In this article, we discuss 10 Chinese stocks investors are shorting. If you want to skip our discussion about the turmoil in the Chinese economy, go directly to Investors are Shorting These 5 Chinese Stocks. NIO Inc. (NYSE:NIO), KE Holdings Inc. (NYSE:BEKE), and TAL Education Group (NYSE:TAL) are some of the stocks that investors are… Continue reading Investors are Shorting These 10 Chinese Stocks
Author: Yarhow_Finance Online News
Why Nio, XPeng, and Canoo All Shot Higher Today
Stocks of many early-stage electric vehicle (EV) companies are on the move higher Thursday. Shares of China-based Nio (NYSE: NIO) and XPeng (NYSE: XPEV) were up 4.7% and 7.5%, respectively, as of 12:45 p.m. ET. After popping as much as 20%, the stock of U.S.-based Canoo (NASDAQ: GOEV) remained up 6.1% at that time. Go… Continue reading Why Nio, XPeng, and Canoo All Shot Higher Today
EV sales rise 63% in the first half of 2022 amid gas inflation
Yahoo Finance’s Pras Subramanian and Akiko Fujita discuss the adoption of electric vehicles in the first half of 2022 and what brands are benefiting most. Video Transcript AKIKO FUJITA: Well, gas prices are continuing to trend lower. The national average here falling below $4 for the first time since March. We’re talking about the lowest… Continue reading EV sales rise 63% in the first half of 2022 amid gas inflation
IIROC Trading Halt – LNR
TORONTO, Aug. 10, 2022 /CNW/ – The following issues have been halted by IIROC: Company: Linamar Corporation TSX Symbol: LNR All Issues: Yes Reason: Pending News Halt Time (ET): 4:03 PM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented… Continue reading IIROC Trading Halt – LNR
IIROC Trade Resumption – LNR
TORONTO, Aug. 10, 2022 /CNW/ – Trading resumes in: Company: Linamar Corporation TSX Symbol: LNR All Issues: Yes Resumption (ET): 4:30 PM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is… Continue reading IIROC Trade Resumption – LNR
Strong Markets and Market Share Performance Drive Earnings Growth at Linamar Despite Tough Cost Environment
Cision Excellent new business wins (“NBW”) take launch book to nearly $4.9 billion; Sales up 28.2% for Industrial due to strong agricultural and access sales on stronger markets and market share growth; Sales up 25.0% for Mobility on stronger markets and cost recoveries; Two acquisitions completed in the quarter; Strong content per vehicle1 growth in… Continue reading Strong Markets and Market Share Performance Drive Earnings Growth at Linamar Despite Tough Cost Environment
Goodyear (GT) Q2 Earnings & Revenues Beat Estimates, Up Y/Y
Goodyear Tire GT reported second-quarter 2022 adjusted earnings per share of 46 cents, surpassing the Zacks Consensus Estimate of 43 cents. Higher-than anticipated revenues in the Americas and Asia Pacific segments and a rise in operating income in the Americas segment buoyed the results. The bottom line increased 43.7% from the year-ago figure of 32… Continue reading Goodyear (GT) Q2 Earnings & Revenues Beat Estimates, Up Y/Y
NIO: Mounting Headwinds Batter Investor Confidence
NIO Inc. (NYSE:NIO) struggled in the first half of 2022 as economic turmoil and supply issues slowed production and sales growth. The Chinese electric vehicle maker has guided for a substantial uptick in the second half of the year. Investors do not seem wholly convinced, however. The company will have an opportunity to address these… Continue reading NIO: Mounting Headwinds Batter Investor Confidence
The five-year decline in earnings for Autoliv NYSE:ALV) isn’t encouraging, but shareholders are still up 15% over that period
While not a mind-blowing move, it is good to see that the Autoliv, Inc. (NYSE:ALV) share price has gained 13% in the last three months. But if you look at the last five years the returns have not been good. You would have done a lot better buying an index fund, since the stock has… Continue reading The five-year decline in earnings for Autoliv NYSE:ALV) isn’t encouraging, but shareholders are still up 15% over that period
Adient (ADNT) Beats on Q3 Earnings & Sales, Revises FY22 View
Adient ADNT reported adjusted earnings per share of 8 cents in the third quarter of fiscal 2022. The Zacks Consensus Estimate was pegged at a loss of 2 cents. The bottom line reversed from the year-ago loss of 53 cents per share. The outperformance stemmed from higher-than-anticipated sales from the Americas and Asia segments and… Continue reading Adient (ADNT) Beats on Q3 Earnings & Sales, Revises FY22 View