Thomas Kowal runs a small company that imports materials from Mexico to make center consoles, spare-tire carriers and other truck and van parts. Executives crunched numbers on the cost of switching to a few U.S.-based suppliers. A 25% tariff on goods from Mexico “would be absolutely devastating to our business,” said Kowal, chief executive of… Continue reading Tariff Threat Prompts Automakers to Find New Suppliers, Consider Higher Prices
Author: Yarhow_Finance Online News
NIO Inc. Provides January 2025 Delivery Update
13,863 vehicles were delivered in January 2025, increasing by 37.9% year-over-year Cumulative deliveries reached 685,427 as of January 31, 2025 SHANGHAI, China, Feb. 01, 2025 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced… Continue reading NIO Inc. Provides January 2025 Delivery Update
Analysts Estimate Lear (LEA) to Report a Decline in Earnings: What to Look Out for
Wall Street expects a year-over-year decline in earnings on lower revenues when Lear (LEA) reports results for the quarter ended December 2024. 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 Analysts Estimate Lear (LEA) to Report a Decline in Earnings: What to Look Out for
Eaton sees 2025 profit above estimates on AI-led data center demand
(Reuters) – Eaton Corporation on Friday forecast 2025 adjusted profit above Wall Street estimates, expecting demand for electrical equipment to remain strong due to an artificial intelligence-related data center boom. Global appetite for data centers has increased as companies race to develop and adopt artificial intelligence, benefiting electrical equipment makers like Eaton. Shares of the… Continue reading Eaton sees 2025 profit above estimates on AI-led data center demand
Eaton: Q4 Earnings Snapshot
DUBLIN (AP) — DUBLIN (AP) — Eaton Corp. PLC (ETN) on Friday reported fourth-quarter net income of $971 million. On a per-share basis, the Dublin-based company said it had profit of $2.45. Earnings, adjusted for amortization costs and restructuring costs, were $2.83 per share. The results beat Wall Street expectations. The average estimate of 10… Continue reading Eaton: Q4 Earnings Snapshot
Eaton Reports Record Fourth Quarter 2024 Results, with Strong Orders and Backlog Growth, and Issues Guidance on 2025 Outlook
DUBLIN, January 31, 2025–(BUSINESS WIRE)–Intelligent power management company Eaton Corporation plc (NYSE:ETN) today announced that fourth quarter 2024 earnings per share were $2.45, a fourth quarter record and up 4% over the fourth quarter of 2023. Excluding charges of $0.22 per share related to intangible amortization, $0.14 per share related to a multi-year restructuring program,… Continue reading Eaton Reports Record Fourth Quarter 2024 Results, with Strong Orders and Backlog Growth, and Issues Guidance on 2025 Outlook
Denso eyes price negotiations, not panic, against Trump’s tariffs
By Daniel Leussink TOKYO (Reuters) – The world’s second-largest car parts maker is not unduly worried about U.S. President Donald Trump’s looming tariffs on Mexico and Canada, and may seek to manage increased costs by raising prices, a top executive at Japan’s Denso said on Friday. Yasushi Matsui, the Toyota Motor supplier’s financial officer, provided… Continue reading Denso eyes price negotiations, not panic, against Trump’s tariffs
Is BorgWarner (BWA) the Undervalued Cyclical Stock to Buy Right Now?
We recently published a list of 12 Undervalued Cyclical Stocks to Buy Right Now. In this article, we are going to take a look at where BorgWarner Inc. (NYSE:BWA) stands against other undervalued cyclical stocks to buy right now. On December 14, Brooke Roach, analyst at Goldman Sachs joined CNBC for an interview to discuss… Continue reading Is BorgWarner (BWA) the Undervalued Cyclical Stock to Buy Right Now?
Webcast Alert: BorgWarner 2024 Fourth Quarter & Full Year Results Conference Call
AUBURN HILLS, Mich., Jan. 30, 2025 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) announces the following Webcast: BorgWarner logo. (PRNewsfoto/BorgWarner) What: BorgWarner 2024 Fourth Quarter & Full Year Results Conference Call When: February 6, 2025 @ 9:30am Eastern Time Where: www.borgwarner.com/investors How: Live over the Internet — Simply log on to the web at the address… Continue reading Webcast Alert: BorgWarner 2024 Fourth Quarter & Full Year Results Conference Call
Will BorgWarner (BWA) Beat Estimates Again in Its Next Earnings Report?
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering BorgWarner (BWA), which belongs to the Zacks Automotive – Original Equipment industry. This auto parts supplier has seen a nice streak of beating earnings estimates, especially when looking at the previous… Continue reading Will BorgWarner (BWA) Beat Estimates Again in Its Next Earnings Report?