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Stock Market & Financial Investment News

News Breaks
July 11, 2014
06:37 EDTVLKAYUnion creates branch for employees at VW facility, Reuters says
The United Auto Workers announced the creation of a local union in Tennessee for employees at a Chattanooga Volkswagen facility, according to Reuters, citing a statement from UAW president Dennis Williams and a VW spokesman. The spokesman said that there was no contract or other formal deal between the vehicle manufacturer and the union at the moment. Reference Link
News For VLKAY From The Last 14 Days
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August 29, 2014
12:42 EDTVLKAYAudi will recall 70K cars worldwide for potential brake problem, Reuters says
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August 27, 2014
06:49 EDTVLKAYAnti-UAW employees aim to create union at VW facility, Reuters says
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August 26, 2014
06:42 EDTVLKAYCCI charges automakers $420M for anti-competitive tendencies, Reuters says
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06:15 EDTVLKAYVolkswagen JV executives probed by China, WSJ reports
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August 25, 2014
13:06 EDTVLKAYVolkswagen to reportedly release new version of Golf, Automotive News says
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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

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