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Stock Market & Financial Investment News

News Breaks
March 18, 2013
06:03 EDTTMToyota recalling 209,000 FJ Cruiser SUVs, Detroit News reports
Toyota (TM) is recalling 209,000 2007-2013 model year FJ Cruiser SUVs as their front seatbelt retractors could fall off, the Detroit News reports. The automaker has not received any reports of injuries due to the defect. Reference Link
News For TM From The Last 14 Days
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May 14, 2013
15:50 EDTTMToyota class-action settlement could cover 22M former owners, Detroit News says
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May 10, 2013
07:09 EDTTMToyota helped by weaker yen, Bloomberg reports
Toyota’s years of fighting the yen is over, at least for now. The weakening yen breached 100 against the dollar in U.S. trading yesterday, opening the way for Japan to emerge from an unprecedented and largely uninterrupted five-year stretch where the currency’s appreciation beyond that level roiled exporters and their ability to sell cars and other products abroad, reports Bloomberg.Reference Link
06:10 EDTTMOn the Fly: Periodicals Wrap-Up
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May 9, 2013
05:59 EDTTMGM: Most Silverado truck sales this year will be older model, Bloombeg reports
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May 8, 2013
06:00 EDTTMToyota sees FY14 net revenue 1.37T yen, net income 1.37T yen
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05:59 EDTTMToyota remains cautious as profit grows, Reuters reports
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05:58 EDTTMToyota reports FY13 net income 962.16B yen vs. 283.6B yen a year ago
Reports FY13 revenue 22.1T yen vs. 18.58T yen a year ago. Toyota said major factors contributing to the increase in operating income include the positive effects from marketing activities generating 650B yen, cost reduction efforts saving 450B yen and currency fluctuations of 150B yen, which offset the negative effects from related expenses of 300B yen. Consolidated vehicle sales totaled 8.871M units, an increase of 1.519M units compared to the previous fiscal year.

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