This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Nissan Revives Datsun Brand: Hot Trends

NEW YORK ( TheStreet) -- Popular searches on the Internet include Nissan (CAT - Get Report) as the carmaker announced the revival of its Datsun brand but not for developed markets.

Nissan said it will instead focus on emerging nations where the most growth for affordable, stylish vehicles is expected. Beginning in 2014, nations like India, Indonesia and Russia will receive the Datsun brand, though the specific offerings will be customized for each market. Two models will go on sale within the first year in the three nations, with an increased variety of vehicles available within three years. The new vehicles will be entry-level cars.

The Datsun brand is being revived three decades after it was retired. It debuted in Japan in 1932 and in America more than 50 years ago.






Caterpillar (CAT - Get Report) is also trending after announcing plans to expand production in China.

The world's biggest heavy machinery maker said it would increase hydraulic excavator production by 80% in the country and open a new facility in 2016. The company also has plans to begin production of wheeled excavators at Caterpillar Xuzhou Ltd (CXL). Caterpillar calls CXL its manufacturing flagship in China. It has 17 facilities in the country, with nine more being built.

China is a key factor in Caterpillar's expectations for record sales and profit this year. The company said it has a growing customer base in China, which is fueling its expansion plans.






Saudi Arabia is a popular topic on reports there may be Saudi women competing ithe Olympics for the first time at the London Games.

A Saudi Arabian newspaper said that Crown Prince Nayef has approved plans for the country to send female athletes to the Games. The heir to the current king has reportedly given approval that women will be able to participate in sports that "meet the standards of women's decency and don't contradict Islamic laws." The conservative Muslim country has never included women on its Olympic teams; neither have Qatar and Brunei.






The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move.

-- Written by Brittany Umar.

Brittany joined TheStreet.com TV in November 2006 after completing a degree in Journalism and Media Studies at Rutgers College. Previously, Brittany interned at the local ABC affiliate in New York City WABC-TV 7 where she helped research and produce On Your Side, a popular consumer advocacy segment.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
NSANY $21.40 0.00%
CAT $84.60 0.00%
AAPL $130.28 0.00%
FB $81.53 0.00%
GOOG $565.06 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs