WASHINGTON, May 7, 2025 /PRNewswire/ — Milbank LLP is pleased to announce that John G. Green has joined its Washington, DC office as a partner in the firm’s Global Project, Energy and Infrastructure Finance Group. “We’re excited to welcome John to Milbank,” said Milbank Chairman Scott A. Edelman. “His depth and breadth of experience, especially his… Continue reading Milbank Expands Tax Renewables Practice with Addition of John Green in DC
Tag: Contract Manufacturer
Kongsberg Automotive wins a new contract worth approximately EUR 20 million in estimated lifetime revenue in fast-growing EV segment
Kongsberg, May 7, 2025: Kongsberg Automotive (KA) has won a new four-year contract worth approximately EUR 20 million in estimated lifetime revenue for its Dog Clutch Actuator (DCA). The DCA, developed by KA, is designed for gear-shifting and decoupling applications for multi-speed transmissions, either electric axle or central drive for hybrid, battery electric, and fuel… Continue reading Kongsberg Automotive wins a new contract worth approximately EUR 20 million in estimated lifetime revenue in fast-growing EV segment
More than 2000 Jaguar I-Pace EVs to become autonomous taxis
More than 2000 Jaguar I-Pace electric cars are set to be converted into autonomous taxis at a new factory in the US. The EVs will be converted in Arizona by manufacturer Magna as part of a push by Alphabet-owned autonomous vehicle firm Waymo to expand its services. Already completing more than 250,000 autonomous taxi trips each week in Austin, Los… Continue reading More than 2000 Jaguar I-Pace EVs to become autonomous taxis
Magna price target raised to $38 from $33 at CIBC
CIBC analyst Krista Friesen raised the firm’s price target on Magna (MGA) to $38 from $33 and keeps a Neutral rating on the shares. Magna’s “disappointing” Q1 results and guidance update suggest that the company is contending with more than just tariff issues, including challenges such as an elevated leverage ratio and growing slower than… Continue reading Magna price target raised to $38 from $33 at CIBC
Magna International Inc. Earnings Missed Analyst Estimates: Here’s What Analysts Are Forecasting Now
Last week, you might have seen that Magna International Inc. (TSE:MG) released its quarterly result to the market. The early response was not positive, with shares down 3.0% to CA$45.95 in the past week. Results overall were not great, with earnings of US$0.52 per share falling drastically short of analyst expectations. Meanwhile revenues hit US$10b… Continue reading Magna International Inc. Earnings Missed Analyst Estimates: Here’s What Analysts Are Forecasting Now
Magna Q1 Earnings Miss Expectations, 2025 Guidance Revised
Magna International MGA reported first-quarter 2025 adjusted earnings of 78 cents per share, which decreased from the year-ago quarter’s $1.08, missing the Zacks Consensus Estimate of 90 cents. Net sales decreased 8.21% year over year to $10.06 billion but surpassed the Zacks Consensus Estimate of $9.5 billion. Magna International Inc. Price, Consensus and EPS Surprise… Continue reading Magna Q1 Earnings Miss Expectations, 2025 Guidance Revised
Katten’s Leading Structured Finance Team Adds Karen Anzalone
NEW YORK, May 6, 2025 /PRNewswire/ — Katten announced today that Karen Anzalone has joined its Structured Finance and Securitization practice as a partner, expanding the group’s nationally recognized commercial mortgage-backed securities (CMBS) capabilities. Continue Reading “Karen has fresh energy, standout skills and experience in all aspects of CMBS finance. She has led transactions as… Continue reading Katten’s Leading Structured Finance Team Adds Karen Anzalone
Bank Leumi to Report 1Q 2025 Financial Results on May 20, 2025
TEL AVIV, Israel, May 6, 2025 /PRNewswire/ — Bank Leumi (TASE: LUMI) announced today that it will release its First Quarter Financial Results on Tuesday, May 20, 2025. 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 the results.… Continue reading Bank Leumi to Report 1Q 2025 Financial Results on May 20, 2025
Waymo ramps up robotaxi production at new Arizona factory
Waymo has played coy for years about exactly how many Jaguar I-Pace EVs are in its autonomous fleet — a figure that covers vehicles used in testing and commercial robotaxi operations. On Monday, the Alphabet company finally provided a peek at the commercial side of the fleet. Waymo said Monday, as part of a larger… Continue reading Waymo ramps up robotaxi production at new Arizona factory
Waymo plans to more than double its self-driving I-PACE fleet within the next year
Waymo announced plans to more than double its fleet of self-driving I-PACE electric vehicles by the end of next year. Today, self-driving market leader Waymo announced its manufacturing expansion plans. Waymo has been partnering with Magna to integrate its’ Waymo Driver’ into existing vehicles, especially the Jaguar I-PACE electric SUV, which also happens to be… Continue reading Waymo plans to more than double its self-driving I-PACE fleet within the next year