CATL Unveils Its Latest Breakthrough Technology by Releasing Its First Generation of Sodium-ion Batteries

Another Milestone in the Industrialization of Innovative Technologies NINGDE, China, July 29, 2021 /CNW/ — Contemporary Amperex Technology Co., Ltd. (CATL) successfully held its first online launch event “Tech Zone” on July 29. Dr. Robin Zeng, chairman of CATL, unveiled the company’s first-generation sodium-ion battery, together with its AB battery pack solution – which is… Continue reading CATL Unveils Its Latest Breakthrough Technology by Releasing Its First Generation of Sodium-ion Batteries

Magna Signs Joint Venture Agreement With LG Electronics Focussed On Powertrain Components

Bloomberg Tilray Surges as Cannabis Poised to Benefit After Lockdown (Bloomberg) — Tilray Inc. shares surged the most in more than five months as investors rewarded the cannabis company for profiting even amid challenges due to Canada’s Covid-19 restrictions.Net income was $33.6 million for the fiscal fourth quarter ended May 31, compared with a loss… Continue reading Magna Signs Joint Venture Agreement With LG Electronics Focussed On Powertrain Components

Magna to Bring Driver Assistance Into the Digital Age With Industry-First Capabilities in 2022

ICON Pedestrian Detection Magna’s ICON Digital Radar detects pedestrians up to 150 meters away Magna’s ICON Digital Radar detects pedestrians up to 150 meters away ICON™ Digital Radar takes advanced driver-assistance technology to new levels Latest advancement helps address industry challenges for safer driving and higher levels of autonomy Developed in partnership with technology startup… Continue reading Magna to Bring Driver Assistance Into the Digital Age With Industry-First Capabilities in 2022

SHAREHOLDER ALERT: WeissLaw LLP Investigates Veoneer, Inc.

NEW YORK, July 23, 2021 /PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Veoneer, Inc. (“Veoneer” or the “Company”) (NYSE: VNE) in connection with the Company’s proposed acquisition by Magna International Inc. (“Magna”) (NYSE: MGA). Under the terms of the merger… Continue reading SHAREHOLDER ALERT: WeissLaw LLP Investigates Veoneer, Inc.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Veoneer, Inc. Buyout

WILMINGTON, Del., July 23, 2021 (GLOBE NEWSWIRE) — Rigrodsky Law, P.A. announces that it is investigating Veoneer, Inc. (“Veoneer”) (NYSE: VNE) regarding possible breaches of fiduciary duties and other violations of law related to Veoneer’s agreement to be acquired by Magna International Inc. (NYSE: MGA). Under the terms of the agreement, Veoneer’s shareholders will receive… Continue reading SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Veoneer, Inc. Buyout

Why Nio Stock Dropped Friday

Morningstar Research Analyst Report: TAL Education Group Founded in 2003, TAL Education is one of the leading K-12 after-school tutoring providers in China. The firm offers tutoring services to students from pre-school to the twelfth grade via small classes, one-on-one personalized premium services, and online courses. In fourth quarter fiscal 2021, TAL’s small classes account… Continue reading Why Nio Stock Dropped Friday

Magna Buys Driver-Assist Supplier Veoneer for $3.8 Billion

(Bloomberg) — Magna International Inc. will acquire Veoneer Inc. for $3.8 billion in cash, bolstering its business supplying advanced driver-assistance systems to automakers. The $31.25-a-share offer represents a 57% premium to Veoneer’s closing price on Thursday. The transaction is expected to close toward the end of this year, according to a statement. Veoneer shares traded… Continue reading Magna Buys Driver-Assist Supplier Veoneer for $3.8 Billion

Magna (MGA) to Enhance ADAS Portfolio on Veoneer Acquisition

Magna International MGA recently entered into an agreement to acquire Veoneer Inc. VNE — an automotive-safety technology company — with a vision to expand its advanced driving assistance systems (ADAS). Per the agreement, Magna will acquire all of the issued and outstanding shares of Veoneer for $31.25 per share in cash, representing an equity value… Continue reading Magna (MGA) to Enhance ADAS Portfolio on Veoneer Acquisition

Magna To Buy Veoneer For $3.8B

Motley Fool 3 Top Stocks to Buy in July The S&P 500 is up roughly 15% across 2021’s trading, but concerns related to the pandemic and inflation are also creating volatility. Airbnb (NASDAQ: ABNB) has already disrupted the travel space, and its name is virtually synonymous with the short-term vacation rental category. Surging cases of… Continue reading Magna To Buy Veoneer For $3.8B

Will Eaton (ETN) Beat Estimates Again in Its Next Earnings Report?

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Eaton (ETN), which belongs to the Zacks Manufacturing – Electronics industry. This power management company has seen a nice streak of beating earnings estimates, especially when looking at the previous two… Continue reading Will Eaton (ETN) Beat Estimates Again in Its Next Earnings Report?