Cramer’s final thoughts for the year: Making sense of multiples amid a looming recession

The price-to-earnings multiples say recession. But the multiples said similar things in 2022. So how long can the multiples stay this low? We have all read dozens of articles about what 2023 will bring us. I think most are sincere. Their only drawback, as usual, is that they don’t touch on stocks themselves. They might… Continue reading Cramer’s final thoughts for the year: Making sense of multiples amid a looming recession

Diesel fuel prices dip in December but remain higher than usual

Diesel fuel prices have been steadily falling this month, offering relief to truckers and other customers, yet still remain historically high. Michigan’s average price per gallon is $4.85, down from $5.40 a month a ago and $5.96 at its peak in late June, according to AAA Michigan. Nationally, the average price has fallen 7 cents… Continue reading Diesel fuel prices dip in December but remain higher than usual

Volkswagen recalls Beetles to replace Takata air bags

Volkswagen is recalling nearly 42,000 Beetles in the U.S. and Canada because they have potentially dangerous Takata air bag inflators. The recall covers Beetles from the 2015 and 2016 model years. The National Highway Traffic Safety Administration says in documents posted Friday that the inflators can explode with too much force and hurl shrapnel. Takata… Continue reading Volkswagen recalls Beetles to replace Takata air bags

German Manager Magazine: Henrik-Müller: What we can be proud of in 2022002216

Finally, the positive: The fact that things didn’t get much worse in 2022 was due to the remarkable resilience of Western societies. 2022 was really not a good year. But it offers some cause for optimism. You can build on that. We should make more of this experience. When we talked about the Outlook for… Continue reading German Manager Magazine: Henrik-Müller: What we can be proud of in 2022002216

Inside information, profit warning: Kamux lowers its outlook for the year 2022

Kamux Corporation, Inside information, 30.12.2022 at 11:00 HÄMEENLINNA, Finland, Dec. 30, 2022 /PRNewswire/ — Kamux lowers its outlook for the year 2022 revenue and operating profit due to weaker than expected sales and car sales margin during the fourth quarter. Rationale for updating the outlook Demand for Kamux’s used cars contracted significantly more than expected… Continue reading Inside information, profit warning: Kamux lowers its outlook for the year 2022

Inside information, profit warning: Kamux lowers its outlook for the year 2022

Kamux Corporation, Inside information, 30.12.2022 at 11:00 HÄMEENLINNA, Finland, Dec. 30, 2022 /PRNewswire/ — Kamux lowers its outlook for the year 2022 revenue and operating profit due to weaker than expected sales and car sales margin during the fourth quarter. Rationale for updating the outlook Demand for Kamux’s used cars contracted significantly more than expected… Continue reading Inside information, profit warning: Kamux lowers its outlook for the year 2022

At 4.4% of GDP, current account deficit hits 9-year high

A wider CAD is a negative for the rupee as it indicates the foreign exchange shortfall. The country’s current account deficit (CAD) widened in the second quarter of FY23 to a nine-year high of 4.4% of the gross domestic product, or $36.4 billion in absolute terms. In value terms, the quarterly CAD is the highest… Continue reading At 4.4% of GDP, current account deficit hits 9-year high

Inside information, profit warning: Kamux lowers its outlook for the year 2022

Kamux Corporation, Inside information, 30.12.2022 at 11:00 HÄMEENLINNA, Finland, Dec. 30, 2022 /PRNewswire/ — Kamux lowers its outlook for the year 2022 revenue and operating profit due to weaker than expected sales and car sales margin during the fourth quarter. Rationale for updating the outlook Demand for Kamux’s used cars contracted significantly more than expected… Continue reading Inside information, profit warning: Kamux lowers its outlook for the year 2022

Inside information, profit warning: Kamux lowers its outlook for the year 2022

Kamux Corporation, Inside information, 30.12.2022 at 11:00 HÄMEENLINNA, Finland, Dec. 30, 2022 /PRNewswire/ — Kamux lowers its outlook for the year 2022 revenue and operating profit due to weaker than expected sales and car sales margin during the fourth quarter. Rationale for updating the outlook Demand for Kamux’s used cars contracted significantly more than expected… Continue reading Inside information, profit warning: Kamux lowers its outlook for the year 2022

Alfa Romeo prioritizing vehicle quality and customer satisfaction – Autoblog

Stellantis honcho Carlos Tavares has proved himself adroit at the turnaround. GM had lost money on its European Opel/Vauxhall unit for two decades before Tavares took the helm at Peugeot-Citroen (PSA) and bought GM’s European arm. Tavares restored Opel/Vauxhall to profit in a year. Within 18 months of PSA’s “merger” with Fiat-Chrysler being official, we’re… Continue reading Alfa Romeo prioritizing vehicle quality and customer satisfaction – Autoblog