Motley Fool Is AT&T Still a Great Dividend Stock? In 2021, AT&T (NYSE: T) decided to spin off its DIRECTV and WarnerMedia divisions to raise capital to reduce its massive debt. Unfortunately for income investors, AT&T revealed last year that it intended to slash the payout despite the cash the company will receive from the… Continue reading Optimus Ride acquired by Magna; CEO stepping down
Tag: Magna
@niche: REE Automotive introduces P7 fleet platform for mystery delivery company targeting 370-mile range001546
At CES 2022, REE Automotive announced the start of trials of its all-new EV platform specifically designed for commercial delivery vehicles and walk-in vans called the P7. According to REE, this new entirely flat platform was designed based on specifications from one of the world’s largest delivery companies. REE Automotive ($REE) is an e-mobility solutions company… Continue reading @niche: REE Automotive introduces P7 fleet platform for mystery delivery company targeting 370-mile range001546
REE AUTOMOTIVE APPOINTS DAVID GOLDBERG AS CHIEF FINANCIAL OFFICER
Mr. Goldberg brings to REE 20 years of experience in corporate finance, mergers & acquisitions, and management consulting with progressively senior roles at Morgan Stanley, Bain & Company, Greenhill & Co. and Magna International. In his new role as REE’s CFO, Mr. Goldberg will lead all aspects of REE’s financial functions, strategic industry partnerships and… Continue reading REE AUTOMOTIVE APPOINTS DAVID GOLDBERG AS CHIEF FINANCIAL OFFICER
At CA$102, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?
Today we’re going to take a look at the well-established Magna International Inc. (TSE:MG). The company’s stock saw significant share price movement during recent months on the TSX, rising to highs of CA$111 and falling to the lows of CA$95.01. Some share price movements can give investors a better opportunity to enter into the stock,… Continue reading At CA$102, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?
Here’s Why Miller Howard Investments Exited its Magna (MGA) Position
Miller Howard Investments, an investment management firm, published its third-quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly return of 3.5% (yield) was recorded by the fund for the third quarter of 2021, compared to the 1.5% for the S&P 500 for the same period. You can take a… Continue reading Here’s Why Miller Howard Investments Exited its Magna (MGA) Position
Magna (MGA) Gains But Lags Market: What You Should Know
In the latest trading session, Magna (MGA) closed at $79.88, marking a +0.05% move from the previous day. This move lagged the S&P 500’s daily gain of 0.14%. Elsewhere, the Dow gained 0.25%, while the tech-heavy Nasdaq lost 0.34%. Prior to today’s trading, shares of the automotive supply company had gained 6.11% over the past… Continue reading Magna (MGA) Gains But Lags Market: What You Should Know
Magna claims its new e-powertrain increases EV range by 145km
Magna’s EtelligentReach maximizes range and performance, comes to market on a new vehicle in 2022 Magna’s all-electric connected powertrain, the EtelligentReach, is set to debut on a new entrant vehicle in 2022. The complete system is comprised of two electric motors, inverters and gearboxes, and leverages advanced software to maximise vehicle range and driving dynamics. The… Continue reading Magna claims its new e-powertrain increases EV range by 145km
USA Aftermarket Automotive Parts & Components Market Expected to Reach USD 19 Billion by 2026
DUBLIN, Dec. 29, 2021 /PRNewswire/ — The “US Aftermarket Automotive Parts & Components Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering. The US Aftermarket Automotive Parts & Components market was valued at USD 17 billion in 2020 and is expected to reach USD 19 billion… Continue reading USA Aftermarket Automotive Parts & Components Market Expected to Reach USD 19 Billion by 2026
Silicon Valley’s Push Into Cars Is Testing Aptiv’s Tech Makeover
(Bloomberg) — When General Motors Corp. filed for bankruptcy and reorganized in 2009, the makings of a Wall Street darling emerged from the wreckage. Aptiv Plc, which grew out of the parts unit spun off from the iconic automaker, soared to $48 billion in market value earlier this year after transforming into a savvy technology… Continue reading Silicon Valley’s Push Into Cars Is Testing Aptiv’s Tech Makeover
REE AUTOMOTIVE TO SHOWCASE ITS GLOBAL E-MOBILITY ECOSYSTEM VISION AT CES 2022
Daniel Barel, REE Co-Founder & CEO: “CES is a great opportunity to showcase the full breadth and depth of our revolutionary technology, capabilities and broad ecosystem of partners. We have so much to share with the industry and we’ve been waiting for a physical conference to meet in person at CES. We are closely monitoring… Continue reading REE AUTOMOTIVE TO SHOWCASE ITS GLOBAL E-MOBILITY ECOSYSTEM VISION AT CES 2022