New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For VOLVY;VLKAY;PEUGY;FIATY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 23, 2015
19:49 EDTVLKAYAudi plans five additional models for India, Economic Times says
In an interview with the Economic Times, Volkswagen's (VLKAY) Audi India brand director Joe King said the company plans to launch five new models in India within the next five months. "We see huge potential to grow in the Indian market... The GDP is likely to improve as the fundamentals of the Indian economy are strong and softening interest rate will propel demand for the luxury cars," said King. The Economic Times notes that Daimler's (DDAIF) Mercedes-Benz also aims to ramp up efforts in the region. Reference Link
14:41 EDTVLKAYVolkswagen chairman not pushing for CEO removal, Reuters says
Subscribe for More Information
10:00 EDTVOLVYOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:42 EDTVLKAYVolkswagen chairman wants to oust CEO ahead of annual meeting, Reuters says
Ferdinand Piech, the chairman of Volkswagen, will seek to oust the company's CEO, Martin Winterkorn, ahead of the annual shareholder meeting on May 5, Reuters reports, citing German broadcasting network NDR. According to the report, Piech is seeking the support within the Porsche and Piech families in his efforts to replace Winterkorn, and "doesn't feel tied" by the April 17 decision of supervisory board members to back Winterkorn. Reference Link
06:58 EDTVLKAYVolkswagen to get $407M in financing from Canada, Reuters says
Subscribe for More Information
05:29 EDTVOLVYVolvo upgraded to Buy from Underperform at Jefferies
Subscribe for More Information
April 22, 2015
13:05 EDTVOLVYVolvo upgraded to Buy from Sell at Societe Generale
Subscribe for More Information
05:41 EDTVOLVYVolvo appoints Martin Lundstedt as President and CEO effective October 2015
Subscribe for More Information
05:20 EDTVOLVYVolvo reports Q1 revenue SEK 74.8B vs. SEK 65.6B last year
Reports Q1 net income SEK 7.07B. Operating income excluding restructuring charges and the capital gain from the sale of shares amounted to SEK 4.6B, corresponding to an operating margin of 6.1%. Truck order intake increased by 3% while order intake of construction equipment decreased by 24%.
April 20, 2015
08:12 EDTVLKAYMarathon Patent Group announces results of Signal IP Markman ruling
Marathon Patent Group (MARA) announced that on April 17, the United States District Court Central District of California issued the claim construction order in the litigation involving its wholly-owned subsidiary Signal IP and American Honda Motor Co. (HMC), Nissan North America (NSANY), Porsche Cars of North America, Mazda Motor of America, Mercedes-Benz USA (DDAIF), BMW of North America, Subaru of America, Kia Motors America, Mitsubishi Motors North America, Volkswagen (VLKAY), and Jaguar Land Rover North America. A total of 36 claim terms from a total of seven patents were disputed between Signal IP and the defendants.
06:36 EDTVLKAYVolkswagen chairman severely weakened after confrontation, Reuters says
Volkswagen Chairman Ferdinand Piech had a "full-blown confrontation" with the other five members of the company's board over whether to retain the company's CEO, Martin Winterkorn, whose performance the chairman had criticized over the previous five months, according to Reuters. Piech backed down and agreed to back Winterkorn, but his efforts to oust the CEO has produced resentment against the chairman and severely weakened Piech's influence over the company, the news service stated. Reference Link
April 19, 2015
18:45 EDTVLKAYVolkswagen plans to develop budget SUVs for China, Reuters says
Subscribe for More Information
13:06 EDTVLKAYVolkswagen shareholders look to calm leadership turmoil, WSJ says
Subscribe for More Information
April 17, 2015
06:53 EDTVLKAYVolkswagen CEO to stay in position despite fallout with chairman, Reuters says
Subscribe for More Information
April 16, 2015
06:02 EDTVLKAYVolkswagen's supervisory board to meet to resolve leadership dispute, WSJ says
Subscribe for More Information
April 12, 2015
19:15 EDTVLKAYVolkswagen chairman has 'distanced' himself from CEO, Reuters says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use