Autoparts manufacturer Dana (NYSE: DAN) fell well-short of expectations in the fourth quarter and warned that 2023 will be a lot worse than analysts had expected. Dana lost $0.10 per share in Q4, significantly underperforming Wall Street’s $0.26 per-share profit expectation, though revenue at $2.56 billion was slightly ahead of consensus. Absent the one-time shift,… Continue reading Why Dana Stock Is Down Today
Author: Yarhow_Finance Online News
Dana Drops As Q4 Earnings Hit By Incremental Costs; Forecasts Huge FY23 Bottom-Line Miss
Reuters China urges state firms to drop Big Four auditors – Bloomberg China’s Ministry of Finance is among government entities that gave informal guidance to some state-owned enterprises as recently as last month, urging them to let contracts with PwC, EY, KPMG and Deloitte expire, the report said, quoting people familiar with the matter. While… Continue reading Dana Drops As Q4 Earnings Hit By Incremental Costs; Forecasts Huge FY23 Bottom-Line Miss
Autoliv Stock Offers Buy Point And A Way To Play The EV Boom
Barrons.com Intel Cuts Dividend by 66% and Reiterates Forecast Intel announced Wednesday it will be cutting its quarterly dividend by 66%, saying the move “reflects the board’s deliberate approach to capital allocation.” Intel (ticker: INTC) announced in a news release that it will be cutting its quarterly dividend to 12.5 cents a share , down… Continue reading Autoliv Stock Offers Buy Point And A Way To Play The EV Boom
Best EV Stock to Buy: Tesla Stock vs. Nio Stock vs. BYD Stock
TipRanks Seeking at Least 7% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy Inflation, interest rates, and recession – these are the bogeymen of investing, and they’ve been watching over our shoulders for the past year. We all know the story by now, the rate of inflation, at 6.4%, is still high, the Federal… Continue reading Best EV Stock to Buy: Tesla Stock vs. Nio Stock vs. BYD Stock
NIO Inc. (NIO) Stock Moves -1.57%: What You Should Know
NIO Inc. (NIO) closed the most recent trading day at $10.03, moving -1.57% from the previous trading session. This move was narrower than the S&P 500’s daily loss of 2%. Elsewhere, the Dow lost 2.06%, while the tech-heavy Nasdaq lost 2.32%. Prior to today’s trading, shares of the company had lost 15.51% over the past… Continue reading NIO Inc. (NIO) Stock Moves -1.57%: What You Should Know
Second Chance Hiring at Eaton
NORTHAMPTON, MA / ACCESSWIRE / February 20, 2023 / Eaton: “At Eaton, we are always looking for talented workers to join our team. The Georgetown Pivot Program introduced us to a cohort looking to start the next phases of their careers, and we were excited to be a small part of their stories of change,… Continue reading Second Chance Hiring at Eaton
Dana Incorporated Reports Record Sales for 2022; Issues Guidance for 2023, including Higher Sales, Profit, and Record Three-year Sales Backlog of $900 Million
Full-year Results Sales of $10.2 billion, an increase of $1.2 billion or 14 percent over last year Operating cash flow of $649 million, an increase of $491 million Free cash flow of $209 million, an increase of $420 million Adjusted EBITDA of $700 million Sales backlog of $900 million over next three years, a $100… Continue reading Dana Incorporated Reports Record Sales for 2022; Issues Guidance for 2023, including Higher Sales, Profit, and Record Three-year Sales Backlog of $900 Million
Dana Collaborates with Wacker Neuson Group on e-Propulsion Systems for Electric Compact Construction Vehicle Line-up
MAUMEE, Ohio, Feb. 21, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced that it has been selected by the Wacker Neuson Group – a leading manufacturer of construction equipment – to provide the e-Propulsion system for its compact construction vehicle line-up in Europe, beginning with the Kramer electric wheel loader 5065e as well as… Continue reading Dana Collaborates with Wacker Neuson Group on e-Propulsion Systems for Electric Compact Construction Vehicle Line-up
Down 60%, Is Nio Stock Finally a Buy?
Reuters Nio to build factory in China for budget EVs – sources SHANGHAI (Reuters) -Chinese electric-vehicle maker Nio Inc plans to build a factory to produce budget EVs under a new brand for export to Europe from as early as next year, three people with knowledge of the matter said. The plan to broaden the… Continue reading Down 60%, Is Nio Stock Finally a Buy?
Nio to build factory in China for budget EVs – sources
SHANGHAI (Reuters) -Chinese electric-vehicle maker Nio Inc plans to build a factory to produce budget EVs under a new brand for export to Europe from as early as next year, three people with knowledge of the matter said. The plan to broaden the company’s lineup and expand overseas sales comes as EV sales sharply weaken… Continue reading Nio to build factory in China for budget EVs – sources