General Electric Company’s GE unit GE Vernova’s Grid Solutions business has secured a deal from Germany-based Amprion GmbH, one of four transmission system operators in the country, to deliver power transformers to upgrade Amprion’s grid to accommodate more energy generation. GE Vernova is the combined operations of GE Digital, Renewable Energy and GE Power. Its… Continue reading General Electric (GE) Unit Wins Transformer Deal in Germany
Author: Yarhow_Finance Online News
Here’s Why Investors Should Retain Graco (GGG) Stock Now
Graco Inc. GGG is gaining from strength in the Industrial and Process segments, and investments in product innovation, despite increasing costs and forex woes. The company is also facing weakness in the Contractor segment due to lower demand in the home center channel, slowing construction markets in China and softer demand in the North America… Continue reading Here’s Why Investors Should Retain Graco (GGG) Stock Now
Aptiv PLC’s (NYSE:APTV) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Most readers would already be aware that Aptiv’s (NYSE:APTV) stock increased significantly by 5.7% over the past month. Given that stock prices are usually aligned with a company’s financial performance in the long-term, we decided to study its financial indicators more closely to see if they had a hand to play in the recent price… Continue reading Aptiv PLC’s (NYSE:APTV) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Adient announces Jodi Eddy to join automotive seating supplier’s Board of Directors
PLYMOUTH, Mich., Sept. 19, 2023 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced the appointment of Jodi Eddy to Adient’s Board of Directors, effective Sept. 19, 2023. Eddy will serve as a member of the Audit Committee and Corporate Governance Committee of the Board. Following her appointment, the Board will comprise nine directors,… Continue reading Adient announces Jodi Eddy to join automotive seating supplier’s Board of Directors
Unveiling Goodyear Tire & Rubber Co’s Value: Is It Really Priced Right? A Comprehensive Guide
Goodyear Tire & Rubber Co (NASDAQ:GT) ended the trading day with a 5% gain, despite a 4.27% loss over the past three months. The company reported a Loss Per Share of 1.29. Is the stock modestly undervalued considering these figures? This article aims to answer that question through a detailed valuation analysis. Read on for… Continue reading Unveiling Goodyear Tire & Rubber Co’s Value: Is It Really Priced Right? A Comprehensive Guide
Nio’s $1 Billion Convertible Bond Adds to Asian Sales Boom
(Bloomberg) — Equity-linked debt issuance by Asian firms is set for its busiest quarter since March 2022, with a $1 billion convertible bond from Chinese electric-vehicle maker Nio Inc. adding to signs of growing demand for the hybrid instruments. Most Read from Bloomberg Including Nio’s latest deal, proceeds raised via such notes by the region’s… Continue reading Nio’s $1 Billion Convertible Bond Adds to Asian Sales Boom
NIO’s Shares Fall on Plans to Raise $1 Billion via Convertible Bonds
Bloomberg Instacart Founder Exits With $1.1 Billion Fortune After IPO (Bloomberg) — Instacart co-founder Apoorva Mehta is checking out with a $1.1 billion fortune following the grocery-delivery company’s initial public offering.Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingTrudeau’s Murder Claim Risks Upending US Courtship of IndiaF-35 Debris… Continue reading NIO’s Shares Fall on Plans to Raise $1 Billion via Convertible Bonds
UPDATE 1-Chinese EV maker Nio raises $1 bln in convertible bond deal
(Adds Nio’s Hong Kong share price drop in paragraph 4) By Scott Murdoch SYDNEY, Sept 20 (Reuters) – Chinese electric vehicle maker Nio Inc said on Wednesday it had raised $1 billion in a two-tranche convertible bond from which it intends to use the proceeds to pay down debt and strengthen its balance sheet. The… Continue reading UPDATE 1-Chinese EV maker Nio raises $1 bln in convertible bond deal
CATL to Supply Batteries for Australia’s Shift Away From Coal
(Bloomberg) — Contemporary Amperex Technology Co. Ltd., the biggest electric car battery producer, will supply energy storage systems to Western Australia as the state aims to meet a target to phase out coal power by 2030. Most Read from Bloomberg Premier Roger Cook’s government awarded A$1 billion ($644 million) of contracts under plans to build… Continue reading CATL to Supply Batteries for Australia’s Shift Away From Coal
The Mission to Create Europe’s Battery Hub, Whatever the Cost
(Bloomberg) — Next to fields of corn and sunflowers near the city of Debrecen in eastern Hungary, workers in hard hats pour concrete into the foundations of what will be Europe’s biggest factory making batteries for electric vehicles. Most Read from Bloomberg The airport-sized project by China’s Contemporary Amperex Technology Co. Ltd. is the jewel… Continue reading The Mission to Create Europe’s Battery Hub, Whatever the Cost