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Stock Market & Financial Investment News

News Breaks
January 27, 2014
07:46 EDTTTMTata Motors confirms death of Managing Director Karl Slym
Tata Motors said in a statement that it "deeply regrets to announce the untimely and tragic demise of its Managing Director, Karl Slym, in Bangkok." Tata added, "Karl Slym joined Tata Motors in October 2012, and was providing leadership to the company through a challenging market environment. The company shares in the grief of Karl Slym's wife and family at their irreparable loss." Shares of Tata Motors are down 3%, or 86c, to $27.98 in pre-market trading.
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September 28, 2015
06:57 EDTTTMNHTSA mulls Takata air bag recall expansion, Bloomberg reports
The National Highway Traffic Safety Administration, or NHTSA, is mulling an order that would expand that recalls of Takata (TKTDY) air bags and has contacted seven manufacturers who may be affected, including Volkswagen (VLKAY) and Tesla (TSLA), Bloomberg reports. Takata had identified seven companies that it has supplied with air bag inflators that use ammonium nitrate propellant, the report says, citing NHTSA letters dated September 22. The NHTSA also contacted Mercedes-Benz (DDAIF), Jaguar Land Rover (TTM), Suzuki (SZKMF), Volvo Trucks (VOLVY), and Spartan Motors (SPAR), the report says. Reference Link

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