Jeep Pulls Out of China Over Government Meddling in Business

(Bloomberg) — Stellantis NV shuttered its only Jeep factory in China because local politicians are increasingly meddling in the world’s biggest car market, Chief Executive Officer Carlos Tavares said Thursday. Most Read from Bloomberg The carmaker is implementing an “asset-light” strategy in the country out of concern that rising political tensions between China and the… Continue reading Jeep Pulls Out of China Over Government Meddling in Business

Meritor (MTOR) to Report Q3 Results: Wall Street Expects Earnings Growth

Wall Street expects a year-over-year increase in earnings on higher revenues when Meritor (MTOR) reports results for the quarter ended June 2022. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The… Continue reading Meritor (MTOR) to Report Q3 Results: Wall Street Expects Earnings Growth

Eaton declares quarterly dividend payable August 26, 2022

DUBLIN, July 27, 2022–(BUSINESS WIRE)–The Board of Directors of power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $0.81 per ordinary share. The dividend is payable August 26, 2022, to shareholders of record at the close of business on August 12, 2022. Eaton has paid dividends on its shares every year since 1923.… Continue reading Eaton declares quarterly dividend payable August 26, 2022

Earnings Preview: BorgWarner (BWA) Q2 Earnings Expected to Decline

The market expects BorgWarner (BWA) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 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: BorgWarner (BWA) Q2 Earnings Expected to Decline

Autoliv, Inc. (NYSE:ALV) Shares Could Be 43% Below Their Intrinsic Value Estimate

Today we will run through one way of estimating the intrinsic value of Autoliv, Inc. (NYSE:ALV) by projecting its future cash flows and then discounting them to today’s value. Our analysis will employ the Discounted Cash Flow (DCF) model. There’s really not all that much to it, even though it might appear quite complex. We… Continue reading Autoliv, Inc. (NYSE:ALV) Shares Could Be 43% Below Their Intrinsic Value Estimate

Nio Is Down 70% From All-Time Highs. Here Are 2 Reasons Why It’s Worth a Second Chance.

With Tesla (NASDAQ: TSLA) as the only established industry leader, there is still a great opportunity for start-up electric vehicle (EV) makers to ultimately dominate the market. As of now, Nio (NYSE: NIO) and Rivian (NASDAQ: RIVN) are ahead of the competition, but all EV companies have faced supply chain challenges as a result of… Continue reading Nio Is Down 70% From All-Time Highs. Here Are 2 Reasons Why It’s Worth a Second Chance.

Nasdaq Bear Market: 3 Stellar Growth Stocks That Can Double Your Money by 2025

Motley Fool Is Upstart Holdings Stock a Buy Now? Upstart Holdings (NASDAQ: UPST) was one of the hottest tech stocks last year. Upstart goes a step further by gathering additional data — including a customer’s educational history, area of study, GPA, standardized test scores, and work history — to create a more comprehensive lending profile.… Continue reading Nasdaq Bear Market: 3 Stellar Growth Stocks That Can Double Your Money by 2025

Tesla Stock Vs. BYD Stock: Tesla Bounces, China EV Giant Launching BYD Seal, Model 3 Rival

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General Motors’ Income Tumbles 40% on China Loss, Parts Shortages

Bloomberg Goldman Warns China’s Property Crisis Will Sink Iron Ore (Bloomberg) — The crisis engulfing China’s property sector will help swing the iron ore market to a significant surplus over the second half of the year and push prices sharply lower, according to Goldman Sachs Group Inc.Most Read from BloombergWho Is Nicole Shanahan, Woman at… Continue reading General Motors’ Income Tumbles 40% on China Loss, Parts Shortages

Mexico’s ‘Super Peso’ Shocks Traders Who Were Betting on Wipeout

(Bloomberg) — Amid the carnage in emerging-market currencies this year, there’s been a surprisingly resilient outlier: the Mexican peso. Most Read from Bloomberg It’s held up as almost every peer succumbed to the dollar’s relentless push higher, an outperformance so stark that a few analysts have taken to calling it the “super peso.” Some of… Continue reading Mexico’s ‘Super Peso’ Shocks Traders Who Were Betting on Wipeout