We recently published a list of Jim Cramer’s Latest Portfolio Heading Into 2025: Top 10 Stocks. In this article, we are going to take a look at where Magna International Inc. (NYSE:MGA) stands against other stocks in Jim Cramer’s latest portfolio heading into 2025. Jim Cramer in a latest program reiterated his view that the… Continue reading Jim Cramer on Magna International (MGA): ‘I’m Seeing Terrible Things’ in Auto Industry
Tag: Contract Manufacturer
Kongsberg Automotive wins a contract extension worth over EUR 47 million in estimated lifetime revenue
Kongsberg, December 23, 2024: Kongsberg Automotive (KA) has secured a contract extension worth over EUR 47 million in estimated lifetime revenue for pedal group systems used in golf carts and utility vehicles. This four-year contract was awarded to the company by one of the world’s leading manufacturers of golf carts and utility vehicles. KA’s Willis… Continue reading Kongsberg Automotive wins a contract extension worth over EUR 47 million in estimated lifetime revenue
Pininfarina unveils new logo to mark 95 years of excellence
Mahindra-owned design house Pininfarina is celebrating its 95th anniversary this year. To commemorate this milestone, the brand has released a mildly restyled logo highlighting the brand’s legacy. Apart from designing many iconic cars, the brand introduced the Battista electric hypercar in 2019. Pininfarina anniversary celebrations to be held in many cities The new logo is… Continue reading Pininfarina unveils new logo to mark 95 years of excellence
Kongsberg Automotive wins a contract extension worth EUR 56 million in estimated lifetime revenue
Kongsberg, December 20, 2024: Kongsberg Automotive (KA) has won a contract extension worth over EUR 56 million in estimated lifetime revenue for Fluoro-Comp® and stainless-steel braided hoses. A global Tier 1 automotive supplier awarded this five-year contract renewal. KA’s Suffield, Grand River (USA), and Ramos Arizpe (Mexico) plants will manufacture and supply these products. The… Continue reading Kongsberg Automotive wins a contract extension worth EUR 56 million in estimated lifetime revenue
Chirisa Technology Parks welcomes Spencer Raymond as Chief Financial Officer
Spencer Raymond will join Chirisa Technology Parks to support financing, financial management and operations related to CTP’s rapid delivery of high-performance, leading-edge facilities for hyperscale, HPC, and AI customers RICHMOND, Va. and DUBLIN, Dec. 20, 2024 /PRNewswire/ — Chirisa Technology Parks (“CTP”) today announces that Spencer Raymond will join our senior leadership team as Chief Financial Officer… Continue reading Chirisa Technology Parks welcomes Spencer Raymond as Chief Financial Officer
Pininfarina celebrates 95th anniversary with a new logo
Pininfarina has officially launched celebrations for its 95th anniversary, marking a journey through 2025 that will highlight the legacy of this iconic name in the history of design. To commemorate the occasion, a new logo has been created, which will accompany all corporate communications and events. “The upcoming year is not just any year,” commented Vice-Chairman and CEO Silvio… Continue reading Pininfarina celebrates 95th anniversary with a new logo
3M and US Conec Collaborate on Expanded Beam Optical Interconnect Technology for Data Centers
Licensing agreement combines advanced optical innovations from 3M with US Conec’s expertise in high-density connectivity solutions for next-generation networks ST. PAUL, Minn., Dec. 19, 2024 /PRNewswire/ — 3M and US Conec Ltd. today announced a strategic licensing agreement for 3M™ Expanded Beam Optical Interconnect technology, a solution to meet the performance and scalability needs of next-generation data centers… Continue reading 3M and US Conec Collaborate on Expanded Beam Optical Interconnect Technology for Data Centers
@BMW: Personnel changes in BMW Group Corporate Communications003872
Munich. Corporate Communications and Governmental Affairs at BMW AG is restructuring its management team at department level with effect from 1 January 2025. Here are the changes in detail: Benjamin Titz will take over as Head of Communications Central and Southeastern Europe. He will also be responsible for communications for the Debrecen and Steyr production… Continue reading @BMW: Personnel changes in BMW Group Corporate Communications003872
Magna price target lowered to $44 from $46 at Wells Fargo
https://www.tipranks.com/news/the-fly/magna-price-target-lowered-to-44-from-46-at-wells-fargo Wells Fargo lowered the firm’s price target on Magna (MGA) to $44 from $46 and keeps an Equal Weight rating on the shares. The firm is also updating 2024-2028 estimates to reflect lower global LVP. Wells is now about 4% below consensus sales and about 6% below consensus on EBIT/DA. After a challenging 2024,… Continue reading Magna price target lowered to $44 from $46 at Wells Fargo
Cornell Watch Company Partners With Hour Precision To Bring End-To-End Watch Production To The United States
The duo will release their first wristwatch in 2025, with American-made case, dial, hands, and strap, as well as a Swiss movement assembled in the United States. CHICAGO, Dec. 16, 2024 /PRNewswire/ — The Cornell Watch Company is proud to announce a partnership with Hour Precision, one of America’s premier micro-machining and horological assembly workshops. Together,… Continue reading Cornell Watch Company Partners With Hour Precision To Bring End-To-End Watch Production To The United States