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Stock Market & Financial Investment News

News Breaks
March 14, 2012
06:22 EDTGEOY, VLKAY, EADSY, DGI, RIMMOn 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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January 29, 2015
08:39 EDTEADSYAirbus announces resignation of head of Military Aircraft business unit
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January 28, 2015
06:22 EDTEADSYAirbus CEO promises "management consequences" after A400M delays, FT says
Airbus CEO Tom Enders promised "management consequences" within the company after further delays delivering its A400M military plane, reports the Financial Times, citing a speech given to U.K. government and military officials. The U.K. has ordered 22 planes in total, and Enders vowed to deliver seven of those to the Royal Air Force by late 2015. Germany is demanding penalty payments over deficiencies in the A400M already delivered to them, and the Financial Times notes that Airbus' defense and space division and its Spanish division are likely candidates for leadership changes. Reference Link
January 27, 2015
10:24 EDTVLKAYAudi, Volkswagen, Porsche recall 27,000 cars for fuel leaks, AP says
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07:21 EDTVLKAYDEA using license-plate readers to spy on cars, WSJ reports
The Drug Enforcement Administration has been running a license-plate tracking program that has built a national database that enables it and other law enforcement agencies to track the movement of vehicles around the U.S., according to The Wall Street Journal, citing current and former officials and government documents. Publicly traded automakers include Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
January 25, 2015
16:46 EDTVLKAYVolkswagen's Audi recalling 80K vehicles, Reuters says
Volkswagen is recalling 80,000 vehicles from its Audi luxury division for problems with the fuel injection system, says Reuters. The car maker said that 35,000 of the affected vehicles are in China, added Reuters. Reference Link
January 21, 2015
19:18 EDTVLKAYLower oil prices could boost car and truck sales, CNBC reports
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09:04 EDTEADSYEmirates to buy 100 Airbus A380 if engine receives upgrade, Bloomberg says
Emirates has committed to buying 100 more Airbus A380 planes on the condition that the company upgrades its engines, reports Bloomberg. The offer comes as new A380 orders crawled to a halt in 2014 and Airbus focuses on its new A350 wide-body. The development of the new "Neo" engines would cut seat-mile costs by 10%-13%. Reference Link
January 20, 2015
12:51 EDTVLKAYToyota sees 2015 global sales dropping to about 10.15M units, Nikkei says
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