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Stock Market & Financial Investment News

News Breaks
March 18, 2013
06:14 EDTVLKAY, TM, GMVolkswagen leads rivals in profitability worldwide, Bloomberg reports
Volkswagen (VLKAY), which wants to become the world’s biggest car maker and a leader in profitability by 2018, reported record operating income of $15B last year. That was greater than GM's (GM) $7.9B and Toyota Motor's (TM) $11.1B, reports Bloomberg. But this year things will be tighter and may come down to currency fluctuations.Reference Link
News For VLKAY;TM;GM From The Last 14 Days
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August 18, 2014
07:37 EDTGM, VLKAY, TMReport says Russia may bar car imports if new sanctions enacted, Reuters says
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August 17, 2014
17:23 EDTGMJudge appoints lead counsel in GM ignition switch cases, Reuters says
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August 15, 2014
13:25 EDTVLKAYU.S. appeals court upholds dismissal of Porsche short squeeze suit, Reuters says
Porsche (POAHY) has convinced a U.S. federal appeals court to uphold the dismissal of a lawsuit that alleged the luxury car manufacturer of fraudulently controlling the market in Volkswagen (VLKAY) shares after they quietly amassed a large position in Volkswagen and created a "massive short squeeze" in October 2008, Reuters reported. The U.S. appeals court said Porsche could not be held responsible under U.S. securities fraud laws because the alleged wrongful conduct, which was brought on by more than 30 hedge funds who held short positions in shares of Volkswagen at the time, took place outside of the U.S., Reuters added. Reference Link
13:10 EDTGMGM issues recall due to faulty seat hook bracket assembly
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13:06 EDTTMGulf States Toyota recalls certain model year Tundras
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06:29 EDTGMGM recalls certain model year 2014 Chevrolet Impalas
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August 14, 2014
17:27 EDTGMAppaloosa gives quarterly update on stakes
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17:16 EDTGMPaulson & Co gives quarterly update on stakes
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16:54 EDTGMBerkshire Hathaway gives quarterly update on stakes
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12:46 EDTGMHayman Capital gives quarterly update on stakes
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11:56 EDTGMGM planning to invest $2.8B in Brazil over 5-year period, Reuters reports
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11:12 EDTGMGM executive says company in 'massive transformation,' WSJ says
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10:05 EDTGMOn The Fly: Analyst Initiation Summary
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August 13, 2014
16:07 EDTGMGeneral Motors initiated with an Underperform at Credit Suisse
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13:31 EDTVLKAYAudi up against penalty for monopolistic demeanor in China, Reuters says
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10:02 EDTGMGeneral Motors invests $174M in new Lansing stamping facility
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07:24 EDTTMToyota DOJ compliance to be overseen by former U.S. attorney, Detroit News says
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06:24 EDTGMGM says antitrust regulator approached China division, Reuters says
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06:07 EDTGMOpel CFO expects to be profitable in Europe by mid-decade, Detroit News reports
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06:04 EDTGMGM workers returning to Warren tech center after flooding, Detroit News reports
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