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
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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
Nevada Jury Awards Electrician $15.6 Million in Mesothelioma Case
Dean Omar Branham Shirley LLP secures victory in Washoe County court RENO, Nev., Aug. 13, 2021 /PRNewswire/ — The attorneys of Dean Omar Branham Shirley LLP secured a $15.6 million verdict on behalf of a Fernley, Nevada, an electrician who contracted mesothelioma after working with asbestos-containing components manufactured by Eaton Corp. (NYSE: ETN). Working as… Continue reading Nevada Jury Awards Electrician $15.6 Million in Mesothelioma Case
Investing in Aptiv (NYSE:APTV) five years ago would have delivered you a 215% gain
When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far more than 100% on a really good stock. One great example is Aptiv PLC (NYSE:APTV) which saw its share price drive 153% higher over five years. On top of that, the… Continue reading Investing in Aptiv (NYSE:APTV) five years ago would have delivered you a 215% gain
Good Entry Point for NIO Stock? Analyst Weighs In
Nio (NIO) investors usually have high expectations from the company dubbed the Tesla of China. Before Thursday’s post-2Q21’s results, in the prior 11 quarters, shares fell eight times following the quarter’s financial report. Going by Thursday’s action, you can now make that 9 out of 12. Not that the results were bad. In fact, there… Continue reading Good Entry Point for NIO Stock? Analyst Weighs In
Why Nio Stock Is Lower Today
Shares of Chinese electric vehicle maker Nio (NYSE: NIO) were trading lower on Friday. A Wall Street analyst trimmed his bank’s price target for Nio’s American depositary shares after the company provided conservative guidance with its earnings report on Wednesday. Nio reported its second-quarter results after the U.S. markets closed on Wednesday, and while they… Continue reading Why Nio Stock Is Lower Today