Stephen Reitman

Ferrari NV (NYSE: RACE)'s improved fundamentals, new management and revised financial objectives led Societe Generale to apply higher multiples to its existing forecast for the sports car manufacturer Wednesday.  The Analyst Analyst Stephen Reitman upgraded Ferrari from Sell to Hold and...

Shares of Volkswagen AG (ADR) (OTC: VLKAY) plunged to new 52-week lows of $24.40 on Tuesday. Investors and traders continue reacting to the negative headlines that the company manipulated its emissions standards data. Volkswagen stated it will fully cooperate with regulators, as emissions under...