Benzinga Rivian In Dispute With Supplier Commercial Vehicle Group: Bloomberg Rivian Automotive Inc (NASDAQ: RIVN) shares fell about 6% on Monday on word the EV startup is in dispute with Commercial Vehicle Group Inc (NASDAQ: CVGI), a key seat supplier, Bloomberg reported. The probable dispute would jeopardize Rivian’s delivery van contract with Amazon.Com, Inc. (NASDAQ:… Continue reading Is Now the Time to Buy Electric Vehicle Stocks?
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Nasdaq dips more than 1% into the close, Tesla drives down consumer discretionary stocks
The Nasdaq closed the day in the red, while energy stocks outperformed and Tesla drove down the consumer discretionary sector. Video Transcript RACHELLE AKUFFO: Welcome back to Yahoo Finance Live, everyone. We are just minutes away from the closing bell. Major indices heading into the close mixed, but let’s take a deeper dive at how… Continue reading Nasdaq dips more than 1% into the close, Tesla drives down consumer discretionary stocks
5 Best Chinese Stocks To Buy And Watch: Shanghai Lockdowns Ease
Reuters China’s economy skids as lockdowns hit factories, retailers BEIJING (Reuters) -China’s retail and factory activity fell sharply in April as wide COVID-19 lockdowns confined workers and consumers to their homes and severely disrupted supply chains, casting a long shadow over the outlook for the world’s second-largest economy. Full or partial lockdowns were imposed in… Continue reading 5 Best Chinese Stocks To Buy And Watch: Shanghai Lockdowns Ease
Ballard Power & Linamar Corporation achieve concept demonstration milestone
VANCOUVER, BC and GUELPH, ON , May 9, 2022 /CNW/ – Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) and Linamar Corporation (TSX: LNR) today announce the unveiling of its concept hydrogen fuel cell powered class 2 truck chassis. The technology demonstration platform is showcased this week at the ACT Expo (https://www.actexpo.com/) displayed in a RAM… Continue reading Ballard Power & Linamar Corporation achieve concept demonstration milestone
Adient reports second quarter 2022 financial results
PLYMOUTH, Mich., May 5, 2022 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its second quarter 2022 financial results. (PRNewsfoto/Adient) Q2 GAAP net loss and EPS diluted of $(81)M and $(0.85), respectively; Q2 Adj.-EPS diluted of $(0.13) Q2 Adj.-EBITDA of $159M, down $144M y-o-y (down $131M when adjusting for portfolio… Continue reading Adient reports second quarter 2022 financial results
Eaton (ETN) Q1 2022 Earnings Call Transcript
Motley Fool Why Skyworks Stock Just Crashed 10% Shares Skyworks Solutions (NASDAQ: SWKS), which makes semiconductors for wireless devices, crashed Wednesday morning, down 10.1% as of 10:20 a.m. ET, despite hitting analyst targets for its fiscal second-quarter sales and earnings last night. Heading into earnings day, analysts had predicted Skyworks would earn $2.63 per share (pro… Continue reading Eaton (ETN) Q1 2022 Earnings Call Transcript
Eaton Reports Record First Quarter 2022 Results
10% Organic Sales Growth, Above the High End of Guidance, Record Backlog and Accelerating Order Activity up 30% in Electrical and up 35% in Aerospace DUBLIN, May 03, 2022–(BUSINESS WIRE)–Power management company Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were $1.33 for the first quarter of 2022. Excluding charges of $0.25 per… Continue reading Eaton Reports Record First Quarter 2022 Results
Eaton to Acquire 50% Stake in Jiangsu Huineng Electric Co., Ltd.’s Circuit Breaker Business
Expands Eaton’s reach to renewable energy, commercial building, utility and industrial customers in the rapidly growing Chinese market DUBLIN, May 02, 2022–(BUSINESS WIRE)–Power management company Eaton (NYSE:ETN) today announced it has signed an agreement to acquire a 50% stake in the circuit breaker business of Jiangsu Huineng Electric Co., Ltd. (Huineng), which manufactures and markets… Continue reading Eaton to Acquire 50% Stake in Jiangsu Huineng Electric Co., Ltd.’s Circuit Breaker Business
Dana (DAN) Q1 Earnings and Revenues Surpass Estimates
Dana (DAN) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected that this… Continue reading Dana (DAN) Q1 Earnings and Revenues Surpass Estimates
Autoliv Shares Slide On Q1 Miss, FY22 Outlook Cut
Investopedia Top REITs for May 2022 Real estate investment trusts (REITs) are publicly traded companies that allow individual investors to buy shares in real estate portfolios that receive income from a variety of properties. They allow investors to invest easily in the real estate sector, which includes companies that own, develop, and manage residential, commercial, and industrial properties.… Continue reading Autoliv Shares Slide On Q1 Miss, FY22 Outlook Cut