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Fiat Chrysler stock drops after convertible bond introduction


The stock of the Fiat Chrysler Automobiles company had a rapid descent yesterday, mainly due to investors divesting the shares after they purchased a $2.5 billion bond that converted into additional shares. The analysts point out the move to issue the $2.5 billion convertible bond is just the start of the strategy the company wants to use to lower its considerable ...
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US: Fiat Chrysler starts investor meetings after initiating bond, share offers
Fiat Chrysler Automobiles (FCA), the seventh-largest automaker in the world, skipped the usual investor tour that was traditional before launching its share listing on the NYSE – but they are ...
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Robert Gerber, the New York bankruptcy judge that has guided General Motors through its 2009 government sponsored bankruptcy process and is now involved in the fallout of the company’s ignition ...
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Ebola-positive New York doctor hitched a ride with Uber
A New York City doctor, 33-year old Craig Spencer has been tested positive for Ebola after returning from work in West Africa and on his return home he was taken ...
Italy: FCA starts trading in Milan with shares up 2.7%
The world’s seventh-largest automaker, recently merged Fiat Chrysler Automobiles, had strong debut in Europe when shares of the new company became available for the first time on Monday on the ...
FCA could see massive share trading after initial listing
According to a forecast made by Reuters, the recently merged Fiat Chrysler Automobiles could trade in shares worth almost $830 million after starting New York trading on Monday, to secure ...
Fiat Chrysler Automobiles to become official on October 12
With all conditions for the merger finally met, Fiat SpA announced it would be incorporated together with its wholly-owned subsidiary Chrysler Group LLC into the Dutch-registered FCA this Sunday. After first ...
CEO Marchionne confident on FCA’s New York listing
Fiat Chrysler Automobiles is nearing its historic listing on the New York Stock Exchange and the chief executive of the newly merged group is confident the shares would mostly trade ...

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