New User:

-or-
Username:
Password:
Forgot your password?

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 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
Sign up for a free trial to see the rest of the stories you've been missing.
July 26, 2015
19:22 EDTVLKAYBaidu CEO 'still interested' in Nokia map unit, Re/code says
In a Re/code interview published Friday afternoon, Baidu (BIDU) CEO Robin Li remarked that the company is "still interested" in Nokia's (NOK) HERE mapping unit. When asked about potential partners, Li commented, "I cannot say too much about it because it’s not a done deal." Note that earlier media reports have suggested Nokia is or was leaning towards selling HERE to a group of German luxury car makers including Daimler (DDAIF), BMW (BAMXY), and Volkswagen's (VLKAY) Audi (AUDVF). Reference Link
July 22, 2015
18:59 EDTVLKAYVolkswagen in talks to sell stake in LeasePlan, Reuters says
Subscribe for More Information
08:13 EDTEADSYAvolon delivers Airbus A321-200 to Vueling Airlines
Subscribe for More Information
08:03 EDTEADSYOrbital ATK, Airbus finalize agreement on A350-1000 variant
Orbital ATK (OA) announced that it has finalized an agreement with Airbus (EADSY) to expand its current contract to include the manufacture of composite stringers and frames on the –1000 variant of the A350 program, adding to the work already being performed on the A350 program. This agreement builds on Orbital ATK’s valuable working relationship with Airbus and its partners. The Aerospace Structures Division of Orbital ATK’s Flight Systems Group is executing the A350 program at its Aircraft Commercial Center of Excellence facility in Clearfield, Utah. Orbital ATK is currently producing composite stringers and frames for the A350-900 and has successfully delivered more than 44,000 parts since the inception of the program. Orbital ATK expects that the contract expansion will require future hiring of additional professional and manufacturing employees, benefiting the local job market in Utah.
07:18 EDTVLKAYAir bag aging poses threat to millions of U.S. drivers, NBC News reports
Subscribe for More Information
06:42 EDTEADSYAirbus China plant to deliver first wide-body jet in 2018, Reuters says
Subscribe for More Information
July 21, 2015
09:40 EDTVLKAYJeep Cherokee can be hacked via entertainment system, Wired reports
Hackers Charlie Miller and Chris Valasek demonstrated to Wired how Jeep Cherokees can be hacked via the vehicle’s entertainment system, giving an attacker wireless control of the automobile and its systems. Miller and Valasek previously demonstrated hacks they were able to perpetrate against Ford (F) Escape and Toyota (TM) Prius vehicles, the report noted. Other publicly traded automakers include General Motors (GM), Honda (HMC), Nissan (NSANY) and Volkswagen (VLKAY). Reference Link
08:07 EDTVLKAYBorgWarner provides R2S turbocharging technology to Volkswagen
BorgWarner (BWA) provides its two-stage, or R2S, turbocharging technology for Volkswagen's (VLKAY) new high-performance diesel engine. Engineered to comply with the Euro 6 emissions standard, the 2.0-liter four-cylinder engine is the most powerful diesel engine in its class.
July 20, 2015
12:16 EDTVLKAYHERE offering free HD map data for automated vehicle tests
HERE, a Nokia (NOK) company, announced it is making high-definition mapping data of sections of public roads in four countries available to all automotive companies to support their highly automated vehicle initiatives. HERE is offering HD mapping data of specific stretches of open road in Silicon Valley and Michigan in the United States, as well as in France and Germany, to all carmakers and automotive suppliers for test purposes. HERE plans to offer data for Japan too later this year. HERE is currently working with more than 10 "leading automotive companies" on automated driving projects, the company said. Publicly traded automakers include Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).
July 19, 2015
20:33 EDTEADSYMedia reports say Lockheed to buy UTX's Sikorsky
According to media reports, Lockheed Martin (LMT) has agreed to purchase United Technologies' (UTX) Sikorsky unit. The news comes after several months of speculation surrounding Sikorsky, and an announcement could be made just a day prior to second quarter earnings for both United and Lockheed. WHAT'S NEW: Reuters reported on Sunday that Lockheed Martin has agreed to buy Sikorsky Aircraft from United Technologies for over $8B, according to two sources, adding that the deal is set to be formally announced on Monday. The news was later echoed by Bloomberg, citing a person familiar with the talks. WHAT'S NOTABLE: United Technologies first reported that it was exploring strategic options for its Sikorsky unit on March 11. At the time, the company noted that options included a spinoff or a stand-alone public company, saying that the split could allow United "to better focus on providing high-technology systems and services to the aerospace and building industries." Following the announcement, UBS remarked that it was "not surprised" and reiterated a $136 price target on United shares. On May 20, the Wall Street Journal quoted sources as saying Boeing (BA), Airbus (EADSY) and Lockheed submitted bids for the helicopter maker, with a speculated deal thought to reach the $10B area. A June 9 report from Reuters added Textron (TXT) to the list of bidders. Today's news -- though unconfirmed by either United or Lockheed -- comes ahead of second quarter earnings reports for both companies scheduled for Tuesday, July 21. PRICE ACTION: Shares of Lockheed Martin declined 0.22% to $201.18 at the close of trading on July 17, while those of United Technologies fell 0.45% to $110.76.
July 16, 2015
13:52 EDTVLKAYGM slips after Barclays downgrades auto sector on China downturnbw
Subscribe for More Information
07:34 EDTVLKAYEuropean June car sales grow on expanded economy, Bloomberg says
European car sales growth accelerated to its fastest pace in five and a half years in June as Volkswagen (VLKAY), PSA Peugeot Citroen (PUGOY), and Ford (F) brought in new customers with newer models and an expanding economy, Bloomberg reports. Registrations rose 15% to 1.41M vehicles from 1.23M last year, the report says, citing data from the European Automobile Manufacturers' Association, or ACEA. Reference Link
July 15, 2015
19:39 EDTVLKAYVolkswagen considering entry into Iran market, Reuters says
Subscribe for More Information
July 14, 2015
07:49 EDTVLKAYUber no longer in race to buy Nokia mapping division, NY Times reports
Uber submitted a bid to buy Nokia's "Here" mapping division for as much as $3B, but the ride-hailing service operator is out of the running to acquire the unit as Nokia (NOK) focuses its negotiations on a potential deal with a group of German automakers, including Daimler's (DDAIF) Mercedes-Benz, Volkswagen's (VLKAY) Audi (AUDVF) and BMW (BAMXY), reported The New York Times, citing three people with knowledge of the matter. Reference Link
July 13, 2015
07:33 EDTEADSYRTI selected to supply titanium parts for Airbus A350-1000
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use