Japan’s Bridgestone to close tire factory in Bethune due to low demand More By Dominique Vidalon and Kiyoshi Takenaka PARIS/TOKYO (Reuters) – The French government is looking into options to try to prevent the closure of a Bridgestone <5108.T> tyre plant in northern France by its Japanese owner, and save jobs, finance minister Bruno Le… Continue reading France to fight ‘appalling’ Bridgestone plant closure: finance minister
Author: Yarhow_Finance Online News
FOCUS-Pandemic e-commerce surge spurs race for ‘Tesla-like’ electric delivery vans
By Nick Carey Sept 9 (Reuters) – Delivery fleet operators face regulatory pressure in California and other states to buy electric vehicles, but a surge in package deliveries thanks to coronavirus lockdowns has major firms itching to switch to electric right now. And they want far more than just battery-powered versions of diesel- or gas-guzzling… Continue reading FOCUS-Pandemic e-commerce surge spurs race for ‘Tesla-like’ electric delivery vans
Hyundai Mobis Accelerate Mobility Technologies Investing in Overseas VC Funds
TipRanks Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 50% Is it time for the bears to break out the champagne glasses? Not so fast, says Goldman Sachs. Volatility has ruled the Street for the last few weeks, leading some to conclude that those with a more pessimistic outlook had been… Continue reading Hyundai Mobis Accelerate Mobility Technologies Investing in Overseas VC Funds
Hyundai Mobis develops Integrated Communication Controller, the next-generation V2X control technology for the first time in Korea
TipRanks Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 50% Is it time for the bears to break out the champagne glasses? Not so fast, says Goldman Sachs. Volatility has ruled the Street for the last few weeks, leading some to conclude that those with a more pessimistic outlook had been… Continue reading Hyundai Mobis develops Integrated Communication Controller, the next-generation V2X control technology for the first time in Korea
EU to investigate Eaton’s $3.3 bln sale of hydraulics unit to Danfoss
TipRanks Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 50% Is it time for the bears to break out the champagne glasses? Not so fast, says Goldman Sachs. Volatility has ruled the Street for the last few weeks, leading some to conclude that those with a more pessimistic outlook had been… Continue reading EU to investigate Eaton’s $3.3 bln sale of hydraulics unit to Danfoss
Compagnie Gener. des Etablissements Michelin — Moody’s affirms Michelin’s A3/P-2 ratings, outlook stable
Moody’s Investors Service, (“Moody’s”) has today affirmed all ratings of Compagnie Generale des Etablissements Michelin (CGEM, Michelin, or the group), including the issuer ratings of A3 for CGEM and Compagnie Financiere Michelin SCmA (CFM), a wholly owned subsidiary of CGEM and parent company of Michelin Luxembourg SCS (MiLux). Concurrently, Moody’s has affirmed the short-term Prime-2… Continue reading Compagnie Gener. des Etablissements Michelin — Moody’s affirms Michelin’s A3/P-2 ratings, outlook stable
Bridgestone Is Said to Weigh Firestone Building Products Sale
(Bloomberg) — Bridgestone Corp., the Japanese industrial conglomerate, is considering a sale of its Firestone Building Products for about $2.5 billion, according to people with knowledge of the matter. The company has hired an adviser to explore strategic options for the business, said the people, who asked not to be identified because they weren’t authorized… Continue reading Bridgestone Is Said to Weigh Firestone Building Products Sale
Roper Technologies Announces Second Quarter Results
SARASOTA, Fla., July 28, 2020 (GLOBE NEWSWIRE) — Roper Technologies, Inc. (NYSE: ROP), a leading diversified technology company, reported financial results for the second quarter ended June 30, 2020. Second quarter GAAP and adjusted revenue each decreased 2% to $1.30 billion and $1.31 billion, respectively. Organic revenue decreased 3%. GAAP and adjusted gross margin were… Continue reading Roper Technologies Announces Second Quarter Results
BorgWarner Announces Early Tender Results and Receipt of Requisite Consents to Amend Delphi Technologies’ 5.00% Senior Notes Due 2025 and Related Indenture
AUBURN HILLS, Mich., Sept. 17, 2020 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) (“BorgWarner”) announced today that as of 5:00 p.m., New York City time, on September 16, 2020 (the “Early Tender Deadline”), $763.1 million in aggregate principal amount of outstanding 5.00% Senior Notes due 2025 (the “DT Notes”) of Delphi Technologies PLC (“Delphi Technologies”), representing approximately 95.39% of the $800 million total… Continue reading BorgWarner Announces Early Tender Results and Receipt of Requisite Consents to Amend Delphi Technologies’ 5.00% Senior Notes Due 2025 and Related Indenture
BORG WARNER INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of BorgWarner Inc. – BWA
NEW ORLEANS, Sept. 11, 2020 /PRNewswire/ — Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into BorgWarner Inc. (NYSE: BWA). Kahn Swick & Foti, LLC (“KSF”) – – not all law firms are… Continue reading BORG WARNER INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of BorgWarner Inc. – BWA