Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Aptiv PLC (APTV) one of those stocks right now? Let’s take a closer look at the stock’s year-to-date performance to find out. Aptiv PLC is a member of our Business Services group, which includes 330 different… Continue reading Has Aptiv (APTV) Outpaced Other Business Services Stocks This Year?
Author: Yarhow_Finance Online News
UPDATE 1-Costs from supply chain disruptions drop by over 50% but headwinds remain -survey
(Adds context about survey in third paragraph, references to companies in last paragraph) Aug 9 (Reuters) – Financial losses due to supply chain disruptions dropped more than 50% on average in 2022, compared with a year earlier, but shortages and delivery delays remain challenges, according to a survey of companies being released on Thursday. Disruptions… Continue reading UPDATE 1-Costs from supply chain disruptions drop by over 50% but headwinds remain -survey
Mastercard (MA), Airtel Africa to Boost Money Transfers in Africa
Mastercard Incorporated MA recently collaborated with the leading telecommunications and mobile money services provider, Airtel Africa, in order to launch an innovative cross-border remittance service across the continent. The innovative service will pave the way for 100 million-plus Airtel Africa mobile phone users located across 14 African markets to seamlessly and safely engage in money… Continue reading Mastercard (MA), Airtel Africa to Boost Money Transfers in Africa
U.S. judge greenlights Nio investor class action over factory claims
By Jody Godoy (Reuters) – Nio Inc investors can proceed as a class in a lawsuit claiming the Chinese electric vehicle maker lied about building its own factory in Shanghai during its 2018 initial public offering, a U.S. judge has ruled. The lawsuit in federal court in New York seeks damages from Nio, its executives… Continue reading U.S. judge greenlights Nio investor class action over factory claims
BYD Rolled Off Its 5 Millionth New Energy Vehicle
SHENZHEN, China, August 09, 2023–(BUSINESS WIRE)–BYD, the world’s leading manufacturer of new energy vehicles and power batteries, rolled off its 5 millionth new energy vehicle (NEV), a DENZA N7, today, making it the first automaker in the world to achieve this milestone. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230809623981/en/ BYD rolled… Continue reading BYD Rolled Off Its 5 Millionth New Energy Vehicle
Mobis received a large-scale order for EV components from a major global automaker
Secured an extensive order for Battery System Assembly (BSA), a key EV component, from Volkswagen AG, the largest European automaker. BSA to be integrated into the next generation EV-exclusive platforms and supplied from a new local production base to be built near the automaker’s plant. A global acknowledgment of its 10+ years of expertise in… Continue reading Mobis received a large-scale order for EV components from a major global automaker
Government Spending Will Propel the S&P 500 Higher, Says Kevin O’Leary — Here Are 3 ‘Strong Buy’ Stocks to Bet on It
The S&P 500 has notched some very respectable returns this year, but there’s reason to believe it is only the beginning of a sustained multiyear rally. At least, that is the opinion of ‘Shark Tank’ star Kevin O’Leary, who believes that while various sectors of the US economy will be dealing with a series of… Continue reading Government Spending Will Propel the S&P 500 Higher, Says Kevin O’Leary — Here Are 3 ‘Strong Buy’ Stocks to Bet on It
New Strong Sell Stocks for August 9th
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: BorgWarner BWA is a global leader in clean and efficient technology solutions required for combustion, hybrid and electric vehicles. The Zacks Consensus Estimate for its current year earnings has been revised 26.5% downward over the last 60 days. ARMOUR Residential REIT… Continue reading New Strong Sell Stocks for August 9th
UPDATE 1-Aptiv expects semiconductor prices to remain high
(Adds details and background) Aug 9 (Reuters) – Aptiv PLC does not expect semiconductor prices to cool off in the near future, the auto parts supplier said on Wednesday. Even though supply-chain challenges are easing, prices of certain parts remain high, denting profits. The company said the “real challenge” is in obtaining chips, whose prices… Continue reading UPDATE 1-Aptiv expects semiconductor prices to remain high
Goodyear (GT) Q2 Earnings & Revenues Miss Estimates, Fall Y/Y
Goodyear Tire GT delivered a second-quarter 2023 adjusted loss per share of 34 cents, wider than the Zacks Consensus Estimate of 15 cents, which decreased from earnings of 46 cents per share reported in the year-ago quarter. The company generated net revenues of $4,867 million, falling 6.6% on a year-over-year basis and missing the Zacks… Continue reading Goodyear (GT) Q2 Earnings & Revenues Miss Estimates, Fall Y/Y