AP Finance J&J sales in US rise 10%, health care giant raises dividend Johnson & Johnson beat first-quarter expectations, as growth in cancer treatments and the health care giant’s home market helped counter another revenue hit from the strong dollar. The health care giant booked a $68 million loss on a one-time charge in the… Continue reading The Fed Says a Recession Is Coming: 3 Magnificent Growth Stocks to Buy Now
Author: Yarhow_Finance Online News
China EV stocks rally after XPeng unveils ‘stunning’ cost savings, new production process
Chinese electric vehicle stocks rose on Monday as XPeng (XPEV) announced a new production process that it says will lower costs. The updated Smart Electric Platform Architecture, known as SEPA 2.0, will optimize research and development cycles by 20%, according to the company. “It will make rapid advancements in technology available for our customers as… Continue reading China EV stocks rally after XPeng unveils ‘stunning’ cost savings, new production process
Magna Adds to Its Complete Vehicle Manufacturing Lineup With an All-New Electric Vehicle From INEOS Automotive
Magna International Inc. Magna’s Graz Facility Magna to engineer and build INEOS Automotive’s off-road electric vehicle New business award includes engineering and manufacturing of the INEOS Automotive electric off-road vehicle Production expected to start in 2026 Builds on Magna’s expertise as the largest multi-OEM complete vehicle manufacturer AURORA, Ontario, April 17, 2023 (GLOBE NEWSWIRE) —… Continue reading Magna Adds to Its Complete Vehicle Manufacturing Lineup With an All-New Electric Vehicle From INEOS Automotive
Dana Incorporated to Announce 2023 First-quarter Financial Results, Host Conference Call and Webcast on April 28
MAUMEE, Ohio, April 17, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) will release its 2023 first-quarter financial results on Friday, April 28, 2023. A press release will be issued at approximately 7 a.m. EDT, followed by a conference call and webcast at 9 a.m. EDT. Members of the company’s senior management team will be available… Continue reading Dana Incorporated to Announce 2023 First-quarter Financial Results, Host Conference Call and Webcast on April 28
Dana Expands Support for Energy Transition through Development of Metallic Bipolar Plates for Hydrogen Electrolyzers
HANOVER, Germany, April 17, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced the development of metallic bipolar plates specifically engineered to maximize the performance and accelerate the commercialization of proton exchange membrane (PEM) electrolyzers used to produce hydrogen fuel. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) Debuting at Hannover Messe this week in hall 13, stand… Continue reading Dana Expands Support for Energy Transition through Development of Metallic Bipolar Plates for Hydrogen Electrolyzers
Garrett Motion (GTX) Earnings Expected to Grow: Should You Buy?
The market expects Garrett Motion (GTX) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2023. This widely-known consensus outlook is important in assessing the company’s earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare… Continue reading Garrett Motion (GTX) Earnings Expected to Grow: Should You Buy?
Adient’s (NYSE:ADNT) Returns On Capital Tell Us There Is Reason To Feel Uneasy
When we’re researching a company, it’s sometimes hard to find the warning signs, but there are some financial metrics that can help spot trouble early. A business that’s potentially in decline often shows two trends, a return on capital employed (ROCE) that’s declining, and a base of capital employed that’s also declining. This indicates to… Continue reading Adient’s (NYSE:ADNT) Returns On Capital Tell Us There Is Reason To Feel Uneasy
FORVIA FAURECIA: FIRST-QUARTER 2023 SALES
FAURECIA Nanterre (France), April 17, 2023 FIRST-QUARTER 2023 SALES SALES GROWTH OF +29% IN THE QUARTER TO €6.6bn DRIVEN BY ORGANIC GROWTH OF +17.6% in €m Q1 2022 as Q1 2022 Currency Organic Scope effect Q1 2023 Reported released in April 22 IFRS 5* effect growth (Hella 1 month) change Group sales 5,322 5,149… Continue reading FORVIA FAURECIA: FIRST-QUARTER 2023 SALES
The Green Energy Factory Facing a Storm of China Backlash
AP Finance Europe’s most powerful nuclear reactor kicks off in Finland Finland’s much-delayed and costly new nuclear reactor, Europe’s most powerful by production capacity, has completed a test phase lasting over a year and started regular output, boosting the Nordic country’s electricity self-sufficiency significantly. The Olkiluoto 3 reactor, which has 1,600-megawatt capacity, was connected into… Continue reading The Green Energy Factory Facing a Storm of China Backlash
3 EV Stocks That Are Too Risky to Touch Right Now
This hasn’t been a good year for EV stocks. While the future is certainly electric, EV makers have had a difficult time dealing with the China lockdown and supply chain issues. The EV bubble may not burst anytime soon but a lot of companies could end up losing money. Many EV stocks have taken a… Continue reading 3 EV Stocks That Are Too Risky to Touch Right Now