Genuine Parts Company GPC is set to acquire Kaman Distribution Group (“KDG”) in a $1.3-billion, all-cash deal. Based in Bloomfield, KDG is a power transmission, automation, and fluid power industrial distributor and solutions provider. With a headcount of around 17,000, the company operates across the United States and serves more than 5,000 customers. Subject to… Continue reading Genuine Parts (GPC) to Boost Scale & Profits With KDG Buyout
Author: Yarhow_Finance Online News
Cruise CEO Dan Ammann to leave GM’s self-driving car unit
Motley Fool Why Nio Stock Got Crushed Today Electric vehicle (EV) stock Nio (NYSE: NIO) was in free fall today, slumping as much as 10% as of 12:20 p.m. ET, on Wednesday. Nio is one of the many growth stocks crashing ahead of the Federal Reserve’s policy, though investors in the EV manufacturer have been… Continue reading Cruise CEO Dan Ammann to leave GM’s self-driving car unit
Templeton Dragon Fund, Inc. Buys Country Garden Services Holdings Co, Wuxi AppTec Co, Aier Eye …
Investment company Templeton Dragon Fund, Inc. (Current Portfolio) buys Country Garden Services Holdings Co, Wuxi AppTec Co, Aier Eye Hospital Group Co, Hua Hong Semiconductor, Ping An Bank Co, sells WuXi Biologics (Cayman) Inc, Baozun Inc, New Oriental Education & Technology Group Inc, Shenzhen Kinwong Electronic Co, Jonjee Hi-Tech Industrial and Commercial Holding C during… Continue reading Templeton Dragon Fund, Inc. Buys Country Garden Services Holdings Co, Wuxi AppTec Co, Aier Eye …
Why Nio Shares Dropped Again Today
TipRanks Buy NIO Stock Ahead of This Event, Says Analyst No two ways about it, Nio (NIO) stock has been in a rut and unable to shake off the bearish sentiment. Shares are down 25% over the past month alone, due to a combination of factors, including the fear of US delisting for Chinese stocks… Continue reading Why Nio Shares Dropped Again Today
Ab Variable Products Series Fund, Inc. Buys STMicroelectronics NV, Dassault Systemes SE, …
Investment company Ab Variable Products Series Fund, Inc. (Current Portfolio) buys STMicroelectronics NV, Dassault Systemes SE, MediaTek Inc, Smurfit Kappa Group PLC, Autoliv Inc, sells STMicroelectronics NV, Smurfit Kappa Group PLC, Apollo Hospitals Enterprise, Lufax Holding, WSP Global Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Ab… Continue reading Ab Variable Products Series Fund, Inc. Buys STMicroelectronics NV, Dassault Systemes SE, …
Uber to Pilot Driverless Food Delivery in California in 2022
(Bloomberg) — Uber Technologies Inc. plans to launch a driverless food-delivery pilot program in the U.S. next year, the company announced on Thursday. Most Read from Bloomberg The ride-hailing giant is partnering with Motional Inc., an autonomous driving joint venture between Hyundai Motor Co. and Aptiv Plc., to test Uber Eats deliveries in California. The… Continue reading Uber to Pilot Driverless Food Delivery in California in 2022
Cummins (CMI) Sanctions Share-Buyback Program Worth $2B
Cummins Inc. CMI recently disclosed that its board of directors has authorized a common stock repurchase program of $2 billion. This announcement comes in as the company concludes its prior authorization of $2 billion, announced in 2019. The latest share repurchase program reiterates Cummins’ commitment to boosting shareholders’ value and showcases its confidence in its… Continue reading Cummins (CMI) Sanctions Share-Buyback Program Worth $2B
AutoZone (AZO) Boosts Share Buyback Program on Stellar Results
AutoZone, Inc.’s AZO board of directors recently authorized the buyback of an additional $1.5 billion of its common stock related to its ongoing share-repurchase program. The company commenced its share-repurchase program in 1998. AutoZone’s board has authorized $29.2 billion in share repurchases in total to date, including the above amount. AutoZone, which had tapped brakes… Continue reading AutoZone (AZO) Boosts Share Buyback Program on Stellar Results
Why Nio Stock Got Crushed Today
MarketWatch S&P 500 opens above record close as stocks extend post-Fed rally Stocks opened higher Thursday, with the S&P 500 trading above its record close of 4,712.02 set on Dec. 10, a day after the Federal Reserve announced its plan to wind down its bond-buying program by March and penciled in three rate increases in… Continue reading Why Nio Stock Got Crushed Today
Buy NIO Stock Ahead of This Event, Says Analyst
No two ways about it, Nio (NIO) stock has been in a rut and unable to shake off the bearish sentiment. Shares are down 25% over the past month alone, due to a combination of factors, including the fear of US delisting for Chinese stocks and a generally tough environment for growth names. However, the… Continue reading Buy NIO Stock Ahead of This Event, Says Analyst