Magna International Inc. AURORA, Ontario, May 08, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2025 annual and special meeting of shareholders held on May 8, 2025. A total of 221,621,186 Common Shares or 78.66% of our issued and outstanding Common Shares were represented in person… Continue reading Magna Announces 2025 Annual & Special Meeting Results
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Linamar First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag
Revenue: CA$2.53b (down 7.0% from 1Q 2024). Net income: CA$177.7m (flat on 1Q 2024). Profit margin: 7.0% (up from 6.6% in 1Q 2024). EPS: CA$2.94. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. TSX:LNR Earnings and Revenue History May 9th 2025 All figures shown in the… Continue reading Linamar First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag
HELLA GmbH & Co KGaA (HLLGY) Q1 2025 Earnings Call Highlights: Navigating Growth and …
Release Date: May 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. HELLA GmbH & Co KGaA (HLLGY) reported stable sales of around 2 billion euros, aligning with internal expectations. The electronics segment showed strong growth with an 8.9% increase, driven by the radar business, outperforming… Continue reading HELLA GmbH & Co KGaA (HLLGY) Q1 2025 Earnings Call Highlights: Navigating Growth and …
Eaton Announces $18.5M Expansion of Orchard Park, New York Aerospace Manufacturing Facility
Eaton’s Orchard Park facility will add 50,000 sq. ft. and 77 new jobs. Currently, the site employs more than 450 people and manufactures oxygen, actuation and other mission-ready technologies. BUFFALO, N.Y., May 08, 2025–(BUSINESS WIRE)–Intelligent power management company Eaton today announced the expansion of its Orchard Park, N.Y., facility to support growing demand for the… Continue reading Eaton Announces $18.5M Expansion of Orchard Park, New York Aerospace Manufacturing Facility
Here’s Why You Should Offload BorgWarner Stock From Your Portfolio
BorgWarner Inc. BWA, a global leader in clean and efficient technology solutions required for combustion, hybrid and electric vehicles, is facing headwinds from higher tariffs and rising SG&A expenses. Let’s see why you should offload this Zacks Rank #4 (Sell) stock from your portfolio. The company has slashed guidance for adjusted operating margin due to… Continue reading Here’s Why You Should Offload BorgWarner Stock From Your Portfolio
New CEO of Fortune 500 auto parts supplier BorgWarner just pulled the plug on its once-promising EV charging business
In office since February, Joe Fadool unwinds one of his predecessor’s strategic bets, arguing BorgWarner cannot scale the business under the current conditions in order to meet its minimum 15% ROIC target. Closing down the operations this quarter will save it a projected $45 million in cumulative operating losses across this year and next. BorgWarner’s… Continue reading New CEO of Fortune 500 auto parts supplier BorgWarner just pulled the plug on its once-promising EV charging business
Autoliv Announces Results of 2025 Annual Stockholders Meeting
DETROIT, May 9, 2025 /PRNewswire/ — Autoliv, Inc., (NYSE: ALV) (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced the results of its annual general meeting of stockholders held on May 8, 2025. Annual General Meeting of Stockholders The Company’s 2025 Annual General Meeting of Stockholders (AGM) voted for approval of the following proposals: The election of Mikael Bratt, Laurie Brlas, Jan Carlson, Leif Johansson, Adriana… Continue reading Autoliv Announces Results of 2025 Annual Stockholders Meeting
Aptiv’s (NYSE:APTV) Soft Earnings Are Actually Better Than They Appear
The market for Aptiv PLC’s (NYSE:APTV) shares didn’t move much after it posted weak earnings recently. We think that the softer headline numbers might be getting counterbalanced by some positive underlying factors. Trump has pledged to “unleash” American oil and gas and these 15 US stocks have developments that are poised to benefit. NYSE:APTV Earnings… Continue reading Aptiv’s (NYSE:APTV) Soft Earnings Are Actually Better Than They Appear
Here’s Why You Should Retain Adient Stock in Your Portfolio Now
Adient plc ADNT, one of the world’s largest automotive seating suppliers, is likely to gain from its diverse customer base and international presence, as well as frequent business wins amid higher European restructuring costs and uncertainty in the timing of year-end customer recoveries. Let’s see why you should retain this Zacks Rank #3 (Hold)… Continue reading Here’s Why You Should Retain Adient Stock in Your Portfolio Now
Goodyear Tire & Rubber First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag
Revenue: US$4.25b (down 6.3% from 1Q 2024). Net income: US$115.0m (up from US$57.0m loss in 1Q 2024). Profit margin: 2.7% (up from net loss in 1Q 2024). EPS: US$0.40 (up from US$0.20 loss in 1Q 2024). Our free stock report includes 2 warning signs investors should be aware of before investing in Goodyear Tire &… Continue reading Goodyear Tire & Rubber First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag