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Stock Market & Financial Investment News

News Breaks
October 10, 2011
07:29 EDTFIATY, LUX, TIItaly August industrial production up in August, Bloomberg says
Even as Europe dealt with a contagion from the continent's debt problems, Italy's industrial production rose in August, reports Bloomberg. Reference Link
News For FIATY;LUX;TI From The Last 14 Days
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July 18, 2014
07:10 EDTTITelefonica smaller Telecom Italia share could cut Brazil worries, Reuters says
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July 17, 2014
07:50 EDTFIATYBiggest Fiat stakeholder denies possible VW acquisition, Bloomberg says
Fiat's (FIATY) largest stakeholder, the Agnelli family, said that there were no talks regarding a merger between the Italian car manufacturer and Volkswagen (VLKAY), according to Bloomberg, citing a spokesman for Exor, the Agnelli family's investment firm. Exor owns 30% of Fiatís shares and was responding to a report by Germanyís Manager Magazin. Reference Link
06:44 EDTFIATYReport says VW in talks to buy Fiat, Reuters says
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06:28 EDTFIATYChrysler pressured to fix Jeep recall faster, Detroit News says
The National Highway Traffic Safety Administration pressured Chrysler to resolve recalls for Jeep Grand Cherokee and Liberty vehicles due to risk of fire. The company stated it will be able to produce enough trailer hitches to complete the 1.56M vehicle recall faster than anticipated, reports the Detroit News. Reference Link
July 16, 2014
12:50 EDTTITelefonica approves sale of bonds exchangeable into Telecom Italia shares
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06:19 EDTFIATYFord, GM, Chrysler not interested in Tesla patents, Detroit News says
Ford (F), General Motors (GM), and Chrysler (FIATY) either have little interest in Tesla's (TSLA) EV patents or the companies are not sharing their plans, reports the Detroit News. Reference Link
July 15, 2014
07:15 EDTLUXIIR Holdings to hold a conference
14th Annual Shopper Insights in Action Conference to be held in Chicago on July 14-16.
06:27 EDTFIATYAutomakers backing U.S.-EU trade deal, NY Times reports
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July 11, 2014
11:02 EDTTITelefonica readying sale of Telecom Italia stake, Folha de Sao Paulo says
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08:24 EDTFIATYChrysler issues recall for 895K SUVs due to fire potential, Detroit News says
Chrysler, a division of Fiat, said that it is issuing a recall for 895K sport-utility-vehicles due to fire worries and will reroute wiring for vanity-mirror lights after government regulators decided to upgrade a probe into the problem, according to the Detroit News, citing comments from the Auburn Hills unit of Fiat Chrysler Automobiles. Reference Link
July 10, 2014
10:05 EDTTIOn The Fly: Analyst Upgrade Summary
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09:56 EDTFIATYFord, Fiat Chrysler inquire about EU changes, FT says
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07:19 EDTTITelecom Italia upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded Telecom Italia to Overweight following the recent pullback in shares.
July 9, 2014
09:47 EDTFIATYNew car sales in India rose 15% in June, WSJ reports
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July 8, 2014
07:07 EDTFIATYFiat founders could tighten hold on firm after Chrysler merge, Reuters says
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06:53 EDTLUXMichael Kors re-launch of eyewear a multi-year catalyst, says Piper Jaffray
Piper Jaffray believes the recently signed 10-year license agreement between Michael Kors (KORS) and Luxottica (LUX) represents a multi-year opportunity for both companies. After meeting with Luxottica, Piper believes the company's goal of $100M in wholesale sales in three years could prove conservative given the growing appeal for the Michael Kors brand. The firm views eyewear as another comp drive for Michael Kors and a multi-year catalyst for the company. It keeps an Overweight rating on the stock with a $115 price target.

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