Earnings Preview: Magna (MGA) Q4 Earnings Expected to Decline

The market expects Magna (MGA) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2022. This widely-known consensus outlook is important in assessing the company’s earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to… Continue reading Earnings Preview: Magna (MGA) Q4 Earnings Expected to Decline

Stock Market Rally Signals It’s No Bear Run; Tesla CEO Elon Musk Not Liable For ‘Funding Secured’ Tweets

Reuters Indian watchdog tells investors markets stable despite Adani rout MUMBAI (Reuters) -India’s market regulator moved to calm investor concerns on Saturday, saying that its financial markets remain stable and continue to function in a transparent and efficient manner, despite recent dramatic stock falls in Adani Group companies. Shares in Adani Group firms, controlled by… Continue reading Stock Market Rally Signals It’s No Bear Run; Tesla CEO Elon Musk Not Liable For ‘Funding Secured’ Tweets

S&P 500 Stock Exxon Mobil Leads Top 5 Stocks Near Buy Points

TipRanks J.P. Morgan Pounds the Table on These 2 Reliable Dividend Stocks The year has started well for stock market investors, no doubt of that. The S&P 500 has jumped 9%, and the NASDAQ is up nearly 17%. While this doesn’t reverse last year’s losses, the gains, prompted by several releases of positive economic data,… Continue reading S&P 500 Stock Exxon Mobil Leads Top 5 Stocks Near Buy Points

Total number of voting rights and shares forming the share capital

FAURECIA Nanterre, 3 February 2023 Total number of voting rights and shares forming the share capital (Article L.233-8 II of the French Commercial Code and Article 223-16 of the General Regulation of the French Financial Markets Authority) __________________ Trading place: Euronext Paris Compartment: A ISIN code: FR0000121147 LEI code: 969500F0VMZLK2IULV85 Date Number of shares Total… Continue reading Total number of voting rights and shares forming the share capital

UPDATE 2-Toyota supplier Denso cuts profit forecast on car production risks

(Adds executive comments, shares in paragraphs 6-10) By Daniel Leussink TOKYO, Feb 3 (Reuters) – Japan’s Denso Corp, a leading supplier to Toyota Motor Corp, on Friday slashed its annual operating profit forecast by 12.5%, missing analysts’ estimates, as it warned a chip shortage could cause auto production cuts. The company, a major manufacturer of… Continue reading UPDATE 2-Toyota supplier Denso cuts profit forecast on car production risks

BorgWarner Awards Baby Borg Trophy to 2022 Indianapolis 500 Winner Marcus Ericsson

AUBURN HILLS, Mich., Feb. 3, 2023 /PRNewswire/ — BorgWarner presented Marcus Ericsson with his first BorgWarner Championship Driver’s Trophy™, fondly known as the Baby Borg, in commemoration of his victory at the 106th Indianapolis 500. The trophy presentation took place on February 2nd at a special ceremony at The Thermal Club in Palm Springs, California.… Continue reading BorgWarner Awards Baby Borg Trophy to 2022 Indianapolis 500 Winner Marcus Ericsson

What Makes BorgWarner (BWA) an Attractive Investment Avenue?

Ariel Investments, an investment management company, released its “Ariel Focus Fund” fourth-quarter investor letter. A copy of the same can be downloaded here.  In the fourth quarter, the fund increased 11.95%, compared to a 12.42% return for the Russell 1000 Value Index and a 7.56% return for the S&P 500 Index. In addition, you can check… Continue reading What Makes BorgWarner (BWA) an Attractive Investment Avenue?

Webcast Alert: BorgWarner 2022 Fourth Quarter and Full Year Results Conference Call

AUBURN HILLS, Mich., Feb. 2, 2023 /PRNewswire/ — FirstCall / — BorgWarner Inc. (NYSE: BWA) announces the following Webcast: BorgWarner Logo (PRNewsfoto/BorgWarner) What:      BorgWarner 2022 Fourth Quarter and Full Year Results Conference Call When:      February 9, 2023 @ 9:30am Eastern Time Where:      http://www.borgwarner.com/en/Investors/default.aspx How:          Live… Continue reading Webcast Alert: BorgWarner 2022 Fourth Quarter and Full Year Results Conference Call

Aptiv (APTV) Q4 Earnings Beat Estimates, Increase Y/Y

Aptiv PLC APTV reported better-than-expected fourth-quarter 2022 results. Adjusted earnings (excluding 41 cents from non-recurring items) of $1.27 per share beat the Zacks Consensus Estimate by 6.7% and increased more than 100% on a year-over-year basis. Revenues of $4.6 billion surpassed the Zacks Consensus Estimate by 6% and increased 12.2% year over year. The top… Continue reading Aptiv (APTV) Q4 Earnings Beat Estimates, Increase Y/Y

A Peek Into Key Predictions Ahead of Cummins (CMI) Q4 Earnings

Cummins Inc. CMI is slated to release fourth-quarter 2022 results on Feb 6, before market open. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings per share and revenues is pegged at $4.66 and $7.36 billion, respectively. For the fourth quarter, the consensus estimate for CMI’s earnings per share has moved down by 32 cents in the past… Continue reading A Peek Into Key Predictions Ahead of Cummins (CMI) Q4 Earnings