Today we’re going to take a look at the well-established Lear Corporation (NYSE:LEA). The company’s stock received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to US$203 at one point, and dropping to the lows of US$162. Some share price movements can give investors a… Continue reading Is It Time To Consider Buying Lear Corporation (NYSE:LEA)?
Author: Yarhow_Finance Online News
Adient (ADNT) Down 2.5% Since Q3 Loss, Slashes FY21 View
Adient PLC’s ADNT shares have depreciated 2.5% since the company announced third-quarter fiscal 2021 results on Aug 5, before the opening bell. Investors were left disappointed as Adient slipped to a loss in the June-end quarter, snapping its profit streak since fiscal fourth-quarter 2020. Supply-chain disruptions amid shortage of semiconductors and rising commodity prices hurt… Continue reading Adient (ADNT) Down 2.5% Since Q3 Loss, Slashes FY21 View
Goodyear CEO on getting back to pre-pandemic levels: People are ‘replacing tires right now’
Goodyear Chairman and CEO Richard Kramer — the second longest serving CEO in the tire maker’s 123-year history — says the good times are likely to keep rolling for his industrial giant over the next year. Credit for that will probably come from consumers continuing to reinvest in their vehicles amid sky high used car… Continue reading Goodyear CEO on getting back to pre-pandemic levels: People are ‘replacing tires right now’
Nio vs. XPeng: Which is Coasting Toward Upside?
The sale of Electric Vehicles (EVs) in China is booming due to the Chinese government’s push towards electric vehicles. According to a Reuters report from last week, EV sales in July at Chinese automakers like Li Auto (LI) and XPeng (XPEV) more than tripled from the same period a year back. However, according to a… Continue reading Nio vs. XPeng: Which is Coasting Toward Upside?
How to value Nio’s stock compared to Tesla, VW, Ford and other rivals
Barrons.com Delta Is Hitting These Travel Stocks More Than Others The Delta variant appears to be taking a bite out of what had been a resurgent U.S. leisure-travel segment, though the evidence is anecdotal and fraught with crosscurrents. The federal Transportation Security Administration on Tuesday screened 1,727,075 individuals nationwide, the lowest level since June 15… Continue reading How to value Nio’s stock compared to Tesla, VW, Ford and other rivals
NIO’s Q2 Loss Narrows, Sales Jump Y/Y, Q3 Outlook Robust
NIO Inc. NIO reported second-quarter 2021 loss per American Depositary Share (ADS) of 7 cents, narrower than the year-ago loss of 16 cents owing to higher revenues. The China-based electric vehicle maker posted revenues of $1,308.4 million, up a whopping 127.2%, year over year. Robust deliveries in second-quarter 2021 led to this outperformance. NIO delivered… Continue reading NIO’s Q2 Loss Narrows, Sales Jump Y/Y, Q3 Outlook Robust
Magna (MGA) Q2 Earnings & Sales Miss Mark, Trims ’21 View
Magna International MGA reported second-quarter 2021 adjusted earnings of $1.40 per share, turning around from the loss of $1.71 incurred in the year-ago period. The bottom line, however, missed the Zacks Consensus Estimate of $1.44 per share. For the reported quarter, net sales skyrocketed 114.7% from the prior-year quarter to $9,034 million but fell short… Continue reading Magna (MGA) Q2 Earnings & Sales Miss Mark, Trims ’21 View
Linamar Announces Global Exclusive Manufacturing Agreement and Investment in Automation & Robotics Gearbox Leader IMSystems
GUELPH, ON, Aug. 11, 2021 /CNW/ – Linamar Corporation (TSX: LNR) today announced that it has entered into an exclusive Global Manufacturing Agreement with Netherlands based Innovative Mechatronic Systems B.V. (IMSystems) to bring the Archimedes Drive transmission system to market, a promising technology that offers a major innovation in the Industrial Robotics & Automation sector.… Continue reading Linamar Announces Global Exclusive Manufacturing Agreement and Investment in Automation & Robotics Gearbox Leader IMSystems
Japanese shares end higher for fourth day on earnings, rising U.S. yields
TOKYO, Aug 11 (Reuters) – Japanese shares closed higher for a fourth straight session on Wednesday, helped by strong earnings from Bridgestone and other firms, while banking stocks received support from rising U.S. bond yields. The Nikkei share average climbed 0.65% to 28,070.51, its first close above 28,000 since July 16, though it could face… Continue reading Japanese shares end higher for fourth day on earnings, rising U.S. yields
How Goodyear is shaping the future of tires
Yahoo Finance’s Brian Sozzi gets a sneak peak of Goodyear’s global headquarters in Akron, Ohio before his interview with Goodyear CEO Rich Kramer. Video Transcript MYLES UDLAND: All right, welcome back to Yahoo Finance Live on this Wednesday morning. Brian Sozzi at a disclosed location, Northeastern Ohio at the Goodyear plant. Sozzi, what’s going on?… Continue reading How Goodyear is shaping the future of tires