Q3 2020 HELLA GmbH & Co KgaA Earnings Call Lippstadt Apr 2, 2020 (Thomson StreetEvents) — Edited Transcript of HELLA GmbH & Co KgaA earnings conference call or presentation Thursday, April 2, 2020 at 8:00:00am GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Rolf Breidenbach HELLA GmbH & Co. KGaA – Chairman of… Continue reading Edited Transcript of HLE.DE earnings conference call or presentation 2-Apr-20 8:00am GMT
Author: Yarhow_Finance Online News
Autoliv Taps Brakes on Dividend Payout, Withdraws ’20 View
Autoliv, Inc. ALV recently canceled its quarterly dividend scheduled for Jun 4 and suspended future dividends until further notice. It also withdrew the 2020 guidance to preserve cash as vehicle sales drop on the coronavirus outbreak. The company also drew the remaining $600 million from its revolving credit facility of $1 billion. Notably, it had… Continue reading Autoliv Taps Brakes on Dividend Payout, Withdraws ’20 View
Nio’s Electric Power Engineering Chief Quits Admit Restructuring: Report
Huang Chendong, who is in charge of Nio Inc – ADR’s (NYSE: NIO) electric power engineering team, will leave his post by June 30, Chinese media outlet 36Kr reported, which said the news was confirmed by management. Chendong was promoted to the role of senior vice president in October and is reporting directly to CEO William… Continue reading Nio’s Electric Power Engineering Chief Quits Admit Restructuring: Report
Edited Transcript of CON.DE earnings conference call or presentation 5-Mar-20 2:00pm GMT
Q4 2019 Continental AG Earnings Call Hanover Mar 31, 2020 (Thomson StreetEvents) — Edited Transcript of Continental AG earnings conference call or presentation Thursday, March 5, 2020 at 2:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Bernard Wang Continental Aktiengesellschaft – Head of IR * Wolfgang Schäfer Continental Aktiengesellschaft – CFO &… Continue reading Edited Transcript of CON.DE earnings conference call or presentation 5-Mar-20 2:00pm GMT
Edited Transcript of ZIL2.DE earnings conference call or presentation 30-Mar-20 12:30pm GMT
Q3 2019 Elringklinger AG Earnings Call Dettingen/Erms Mar 31, 2020 (Thomson StreetEvents) — Edited Transcript of ElringKlinger AG earnings conference call or presentation Monday, March 30, 2020 at 12:30:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Stefan Wolf ElringKlinger AG – Chairman of the Management Board & CEO * Thomas Jessulat ElringKlinger… Continue reading Edited Transcript of ZIL2.DE earnings conference call or presentation 30-Mar-20 12:30pm GMT
EU antitrust regulators quiz Daimler, others after failed Nokia talks
* Tech companies, automakers fighting over access to patents, fees * Standard essential patents key to internet-linked devices * Protecting Europe’s technological sovereignty vs other sectors By Foo Yun Chee BRUSSELS, March 31 (Reuters) – EU antitrust regulators are asking Daimler, Continental and other car parts suppliers for details of failed mediation talks with Nokia,… Continue reading EU antitrust regulators quiz Daimler, others after failed Nokia talks
Delphi Technologies’s stock tumbles after BorgWarner says draw on revolver is a breach of merger deal
Shares of Delphi Technologies PLC plummeted 22% in premarket trading Tuesday, after the company said the received notice from fellow auto parts maker BorgWarner Inc. that Delphi’s decision to draw on its credit facility represents a material breach of the buyout agreement. BorgWarner’s stock was still inactive ahead of the open. Delphi said it believed… Continue reading Delphi Technologies’s stock tumbles after BorgWarner says draw on revolver is a breach of merger deal
Magna International Investments S.A. — Moody’s places Magna’s ratings under review for downgrade
Moody’s Investors Service, (“Moody’s”) placed the ratings of Magna International Inc. (Magna) under review for downgrade including its A3 LT Issuer Rating, (P)A3 Senior Unsecured Shelf rating, and A3 Senior Unsecured Notes rating. More specifically, Magna’s exposure to final consumer demand for light vehicles has left it vulnerable to shifts in market sentiment in these… Continue reading Magna International Investments S.A. — Moody’s places Magna’s ratings under review for downgrade
Lear Provides Business Update Regarding COVID-19 and Withdraws Full Year 2020 Guidance
Lear taking decisive actions in response to coronavirus pandemic, including: – Instituting additional employee safety measures – Drawing down $1.0 billion on revolving credit facility – Temporarily suspending share repurchases and quarterly dividend – Withdrawing full year 2020 outlook – Undertaking operational actions to reduce costs and preserve liquidity SOUTHFIELD, Mich., March 26, 2020 /PRNewswire/… Continue reading Lear Provides Business Update Regarding COVID-19 and Withdraws Full Year 2020 Guidance
Yanfeng Global Auto Interior Sys Co., Ltd — Moody’s places ratings of four Chinese and Korean automotive parts suppliers under review for downgrade
Moody’s Investors Service has today placed the ratings of four Chinese and Korean Automotive parts suppliers under review for downgrade. The four companies are Hyundai Mobis Co., Ltd., Johnson Electric Holdings Limited, Nexteer Automotive Group Limited, and Yanfeng Global Automotive Interior Systems Co., Ltd. A full list of the affected ratings can be found at… Continue reading Yanfeng Global Auto Interior Sys Co., Ltd — Moody’s places ratings of four Chinese and Korean automotive parts suppliers under review for downgrade