Announced 2023 Shareholder Value Maximization Policy, including the plan to purchase KRW 150 billion worth of treasury shares, which will all be cancelled. To secure additional cash to gain a competitive edge in future business and combat global uncertainties through external investment. To establish a BOD with diversity, expertise, and independence. SEOUL, South Korea, Feb.… Continue reading Hyundai Mobis Enhances Shareholder Value Through Preemptive Investment and Shareholder Returns
Author: Yarhow_Finance Online News
Playing Follow the Leader Leads Me to the Garden of Eaton
Reuters UPDATE 2-Devon Energy profit misses as output hit by winter storm Shale oil producer Devon Energy on Tuesday missed Wall Street estimates for fourth-quarter profit due to a hit to production from severe cold weather in the United States during the period, as well as higher expenses on personnel. Winter Storm Elliott brought subfreezing… Continue reading Playing Follow the Leader Leads Me to the Garden of Eaton
The Zacks Analyst Blog Highlights Toyota, Honda BorgWarner, O’Reilly Automotive and Cummins
For Immediate Release Chicago, IL – February 15, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Toyota TM, Honda HMC, BorgWarner Inc. BWA, O’Reilly… Continue reading The Zacks Analyst Blog Highlights Toyota, Honda BorgWarner, O’Reilly Automotive and Cummins
10 Most Promising Chinese Stocks According to Analysts
In this article, we will look at the 10 most promising Chinese stocks to buy now according to analysts. If you want to explore similar stocks, you can also take a look at 5 Most Promising Chinese Stocks According to Analysts. China’s recovery is kicking in rapidly as the nation emerges from long and strict COVID-19… Continue reading 10 Most Promising Chinese Stocks According to Analysts
Ford Invests $3.5 Billion in Michigan Battery Plant With Chinese Partner’s Technology
Reuters Judge indicates intention to dismiss J&J talc unit bankruptcy (Reuters) -The bankruptcy case filed by Johnson & Johnson’s subsidiary shouldering talc-related lawsuits will soon be dismissed unless a U.S appeals court agrees to reconsider its decision to nix the company’s attempt to offload the litigation into Chapter 11 proceedings, a federal judge said on… Continue reading Ford Invests $3.5 Billion in Michigan Battery Plant With Chinese Partner’s Technology
Auto Roundup: Earnings Releases of TM, HMC, ORLY, CMI & BWA in Focus
China Association of Automobile Manufacturers (CAAM) released vehicle production and sales data for January 2023. Last month, a total of 1.594 million units of vehicles were manufactured in China, per CAAM. This marked a 33.3% decline month over month and a 34.3% decline year over year. Total car sales during the month were 1.649 million… Continue reading Auto Roundup: Earnings Releases of TM, HMC, ORLY, CMI & BWA in Focus
BorgWarner Announces Brady Ericson as CEO, Chris Gropp as CFO, and PHINIA Inc. as Company Name for Proposed Fuel Systems and Aftermarket Segment Spin-Off
AUBURN HILLS, Mich., Feb. 14, 2023 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) today announced Brady Ericson will serve as President and Chief Executive Officer, and Chris Gropp will serve as Executive Vice President and Chief Financial Officer of the separate, publicly traded company that will result from completion of the previously announced proposed spin-off of… Continue reading BorgWarner Announces Brady Ericson as CEO, Chris Gropp as CFO, and PHINIA Inc. as Company Name for Proposed Fuel Systems and Aftermarket Segment Spin-Off
Autoliv, Inc.’s (NYSE:ALV) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Autoliv’s (NYSE:ALV) stock is up by a considerable 11% over the past month. We wonder if and what role the company’s financials play in that price change as a company’s long-term fundamentals usually dictate market outcomes. Specifically, we decided to study Autoliv’s ROE in this article. Return on Equity or ROE is a test of… Continue reading Autoliv, Inc.’s (NYSE:ALV) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
NIO Inc. (NIO) Flat As Market Gains: What You Should Know
NIO Inc. (NIO) closed at $10.31 in the latest trading session, marking no change from the prior day. This move lagged the S&P 500’s daily gain of 1.15%. Elsewhere, the Dow gained 1.11%, while the tech-heavy Nasdaq added 11.35%. Heading into today, shares of the company had lost 12.63% over the past month, lagging the… Continue reading NIO Inc. (NIO) Flat As Market Gains: What You Should Know
Company News for Feb 13, 2023
TipRanks ‘Cyclical bottom is approaching’: Top analyst explains why you should ‘buy’ these 3 chip stocks Booms and busts are familiar to any student of economics – they form the underlying patterns of long-term performance, for whole economies and for individual sectors. A recent report on the semiconductor chip industry helps to show the pattern… Continue reading Company News for Feb 13, 2023