Why Eaton (ETN) is a Top Growth Stock for the Long-Term

It doesn’t matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use… Continue reading Why Eaton (ETN) is a Top Growth Stock for the Long-Term

Toyota selling part of Denso stake to raise cash to develop electric vehicles

TOKYO (AP) — Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and other innovations, Japan’s top automaker said Wednesday. The move is estimated to raise about 290 billion yen ($2 billion), given recent share prices. The number of shares Toyota Motor Corp.… Continue reading Toyota selling part of Denso stake to raise cash to develop electric vehicles

Toyota group to sell 8% Denso stake, investors want more unwinding

By Daniel Leussink TOKYO (Reuters) -Toyota and two affiliates will divest at least 8% of supplier Denso, the companies said on Wednesday, a $4 billion deal that sparked investor hopes the world’s top-selling automaker will shed more of its numerous cross-shareholdings. The share sale, which was first reported by Reuters on Tuesday, will be Japan’s… Continue reading Toyota group to sell 8% Denso stake, investors want more unwinding

Japan’s Nikkei ends lower as investors lock in profits from recent rally

(Updated with closing prices at 0620 GMT) TOKYO, Nov 29 (Reuters) – Japan’s Nikkei share average ended lower on Wednesday in a listless trade as investors continued to sell stocks to book profits after last week’s rally. The Nikkei index fell 0.26% to close at 33,321.22 after opening 0.49% lower and trading in positive territory… Continue reading Japan’s Nikkei ends lower as investors lock in profits from recent rally

Magna Brings Better Mobility to Life at CES 2024

Magna International Inc. Magna at CES 2024 Magna’s complete vehicle expertise across Active Safety, Connectivity and Electrification will be on full display at CES Magna’s Indoor Booth at CES Magna’s indoor exhibit space will be located at #3725 in the West Hall Magna’s complete vehicle and systems expertise on display with the latest products and… Continue reading Magna Brings Better Mobility to Life at CES 2024

Magna International Inc.’s (TSE:MG) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

Magna International’s (TSE:MG) stock is up by a considerable 13% over the past month. We, however wanted to have a closer look at its key financial indicators as the markets usually pay for long-term fundamentals, and in this case, they don’t look very promising. Particularly, we will be paying attention to Magna International’s ROE today.… Continue reading Magna International Inc.’s (TSE:MG) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

Lear to Participate in the Goldman Sachs 15th Annual Industrials & Autos Week Conference

SOUTHFIELD, Mich., Nov. 27, 2023 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on December 7, 2023, at the Goldman Sachs 15th Annual Industrials & Autos Week Conference in London. Representing Lear will be: Lear Corporation Logo. (PRNewsFoto/Lear Corporation) (PRNewsfoto/Lear Corporation) Jason Cardew,… Continue reading Lear to Participate in the Goldman Sachs 15th Annual Industrials & Autos Week Conference

Eaton awarded contract to help Miami-Dade County improve sustainability, resilience and safety of critical wastewater treatment facility

Contract valued at approximately $15 million will support new electrical distribution facility in South District Wastewater Treatment Plant Project will enable continuous operation during severe storms and incorporates sustainable practices and resilient design to maximize asset lifespan and resource conservation PITTSBURGH, November 28, 2023–(BUSINESS WIRE)–Intelligent power management company Eaton today announced it is providing approximately… Continue reading Eaton awarded contract to help Miami-Dade County improve sustainability, resilience and safety of critical wastewater treatment facility

Exclusive-Toyota group plans $4.7 billion sale of Denso stake as electric pivot looms -sources

By Miho Uranaka, Daniel Leussink and Maki Shiraki TOKYO (Reuters) -Toyota Motor and two affiliates plan to sell about 10% of components maker Denso by year-end, a stake likely worth about $4.7 billion, sources familiar with the matter said. The sale of shares in Denso would mark the latest step by the world’s top selling… Continue reading Exclusive-Toyota group plans $4.7 billion sale of Denso stake as electric pivot looms -sources

Will High Costs Offset NIO’s Delivery Growth in Q3 Earnings?

NIO Inc. NIO is slated to release third-quarter 2023 results on Dec 5, before market open. The Zacks Consensus Estimate for the quarter’s loss per share and revenues is pegged at 43 cents and $2.63 billion, respectively. The consensus estimate for NIO’s loss per share has narrowed by 2 cents in the past 90 days. Its bottom-line estimate… Continue reading Will High Costs Offset NIO’s Delivery Growth in Q3 Earnings?