Edited Transcript of KBX.DE earnings conference call or presentation 12-Sep-19 10:59am GMT

Q2 2019 Knorr Bremse AG Earnings Call and Capital Market Lunch London Mar 12, 2020 (Thomson StreetEvents) — Edited Transcript of Knorr Bremse AG earnings conference call or presentation Thursday, September 12, 2019 at 10:59:00am GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Andreas Spitzauer Knorr-Bremse Aktiengesellschaft – Head of IR * Jürgen… Continue reading Edited Transcript of KBX.DE earnings conference call or presentation 12-Sep-19 10:59am GMT

NIO Announces US$235 Million Private Placements of Short-term Convertible Notes

SHANGHAI, China, March 05, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium electric vehicle market, today announced that it has entered into definitive transaction documents with several unaffiliated Asia-based investment funds (the “Purchasers”), pursuant to which NIO will issue and sell convertible notes in an aggregate principal… Continue reading NIO Announces US$235 Million Private Placements of Short-term Convertible Notes

Eaton Completes the Sale of its Lighting Business

Power management company Eaton (NYSE:ETN) today announced it has completed the sale of its Lighting business to Signify N.V. The Lighting business, which had sales of $1.7 billion in 2019, is one of the world’s leading providers of LED lighting and control solutions. Eaton’s mission is to improve the quality of life and the environment… Continue reading Eaton Completes the Sale of its Lighting Business

Toyota (TM) to Build a $1.22B Electric Vehicle Plant in China

Toyota Motor Corporation TM recently announced plans that it will collaborate with local partner FAW Group to build a new electric vehicle plant at Tianjin in China. Reportedly, the companies are aiming to invest around 8.5 billion yuan ($1.22 billion) in the planned car plant. The plant is expected to produce 200,000 battery-only, plug-in hybrid… Continue reading Toyota (TM) to Build a $1.22B Electric Vehicle Plant in China

Magna (MGA) Q4 Earnings & Revenues Top Estimates, Down Y/Y

Magna International Inc. MGA delivered adjusted earnings per share of $1.41 in fourth-quarter 2019, beating the Zacks Consensus Estimate of $1.32. Stellar revenues in the Body Exteriors & Structures, Power & Vision and Seating Systems segments led to this outperformance. However, the bottom-line figure declined from the year-ago quarter’s $1.63. The company’s revenues declined 7.3%… Continue reading Magna (MGA) Q4 Earnings & Revenues Top Estimates, Down Y/Y

NIO Soars on China Government Deal Bernstein Calls a Bailout

(Bloomberg) — NIO Inc. reached a preliminary agreement to relocate its headquarters to another Chinese city in a deal that would raise much-needed cash. The electric-car maker’s shares surged. The framework pact with the municipal government of Hefei, where NIO’s main manufacturing hub is already located, is still subject to discussion. But in light of… Continue reading NIO Soars on China Government Deal Bernstein Calls a Bailout

NIO Announces Entry into Framework Agreement with Hefei Municipal Government

SHANGHAI, China, Feb. 25, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium electric vehicle market, today announced that it entered into a collaboration framework agreement with the municipal government of Hefei, Anhui province, where the Company’s main manufacturing hub is located. The framework agreement is preliminary in… Continue reading NIO Announces Entry into Framework Agreement with Hefei Municipal Government

Russian driverless tech company Cognitive Pilot sets sights on IPO

By Nadezhda Tsydenova MOSCOW, Feb 21 (Reuters) – Russian technology start-up Cognitive Pilot, which makes components for driverless vehicles, is considering an initial public offering (IPO) after 2023, its chief executive told Reuters. The company has already attracted investment from top Russian lender Sberbank, which has bought a 30% stake, though it gave no indication… Continue reading Russian driverless tech company Cognitive Pilot sets sights on IPO

Edited Transcript of ZIL2.DE earnings conference call or presentation 19-Feb-20 1:00pm GMT

Preliminary Q4 2020 Elringklinger AG Earnings Call Dettingen/Erms Feb 19, 2020 (Thomson StreetEvents) — Edited Transcript of ElringKlinger AG earnings conference call or presentation Wednesday, February 19, 2020 at 1:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Stefan Wolf ElringKlinger AG – Chairman of the Management Board & CEO * Thomas Jessulat… Continue reading Edited Transcript of ZIL2.DE earnings conference call or presentation 19-Feb-20 1:00pm GMT