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Stock Market & Financial Investment News

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February 8, 2013
12:12 EDTF, DDAIF, NSANY, GM, TSLA, TM, VLKAY, FIATY, HMCChinese auto sales surged 45% last month, China Daily says
China's passenger vehicle sales jumped more than 45% in January, versus the same period in 2012, according to China Daily. Sales grew at the fastest pace since April 2010, the newspaper added. Reference Link
News For VLKAY;GM;F;TM;NSANY;HMC;TSLA;DDAIF;FIATY From The Last 14 Days
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February 24, 2015
09:35 EDTTSLAActive equity options trading on open
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05:09 EDTFFord launches training program at Kansas City plant to support F-150 production
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February 23, 2015
16:00 EDTTSLAOptions Update; February 23, 2015
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15:02 EDTTSLATesla Motors February weekly volatility flat on wide intra-day movement
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10:55 EDTTSLAStocks with call strike movement; TSLA DAL
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10:40 EDTGMGM ignition-switch deaths increase to 57, WSJ says
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09:39 EDTTSLAActive equity options trading on open
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08:56 EDTTSLATesla long-term focus likely to 'lose luster' with investors, says BofA/Merrill
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06:24 EDTGMGeneral Motors to legally challenge worker strike in Brazil, WSJ reports
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06:03 EDTHMCHonda says Takanobu Ito to step down as CEO, Takahiro Hachigo named new CEO
Takanobu Ito is stepping down as president and CEO of Honda, the company announced in a press release. Takahiro Hachigo, Honda's managing officer, will take over as president and CEO in June.
February 22, 2015
14:20 EDTGMUAW chief says GM buyback proposal too much, premature, Reuters says
Dennis Williams, the president of the UAW, said that an investor group’s proposal that GM buy back $8B of its stock is premature, and the amount too high for the company’s long-term health, says Reuters. The UAW indirectly controls the largest single block of General Motors shares, added Reuters. Reference Link
February 20, 2015
16:03 EDTTSLAOptions Update; February 20, 2015
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09:38 EDTTSLAActive equity options trading on open
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08:11 EDTGMAlly CEO exploring subprime lending, sees loss of GM business, Detroit News says
Ally (ALLY) CEO Jeffrey Brown stated in a Thursday interview with The Detroit News that the company may return to offering credit cards and home mortgages, and currently plans to expand auto lending to subprime customers. The CEO said he expects to decide within 30-60 days whether Ally will consolidate its five locations to a single headquarters in the Detroit suburbs. Brown added that he expects GM (GM) to shift its $4.1B subsidized leasing program for Chevrolet from Ally to GM Financial, which the Ally CEO wants to offset by increasing subprime lending from 9% of total lending to 12%-15%. Reference Link
07:30 EDTHMCHonda cuts production by another 5,000 due to U.S. port strikes, Reuters says
Honda Motor Co stated it will lower production at two factories in Indiana and Canada from February 24 to March 2 due to a parts shortage brought on by continuing U.S. port strikes, reports Reuters, citing a Honda spokesperson. Total output loss for the two factories -- which mainly produce Civics -- will be roughly 5,000 cars, while total output loss for the company from February 16 to 23 will be roughly 20,000 cars. The spokesperson said supply will be "a little bit better next week" due to air deliveries. Reference Link
07:04 EDTGMAlly CEO assuming company will lose all of GM's leasing business, Reuters says
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06:41 EDTGM, TSLAApple pushing for 2020 production of its electric car, Bloomberg says
Apple (AAPL) is pushing to begin production of its electric vehicle as soon as 2020, reports Bloomberg, citing people with knowledge of the matter. Bloomberg notes that the move could put Apple into direct competition with Tesla (TSLA) and General Motors (GM), both of which are targeting a 2017 release for next-generation electric vehicles. Apple may still cancel the project if it becomes unhappy with progress, the sources said, though its vehicle team is already 200-people strong. Reference Link
06:06 EDTGMGeneral Motors names Craig Glidden as new general counsel
General Motors (GM) announced yesterday that Craig B. Glidden has been appointed executive VP and general counsel, effective March 1. Glidden will lead a team of staff attorneys who are integrated into all of GM’s regional and functional teams in more than 30 countries. Glidden succeeds Michael Millikin, who is retiring in July after a nearly four-decade legal career, including five years as GM’s general counsel. Before joining GM, Glidden was executive VP and chief legal officer for LyondellBasell Industries (LYB).
February 19, 2015
09:44 EDTTSLATesla shares can hit new highs by year end, says Morgan Stanley
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09:35 EDTTSLAOption volume leaders
Option volume leaders: AAPL TSLA TWTR MCD WMT PBR SPWR WFM GILD FB SCTY according to Track Data.
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