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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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July 14, 2014
09:16 EDTVLKAYVolkswagen poised to invest $900M in Tennesee facility, WSJ says
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07:40 EDTEADSYBoeing aims for 737 higher-capacity model, Reuters says
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07:32 EDTEADSYAerCap exercises options to purchase fifty A320neo aircraft from Airbus
AerCap (AER) announced that it has exercised options to purchase 50 A320neo family aircraft from Airbus (EADSY). This transaction will bring AerCap's firm orders for A320neo family aircraft to a total of 200. Deliveries are expected to commence in 2015.
07:04 EDTEADSYAlcoa announces $1.1B supply agreement with Pratt & Whitney
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06:50 EDTEADSYAirbus launches A330-800neo, A330-900neo
Airbus (EADSY) announced the A330-800neo and A330-900neo launched in July will reduce fuel consumption by a further 14% per seat compared with today’s A330. The company said that the A330neo will not only match the cash operating costs per seat of Boeing's (BA) 787, but also surpass it on direct operating costs per seat, and do so while offering an inch greater seat-width in economy class. The A330neo incorporates latest generation Rolls-Royce (RYCEY) Trent 7000 engines with a larger 112” diameter fan for a 10:1 bypass ratio, more seats and new cabin features. First deliveries of the newest A330 family members are scheduled to start in 4Q17. Reference Link
06:39 EDTEADSYAirbus debuts overhauled A330 jet at airshow, Reuters says
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06:36 EDTEADSYBoeing 'comfortable' with range amid Airbus overhaul plan, Reuters says
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06:31 EDTVLKAYVolkswagen expected to unveil details of new SUV for U.S. market, WSJ reports
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06:29 EDTEADSYBritish Airways owner issues order for 20 A320neo planes, Reuters says
British Airways (BAIRY) owner IAG issued an order for 20 Airbus (EADSY) 320neo jets, an agreement valued at well over $1B at list prices, and which occurred on first day of the Farnborough Airshow, according to Reuters, citing a statement from IAG. Reference Link
05:30 EDTEADSYUTC Aerospace selected by Airbus to provide wheels, brakes for A320neo facility
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July 13, 2014
12:56 EDTEADSYUTC Aerospace selected by Airbus for long-term maintenance pact
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11:40 EDTEADSYAmerican selects CFM engine to power A320 in order valued $2.6B
American Airlines (AAL) has selected CFM International’s advanced LEAP-1A engine to power its new fleet of 100 Airbus (EADSY) A320neo family aircraft. CFM values the engine order at $2.6B U.S. at list price. The aircraft order was originally announced in July 2011 and American will begin taking delivery in 2017. American also has orders for LEAP-1B engines to power 100 Boeing 737 MAX aircraft, which are also scheduled to be delivered beginning in 2017. American has been a CFM customer since 1996 and the airline’s fleet includes 375 Airbus A320 Family and Boeing 737 aircraft powered by CFM56 engines. CFM International is a 50/50 joint company between Safran and General Electric (GE).
July 12, 2014
18:08 EDTEADSYeasyJet said to choose GE-Safran engine for Airbus jets, WSJ says
easyJet (ESYJY) is set to order engines from a partnership of General Electric (GE) and France's Safran to power 100 Airbus Group (EADSY) NV A320neo jets, says the Wall Street Journal. According to the WSJ report United Technologies (UTX) unit Pratt & Whitney was also aggressively competing for the order. Reference Link
July 11, 2014
13:08 EDTEADSYAirbus to debut revamped A330 at airshow, Reuters says
Airbus will debut its revamped and rebranded A330 passenger jet at a launch expected to begin next week's Farnborough Airshow, according to Reuters, citing people familiar with the matter. The A330-800neo and A330-900neo will be updated variations of the A330-200 and A330-300, respectively. Reference Link
08:49 EDTEADSYAirbus sees upgraded A330 jet 14% more fuel efficient, WSJ reports
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06:46 EDTEADSYAirbus, SMBC in advanced discussions for 100 planes, Reuters says
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06:37 EDTVLKAYUnion creates branch for employees at VW facility, Reuters says
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July 10, 2014
07:11 EDTEADSYAirbus rebuffs $20.6B IndiGo jet agreement report, Reuters says
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06:34 EDTVLKAYChina exempts new energy cars from sales tax, Xinhua reports
China announced yesterday that new energy cars would be exempt from a 10% sales tax starting in September, according to Xinhua. The tax will not have to be paid by buyers of qualified pure electric cars, plug-in hybrid electric cars and fuel cell cars from September 1, 2014 until the end of 2017, the news service quoted the Chinese government as saying. Tesla (TSLA), Volkswagen (VLKAY), and Kandi Technologies (KNDI) are among the companies that are poised to benefit from the decision. Reference Link
06:29 EDTEADSYAirbus leans toward A330neo air show debut, Bloomberg says
Airbus is poised to announce more fuel-efficient engines for its A330 jet at the Farnborough Air Show next week as it aims to broaden the wide-body’s lifespan, according to Bloomberg, citing people with knowledge of the plans. A company spokesman said that the French firm had no comment prior to an official decision regarding the A330 air show debut. Reference Link
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