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Stock Market & Financial Investment News

News Breaks
March 26, 2013
11:02 EDTVLKAY, GM, F, TM, NSANY, HMC, TSLA, DDAIF, FIATYU.S., European automakers cautious about trade deals with Japan, WSJ says
Automakers from the U.S. and Europe believe their governments should be cautious about signing free-trade agreements with Japan that could unevenly benefit their East Asian rivals, the Wall Street Journal reports. Reference Link
News For VLKAY;GM;F;TM;NSANY;HMC;TSLA;DDAIF;FIATY From The Last 14 Days
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July 14, 2014
11:27 EDTTSLAChina to require nearly third of state cars be electric, Bloomberg reports
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09:36 EDTTSLAActive equity options trading on open
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09:16 EDTVLKAYVolkswagen poised to invest $900M in Tennesee facility, WSJ says
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08:14 EDTF, GMFord should beat Q2 estimates while General Motors will miss, says UBS
UBS believes Ford (F) will beat Q2 estimates while General Motors (GM) will miss due to recall costs. Were it not for the recall charges, UBS thinks GM would post solid underlying results. UBS, which thinks Ford is likely to see a strong second half as product launch costs are already factored into guidance, raised its price target on the stock to $22 from $18. UBS increased its GM price target to $54 from $49. The firm keeps Buy ratings on both stocks.
07:55 EDTTM, FToyota halts production at South African plant, Bloomberg reports
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07:55 EDTNSANYNissan adds to bet on soccer with new sponsorship deal, FT says
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07:19 EDTGMProsecutors centering GM suit around deceptive statements, Reuters says
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06:43 EDTFFord ceases production at South African facility, Reuters says
Ford announced that it has temporarily ceased production at one of its South African facilities due to a strike at some of its suppliers, according to Reuters, citing comments from Ford spokeswoman Alicia Chetty. Chetty said that only Ford's Pretoria facility was affected while its other plant in Port Elizabeth was operating as usual. Reference Link
06:34 EDTGMGeneral Motors CEO to appear before Senate subcomittee this week, WSJ says
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06:31 EDTVLKAYVolkswagen expected to unveil details of new SUV for U.S. market, WSJ reports
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06:08 EDTF, NSANY, TMABI Research: Over 24M cars to be fitted with Apple CarPlay, DigiTimes says
ABI Research said that over 24M cars will be fitted with Apple (AAPL) CarPlay in 2019, reports DigiTimes. ABI Reserch said that the uptake in MirrorLink will also be fairly significant, but predicts more cars will be fitted with CarPlay. It cites several car makers to have the capabilities, including Ford (F), BMW, Audi, Mercedes, Jaguar/Land Rover, Toyota (TM), Nissan (NSANY), and Volvo (VOLVY). Reference Link
July 13, 2014
15:52 EDTGMSouth Africa strike continues with impact on GM output, WSJ says
The National Union of Metalworkers in South Africa has rejected employers concessions and will continue to strike, says the Wall Street Journal. The strike has affected vehicle production at General Motors and BMW facilities in the country, added the Wall Street Journal. Reference Link
July 11, 2014
15:59 EDTTSLAOptions Update; July 11, 2014
iPath S&P 500 VIX Short-Term Futures down 33c to 28.25. Option volume leaders: AAPL C GILD X FB GOOG AMZN TWTR TSLA according to Track Data.
10:35 EDTNSANY, GMCadillac confirms Johan de Nysschen as president
General Motors (GM) announced the appointment of Johan de Nysschen as President Cadillac. de Nysschen will be responsible for all aspects of Cadillac globally including sales, pricing and network development, strategic brand development and marketing and product portfolio planning, including critical input for product engineering and design. de Nysschen joins the GM executive leadership team as an executive vice president of the company beginning September 1 and reports to GM President Dan Ammann. de Nysschen spent the last two years as head of the Infiniti (NSANY) brand worldwide.
09:37 EDTTSLAActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL WFC C SUNE FB AMZN TSLA TWTR
09:11 EDTGMFormer head of Infiniti taking over Cadillac, CNBC reports
Johan de Nysschen, the former head of Infiniti and Audi USA, will be taking over General Motors' Cadillac division, CNBC's Phil LeBeau reports via Twitter.
08:50 EDTFNHTSA probes 500K Ford vehicles for steering issue, Detroit News says
The National Highway Traffic Safety Administration opened a preliminary probe into 500K older Ford vehicles for steering issues, according to the Detroit News, citing comments from the NHTSA. Ford spokeswoman Kelli Felker said the car manufacturer will cooperate with the NHTSA. Reference Link
08:24 EDTFIATYChrysler issues recall for 895K SUVs due to fire potential, Detroit News says
Chrysler, a division of Fiat, said that it is issuing a recall for 895K sport-utility-vehicles due to fire worries and will reroute wiring for vanity-mirror lights after government regulators decided to upgrade a probe into the problem, according to the Detroit News, citing comments from the Auburn Hills unit of Fiat Chrysler Automobiles. Reference Link
06:37 EDTVLKAYUnion creates branch for employees at VW facility, Reuters says
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06:23 EDTNSANYDe Nysschen resigns as Infiniti Motor president, WSJ reports
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