Motley Fool Is Coupang Stock a Buy? Coupang (NYSE: CPNG), the top e-commerce company in South Korea, posted its second-quarter numbers on Aug. 11. Its revenue growth exceeded Wall Street’s expectations, but a wider-than-expected loss caused its stock to plunge below its IPO price of $35 a share. Coupang’s revenue rose 71% year over year… Continue reading Longest winning run in 14 years ends as European stocks slip
Author: Yarhow_Finance Online News
Why Nio Stock Is Dropping Today
TipRanks Palantir Profitable at Present, but Future Feels Flimsy One would think that companies that specialize in data analytics and optimization could make appropriate decisions to satiate their shareholders. A firm with intelligent and novel software, Palantir Technologies Inc. (PLTR), has yet to see its share price break out of its sideways trading pattern, even… Continue reading Why Nio Stock Is Dropping Today
Auto Stock Roundup: NIO’s Narrower Q2 Loss, LEA’s Payout Hike & More
July auto sales data for China — the world’s largest car market — was released last week. Per the China Association of Automobile Manufacturers, vehicle sales in the country declined 11.9% year over year to 1.86 million units, tumbling for the third consecutive month. COVID-19 outbreak in China and global shortfall of semiconductor supply resulted… Continue reading Auto Stock Roundup: NIO’s Narrower Q2 Loss, LEA’s Payout Hike & More
5 Best Chinese Stocks To Buy And Watch As Beijing Crackdowns Continue
Hundreds of Chinese companies are listed on U.S. markets. But which are the best Chinese stocks to buy or watch right now? Weibo, Sohu, Nio, BYD Co. and Li Auto. China is the world’s most-populous nation and the second-largest economy with a booming urban middle class and amazing entrepreneurial activity. Go to Source
BorgWarner (NYSE:BWA) Will Pay A Dividend Of US$0.17
BorgWarner Inc.’s (NYSE:BWA) investors are due to receive a payment of US$0.17 per share on 15th of September. This means that the annual payment will be 1.5% of the current stock price, which is in line with the average for the industry. View our latest analysis for BorgWarner BorgWarner’s Payment Has Solid Earnings Coverage We… Continue reading BorgWarner (NYSE:BWA) Will Pay A Dividend Of US$0.17
Faurecia to Take Over Auto Supplier Hella in $8 Billion Deal
(Bloomberg) — Faurecia SE agreed to take over Hella GmbH in a deal valuing the German automotive supplier at 6.8 billion euros ($8 billion), beating out rival bidders from the European car-parts industry. Nanterre, France-based Faurecia will purchase a 60% stake from Hella’s founding Hueck family through a mixture of cash and stock, according to… Continue reading Faurecia to Take Over Auto Supplier Hella in $8 Billion Deal
Combining Faurecia and Hella to create a global leader in fast-growing automotive technologies, fully aligned with industry megatrends
Nanterre (France), August 14, 2021 COMBINING FAURECIA AND HELLA TO CREATE A GLOBAL LEADER IN FAST-GROWING AUTOMOTIVE TECHNOLOGIES, FULLY ALIGNED WITH INDUSTRY MEGATRENDS FAURECIA TO LAUNCH A PUBLIC TENDER CASH OFFER ON HELLA AND ACQUIRE ITS 60% STAKE FROM THE FAMILY POOL Creation of the #7 global automotive supplier, with a highly advanced technology portfolio… Continue reading Combining Faurecia and Hella to create a global leader in fast-growing automotive technologies, fully aligned with industry megatrends
Faurecia Nears Deal for Car Parts Supplier Hella
(Bloomberg) — Faurecia SE is nearing a deal to acquire a majority stake in German automotive supplier Hella GmbH, according to people with knowledge of the matter. The Hueck family, which owns about 60% of Hella’s shares, agreed on Saturday to accept an offer from the French company, the people said, asking not to be… Continue reading Faurecia Nears Deal for Car Parts Supplier Hella
EV Week In Review: Tesla’s China Woes, Giga Berlin to Soon Come Online, Earnings Fail to Lift Nio, Lordstown On Track, Fisker’s Debt Financing and More
The EV space was brimming with activity in the week ended Aug. 13, with fund raising and earnings dominating the headlines. Tesla’s July Deliveries Tumble But Musk Isn’t Bothered: Tesla, Inc. (NASDAQ: TSLA)’s China sales fell 69.4% month-over-month in July, according to data released by industry body China Passenger Car Association. About three-fourth of the… Continue reading EV Week In Review: Tesla’s China Woes, Giga Berlin to Soon Come Online, Earnings Fail to Lift Nio, Lordstown On Track, Fisker’s Debt Financing and More
Big Canadian Pension Fund Hikes Its Position In Nio By 40%: What You Need to Know
Nio, Inc. (NYSE: NIO) is one stock in which there is sustained retail as well as institutional interest. A 13-F filing done by one of Canada’s largest pension funds Friday showed that it has increased its holdings in Nio. What Happened: Canada’s Public Sector Pension Investment Board has hiked its Nio holdings from 192,337 shares… Continue reading Big Canadian Pension Fund Hikes Its Position In Nio By 40%: What You Need to Know