Rating Action: Moody’s affirms Adient’s ratings with CFR at B2 and senior secured at Ba3; outlook changed to positiveGlobal Credit Research – 29 Mar 2021New York, March 29, 2021 — Moody’s Investors Service (Moody’s) affirmed the ratings of Adient Global Holdings Ltd (Adient) including the corporate family rating (CFR) at B2, the Probability of Default… Continue reading Adient Global Holdings Ltd — Moody’s affirms Adient’s ratings with CFR at B2 and senior secured at Ba3; outlook changed to positive
Author: Yarhow_Finance Online News
Xiaomi Plans to Invest $10 Billion in Making Electric Cars
(Bloomberg) — Xiaomi Corp. plans to invest about $10 billion over the next decade to manufacture electric cars, embarking on its biggest-ever overhaul to enter China’s booming EV market. Billionaire co-founder Lei Jun will lead a new standalone division that will invest an initial 10 billion yuan ($1.5 billion) on smart vehicle manufacturing, the company… Continue reading Xiaomi Plans to Invest $10 Billion in Making Electric Cars
Xiaomi Shares Surge As Report Says Company To Make Electric Vehicles Aimed At Mass Market In China
Bloomberg Turkey’s Central Bank Chief May Have Little Time to Repair Trust (Bloomberg) — If the experience of Sahap Kavcioglu’s most recent predecessors is any indication, Turkey’s new central-bank chief has little time left to win back the trust of foreign-exchange traders — or he may lose it forever.In the past three instances when President… Continue reading Xiaomi Shares Surge As Report Says Company To Make Electric Vehicles Aimed At Mass Market In China
Eaton and Tenneco Partner to Produce New, Integrated Exhaust Thermal Management System
LAKE FOREST, Ill., March 25, 2021 /PRNewswire/ — Power management company Eaton (NYSE: ETN) and Tenneco (NYSE: TEN) today announced a joint development agreement between Eaton’s Vehicle Group and Tenneco’s Clean Air business group to produce an integrated exhaust thermal management system that will enable commercial truck and light vehicle manufacturers to meet upcoming emissions… Continue reading Eaton and Tenneco Partner to Produce New, Integrated Exhaust Thermal Management System
Nio Sold $31M Factory Equipment To Tesla To Get Through A Difficult Time
TipRanks Strong Insider Buying Could Indicate a Bottom in These 2 Stocks Every investor knows that the path toward profits lies in buying low and selling high. That’s a basic precept of any economic trading system. The trick, however, is recognizing when the stock is low enough to buy in. The prime moment to buy… Continue reading Nio Sold $31M Factory Equipment To Tesla To Get Through A Difficult Time
BorgWarner to Host Virtual Investor Day on March 23, 2021
Bloomberg Alibaba-Backed Robo Adviser Seeks to Tame China Day Traders (Bloomberg) — Kelvin Lei and Don Huang spent several months huddled in a corner of a Hong Kong university library, but they weren’t cramming for any exam. Back in 2015, the former DBS Bank Ltd. colleagues were looking to launch their robo-advisory startup and wanted… Continue reading BorgWarner to Host Virtual Investor Day on March 23, 2021
BorgWarner to Accelerate Electrification Strategy, With Goal to Grow Electric Vehicle Revenues to Approximately 45% by 2030
Investing to Further Expand Electrification Portfolio Through Organic and Inorganic Growth While Seeking to Maintain Top-Quartile Margins Announces Commitment to Achieve Carbon Neutrality by 2035 AUBURN HILLS, Mich., March 23, 2021 /PRNewswire/ — BorgWarner Inc. (NYSE:BWA) will unveil Project CHARGING FORWARD at its Investor Day today. The project represents an acceleration of its electrification strategy,… Continue reading BorgWarner to Accelerate Electrification Strategy, With Goal to Grow Electric Vehicle Revenues to Approximately 45% by 2030
Autonomous driving startup Momenta raises $500 mln from SAIC, Toyota, others
TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only… Continue reading Autonomous driving startup Momenta raises $500 mln from SAIC, Toyota, others
Luminar Misses On Sales After Lidar Developer, Top Chinese Automaker Reach Deal
TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only… Continue reading Luminar Misses On Sales After Lidar Developer, Top Chinese Automaker Reach Deal
Eaton Completes the Acquisition of Tripp Lite, Expanding Eaton’s Power Quality Business in the Americas
TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Do you like roller coasters? According to Deutsche Bank, we’re looking at some roller coaster volatility for the next few months, with near-term gains likely, followed by a Q2 retreat, and second-half gains. The firm expects share values to fall in the next… Continue reading Eaton Completes the Acquisition of Tripp Lite, Expanding Eaton’s Power Quality Business in the Americas