(Reuters) – The U.S. Justice Department is investigating Goodyear Tire & Rubber Co for its handling of a recalled tire that has been linked to eight deaths and dozens of injuries, the Wall Street Journal reported, citing people with knowledge of the matter and documents reviewed by the newspaper. The federal prosecutors have sought company… Continue reading U.S. DOJ probes Goodyear’s handling of recalled tire – WSJ
Author: Yarhow_Finance Online News
Justice Department Probes Goodyear’s Handling of Recalled Tire
The Justice Department is investigating Goodyear Tire & Rubber for its handling of a recalled tire that has been linked to eight deaths and dozens of injuries, according to people with knowledge of the matter and documents reviewed by The Wall Street Journal. As part of the probe, federal prosecutors have sought company records and… Continue reading Justice Department Probes Goodyear’s Handling of Recalled Tire
15 Most Undervalued NASDAQ Stocks To Buy According To Hedge Funds
In this article, we discuss 15 most undervalued NASDAQ stocks to buy according to hedge funds. If you want to see more stocks in this selection, 5 Most Undervalued NASDAQ Stocks To Buy According To Hedge Funds. On December 30, the stock market finished its worst year since 2008. The Dow Jones Industrial Average decreased… Continue reading 15 Most Undervalued NASDAQ Stocks To Buy According To Hedge Funds
The Case for Selling Tesla
Tesla TSLA stock has been soaring in the last few days, and investors might be wondering why. It isn’t just that it was really beaten down last year. We generally cheer when an overvalued stock loses steam because that’s when it gets within buying range. And then there’s the question of whether you’re buying for… Continue reading The Case for Selling Tesla
Ford in Talks to Sell German Plant to China’s BYD
Reuters Ford to make call on Europe job cuts by mid-Feb as buyers circle German site BERLIN (Reuters) -Ford will decide by mid-February how many jobs to cut in Europe, a German union said on Tuesday, as reports surfaced that BYD and car contract manufacturer Magna were interested in buying one of the U.S. carmaker’s… Continue reading Ford in Talks to Sell German Plant to China’s BYD
Biden classified documents, the next chief of staff, Virginia battery plant: This week in politics
This week, President Biden remains under scrutiny after FBI officials secured more classified documents from his Delaware residence. Other top stories include reports that the White House has selected the next chief of staff and Virginia Governor Glenn Youngkin has withdrawn the state’s bid for an EV battery plant. Here are three stories at the… Continue reading Biden classified documents, the next chief of staff, Virginia battery plant: This week in politics
CANADA STOCKS-Energy, consumer weigh on Toronto stocks ahead of BoC decision
(Updates prices, adds comment and details) By Shashwat Chauhan Jan 24 (Reuters) – Canada’s main stock index fell on Tuesday, as energy and consumer discretionary stocks dragged the index lower ahead of the Bank of Canada’s interest rate decision on Wednesday, while data showed U.S. business activity contracted. At 10:22 a.m. ET (1522 GMT), the… Continue reading CANADA STOCKS-Energy, consumer weigh on Toronto stocks ahead of BoC decision
Magna Updates 2022 Outlook to Reflect Preliminary Full Year 2022 Results
Magna International Inc. AURORA, Ontario, Jan. 24, 2023 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has updated its 2022 outlook to reflect an expected Adjusted EBIT Margin1 below the range disclosed in its press release dated November 4, 2022. Based on preliminary unaudited results, total sales for 2022… Continue reading Magna Updates 2022 Outlook to Reflect Preliminary Full Year 2022 Results
Lear (NYSE:LEA) shareholders have endured a 24% loss from investing in the stock five years ago
Lear Corporation (NYSE:LEA) shareholders should be happy to see the share price up 14% in the last month. But that doesn’t change the fact that the returns over the last five years have been less than pleasing. After all, the share price is down 30% in that time, significantly under-performing the market. So let’s have… Continue reading Lear (NYSE:LEA) shareholders have endured a 24% loss from investing in the stock five years ago
A Davos First-Timer’s Recap on What 4 CEOs Told Us in Switzerland
Investor’s Business Daily Intuitive Surgical Stock Hits 80-Plus Relative Strength Rating Benchmark When looking for the best stocks to buy and watch, focus on those with rising relative price strength. One stock that fits that bill is Intuitive Surgical stock, which had its Relative Strength (RS) Rating upgraded from 73 to 81 Monday. As you… Continue reading A Davos First-Timer’s Recap on What 4 CEOs Told Us in Switzerland