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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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August 26, 2014
06:42 EDTFIATYCCI charges automakers $420M for anti-competitive tendencies, Reuters says
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06:36 EDTTITelefonica board mulls increasing GVT offer, Bloomberg says
Telefonica's (TEF) board is aiming to talk about increasing its bid for Vivendi's (VIVHY) GVT division, and could potentially value the business at nearly $10.6B, according to Bloomberg, citing a person with knowledge of the matter. The source noted that the raised offer might be presented prior to Vivendi's upcoming board meeting in two days and before Telecom Italia (TI) finalizes a competitive bid. Reference Link
August 25, 2014
15:34 EDTLUXLuxottica calls board meeting to consider management structure
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06:35 EDTFIATYFiat-Chrysler merger up against support obstacle, WSJ says
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August 22, 2014
06:54 EDTFIATYChrysler to not replace Ram steel body panels until 2020, Reuters says
Fiat's (FIATY) Chrysler is aiming to redesign its full-size Ram 1500 pickup trucks beginning in three years, but the car manufacturer has no definitive goals to follow competitors GM (GM) and Ford (F) in using aluminum body panels instead of steal until a finalized overhaul happens after 2020, according to Reuters, citing industry sources. Reference Link
August 21, 2014
13:44 EDTFIATYChrysler recalls Cherokees, Rams due to rear shock defect
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07:18 EDTFIATYChina considering new anti-trust rules for auto sector, China Daily says
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August 20, 2014
06:31 EDTLUXLuxottica says chairman, CEO discussing strategy for awhile, Reuters says
Luxottica said CEO Andrea Guerra and chairman Leonardo Del vecchio have been discussing the optimum strategy for the company for awhile after press reports were issued that Guerra is looking to exit the firm, according to Reuters, citing a statement from the Italian company. Reference Link
August 19, 2014
10:13 EDTFIATYOn The Fly: Analyst Initiation Summary
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06:26 EDTTITelecom Italia board plans meeting to discuss GVT bid, Reuters says
Telecom Italia (TI) is poised to have a board meeting sometime next week to talk about making a takeover bid for Vivendi's (VIVHY) GVT division, according to Reuters, citing a source close to the matter. The source said, "Certainly nothing will happen this week," but explained that the meeting was likely to occur on August 27. Reference Link
05:21 EDTFIATYFiat initiated with an Underperform at Credit Suisse
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August 18, 2014
13:32 EDTTITelefonica adds content deal in bid for Vivendi GVT unit, Reuters says
Telefonica (TEF) has added to its bid for Vivendi's (VIVHY) Brazilian broadband telecoms business, GVT, by offering Vivendi a television content-sharing deal, says Reuters. The content-sharing deal offered by Telefonica brings its total offer to approximately $9.4B which is in-line with what Telecom Italia (TI) may counter bid for GVT, added Reuters. Reference Link
07:37 EDTFIATYReport says Russia may bar car imports if new sanctions enacted, Reuters says
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August 17, 2014
13:51 EDTTITelecom Italia looks to outbid rival for Vivendi's GVT unit, Bloomberg says
Telecom Italia (TI) is preparing to outbid Telefonica (TEF) and offer as much as $9.4B for Vivendiís (VIVHY) Brazilian broadband unit GVT, says Bloomberg. Reference Link
August 15, 2014
06:45 EDTFIATYFiat Chrysler development goal challenged by merger holdup, Reuters says
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August 14, 2014
13:27 EDTTITelecom Italia confirms talks with Vivendi for potential Brazilian combination
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13:16 EDTTITelecom Italia confirms in talks with Vivendi for alliance
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13:09 EDTTITelecom Italia trading halted, pending news
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10:05 EDTLUXOn The Fly: Analyst Upgrade Summary
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06:28 EDTLUXLuxottica upgraded to Neutral from Sell at Goldman
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