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UPDATE 1-AutoNation stops selling cars with Takata air bags

2014-10-29 20:33:20| Auto Dealers - Topix.net

AutoNation Inc, the largest U.S. auto retail group, has stopped selling cars equipped with Takata Corp air bags involved in a massive global recall involving more than 16 million vehicles, Chief Executive Mike Jackson said on Tuesday. "We as a company have made the decision not to retail any vehicle that is involved in this recall until it is repaired and the vehicles that do come in for service, we are advising the customer not to put a passenger in front of that air bag until it's repaired," Jackson said in an interview with Reuters.

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US: largest auto retailer stops selling Takata-equipped cars

2014-10-29 12:41:56| Auto Dealers - Topix.net

AutoNation Inc, the biggest US auto retail group has decided to cease sales of cars that have been equipped with Takata-produced airbags, following NHTSA's notice that almost 8 million cars represent a safety hazard for the driver and passengers. The Japanese auto safety parts producer Takata has been involved in the second-largest recall scandal of the year - as airbags built by the company have been involved in a huge global recall that involves more than 16 million units from various brands.

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Eli Lilly and Stock Price Down 3.3% After Insider Selling

2014-10-29 01:26:22| Food - Topix.net

Eli Lilly and shares fell 3.3% during trading on Tuesday after an insider sold shares in the company, Analyst Ratings.Net reports. The stock traded as low as $63.74 and last traded at $63.99, with a volume of 4,641,929 shares changing hands.

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Eli Lilly and Stock Price Down 3.3% After Insider Selling

2014-10-29 01:01:14| Agriculture - Topix.net

Eli Lilly and shares fell 3.3% during trading on Tuesday after an insider sold shares in the company, Analyst Ratings.Net reports. The stock traded as low as $63.74 and last traded at $63.99, with a volume of 4,641,929 shares changing hands.

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Traders Sell FedEx on Strength After Insider Selling

2014-10-28 06:17:59| Air Courier - Topix.net

Traders sold shares of FedEx on strength during trading hours on Monday following insider selling activity, StockRatingsNetwork reports. $54.14 million flowed into the stock on the tick-up and $60.26 million flowed out of the stock on the tick-down, for a money net flow of $6.12 million out of the stock.

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