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Stock Market & Financial Investment News

News Breaks
February 9, 2014
18:42 EDTTSLA, NSANY, TM, F, GM, HMCChina to extend electric car subsidies, Reuters says
China is extending its program of offering subsidies on electric car purchases as the country looks to continue its effort of reducing pollution in cities, says Reuters. Reference Link
News For TSLA;NSANY;TM;F;GM;HMC From The Last 14 Days
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August 11, 2014
09:36 EDTTSLAActive equity options trading on open
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09:06 EDTTSLAOn The Fly: Pre-market Movers
HIGHER: PharmAthene (PIP), up 55% after announcing that a Delaware court awarded the company lump sum expectation damages for the value of its lost profits for SIGA Technologies' (SIGA) smallpox antiviral, Tecovirimat... MannKind (MNKD), up 19% after entering exclusive licensing agreement for development and commercialization of Afrezza inhaled insulin with Sanofi (SNY)... Kinder Morgan (KMI), up 19% after announcing it will acquire all of the outstanding equity securities of Kinder Morgan Energy Partners (KMP), Kinder Morgan Management (KMR) and El Paso Pipeline Partners (EPB)... Tesla (TSLA), up 2.7% following upgrade at Deutsche Bank... Achillion (ACHN), up 6% following upgrades at Wells Fargo and at Piper Jaffray... PepsiCo (PEP), up 0.9% following upgrade at UBS. LOWER: Dean Foods (DF), down 8.6% after reporting Q2 losses that were steeper than expected, saying balance of year "appears rocky," which makes it difficult to provide guidance beyond the immediate quarter... Priceline (PCLN), down 0.7% after reporting Q2 revenue that missed expectations, guiding Q3 EPS below consensus... SIGA Technologies, down 31% after ruling in suit with PharmAthene... 2U (TWOU), down 4.3% after downgraded at Goldman.
07:14 EDTTM, HMC, NSANYToyota, Honda to cut prices in China following probe, Reuters says
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06:38 EDTGMGM's ignition switch fund receives 63 death case claims, AP reports
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06:38 EDTTSLATesla upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded its rating on Tesla (TSLA) shares to Buy saying it expects the electric car maker to be much more profitable than previously thought following comments on the company's Q2 earnings call. Deutsche now thinks Tesla can produce 500,000 units of annual production by late this decade. It raised its price target for the stock to $310 from $220. Shares of Tesla closed Friday down $2.46 to $248.13.
06:07 EDTGMGM's Lansing plant to halt Cadillac production temporarily, Detroit News reports
General Motors will halt Cadillac production at its Lansing Grand River Assembly Plant for three weeks, effective August 18, the Detroit News reports. According to sources, the halt is due to lower than expected demand for the cars. Reference Link
August 9, 2014
15:40 EDTGMGM loses attempt to dismiss revived ignition-death lawsuit, Bloomberg says
A Georgia judge rejected General Motors' attempt to dismiss a revived lawsuit over the death of woman that precipitated the recall of 2.59M cars over faulty ignition switches, says Bloomberg. Reference Link
August 8, 2014
16:00 EDTTSLAOptions Update; August 8, 2014
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14:09 EDTGMGeneral Motors announces 269K vehicle recall
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11:13 EDTFFord China reports July sales up 25% to 90,775 vehicles sold
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09:37 EDTTSLAActive equity options trading on open
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06:47 EDTGMGM aims to unveil new Volt hybrid in six months, Reuters says
GM said that it plans to showcase its newest model of its Chevrolet Volt hybrid electric vehicle in six months, reported Reuters. Company officials did not explain details on the pricing or driving range of the 2016 model, but said the car will be revealed at the North American International Auto Show. Reference Link
06:35 EDTTM, HMC, NSANYNissan nears Honda U.S. sales due to designs, costs, Reuters says
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August 7, 2014
16:00 EDTTSLAOptions Update; August 7, 2014
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09:36 EDTTSLAActive equity options trading on open
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06:49 EDTNSANY, HMC, TMFitch: Major Japanese car makers gained market share in China, Xinhua says
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06:22 EDTTMToyota recalls 2014 Siennas due to defected transmission shift control cable
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06:18 EDTGMGM issues recall for certain model year SAABs, Trailblazer EXTs, others
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06:12 EDTFFord reports Class A and C motorhome sales up 12% and 14% year-to-date
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06:07 EDTTSLATesla implied volatility of 40 at lower end of index mean range
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