Author: Yarhow_Finance Online News

Magna Debuts Scalable, Eco-Friendly ICE to Hybrid Transmission for European OEM

First high-volume contract award for new product supports various vehicle models globally with ICE transmissions New modular Dual Clutch Transmission enables seamless hybrid transition on the same vehicle platform with minor changes Efficient and compact design with optimized torque-to-weight ratio results in lower CO² emissions, contributing to a cleaner future AURORA, Ontario, Oct. 29, 2024… Continue reading Magna Debuts Scalable, Eco-Friendly ICE to Hybrid Transmission for European OEM

Lear Shares Shrink 4% Since Q3 Earnings Beat Expectations

Shares of Lear Corp. LEA fell 4% since it reported its third-quarter 2024 results. The company reported adjusted earnings per share of $2.89, which increased from $2.87 recorded in the year-ago quarter and beat the Zacks Consensus Estimate of $2.57. In the reported quarter, revenues decreased 3% year over year to $5.58 billion but surpassed… Continue reading Lear Shares Shrink 4% Since Q3 Earnings Beat Expectations

BorgWarner Awarded on Forbes World’s Top Companies for Women 2024 List

AUBURN HILLS, Mich., Oct. 29, 2024 /PRNewswire/ — BorgWarner has been awarded on the Forbes list of the World’s Top Companies for Women 2024. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The awards list was announced on October 29th, 2024, and can currently be viewed… Continue reading BorgWarner Awarded on Forbes World’s Top Companies for Women 2024 List

Adient (NYSE:ADNT) investors are sitting on a loss of 51% if they invested three years ago

If you are building a properly diversified stock portfolio, the chances are some of your picks will perform badly. But the long term shareholders of Adient plc (NYSE:ADNT) have had an unfortunate run in the last three years. Sadly for them, the share price is down 51% in that time. And over the last year… Continue reading Adient (NYSE:ADNT) investors are sitting on a loss of 51% if they invested three years ago

Adient plc (ADNT): Oversold Small Cap Stock with Strong OEM Partnerships

We recently published a list of 10 Oversold Small Cap Stocks to Buy Right Now. In this article, we are going to take a look at where Adient plc (NYSE:ADNT) stands against other oversold small cap stocks to buy right now. Market experts believe that the rally in the small-cap stocks might be just getting started. Data… Continue reading Adient plc (ADNT): Oversold Small Cap Stock with Strong OEM Partnerships

Nio upgraded from Neutral to Outperform by Macquarie

Macquarie has upgraded Nio (NIO) from Neutral to Outperform, believing the company’s fourth quarter guidance will come in better than expected. Market Domination Hosts Josh Schafer and Josh Lipton report more on the call and discuss how the potential development of a low-cost EV model could drive the Chinese EV stock higher. To watch more… Continue reading Nio upgraded from Neutral to Outperform by Macquarie

Why Nio Stock Surged Higher Monday

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NIO Stock Soars Over 12% Today: Massive Gains Fuel Hopes for an EV Comeback

Macquarie analyst Eugene Hsiao has upgraded NIO’s (NYSE:NIO) stock to Outperform, setting a price target of $6.60a clear signal of confidence in NIO’s growth strategy. This has driven a 12.3% surge in its share price today. Hsiao emphasizes that NIO’s new Onvo L60 model, launched to rival Tesla’s Model Y, and the soon-to-be-released Firefly brand… Continue reading NIO Stock Soars Over 12% Today: Massive Gains Fuel Hopes for an EV Comeback

China Stocks Keep Rising; Will They Overcome U.S. Election Risk And Uncertain China Economy?

Amid a good start for the week by U.S. stocks, more than a handful of China stocks enjoyed even stronger performance. Amid an extremely close battle for the White House between former President Donald Trump and current Vice President Kamala Harris, investors should not ignore risks that a stricter, more isolationist U.S. trade policy in… Continue reading China Stocks Keep Rising; Will They Overcome U.S. Election Risk And Uncertain China Economy?