Tata Motors Limited (ADR) (NYSE:TTM), will supply 2,000 cars to Siddhivinayak Logistics Limited (SVLL) starting this month. The ordered cars are of Aria, Manza and Indigo eCS types. The cars have not sold well in recent years. SVLL is a transport company that provides inter-state connections and the passenger cars ordered from Tata will boost its fleet. At the same time, the bulk order comes as a booster dose for Tata Motors Limited (ADR) (NYSE:TTM) that has had little joy in its sales in recent years. Tata Motors Limited (ADR) (NYSE:TTM), net profit margin is 5.10% and weekly performance is 0.05%. On last trading day company shares ended up $40.70. Analysts mean target price for the company is $34.65. Tata Motors Limited (ADR) (NYSE:TTM), distance from 50-day simple moving average (SMA50) is 10.35%.
Now, according to the newly revealed five-year business plan laid out by chief executive Sergio Marchionne, the recently merged Fiat S.p.A. (ADR) (OTCMKTS:FIATY), will relegate the Lancia brand to a single model presence in the home region of Italy. Fiat S.p.A. (ADR) (OTCMKTS:FIATY), advanced 0.90% in last trading session and ended the day on $10.12.
SUZUKI MOTOR CORP (OTCMKTS:SZKMY), is recalling more than 184,000 small cars in the US because the steering columns can catch fire. SUZUKI MOTOR CORP (OTCMKTS:SZKMY), shares moved up 1.40% in last trading session and was closed at $117.50, while trading in range of $ 117.50 – $118.00.
On May 07, 2014, Daimler AG (USA) (OTCMKTS:DDAIF), has evacuated its Mercedes-Benz plant in Hungary and suspended production after a bomb threat received on Wednesday, a company spokesman said. Daimler AG (USA) (OTCMKTS:DDAIF), ended the last trading day at $92.69.
Comcast Corporation (NASDAQ:CMCSA), is a big winner in the recent AT&T Inc. (NYSE:T) and DIRECTV (NASDAQ:DTV) Deal in which AT&T acquired DirecTV. According to UBS, now the competitive intensity will be lowered among US pay-TV providers. Comcast Corporation (NASDAQ:CMCSA), net profit margin is 10.90% and weekly performance is 3.55%. On last trading day company shares ended up $51.97. Analysts mean target price for the company is $60.77. Comcast Corporation (NASDAQ:CMCSA), distance from 50-day simple moving average (SMA50) is 3.24%.