Motley Fool Why Nio Stock Exploded This Week Nio is growing rapidly, as its latest delivery numbers suggest, but this week’s epic rally was driven almost entirely by one macroeconomic trigger. For that matter, Nio’s CEO William Li also had some big things to say this week, including his belief that Nio will give German… Continue reading Why Nio Shares Popped Friday
Author: Yarhow_Finance Online News
Why Nio Stock Exploded This Week
Nio is growing rapidly, as its latest delivery numbers suggest, but this week’s epic rally was driven almost entirely by one macroeconomic trigger. For that matter, Nio’s CEO William Li also had some big things to say this week, including his belief that Nio will give German luxury carmaker BMW a run for its money.… Continue reading Why Nio Stock Exploded This Week
EV Maker Fisker Denies Short Seller Claims Over Cash Restriction
(Bloomberg) — Fisker Inc. pushed back against a new report from short seller Fuzzy Panda Research that claimed the electric-vehicle maker hasn’t disclosed limitations on its cash balance. Most Read from Bloomberg The vast majority of the $825 million in cash that Fisker reported at the end of the third quarter is tied up in… Continue reading EV Maker Fisker Denies Short Seller Claims Over Cash Restriction
Fisker rejects short-seller’s allegations; says no bank guarantee with partner Magna
(Reuters) – Electric-vehicle maker Fisker Inc said on Thursday that it does not have a bank guarantee with manufacturing partner Magna Steyr, the Austrian unit of Magna International Inc, in response to a report by short-seller Fuzzy Panda Research. Fisker said it intends “to take immediate and aggressive action to address the false and misleading… Continue reading Fisker rejects short-seller’s allegations; says no bank guarantee with partner Magna
Why Is Eaton (ETN) Up 8.5% Since Last Earnings Report?
A month has gone by since the last earnings report for Eaton (ETN). Shares have added about 8.5% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Eaton due for a pullback? Before we dive into how investors and analysts have… Continue reading Why Is Eaton (ETN) Up 8.5% Since Last Earnings Report?
BorgWarner Acquires Switzerland-Based Engineering Services Provider Drivetek
MarketWatch Credit Suisse shares hit fresh record low Credit Suisse stock (CH:CSGN) hit a another record low on Thursday, as investors remained wary of the bank’s prospects despite a recent 4 billion Swiss franc ($4.2 billion) capital injection. The bank’s 5-year credit default swap spreads, which measure expectations of possible default, at one point jumped… Continue reading BorgWarner Acquires Switzerland-Based Engineering Services Provider Drivetek
BorgWarner Acquires Drivetek AG
AUBURN HILLS, Mich., Dec. 2, 2022 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) today announced that it has acquired Drivetek AG. BorgWarner Logo (PRNewsfoto/BorgWarner) Headquartered in Switzerland, Drivetek offers engineering and product development services for inverters, electric drive solutions, and power electronics as well as a line of products that include specialized inverters for high-speed electrified… Continue reading BorgWarner Acquires Drivetek AG
Autoliv joins Advisory Board of the United Nations Road Safety Fund
STOCKHOLM, Dec. 2, 2022 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV), (SSE: ALIVsdb), the worldwide leader in automotive safety systems, has joined the Advisory Board of the United Nations Road Safety Fund. The objective of the Advisory Board is to provide strategic direction to the Fund. Autoliv will contribute knowledge and experience regarding global traffic safety… Continue reading Autoliv joins Advisory Board of the United Nations Road Safety Fund
NORMA CLAYTON ELECTED TO GOODYEAR BOARD
AKRON, Ohio, Dec. 2, 2022 /PRNewswire/ — The Goodyear Tire & Rubber Company today announced the election of Norma B. Clayton to its Board of Directors, effective Nov. 28, 2022. The Goodyear Tire & Rubber Company announced the election of Norma B. Clayton to its Board of Directors, effective Nov. 28, 2022. “We are very… Continue reading NORMA CLAYTON ELECTED TO GOODYEAR BOARD
GWM Holds 2022 Overseas Conference, Revealing Latest Global Strategy
BAODING, China, Dec. 2, 2022 /CNW/ — On December 2, GWM held its 2022 overseas conference titled ONE GWM • LIGHT THE WORLD in Bangkok, Thailand. GWM revealed the global brand building and product layout, and further clarified its brand strategy. GWM Holds 2022 Overseas Conference, Revealing Latest Global Strategy Over 200 distributors from more than… Continue reading GWM Holds 2022 Overseas Conference, Revealing Latest Global Strategy