Verisk Analytics Inc. VRSK reported better-than-expected fourth-quarter 2022 results. Adjusted earnings (excluding $1.04 from non-recurring items) were $1.43, beating the Zacks Consensus Estimate by 22.2%. Such a beat was supported by strong segmental revenue growth and core operating leverage. Adjusted earnings decreased 2.7% on a year-over-year basis. Total revenues of $630 million surpassed the consensus estimate… Continue reading Verisk (VRSK) Beats Earnings and Revenue Estimates in Q4
Author: Yarhow_Finance Online News
GOODYEAR LAUNCHES THE NEW FUEL MAX 1AD TIRE FOR TOUGH SUPER-REGIONAL TRUCKING JOBS
The Fuel Max 1AD single-axle drive tire features the traction benefits and features needed to handle freight jobs and yard maneuvers with ease AKRON, Ohio, March 2, 2023 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced the next addition to the purpose-driven Fuel Max lineup, the Fuel Max 1AD, for single-axle drive… Continue reading GOODYEAR LAUNCHES THE NEW FUEL MAX 1AD TIRE FOR TOUGH SUPER-REGIONAL TRUCKING JOBS
GOODYEAR’S JENNY PAIGE NAMED A 2023 WOMEN MAKE AMERICA AWARD HONOREE
AKRON, Ohio, March 1, 2023 /PRNewswire/ — The Manufacturing Institute (MI) – the workforce development and education partner of the National Association of Manufacturers – will celebrate The Goodyear Tire & Rubber Company’s (NASDAQ: GT) Jenny Paige at the 2023 Women MAKE America Awards gala in Washington, D.C. on April 20. Jenny Paige, a senior… Continue reading GOODYEAR’S JENNY PAIGE NAMED A 2023 WOMEN MAKE AMERICA AWARD HONOREE
Volkswagen Says No Human-Rights Abuses at Downsized Xinjiang Plant in China
Reuters Tesla vows to halve EV production costs, Musk keeps affordable car plan under wraps SAN FRANCISCO (Reuters) -Tesla Inc will cut assembly costs by half in future generations of cars, engineers told investors on Wednesday, but Chief Executive Elon Musk did not unveil when it will debut a much-awaited affordable electric vehicle. More than… Continue reading Volkswagen Says No Human-Rights Abuses at Downsized Xinjiang Plant in China
NIO Q4 Loss Widens Y/Y, Sales Up, Vehicle Margins Plummet
NIO Inc. NIO incurred a loss per American Depositary Share (ADS) of 51 cents in the fourth quarter of 2022, wider than the year-ago loss of 21 cents amid lower vehicle margins and higher operating expenses, despite improved deliveries. This China-based electric vehicle (EV) maker posted revenues of $2,329 million, up 62.2% year over year on… Continue reading NIO Q4 Loss Widens Y/Y, Sales Up, Vehicle Margins Plummet
Q4 2022 NIO Inc Earnings Call
Participants Eve Tang Stanley Qu; VP of Finance; NIO Inc. Wei Feng; CFO; NIO Inc. William Li; Co-Founder, Chairman & CEO; NIO Inc. Paul Gong; HK and China Autos Analyst; UBS Investment Bank, Research Division Tim Hsiao; VP; Morgan Stanley, Research Division Xin Yu; Research Analyst; Deutsche Bank AG, Research Division Xue Deng; Analyst; China… Continue reading Q4 2022 NIO Inc Earnings Call
Nio (NIO) Q4 2022 Earnings Call Transcript
TipRanks ‘Load Up,’ Says Raymond James About These 3 ‘Strong Buy’ Stocks For more than a year now, the markets have been preoccupied by the Fed with the focus squarely on inflation’s trajectory and the central bank’s counter measures of rising interest rates. “With this in mind,” says Larry Adam, Chief Investment Officer at Raymond… Continue reading Nio (NIO) Q4 2022 Earnings Call Transcript
These Are The 5 Best EV Stocks To Buy And Watch Now
Bloomberg Blackstone Defaults on €531 Million Nordic Property CMBS (Bloomberg) — Blackstone Inc. has defaulted on a €531 million ($562 million) bond backed by a portfolio of offices and stores owned by Sponda Oy, a Finnish landlord it acquired in 2018. Most Read from BloombergSorry, Twitter. Elon Found His Next Shiny Object.How to Get a… Continue reading These Are The 5 Best EV Stocks To Buy And Watch Now
Magna Announces Filing of Shelf Prospectus and Registration Statement
Magna International Inc. AURORA, Ontario, Feb. 28, 2023 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) (“Magna” or “we”) today announced that it has filed a short form base shelf prospectus with the Ontario Securities Commission (the “OSC”) and a corresponding shelf registration statement with the United States Securities and Exchange Commission (the… Continue reading Magna Announces Filing of Shelf Prospectus and Registration Statement
Are Lear Corporation’s (NYSE:LEA) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
Lear (NYSE:LEA) has had a rough week with its share price down 2.7%. It is possible that the markets have ignored the company’s differing financials and decided to lean-in to the negative sentiment. Long-term fundamentals are usually what drive market outcomes, so it’s worth paying close attention. Particularly, we will be paying attention to Lear’s… Continue reading Are Lear Corporation’s (NYSE:LEA) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?