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Stock Market & Financial Investment News

News Breaks
March 13, 2014
06:36 EDTVLKAY, TMVW projects 10M deliveries in FY14 on 100-model push, Bloomberg says
Volkswagen (VLKAY) aims to sell more than 10M vehicles in FY14, which is four years earlier than anticipated, as the carmaker accelerates model introductions in an effort to overtake Toyota (TM) as the industry leader, according to Bloomberg, citing comments from VW CEO Martin Winterkorn. Reference Link
News For VLKAY;TM From The Last 14 Days
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August 21, 2014
07:18 EDTVLKAY, TMChina considering new anti-trust rules for auto sector, China Daily says
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06:26 EDTTMToyota slices China Lexus part costs amid anti-trust worries, Reuters says
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August 20, 2014
20:03 EDTTMFord planning hybrid to compete with Toyota Prius, Reuters reports
Ford (F) is planning to introduce a new hybrid gasoline-electric car in late 2018 to compete against the Toyota (TM) Prius, according to Reuters, citing two sources with knowledge of the company's plans. It will be the company's first "dedicated" hybrid, unlike the hybrid Fusion, which is a variation of an existing gasoline model. Reference Link
09:36 EDTTMActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL FOLD TSLA TWTR WHX FB TM NFLX X EOG
August 18, 2014
07:37 EDTTM, VLKAYReport says Russia may bar car imports if new sanctions enacted, 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
13:06 EDTTMGulf States Toyota recalls certain model year Tundras
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August 13, 2014
13:31 EDTVLKAYAudi up against penalty for monopolistic demeanor in China, Reuters says
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07:24 EDTTMToyota DOJ compliance to be overseen by former U.S. attorney, Detroit News says
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August 11, 2014
15:23 EDTTMJPMorgan to hold a conference
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07:14 EDTTMToyota, Honda to cut prices in China following probe, Reuters says
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August 9, 2014
15:53 EDTVLKAYVW recalls 151k Tiguans on stalling possibility, WSJ says
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August 8, 2014
10:52 EDTVLKAYVolkswagen recalls 2009 Routans due to ignition defect
The company said that it is recalling 2009 Routan vehicles due to an ignition defect. The key fob should be removed from the key ring. Road conditions or some other jarring event may cause the ignition switch to move out of the run position, turning off the engine. If the ignition key inadvertently moves into the "off" or "accessory" position, the engine will turn off, which will then depower various key safety systems including but not limited to air bags, power steering, and power braking. Loss of functionality of these systems may increase the risk of crash and/or increase the risk of injury in the event of a crash. Volkswagen will notify owners, and dealers will modify the ignition switch, free of charge. The recall is expected to begin in August. Reference Link
06:35 EDTTMNissan nears Honda U.S. sales due to designs, costs, Reuters says
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