Volkswagen's Latest Diesel Story Doesn't Pass the Smell Test
John Rosevear, The Motley Fool - Motley Fool - Fri Oct 09, 5:02PM CDT
Image source: Volkswagen Volkswagen 's U.S. chief told a U.S. House of Representatives committee on Thursday that "a couple of software engineers" were likely responsible for the emissions cheating scandal that has VW facing billions in potential...
Stocks Crawl Into the Weekend as More Earnings Loom
at The Street - Fri Oct 09, 3:01PM CDT
Stocks barely make any moves on Friday as investors wait until next week for the earnings season to crank up a notch.
BUD: 111.88 (+1.19), GE: 28.07 (+0.04), DAL: 47.21 (+1.25), C: 51.38 (-0.27), WMT: 66.69 (-0.19), BAC: 15.58 (-0.17), WFC: 52.14 (-0.40), LL: 18.84 (+2.42), INTC: 32.14 (-0.38), NFLX: 113.33 (-1.60), JNJ: 95.37 (+0.29), RT: 5.80 (-0.80), AA: 10.26 (-0.75), GS: 179.19 (-1.88), EBAY: 24.30 (+0.15), JPM: 61.93 (-0.20), MAT: 22.35 (+0.02), AAL: 42.42 (+2.68), GPS: 27.42 (-1.53), HMC: 32.72 (+0.22)
Volkswagen's Scandal May Have Already Crushed its 2015 Profit
John Rosevear, The Motley Fool - Motley Fool - Fri Oct 09, 2:40PM CDT
Volkswagen headquarters in Wolfsburg, Germany. Image source: Volkswagen Volkswagen 's cheating scandal is going to be an expensive one for the giant German automaker. But it looks like VW is hoping to take the impact of those costs as soon as...
Stocks Turn Positive in Final Hour of Trading
at The Street - Fri Oct 09, 2:01PM CDT
Stocks turn positive in the final hour of trading Friday as the Dow Jones Industrial Average attempts to clinch a six-day winning session, its longest streak of 2015.
BUD: 111.88 (+1.19), RT: 5.80 (-0.80), AA: 10.26 (-0.75), WMT: 66.69 (-0.19), AAL: 42.42 (+2.68), GPS: 27.42 (-1.53), LL: 18.84 (+2.42), HMC: 32.72 (+0.22)
Stocks Struggle to Remain Higher as Crude Pares Gains
at The Street - Fri Oct 09, 9:15AM CDT
Stocks struggle to hold gains on Friday; crude oil falls back after trading above $50 a barrel for the first time in more than two months.
BUD: 111.88 (+1.19), RT: 5.80 (-0.80), AA: 10.26 (-0.75), GPS: 27.42 (-1.53), HMC: 32.72 (+0.22)
The Zacks Analyst Blog Highlights: Volkswagen, Toyota Motor, Ford Motor, Tesla Motors and General Motors
Zacks Equity Research - Zacks Investment Research - Fri Oct 09, 8:30AM CDT
The Zacks Analyst Blog Highlights: Volkswagen, Toyota Motor, Ford Motor, Tesla Motors and General Motors
TSLA: 220.69 (-6.03), F: 14.97 (-0.02), GM: 32.95 (-0.48), TM: 122.60 (-0.88)
VW may compensate owners of diesel cars for loss of value
By TOM KRISHER - AP - Fri Oct 09, 8:28AM CDT
DETROIT (AP) — Volkswagen could compensate owners of diesel-powered cars that emit high levels of pollutants, possibly by paying them for the lost value of their vehicles, the company's top U.S. executive said.
Stock Futures Climb as Dow Looks to Extend Five-Day Win Streak
at The Street - Fri Oct 09, 8:00AM CDT
Stock futures are slightly higher on Friday as the Dow Jones Industrial Average looks to extend a five-day winning streak into a sixth session.
RT: 5.80 (-0.80), AA: 10.26 (-0.75), GPS: 27.42 (-1.53), HMC: 32.72 (+0.22)
Things we learnt in plenary: Hollande and Merkel, Volkswagen and Kunduz bombing
M2 - Fri Oct 09, 6:17AM CDT
French President Francois Hollande and German Chancellor Angela Merkel debated with MEPs the challenges facing Europe, from the refugee crisis to the situation in Syria, during October's first plenary session. MEPs also discussed the Volkswagen scandal with the European Commission, which is preparing new legislation to tighten vehicle testing. In addition the refugee crisis was discussed with European Council President Donald Tusk, following September's extraordinary EU summit.
GM's New Diesel Engine Enters the Fray Amid Broad Public Censure for VW
at The Street - Fri Oct 09, 6:09AM CDT
For GM, the controversy swirling around VW may turn out to be an auspicious moment to introduce the 2016 GMC Canyon, which is powered by a 2.8-liter turbodiesel engine.
