(Bloomberg) — BYD Co.’s profit more than quintupled last year after the Chinese automaker sold a record number of electric vehicles and intensified its battle with Tesla Inc. for market share. Most Read from Bloomberg Net income soared 446% to 16.6 billion yuan ($2.4 billion), the company said Tuesday, in line with the 16 billion… Continue reading BYD’s Net Income Jumps More Than 400% on EV Sales Surge
Author: Yarhow_Finance Online News
UPDATE 2-BYD posts 11-fold jump in Q4 profit -filing
(Adds details, comments from BYD and context) SHANGHAI/BEIJING, March 28 (Reuters) – Chinese electric vehicle giant BYD Co Ltd reported an 11-fold increase in fourth-quarter profit as it extended its lead in the domestic market with a wide range of products. Net profit for October-December came in at 7.3 billion yuan ($1.06 billion) versus 602… Continue reading UPDATE 2-BYD posts 11-fold jump in Q4 profit -filing
BYD posts 11-fold jump in Q4 profit -filing
SHANGHAI/BEIJING (Reuters) -Chinese electric vehicle giant BYD Co Ltd reported an 11-fold increase in fourth-quarter profit as it extended its lead in the domestic market with a wide range of products. Net profit for October-December came in at 7.3 billion yuan ($1.06 billion) versus 602 million yuan a year earlier. For the whole of 2022,… Continue reading BYD posts 11-fold jump in Q4 profit -filing
U.S. Ad Spending Still Expected to Grow in 2023 Despite ‘Stressful Economic Signals’
Reuters Crypto exchange Binance, CEO sued by US regulator over violations Major cryptocurrency exchange Binance and executives, including CEO and founder Changpeng Zhao, have been sued by the U.S. Commodity Futures Trading Commission (CFTC) for regulatory violations, according to a court filing on Monday. Binance, the world’s biggest crypto exchange, had from at least July… Continue reading U.S. Ad Spending Still Expected to Grow in 2023 Despite ‘Stressful Economic Signals’
Tesla Stock Vs. BYD Stock: TSLA Holds Support As EV Price War Continues
TheStreet.com Tesla Has More Bad News About Its Popular Electric Vehicles EV safety recalls issued by the National Highway Traffic Safety Administration, however, have been a common occurrence lately with several automobile manufacturers. Nissan on March 1 began a voluntary safety recall of 1,063 of its 2023 Ariya Electric SUVs after the company discovered missing… Continue reading Tesla Stock Vs. BYD Stock: TSLA Holds Support As EV Price War Continues
Don’t Buy Linamar Corporation (TSE:LNR) For Its Next Dividend Without Doing These Checks
It looks like Linamar Corporation (TSE:LNR) is about to go ex-dividend in the next 4 days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company’s books to be eligible for a dividend payment. It is important to be aware of… Continue reading Don’t Buy Linamar Corporation (TSE:LNR) For Its Next Dividend Without Doing These Checks
Common Shares of Linamar Previously Owned, Controlled or Directed by the Estate of the Late Mr. Frank Hasenfratz Vest in Linda Hasenfratz
GUELPH, ON, March 24, 2023 /CNW/ – Linda Hasenfratz announced today that in connection with the completion of certain steps in the administration of the estate of the late Mr. Frank Hasenfratz (the “Estate“) she has beneficial ownership (as interpreted under Canadian provincial securities legislation) of, control or direction over 15,567,483 common shares of Linamar… Continue reading Common Shares of Linamar Previously Owned, Controlled or Directed by the Estate of the Late Mr. Frank Hasenfratz Vest in Linda Hasenfratz
3 Things Smart Investors Know About Nio Stock
The Wall Street Journal Here’s What Retirement With Less Than $1 Million Looks Like in America Total household balances in retirement accounts for those 55 to 64 years old are $413,814 on average, according to its estimates based on 2019 data, the most recent available. “For many, the expectation of retirement doesn’t match the facts… Continue reading 3 Things Smart Investors Know About Nio Stock
Why Investors Threw Nio Stock Into Reverse Today
TechCrunch US, South Korea both seek Do Kwon’s extradition to face charges Do Kwon, the founder of Terraform Labs, which operated the TerraUSD stablecoin and its sister token LUNA, was arrested in Montenegro on Thursday while trying to board a flight to flee to Dubai with falsified documents. A few hours after Kwon was arrested… Continue reading Why Investors Threw Nio Stock Into Reverse Today
Lear Wins a General Motors 2022 Supplier of the Year Award
Lear takes home the honor for the 22nd time SOUTHFIELD, Mich., March 24, 2023 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it was recognized as a GM Supplier of the Year during General Motors’ 31st annual Supplier of the Year event held earlier this week in… Continue reading Lear Wins a General Motors 2022 Supplier of the Year Award