Auto Roundup: Q3 Earnings in Full Swing, F Misses, GM Beats & More

Last week, the European Automobile Manufacturers Association released data for commercial car registrations for September and the first nine months of 2022. The European Union (EU) commercial vehicle market contracted 6.6% last month to 133,880 units, representing the 15th straight month of decline. Registrations in France, Italy and Germany dwindled 11%, 10.7% and 3.1%, respectively.… Continue reading Auto Roundup: Q3 Earnings in Full Swing, F Misses, GM Beats & More

R1 RCM Inc. (RCM) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release

The market expects R1 RCM Inc. (RCM) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 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… Continue reading R1 RCM Inc. (RCM) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release

Goodyear stock falls more than 14% on earnings miss

Yahoo Finance Live anchors discuss the challenging quarter for Goodyear amid ongoing inflation. Video Transcript [AUDIO LOGO] JULIE HYMAN: Goodyear Tire & Rubber also reporting third-quarter earnings. Taking a hit from the stronger dollar and the spiking cost of raw materials. And speaking of taking a hit, the shares are down by 15%. And basically,… Continue reading Goodyear stock falls more than 14% on earnings miss

Goodyear (GT) Q3 Earnings and Revenues Lag Estimates

Goodyear (GT) came out with quarterly earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -34.43%. A quarter ago, it was expected that this… Continue reading Goodyear (GT) Q3 Earnings and Revenues Lag Estimates

Goodyear stock falls 11% after Q3 results disappoint on inflation, stronger dollar

Goodyear Tire & Rubber Co. shares fell 11% in the extended session Monday after the tire maker reported third-quarter earnings below Wall Street expectations and said “challenges” with inflation and a stronger dollar remain. Goodyear earned $44 million, or 16 cents a share, in the quarter, compared with $132 million, or 46 cents a share,… Continue reading Goodyear stock falls 11% after Q3 results disappoint on inflation, stronger dollar

GWM ORA Lightning Cat Rolled Out with Emphasis on Safety

BAODING, China, Nov. 1, 2022 /PRNewswire/ — On October 31st, GWM ORA launched a pure electric model called Lightning Cat (for the Chinese market) in China, which was unveiled at the Paris Motor Show 2022 recently. GWM ORA Lightning Cat Rolled Out with Emphasis on Safety (PRNewsfoto/GWM) At the launch event, Dong Yudong, CEO of the… Continue reading GWM ORA Lightning Cat Rolled Out with Emphasis on Safety

Alibaba and Nio among Chinese stocks surging as hopes build for country’s reopening

Motley Fool Why Fastly, Roku, and Shopify Stocks Popped Today Tuesday is looking like a good day for investing in tech stocks, as shares of edge cloud provider Fastly (NYSE: FSLY) gains 2.5%, TV streamer Roku (NASDAQ: ROKU) picks up 4.4%, and online shopping tech company Shopify (NYSE: SHOP) leads the pack higher with a… Continue reading Alibaba and Nio among Chinese stocks surging as hopes build for country’s reopening

XPeng stock bounces off record low despite drop in deliveries, other China-based EVs also surge

Benzinga Shares Of Chinese EV Makers XPeng, Li Auto Gain After Robust October Vehicle Deliveries Chinese smart electric vehicle makers XPeng Inc (NYSE: XPEV) and Li Auto Inc (NASDAQ: LI) delivered 5,101 and 10,052 vehicles, respectively, in October 2022. XPeng’s deliveries consisted of 2,104 smart sports sedan, P7s, 1,665 smart family sedans, P5s and 709… Continue reading XPeng stock bounces off record low despite drop in deliveries, other China-based EVs also surge

Nio posts 10,059 October deliveries, stock pops amid broader China rally

Nio Inc. said Tuesday morning that it delivered 10,059 vehicles during the month of October, bringing the Chinese electric-vehicle company’s year-to-date deliveries up to 92,493. Nio announced that its October deliveries consisted of 5,979 premium smart electric SUVs as well as 4,080 premium smart electric sedans. “The vehicle production and delivery were constrained by operation… Continue reading Nio posts 10,059 October deliveries, stock pops amid broader China rally

Individual investors own 28% of Continental Aktiengesellschaft (ETR:CON) shares but private companies control 46% of the company

If you want to know who really controls Continental Aktiengesellschaft (ETR:CON), then you’ll have to look at the makeup of its share registry. We can see that private companies own the lion’s share in the company with 46% ownership. That is, the group stands to benefit the most if the stock rises (or lose the… Continue reading Individual investors own 28% of Continental Aktiengesellschaft (ETR:CON) shares but private companies control 46% of the company