US House panel subpoenas JPMorgan, Bank of America CEOs over IPO of China’s CATL

By Kanishka Singh WASHINGTON (Reuters) -The U.S. House of Representatives Select Committee on China said on Thursday it sent subpoenas addressed to JPMorgan Chase CEO Jamie Dimon and Bank of America CEO Brian Moynihan over their banks’ roles in underwriting the initial public offering of Chinese battery manufacturer CATL. The U.S. government has alleged that… Continue reading US House panel subpoenas JPMorgan, Bank of America CEOs over IPO of China’s CATL

Magna (MGA) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Wall Street expects a year-over-year decline in earnings on lower revenues when Magna (MGA) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The… Continue reading Magna (MGA) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Lear: Q2 Earnings Snapshot

SOUTHFIELD, Mich. (AP) — SOUTHFIELD, Mich. (AP) — Lear Corp. (LEA) on Friday reported second-quarter net income of $165.2 million. On a per-share basis, the Southfield, Michigan-based company said it had profit of $3.06. Earnings, adjusted for one-time gains and costs, came to $3.47 per share. The results topped Wall Street expectations. The average estimate… Continue reading Lear: Q2 Earnings Snapshot

Lear (LEA) Q2 Earnings and Revenues Surpass Estimates

Lear (LEA) came out with quarterly earnings of $3.47 per share, beating the Zacks Consensus Estimate of $3.23 per share. This compares to earnings of $3.6 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.43%. A quarter ago, it was expected that this… Continue reading Lear (LEA) Q2 Earnings and Revenues Surpass Estimates

Stanley Black Gears Up to Report Q2 Earnings: What’s in Store?

Stanley Black & Decker, Inc. SWK is scheduled to release second-quarter 2025 results on July 29, before market open. The Zacks Consensus Estimate for this New Britain, CT-based tool maker’s second-quarter revenues is pegged at $3.99 billion, indicating a decline of 0.9% from the year-ago quarter. The consensus estimate for adjusted earnings is pinned at… Continue reading Stanley Black Gears Up to Report Q2 Earnings: What’s in Store?

Is Trending Stock Eaton Corporation, PLC (ETN) a Buy Now?

Eaton (ETN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock’s performance in the near term. Over the past month, shares of this power management company have returned +10.6%, compared to the Zacks S&P 500 composite’s +4.6%… Continue reading Is Trending Stock Eaton Corporation, PLC (ETN) a Buy Now?

Is Dana (DAN) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?

Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Dana (DAN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company’s year-to-date performance in comparison to… Continue reading Is Dana (DAN) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?

Mayville Engineering Company Elects Tania Wingfield to Board of Directors

MILWAUKEE, July 24, 2025–(BUSINESS WIRE)–Mayville Engineering Company (NYSE: MEC) (“MEC” or the “Company”), a leading U.S.-based provider of design, prototyping, and manufacturing solutions across diverse end markets, today announced the election of Tania Wingfield to its Board of Directors, effective immediately. Ms. Wingfield will serve on the Compensation Committee. The election brings the total number… Continue reading Mayville Engineering Company Elects Tania Wingfield to Board of Directors

Webcast Alert: BorgWarner 2025 Second Quarter Results Conference Call

AUBURN HILLS, Mich., July 24, 2025 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) announces the following Webcast: BorgWarner logo. (PRNewsfoto/BorgWarner) What:               BorgWarner 2025 Second Quarter Results Conference CallWhen:              July 31, 2025 @ 9:30am Eastern TimeWhere:             www.borgwarner.com/investors  How:                Live over the Internet — Simply log on to the web at the address… Continue reading Webcast Alert: BorgWarner 2025 Second Quarter Results Conference Call