2021/07/26 5:45pm Financial information for the six months ended June 30, 2021 First-half 2021: The Michelin Group reports sales of €11.2 billion – up 19.6% –and segment operating income of €1.4 billion, representing 12.7% of sales. The Group raises its full-year guidance. In an environment shaped by an enduring health crisis, the robust market… Continue reading 2021/07/26 5:45pm Financial information for the six months ended June 30, 2021
Category: Suppliers
SHAREHOLDER ALERT: WeissLaw LLP Investigates Veoneer, Inc.
NEW YORK, July 23, 2021 /PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Veoneer, Inc. (“Veoneer” or the “Company”) (NYSE: VNE) in connection with the Company’s proposed acquisition by Magna International Inc. (“Magna”) (NYSE: MGA). Under the terms of the merger… Continue reading SHAREHOLDER ALERT: WeissLaw LLP Investigates Veoneer, Inc.
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Veoneer, Inc. Buyout
WILMINGTON, Del., July 23, 2021 (GLOBE NEWSWIRE) — Rigrodsky Law, P.A. announces that it is investigating Veoneer, Inc. (“Veoneer”) (NYSE: VNE) regarding possible breaches of fiduciary duties and other violations of law related to Veoneer’s agreement to be acquired by Magna International Inc. (NYSE: MGA). Under the terms of the agreement, Veoneer’s shareholders will receive… Continue reading SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Veoneer, Inc. Buyout
Why Nio Stock Dropped Friday
Morningstar Research Analyst Report: TAL Education Group Founded in 2003, TAL Education is one of the leading K-12 after-school tutoring providers in China. The firm offers tutoring services to students from pre-school to the twelfth grade via small classes, one-on-one personalized premium services, and online courses. In fourth quarter fiscal 2021, TAL’s small classes account… Continue reading Why Nio Stock Dropped Friday
TomTom nominates Karien van Gennip as new Supervisory Board Member
Amsterdam, the Netherlands, 23 July 2021, TomTom (TOM2), the mapmaker and location technology specialist, today announced that Karien van Gennip has been nominated for appointment to the TomTom Supervisory Board for a term of four years. Her appointment will be proposed at an Extraordinary General Meeting to be convened later this year. Karien van Gennip (1968, Dutch) is Chairman of the Executive Board and CEO… Continue reading TomTom nominates Karien van Gennip as new Supervisory Board Member
Magna Buys Driver-Assist Supplier Veoneer for $3.8 Billion
(Bloomberg) — Magna International Inc. will acquire Veoneer Inc. for $3.8 billion in cash, bolstering its business supplying advanced driver-assistance systems to automakers. The $31.25-a-share offer represents a 57% premium to Veoneer’s closing price on Thursday. The transaction is expected to close toward the end of this year, according to a statement. Veoneer shares traded… Continue reading Magna Buys Driver-Assist Supplier Veoneer for $3.8 Billion
Magna (MGA) to Enhance ADAS Portfolio on Veoneer Acquisition
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
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