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Stock Market & Financial Investment News

News Breaks
June 17, 2014
06:36 EDTVOLVYVolvo China export strategy pinpoints new Geely plan phase, Reuters says
Volvo's goal to turn China into an export hub shows parent company Zhejiang Geely is out to disprove pessimists who are doubting Chinese companies' ability to manage worldwide consumer brands, according to Reuters, citing comments from an executive who requested anonymity because he is not authorized to speak with reporters. The car manufacturer is hoping to surpass its FY14 China sales target by at least 13%. Reference Link
News For VOLVY From The Last 14 Days
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March 26, 2015
07:23 EDTVOLVYUBS to hold a field trip
Field Trip: 2015 Mid-America Trucking Show is being held in Louisville, KY on March 26.
March 19, 2015
10:20 EDTVOLVYReport: Volvo may oust CEO Olof Persson in next 1-2 weeks, Reuters says
Volvo (VOLVY) may oust CEO Olof Persson as the automaker faces lower profit, reports Reuters, citing a Swedish business daily Dagens Industri report. According to unnamed sources, an announcement about the CEO's departure could come within one or two weeks. One likely successor could be Volkswagen's (VLKAY) Scania head Martin Lundstedt. Reference Link

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