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
Author: Yarhow_Finance Online News
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?
Tight Battery Market Is Next Test for EVs After Chip Crisis
(Bloomberg) — Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer. “When the chip shortage is over, the major supply shortage the industry faces would be batteries,” Yang Hongxin, chairman of SVolt Energy… Continue reading Tight Battery Market Is Next Test for EVs After Chip Crisis
Nikola stock falls after shareholders file to sell off their stakes
Share of Nikola Corp. shed 2.7% in morning trading Friday, after the electric vehicle maker disclosed the offering of 1.68 million shares by selling stockholders. In and S-1 filing with the Securities and Exchange Commission late Thursday, Quasar Energy Partners LLC, Philipp Brothers Fertilizer LLC and Little Brothers LLC are selling off their entire stakes… Continue reading Nikola stock falls after shareholders file to sell off their stakes
Will Goodyear (GT) Beat Estimates Again in Its Next Earnings Report?
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Goodyear (GT). This company, which is in the Zacks Rubber – Tires industry, shows potential for another earnings beat. This tire… Continue reading Will Goodyear (GT) Beat Estimates Again in Its Next Earnings Report?
Why NIO and Nikola Stocks Rose Today, but Churchill Capital IV Dipped
Motley Fool Why Carnival Stock Just Fell About two weeks ago, Carnival stock (NYSE: CCL) (NYSE: CUK) hit an iceberg, when the cruise company announced it would spend $2 billion to buy back some of its debt. In Thursday trading, Carnival stock is going down again — falling 2.4% through 10:30 a.m. EDT — and the… Continue reading Why NIO and Nikola Stocks Rose Today, but Churchill Capital IV Dipped
What You Need To Know About Autoliv, Inc.’s (NYSE:ALV) Investor Composition
If you want to know who really controls Autoliv, Inc. (NYSE:ALV), then you’ll have to look at the makeup of its share registry. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Companies that have been privatized tend to have low insider… Continue reading What You Need To Know About Autoliv, Inc.’s (NYSE:ALV) Investor Composition
Why NIO Stock Dropped and Then Recovered Today
Reuters Videos Tesla to open charging network to other EVs Tesla is set to let other brands’ electric cars use its charging stations. That’s according to a Tweet by boss Elon Musk. He says the move will come later this year, and over time be extended around the world. Tesla has about 25,000 of its… Continue reading Why NIO Stock Dropped and Then Recovered Today
Lear Corporation (LEA) Fell Out Of Favor With Hedge Funds
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 866 world-class investment firms that we track and now have access to the collective wisdom contained in… Continue reading Lear Corporation (LEA) Fell Out Of Favor With Hedge Funds