The main aim of stock picking is to find the market-beating stocks. But every investor is virtually certain to have both over-performing and under-performing stocks. So we wouldn’t blame long term Continental Aktiengesellschaft (ETR:CON) shareholders for doubting their decision to hold, with the stock down 54% over a half decade. On a more encouraging note… Continue reading Continental’s (ETR:CON) earnings trajectory could turn positive as the stock rallies 3.7% this past week
Author: Yarhow_Finance Online News
Commercial fishing groups sue 13 US tire makers over rubber preservative that’s deadly to salmon
TACOMA, Wash. (AP) — The 13 largest U.S. tire manufacturers are facing a lawsuit from a pair of California commercial fishing organizations that could force the companies to stop using a chemical added to almost every tire because it kills migrating salmon. Also found in footwear, synthetic turf and playground equipment, the rubber preservative 6PPD… Continue reading Commercial fishing groups sue 13 US tire makers over rubber preservative that’s deadly to salmon
Adient (ADNT) Q4 Earnings Miss Estimates & Contract Y/Y
Adient ADNT delivered adjusted earnings per share of 51 cents for the fourth quarter of fiscal 2023. Earnings fell from 53 cents recorded in the year-ago period and also missed the Zacks Consensus Estimate of 52 cents. In the reported quarter, Adient generated net sales of $3,729 million, which increased 2.2% year over year but… Continue reading Adient (ADNT) Q4 Earnings Miss Estimates & Contract Y/Y
CATL and Quinbrook Sign Global Framework Agreement for Stationary Battery Energy Storage Systems
NINGDE, China, Nov. 8, 2023 /PRNewswire/ — CATL and Quinbrook announced today the signing of a Global Framework Agreement in stationary storage with the aim to deploy 10GWh+ of CATL’s advanced storage solutions over the next five years, demonstrating both companies’ commitment to progressing the energy transition through the deployment of the most advanced storage… Continue reading CATL and Quinbrook Sign Global Framework Agreement for Stationary Battery Energy Storage Systems
Magna (MGA) Q3 Earnings Beat Estimates, Guidance Revised
Magna International MGA reported third-quarter 2023 adjusted earnings of $1.46 per share, which rose 33% on a year-over-year basis and surpassed the Zacks Consensus Estimate of $1.37 per share. Net sales increased by 15% from the prior-year quarter to $10,688 million, surpassing the Zacks Consensus Estimate of $10,358 million. Magna International Inc. Price, Consensus and… Continue reading Magna (MGA) Q3 Earnings Beat Estimates, Guidance Revised
Auto Roundup: TM’s $8B EV Investment, CMI’s Q3 Results and More
After a seven-week strike, the United Auto Workers (UAW) union and the three major U.S. automakers — General Motors, Ford, and Stellantis — reached agreements last week, marking the conclusion of a historic simultaneous strike against Detroit’s Big Three. Key features of the agreements include a 25% wage increase to remain in effect until April… Continue reading Auto Roundup: TM’s $8B EV Investment, CMI’s Q3 Results and More
3 No-Brainer EV Stocks to Buy in November
Barrons.com Tesla Could Have a $27,000 EV. The Stock Dropped. Tesla stock tried to make it five winning days in a row. What had investors excited initially on Monday was a Reuters report from Germany about a new Tesla electric vehicle that will be priced around 25,000 euros, or $27,000. Investors, and car buyers interested… Continue reading 3 No-Brainer EV Stocks to Buy in November
Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.… Continue reading Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
Hyundai Mobis, Secures USD 940 million for North American Electrification Investment via Its First Overseas Green Loan
Raised investment capital for a new North American electrification hub through seven global financial institutions—marking its first overseas Green Loan Successfully procured long-term financing (10 years) at a favorable rate The acquired funds will be deployed to establish new BSA and PE system factories SEOUL, South Korea, Nov. 8, 2023 /PRNewswire/ — Hyundai Mobis’ (KRX: 012330)… Continue reading Hyundai Mobis, Secures USD 940 million for North American Electrification Investment via Its First Overseas Green Loan
Auto Roundup: TM’s $8B EV Investment, CMI’s Q3 Results and More
After a seven-week strike, the United Auto Workers (UAW) union and the three major U.S. automakers — General Motors, Ford, and Stellantis — reached agreements last week, marking the conclusion of a historic simultaneous strike against Detroit’s Big Three. Key features of the agreements include a 25% wage increase to remain in effect until April… Continue reading Auto Roundup: TM’s $8B EV Investment, CMI’s Q3 Results and More