Temporary macro factors (primarily semiconductor supply chain disruptions and rising commodity prices) continue to impact the industry and Adient’s near-term results PLYMOUTH, Mich., Aug. 5, 2021 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced third quarter 2021 financial results. (PRNewsfoto/Adient) Q3 GAAP net income and EPS diluted of $(71)M and… Continue reading Adient reports third quarter 2021 financial results
Author: Yarhow_Finance Online News
Eaton Corporation plc (ETN) Q2 2021 Earnings Call Transcript
Motley Fool 3 High-Growth Healthcare Stocks to Buy in August If you’re looking for stocks that can provide life-changing returns, the healthcare sector has exactly what want. Laboratory-to-market synthetic biology, or synbio, platforms are a dime a dozen these days, but Amyris stands head and shoulders above the rest. In March, Amyris announced success at… Continue reading Eaton Corporation plc (ETN) Q2 2021 Earnings Call Transcript
BorgWarner (BWA) Beats Q2 Earnings and Revenue Estimates
BorgWarner (BWA) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 36.71%. A quarter ago, it was expected that this… Continue reading BorgWarner (BWA) Beats Q2 Earnings and Revenue Estimates
UPDATE 2-BorgWarner lifts 2021 forecast; sees chip crunch slowing in second half
(Updates with CFO quote, analyst comment and share move) By Sanjana Shivdas Aug 4 (Reuters) – BorgWarner Inc raised its full-year earnings and revenue forecast on Wednesday, and said the impact from the global semiconductor crunch would be lower in the second half of the year. However, the auto parts maker does not expect third… Continue reading UPDATE 2-BorgWarner lifts 2021 forecast; sees chip crunch slowing in second half
Eaton (ETN) Tops Q2 Earnings and Revenue Estimates
Eaton (ETN) came out with quarterly earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.55 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.97%. A quarter ago, it was expected that this… Continue reading Eaton (ETN) Tops Q2 Earnings and Revenue Estimates
Eaton Reports Record Second Quarter 2021 Results, Raises 2021 Outlook
DUBLIN, August 03, 2021–(BUSINESS WIRE)–Power management company Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were $1.26 for the second quarter of 2021. Excluding charges of $0.25 per share related to intangible amortization, $0.18 per share related to acquisitions and divestitures, and $0.03 per share related to a multi-year restructuring program, adjusted earnings… Continue reading Eaton Reports Record Second Quarter 2021 Results, Raises 2021 Outlook
Bridgestone Americas to buy fleet management software provider for $391 mln
Aug 2 (Reuters) – Bridgestone Corp’s unit said on Monday it would buy Azuga Holdings Inc, a fleet management software provider, for $391 million to improve fleet safety at the replacement tire maker. Azuga has developed a fleet management platform with GPS tracking and accident reduction services to improve road safety and reduce fuel consumption… Continue reading Bridgestone Americas to buy fleet management software provider for $391 mln
XPeng’s stock rallies after record July delivery data, Nio’s stock slips
Share of Xpeng Inc. rallied 4.8% in premarket trading Monday, after the China-based electric vehicle maker reported July deliveries that more than tripled from a year ago and rose 22% from the previous month, to mark a second-straight monthly record. Fellow China-based EV maker Nio Inc.’s stock slipped 0.2% ahead of the open, after July… Continue reading XPeng’s stock rallies after record July delivery data, Nio’s stock slips
CATL Unveils Its Latest Breakthrough Technology by Releasing Its First Generation of Sodium-ion Batteries
Another Milestone in the Industrialization of Innovative Technologies NINGDE, China, July 29, 2021 /CNW/ — Contemporary Amperex Technology Co., Ltd. (CATL) successfully held its first online launch event “Tech Zone” on July 29. Dr. Robin Zeng, chairman of CATL, unveiled the company’s first-generation sodium-ion battery, together with its AB battery pack solution – which is… Continue reading CATL Unveils Its Latest Breakthrough Technology by Releasing Its First Generation of Sodium-ion Batteries
Magna Signs Joint Venture Agreement With LG Electronics Focussed On Powertrain Components
Bloomberg Tilray Surges as Cannabis Poised to Benefit After Lockdown (Bloomberg) — Tilray Inc. shares surged the most in more than five months as investors rewarded the cannabis company for profiting even amid challenges due to Canada’s Covid-19 restrictions.Net income was $33.6 million for the fiscal fourth quarter ended May 31, compared with a loss… Continue reading Magna Signs Joint Venture Agreement With LG Electronics Focussed On Powertrain Components