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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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May 22, 2015
08:57 EDTVLKAYNokia CEO says good bids received but no rush on selling HERE, Retuers reports
Nokia (NOK) CEO Rajeev Suri said the company has received high quality bids for its HERE maps unit, while declining to comment on bidders, but added that the company is in no hurry to sell, reported Reuters, citing comments made in an interview with trade magazine European Communications. Prior reports have indicated that Daimler's (DDAIF) Mercedes-Benz, Volkswagen's (VLKAY) Audi and BMW (BAMXY) are partnering with private equity firm General Atlantic in their pursuit of the unit, while Uber is said to be teaming up with Baidu (BIDU) and Apax Partners to also pursue a bid. Reference Link
May 21, 2015
09:15 EDTVLKAYGerman automakers partnering with PE firm on bid for Nokia unit, Reuters says
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06:52 EDTEADSYAirbus would consider leaving UK if Britain exits EU, Guardian says
Airbus head of UK division, Paul Kahn, stated that the company would reconsider its investment in Britain if the country exits the EU, reports the Guardian, citing Paul Kahn. Reference Link
May 20, 2015
06:06 EDTEADSYUnited Technologies in talks to sell Sikorsky unit, WSJ reports
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May 19, 2015
07:36 EDTVLKAYAutomakers to start V2V car rollouts with spectrum at a premium, WSJ says
General Motors' (GM) upcoming Cadillac CTS is the only car firmly scheduled to launch in the U.S. with vehicle-to-vehicle communications, or V2V, but the industry has promised that V2V will revolutionize safety and Cisco (CSCO) joined automakers earlier this month to brief the FCC on plans to test airwave sharing soon, said The Wall Street Journal. However, cable and telecom companies are pressuring carmakers to give up a part of the airwaves marked for V2V to be available for broader use, the report added. Publicly traded automakers include Fiat Chrysler (FCAU), Ford (F), Honda (HMC), Toyota (TM) and Volkswagen (VLKAY), while cable and telecom companies include Verizon (VZ), AT&T (T), Sprint (S), T-Mobile (TMUS), Comcast (CMCSA), Time Warner Cable (TWC) and Charter (CHTR). Reference Link
May 18, 2015
16:47 EDTDGIDigitalGlobe Chief Accounting Officer Nathan Troup to depart
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09:54 EDTVLKAYNHTSA looks to accelerate V2V rollout by automakers, Motor Authority says
Automakers have been notified that initial proposals for the implementation of vehicle-to-vehicle technology will be outlined by before January 1, 2016, which would be a full year ahead of schedule, according to Motor Authority. Publicly traded automakers include Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Mobileye (MBLY) makes chips utilized in advanced driver assistance systems. Reference Link
May 15, 2015
12:54 EDTEADSYAirbus to partner with Indian company in $2B deal, Defense News says
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08:24 EDTEADSYStandex awarded contract from Airbus for A320neo aircraft
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May 11, 2015
19:48 EDTVLKAYVolkswagen to break up MAN business, Reuters says
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16:32 EDTEADSYAirbus A400M may have experienced engine failure, FT says
The crew of the Airbus (EADSY) A400M that crashed Saturday reported a technical difficulty just minutes before the crash, and Der Spiegel claimed the aircraft experienced multiple engine failure, reports the Financial Times, citing people close to the crash investigation. The Rolls Royce (RYCEY) consortium responsible for the plane's engines referred questions to Airbus. Reference Link

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