Global Smart Electric Drive Market to Reach USD 10,778.2 Million by 2030, Growing at a Strong 43.50% CAGR, Fueled by Rising Emphasis on Environment Sustainability, States Kings Research

DUBAI, UAE, Nov. 14, 2023 /PRNewswire/ — As per the latest report published by Kings Research, the global Smart Electric Drive Market size was recorded at USD 858.1 million in 2022 and is estimated to grow to USD 10,778.2 million by 2030, exhibiting a 43.50% CAGR over the forecast period of 2023-2030. The market is… Continue reading Global Smart Electric Drive Market to Reach USD 10,778.2 Million by 2030, Growing at a Strong 43.50% CAGR, Fueled by Rising Emphasis on Environment Sustainability, States Kings Research

Fisker reports wider-than-expected losses, underwhelming deliveries for the third quarter

Fisker began deliveries of its battery-electric Ocean SUV in the second quarter of 2023. Courtesy: Fisker Electric vehicle startup Fisker on Monday reported a third-quarter loss that was wider than Wall Street expected, and said it delivered only about 1,100 Ocean electric SUVs in the third quarter. But, it said, deliveries have accelerated since quarter-end,… Continue reading Fisker reports wider-than-expected losses, underwhelming deliveries for the third quarter

Wall Street Analysts Believe Magna (MGA) Could Rally 27.08%: Here’s is How to Trade

Magna (MGA) closed the last trading session at $52.62, gaining 0.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $66.87 indicates a 27.1% upside potential. The average comprises 15 short-term… Continue reading Wall Street Analysts Believe Magna (MGA) Could Rally 27.08%: Here’s is How to Trade

Bank Leumi to Report Third-Quarter 2023 Financial Results on November 29, 2023

TEL AVIV, Israel, Nov. 14, 2023 /PRNewswire/ — Bank Leumi (TASE: LUMI) announced today that it will release its Third-Quarter 2023 Financial Results on Wednesday, November 29, 2023. Mr. Omer Ziv, Deputy CEO and Head of the Capital Markets Division, and Ms. Hagit Argov, Head of the Financial Division, will host the results call followed by Q&A. … Continue reading Bank Leumi to Report Third-Quarter 2023 Financial Results on November 29, 2023

Canada’s Magna, Unifor reach tentative labor deal

The spokesperson added that members of Unifor Local 444 employed at the Magna Integram plant would be returning to work on Monday. Canada’s Magna International has reached a tentative agreement with Unifor, a company spokesperson said on Monday, the latest in a series of deals struck by North American labor unions following their tough stance… Continue reading Canada’s Magna, Unifor reach tentative labor deal

Canada’s Magna, Unifor reach tentative labor deal

(Reuters) – Canada’s Magna International has reached a tentative agreement with Unifor, a company spokesperson said on Monday, the latest in a series of deals struck by North American labor unions following their tough stance over wages and working conditions. Both parties resumed talks last week after workers staged a walkout at the auto parts… Continue reading Canada’s Magna, Unifor reach tentative labor deal

@Fisker: Fisker Opens Fisker Lounge NYC, Invites Customers to Experience the All-Electric Fisker Ocean SUV000169

LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, opened the Fisker Lounge NYC on Friday, November 10th, and announces the lounge is now open to the public Monday – Sunday from 10AM-6PM ET. The Fisker Lounge NYC is located at 401 W.… Continue reading @Fisker: Fisker Opens Fisker Lounge NYC, Invites Customers to Experience the All-Electric Fisker Ocean SUV000169

Don’t Race Out To Buy Magna International Inc. (TSE:MG) Just Because It’s Going Ex-Dividend

Readers hoping to buy Magna International Inc. (TSE:MG) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company’s… Continue reading Don’t Race Out To Buy Magna International Inc. (TSE:MG) Just Because It’s Going Ex-Dividend

Canadian union Unifor, Magna resume bargaining after strike at seating plant

(Reuters) – Canadian labour union Unifor said on Thursday it has returned to the bargaining table with Magna International after workers staged a walkout at the auto parts supplier’s Integram seat manufacturing facility in Windsor. Unifor members at the facility had launched a strike on Wednesday after Magna was unable to reach a tentative deal… Continue reading Canadian union Unifor, Magna resume bargaining after strike at seating plant

Are Investors Undervaluing Magna International (MGA) Right Now?

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.… Continue reading Are Investors Undervaluing Magna International (MGA) Right Now?