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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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September 16, 2014
10:40 EDTEADSYAirbus administers A320neo final ground trials, Reuters says
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07:08 EDTVLKAYToyota Lexus unit questioned regarding parts pricing, Reuters says
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06:30 EDTVLKAYNHTSA chief calls for 'new normal' for recalls, Detroit News reports
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06:09 EDTEADSYAirbus Defense, Space to sell some divisions
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September 15, 2014
09:59 EDTDGIOn The Fly: Analyst Upgrade Summary
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06:50 EDTDGIDigitalGlobe upgraded to Overweight from Neutral at JPMorgan
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September 12, 2014
11:50 EDTVLKAYPorsche SE takes 10% stake in INRIX for $55M
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September 11, 2014
12:16 EDTEADSYAirbus settles A380 delivery disagreement with Qatar Airways, Reuters says
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08:22 EDTEADSYAirbus head knocks German government regarding export bar, Reuters says
Airbus CEO Fabrice Bregier knocked the German government regarding its restrictive export rule on defense products by saying that the law could prevent global partners from collaborating on defense initiatives in the future, according to Reuters, citing comments from Bregier. Reference Link
06:31 EDTVLKAYVolkswagen JV, Chrysler unit fined in China for price-fixing, WSJ reports
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September 10, 2014
09:17 EDTVLKAYChina mulls easing car dealer restrictions, Bloomberg says
China's Ministry of Commerce is considering whether to ease rules on car dealers and allow them to sell vehicles from multiple brands in the same store, according to Bloomberg, citing people familiar with the matter. Note that both Bitauto (BITA) and Autohome (ATHM), which operate automobile buyer focused websites in China, were down significantly during yesterday's trading, though it is unclear if the reported new regulations play a role in their share weakness. Publicly traded carmakers include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
September 9, 2014
13:51 EDTEADSYNTSB finds UPS flight 1354 crashed due to 'unstabilized approach'
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September 8, 2014
13:04 EDTVLKAYAugust vehicle sales drop in Russia, WSJ says
The Association of European Businesses said that the sales of new vehicles in August throughout Russia have dropped at the quickest rate so far in 2014, according to The Wall Street Journal, citing a statement from chairman of the AEB Automobile Manufacturers Committee Joerg Schreiber. Industry officials are anticipating sales in the country for 2014 to decrease another 20% after a 5% decline last year. Publicly traded companies in the automobile industry include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
September 7, 2014
15:29 EDTEADSYBoeing, Ryanair set to make significant fleet announcement, Reuters says
Boeing (BA) CEO Ray Conner and Ryanair (RYAAY) CEO Michael O'Leary are set to announce on Monday a significant purchase by Ryanair of Boeing 737 MAX 8 jetliners, says Reuters. With this order, Boeing will further cement its lead over rival Airbus Group (EADSY) in the order tally so far this year, added Reuters. Reference Link
13:29 EDTVLKAYVolkswagen to temporarily halt production at Russian plant, WSJ says
Citing "the general economic situation in Russia," Volkswagen will stop production at its plant in Kaluga, Russia, for 10 days, says the Wall Street Journal. Reference Link
September 5, 2014
06:40 EDTEADSYCanada to presumably purchase fighter jets from U.S. firms, Reuters says
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September 3, 2014
10:20 EDTVLKAYVolkswagen reports August U.S. sales down 12.8% to 35,181 units
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09:03 EDTDGIDigitalGlobe names Fred Graffam as interim CFO, effective today
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06:44 EDTEADSYAirbus looks to establish joint ventures to support Poland, Reuters says
Airbus is looking to establish joint ventures to back the Polish defense industry, but has deemphasized the thought of Warsaw obtaining a direct stake in the European firm, according to Reuters, citing comments from Airbus Vice President for Industrial Globalization Fabrice Lievin. Lievin said, "The invitation was to join the Airbus Group but not immediately with some stake in it. The story of (Poland's) stake is really marginal, this is not the most obvious way or the most key way to enter the Airbus Group." Reference Link
06:29 EDTVLKAYAudi CEO foresees selling over 1.7M vehicles this year, Reuters says
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