Achieves net income of $77.4 million and adjusted EBITDA of $130.4 million Declares a quarterly cash dividend of $75.4 million, or $3.97 per share Invests $73.5 million to repurchase 623,304 shares ST. LOUIS, July 27, 2023 /PRNewswire/ — Arch Resources, Inc. (NYSE: ARCH) today reported net income of $77.4 million, or $4.04 per diluted share,… Continue reading Arch Resources Reports Second Quarter 2023 Results
Tag: Strategy
HONEYWELL DELIVERS STRONG SECOND QUARTER RESULTS AND RAISES FULL-YEAR SALES, SEGMENT MARGIN, AND ADJUSTED EPS GUIDANCE
Sales of $9.1 Billion, Reported Sales Up 2%, Organic1 Sales Up 3%, Operating Cash Flow Up 72%, Free Cash Flow1 Up 34% Earnings Per Share of $2.22 and Adjusted Earnings Per Share1 of $2.23 Aerospace Reported Sales Up 15%, Organic1 Sales Up 16%, Led by Over 20% Growth in Commercial Aviation Backlog Up 4% to… Continue reading HONEYWELL DELIVERS STRONG SECOND QUARTER RESULTS AND RAISES FULL-YEAR SALES, SEGMENT MARGIN, AND ADJUSTED EPS GUIDANCE
German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007355
For the ramp-up of electric mobility in China, the Volkswagen Group will in future rely on a platform partnership with the Chinese electric car manufacturer Xpeng. In an extraordinary supervisory board meeting on Wednesday, the committee gave the green light for the cooperation.Together with Xpeng, VW wants to develop two new electric models for the… Continue reading German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007355
German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007355
For the ramp-up of electric mobility in China, the Volkswagen Group will in future rely on a platform partnership with the Chinese electric car manufacturer Xpeng. In an extraordinary supervisory board meeting on Wednesday, the committee gave the green light for the cooperation.Together with Xpeng, VW wants to develop two new electric models for the… Continue reading German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007355
Europa Wire: Volkswagen and Audi Forge Strategic Partnerships with Chinese Automakers to Accelerate E-Mobility Expansion in China000700
Volkswagen and Audi Forge Strategic Partnerships with Chinese Automakers to Accelerate E-Mobility Expansion in China (IN BRIEF) Volkswagen Group is expanding its presence in the fast-growing e-mobility market in China through strategic cooperations with local automakers. The VW brand has signed a technological framework agreement with XPENG for joint development of two electric models in… Continue reading Europa Wire: Volkswagen and Audi Forge Strategic Partnerships with Chinese Automakers to Accelerate E-Mobility Expansion in China000700
German Manager Magazin: Wissing, the stimulus figure, and Winterkorn in exile: The new newsletter manage:mobility002627
Dear reader, Some of the nation’s auto plants are currently on vacation, and many others are about to have their free time. Apart from the incoming orders, the summer slump in the industry is canceled. In China, Volkswagen is turning its strategy inside out, more on that later. In Germany, the Chinese competitors are attacking… Continue reading German Manager Magazin: Wissing, the stimulus figure, and Winterkorn in exile: The new newsletter manage:mobility002627
German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007354
For the ramp-up of electric mobility in China, the Volkswagen Group will in future rely on a platform partnership with the Chinese electric car manufacturer Xpeng. In an extraordinary supervisory board meeting on Wednesday, the committee gave the green light for the cooperation.Together with Xpeng, VW wants to develop two new electric models for the… Continue reading German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007354
John Lau takes legal action against Heath Zarin, EV Cornerstone
Cargo Services Far East Limited and CS International (Seafreight) Limited file lawsuit against EV Cargo Global Forwarding GmBH HONG KONG, July 26, 2023 /PRNewswire/ — Mr. John Lau Shek Yau (“John Lau or Mr. Lau”), founder of Cargo Services Group as well as JL Enterprises, began legal dispute and litigation proceedings against Heath Brian Zarin… Continue reading John Lau takes legal action against Heath Zarin, EV Cornerstone
H World Announces Preliminary Q2 Operating Results
RevPAR Recovers To 121% Of The 2019 Level HONG KONG, July 26, 2023 /PRNewswire/ — H World Group Limited (“H World” or “the Group”, NASDAQ: HTHT and HKEX: 1179) announced its preliminary results for hotel operations in the second quarter ended 30 June 2023 (“Q2 2023“). As of 30 June 2023, H World operates 8,750 hotels with… Continue reading H World Announces Preliminary Q2 Operating Results
Upgrade Acquires Uplift for $100 Million in Cash and Stock
Acquisition Will Make Travel More Accessible and Affordable for Millions of Consumers SAN FRANCISCO, July 27, 2023 /PRNewswire/ — Upgrade, Inc., a fintech company that offers affordable and responsible credit, mobile banking and payment products to mainstream consumers, today announced the acquisition of Uplift, Inc., the leading provider of Buy Now Pay Later (BNPL) payment… Continue reading Upgrade Acquires Uplift for $100 Million in Cash and Stock