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Stock Market & Financial Investment News

News Breaks
March 14, 2012
06:22 EDTVLKAY, RIMM, EADSY, GEOY, DGIOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: The Porsche-Piech family tightened its grip over Volkswagen (VLKAY) as the auto maker's supervisory board nominated Volkswagen Chairman Ferdinand Piech's wife, Ursula, to join it, the Wall Street Journal reports...The number of megawatts of solar power installed in the U.S. in 2011 more than doubled from 2010, driven by growth in solar plants built for utilities, says an industry study, the Wall Street Journal reports...BLOOMBERG: The U.S. received assurances from Saudi Arabia, the U.A.E. and Kuwait that they would increase oil production to help offset the effect of economic sanctions on Iranian exports, sources say, Bloomberg reports...Research in Motion (RIMM) shares have lost over 90% of their value since mid-2008, but that hasn’t stopped a rise in bets that the stock will drop further as it prepares to report earnings, Bloomberg reports...REUTERS: EADS (EADSY) unit Astrium is "generally interested" in acquiring one of two U.S. digital imagery providers, GeoEye (GEOY) or DigitalGlobe (DGI), Reuters reports
News For VLKAY;RIMM;EADSY;GEOY;DGI From The Last 14 Days
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April 23, 2014
06:50 EDTVLKAYVW up against rising Scania offer opposition from Alecta, Bloomberg says
Volkswagen is up against increasing opposition to its $9.3B offer for the rest of heavy-truck manufacturer Scania after the company's third-largest shareholder, Sweden's Alecta, rejected the bid, according to Bloomberg, citing comments on the Swedish shareholder's website. Reference Link
April 22, 2014
06:53 EDTVLKAYUAW abandons challenge to vote lost at VW Tennessee factory, Bloomberg says
The United Auto Workers abandoned its challenge to a February vote in which Volkswagen employees in Tennessee declined representation, which crushed one of labor’s best attempts at organizing a foreign-owned vehicle manufacturing plant in the U.S, according to Bloomberg, citing comments UAW president Bob King. King said, “The UAW is ready to put February’s tainted election in the rearview mirror and instead focus on advocating for new jobs and economic investment in Chattanooga." Reference Link
April 21, 2014
08:15 EDTVLKAYVW manager says company agrees to budget vehicle concept, Reuters says
Volkswagen has agreed to the basic concept and design of a budget car for emerging markets, which brings the project's completion a step closer after a long battle to meet expense goals for the car, according to Reuters, citing comments from a company manager. Reference Link
April 20, 2014
17:02 EDTVLKAYVolkswagen looks to sell more than 3.5M vehicles in China in 2014, WSJ says
Volkswagen is targeting sales of more than 3.5M vehicles in China this year, says the Wall Street Journal. China accounted for more than one-third of global deliveries in 2013 for the German carmaker, added the Wall Street Journal. Reference Link
April 17, 2014
09:00 EDTDGIDigitalGlobe rises 5.5%
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08:10 EDTVLKAYJapanese, German car manufacturers benefiting on Korea deal, Reuters says
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07:58 EDTVLKAYEU vehicle sales turnaround fails to stop price war, Reuters says
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06:13 EDTVLKAYVolkswagen may decide soon on U.S. SUV, WSJ reports
Michael Horn, the head of Volkswagen's American operations, says a decision on whether the company will make a new SUV in the U.S. could come within the next several months, the Wall Street Journal reports. Reference Link
April 16, 2014
07:21 EDTDGIDigitalGlobe higher resolution approval would be catalyst, says Piper Jaffray
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April 14, 2014
07:06 EDTDGIU.S. Geospatial Intelligence Foundation to hold a symposium
GEOINT 2013 Symposium, originally scheduled for October 2013, is being held in Tampa, Florida on April 14-17.
April 11, 2014
11:02 EDTVLKAYVolkswagen says delivered 2.4M vehicles in Q1
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08:22 EDTEADSYAerCap completes 29 aircraft transactions in Q1
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07:31 EDTVLKAYChina auto sales growth slowed in March, WSJ reports
The China Association of Automobile Manufacturers said 1.71M passenger vehicles were sold there in March, which was up 7.9% from a year earlier but a slower growth rate than the 11% year-over-year increase seen in the January-to-February period, reported The Wall Street Journal. The association cited weak sales of minivans, which fell 23% in the month, as a large factor, the report noted. Publicly traded automakers include Ford (F), General Motors (GM), Fiat (FIATY), Honda (HMC), Toyota (TM), Nissan (NSANY) and Volkswagen (VLKAY). Reference Link
06:40 EDTVLKAYGM surpasses VW in Q1 China sales, Bloomberg says
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April 10, 2014
06:32 EDTVLKAYAutomakers have recalled nearly 15M vehicles since start of year, WSJ reports
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