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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 hasnít 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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October 21, 2014
08:02 EDTEADSYKaman unit awarded LTA by Rolls-Royce
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October 20, 2014
06:10 EDTEADSYLufthansa publishes timetable in response to VC planned strike
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October 17, 2014
06:03 EDTEADSYAirbus cuts production rate of A330 aircrafts to 9 from 10 per month
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05:59 EDTVLKAYVolkswagen, partner recall over 581,000 vehicles in China, WSJ reports
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October 16, 2014
12:56 EDTEADSYESA signs contract with Airbus for weather satellites
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06:53 EDTEADSYAirbus head says defense companies unwelcome in Germany, Reuters says
In a report from German newspaper Handelsblatt, Airbus CEO Tom Enders said that Germany should not be astounded if more defense firms feel unwanted in the country since he believes that the industry is treated unfairly there, according to Reuters, citing comments from Enders. Reference Link
06:47 EDTEADSYAirbus head mulls basing new helicopter programs in France, Reuters says
After Germany hindered the export of military helicopters to Uzbekistan, Airbus CEO Tom Enders said that the airplane maker was seriously contemplating if it should establish its new helicopter programs in France instead of Germany in the future, according to Reuters, citing comments from Enders. Reference Link
06:34 EDTVLKAYChina to punish automakers that miss fuel standards, Reuters reports
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October 15, 2014
11:28 EDTVLKAYVolkswagen Japan to introduce two new electric models next year, Nikkei reports
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06:39 EDTEADSYAirbus gains safety approval for A350 prolonged routes, Reuters says
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06:33 EDTEADSYIndiGo signs MOU for 250 Airbus A320neo aircraft
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October 13, 2014
10:08 EDTDGIOn The Fly: Analyst Initiation Summary
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07:43 EDTDGIDigitalGlobe initiated with an Overweight at Morgan Stanley
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06:44 EDTVLKAYRegulators seeking banks' auto loan data, Reuters reports
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October 12, 2014
17:21 EDTVLKAYTesla ahead of other car makers on semiautonomous driving system, WSJ says
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October 10, 2014
11:59 EDTEADSYAirbus says not enough demand to up plane manufacturing, Reuters says
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11:12 EDTEADSYAirbus, CAS sign GTA for 70 A320 aircrafts
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07:09 EDTVLKAYVolkswagen reports 881,300 vehicles sold in September
Volkswagen reports 881,300 vehicles sold in September, which is a 3% increase from the same period last year. Group brands delivered a total of 2.90M vehicles to customers on the overall European market from January to September, of which 1.51M were handed over in Western Europe, excluding Germany. 909,200 customers took possession of a new vehicle on the home market of Germany. Europe's largest automaker delivered 481,100 vehicles in Central and Eastern Europe. 196,700 models were handed over to customers in Russia during the same period. The Group continued to record very encouraging figures in the Asia-Pacific region, where 2.99M vehicles were handed over to customers in the period to September, of which 2.72M units were delivered in China. The Volkswagen Passenger Cars brand delivered 4.56M vehicles to customers worldwide from January to September. Audi (AUDVF) delivered 1.30M vehicles worldwide in the period to September. The sports car manufacturer Porsche (POAHY) delivered a total of 135,600 vehicles in the first three quarters. SKODA delivered a total of 774,100 vehicles worldwide from January to September. SEAT delivered 294,000 vehicles worldwide in the period to September. Volkswagen Commercial Vehicles delivered 325,100 vehicles to customers from January to September.
06:56 EDTVLKAYVolkswagen aims to strengthen partnership with FAW, Bloomberg says
Volkswagen is looking to strengthen its research-and-development project partnership with China FAW Car Corp., its joint venture collaborator, according to Bloomberg, citing five people familiar with the matter. The sources said that the scope of work between the two companies will include hybrid and electric vehicle development. Reference Link
October 9, 2014
06:22 EDTEADSYCFM launches next phase of testing for LEAP engine
CFM International's LEAP engine took the skies for the first time on October 6 on a modified 747 flying testbed at GE Aviation Flight Test Operations in Victorville, California, launching the next phase of testing for the advanced engine program. The engine behaved well and completed multiple aeromechnical test points at various altitudes during the nearly three-hour first flight. Over the next several weeks, the engine will complete a comprehensive test schedule that will gauge engine operability, stall margin, performance, and acoustics. The LEAP-1A/-1C variants are on track for engine certification in 2015. The total program, which encompasses all three LEAP engine variants, includes 28 ground and CFM flight test engines, along with a total of 32 flight test engines for Airbus (EADSY), Boeing (BA), and COMAC. Although all three LEAP engine variants will fly on the modified testbed, the configuration currently being tested is a fully integrated propulsion system. CFM is a joint venture between GE (GE) and France's Safran. Reference Link
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