A recent 8-K filing submitted by Fisker Inc. is painting a grim picture for the EV automaker’s future. The filing states that Fisker failed to pay back a loan totaling close to $3.5 million last month, lowering a potential curtain on the second iteration of the company that is staring down the barrel of potential… Continue reading Fisker Inc. bankruptcy looms as latest SEC filing shows it has defaulted on a $3.5 million loan
Tag: Magna
NEOM reveals Magna, its new coastal region
NEOM, Saudi Arabia, June 5, 2024 /PRNewswire/ — The Board of Directors of NEOM has today revealed the development of Magna, its luxury lifestyle coastal destination. Part of NEOM’s regional sustainable tourism portfolio, Magna is situated on the stunning Gulf of Aqaba coastline and comprises the recently announced premier destinations of Leyja, Epicon, Siranna, Utamo, Norlana,… Continue reading NEOM reveals Magna, its new coastal region
Serve Robotics Announces Nomination of David Goldberg to its Board of Directors
Experienced Finance Executive to Stand for Election at 2024 Annual Meeting SAN FRANCISCO, June 5, 2024 /PRNewswire/ — Serve Robotics Inc. (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced the nomination of David Goldberg to stand for election to its Board of Directors (the “Board”) at Serve’s 2024 Annual Meeting of Stockholders. Mr.… Continue reading Serve Robotics Announces Nomination of David Goldberg to its Board of Directors
Automotive Carbon Monocoque Chassis Market size is set to grow by USD 215.4 million from 2024-2028, Advanced robotics manufacturing spurring mass production of monocoque chassis to boost the market growth, Technavio
NEW YORK, June 4, 2024 /PRNewswire/ — The global automotive carbon monocoque chassis market size is estimated to grow by USD 215.4 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 5.55% during the forecast period. For comprehensive forecast and historic data on regions, market segments, customer landscape, and companies-… Continue reading Automotive Carbon Monocoque Chassis Market size is set to grow by USD 215.4 million from 2024-2028, Advanced robotics manufacturing spurring mass production of monocoque chassis to boost the market growth, Technavio
Magna International Inc.’s (TSE:MG) Intrinsic Value Is Potentially 91% Above Its Share Price
Key Insights Magna International’s estimated fair value is CA$115 based on 2 Stage Free Cash Flow to Equity Current share price of CA$60.58 suggests Magna International is potentially 48% undervalued The US$80.48 analyst price target for MG is 30% less than our estimate of fair value Today we will run through one way of estimating… Continue reading Magna International Inc.’s (TSE:MG) Intrinsic Value Is Potentially 91% Above Its Share Price
Magna Announces CAD Senior Notes Offering
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES AURORA, Ontario, May 27, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an agency agreement providing for the issuance, by way of private placement in each of the provinces of Canada,… Continue reading Magna Announces CAD Senior Notes Offering
Magna Announces CAD Senior Notes Offering
Magna International Inc. NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES AURORA, Ontario, May 27, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an agency agreement providing for the issuance, by way of private placement in each of the… Continue reading Magna Announces CAD Senior Notes Offering
Magna Announces CAD Senior Notes Offering
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES AURORA, Ontario, May 27, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an agency agreement providing for the issuance, by way of private placement in each of the provinces of Canada,… Continue reading Magna Announces CAD Senior Notes Offering
Arbe Announces Q1 2024 Financial Results
TEL AVIV, Israel, May 22, 2024 /PRNewswire/ — Arbe Robotics Ltd. (NASDAQ: ARBE) (“Arbe”), a global leader in Perception Radar Solutions, today announced financial results for its first quarter, which ended March 31, 2024. Key Q1 and Recent Company Highlights: A global leader in autonomous driving selected the HiRain LRR610 radar, powered by the Arbe chipset for… Continue reading Arbe Announces Q1 2024 Financial Results
Bank Leumi to Report 1Q 2024 Financial Results on May 28, 2024
TEL AVIV, Israel, May 20, 2024 /PRNewswire/ — Bank Leumi (TASE: LUMI) announced today that it will release its First Quarter 2024 Financial Results on Tuesday, May 28, 2024. 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… Continue reading Bank Leumi to Report 1Q 2024 Financial Results on May 28, 2024