Renault

Japanese prosecutors arrested Renault-Nissan-Mitsubishi Chairman Carlos Ghosn on suspected violation of trading law Monday morning. Renault SA (OTC: RNSDF) plummeted on the report, and Nissan Motor Co Ltd (OTC: NSANY) fell marginally. Nissan soon denounced Ghosn for committing years of...

Baird Equity Research advised investors of Methode Electronics Inc. (NYSE: MEI) to buy the stock on pull backs citing that the growth pace would accelerate. The comments come on the heels of the company reporting its earnings beat while reaffirming its EPS forecast for the fiscal year 2017....

On Tuesday, German carmaker Volkswagen AG (ADR)(OTC: VLKAY) reported lackluster results, as the company continued to struggle with last year's emissions scandal. U.S. sales fell 14.6 percent, and almost all of the company's car models saw year-over-year sales decline. However, although the diesel...

Dominic O'Brien of Exane BNP Paribas commented in a note that "the stars may finally be aligning" for a full merger of RENAULT SA REGIE NAT (OTC: RNSDF) and Nissan Motor Co Ltd (ADR) (OTC: NSANY). O'Brien noted that reports from media sources suggest the French government...

In a historic move, the U.S. and its European Union partners reached an accord to ease restrictions of cars, petrochemicals, aviation parts, gold and insurance for oil cargoes with Iran. In exchange, Iran will terminate some of its work on uranium enrichment for six months. Prior to the agreement...