(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
Author: Yarhow_Finance Online News
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
These Are The 6 Best EV Stocks To Buy And Watch Now
Barrons.com Stock Futures Fall as Moody’s Puts Banks on Watch and China Data Disappoint U.S. stock futures pointed lower Tuesday after Moody’s Investors Service placed a number of U.S. banks on review for downgrade and disappointing Chinese trade data heightened concerns over global demand. All three indexes rallied Monday, with the Dow notching its first… Continue reading These Are The 6 Best EV Stocks To Buy And Watch Now
Is Now The Time To Put Magna International (TSE:MG) On Your Watchlist?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. But the reality is that when a company loses money each year, for long enough, its investors will usually… Continue reading Is Now The Time To Put Magna International (TSE:MG) On Your Watchlist?
Magna (MGA) Tops Q2 Earnings Estimates, Lifts ’23 Sales View
Magna International MGA reported second-quarter 2023 adjusted earnings of $1.50 per share, up 80.7% on a year-over-year basis. The bottom line also surpassed the Zacks Consensus Estimate of $1.25 a share. Better-than-expected revenues across all segments led to the outperformance. In the reported quarter, net sales increased 17% from the prior-year quarter to $10,982 million, surpassing… Continue reading Magna (MGA) Tops Q2 Earnings Estimates, Lifts ’23 Sales View
Magna (MGA) Tops Q2 Earnings Estimates, Lifts ’23 Sales View
Magna International MGA reported second-quarter 2023 adjusted earnings of $1.50 per share, up 80.7% on a year-over-year basis. The bottom line also surpassed the Zacks Consensus Estimate of $1.25 a share. Better-than-expected revenues across all segments led to the outperformance. In the reported quarter, net sales increased 17% from the prior-year quarter to $10,982 million, surpassing… Continue reading Magna (MGA) Tops Q2 Earnings Estimates, Lifts ’23 Sales View
Magna (MGA) Tops Q2 Earnings Estimates, Lifts ’23 Sales View
Magna International MGA reported second-quarter 2023 adjusted earnings of $1.50 per share, up 80.7% on a year-over-year basis. The bottom line also surpassed the Zacks Consensus Estimate of $1.25 a share. Better-than-expected revenues across all segments led to the outperformance. In the reported quarter, net sales increased 17% from the prior-year quarter to $10,982 million, surpassing… Continue reading Magna (MGA) Tops Q2 Earnings Estimates, Lifts ’23 Sales View
Nio: Buy, Sell, or Hold?
Reuters US trucking firm Yellow files for bankruptcy, blasts Teamsters (Reuters) -Some 30,000 workers at Yellow Corp were looking for jobs on Monday after the major trucking company filed for Chapter 11 bankruptcy protection, potentially saddling U.S. taxpayers with losses from a government rescue of the long-troubled carrier. It laid blame for the bankruptcy, likely… Continue reading Nio: Buy, Sell, or Hold?
Reaching The Finish Line Of The EV Race Is A Daunting Task, One That Some Won’t Be Able To Accomplish
For all those who are not Tesla Inc (NASDAQ: TSLA) or one of the biggest Chinese EV makers, the EV venture is wildly risky ride that makes profitability seem like mission impossible sometimes. Although Kelley Blue Book reported that EV sales skyrocketed 65% last year while automotive sales contracted 8%, the EV adoption is everything but fast as… Continue reading Reaching The Finish Line Of The EV Race Is A Daunting Task, One That Some Won’t Be Able To Accomplish
Is BorgWarner Inc (BWA) Stock Worth the Investment? A Comprehensive Valuation Analysis
On August 4, 2023, BorgWarner Inc (NYSE:BWA) saw a daily gain of 2.71%, with its stock price standing at $42.52. The company’s Earnings Per Share (EPS) was reported at 4.05. But is the stock fairly valued? This article aims to answer this question through a comprehensive analysis of BorgWarner’s valuation. Let’s delve in. A Closer… Continue reading Is BorgWarner Inc (BWA) Stock Worth the Investment? A Comprehensive Valuation Analysis