The Traderszone Network

Foreign automakers continue to plough money into factories in China, the world’s largest car market, even as the biggest economic slowdown in a quarter of a century crimps sales growth. Market leaders Volkswagen AG (VOWG_p.DE) and General Motors (GM.N) show no sign of letting up on their planned investments, while Toyota Motor and Ford Motor (F.N) are also pursuing new China expansion plans. Foreign automakers, many of which are expected to unveil new products for China at this week’s Shanghai autoshow, including Ford’s redesigned Taurus sedan , aren’t fretting over the first quarter slowdown.

Hello Fellow ChartWatchers!

Over the past couple of weeks, we been revamping our Point & Figure charting tool.  The new version was released last week.  It has several key improvements including:

read more

The meeting next Wednesday would aim to negotiate possible concessions addressing those concerns, the Journal said, citing people familiar with the matter. Staffers at both the Justice Department and the Federal Communications Commission remain concerned the combined company would have too much power in the Internet broadband market and would have unfair competitive leverage against TV channel owners and businesses offering online video programming, the Journal said.

read more

Greece aims for a deal with its creditors over a reforms package but will not retreat from its red lines, the country’s deputy prime minister told the Sunday newspaper To Vima, not ruling out a referendum or early polls if talks reach an impasse. Athens is stuck in negotiations with its euro zone partners and the International Monetary Fund over economic reforms required by the lenders to unlock remaining bailout aid. “Our objective is a viable solution inside the euro,” Yannis Dragasakis told the paper.

read more

Volkswagen (VOWG_p.DE) is exploring the possibility of developing budget sports utility vehicles (SUVs) and multi-purpose vehicles (MPVs) in China in a bid to keep up with shifts in the market, its China chief executive, Jochem Heizmann, said on Sunday. Heizmann told reporters that the firm’s struggle to keep up with the pace of growth in China’s passenger car market in the first quarter was in part caused by its lack of budget-priced SUVs and MPVs.

read more

BMW (BMWG.DE) is recalling 91,800 Mini Coopers in the United States to replace a defective sensor that may prevent the front passenger seat air bag from deploying in a crash, the German automaker said on Saturday. In documents posted on the U.S. National Highway Traffic Safety Administration website, BMW said the recall of certain model year 2005 to 2008 Mini Cooper and Mini Cooper S cars is expected to being on May 1. BMW said the front passenger seat air bag may not deploy because of a defect in the occupant detection mat.

Once you get out of Manhattan, the borough with the largest cluster of publicly traded companies is, according to Crain’s research, Queens. JetBlue Airways, Steve Madden, Standard Motor Products and…

To view the full story, click the title link.