Diageo plc (ADR) (NYSE:DEO) was downgraded by stock analysts at Credit Suisse from an “outperform” rating to a “neutral” rating in a report issued on Tuesday, American Banking and Market News reports. Diageo plc (ADR) (NYSE:DEO) net profit margin is 44.50% and weekly performance is 3.22%. On last trading day company shares ended up $128.09. Analysts mean target price for the company is $145.35. Diageo plc (ADR) (NYSE:DEO) distance from 50-day simple moving average (SMA50) is 3.82%.
Daimler AG (USA) (OTCMKTS:DDAIF) the owner of Mercedes, and Volkswagen AG’s Audi have both vowed to take the global premium-car sales crown from BMW by the end of the decade. The three manufacturers are forecasting at least a fourth year of record vehicle sales for 2014 as demand revives in their home market of Europe. BMW, which took first place from Mercedes in 2005, plans annual group sales exceeding 2 million vehicles for the first time this year. Daimler AG (USA) (OTCMKTS:DDAIF) shares declined -0.68% in last trading session and ended the day on $90.63.
Volkswagen AG (OTCNKTS:VLKAY) sold $3.5 billion of bonds in its biggest dollar-denominated sale ever, according to data compiled by Bloomberg. Europe’s largest automaker issued debt in five parts, including $1.45 billion of 1.25 percent, three-year notes that yielded 47 basis points more than similar-maturity Treasuries, Bloomberg data show. Volkswagen AG (ADR) (OTCMKTS:VLKAY) shares moved down -0.09% in last trading session and was closed at $50.75, while trading in range of $50.21 – $50.85.
Tata Motors Limited (ADR) (NYSE:TTM) has bagged an order of 2000 passenger vehicles from SVLL Connect, a group company of Siddhi Vinayak Logistics. The 2000 cars to be delivered by Tata Motors spanning a year will be a mix of the Manza, Indigo eCS and the refreshed Aria that was launched recently. These vehicles will be used over inter-city routes. Tata Motors says a majority of the orders are for the Aria. Tata Motors Limited (ADR) (NYSE:TTM) ended the last trading day at $39.61. Company weekly volatility is calculated as 2.20% and price to cash ratio as 4.24.Tata Motors Limited (ADR) (NYSE:TTM) showed a positive weekly performance of 3.47%.
The 1.8L Ford Motor Company (NYSE:F) now provided are in relation to the additional van inventory of motors upgraded this year. The Cummins and Powerstroke builds popular with van and truck owners have received a similar reduction in price for all shipments. Ford Motor Company (NYSE:F) net profit margin is 4.40% and weekly performance is -0.76%. On last trading day company shares ended up $15.69. Analysts mean target price for the company is $18.27. Ford Motor Company (NYSE:F) distance from 50-day simple moving average (SMA50) is 0.26%.
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