Goodyear Tire & Rubber Co. shares fell 11% in the extended session Monday after the tire maker reported third-quarter earnings below Wall Street expectations and said “challenges” with inflation and a stronger dollar remain. Goodyear earned $44 million, or 16 cents a share, in the quarter, compared with $132 million, or 46 cents a share,… Continue reading Goodyear stock falls 11% after Q3 results disappoint on inflation, stronger dollar
Author: Yarhow_Finance Online News
GWM ORA Lightning Cat Rolled Out with Emphasis on Safety
BAODING, China, Nov. 1, 2022 /PRNewswire/ — On October 31st, GWM ORA launched a pure electric model called Lightning Cat (for the Chinese market) in China, which was unveiled at the Paris Motor Show 2022 recently. GWM ORA Lightning Cat Rolled Out with Emphasis on Safety (PRNewsfoto/GWM) At the launch event, Dong Yudong, CEO of the… Continue reading GWM ORA Lightning Cat Rolled Out with Emphasis on Safety
Alibaba and Nio among Chinese stocks surging as hopes build for country’s reopening
Motley Fool Why Fastly, Roku, and Shopify Stocks Popped Today Tuesday is looking like a good day for investing in tech stocks, as shares of edge cloud provider Fastly (NYSE: FSLY) gains 2.5%, TV streamer Roku (NASDAQ: ROKU) picks up 4.4%, and online shopping tech company Shopify (NYSE: SHOP) leads the pack higher with a… Continue reading Alibaba and Nio among Chinese stocks surging as hopes build for country’s reopening
XPeng stock bounces off record low despite drop in deliveries, other China-based EVs also surge
Benzinga Shares Of Chinese EV Makers XPeng, Li Auto Gain After Robust October Vehicle Deliveries Chinese smart electric vehicle makers XPeng Inc (NYSE: XPEV) and Li Auto Inc (NASDAQ: LI) delivered 5,101 and 10,052 vehicles, respectively, in October 2022. XPeng’s deliveries consisted of 2,104 smart sports sedan, P7s, 1,665 smart family sedans, P5s and 709… Continue reading XPeng stock bounces off record low despite drop in deliveries, other China-based EVs also surge
Nio posts 10,059 October deliveries, stock pops amid broader China rally
Nio Inc. said Tuesday morning that it delivered 10,059 vehicles during the month of October, bringing the Chinese electric-vehicle company’s year-to-date deliveries up to 92,493. Nio announced that its October deliveries consisted of 5,979 premium smart electric SUVs as well as 4,080 premium smart electric sedans. “The vehicle production and delivery were constrained by operation… Continue reading Nio posts 10,059 October deliveries, stock pops amid broader China rally
Individual investors own 28% of Continental Aktiengesellschaft (ETR:CON) shares but private companies control 46% of the company
If you want to know who really controls Continental Aktiengesellschaft (ETR:CON), then you’ll have to look at the makeup of its share registry. We can see that private companies own the lion’s share in the company with 46% ownership. That is, the group stands to benefit the most if the stock rises (or lose the… Continue reading Individual investors own 28% of Continental Aktiengesellschaft (ETR:CON) shares but private companies control 46% of the company
BorgWarner Recognized as a Finalist in Ragan’s Prestigious PR Daily Awards
AUBURN HILLS, Mich., Oct. 31, 2022 /PRNewswire/ — BorgWarner has been named as a finalist in Ragan’s PR Daily Awards in the re-branding and re-positioning category. BorgWarner Logo (PRNewsfoto/BorgWarner) Ragan’s PR Daily Awards showcases the top communications campaigns, events, initiatives, publications and more that were instrumental in the success of organizations and clients. BorgWarner was chosen… Continue reading BorgWarner Recognized as a Finalist in Ragan’s Prestigious PR Daily Awards
Adient announces appointment of Jerome Dorlack as company’s executive vice president and chief financial officer
PLYMOUTH, Mich., Oct. 31, 2022 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced that Jerome Dorlack, Adient’s current executive vice president, Americas, and an automotive industry veteran, will be appointed executive vice president and chief financial officer (CFO), effective Dec. 1, 2022. Dorlack’s appointment follows Jeff Stafeil’s decision to resign… Continue reading Adient announces appointment of Jerome Dorlack as company’s executive vice president and chief financial officer
Alibaba stock drops toward 6 1/2-year low, as weak data in China clips U.S. shares of China-based companies
Reuters EV battery production faces supply chain, geopolitical headwinds – report The auto industry information provider said original equipment manufacturers’ battery-electric and hybrid vehicle sales aspirations will face strong headwinds as they scramble for raw materials, with annual market demand for lithium-ion batteries pegged at about 3.4 Terawatt hours (TWh) by 2030. S&P Global Mobility… Continue reading Alibaba stock drops toward 6 1/2-year low, as weak data in China clips U.S. shares of China-based companies
NIO Inc. to Report Third Quarter 2022 Financial Results on Thursday, November 10, 2022
SHANGHAI, China, Oct. 31, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its third quarter 2022 unaudited financial results on Thursday, November 10, 2022, before the open of… Continue reading NIO Inc. to Report Third Quarter 2022 Financial Results on Thursday, November 10, 2022