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  • MILAN— Fiat Chrysler Automobiles on Thursday raised its revenue forecast after strong sales in North American and a recovery in the European market boosted second-quarter profits by 70 percent. The company said in a presentation to analysts Thursday that it didn't expect the Ram buyback offer to cost more than $20 million. Fiat Chrysler reported its net...

  • LAHAINA, Hawaii, July 29- Pacific trading partners are deadlocked over intellectual property protections, including monopoly periods for next-generation drugs, Japanese Economy Minister Akira Amari said on Wednesday. People briefed on the TPP talks saw signs of progress on other sticky issues, such as Canada's dairy market, as farmers kept up pressure for...

  • Countries involved in the Trans-Pacific Partnership free trade talks are considering a U.S. proposal for finance ministers to discuss currency questions, Australian Trade Minister Andrew Robb said on Tuesday. The move falls short of demands from U.S. lawmakers for tough rules against currency cheating, including from Levin, whose state of Michigan is home...

  • *To restructure and downsize India operations. *To stop production at one of two plants in India. NEW DELHI, July 29- General Motors Co said on Wednesday it will invest $1 billion over the next few years to turn India into a global export hub, even as it cuts production capacity in the country due to sluggish demand.

  • *To launch 10 new India- made vehicles over next 5 years. NEW DELHI, July 29- General Motors Co will invest $1 billion in the next few years to turn operations in India into a new global export hub aimed at boosting sales in fast-growing emerging markets, top executives said on Wednesday. But by 2020 analysts expect India to become the world's third-largest passenger...

  • China auto sales slump hits industry fortunes Wednesday, 29 Jul 2015 | 4:09 AM ET

    BEIJING— General Motors Co.' s $5 billion initiative to create cars for China and other emerging markets comes just as automakers face a collapse in the booming Chinese demand they were counting on to power their growth. On Wednesday, Volkswagen AG said its second-quarter profit fell 16 percent due partly to weakness in China, where first-half sales fell 0.5...

  • LAHAINA, Hawaii, July 28- Pacific Rim trading partners might convene a top-level forum to discuss how to stop countries manipulating currencies for competitive advantage, Australian Trade Minister Andrew Robb said on Tuesday. Speaking on the sidelines of a meeting in Hawaii where ministers are negotiating a 12- nation trade deal, Robb said member countries...

  • DETROIT, July 28- Ford Motor Co's chief executive, Mark Fields, said on Tuesday he wants the company to act "like a startup" as it prepares for an evolution of the auto industry, after it posted second-quarter profit that handily beat expectations. Fields and Ford Chief Financial Officer Bob Shanks said the second half of 2015 will generate more than the $4.3 billion...

  • UPDATE 2-Ally Financial says has overcome GM deal loss Tuesday, 28 Jul 2015 | 11:16 AM ET

    July 28- Ally Financial Inc, the largest U.S. auto lender, reported a better-than-expected quarterly profit and record U.S. auto sales boosted lending, making up for a loss of an exclusive leasing deal with General Motors Co. Shares of Ally were up 4.8 percent at $22.59 in morning trading on the New York Stock Exchange. The company has been trying to boost its market...

  • Ford earnings top expectations Tuesday, 28 Jul 2015 | 9:14 AM ET
    An employee walks past a Ford logo at a Ford factory in Dagenham, England.

    Ford Motor delivered quarterly earnings that topped analysts' expectations on Tuesday, helped by continued strength of its North American sales.

  • US stocks seen higher, spotlight turns to Fed Tuesday, 28 Jul 2015 | 9:03 AM ET
    Federal Reserve Board Chair Janet Yellen testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee July 16, 2015 on Capitol Hill in Washington, DC.

    U.S. stocks were tipped to open higher on Tuesday, ahead of the start of the U.S. Federal Reserve's two-day meeting, a raft of earnings and data.

  • Early movers: F, PFE, MRK, DD, WYN, DHI & more Tuesday, 28 Jul 2015 | 8:36 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • DETROIT, July 28- Ford Motor Co on Tuesday reported second-quarter earnings that handily beat expectations, based on the continued strength of North American sales, led by its popular F-150 pickup truck. Operating profit totaled nearly $2.6 billion in North America, a company record for any quarter, and was linked to better pricing on new product launches, said...

  • Panda bear market

    U.S. stocks have some powerful negatives tugging at them, not the least of which are the Shanghai "panda bear" market and a global commodities rout.

  • Ford beats 2Q profit forecasts Tuesday, 28 Jul 2015 | 7:51 AM ET

    DEARBORN, Mich.— DEARBORN, Mich.— Ford Motor Co. on Tuesday reported second-quarter earnings of $1.89 billion. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share. Seven analysts surveyed by Zacks expected $35.93 billion.

  • Ford surprises in 2Q with record North American profit Tuesday, 28 Jul 2015 | 7:17 AM ET

    DEARBORN, Michigan— Ford Motor Co.' s net income jumped 44 percent to $1.9 billion in the second quarter as global sales rose and customers paid more for new trucks and SUVs with premium features. Ford pulled off a record quarterly profit of $2.6 billion in North America even though dealerships weren't fully stocked with its best-selling vehicle, the F-150...

  • DETROIT, July 28- Ford Motor Co second-quarter earnings widely beat Wall Street expectations, based on the continued strength of its North American sales. Ford maintained its full-year 2015 forecast of an operating profit of between $8.5 billion to $9.5 billion. Ford made a net profit of $1.89 billion, or $0.47 per share.

  • NEW YORK, July 27- Victims of apartheid in South Africa cannot pursue lawsuits seeking to hold Ford Motor Co and IBM Corp liable for conducting business that helped perpetuate the practice decades ago, a U.S. appeals court ruled on Monday. The 2nd U.S. Circuit Court of Appeals in New York said black South Africans did not show that Ford and International Business...

  • Ford, UPS likely to see earnings boost: Traders Monday, 27 Jul 2015 | 2:20 PM ET

    The "Halftime Report" traders give their trades on upcoming earnings.

  • NEW YORK, July 27- Victims of apartheid in South Africa cannot pursue lawsuits seeking to hold Ford Motor Co and IBM Corp liable for conducting business that helped perpetuate the practice decades ago, a federal appeals court ruled on Monday. The 2nd U.S. Circuit Court of Appeals in New York said black South Africans did not show that Ford and IBM engaged in enough...