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Stock Market & Financial Investment News

News Breaks
February 27, 2014
08:47 EDTNTDOY, GM, BRK.A, BX, FB, BP, SUNE, VZ, FSLR, SCTY, TSLAOn the Fly: Periodicals Wrap
WSJ: Tesla (TSLA) "Gigafactory" to cost $5B...Solar (FSLR, SUNE, SCTY) brightens for investors...Verizon (VZ) investigating additional retail breaches...REUTERS: BP (BP) denied request to halt compensation for commercial fishermen...Facebook (FB) says better for ads than broadcast TV...BLOOMBERG: Berkshire (BRK.A) expected to post record profit...Nintendo (NTDOY) encouraged to make app store games...OTHER NEWS: Blackstone (BX) near deal for Versace stake, FT reports...GM (GM) aims to beef up financing unit, Detroit News reports...J. Crew considering possible IPO this year, NY Post reports.
News For A;NTDOY;BX;GM From The Last 14 Days
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August 28, 2015
11:16 EDTNTDOYBattleground: Benchmark says sell GameStop, Piper says bears misguided
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07:43 EDTNTDOYGameStop bear thesis not playing out, says Piper Jaffray
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August 26, 2015
16:26 EDTGMMajor automakers sued over allegedly 'deadly' keyless technology, Reuters says
A number of automakers have been named in a lawsuit alleging that keyless ignition technology can lead to "deadly" results due to carbon monoxide poisoning from cars left running under the belief that engines will automatically switch off, reports Reuters. Defendants include General Motors (GM), Ford (F), Fiat Chrysler (FCAU), Honda (HMC), Hyundai (HYMLF), Nissan (NSANY), Toyota (TM), Volkswagen (VLKAY), BMW (BAMXY), and Daimler's (DDAIF) Mercedes Benz, said Reuters. According to the plaintiffs, the carmakers had "actual knowledge" of the so-called risks and could have prevented 13 deaths and numerous injuries. Reference Link
13:42 EDTGMTrueCar says 'on plan' to hit 17.2M U.S. vehicle forecast for 2015
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13:19 EDTGMTrueCar says daily auto sales pace up 0.9% for August, with 17.4M SAAR
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11:01 EDTAAgilent partners with Weill Cornell Medical College for ALS research
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07:39 EDTBXPiper Jaffray lowers estimates for asset managers below consensus
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06:19 EDTBXBlackstone seeking commercial properties in China, WSJ reports
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August 25, 2015
19:48 EDTBXWirecard joins bidding for Worldpay with $9.4B offer, Bloomberg says
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August 24, 2015
19:36 EDTGMGeneral Motors ends two-week strike in Brazil, Reuters says
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17:50 EDTGMGeneral Motors denies 3944 of 4343 ignition switch claims
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09:45 EDTGMOn The Fly: Analyst Initiation Summary
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09:18 EDTGMOn The Fly: Pre-market Movers
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08:04 EDTGMGeneral Motors coverage resumed with an Underweight at Morgan Stanley
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06:14 EDTGMGM recalling 59,474 2010 Chevrolet Cobalt vehicles
GM is recalling 59,474 2010 Chevrolet Cobalt vehicles manufactured January 4, 2010, to June 23, 2010. The affected vehicles may be equipped with an improperly routed Side-Impact Sensor wiring harness in the driver side front door. The misrouted wiring harness could cause an electrical short that disables the driver side curtain air bag. A disabled driver side roof-rail air bag will not deploy in the event of a crash necessitating deployment of that air bag, increasing the risk of injury to the driver.
August 23, 2015
18:23 EDTGMGM, Volkswagen slow production at Chinese factories, WSJ says
Auto manufacturers including General Motors (GM) and Volkswagen (VLKAY) appear to be running their Chinese factories at less than maximum capacity for the first time, reports the Wall Street Journal, citing industry data. The numbers suggest that a "bumpier ride" may be in store for multinationals that counted on Chinese demand, said the report. "The situation seems worse than that of 2008," remarked an engineer working at GM's Shanghai plant. Reference Link
August 21, 2015
17:28 EDTBXBlackstone acquires majority stake in Stearns Holdings
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06:46 EDTGMGM recalling 5,493 2014-2015 Chevrolet Impala vehicles
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August 20, 2015
18:59 EDTBXGoogle, Amazon, private equity compete for Indian data center unit, ET says
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06:10 EDTBXWeather Channel said to hire banks to explore sale, Bloomberg reports
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