Eaton Completes the Acquisition of Tripp Lite, Expanding Eaton’s Power Quality Business in the Americas

TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Do you like roller coasters? According to Deutsche Bank, we’re looking at some roller coaster volatility for the next few months, with near-term gains likely, followed by a Q2 retreat, and second-half gains. The firm expects share values to fall in the next… Continue reading Eaton Completes the Acquisition of Tripp Lite, Expanding Eaton’s Power Quality Business in the Americas

China’s SAIC partners with U.S. lidar maker Luminar on self-driving cars

TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Do you like roller coasters? According to Deutsche Bank, we’re looking at some roller coaster volatility for the next few months, with near-term gains likely, followed by a Q2 retreat, and second-half gains. The firm expects share values to fall in the next… Continue reading China’s SAIC partners with U.S. lidar maker Luminar on self-driving cars

Xpeng CEO Bought Shares In Rival Nio During 2019 Low

TipRanks These 2 EV Stocks Have Over 40% Upside Potential, Say Analysts Everyone wants to be part of the next big thing, and right now, in the automotive industry, that’s looking more and more like electric vehicles (EVs). A combination of social and political pressures are promoting EVs, and manufacturers – both legacy automakers like… Continue reading Xpeng CEO Bought Shares In Rival Nio During 2019 Low

Adient Ends China JV In A $1.5B Cash Deal; Stock Rises 18%

Bloomberg Biden Eyes First Major Tax Hike Since 1993 in Next Economic Plan (Bloomberg) — President Joe Biden is planning the first major federal tax hike since 1993 to help pay for the long-term economic program designed as a follow-up to his pandemic-relief bill, according to people familiar with the matter.Unlike the $1.9 trillion Covid-19… Continue reading Adient Ends China JV In A $1.5B Cash Deal; Stock Rises 18%

Adient announces strategic transformation in China

– Company enters into agreement with joint venture partner Yanfeng to end its YFAS joint venture – Transactions provide Adient opportunity to independently drive its strategy in China – After-tax proceeds of ~$1.4B, combined with existing cash on the balance sheet, are expected to drive significant debt paydown throughout 2021 PLYMOUTH, Mich., March 12, 2021… Continue reading Adient announces strategic transformation in China

XPeng stock falls even as losses narrow and revenue rises, amid broader weakness in EV stocks

Bloomberg Apple Could Hit $3 Trillion Market Valuation, Analysts Say (Bloomberg) — Apple Inc.’s stock could reach a market capitalization of $3 trillion, analysts say, citing the development of the Apple Car as well as high expectations for the next iPhone.Citigroup Inc. and Wedbush see potential for the tech giant to hit the milestone, an… Continue reading XPeng stock falls even as losses narrow and revenue rises, amid broader weakness in EV stocks

Linamar Rockets Back to Growth with Exceptional Earnings Performance and Excellent Free Cash Flow

(TSX: LNR) GUELPH, ON, March 10, 2021 /CNW/ – Linamar Corporation logo (CNW Group/Linamar Corporation) During the fourth quarter of 2020 (“Q4 2020”), the Company experienced strong sales and operating earnings in both segments; Free cash flow1 was $422.3 million for Q4 2020 and when combined with previous quarters is now $1,185.0 million for 2020,… Continue reading Linamar Rockets Back to Growth with Exceptional Earnings Performance and Excellent Free Cash Flow

Great Wall invests in auto chip startup Horizon Robotics to develop smart car technologies

TipRanks Raymond James: These 3 Stocks Are Poised to Surge by at Least 50% In a recent note on the state of the stock markets, Raymond James equity strategist Tavis McCourt points out a series of policy factors that are playing a role in the current market volatility; the situation is more complex, perhaps, than… Continue reading Great Wall invests in auto chip startup Horizon Robotics to develop smart car technologies

Chinese firm BYD increases solar panel production in Brazil

Bloomberg Oil Bulls Who Stayed Course Through Free-Fall Reap Rewards (Bloomberg) — An oil glut coupled with a virus-induced free-fall in global demand sent energy stocks spiraling a year ago. Now, as the world begins to recover from the pandemic, oil bulls who stayed the course are enjoying big returns.The move is turning some fund… Continue reading Chinese firm BYD increases solar panel production in Brazil

Xpeng To Launch New Electric Vehicle, Reports Mixed Q4

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by… Continue reading Xpeng To Launch New Electric Vehicle, Reports Mixed Q4