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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 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
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October 31, 2014
09:27 EDTEADSYWestern Power Distribution, Airbus enter purchase agreement
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06:37 EDTVLKAYVW, Daimler diminish rumors about possible CEO succession, Reuters says
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October 30, 2014
16:19 EDTDGIDigitalGlobe narrows 2014 revenue view to $640M-$660M from $630M-$660M
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16:16 EDTDGIDigitalGlobe reports Q3 EPS 0c, consensus (1c)
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10:46 EDTEADSYUnited Technologies unit pulls out of $3B Polish helicopter tender, Reuters says
Sikorsky Aircraft, a unit of United Technologies (UTX), which was competing with Airbus (EADSY) and Finmeccanica's AugustaWestland, has withdrawn from the bidding for a $3B contract to supply helicopters to the Polish military because it would have been impossible for them to deliver their Black Hawk copters according to the tender requirements, reported Reuters, citing a statement from the company. Reference Link
October 29, 2014
06:40 EDTVLKAYWatchdog says Volkswagen issued recall for China Audis, Reuters says
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06:26 EDTEADSYAirbus aims to launch first U.S. plant with bigger A321 plane, Reuters says
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06:18 EDTEADSYAirbus Defense, Space, TASL bid for Indian Air Force Avro replacement program
Airbus Defence and Space and Tata Advanced Systems have submitted a joint bid to replace the Indian Air Force's fleet of Avro aircraft with the Airbus C295 medium transport. The teaming follows an industrial assessment and stringent evaluation of the Indian private aerospace sector by Airbus Defence and Space, which concluded with the selection of Tata Advanced Systems as the Indian Production Agency exclusive partner for this program. A total of 56 Avro aircraft are to be replaced. In the event of contract award, Airbus Defence and Space will supply the first 16 aircraft in ‘fly-away’ condition from its own final assembly line. The subsequent 40 aircraft will be manufactured and assembled by Tata Advanced Systems in India. This will include undertaking structural assembly, final aircraft assembly, systems integration and testing, and management of the indigenous supply chain. Reference Link
06:15 EDTEADSYAirbus Defense, Space signs cooperation agreement with DCNS
As part of the 2014 Euronaval exhibition, Airbus Defence and Space and DCNS signed a cooperation agreement on October 28 in Paris to develop a ship-based helicopter UAS capability. This technological partnership will help to speed up the market release of the TANAN vertical take-off and landing tactical helicopter UAS, as it takes into account the naval sector’s requirements and the aircraft’s efficient integration onto all types of armed vessels from the outset. Airbus Defence and Space will produce the entire certified unmanned aerial system, the vehicle with its payloads, the datalink and the UAS control station. Reference Link
October 27, 2014
06:53 EDTVLKAYVolkswagen up against China protests after recall, Bloomberg says
After Volkswagen announced that it will recall over 581K New Sagitar and Beetle cars due to a rear torsion crank axle defect, the vehicle manufacture is up against country-wide protests in China, according to Bloomberg, citing comments from Volkswagen China’s executive president Soh Weiming. Reference Link
06:17 EDTVLKAYToyota leads over Volkswagen and GM in global vehicle sales, AP reports
Toyota (TM) continues to lead rivals Volkswagen (VLKAY) and General Motors (GM) as the world's top selling automaker in the first nine months of the year, reports the Associated Press. Toyota reported record sales of 7.62M vehicles, up 3% from last year. Volkwager said earlier this month it sold 7.4M vehicles in the nine-month period while GM reported 7.37M cars and trucks worldwide in the same period. Reference Link
October 23, 2014
10:08 EDTVLKAYAudi issues recall for 850K A4 vehicles due to airbag defect, WSJ says
Audi (AUDVF), a subsidiary of Volkswagen (VLKAY), announced the issuance of a global recall for 850K Audi A4 vehicles due to the need to fix faulty airbags, according to The Wall Street Journal, citing comments from an Audi spokesman. The car company noted that this defect is not related to the worldwide car recall relating to Takata's airbags. Reference Link
07:58 EDTVLKAYAutomakers under increased scrutiny after wide ranging air bag recall, WSJ says
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October 22, 2014
13:44 EDTEADSYTerna receives two Airbus Helicopters AS350 B3e rotocraft
Terna has taken delivery of two Airbus Helicopters AS350 B3e rotorcraft to perform surveillance and maintenance support for power lines that deliver electricity throughout the country. These two Ecureuil family helicopters were delivered by Airbus Helicopter’s long term Italian distributor, Aersud Elicotteri, who won Terna’s tender and will retrofit some of the equipment required by the customer. The new aircraft provide Terna with its own resources to conduct airborne operations, enabling the company to provide such services rather than relying on subcontractors.
13:43 EDTEADSYThai navy, air force acquires five EC645 T2, two EC725 rotocrafts from Airbus
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06:55 EDTEADSYAirbus aims to replace Boeing 757 with long-haul A321neo, Reuters says
In an effort to replace with Boeing's (BA) discontinued 757 jetliner, Airbus (EADSY) has started offering carriers a long-haul model of its A321neo aircraft, according to Reuters, citing comments from an Airbus representative. Reference Link
06:51 EDTEADSYAirbus China head sees helicopters as largest market in 6 years, Reuters says
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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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