Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock’s price, do they really matter? Let’s take a look at what these Wall Street heavyweights have to… Continue reading Brokers Suggest Investing in NIO Inc. (NIO): Read This Before Placing a Bet
Author: Yarhow_Finance Online News
Magna’s (MGA) Q4 Earnings Miss, Sales Beat, Dividend Up
Magna International MGA reported fourth-quarter 2022 adjusted earnings of 91 cents per share, which slumped 30% on a year-over-year basis. The bottom line also lagged the Zacks Consensus Estimate of $1.24 a share. Lower-than-expected EBIT in Body Exteriors & Structures, Power & Vision and Seating Systems segments led to the underperformance. In the reported quarter,… Continue reading Magna’s (MGA) Q4 Earnings Miss, Sales Beat, Dividend Up
Should You Buy Dana Incorporated (DAN) Ahead of Earnings?
Investors are always looking for stocks that are poised to beat at earnings season and Dana Incorporated DAN, may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Dana Incorporated is seeing favorable earnings estimate revision activity as of… Continue reading Should You Buy Dana Incorporated (DAN) Ahead of Earnings?
How to Find Strong Auto-Tires-Trucks Stocks Slated for Positive Earnings Surprises
Wall Street watches a company’s quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. Of course, one figure often stands out among the rest: earnings. Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling… Continue reading How to Find Strong Auto-Tires-Trucks Stocks Slated for Positive Earnings Surprises
Autoliv publishes its Annual Report for 2022
STOCKHOLM, Feb. 17, 2023 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIV.sdb), the worldwide leader in automotive safety systems has filed its 2022 Annual Report on Form 10-K with the Securities and Exchange Commission (SEC). The Form 10-K is available at the SEC Edgar website: www.sec.gov and on autoliv.com. Autoliv has also filed its Autoliv… Continue reading Autoliv publishes its Annual Report for 2022
Goodyear’s (GT) Q4 Earnings Lag Estimates, Costs Hit Margins
Goodyear Tire GT reported fourth-quarter 2022 adjusted earnings per share (EPS) of 7 cents, missing the Zacks Consensus Estimate of 17 cents. Lower-than-anticipated operating income in the Americas, EMEA segments and Asia Pacific, and lesser-than-expected sales in the Asia Pacific segment weighed on the results. The company generated net revenues of $5,374 million, rising 6.3%… Continue reading Goodyear’s (GT) Q4 Earnings Lag Estimates, Costs Hit Margins
Magna to invest $470 million for expansion in Ontario
(Reuters) – Magna International Inc said on Wednesday it was investing more than $470 million to expand its operations across Ontario, Canada, as it looks to increase its presence across the province. The expansion includes a 490,000-square-foot factory in Brampton that will be used to make battery enclosures for electric vehicles, including the Ford F-150… Continue reading Magna to invest $470 million for expansion in Ontario
Magna to invest $470 mln for expansion in Ontario
Feb 15 (Reuters) – Magna International Inc said on Wednesday it was investing more than $470 million to expand its operations across Ontario, Canada, as it looks to increase its presence across the province. The expansion includes a 490,000-square-foot factory in Brampton that will be used to make battery enclosures for electric vehicles, including the… Continue reading Magna to invest $470 mln for expansion in Ontario
Eaton Partners With IES To Help Building Owners Make Energy Transition Plans
MORGES, SWITZERLAND / ACCESSWIRE / February 16, 2023 / Eaton, the intelligent power management company, has signed an agreement with IES, the world-renowned climate tech and building performance analytics firm, to develop approaches that will help building owners boost the sustainability of their buildings and prepare them for the energy transition. Using digital twins, Eaton… Continue reading Eaton Partners With IES To Help Building Owners Make Energy Transition Plans
Dana to Pay Dividend on Common Stock
MAUMEE, Ohio, Feb. 15, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) The board declared a quarterly dividend of $0.10 per share, payable March 24, 2023, to holders of Dana common stock as of March 3. About… Continue reading Dana to Pay Dividend on Common Stock