | | Gabelli notes that CTS Corp., (CTS) which is the primary supplier of pedals to Toyota (TM), only obtains 3% of sales from the Japanese auto maker while CTS' sales to all auto companies only account for 28% of its revenue. The firm adds that Toyota has not blamed CTS for the acclerator problem, and it maintains a Buy rating on CTS. :theflyonthewall.com |
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| 07:59 EDT | | TM |
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| 07:02 EDT | | TM |
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| 06:34 EDT | | TM |
| theflyonthewall.com: | Jobs under threat at Toyota plants in Wales, Derbyshire, BBC News reports | | Toyota (TM) says there is a "surplus" of 750 posts at its Flintshire and Derbyshire factories. Managers are currently reviewing the situation, and are not said to be considering compulsory redundancies. Toyota says it has not decided what action to take regarding the situation. Reference Link :theflyonthewall.com |
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| 06:21 EDT | | TM |
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| 06:06 EDT | | TM |
| theflyonthewall.com: | Hertz to stop renting recalled Toyotas | | Hertz (HTZ) announced it will temporarily stop renting vehicles named in Toyota's (TM) voluntary recall. The Company's Chairman and CEO Mark P. Frissora said, "We are taking action so there can be no question about the safety of our customers and the cars we rent. We expect these actions will have minimal operational disruptions." The Company said it is working closely with Toyota to make necessary repairs as quickly as possible, and that several Toyota models in its rental fleet are not included in the recall. :theflyonthewall.com |
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| 06:04 EDT | | TM |
| theflyonthewall.com: | Toyota's India operations won't be impacted by recall, Times of India reports |
Subscribe for More Information :theflyonthewall.com |
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| 05:47 EDT | | TM |
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January 27, 2010
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| 21:12 EDT | | TM |
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| 13:21 EDT | | TM |
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| 12:49 EDT | | TM |
| theflyonthewall.com: | CTS Corporation says it has no knowledge of Toyota problems, WSJ reports | | CTS Corporation (CTS) said, "Toyota has not made us aware and we have no knowledge of problems," the Wall Street Journal reports. :theflyonthewall.com |
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| 12:38 EDT | | TM |
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| 10:13 EDT |  | TM |
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| 08:17 EDT | | TM |
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| 07:40 EDT | | TM |
| theflyonthewall.com: | Ford volatility flat into Toyota halting sales on eight models | | Ford (F) is recently trading at $11.48 in pre-open, above its close of $11.19. Toyota Motor (TM) announced that it is instructing Toyota dealers to temporarily suspend sales of eight models involved in the recall for sticking accelerator pedal, announced on January 21, 2010. February and March option implied volatility of 52 is near its 26-week average of 53, according to Track Data, suggesting non-directional price movement. :theflyonthewall.com |
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| 07:39 EDT | | TM |
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| 07:30 EDT | | TM |
| theflyonthewall.com: | Toyota Motor volatility flat into sales halt of eight models | | Toyota Motor closed at $86.78. TM announced that it is instructing Toyota dealers to temporarily suspend sales of eight models involved in the recall for sticking accelerator pedal, announced on January 21, 2010. Overall option implied volatility of 27 is near its 26-week average of 27, according to Track Data, suggesting non-directional price movement. :theflyonthewall.com |
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| 07:25 EDT | | TM |
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| 05:54 EDT | | TM |
| theflyonthewall.com: | Toyota Motor suspends sales of eight models involved in recall | | Toyota Motor announced that it is instructing Toyota dealers to temporarily suspend sales of eight models involved in the recall for sticking accelerator pedal, announced on January 21, 2010. Toyota's accelerator pedal recall and suspension of sales is confined to the following Toyota Division vehicles: 2009-2010 RAV4, 2009-2010 Corolla, 2009-2010 Matrix, 2005-2010 Avalon, Certain 2007-2010 Camry, 2010 Highlander, 2007-2010 Tundra, and 2008-2010 Sequoia. :theflyonthewall.com |
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