Live call and webcast will occur on November 8 at 9:00 a.m. ET SANTA MONICA, Calif., Nov. 7, 2022 /PRNewswire/ — TrueCar, Inc., (NASDAQ:TRUE) today announced financial results for the third quarter ended September 30, 2022 in a stockholder letter, which is available HERE and on the TrueCar investor relations website at ir.truecar.com. The company will… Continue reading TrueCar Releases Third Quarter 2022 Financial Results and Stockholder Letter
Tag: Morgan
Carvana stock tanks in continued sell-off
A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of Carvana plummeted for a second-consecutive trading day as investors unloaded shares of the embattled used-vehicle seller amid growing challenges for the company and a softening for the industry. The stock ended the trading day off… Continue reading Carvana stock tanks in continued sell-off
November 16, 2022 – November 16, 2022 : Morgan Stanley European Technology, Media & Telecom Conference
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Chopper Rocket Chasers Played “Catch Me if You Can”
Update 4 Nov. 2:45 p.m. EDT:Rocket Lab says its launch was successful, but booster recovery was not. It says it lost telemetry signals from the descending first stage during reentry. “As standard procedure, we pull the helicopter from the recovery zone if this happens,” a company spokesperson said. “If at first you don’t succeed….” Rocket… Continue reading Chopper Rocket Chasers Played “Catch Me if You Can”
Carvana stock posts worst day ever as outlook darkens for used vehicle market
Source: NYSE Shares of Carvana posted their worst day on record Friday after the company missed Wall Street’s top- and bottom-line expectations for the third quarter as the outlook for used cars falls from record demand, pricing and profits during the coronavirus pandemic. The stock cratered 39% to end the day at $8.76 a share… Continue reading Carvana stock posts worst day ever as outlook darkens for used vehicle market
German Manager Magazin: Marcus Schenck brings ex-colleague Christian Kames to Lazard002121
Kames will perform this task as co-head alongside his former colleague Marcus Schenck: Schenck only joined Lazard in the spring from the US investment bank Perella Weinberg. Schenck and Kames worked together at the US investment bank at the beginning of the millennium Goldman Sachs worked. Lazard thus recorded two prominent newcomers within a few… Continue reading German Manager Magazin: Marcus Schenck brings ex-colleague Christian Kames to Lazard002121
Two-wheeler dealers hang hopes on wedding season sales
While the marginal recovery of two-wheeler sales may have brought back the smile at dealerships, the long-term outlook for two-wheelers, especially in the commuter segment, continues to remain grim. Rising inflation, fuel prices being relatively higher and overall consumption getting hit at the bottom of the pyramid has kept a large chunk of the overall market away. Moving… Continue reading Two-wheeler dealers hang hopes on wedding season sales
StanChart leads Series A funding in Partior; Beosin snags $20m; and other SE Asia dealsExisting investors and founders DBS, JP Morgan, and Temasek als…
Partior, a Temasek-backed blockchain innovator based in Singapore, has announced raising an undisclosed amount in its Series A funding round anchored by UK-headquartered bank Standard Chartered. The round was also participated by existing investors and founders DBS, JP Morgan, and Temasek. The three investors founded Partior last year as an independent company that grew from… Continue reading StanChart leads Series A funding in Partior; Beosin snags $20m; and other SE Asia dealsExisting investors and founders DBS, JP Morgan, and Temasek als…
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Summary Companies Co lifts FY core profit forecast to over 1.73 bln euros Sees margin on core profit around 35% this year Adjusted EBITDA rose 17% in Q3, above forecasts Shipments to China region rose 73% in July-Sept MILAN, Nov 2 (Reuters) – Luxury sports car maker Ferrari (RACE.MI) said on Wednesday it was improving… Continue reading Untitled
Construction machinery giant Kobelco selects IFS Cloud for greater agility and customer responsiveness
Global construction equipment manufacturer opts for IFS solution to transform business performance of entire supply chain LONDON, Nov. 1, 2022 /PRNewswire/ — IFS, the global cloud enterprise software company, today announced that Kobelco Construction Machinery CO., LTD. (Kobelco Construction Machinery), the global leader in construction equipment, has selected IFS Cloud™ to improve their ability to respond… Continue reading Construction machinery giant Kobelco selects IFS Cloud for greater agility and customer responsiveness