GM: 32.95 (-0.48)
UK Based Law Firm, No.1 Solicitors Seeks to Help UK Consumers in Getting Compensation For Their Vehicles as it Evaluates a Class Action Suit Against Volkswagen AG
PR Newswire Europe - Fri Oct 09, 4:21AM CDT
OLDHAM, England, October 9, 2015 /PRNewswire/ --
Strategic Analysis of Powertrain Light-weighting Measures 2015-2022
M2 - Fri Oct 09, 3:48AM CDT
Research and Markets (http://www.researchandmarkets.com/research/pnvgf5/strategic) has announced the addition of the "Strategic Analysis of Powertrain Light-weighting Measures" report to their offering. The study throws light on various light-weighting measures on powertrains and their importance and level of maturity in taking original equipment manufacturers (OEMs) closer to CO2 targets. The study has been broken down into 3 clustersengine, transmissions, and exhaust after-treatment. Newer materials and the pace of substitution of conventional materials have been discussed. Supplementary technological advances required in manufacturing and joining process and economies of scales to be achieved are also detailed. The study delves into key participants, such as BMW and VW, for a deeper insight into their light-weighting strategies through 2 case studies. The base year is 2015 and forecasts have been provided till 2022. Key Findings: - Material of the future is highly subjective to application. However, significant levels of material substitution will occur only if new materials score well in terms of their availability, economics, and sustainability. Plastics and reinforced polymers have large potential for light weighting, but their increased application is dependent on research advancement in their thermal properties and joining methods - Light weighting of exhaust systems will be centered around integration of exhaust manifold in the cylinder head, reduction of exhaust component wall thickness, and reduction of volumes handled by exhaust components. Opportunities for these concepts are with respect to the noise, vibration, and harshness (NVH), back pressure optimization, and achieving desired levels of conversion efficiency with newer materials and exhaust designs Key Topics Covered: 1. Executive Summary 2. Research Scope, Objectives, Background, and Methodology 3. Definitions and Segmentation 4. Light Weighting-Engine Cluster 5. Light Weighting-Transmission Cluster 6. Light Weighting-Exhaust Cluster 7. Case Study-BMW Group 8. Case Study-Volkswagen Group 9. Conclusions and Future Outlook 10. Appendix Companies Mentioned - BMW Group - Volkswagen Group For more information visit http://www.researchandmarkets.com/research/pnvgf5/strategic
Elon Musk: Apple Is 'Tesla Graveyard,' Not Car Threat
at Investor's Business Daily - Thu Oct 08, 11:20PM CDT
Tesla Motors (TSLA) CEO Elon Musk says Apple (AAPL) isn't a serious electric threat, telling German newspaper Handelsblatt that Apple hires from Tesla are failures. "They have hired people we've fired," Musk said. "We always jokingly call Apple the...
TSLA: 220.69 (-6.03), F: 14.97 (-0.02), GM: 32.95 (-0.48), AAPL: 112.12 (+2.62)
After-Hours Action: Alcoa, VW, Gap, Helen Of Troy
at Investor's Business Daily - Thu Oct 08, 5:59PM CDT
Here's a quick rundown of Thursday's after the close action: Alcoa (AA) missed quarterly earnings and sales expectations. Shares dropped 5%. The state of Texas is suing German automaker Volkswagen (VLKAY) over the marketing of its diesel vehicles,...
HELE: 101.72 (+6.96), AA: 10.26 (-0.75), GPS: 27.42 (-1.53)
VOLKSWAGEN
at Investor's Business Daily - Thu Oct 08, 5:43PM CDT
VOLKSWAGEN (VLKAY) was sued by Texas over its admitted diesel engines emissions cheating. The state seeks an injunction and unspecified restitution and civil penalties. Volkswagen shares were unchanged.
Gold Will Go Higher Once Faltering Economy Pushes Fed to Act
at The Street - Thu Oct 08, 5:07PM CDT
Anthem Blanchard, founder of Anthem Vault, said a faltering economy and intensive action by Fed Chair Janet Yellen will send the yellow metal higher in the coming year.
PALL: 68.54 (+0.80), PPLT: 94.70 (+2.89)
Will Diesel Owners Want Volkswagen's "Repairs"?
John Rosevear, The Motley Fool - Motley Fool - Thu Oct 08, 5:03PM CDT
Image source: Volkswagen. More details are emerging around Volkswagen 's plans to fix the millions of diesel-powered vehicles it sold with software that allowed them to pass emissions tests while emitting pollutants at far above legal limits in...
The Future is Now: Hager Environmental's Emissions Camera is the Solution to Air Pollution
Business Wire - Thu Oct 08, 4:57PM CDT
In light of the recent Volkswagen scandal and the demand for real world driving cycle data, government entities are questioning traditional methods and looking for alternatives for testing their fleets. Hager Environmental & Atmospheric Technologies (HEAT) has developed one such option. The "Emission Camera" technology HEAT offers is an Emissions Detection and Reporting System labeled EDAR. It is a laser-based system installed on poles above main highways scanning down on the roadway capturing emissions data of vehicles passing underneath the unit in real time.
Business Highlights
By The Associated Press - AP - Thu Oct 08, 4:56PM CDT
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Tesla Finishes Dead Last On These 2 Quality Measures
at Investor's Business Daily - Thu Oct 08, 4:22PM CDT
Tesla Motors (TSLA) recently won a better-than-perfect Consumer Reports score for its Model S. But Tesla's stock is dead last among automakers -- including General Motors (GM), Volkswagen (VLKAY) and Fiat Chrysler (FCAU) -- on two key qualitative...
TSLA: 220.69 (-6.03), F: 14.97 (-0.02), GM: 32.95 (-0.48), TM: 122.60 (-0.88), FCAU: 15.67 (+0.17)