Power management company Eaton (NYSE:ETN) today announced that Harold Jones, executive vice president, Eaton Business System & Sustainability, will participate in the Morgan Stanley Sustainable Futures Conference on Wednesday, June 9, at 2 p.m. Eastern time. During the conference, Jones will participate in a fireside chat where he will discuss Eaton’s sustainability strategy and the… Continue reading Eaton to Participate in the Morgan Stanley Sustainable Futures Conference on June 9
Author: Yarhow_Finance Online News
Xiaomi-Backed Fund Invests in Autonomous Driving Startup Zongmu
(Bloomberg) — An investment fund backed by Xiaomi Corp. is among a new slew of investors in Zongmu Technology Shanghai Co. as the Chinese autonomous driving system startup raised $190 million in its latest funding round. Zongmu conducted the series D fundraising in three stages and Hubei Xiaomi Changjiang Industrial Investment Fund Management Co. led… Continue reading Xiaomi-Backed Fund Invests in Autonomous Driving Startup Zongmu
10 Best Battery ETFs to Buy Now
In this article we discuss the 10 best battery ETFs to buy now. If you want to skip our detailed analysis of these ETFs, go directly to the 5 Best Battery ETFs to Buy Now. The election of Joe Biden to the United States presidency has boosted clean energy stocks and only a few months… Continue reading 10 Best Battery ETFs to Buy Now
Intel-Backed Horizon Robotics Weighs $1 Billion U.S. IPO
(Bloomberg) — Chinese artificial intelligence-chip startup Horizon Robotics Inc. is considering a U.S. initial public offering which could raise as much as $1 billion, according to people with knowledge of the matter. The Beijing-based company, which is backed by investors including Intel Capital, Hillhouse Capital and Jack Ma’s Yunfeng Capital, is working with advisers on… Continue reading Intel-Backed Horizon Robotics Weighs $1 Billion U.S. IPO
Eaton (ETN) Buys Cobham Mission Systems, Expands Aerospace
TipRanks 2 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’ Let’s talk about defending your portfolio. It’s a common impulse for most investors, when the economy starts to turn sour. We’re in a growth phase now, with economic activity rebounding strongly from the corona-crisis shutdowns, and with reopening getting into full stride, economists are predicting… Continue reading Eaton (ETN) Buys Cobham Mission Systems, Expands Aerospace
BorgWarner stock surges after selected by Hyundai to work on first electrification project
Bloomberg Gold Heads for Biggest Monthly Gain Since July on Inflation Bets (Bloomberg) — Gold headed for the biggest monthly advance since July, with inflation risks in focus ahead of key U.S. jobs data due later this week that will offer clues on the economic recovery.Some Federal Reserve officials have said that recent price pressures… Continue reading BorgWarner stock surges after selected by Hyundai to work on first electrification project
BorgWarner to Supply Integrated Drive Module to Hyundai Motor Group Electric Vehicles
– BorgWarner’s integrated drive module (iDM) to power A-segment electric vehicles beginning in 2023 – Modular technology features e-motor, gearbox and inverter – First iDM product combining BorgWarner’s and legacy Delphi Technologies’ portfolios AUBURN HILLS, Mich., June 2, 2021 /PRNewswire/ — BorgWarner’s integrated drive module (iDM) was selected by the Hyundai Motor Group for its… Continue reading BorgWarner to Supply Integrated Drive Module to Hyundai Motor Group Electric Vehicles
Goodyear, University Of Akron Set To Drive Opportunity For Local Students
Company funds 15 full scholarships for new “Driving Opportunity Scholars Program” covering tuition, mentoring and internships AKRON, Ohio, June 2, 2021 /PRNewswire/ — The Goodyear Foundation (Goodyear) is committing $1.6M to The University of Akron (UA) for a new program designed to increase job readiness training for underserved students called The Driving Opportunity Scholars Program.… Continue reading Goodyear, University Of Akron Set To Drive Opportunity For Local Students
Company News for Jun 2, 2021
Bloomberg KKR and CD&R Close to $4.7 Billion Deal to Buy Out Cloudera (Bloomberg) — KKR & Co. and Clayton Dubilier & Rice LLC are closing in on a deal to take Cloudera Inc. private at a valuation of about $4.7 billion, a person familiar with the matter said. Cloudera shares rose 19% in trading before markets… Continue reading Company News for Jun 2, 2021
Why EV Stocks Are Poised To Explode This Summer
Hundreds of billions of private dollars are being poured into the EV industry … and that’s on top of Biden’s $174 billion for subsidies and charging stations. There is no stopping the surge. General Motors (NYSE:GM) is investing $27 billion in EVs over the next five years. It used the Superbowl for its breakout. Now,… Continue reading Why EV Stocks Are Poised To Explode This Summer