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Stock Market & Financial Investment News

News Breaks
April 23, 2012
06:14 EDTWMT, TM, HMC, NSANY, ABB, ROK, LRLCYOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Wal-Mart (WMT) faces significant legal risks after disclosing that it's investigating its Mexican operations for possible violations of U.S. law that prohibits bribery in foreign countries, legal experts say, the Wall Street Journal reports...A year after Japan's auto industry's production was disrupted by natural disasters, unfavorable exchange rates and a weak lineup, their major auto firms--Toyota (TM), Honda (HMC) and Nissan (NSANY)--are poised to race ahead in fiscal 2012, the Wall Street Journal reports...REUTERS: ABB (ABB) CEO Hogan says they're considering closing gaps in their automation and transmission portfolio with acquisitions but has no plans to bid for Rockwell (ROK), Handelsblatt reported, Reuters reports...France's L'Oreal (LRLCY) is interested in buying soap and baby products company Cadum in a deal that could be worth $264.16M, Les Echos reported, Reuters reports...BLOOMBERG: Hedge funds lowered bets on higher commodity prices by the most in four months on rising concern that Europe’s debt crisis will hurt global growth and slow demand for raw materials, Bloomberg reports.
News For WMT;TM;HMC;NSANY;ABB;ROK;LRLCY From The Last 14 Days
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October 15, 2014
06:54 EDTTMWatchdog says Toyota JV issued recall for over 93K vehicles, Reuters says
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06:49 EDTWMTWal-Mart partners with VUDU for digital movie access offering
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06:44 EDTTMToyota issues recall for 1.67M cars due to brake defect, Reuters says
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October 14, 2014
18:12 EDTTMToyota to manufacture SUVs in Turkey starting in 2016, Nikkei reports
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05:34 EDTTMToyota reports September global hybrid sales surpassed 7M unit mark
Toyota announced global hybrid sales surpassed the 7M unit mark in September. Toyota achieved this latest million-unit hybrid milestone at the record pace of nine months. Including hybrid vehicles launched this year, Toyota will introduce at total of 15 new hybrids globally through 2015. Hybrids launched this year comprise the Lexus Voxy Hybrid and Noah Hybrid in Japan only, and the Lexus NX 300h. This month Toyota will introduce the Lexus RC 300h. Toyota plans to continue expanding its hybrid lineup and increase the number of countries and regions where it sells hybrid vehicles.
October 13, 2014
10:20 EDTHMCHonda to recall 43,000 Acuras in US to fix seat belts, Reuters reports
Honda is recalling 43,000 Acura luxury models in the United States to fix faulty seat belts, reports Reuters. Honda said the 2014-2015 models may have seat belts that do not release from the retracted position in very low temperatures. No reports of accidents or injuries related to the issue. Reference Link
09:02 EDTWMTWal-Mart October volatility elevated into investment community meeting
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07:15 EDTWMTNational Association of Corporate Directors to hold a conference
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06:44 EDTHMC, TM, NSANYRegulators seeking banks' auto loan data, Reuters reports
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October 12, 2014
17:55 EDTWMTWal-Mart, DSW could benefit from holiday sales, Barron's says
Wal-Mart (WMT) and DSW (DSW) could benefit from the recent forecast of a 4% increase in holiday spending, Barron's contends in a follow up article. Reference Link
October 10, 2014
09:37 EDTWMTWal-Mart upgraded to Buy from Neutral at Gilford Securities
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08:41 EDTNSANYNissan recalls over 220K Altimas due to hood latch defect, AP says
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07:17 EDTNSANYCitigroup and the Society of Automotive Analysts to co-host a summit
Automotive Investor Summit is being held in Southfield, Michigan on October 10.
06:07 EDTNSANYNissan reports September Europe sales of 68,753
Nissan announced today European sales for September of 68,753 units, representing a market share of 4%. Best-selling Nissan models for the month were the crossovers Qashqai and JUKE. Reference Link
October 9, 2014
10:00 EDTTMOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Acuity Brands (AYI) upgraded at Oppenheimer... Agnico-Eagle (AEM) upgraded to Buy from Hold at Desjardins... Apple (AAPL) upgraded to Outperform from Perform at Oppenheimer... Bank of Montreal (BMO) upgraded to Buy from Hold at Canaccord... Basic Energy (BAS) upgraded to Hold from Underperform at Jefferies... BreitBurn Energy (BBEP) upgraded to Outperform from Perform at Oppenheimer... Golden Minerals (AUMN) upgraded at Roth Capital... Helmerich & Payne (HP) upgraded to Buy from Hold at Jefferies... II-VI (IIVI) upgraded to Buy from Neutral at DA Davidson... LivePerson (LPSN) upgraded at Credit Suisse... Luminex (LMNX) upgraded to Market Perform at Cowen... MGM Resorts (MGM) upgraded at Craig-Hallum... New Gold (NGD) upgraded to Buy from Hold at Desjardins... New Source Energy (NSLP) upgraded to Outperform from Perform at Oppenheimer... Pacific Coast Oil (ROYT) upgraded to Buy from Hold at Stifel... Pioneer Energy (PES) upgraded to Buy from Hold at Jefferies... Precision Drilling (PDS) upgraded to Strong Buy from Outperform at Raymond James... Randgold (GOLD) upgraded to Overweight from Neutral at HSBC... Resource Capital (RSO) upgraded to Buy from Hold at MLV & Co.... Toyota (TM) upgraded to Buy from Neutral at BofA/Merrill... Transocean (RIG) upgraded to Outperform from Sector Perform at Iberia... Universal Technical (UTI) upgraded to Outperform from Market Perform at Wells Fargo... Vulcan Materials (VMC) upgraded to Buy from Neutral at Longbow.
08:02 EDTNSANYPandora announces new auto partnership with Ford Australia
Pandora (P) Internet Radio has officially announced its partnership with Ford (F) Australia. The launch, effective across a range of nameplates including Fiesta ST and Focus ST and Ford Kuga line up, will continue to roll out across other Ford nameplates including the Fiesta, Focus, Ranger and Transit range by early 2015. Pandora locally also partners with Holden and Mazda, and will soon be released on new model Nissans (NSANY).
06:27 EDTTMToyota upgraded to Buy from Neutral at BofA/Merrill
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October 8, 2014
10:01 EDTHMCSolarCity and Honda renew partnership to fund $50M in solar projects
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October 7, 2014
13:40 EDTWMTWal-Mart to host a meeting
21st Annual Meeting for the Investment Community is being held on October 15 at 8:45 am. Webcast Link
10:34 EDTWMTWal-Mart cutting health insurance coverage for most part-time workers, AP says
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