Eaton Declares Quarterly Dividend Payable November 22, 2024

DUBLIN, October 22, 2024–(BUSINESS WIRE)–The Board of Directors of intelligent power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $0.94 per ordinary share. The dividend is payable November 22, 2024, to shareholders of record at the close of business on November 4, 2024. Eaton has paid dividends on its shares every year since… Continue reading Eaton Declares Quarterly Dividend Payable November 22, 2024

4 Industrial Stocks Set to Outshine Q3 Earnings Estimates

The third-quarter 2024 earnings season has just begun for the Zacks Industrial Products sector. The handful of companies that have released earnings so far have reported positive results. Till Oct. 16, 3.8% of the S&P 500 companies within the Industrial Products sector reported results, beating earnings and revenue estimates. However, persistent softness in the manufacturing… Continue reading 4 Industrial Stocks Set to Outshine Q3 Earnings Estimates

Eaton’s ROE Exceeds Industry at 21.45X: Time to Buy the Stock?

Eaton Corporation’s ETN trailing 12-month return on equity of 21.45% is better than the industry average of 10%. Return on equity, a profitability measure, reflects how effectively a company utilizes its shareholders’ funds to generate income. Organic growth and continued investment in research and development of new products are assisting the company in providing efficient… Continue reading Eaton’s ROE Exceeds Industry at 21.45X: Time to Buy the Stock?

Gabelli Funds to Host 48th Annual Automotive Symposium at The Encore at Wynn, Las Vegas, Nevada

GREENWICH, Conn., Oct. 22, 2024 (GLOBE NEWSWIRE) — Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand… Continue reading Gabelli Funds to Host 48th Annual Automotive Symposium at The Encore at Wynn, Las Vegas, Nevada

Dana Awarded Powertrain Product of the Year at Power Progress Summit 2024

MAUMEE, Ohio, Oct. 22, 2024 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced that it has earned the Powertrain Product of the Year Award for its Spicer™ eSP502 e-Transmission with Power Take-off (PTO) at the Power Progress Summit 2024 held in Chicago on Oct. 1-2. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) The award recognizes Dana’s commitment to… Continue reading Dana Awarded Powertrain Product of the Year at Power Progress Summit 2024

Autoliv Q3 Earnings Miss Expectations, Guidance Trimmed

Autoliv Inc. ALV reported third-quarter 2024 adjusted earnings of $1.84 per share, which missed the Zacks Consensus Estimate of $2 but rose 11% year over year. The company reported net sales of $2.56 billion in the quarter, which beat the Zacks Consensus Estimate of $2.54 million but fell 1.6% year over year. Stay up-to-date with… Continue reading Autoliv Q3 Earnings Miss Expectations, Guidance Trimmed

These Are the 5 Most Shorted Stocks in the S&P 500 Index. The Bears Are Wrong About 1 of Them.

Investors “short” stocks that they think will fall in price, profiting off the loss using a sometimes risky buying maneuver. With the S&P 500 now up more than 23% this year, some investors are eyeing individual names in the broader benchmark index that look overvalued and might be at risk of correction. These select investors… Continue reading These Are the 5 Most Shorted Stocks in the S&P 500 Index. The Bears Are Wrong About 1 of Them.

NIO, LI, or TSLA: Which EV Stock Has the Highest Upside Potential?

Electric vehicle makers are facing multiple headwinds, including slowing demand due to macro pressures, intense competition, and additional tariffs on imports by certain countries. Nonetheless, Wall Street is optimistic about certain EV stocks due to their resilient performance in a tough business backdrop and improving financials. We used TipRanks’ Stock Comparison Tool to place Nio… Continue reading NIO, LI, or TSLA: Which EV Stock Has the Highest Upside Potential?

Uncovering Opportunities: 3 Penny Stocks With Market Caps Over US$400M

As global markets continue to navigate a mix of economic signals, with the S&P 500 Index showing strength in utilities and real estate, smaller-cap indices like the Russell 2000 are capturing attention with their outperformance. In this context, penny stocks—often overlooked yet intriguing for their potential—remain relevant for investors seeking opportunities beyond traditional large-cap investments.… Continue reading Uncovering Opportunities: 3 Penny Stocks With Market Caps Over US$400M

Three Stocks That May Be Undervalued In October 2024

As global markets navigate a period of mixed economic signals, with the S&P 500 showing strength in utilities and real estate while energy stocks retreat, investors are keenly observing opportunities that might be undervalued amidst these fluctuations. With consumer spending strengthening yet industrial output weakening, identifying stocks that offer potential value becomes crucial for those… Continue reading Three Stocks That May Be Undervalued In October 2024