Exceptional Top and Bottom Line Growth at Linamar in Fourth Quarter Takes Company to a Record Sales Year

GUELPH, ON, March 8, 2023 /CNW/ – (TSX: LNR) Linamar Corporation Logo (CNW Group/Linamar Corporation) Sales up 34.3% and Net Earnings up 83.7%; Record level of annual sales of $7.92 billion; Outstanding and also a record year in new business wins (“NBW”); Sales up 73.1% for Industrial due to strong markets and solid market share… Continue reading Exceptional Top and Bottom Line Growth at Linamar in Fourth Quarter Takes Company to a Record Sales Year

Hyundai Mobis pushes the boundaries of safety innovations with breakthrough airbag technology

Brain Injury Prevention Airbag gets a perfect score from the US’ Obilique crash test and wins the Silver Tower Order of Industrial Service Merit in the government-held New Technology Commercialization Competition. The company unveiled various innovations including Face-to-face Protection Airbags, Curtain Airbags and Omnidirectional Airbags for PBVs. Hyundai Mobis delivers essential proprietary airbag components based… Continue reading Hyundai Mobis pushes the boundaries of safety innovations with breakthrough airbag technology

Autoliv prices EUR 500 million green bond issue

STOCKHOLM, March 9, 2023 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIV.sdb), today announced that it has priced a 5-year bond offering of EUR 500 million in the Eurobond market (the “Notes”). The Notes are due to be issued on March 15 and will carry a coupon of 4.25%. The Notes are expected to be admitted… Continue reading Autoliv prices EUR 500 million green bond issue

UiPath (PATH) to Report Q4 Earnings: What’s in the Offing?

UiPath, Inc. PATH is scheduled to release fourth-quarter fiscal 2023 results on Mar 15, after market close. Let’s check out the expectations in detail. Q4 Expectations The Zacks Consensus Estimate for revenues is pegged at $278.14 million, indicating a 4% fall from the year-ago fiscal quarter’s reported figure. The expected decrease might have been due… Continue reading UiPath (PATH) to Report Q4 Earnings: What’s in the Offing?

Nov Inc. (NOV) Down 2.1% Since Last Earnings Report: Can It Rebound?

A month has gone by since the last earnings report for Nov Inc. (NOV). Shares have lost about 2.1% in that time frame, outperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Nov Inc. due for a breakout? Before we dive into how investors and… Continue reading Nov Inc. (NOV) Down 2.1% Since Last Earnings Report: Can It Rebound?

12 Best EV Stocks To Buy For 2023

In this piece, we will take a look at the 12 best electric vehicle stocks to buy for 2023. For more stocks, head on over to 5 Best EV Stocks To Buy For 2023. The electric vehicle industry has significantly grown in less than a decade since even in the early 2010s, there were few… Continue reading 12 Best EV Stocks To Buy For 2023

2 Electric Vehicle (EV) Stocks Billionaires Are Aggressively Selling and 1 They Can’t Stop Buying

TheStreet.com GE Stock Is Flying: Here’s Why Its Best Prospect for Growth Is Aerospace GE, now sans GE Healthcare Technologies , reaffirmed its fiscal year 2023 guidance with organic revenue growth still expected to post in the high-single-digit range, adjusted EPS still expected to land in between $1.60 and $1.95, and free cash flow generation… Continue reading 2 Electric Vehicle (EV) Stocks Billionaires Are Aggressively Selling and 1 They Can’t Stop Buying

Here’s Why Nio Stock Sank 22% in February

TheStreet.com GE Stock Is Flying: Here’s Why Its Best Prospect for Growth Is Aerospace GE, now sans GE Healthcare Technologies , reaffirmed its fiscal year 2023 guidance with organic revenue growth still expected to post in the high-single-digit range, adjusted EPS still expected to land in between $1.60 and $1.95, and free cash flow generation… Continue reading Here’s Why Nio Stock Sank 22% in February

Magna Announces Senior Notes Offerings

Magna International Inc. AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into underwriting agreements in respect of the offering of two series of U.S. dollar denominated senior notes (“U.S. dollar senior notes”) and one series of Euro denominated senior notes (“Euro senior notes”),… Continue reading Magna Announces Senior Notes Offerings

Magna Announces CAD Senior Notes Offering

Magna International Inc. NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an agency agreement providing for the issuance, by way of private placement in each of the… Continue reading Magna Announces CAD Senior Notes Offering