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Stock Market & Financial Investment News

News Breaks
June 18, 2014
05:39 EDTVOLVYVolvo reports May truck deliveries up 4% to 17,410 vehicles
Deliveries from the Volvo Groupís truck operations in May amounted to 17,410 vehicles. This was an increase of 4% compared with the year-earlier month. May experienced an unfavorable product and market mix. Deliveries of heavy duty trucks were on the same level as last year while deliveries of light duty trucks sourced from external suppliers were up by 36%. On a regional basis May deliveries declined by 19% in South America and by 4% in Europe while deliveries rose by 26% in Asia and by 13% in North America.
News For VOLVY From The Last 14 Days
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July 22, 2014
10:00 EDTVOLVYOn The Fly: Analyst Upgrade Summary
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08:57 EDTVOLVYVolvo upgraded to Neutral from Sell at Goldman
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July 21, 2014
05:41 EDTVOLVYVolvo announces partnership with ABB
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July 19, 2014
19:20 EDTVOLVYVolvo to pay penalties on emission compliance of diesel engines
The U.S. Court of Appeals for the District of Columbia Circuit has ruled that the Volvo Group should pay penalties and interest of approximately SEK 508M following a dispute between the Volvo Group and the U.S. Environmental Protection Agency, EPA, regarding emission compliance of diesel engines. The Court of Appeals affirmed a District Courtís ruling that model year 2005 Volvo Penta engines violated the provisions of a Consent Decree. This is expected to have a negative impact on the Groupís operating income of approximately SEK 440M in Q314 in the segment Group functions and other. The Volvo Group had previously accounted for approximately SEK 68M as a provision and approximately SEK 422M as a contingent liability.
July 17, 2014
10:00 EDTVOLVYOn The Fly: Analyst Initiation Summary
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July 16, 2014
17:37 EDTVOLVYVolvo initiated with a Neutral at Piper Jaffray
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July 14, 2014
06:08 EDTVOLVYABI Research: Over 24M cars to be fitted with Apple CarPlay, DigiTimes says
ABI Research said that over 24M cars will be fitted with Apple (AAPL) CarPlay in 2019, reports DigiTimes. ABI Reserch said that the uptake in MirrorLink will also be fairly significant, but predicts more cars will be fitted with CarPlay. It cites several car makers to have the capabilities, including Ford (F), BMW, Audi, Mercedes, Jaguar/Land Rover, Toyota (TM), Nissan (NSANY), and Volvo (VOLVY). Reference Link

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