Tag: Financial Results

BorgWarner Installs First Fast Charging Stations In Italy

Reuters Exclusive: UnitedHealth struggling to sell Brazilian unit Amil – sources UnitedHealth Group Inc, the top U.S. healthcare company by market capitalization, is struggling to sell Brazilian unit Amil due to antitrust issues and growing losses from individual health plans, according to four people with knowledge of the matter. After studying ways to divest Amil… Continue reading BorgWarner Installs First Fast Charging Stations In Italy

BorgWarner Shares Gain On Q2 Results, Acquires Rhombus Energy Solutions

MarketWatch Qorvo stock rallies on earnings beat Qorvo Inc. shares rallied in the extended session Wednesday after the semiconductor company topped Wall Street estimates for the quarter. Qorvo shares rallied more than 7% after hours, following a 3.6% gain in the regular session to close at $106.87. The company reported fiscal first-quarter net income of… Continue reading BorgWarner Shares Gain On Q2 Results, Acquires Rhombus Energy Solutions

Aptiv PLC (APTV) Lags Q2 Earnings and Revenue Estimates

Aptiv PLC (APTV) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -64.52%. A quarter ago, it was expected that… Continue reading Aptiv PLC (APTV) Lags Q2 Earnings and Revenue Estimates

Aptiv Cuts FY22 Forecast On Q2 Earnings Miss

Motley Fool Why Fastly Stock Is Falling Today Shares of Fastly (NYSE: FSLY), a content delivery network company, were tumbling today after management reported second-quarter results that disappointed investors. Fastly beat analysts’ top-line consensus estimate, but earnings fell short of Wall Street’s expectations. In a press release, CEO Joshua Bixby said, “We are pleased to… Continue reading Aptiv Cuts FY22 Forecast On Q2 Earnings Miss

Analyst: Tesla stock is far overvalued and could plunge more than 50%

Tesla stock is inflated and could lose more than half of its value, according to Citi analyst Itay Michaeli. In a note to clients, Michaeli reiterated a sell rating on Tesla’s stock on with a $424 price target. Tesla stock traded around at $923 per share on Wednesday. The basis for Michaeli’s bold call involves… Continue reading Analyst: Tesla stock is far overvalued and could plunge more than 50%

Sandhills Market Reports Track Changing Trends in Medium-Duty Construction Equipment and Continued Decline in Truck and Trailer Values

LINCOLN, Neb., Aug. 4, 2022 /PRNewswire/ — Recent Sandhills Global market reports identified trends in used medium-duty construction equipment in Sandhills marketplaces, including consecutive months of inventory increases, that signaled potential value changes. In July, medium-duty construction equipment trends continued to swing; inventory growth accelerated and auction values decreased for the second month in a row.… Continue reading Sandhills Market Reports Track Changing Trends in Medium-Duty Construction Equipment and Continued Decline in Truck and Trailer Values

EMBRAER EARNINGS RESULTS 2nd QUARTER 2022

SÃO PAULO, Aug. 4, 2022 /PRNewswire/ — EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its Second Quarter 2022 Earnings Results. HIGHLIGHTS Firm order backlog ended 2Q22 at US$ 17.8 billion (+US$0.5 billion versus 1Q22). This is the highest quarter backlog post pandemic, driven by solid order activity. Recent announcement of 20 E195-E2 firm order of… Continue reading EMBRAER EARNINGS RESULTS 2nd QUARTER 2022

Global Fiber Optic Cables Market to Reach $21.73 Billion by 2027

DUBLIN, Aug. 4, 2022 /PRNewswire/ — The “Fiber Optic Cables Market Research Report by Type (Multi-Mode and Single-Mode), End Use, Application, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2027 – Cumulative Impact of COVID-19″ report has been added to ResearchAndMarkets.com’s offering. The Global Fiber Optic Cables Market size was… Continue reading Global Fiber Optic Cables Market to Reach $21.73 Billion by 2027

Globant Launches Automotive Studio With Focus on Mobility at Scale

New Studio adds to Globant’s Reinvention Studios portfolio, which includes Smart Payments, EdTech, Airlines, and Gaming, among others. SAN FRANCISCO, Aug. 4, 2022 /PRNewswire/ — Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced the launch of its Automotive Studio. With this new offering, the company aims… Continue reading Globant Launches Automotive Studio With Focus on Mobility at Scale