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Monday 28 September 2015
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News Buzz - Delphi Automotive PLC (NYSE:DLPH), TASER International, Inc. (NASDAQ:TASR), CarMax, Inc (NYSE:KMX), Comerica Incorporated (NYSE:CMA)

On Thursday, Delphi Automotive PLC (NYSE:DLPH)’s shares declined -1.65% to $72.88.

Delphi Automotive will release its third quarter 2015 financial results on Oct. 29 and will hold an investor call the same day at 8:30 a.m. (ET). The call will be hosted by Delphi’s President and Chief Executive Officer, Kevin Clark, and Chief Financial Officer, Mark Murphy.

Delphi Automotive PLC is a vehicle components manufacturer. The Company provides electrical and electronic, powertrain and safety solutions to the automotive and commercial vehicle markets. The Company operates through three segments: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety.

TASER International, Inc. (NASDAQ:TASR)’s shares gained 3.58% to $24.04.

TASER International, declared receipt of an order for 2000 Axon Flex body cameras equipped with Axon Signal technology and a five-year subscription to Evidence.com by the Memphis Police Department. This order was received in the third quarter of 2015 and is predictable to ship in the third and fourth quarter of 2015.

TASER International, Inc. is engaged in development, manufacture and sale of conducted electrical weapons (CEW) designed for use in law enforcement, military, corrections, private security and personal defense.

At the end of Thursday’s trade, CarMax, Inc (NYSE:KMX)‘s shares dipped -0.42% to $59.07.

CarMax declared a new partnership with the Minnesota Golden Gophers. As part of the multi-year sponsorship agreement through Learfield Sports’ Gopher Sports Properties, CarMax is now the official used car retailer of the team. CarMax will receive extensive branding within TCF Bank Stadium and the surrounding footprint, in addition to media, digital and social elements throughout the football and basketball seasons.

The Bright Side of Game Day will give fans the chance to win VIP packages to home games by sharing via Instagram how they are enjoying the Bright Side of Game Day using the #GophersBrightSide. The promotion will also come to life through a fireworks display, a first for the Gophers, following a home game this season. Additionally, CarMax will partner with the Gophers on their Military Appreciation Day on Saturday, Oct. 17 to honor local members of the military.

CarMax, Inc. (CarMax) is a holding company engaged in providing used vehicles and related products and services. The Company operates through two business segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Company’s CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF.

Comerica Incorporated (NYSE:CMA), ended its Thursday’s trading session with 0.10% gain, and closed at $40.81.

Comerica Incorporated - While economic predictions are not hard to come by, the credibility and reputation of the nation’s top economists are built on the accuracy of their commentary and modeling. Robert A. Dye, senior vice president and chief economist at Comerica Bank, has had the most accurate U.S. economic forecasts among the nation’s top economists for the years 2011 to 2014. Accordingly, he will be honored Oct. 14 at a ceremony at the University Club in New York with the prestigious Lawrence R. Klein Award for his achievements.

Dye beat out about 50 competitors for this year’s award which is sponsored and judged by the W. P. Carey School of Business at Arizona State University.

Dye will deliver his 2016 forecast, “The Transitional Economy: Crosscurrents and Volatility,” at the invitation-only event, which will comprise the following predictions:

  • The U.S. economy is transitioning through its mid-cycle phase buffeted by global events
  • A moderate GDP expansion continues through 2016, fueled by a strengthening consumer sector and raised government spending
  • The U.S. unemployment rate will fall below five percent by early 2016, averaging 4.6 percent for 2016
  • Housing markets continue to firm up, driven by gains in new and existing home sales and raised residential construction
  • Headwinds for U.S. manufacturing will improvement through 2016 because of the strong dollar and reduced demand from the energy sector
  • Oil prices will stay low, assisting U.S. consumers, but weighing on the economies of oil producing areas.

Comerica Incorporated is a financial services company. The Company’s principal activity is lending to and accepting deposits from businesses and individuals. It operates in three business segments: the Business Bank, the Retail Bank and Wealth Management. In addition, it also operates in the Finance segment.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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