Author: Yarhow_Finance Online News

Edited Transcript of ALV earnings conference call or presentation 17-Jul-20 12:00pm GMT

Q2 2020 Autoliv Inc Earnings Call Stockholm Jul 17, 2020 (Thomson StreetEvents) — Edited Transcript of Autoliv Inc earnings conference call or presentation Friday, July 17, 2020 at 12:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Anders Trapp Autoliv, Inc. – VP of IR * Fredrik Westin Autoliv, Inc. – CFO &… Continue reading Edited Transcript of ALV earnings conference call or presentation 17-Jul-20 12:00pm GMT

Recap: Autoliv Q2 Earnings

Shares of Autoliv (NYSE:ALV) fell 1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 201.45% year over year to ($1.40), which missed the estimate of ($0.85). Revenue of $1,048,000,000 decreased by 51.37% year over year, which missed the estimate of $1,060,000,000. Looking Ahead Earnings guidance hasn’t been issued… Continue reading Recap: Autoliv Q2 Earnings

Autoliv: Financial Report April – June 2020

STOCKHOLM, July 17, 2020 /PRNewswire/ — (NYSE: ALV) and (SSE: ALIV.Sdb) Q2 2020: Adapting to weak but improving LVP  Financial highlights Q2 2020 $1,048m net sales48% organic sales decline*(22.3)% operating margin(16.4)% adjusted operating margin*$(2.00) EPS – a decrease of $3.25$(1.40) adjusted EPS* – a decrease of $2.78 Full year 2020 indicationsNo indications will be provided until… Continue reading Autoliv: Financial Report April – June 2020

Chinese EV Manufacturer Li Auto Files For Nasdaq Listing

Following in the footsteps of domestic peer Nio Inc – ADR (NYSE: NIO), another Chinese electric vehicle maker is planning to test the IPO waters in the U.S. Nio, which went public in September 2018, rallied to a record high last week. Li Auto Nasdaq-Bound: Li Auto has filed a preliminary prospectus with the SEC for listing its… Continue reading Chinese EV Manufacturer Li Auto Files For Nasdaq Listing

Delphi Technologies PLC — Moody’s announces completion of a periodic review of ratings of Delphi Technologies PLC

Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of Delphi Technologies PLC Global Credit Research – 10 Jul 2020 New York, July 10, 2020 — Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Delphi Technologies PLC and other ratings that are associated with the same… Continue reading Delphi Technologies PLC — Moody’s announces completion of a periodic review of ratings of Delphi Technologies PLC

Linamar Corporation Provides Q2 Update on External Market Conditions

GUELPH, ON , July 10, 2020 /CNW/ – Linamar Corporation (LNR.TO) today released commentary regarding the recovery following the Q2 COVID-19 related shutdowns and outlined the latest available updated industry conditions in the key Access, Agriculture and Automotive markets in which it operates.  Linamar Corporation Logo (CNW Group/Linamar Corporation) More A presentation deck highlighting the these… Continue reading Linamar Corporation Provides Q2 Update on External Market Conditions

Continental AG — Moody’s assigns P-2 ratings to Continental AG

Rating Action: Moody’s assigns P-2 ratings to Continental AG Global Credit Research – 10 Jul 2020 Frankfurt am Main, July 10, 2020 — Moody’s Investors Service (“Moody’s”) has today assigned short-time Prime-2 (P-2) issuer rating and commercial paper rating to Continental AG (Continental, or the group). The outlook on the ratings remains unchanged at negative.… Continue reading Continental AG — Moody’s assigns P-2 ratings to Continental AG

GM delivered 713,600 units in Q2 in China, down 5% y/y

BEIJING, July 3 (Reuters) – General Motors Co’s vehicle sales in China fell at a slower pace of 5.3% between April and June compared with the same period last year, as the Detroit automaker’s China operations recover from coronavirus-induced lows. GM, China’s second-biggest foreign automaker, delivered 713,600 vehicles in the country in the second quarter… Continue reading GM delivered 713,600 units in Q2 in China, down 5% y/y

Lear Corporation — Moody’s announces completion of a periodic review of ratings of Lear Corporation

Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Lear Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody’s reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a… Continue reading Lear Corporation — Moody’s announces completion of a periodic review of ratings of Lear Corporation