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Stock Market & Financial Investment News

News Breaks
January 22, 2014
07:37 EDTVOLVYChinese authority approves JV between Volvo and Dongfeng Motor Group
On January 7, the National Development and Reform Commission in China gave its approval of the establishment of a joint venture between the Volvo Group and Dongfeng Motor Group Company Limited. Before completion of the transaction, additional authority approvals are to be obtained. As announced in January 2013, AB Volvo has signed an agreement with the Chinese vehicle manufacturer Dongfeng Motor Group Company Limited to acquire 45% of a new subsidiary of DFG, Dongfeng Commercial Vehicles, which will include the major part of DFG’s medium- and heavy-duty commercial vehicles business. Through the approval by NDRC an important step has been taken towards completion of the transaction. Completion is subject to certain conditions including the approvals of other Chinese authorities, which have not yet been obtained. Completion of the transaction is currently expected to take place mid 2014. At completion of the transaction, the Volvo Group will significally strengthen its position in the medium-duty and heavy-duty truck segment.
News For VOLVY From The Last 14 Days
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May 21, 2015
05:31 EDTVOLVYVolvo reports April truck deliveries amounted to 17,715 vehicles
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May 19, 2015
09:14 EDTVOLVYAeroVironment: Volvo XC90 T8 plug-in hybrid to include TurboCord Dual charger
AeroVironment (AVAV) announced the portable TurboCord Dual charger will come standard with the 2016 Volvo XC90 T8 Twin Engine, which will debut later this year. The Volvo (VOLVY) XC90 T8 Twin Engine is the world’s first seven passenger plug-in hybrid electric vehicle.
May 18, 2015
10:01 EDTVOLVYOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: A10 Networks (ATEN) upgraded to Overweight from Sector Weight at Pacific Crest... Cal-Maine Foods (CALM) upgraded to Overweight from Equal Weight at Stephens... ChemoCentryx (CCXI) upgraded to Overweight from Neutral at JPMorgan... Cheniere Energy Partners LP (CQP) upgraded to Buy from Neutral at Goldman... Chicago Bridge & Iron (CBI) upgraded to Neutral from Sell at Goldman... Continental Resources (CLR) upgraded to Buy from Neutral at Goldman... Ctrip.com (CTRP) upgraded to Overweight from Neutral at JPMorgan... Emerge Energy (EMES) upgraded to Buy from Neutral at Goldman... FEMSA (FMX) upgraded to Overweight from Equal Weight at Morgan Stanley... GoPro (GPRO) upgraded to Perform from Underperform at Oppenheimer... Holly Energy (HEP) upgraded to Buy from Neutral at Goldman... JP Energy (JPEP) upgraded on better visibility on volumes at RBC Capital... Laredo Petroleum (LPI) upgraded to Neutral from Sell at Goldman... Malvern Bancorp (MLVF) upgraded to Outperform from Market Perform at Keefe Bruyette... Newfield Exploration (NFX) upgraded to Buy from Neutral at Goldman... Norsk Hydro (NHYDY) upgraded to Overweight from Neutral at JPMorgan... Owens-Illinois (OI) upgraded to Neutral from Underperform at BofA/Merrill... Penn National (PENN) upgraded to Buy from Neutral at Goldman... Roche (RHHBY) upgraded to Buy from Neutral at UBS... Schnitzer Steel (SCHN) upgraded on stabilizing headwinds at KeyBanc... Seventy Seven Energy (SSE) upgraded to Buy from Hold at Jefferies... Toll Brothers (TOL) upgraded to Neutral from Underperform at Sterne Agee CRT... United Therapeutics (UTHR) upgraded to Buy from Neutral at BTIG... Volvo (VOLVY) upgraded to Neutral from Underweight at JPMorgan... Zayo Group (ZAYO) upgraded to Buy from Neutral at Goldman.
06:43 EDTVOLVYVolvo upgraded to Neutral from Underweight at JPMorgan
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