Author: Yarhow_Finance Online News

Autoliv accelerates its global structural cost reductions; aims to close sites in Elmshorn, Germany and Congleton, United Kingdom

STOCKHOLM, July 13, 2023 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV ) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, announces its first steps in adjusting its geographic footprint and aims to close its sites in Elmshorn, Germany and Congleton, United Kingdom. Autoliv is accelerating its global structural cost reductions, particularly within its European operations.… Continue reading Autoliv accelerates its global structural cost reductions; aims to close sites in Elmshorn, Germany and Congleton, United Kingdom

Mitsubishi’s China JV to cut staff costs after SUV sales dive

BEIJING/SHANGHAI (Reuters) – Mitsubishi Motors’ joint venture with China’s Guangzhou Automobile Group (GAC) on Thursday said it would cut staff costs to try to revive its fortunes after sharp sales declines for sport utility vehicles (SUV) such as the Outlander. State-owned automaker GAC said in a statement the venture would look to “optimise” its employment… Continue reading Mitsubishi’s China JV to cut staff costs after SUV sales dive

Pick These 4 Low P/CF Stocks to Garner Superior Returns

We always try to hit the jackpot while picking stocks. But striking the right chord each time is not easy unless blessed with Midas touch. When it comes to the investment market, experts consider value style as one of the most effective approaches. Value investing is essentially about selecting stocks that have good things going… Continue reading Pick These 4 Low P/CF Stocks to Garner Superior Returns

Here Is Why Bargain Hunters Would Love Fast-paced Mover Magna (MGA)

Momentum investing is essentially an exception to the idea of “buying low and selling high.” Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that “buying high and selling higher” is the way to make far more money in… Continue reading Here Is Why Bargain Hunters Would Love Fast-paced Mover Magna (MGA)

5 Low Price-to-Book Stocks Worth Buying in July

When evaluating a company’s value, investors mostly look at a stock’s price-to-earnings (P/E) or price-to-Sales (P/S) ratio. While P/E is the ratio of annual earnings to stock price, P/S reflects the amount investors pay for each dollar of revenues generated by the company. Though P/E and P/S valuation tools are more commonly used for stock… Continue reading 5 Low Price-to-Book Stocks Worth Buying in July

Audi in talks to buy Chinese automaker SAIC’s EV platform -sources

SHANGHAI (Reuters) – Germany’s Audi is in talks with SAIC Motor Corp to buy an electric vehicle platform from the Chinese state-owned automaker, two people familiar with the matter said, an unprecedented effort to shore up market share. The move, coming as sales of Audi’s EV products fall sharply behind those of Tesla and domestic… Continue reading Audi in talks to buy Chinese automaker SAIC’s EV platform -sources

Is Trending Stock NIO Inc. (NIO) a Buy Now?

NIO Inc. (NIO) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future. Shares of this company have returned +21.6% over the past month versus the Zacks S&P 500 composite’s +3.3% change. The… Continue reading Is Trending Stock NIO Inc. (NIO) a Buy Now?

NIO Inc. Announces Closing of Strategic Equity Investment from CYVN

SHANGHAI, China, July 12, 2023 (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 has closed the US$738.5 million strategic equity investment from CYVN Investments RSC Ltd, an affiliate of CYVN Holdings… Continue reading NIO Inc. Announces Closing of Strategic Equity Investment from CYVN

Is Lear (LEA) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Looking at the history of these trends, perhaps none is more beloved than value… Continue reading Is Lear (LEA) Stock Undervalued Right Now?