AKRON, Ohio, May 7, 2025 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) (“Goodyear” or the “Company”) has completed the previously announced sale of the Company’s rights to the Dunlop brand in Europe, North America and Oceania for consumer, commercial and other specialty tires, together with certain associated intellectual property and inventory, to Sumitomo Rubber Industries, Ltd… Continue reading Goodyear Completes Sale of Dunlop Brand
Author: Yarhow_Finance Online News
Tesla’s China Sales Slump Again: Is Investor Patience Wearing Thin?
Tesla’s TSLA grip on the world’s largest EV market is slipping. In April, the company sold just 58,459 vehicles in China, down nearly 6% from a year ago. The figure also reflected a steep 26% drop from March, according to data from the China Passenger Car Association. In the first four months of 2025, Tesla’s… Continue reading Tesla’s China Sales Slump Again: Is Investor Patience Wearing Thin?
3 No-Brainer Warren Buffett Stocks to Buy Right Now
The Oracle of Omaha may be on his way out of the stock-picking business, but he and his team still have got some ideas well worth considering. Warren Buffett may finally be ready to step down as CEO (and resident stock-picking guru) of Berkshire Hathaway. But that doesn’t mean you can’t still borrow a pick… Continue reading 3 No-Brainer Warren Buffett Stocks to Buy Right Now
Lear Corp (LEA) Q1 2025 Earnings Call Highlights: Record New Business Awards Amidst Challenging …
Revenue: $5.6 billion in the first quarter. Core Operating Earnings: $270 million. Operating Margin: Improved to 4.9%. Adjusted Earnings Per Share: $3.12. Operating Cash Flow: Use of $128 million. Seating Segment Sales: $4.2 billion, a decrease of 7% from 2024. E-Systems Segment Sales: $1.4 billion, a decrease of 7% from 2024. Seating Segment Operating Margin:… Continue reading Lear Corp (LEA) Q1 2025 Earnings Call Highlights: Record New Business Awards Amidst Challenging …
Q1 2025 Lear Corp Earnings Call
Jason Cardew Thanks, Ray. Slide 10 shows vehicle production and key exchange rates for the first quarter.Global production increased 1% compared to the same period last year, slightly better than expected due to higher production in all regions, but still down 5% on a sales weighted basis, driven by lower year over year production in… Continue reading Q1 2025 Lear Corp Earnings Call
Zacks Industry Outlook Highlights Eaton, Emerson Electric, EnerSys and Powell Industries
Chicago, IL – May 7, 2025 – Today, Zacks Equity Research discusses Eaton Corp. plc ETN, Emerson Electric Co. EMR, EnerSys ENS and Powell Industries, Inc. POWL. Link: https://www.zacks.com/commentary/2462805/4-manufacturing-electronics-stocks-to-watch-on-robust-industry-trends The Zacks Manufacturing – Electronics industry stands to benefit from steady demand across the electronic services end market, increasing adoption of advanced manufacturing technologies and product… Continue reading Zacks Industry Outlook Highlights Eaton, Emerson Electric, EnerSys and Powell Industries
BorgWarner expands dual-clutch programmes in China
The firm has obtained a seven-year renewal for its DCT clutch assembly from a German carmaker in China. Credit: BorgWarner. BorgWarner has announced two new contracts, reinforcing its presence in China’s dual-clutch transmission (DCT) market. The company has secured a seven-year extension for its DCT clutch assembly with a German automotive manufacturer operating in China.… Continue reading BorgWarner expands dual-clutch programmes in China
BorgWarner (BWA) Reports Q1 Earnings: What Key Metrics Have to Say
BorgWarner (BWA) reported $3.52 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 2.2%. EPS of $1.11 for the same period compares to $1.03 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $3.39 billion, representing a surprise of +3.56%. The company delivered an EPS surprise… Continue reading BorgWarner (BWA) Reports Q1 Earnings: What Key Metrics Have to Say
BorgWarner Q1 Earnings Surpass Expectations, Guidance Revised
BorgWarner BWA reported adjusted earnings of $1.11 per share for the first quarter of 2025, which surpassed the Zacks Consensus Estimate of 98 cents and increased from $1.03 recorded in the prior-year quarter. Better-than-expected adjusted operating income from the Turbos & Thermal Technologies unit drove the outperformance. The automotive equipment supplier reported net sales of… Continue reading BorgWarner Q1 Earnings Surpass Expectations, Guidance Revised
Rivian Q1 Earnings Surpass Expectations, Revenues Rise Y/Y
Rivian Automotive RIVN reported a first-quarter 2025 loss of 41 cents per share, narrower than the Zacks Consensus Estimate of a loss of 80 cents per share, as well as the year-ago period’s loss of $1.19. Revenues of $1.24 billion beat the Zacks Consensus Estimate of $1.02 billion and increased 3% on a year-over-year basis,… Continue reading Rivian Q1 Earnings Surpass Expectations, Revenues Rise Y/Y