Nio said its adjusted operating profit finally turned positive in the fourth quarter, and shares are up accordingly. Shares of Chinese electric-vehicle maker Nio (NIO +7.55%) were trading higher on Friday after the company announced that it expects to report an adjusted operating profit for the fourth quarter — its first-ever profit on that basis.… Continue reading Nio’s Stock is Surging After the Good Kind of “Profit Alert”
Author: Yarhow_Finance Online News
Canada pursuing Chinese-Canadian EV plant for global exports, says Joly
Investing.com — Canada is actively pursuing a Chinese-Canadian auto plant that would produce electric vehicles for global export, Industry Minister Mélanie Joly revealed Friday. Joly suggested Canadian auto parts companies like Magna International Inc., Linamar Corp. and Martinrea International Inc., which already operate in China, could join forces with Chinese EV manufacturers in a joint-venture… Continue reading Canada pursuing Chinese-Canadian EV plant for global exports, says Joly
Boyd Gaming Q4 Earnings & Revenues Beat Estimates, Increase Y/Y
Boyd Gaming Corporation BYD reported fourth-quarter 2025 results, with earnings and revenues surpassing the Zacks Consensus Estimate. The company’s top and bottom lines increased year over year. Boyd Gaming reported solid performance in 2025, backed by strong engagement from core customers and a continued emphasis on operational discipline. Customer offerings and portfolio growth potential were… Continue reading Boyd Gaming Q4 Earnings & Revenues Beat Estimates, Increase Y/Y
Scotiabank Raises Magna (MGA) PT to $57 Amid 2026 Tariff Concerns
Magna International Inc. (NYSE:MGA) is one of the most undervalued Canadian stocks to buy according to hedge funds. On January 27, Scotiabank analyst Jonathan Goldman raised the price target for Magna to $57 from $52 while maintaining a Sector Perform rating. The firm observed that increased vehicle production costs resulting from tariffs may soon be… Continue reading Scotiabank Raises Magna (MGA) PT to $57 Amid 2026 Tariff Concerns
Magna (MGA) Reports Next Week: Wall Street Expects Earnings Growth
Wall Street expects a year-over-year increase in earnings on lower revenues when Magna (MGA) reports results for the quarter ended December 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) Reports Next Week: Wall Street Expects Earnings Growth
Forgent Power Ends First Trading Day Up on Data- Center Demand
The showing was notable as investors grow more selective about where they place bets related to artificial intelligence. Go to Source
Analyst Estimates: Here’s What Brokers Think Of Eaton Corporation plc (NYSE:ETN) After Its Annual Report
It’s been a good week for Eaton Corporation plc (NYSE:ETN) shareholders, because the company has just released its latest full-year results, and the shares gained 5.1% to US$365. Eaton reported in line with analyst predictions, delivering revenues of US$27b and statutory earnings per share of US$10.45, suggesting the business is executing well and in line… Continue reading Analyst Estimates: Here’s What Brokers Think Of Eaton Corporation plc (NYSE:ETN) After Its Annual Report
Magna (MGA) Reports Next Week: Wall Street Expects Earnings Growth
Wall Street expects a year-over-year increase in earnings on lower revenues when Magna (MGA) reports results for the quarter ended December 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) Reports Next Week: Wall Street Expects Earnings Growth
Strattec Security (STRT) Q2 Earnings and Revenues Top Estimates
Strattec Security (STRT) came out with quarterly earnings of $1.71 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +83.87%. A quarter ago, it was expected that… Continue reading Strattec Security (STRT) Q2 Earnings and Revenues Top Estimates
AISIN to spend Y32bn on two Indian plants for transmission production
In March 2025, AISIN started manufacturing eAxles for electric vehicles. Credit: AISIN CORPORATION AISIN Corporation will invest about Y32bn ($203.8m) to expand transmission production in India through a plant enlargement in Haryana and a new facility in Maharashtra. The Japanese automotive supplier said the funds will be channelled through its Indian unit, AISIN AUTOMOTIVE HARYANA… Continue reading AISIN to spend Y32bn on two Indian plants for transmission production