Author: Yarhow_Finance Online News

Charlie Munger downplays risk of Taiwan invasion, says crypto fans are ‘idiots’

By Jonathan Stempel Feb 15 (Reuters) – Charlie Munger, the longtime business partner of Warren Buffett at Berkshire Hathaway Inc, on Wednesday said China remains a top opportunity for investors despite geopolitical risks. Munger also doubled down on his recent Wall Street Journal editorial calling for the U.S. government to follow China and ban cryptocurrency,… Continue reading Charlie Munger downplays risk of Taiwan invasion, says crypto fans are ‘idiots’

Magna Announces New Facility and Expands in Five Other Locations Across Ontario to Support New Business

Magna International Inc. Rendering of Magna Structures Heart Lake facility in Brampton Rendering of Magna Structures Heart Lake facility in Brampton. Company awarded business in a strategic product required for electric vehicles Building a new battery enclosures facility in Brampton, Ontario More than 1,000 new jobs expected to be created across six locations AURORA, Ontario,… Continue reading Magna Announces New Facility and Expands in Five Other Locations Across Ontario to Support New Business

New Strong Sell Stocks for February 15th

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General Motors (GM), Magna Deepen Ties for Battery Enclosures

General Motors GM expands its partnership with Magna International MGA, which has already been producing GMC Hummer EV battery enclosures, to produce battery enclosures for its new Chevy Silverado EV in Michigan. Magna is one of the largest auto suppliers in the world. It offers a variety of products, ranging from powertrains to complete vehicle… Continue reading General Motors (GM), Magna Deepen Ties for Battery Enclosures

Hyundai Mobis Enhances Shareholder Value Through Preemptive Investment and Shareholder Returns

Announced 2023 Shareholder Value Maximization Policy, including the plan to purchase KRW 150 billion worth of treasury shares, which will all be cancelled. To secure additional cash to gain a competitive edge in future business and combat global uncertainties through external investment. To establish a BOD with diversity, expertise, and independence. SEOUL, South Korea, Feb.… Continue reading Hyundai Mobis Enhances Shareholder Value Through Preemptive Investment and Shareholder Returns

Playing Follow the Leader Leads Me to the Garden of Eaton

Reuters UPDATE 2-Devon Energy profit misses as output hit by winter storm Shale oil producer Devon Energy on Tuesday missed Wall Street estimates for fourth-quarter profit due to a hit to production from severe cold weather in the United States during the period, as well as higher expenses on personnel. Winter Storm Elliott brought subfreezing… Continue reading Playing Follow the Leader Leads Me to the Garden of Eaton

The Zacks Analyst Blog Highlights Toyota, Honda BorgWarner, O’Reilly Automotive and Cummins

For Immediate Release Chicago, IL – February 15, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Toyota TM, Honda HMC, BorgWarner Inc. BWA, O’Reilly… Continue reading The Zacks Analyst Blog Highlights Toyota, Honda BorgWarner, O’Reilly Automotive and Cummins

10 Most Promising Chinese Stocks According to Analysts

In this article, we will look at the 10 most promising Chinese stocks to buy now according to analysts. If you want to explore similar stocks, you can also take a look at 5 Most Promising Chinese Stocks According to Analysts. China’s recovery is kicking in rapidly as the nation emerges from long and strict COVID-19… Continue reading 10 Most Promising Chinese Stocks According to Analysts

Ford Invests $3.5 Billion in Michigan Battery Plant With Chinese Partner’s Technology

Reuters Judge indicates intention to dismiss J&J talc unit bankruptcy (Reuters) -The bankruptcy case filed by Johnson & Johnson’s subsidiary shouldering talc-related lawsuits will soon be dismissed unless a U.S appeals court agrees to reconsider its decision to nix the company’s attempt to offload the litigation into Chapter 11 proceedings, a federal judge said on… Continue reading Ford Invests $3.5 Billion in Michigan Battery Plant With Chinese Partner’s Technology