(Bloomberg) — Uber Technologies Inc. plans to launch a driverless food-delivery pilot program in the U.S. next year, the company announced on Thursday. Most Read from Bloomberg The ride-hailing giant is partnering with Motional Inc., an autonomous driving joint venture between Hyundai Motor Co. and Aptiv Plc., to test Uber Eats deliveries in California. The… Continue reading Uber to Pilot Driverless Food Delivery in California in 2022
Author: Yarhow_Finance Online News
Cummins (CMI) Sanctions Share-Buyback Program Worth $2B
Cummins Inc. CMI recently disclosed that its board of directors has authorized a common stock repurchase program of $2 billion. This announcement comes in as the company concludes its prior authorization of $2 billion, announced in 2019. The latest share repurchase program reiterates Cummins’ commitment to boosting shareholders’ value and showcases its confidence in its… Continue reading Cummins (CMI) Sanctions Share-Buyback Program Worth $2B
AutoZone (AZO) Boosts Share Buyback Program on Stellar Results
AutoZone, Inc.’s AZO board of directors recently authorized the buyback of an additional $1.5 billion of its common stock related to its ongoing share-repurchase program. The company commenced its share-repurchase program in 1998. AutoZone’s board has authorized $29.2 billion in share repurchases in total to date, including the above amount. AutoZone, which had tapped brakes… Continue reading AutoZone (AZO) Boosts Share Buyback Program on Stellar Results
Why Nio Stock Got Crushed Today
MarketWatch S&P 500 opens above record close as stocks extend post-Fed rally Stocks opened higher Thursday, with the S&P 500 trading above its record close of 4,712.02 set on Dec. 10, a day after the Federal Reserve announced its plan to wind down its bond-buying program by March and penciled in three rate increases in… Continue reading Why Nio Stock Got Crushed Today
Buy NIO Stock Ahead of This Event, Says Analyst
No two ways about it, Nio (NIO) stock has been in a rut and unable to shake off the bearish sentiment. Shares are down 25% over the past month alone, due to a combination of factors, including the fear of US delisting for Chinese stocks and a generally tough environment for growth names. However, the… Continue reading Buy NIO Stock Ahead of This Event, Says Analyst
XPeng CEO details ‘explosion’ of electric vehicle adoption in China
China’s electric vehicle (EV) market has seen tremendous growth so far in 2021. “This year we certainly saw an explosion of EV penetration,” Brian Gu, president and vice chairman of XPeng Motors, a Chinese EV maker, told Yahoo Finance Live (video above). “So let’s say a year ago, it’s a roughly 5% penetration. And as… Continue reading XPeng CEO details ‘explosion’ of electric vehicle adoption in China
Eventide Dividend Opportunities Fund Buys Hannon Armstrong Sustainable Infrastructure Capita, …
Investment company Eventide Dividend Opportunities Fund (Current Portfolio) buys Hannon Armstrong Sustainable Infrastructure Capita, Element Solutions Inc, Live Oak Bancshares Inc, Advanced Drainage Systems Inc, nVent Electric PLC, sells Equinix Inc, First Horizon Corp, MSCI Inc, Synovus Financial Corp, Magna International Inc during the 3-months ended 2021Q3, according to the most recent filings of the… Continue reading Eventide Dividend Opportunities Fund Buys Hannon Armstrong Sustainable Infrastructure Capita, …
Ab Sustainable International Thematic Fund Inc Buys STMicroelectronics NV, Dassault Systemes …
Investment company Ab Sustainable International Thematic Fund Inc (Current Portfolio) buys STMicroelectronics NV, Dassault Systemes SE, MediaTek Inc, Smurfit Kappa Group PLC, Autoliv Inc, sells STMicroelectronics NV, Smurfit Kappa Group PLC, Lufax Holding, Apollo Hospitals Enterprise, Credicorp during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Ab Sustainable International… Continue reading Ab Sustainable International Thematic Fund Inc Buys STMicroelectronics NV, Dassault Systemes …
Vip Value Strategies Portfolio Buys Crane Co, Adtalem Global Education Inc, Curtiss-Wright …
Investment company Vip Value Strategies Portfolio (Current Portfolio) buys Crane Co, Adtalem Global Education Inc, Curtiss-Wright Corp, Dollar Tree Inc, NCR Corp, sells Mattel Inc, Capital One Financial Corp, Americold Realty Trust, Fairfax Financial Holdings, Bristol-Myers Squibb Co during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Vip Value… Continue reading Vip Value Strategies Portfolio Buys Crane Co, Adtalem Global Education Inc, Curtiss-Wright …
Factors Deciding the Fate of Winnebago’s (WGO) Q1 Earnings
Winnebago Industries WGO is scheduled to release first-quarter fiscal 2022 results on Dec 17, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings per share and revenues is pegged at $2.29 and $1 billion, respectively. One of the leading recreational vehicle (RV) makers, Winnebago posted better-than-expected earnings in the last reported… Continue reading Factors Deciding the Fate of Winnebago’s (WGO) Q1 Earnings