Magna International Cuts Full-Year Sales Guidance as First-Quarter Results Miss Views

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UPDATE 1-Magna lags profit estimates, cuts annual sales forecast on supply chain snags

(Adds details from conference call, shares) By Nathan Gomes May 3 (Reuters) – Canada’s Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. The company’s shares were down about 4% in early trade. Auto parts… Continue reading UPDATE 1-Magna lags profit estimates, cuts annual sales forecast on supply chain snags

Magna lags profit estimates, cuts annual sales forecast on supply chain snags

By Nathan Gomes (Reuters) -Canada’s Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. The company’s shares were down about 4% in early trade. Auto parts suppliers have been struggling with lower-than-expected demand for their… Continue reading Magna lags profit estimates, cuts annual sales forecast on supply chain snags

The Tel Aviv Stock Exchange (TASE) Schedules First Quarter 2024 Results Release and Conference Call for Wednesday, May 22, 2024

TEL AVIV, Israel, May 3, 2024 /PRNewswire/ — The Tel Aviv Stock Exchange Ltd (TASE: TASE) is pleased to announce that its financial statements for the period ended March 31, 2024 will be published on Wednesday, May 22, 2024, after market close. The financial statements and the presentation will be posted on TASE’s MAYA website as well… Continue reading The Tel Aviv Stock Exchange (TASE) Schedules First Quarter 2024 Results Release and Conference Call for Wednesday, May 22, 2024

@Fisker: Fisker Adds Six New Locations: Three New Dealer Partner Locations in California, and New Locations in Missouri, Pennsylvania, and Guam000224

LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced that the company has added six new locations, having signed three new dealer partner locations in California, and three more locations in the US and US territories. In California, Lumin Fisker in Sacramento and… Continue reading @Fisker: Fisker Adds Six New Locations: Three New Dealer Partner Locations in California, and New Locations in Missouri, Pennsylvania, and Guam000224

Magna Wins 2024 Automotive News PACE Award, Receives PACEpilot Recognitions

Magna International Inc. Magna’s Integrated Driver & Occupant Monitoring System Magna’s Integrated Driver & Occupant Monitoring System wins 2024 Automotive News PACE Award Integrated Driver & Occupant Monitoring System is one of 13 PACE Award winners out of 33 finalists Exteriors and seating products secure two of 11 PACEpilot Innovation to Watch recognitions Magna only… Continue reading Magna Wins 2024 Automotive News PACE Award, Receives PACEpilot Recognitions

Magna Wins 2024 Automotive News PACE Award, Receives PACEpilot Recognitions

Integrated Driver & Occupant Monitoring System is one of 13 PACE Award winners out of 33 finalists Exteriors and seating products secure two of 11 PACEpilot Innovation to Watch recognitions Magna only company to receive a PACE and multiple PACEpilot Awards AURORA, Ontario, April 30, 2024 (GLOBE NEWSWIRE) — Magna was named a 2024 Automotive… Continue reading Magna Wins 2024 Automotive News PACE Award, Receives PACEpilot Recognitions

Magna Wins 2024 Automotive News PACE Award, Receives PACEpilot Recognitions

Integrated Driver & Occupant Monitoring System is one of 13 PACE Award winners out of 33 finalists Exteriors and seating products secure two of 11 PACEpilot Innovation to Watch recognitions Magna only company to receive a PACE and multiple PACEpilot Awards AURORA, Ontario, April 30, 2024 (GLOBE NEWSWIRE) — Magna was named a 2024 Automotive… Continue reading Magna Wins 2024 Automotive News PACE Award, Receives PACEpilot Recognitions

Spanish hotels now have their own distinction

One, Two and Three MICHELIN Keys Just like the Stars that indicate the best culinary experiences in the MICHELIN Guide restaurant selection, the MICHELIN Keys reveal accommodations in the Guide’s hotel selection that offer the most outstanding stays. They are a new benchmark for travelers, qualifying each hotel experience in broader terms than simple amenities.… Continue reading Spanish hotels now have their own distinction

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Innoviz Technologies Ltd. of Class Action Lawsuit and Upcoming Deadlines – INVZ

NEW YORK, April 28, 2024 /PRNewswire/ — Pomerantz LLP announces that a class action lawsuit has been filed against Innoviz Technologies Ltd. (“Innoviz” or the “Company”) (NASDAQ: INVZ) and certain officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 24-cv-01971 is on behalf… Continue reading SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Innoviz Technologies Ltd. of Class Action Lawsuit and Upcoming Deadlines – INVZ