May 3 (Reuters) – Jack Dorsey-led Block Inc’s (SQ.N) first-quarter results will likely see investors zoom in on the payments firm’s Cash App business following U.S. short-seller Hindenburg Research’s allegations including inflated user count. Morgan Stanley analysts in April said that some bearish investors remain uncertain about the amount of gross profit that is generated… Continue reading Untitled
Tag: Morgan
From the archive: on this day in 1970
In a monumental effort, we gathered all the sports cars and GTs on sale for a mega-test at a stormy Silverstone. Well, all apart from those of Ferrari, Maserati and Lamborghini (too arrogant), Lancia and Mercedes-Benz (busy) and Morgan (forgetful). Category one of six was exotic GTs. Aston Martin’s DB6 and DBS worked wonders and… Continue reading From the archive: on this day in 1970
Zoomcar turns unit-profitable with new business model, to expand fleet to 60,000 cars in 2023
Zoomcar turns unit-profitable with new business model, to expand fleet to 60,000 cars in 2023 Bengaluru-headquartered self-drive rental start-up Zoomcar, which has transitioned to an asset-light, marketplace model where individuals are free to list their personal cars on its digital platform, has achieved unit profitability with this move. As a result, it now aims to… Continue reading Zoomcar turns unit-profitable with new business model, to expand fleet to 60,000 cars in 2023
Club meeting recap: Equities under pressure, Morgan Stanley layoffs, earnings
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Equities under pressure Watch Morgan Stanley Earnings on deck 1. Equities under pressure Stocks fell Tuesday morning, with all three major U.S. benchmarks down more than 1% . The drop… Continue reading Club meeting recap: Equities under pressure, Morgan Stanley layoffs, earnings
Ford cutting price of electric Mustang Mach-E by thousands of dollars
Ford Mustang Mach-E is presented at the New York International Auto Show, in Manhattan, New York City, April 5, 2023. David Dee Delgado | Reuters DETROIT – Ford Motor is once again cutting the starting prices of its electric Mustang Mach-E by thousands of dollars, as the automaker increases production of the crossover and reopens… Continue reading Ford cutting price of electric Mustang Mach-E by thousands of dollars
Jim Cramer’s top 10 things to watch in the stock market Tuesday
1. DuPont (DD) delivers a first-quarter earnings beat Tuesday, with adjusted earnings-per-share (EPS) of 84 cents, compared with analysts’ forecasts of 80 cents per share. But the materials giant cut its full-year revenue forecast, sending shares nearly 5% lower in premarket trading. DuPont also says it’s agreed to buy Spectrum Plastics Group from AEA Investors… Continue reading Jim Cramer’s top 10 things to watch in the stock market Tuesday
Georgia plane crash victims were crash test innovator Robert Denton and his wife
Robert “Bob” Denton, who died in a plane crash with his wife last week in Georgia, was an innovator in improving crash test data collection and vehicle safety. Denton, 76, was the founder of Robert A. Denton Inc., a maker of load cell sensors in Detroit that eventually merged to become Humanetics Innovative Solutions Inc.,… Continue reading Georgia plane crash victims were crash test innovator Robert Denton and his wife
Navistar Delivers First International® eMV™ Series with ePower to Sysco
ANAHEIM, Calif., April 28, 2023 /PRNewswire/ — Navistar announces the delivery of the first International® eMV™ Series with ePower to Sysco, a leading global foodservice distribution company. The companies jointly will partner to accelerate sustainability efforts in the Class 6 all-electric refrigerated straight truck segment. Continue Reading International Logo Sysco logo The International eMV Series… Continue reading Navistar Delivers First International® eMV™ Series with ePower to Sysco
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SummaryCompaniesMeta set to add nearly $60 billion to market valueAt least 27 analysts raise price target after Q1 earnings reportMeta’s results also lift shares in Snap, Pinterest April 27 (Reuters) – Meta Platforms Inc’s (META.O) shares rose 11% on Thursday after the Facebook owner dazzled Wall Street with an earnings report that showed progress towards… Continue reading Untitled
@niche: Morgan partners with Bell Sport & Classic to open new Hertfordshire dealership002662
Morgan is partnering with leading classic and modern performance car specialist, Bell Sport & Classic, to open Morgan Hertfordshire, the newest Morgan dealership in the UK. Based at Bell Sport & Classic’s showroom facility in Markygate, Hertfordshire, Morgan Hertfordshire will offer sales and aftersales services for all Morgan models. With extensive knowledge working across premium… Continue reading @niche: Morgan partners with Bell Sport & Classic to open new Hertfordshire dealership002662