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Stock Market & Financial Investment News

News Breaks
February 28, 2013
11:32 EDTVLKAY, GM, F, TM, NSANY, HMC, ANU.S. auto sales near pre-recession levels on low financing, Bloomberg says
U.S. auto sales are near pre-recesion levels on attractive financing as U.S. light-vehicle sales probably climbed 3.7% in February to 1.19M, the average estimate of 10 analysts in a Bloomberg survey, reports Bloomberg. Reference Link
News For VLKAY;GM;F;TM;NSANY;HMC;AN From The Last 14 Days
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August 15, 2014
13:06 EDTTMGulf States Toyota recalls certain model year Tundras
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06:29 EDTGMGM recalls certain model year 2014 Chevrolet Impalas
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06:28 EDTFFord issues recall due to potentially faulty halfshaft
Ford is recalling certain model year 2012-2014 Ford Edge and Lincoln MKX vehicles manufactured September 2, 2010, to November 30, 2013; 2013-2014 Ford Taurus and Lincoln MKS vehicles manufactured August 25, 2011, to November 30, 2013; and 2013-2014 Ford Flex and Lincoln MKT vehicles manufactured September 12, 2011, to November 30, 2013. In the affected vehicles, the halfshaft retention circlip may not have been properly installed, and as a result, the halfshaft may move outward and disengage from the linkshaft while driving and without prior warning. If the halfshaft and linkshaft become disengaged while driving, power will no longer be transmitted to the wheels, increasing the risk of a vehicle crash. Additionally, if the parking brake is not applied before exiting the vehicle, the vehicle may roll away despite the transmission being placed in "park'," increasing the risk of injury to exiting occupants and bystanders. Ford will notify owners, and dealers will inspect the vehicles to make sure that the halfshaft is properly retained. If it is not, dealers will replace the linkshaft and also replace the halfshaft if it shows evidence of spline damage, free of charge. The recall is expected to begin by August 29. Reference Link
August 14, 2014
17:27 EDTGMAppaloosa gives quarterly update on stakes
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17:16 EDTGMPaulson & Co gives quarterly update on stakes
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16:54 EDTGMBerkshire Hathaway gives quarterly update on stakes
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12:46 EDTGMHayman Capital gives quarterly update on stakes
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11:56 EDTGMGM planning to invest $2.8B in Brazil over 5-year period, Reuters reports
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11:12 EDTGMGM executive says company in 'massive transformation,' WSJ says
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10:05 EDTGM, FOn The Fly: Analyst Initiation Summary
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August 13, 2014
16:16 EDTFFord initiated with a Neutral at Credit Suisse
Target $18.15.
16:07 EDTGMGeneral Motors initiated with an Underperform at Credit Suisse
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13:31 EDTVLKAYAudi up against penalty for monopolistic demeanor in China, Reuters says
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10:02 EDTGMGeneral Motors invests $174M in new Lansing stamping facility
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08:16 EDTFFord upgraded at Stifel
As previously reported, Stifel upgraded Ford to Buy from Hold. Thea analyst upgraded shares based on better than expected year-to-date trends, commentary that indicate the F-150 launch is on track, higher than expected Q2 North American margins, and a portfolio refresh cycle. Price target is $22.
07:24 EDTTMToyota DOJ compliance to be overseen by former U.S. attorney, Detroit News says
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06:59 EDTFFord upgraded to Buy from Hold at Stifel
06:24 EDTGMGM says antitrust regulator approached China division, Reuters says
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06:07 EDTGMOpel CFO expects to be profitable in Europe by mid-decade, Detroit News reports
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06:04 EDTGMGM workers returning to Warren tech center after flooding, Detroit News reports
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