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Stock Market & Financial Investment News

News Breaks
May 15, 2014
06:19 EDTTMToyota relocation to Texas seen to improve economy by $7.2B, Bloomberg says
Toyota's relocation of its U.S. headquarters to Plano, Texas, may also spark $7.2B of economic activity over the next decade, according to Bloomberg, citing an analysis for the city. Reference Link
News For TM From The Last 14 Days
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December 19, 2014
09:24 EDTTMJohnson Controls Magna could be hurt by Toyota consolidation, says Wells Fargo
Wells Fargo beleives that Johnson Controls (JCI) and Magna (MGA) could be hurt in the intermediate term by Toyota's (TM) decision to merge the seating manufacturing operations of four of its affiliates. Wells thinks Toyota's move should make bidding for seating deals more competitive. It keeps Market Perform ratings on Johnson Controls and Magna.
December 18, 2014
18:27 EDTTMToyota to consolidate seat-making operations, Nikkei reports
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08:07 EDTTMToyota to invest $126M to expand Southeast Michigan R&D campuses
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December 15, 2014
13:16 EDTTMUAW 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 EDTTMTakata tightening restrictions on suppliers, Reuters reports
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December 11, 2014
06:30 EDTTMNissan 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

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