The global manufacturer and marketer of intimate apparel adopts Infor Nexus supply chain platform TEL AVIV, Israel, Aug. 8, 2022 /PRNewswire/ — Infor® , the industry cloud company, today announced that Delta Galil Industries Ltd., a global leader in the design, manufacture, distribution and sale of intimates and activewear, has adopted the Infor Nexus supply… Continue reading Delta Galil Strengthens Supply Chain with Infor
Tag: Contract Manufacturer
@Fisker: Fisker Establishes Process for Qualifying US-Based Fisker Ocean Reservation Holders to Retain Eligibility for $7,500 Federal Tax Credit Should Inflation Reduction Act Become Law000091
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”) – passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions – unveils a process for qualifying US-based reservation holders of the Fisker Ocean all-electric SUV to retain access to the existing federal tax credit. The current $7,500 tax credit would be unavailable should Congress… Continue reading @Fisker: Fisker Establishes Process for Qualifying US-Based Fisker Ocean Reservation Holders to Retain Eligibility for $7,500 Federal Tax Credit Should Inflation Reduction Act Become Law000091
Don’t Buy Magna International Inc. (TSE:MG) For Its Next Dividend Without Doing These Checks
Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be intrigued to know that Magna International Inc. (TSE:MG) is about to go ex-dividend in just 3 days. The ex-dividend date is usually set to be one business day before the record date which is the… Continue reading Don’t Buy Magna International Inc. (TSE:MG) For Its Next Dividend Without Doing These Checks
Inter-city buses in spotlight at Prawaas
The third Edition of Prawaas, one of India’s leading trade fairs for passenger vehicle operators which was held on August 4-6 in Hyderabad saw scores of enquiries and even orders from the tour operators, say vehicle manufacturers which participated at the event. Organised by Bus & Car Operators Confederation of India (BOCI), and apex organization… Continue reading Inter-city buses in spotlight at Prawaas
Fisker CEO: The Inflation Reduction Act will ‘slow down the adoption of EVs’
Fisker CEO and Chairman Henrik Fisker joins Yahoo Finance’s Pras Subramanian and Akiko Fujita to discuss the electric vehicle maker’s latest models, the outlook for production and supply chain issues, auto segments and competition, and how the Inflation Reduction Act could impact the electric vehicle market. Video Transcript AKIKO FUJITA: We are beginning this hour,… Continue reading Fisker CEO: The Inflation Reduction Act will ‘slow down the adoption of EVs’
Fisker Q2 report: Over 56k Ocean reservations, test cars, plus PEAR and Project Ronin updates
We have officially passed the halfway marker for the 2022 fiscal year, and those quarterly reports are starting to roll in. Fisker’s Q2 update came this morning, showcasing a decent appetite for its flagship Ocean SUV, alongside some updates to the progress of the next two Fisker models to follow. Despite a public magnified glass… Continue reading Fisker Q2 report: Over 56k Ocean reservations, test cars, plus PEAR and Project Ronin updates
BorgWarner (BWA) Beats on Q2 Earnings, Buys Rhombus Energy
BorgWarner Inc.’s BWA adjusted earnings of $1.05 per share for second-quarter 2022 declined from $1.08 recorded in the prior-year quarter. The bottom line, however, beat the Zacks Consensus Estimate of 86 cents per share. Higher-than-anticipated revenues from Fuel Systems and Aftermarket segments resulted in the outperformance. The automotive equipment supplier reported net sales of $3,759 million,… Continue reading BorgWarner (BWA) Beats on Q2 Earnings, Buys Rhombus Energy
Magna’s (MGA) Q2 Earnings Miss Estimates, Revenues Beat
Magna International MGA reported second-quarter 2022 adjusted earnings of 83 cents per share, which declined 41% on a year-over-year basis. The bottom line also lagged the Zacks Consensus Estimate of 93 cents a share. Lower-than-expected EBIT in the Body Exteriors & Structures, Power & Vision and Seating Systems segments led to the underperformance. In the… Continue reading Magna’s (MGA) Q2 Earnings Miss Estimates, Revenues Beat
@BMW: E-drive production expands in Leipzig: Second battery module line goes on stream002158
Leipzig. Today sees the launch of BMW Group Plant Leipzig’s second battery module production line. Further expanding e-component production in the German state of Saxony, the new system manufactures modules for the fully electric BMW i4*, made in Munich. Plant Leipzig’s first such production line went on stream in May 2021 and supplies the battery… Continue reading @BMW: E-drive production expands in Leipzig: Second battery module line goes on stream002158
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