Richard Pzena (Trades, Portfolio), the founder and Co-Chief Investment Officer of Pzena Investment Management, LLC, has made notable changes to his investment portfolio in the third quarter of 2024. Since establishing his firm in 1995, Pzena has adhered to a value investing philosophy, focusing on acquiring shares of commendable businesses at low prices, typically influenced… Continue reading Richard Pzena’s Strategic Moves in Q3 2024: A Closer Look at Dollar General Corp’s Significant …
Tag: Magna
Jaguar F-Pace to be axed globally in 2026
The Jaguar F-Pace will be axed globally in early 2026, JLR CEO Adrian Mardell has confirmed, after it was pulled from sale in the UK. Jaguar no longer sells any new cars in its home market and won’t until its all-new four-door electric GT arrives in summer 2026. “We’ve reviewed all of the Jaguar nameplates,” said Mardell.… Continue reading Jaguar F-Pace to be axed globally in 2026
Serve Robotics Announces Third Quarter 2024 Results
Announced plans for geographic expansion into the Dallas Fort Worth metro Completed $32.3 million in capital raise transactions; Cash balance of $50.9 million as of third quarter end Announced agreement to acquire Vebu and its pioneering avocado-processing robot, Autocado SAN FRANCISCO, Nov. 7, 2024 /PRNewswire/ — Serve Robotics Inc. (the “Company” or “Serve”) (Nasdaq: SERV),… Continue reading Serve Robotics Announces Third Quarter 2024 Results
Magna International Launches Share Buyback Program
https://www.tipranks.com/news/company-announcements/magna-international-launches-share-buyback-program Magna International (TSE:MG) has released an update. Magna International has announced a new Normal Course Issuer Bid allowing the company to repurchase up to 10% of its public float, or 28.5 million shares, by November 2025. This move, approved by the Toronto Stock Exchange, aims to purchase shares for cancellation and support stock-based compensation… Continue reading Magna International Launches Share Buyback Program
Bank Leumi to Report 3Q 2024 Financial Results on November 19, 2024
TEL AVIV, Israel, Nov. 6, 2024 /PRNewswire/ — Bank Leumi (TASE: LUMI) announced today that it will release its Third Quarter 2024 Financial Results on Tuesday, November 19, 2024. A conference call for analysts and investors will be held on the same day at 5 PM (Israel); 3 PM (UK); 10 AM (ET) to discuss… Continue reading Bank Leumi to Report 3Q 2024 Financial Results on November 19, 2024
Magna Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan
AURORA, Ontario, Nov. 05, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA) today announced the termination of its existing Normal Course Issuer Bid effective since February 15, 2024 (the “Prior NCIB”) and the Toronto Stock Exchange (“TSX”) has accepted its Notice of Intention to establish a new Normal Course Issuer Bid (the… Continue reading Magna Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan
Magna Up 2.7% In US Premarket As Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan
Magna Up 2.7% In US Premarket As Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan Go to Source
Magna Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan
AURORA, Ontario, Nov. 05, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA) today announced the termination of its existing Normal Course Issuer Bid effective since February 15, 2024 (the “Prior NCIB”) and the Toronto Stock Exchange (“TSX”) has accepted its Notice of Intention to establish a new Normal Course Issuer Bid (the… Continue reading Magna Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan
Magna Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan
AURORA, Ontario, Nov. 05, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA) today announced the termination of its existing Normal Course Issuer Bid effective since February 15, 2024 (the “Prior NCIB”) and the Toronto Stock Exchange (“TSX”) has accepted its Notice of Intention to establish a new Normal Course Issuer Bid (the… Continue reading Magna Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan
Magna International Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
Revenue: US$10.3b (down 3.8% from 3Q 2023). Net income: US$484.0m (up 23% from 3Q 2023). Profit margin: 4.7% (up from 3.7% in 3Q 2023). EPS: US$1.69 (up from US$1.38 in 3Q 2023). earnings-and-revenue-growth All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 1.0%. Earnings… Continue reading Magna International Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag