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Stock Market & Financial Investment News

News Breaks
March 11, 2014
06:59 EDTVLKAYVW close to decision to make SUV at Skoda or Seat plant, Reuters says
Volkswagen is close to deciding on whether to make a new sport-utility vehicle for its mass-market brands Skoda and Seat at a plant in the Czech Republic or Spain, according to Reuters, citing comments from a Skoda union leader in Czech newspaper Mlada Fronta Dnes. The Skoda union official said no decision had been made but they are planning to meet with VW CEO Martin Winterkorn on Friday. Reference Link
News For VLKAY From The Last 14 Days
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August 21, 2014
07:18 EDTVLKAYChina considering new anti-trust rules for auto sector, China Daily says
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August 18, 2014
07:37 EDTVLKAYReport 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
August 13, 2014
13:31 EDTVLKAYAudi up against penalty for monopolistic demeanor in China, Reuters says
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August 9, 2014
15:53 EDTVLKAYVW recalls 151k Tiguans on stalling possibility, WSJ says
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