Some of the losses seen by insiders who purchased US$1.4m worth of Magna International Inc. (TSE:MG) shares over the past year were recovered after the stock increased by 8.3% over the past week. However, total losses seen by insiders are still US$304k but in since the time of purchase. Although we don’t think shareholders should… Continue reading Favorable turn of events for Magna International Inc. (TSE:MG) insiders who’ve lost US$304k to date on a US$1.4m purchase
Author: Yarhow_Finance Online News
Dana (NYSE:DAN) Will Pay A Dividend Of $0.10
Dana Incorporated (NYSE:DAN) has announced that it will pay a dividend of $0.10 per share on the 2nd of December. This payment means that the dividend yield will be 2.6%, which is around the industry average. Check out our latest analysis for Dana Dana’s Dividend Is Well Covered By Earnings We like a dividend to… Continue reading Dana (NYSE:DAN) Will Pay A Dividend Of $0.10
Honda to set up China venture with Dongfeng, Guangzhou Auto to procure EV batteries
TOKYO (Reuters) -Honda Motor Co said on Wednesday its Chinese unit will establish a joint venture with Dongfeng Motor Group and Guangzhou Automobile Group Co at the end of the month to procure batteries for fully electric vehicles. The automaker’s Chinese division has also agreed to strengthen its existing partnership with CATL, the world’s largest… Continue reading Honda to set up China venture with Dongfeng, Guangzhou Auto to procure EV batteries
Stellantis (STLA) & Dongfeng Announce HoA for Share Repurchase
Stellantis N.V. STLA recently announced that it has executed a heads of agreement (HoA) with Dongfeng Motor International Co. Limited, a subsidiary of Dongfeng Motor Group Company Limited. The agreement is related to the 99.2 million common shares which Dongfeng holds in Stellantis, representing 3.16% of Stellantis’ share capital. Under the HoA, Dongfeng may submit… Continue reading Stellantis (STLA) & Dongfeng Announce HoA for Share Repurchase
Why Lear (LEA) Could Beat Earnings Estimates Again
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Lear (LEA). This company, which is in the Zacks Automotive – Original Equipment industry, shows potential for another earnings beat. When… Continue reading Why Lear (LEA) Could Beat Earnings Estimates Again
New report highlights Eaton’s efforts to become a model of inclusion and diversity in its industry
DUBLIN, October 28, 2022–(BUSINESS WIRE)–As part of its ongoing commitment to becoming a model of inclusion and diversity (I&D) in its industry, intelligent power management company Eaton (NYSE:ETN), released its second annual Global Inclusion and Diversity Transparency report. The report details the progress the company has made in achieving its ambitious 2030 inclusion and diversity… Continue reading New report highlights Eaton’s efforts to become a model of inclusion and diversity in its industry
NIO Inc. stock performance and analyst projections
MarketWatch Why I don’t want I-bonds Investors who bought before Friday’s deadline locked in an interest rate of 9.6% (briefly), which will tumble to an estimated 6.5% if you missed it. And right now, while I-bonds are paying a “real” rate of interest of 0%, or inflation plus 0%, long-term TIPS are beating that by… Continue reading NIO Inc. stock performance and analyst projections
Why Nio Stock Plunged Today
MarketWatch Why I don’t want I-bonds Investors who bought before Friday’s deadline locked in an interest rate of 9.6% (briefly), which will tumble to an estimated 6.5% if you missed it. And right now, while I-bonds are paying a “real” rate of interest of 0%, or inflation plus 0%, long-term TIPS are beating that by… Continue reading Why Nio Stock Plunged Today
5 Best Chinese Stocks To Buy And Watch: China Stocks Dive On Xi, Covid Curbs
Motley Fool Is Amazon a Bad News Buy? Higher inflation has been weighing on Amazon’s (NASDAQ: AMZN) e-commerce business for about a year. In Amazon’s third-quarter earnings report this week, though, Amazon Web Services (AWS) showed that it isn’t immune to the current economic troubles. AWS still grew at a double-digit percentage rate, but its… Continue reading 5 Best Chinese Stocks To Buy And Watch: China Stocks Dive On Xi, Covid Curbs
Magna (MGA) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
Magna (MGA) is expected 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 gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term… Continue reading Magna (MGA) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release