The Wall Street Journal Commodity Stocks Slip Before the Bell Shares of commodity companies are falling in premarket trading as oil and metal prices come under pressure from China’s slowing economy. [Occidental Petroleum](https://www.wsj.com/articles/warren-buffett-loves-occidental-should-you-11659550708), Devon Energy, Marathon Oil, miner Freeport-McMoRan and oil-services firms Baker Hughes and Schlumberger are all down 2.5% or more. Oil-and-gas shares have… Continue reading Li Auto, NIO, Peloton, and Other Stock Market Movers Monday
Author: Yarhow_Finance Online News
EV startup Fisker explores higher production in 2023, U.S. manufacturing
Aug 12 (Reuters) – Electric-vehicle startup Fisker Inc said on Friday it was exploring options to manufacture in the United States in 2024 and was considering ramping up production of its first vehicle, the Ocean SUV, in the second half of 2023. U.S. manufacturing would make certain vehicle models eligible for a tax credit under… Continue reading EV startup Fisker explores higher production in 2023, U.S. manufacturing
Linamar Corporation’s (TSE:LNR) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Linamar’s (TSE:LNR) stock is up by a considerable 29% over the past three months. Given that stock prices are usually aligned with a company’s financial performance in the long-term, we decided to study its financial indicators more closely to see if they had a hand to play in the recent price move. In this article,… Continue reading Linamar Corporation’s (TSE:LNR) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Investors are Shorting These 10 Chinese Stocks
In this article, we discuss 10 Chinese stocks investors are shorting. If you want to skip our discussion about the turmoil in the Chinese economy, go directly to Investors are Shorting These 5 Chinese Stocks. NIO Inc. (NYSE:NIO), KE Holdings Inc. (NYSE:BEKE), and TAL Education Group (NYSE:TAL) are some of the stocks that investors are… Continue reading Investors are Shorting These 10 Chinese Stocks
Why Nio, XPeng, and Canoo All Shot Higher Today
Stocks of many early-stage electric vehicle (EV) companies are on the move higher Thursday. Shares of China-based Nio (NYSE: NIO) and XPeng (NYSE: XPEV) were up 4.7% and 7.5%, respectively, as of 12:45 p.m. ET. After popping as much as 20%, the stock of U.S.-based Canoo (NASDAQ: GOEV) remained up 6.1% at that time. Go… Continue reading Why Nio, XPeng, and Canoo All Shot Higher Today
EV sales rise 63% in the first half of 2022 amid gas inflation
Yahoo Finance’s Pras Subramanian and Akiko Fujita discuss the adoption of electric vehicles in the first half of 2022 and what brands are benefiting most. Video Transcript AKIKO FUJITA: Well, gas prices are continuing to trend lower. The national average here falling below $4 for the first time since March. We’re talking about the lowest… Continue reading EV sales rise 63% in the first half of 2022 amid gas inflation
IIROC Trading Halt – LNR
TORONTO, Aug. 10, 2022 /CNW/ – The following issues have been halted by IIROC: Company: Linamar Corporation TSX Symbol: LNR All Issues: Yes Reason: Pending News Halt Time (ET): 4:03 PM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented… Continue reading IIROC Trading Halt – LNR
IIROC Trade Resumption – LNR
TORONTO, Aug. 10, 2022 /CNW/ – Trading resumes in: Company: Linamar Corporation TSX Symbol: LNR All Issues: Yes Resumption (ET): 4:30 PM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is… Continue reading IIROC Trade Resumption – LNR
Strong Markets and Market Share Performance Drive Earnings Growth at Linamar Despite Tough Cost Environment
Cision Excellent new business wins (“NBW”) take launch book to nearly $4.9 billion; Sales up 28.2% for Industrial due to strong agricultural and access sales on stronger markets and market share growth; Sales up 25.0% for Mobility on stronger markets and cost recoveries; Two acquisitions completed in the quarter; Strong content per vehicle1 growth in… Continue reading Strong Markets and Market Share Performance Drive Earnings Growth at Linamar Despite Tough Cost Environment
Goodyear (GT) Q2 Earnings & Revenues Beat Estimates, Up Y/Y
Goodyear Tire GT reported second-quarter 2022 adjusted earnings per share of 46 cents, surpassing the Zacks Consensus Estimate of 43 cents. Higher-than anticipated revenues in the Americas and Asia Pacific segments and a rise in operating income in the Americas segment buoyed the results. The bottom line increased 43.7% from the year-ago figure of 32… Continue reading Goodyear (GT) Q2 Earnings & Revenues Beat Estimates, Up Y/Y