Magna International MGA reported second-quarter 2021 adjusted earnings of $1.40 per share, turning around from the loss of $1.71 incurred in the year-ago period. The bottom line, however, missed the Zacks Consensus Estimate of $1.44 per share. For the reported quarter, net sales skyrocketed 114.7% from the prior-year quarter to $9,034 million but fell short… Continue reading Magna (MGA) Q2 Earnings & Sales Miss Mark, Trims ’21 View
Author: Yarhow_Finance Online News
Linamar Announces Global Exclusive Manufacturing Agreement and Investment in Automation & Robotics Gearbox Leader IMSystems
GUELPH, ON, Aug. 11, 2021 /CNW/ – Linamar Corporation (TSX: LNR) today announced that it has entered into an exclusive Global Manufacturing Agreement with Netherlands based Innovative Mechatronic Systems B.V. (IMSystems) to bring the Archimedes Drive transmission system to market, a promising technology that offers a major innovation in the Industrial Robotics & Automation sector.… Continue reading Linamar Announces Global Exclusive Manufacturing Agreement and Investment in Automation & Robotics Gearbox Leader IMSystems
Japanese shares end higher for fourth day on earnings, rising U.S. yields
TOKYO, Aug 11 (Reuters) – Japanese shares closed higher for a fourth straight session on Wednesday, helped by strong earnings from Bridgestone and other firms, while banking stocks received support from rising U.S. bond yields. The Nikkei share average climbed 0.65% to 28,070.51, its first close above 28,000 since July 16, though it could face… Continue reading Japanese shares end higher for fourth day on earnings, rising U.S. yields
How Goodyear is shaping the future of tires
Yahoo Finance’s Brian Sozzi gets a sneak peak of Goodyear’s global headquarters in Akron, Ohio before his interview with Goodyear CEO Rich Kramer. Video Transcript MYLES UDLAND: All right, welcome back to Yahoo Finance Live on this Wednesday morning. Brian Sozzi at a disclosed location, Northeastern Ohio at the Goodyear plant. Sozzi, what’s going on?… Continue reading How Goodyear is shaping the future of tires
Buy NIO Stock Ahead of Earnings, Says Analyst
EV giant Nio (NIO) will be in the spotlight when it reports second-quarter results after market close today. As the countdown to NIO earnings starts, Wall Street’s confidence backing the stock is strong. Based on Buys only – 6, in total – the stock has a Strong Buy consensus rating. The average price of $64.50… Continue reading Buy NIO Stock Ahead of Earnings, Says Analyst
NIO Earnings: What to Look for From NIO
TipRanks 3 “Strong Buy” Stocks Under $10 With Robust Upside Ahead Let’s talk about stock returns, it’s a favorite topic for investors. After all, returns make investing worth the effort. Finding them, however, isn’t always easy. It’s tempting to buy into the big-name mega-companies, the Apples and Amazons with trillion-dollar valuation, high share prices, and… Continue reading NIO Earnings: What to Look for From NIO
Why Tesla, Nio, and Nikola Stocks Dropped Today
Motley Fool Why Editas Medicine Beat the Market on Monday Editas Medicine (NASDAQ: EDIT) got a spoonful of good medicine on Monday that gave its shares a healthy lift; ultimately, the stock closed the day more than 4.4% higher. Lee’s new bullishness on the company, which utilizes gene-editing technology to develop medications, is due to… Continue reading Why Tesla, Nio, and Nikola Stocks Dropped Today
LEAR (LEA) Q2 Earnings Beat, Sales Miss Estimates, ’21 View Down
Lear Corporation LEA reported second-quarter 2021 adjusted earnings of $2.45 per share, marginally surpassing the Zacks Consensus Estimate of $2.40. Higher-than-expected contribution from the E-Systems segment led to this outperformance. The reported earnings figure also turns around the loss of $4.14 per share witnessed in second-quarter 2020. For the reported quarter, revenues surged 95% year… Continue reading LEAR (LEA) Q2 Earnings Beat, Sales Miss Estimates, ’21 View Down
Goodyear (GT) Q2 Earnings Beat Estimates, Sales Soar 86% Y/Y
The Goodyear Tire & Rubber Company GT reported second-quarter 2021 adjusted earnings per share of 32 cents, surpassing the Zacks Consensus Estimate of 17 cents and turning around from the year-ago loss of $1.87. High sales volumes, revenues and operating income from the Europe, Middle East and Africa (EMEA) and Asia Pacific units drove the… Continue reading Goodyear (GT) Q2 Earnings Beat Estimates, Sales Soar 86% Y/Y
10 Best EV Materials Stocks to Buy
In this article, we discuss the 10 best EV materials stocks to buy. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best EV Materials Stocks to Buy. The increase in demand for electric vehicles (EVs) around the world over the past few years has also given a… Continue reading 10 Best EV Materials Stocks to Buy