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Stock Market & Financial Investment News

News Breaks
July 28, 2014
06:04 EDTTMNHTSA closes Toyota Prius defect petition review
On January 3, 2013, NHTSA received a letter from Ms. Jessie A. Powell petitioning the agency to investigate drivability and braking concerns in the subject vehicle. The petitioner identified complaints of poor braking performance and low brake pedal received by NHTSA concerning Prius models. Broader review of the consumer complaints reported for all variants of the subject vehicle showed no indication that either the reported jolting sensation or the brake performance concerns reported are occurring in this vehicle population at a level that would require investigative action by NHTSA. In the Agency's view, additional investigation is unlikely to result in a finding that a defect related to motor vehicle safety exists in the subject vehicles. Therefore, given the need to allocate and prioritize NHTSA limited resources to best accomplish the Agency's safety mission, the petition is denied. This action does not constitute a finding by NHTSA that a safety-related defect does not exist. The Agency will take further action if warranted by future circumstances. Reference Link
News For TM From The Last 14 Days
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September 30, 2014
10:02 EDTTMOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AMAG Pharmaceuticals (AMAG) upgraded to Outperform at FBR Capital... Addus HomeCare (ADUS) upgraded to Outperform from Perform at Oppenheimer... Alcoa (AA) upgraded at BofA/Merrill... Ashford Hospitality Prime (AHP) upgraded to Outperform from at FBR Capital... Associated British Foods (ASBFY) upgraded to Outperform from Neutral at Credit Suisse... CSC (CSC) upgraded at Raymond James... Century Aluminum (CENX) upgraded to Buy from Neutral at BofA/Merrill... Dominion Diamond (DDC) upgraded to Overweight from Equal Weight at Barclays... Flagstar Bancorp (FBC) upgraded to Neutral from Sell at BTIG... Freeport McMoRan (FCX) upgraded to Buy from Neutral at BofA/Merrill... Hudbay Minerals (HBM) upgraded to Buy from Neutral at BofA/Merrill... ICU Medical (ICUI) upgraded at Raymond James... Lockheed Martin (LMT) upgraded at Stifel... Mellanox (MLNX) upgraded to Overweight from Neutral at Piper Jaffray... NiSource (NI) upgraded to Outperform from Neutral at Credit Suisse... Northwest Bancshares (NWBI) upgraded to Outperform at Boenning & Scattergood... NuVasive (NUVA) upgraded to Buy from Hold at Brean Capital... Patterson-UTI Energy (PTEN) upgraded to Equal Weight at Morgan Stanley... Raytheon (RTN) upgraded at Stifel... Royal Dutch Shell (RDS.A) upgraded to Outperform from Market Perform at Bernstein... Seventy Seven Energy (SSE) upgraded to Buy from Hold at Jefferies... TIBCO (TIBX) upgraded to Equal Weight from Underweight at Barclays... Taseko Mines (TGB) upgraded to Neutral from Underperform at BofA/Merrill... Teekay (TK) upgraded to Buy from Hold at Deutsche Bank... Toyota (TM) upgraded to Overweight from Neutral at JPMorgan.
06:47 EDTTMToyota upgraded to Overweight from Neutral at JPMorgan
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06:18 EDTTMToyota upgraded to Overweight from Neutral at JPMorgan
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September 29, 2014
12:05 EDTTMToyota announces recall of 690,000 Tacoma trucks
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September 25, 2014
13:21 EDTTMToyota recalls 132K Tundras over air bags
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12:42 EDTTMFord executive sees 2015 U.S. auto sales between 16.8M-17.5M
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September 24, 2014
07:37 EDTTMToyota JV reduces China sales outlook by 6%, WSJ says
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September 22, 2014
12:59 EDTTMToyota to use aluminum for Camry hood, Automotive News says
Toyota Motor (TM) looks set to begin using aluminum instead of steel to build the hood of its widely popular Camry vehicle, according to Automotive News. The change will begin in 2018, the website quoted an unnamed source as saying, Alcoa (AA) mines aluminum. Reference Link
September 18, 2014
15:07 EDTTMHonda to price upcoming fuel cell vehicle similar to Toyota, Nikkei reports
Honda's (HMC) upcoming fuel cell vehicle will be priced similar to Toyota's (TM), with a range of approximately $63,000-$73,000, Nikkei says. Both companies will be relying on government subsidies to give consumers an incentive to purchase the new vehicles. Reference Link
13:05 EDTTMToyota announces recall of 20K vehicles, model years 2014, 2015
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September 17, 2014
07:37 EDTTMEU car registrations up 2.1% in August, up 5.6% in July
The European Automobile Manufacturers Association reported new passenger car registrations were up by 5.6% in July and by 2.1% in August. Eight months into the year, demand for new cars amounted to 8,336,159 units, or 6.0% more than in the same period last year, the group noted. Publicly traded automakers include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).
September 16, 2014
15:43 EDTTMCFPB to propose auto-lending supervision, WSJ says
The Consumer Financial Protection Bureau plans to propose supervising the largest nonbank auto lenders in a step that may impact the auto finance units of Toyota (TM), Ford (F), Honda (HMC) and Nissan (NSANY), says the Wall Street Journal, citing people familiar with the matter. Reference Link
07:26 EDTTMUltima Media to hold a conference
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07:08 EDTTMToyota Lexus unit questioned regarding parts pricing, Reuters says
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06:30 EDTTMNHTSA chief calls for 'new normal' for recalls, Detroit News reports
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