Companies frequently employ stock buybacks or share repurchase programs to bolster shareholder value. These initiatives involve firms purchasing their own outstanding shares. This effectively consolidates ownership and reallocates profits among fewer shares, potentially boosting earnings per share and shareholder returns. Such buybacks are often seen as a prudent use of extra cash, especially when a… Continue reading 3 Auto Firms to Watch on Stock Buyback Bonanza
Author: Yarhow_Finance Online News
Autoliv Announces Results of 2024 Annual General Meeting of Stockholders
STOCKHOLM, May 13, 2024 /PRNewswire/ — Autoliv, Inc., (NYSE: ALV) (SSE: ALIV-sdb), the worldwide leader in automotive safety systems, today announced the results of its annual general meeting of stockholders held on May 10, 2024. Annual General Meeting of Stockholders The Company’s 2024 Annual General Meeting of Stockholders (AGM) voted for approval of the following… Continue reading Autoliv Announces Results of 2024 Annual General Meeting of Stockholders
Adient (ADNT) Q2 Earnings Beat Estimates, Guidance Revised
Adient ADNT reported adjusted earnings per share (EPS) of 54 cents for the second quarter of fiscal 2024. Earnings rose from 32 cents recorded in the year-ago period and outpaced the Zacks Consensus Estimate of 39 cents. The company generated net sales of $3.75 billion, which decreased 4.1% year over year and missed the Zacks… Continue reading Adient (ADNT) Q2 Earnings Beat Estimates, Guidance Revised
New Strong Sell Stocks for May 13th
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Atlas Energy Solutions Inc. AESI is a provider of proppant and logistics services to customers engaged in the oil and natural gas industry principally within the Permian Basin of West Texas and New Mexico. The Zacks Consensus Estimate for its current… Continue reading New Strong Sell Stocks for May 13th
FORVIA: Share Buyback Transaction Statement From 06 May 2024 to 10 May 2024
Forvia Nanterre, 13 May 2024 Share Buyback Transaction Statement From 06 May 2024 to 10 May 2024(article 241-4, I of the Règlement Général of the Autorité des Marchés Financiers and position-recommendation of the Autorité des Marchés Financiers DOC-2017-04) Aggregated presentation by day and market Issuer’s name Issuer’s identifying code Transaction date Identifying code of financial… Continue reading FORVIA: Share Buyback Transaction Statement From 06 May 2024 to 10 May 2024
Should You Buy ElringKlinger AG (ETR:ZIL2) For Its Upcoming Dividend?
Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see ElringKlinger AG (ETR:ZIL2) is about to trade ex-dividend in the next four days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the… Continue reading Should You Buy ElringKlinger AG (ETR:ZIL2) For Its Upcoming Dividend?
Tesla Breaks Support As EV Woes Mount; High-Margin BYD Eyes Buy Point
Tesla’s Autopilot caused a fiery crash into a tree, killing a Colorado man, lawsuit says The widow of a man who died after his Tesla veered off the road and crashed into a tree while he was using its partially automated driving system is suing the carmaker, claiming its marketing of the technology is dangerously… Continue reading Tesla Breaks Support As EV Woes Mount; High-Margin BYD Eyes Buy Point
Magna (MGA) Stock Down 4% Since Q1 Earnings & Sales Miss
Shares of Magna International MGA have declined 4.2% since the company reported first-quarter 2024 results. The auto equipment provider reported adjusted earnings of $1.08 per share, which declined from the year-ago quarter’s $1.11 per share and also missed the Zacks Consensus Estimate of $1.28. The underperformance is attributed to lower-than-expected adjusted EBIT from Body Exteriors & Structures… Continue reading Magna (MGA) Stock Down 4% Since Q1 Earnings & Sales Miss
Knorr-Bremse AG (ETR:KBX) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates
It’s been a good week for Knorr-Bremse AG (ETR:KBX) shareholders, because the company has just released its latest quarterly results, and the shares gained 8.3% to €74.70. Knorr-Bremse reported €2.0b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of €0.95 beat expectations, being 3.2% higher than what the analysts… Continue reading Knorr-Bremse AG (ETR:KBX) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates
Continental First Quarter 2024 Earnings: Misses Expectations
Continental (ETR:CON) First Quarter 2024 Results Key Financial Results Revenue: €9.79b (down 5.0% from 1Q 2023). Net loss: €53.0m (down by 114% from €382.0m profit in 1Q 2023). €0.27 loss per share (down from €1.91 profit in 1Q 2023). earnings-and-revenue-growth All figures shown in the chart above are for the trailing 12 month (TTM) period… Continue reading Continental First Quarter 2024 Earnings: Misses Expectations