Market Driver: The increasing demand for premium bicycles is driving the growth of the market. Premium bicycles provide improved riding and safety features. They are built using advanced technologies and modern designs by incorporating high-end materials to offer comfort and durability. With the increasing average disposable income and the rising number of dual-household income households, the… Continue reading Bicycle OEM Market Size to Grow by USD 1.2 billion | Increasing Demand for Premium Bicycles to Boost Market Growth – Technavio
Tag: Tier 1 Suppliers
At US$12.28, Is It Time To Put The Goodyear Tire & Rubber Company (NASDAQ:GT) On Your Watch List?
While The Goodyear Tire & Rubber Company (NASDAQ:GT) might not be the most widely known stock at the moment, it saw a double-digit share price rise of over 10% in the past couple of months on the NASDAQGS. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the… Continue reading At US$12.28, Is It Time To Put The Goodyear Tire & Rubber Company (NASDAQ:GT) On Your Watch List?
Magna International Reports Mixed Q2 Earnings
Benzinga International Paper Q2 Earnings Top Estimates International Paper Co (NYSE: IP) reported second-quarter FY22 sales growth of 12.9% year-on-year to $5.39 billion, beating the consensus of $5.36 billion. Net sales from Industrial Packaging rose 11.4% Y/Y, Global Cellulose Fibres grew 15.9%, and Corporate and Inter-segment jumped 83.3%. Adjusted EPS of $1.24 beat the analyst… Continue reading Magna International Reports Mixed Q2 Earnings
@VW Group: Bentley announces record financial results for first half of 2022005492
Bentley Motors today announced encouraging financial results for the first six months of 2022, despite continued global economic uncertainty. While the outlook for the second half of the year remains challenging, the luxury British marque posted operating profits of €398 million, up 124 per cent on the same period last year. The half-yearly figures compare… Continue reading @VW Group: Bentley announces record financial results for first half of 2022005492
@Fisker: Fisker Will Showcase the All-electric Fisker Ocean at the 2022 Pebble Beach Concours d’Elegance 000089
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”) — passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions — will bring the all-electric Fisker Ocean to Pebble Beach Automotive Week at Pebble Beach Concours d’Elegance from August 18-21, 2022. “We are excited to be at Pebble Beach Concours to showcase one of… Continue reading @Fisker: Fisker Will Showcase the All-electric Fisker Ocean at the 2022 Pebble Beach Concours d’Elegance 000089
Magna (MGA) Q2 Earnings Lag Estimates
Magna (MGA) came out with quarterly earnings of $0.83 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $1.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -10.75%. A quarter ago, it was expected that this… Continue reading Magna (MGA) Q2 Earnings Lag Estimates
Japan’s Nikkei gives up gains as Denso outlook sours sentiment
TOKYO, July 29 (Reuters) – Japan’s Nikkei reversed its course to close slightly lower on Friday, as concerns about corporate earnings grew after Toyota supplier Denso cut its outlook, while a firmer yen also weighed on exporters. The Nikkei share average settled 0.05% lower at 27,801.64 after rising 0.7% earlier in the session. The index… Continue reading Japan’s Nikkei gives up gains as Denso outlook sours sentiment
UPDATE 3-Toyota supplier Denso’s Q1 profit tumbles 41%, misses view
(Recasts lede. Adds details from a news conference.) TOKYO, July 29 (Reuters) – Japan’s Denso Corp, a major supplier to Toyota Motor Corp, lowered its operating profit forecast for the current business year by 14%, expecting automakers to undershoot production plans. The company, which specialises in vehicle air conditioning, power trains and automated driving systems,… Continue reading UPDATE 3-Toyota supplier Denso’s Q1 profit tumbles 41%, misses view
Toyota supplier Denso’s Q1 profit tumbles 41%, misses view
TOKYO (Reuters) -Japan’s Denso Corp, a major supplier to Toyota Motor Corp, lowered its operating profit forecast for the current business year by 14%, expecting automakers to undershoot production plans. The company, which specialises in vehicle air conditioning, power trains and automated driving systems, lowered its operating profit forecast to 480 billion yen ($3.61 billion)… Continue reading Toyota supplier Denso’s Q1 profit tumbles 41%, misses view
Will Adient (ADNT) Report Negative Earnings Next Week? What You Should Know
Adient (ADNT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2022. This widely-known consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term… Continue reading Will Adient (ADNT) Report Negative Earnings Next Week? What You Should Know