[ad_1] The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Taylor, Vice President, NYSE Listings and Services, rings The Opening Bell®. NYSE Lidar makers Ouster and Velodyne …
Read More »Ford Transit Trail 2023 targets boom in RV ‘van life’
[ad_1] DETROIT — Ford Motor wants to make “living in a van down by the river” a bit more comfortable than late comedian Chris Farley — a cousin of the automaker’s CEO — made it out to be in a well-known “Saturday Night Live” sketch from the early 1990s. The …
Read More »GM temporarily suspends advertising on Twitter following Elon Musk takeover
[ad_1] A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images DETROIT – General Motors is …
Read More »Chrysler owner Stellantis offers buyouts to some U.S. employees
[ad_1] The sign is seen outside of the FCA US LLC Headquarters and Technology Center as it is changed to Stellantis on January 19, 2021 in Auburn Hills, Michigan. – Newly-created European carmaker Stellantis motored its way January 18, 2021 onto the Paris and Milan stock exchanges. Stellantis — created …
Read More »Here’s a roundup of 8 price target changes we made in Club stocks
[ad_1] This earnings season has been a tough one for our big technology stocks — and as a result, we’ve lowered several of our price targets based on the companies’ latest quarterly reports, forward guidance and commentary. The current rising interest rate environment and the strong U.S. dollar — another …
Read More »AutoNation, Lithia rally despite Wall Street’s ‘demand destruction’ theory
[ad_1] Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT – Shares of AutoNation, Group 1 Automotive and other automotive dealers rallied Thursday following strong third-quarter earnings and optimistic outlooks regarding consumer demand for new vehicles. …
Read More »Meta, Ford, Honeywell, Caterpillar & more
[ad_1] A sign is seen outside of the inaugural physical store of Facebook-owner Meta Platforms Inc in Burlingame, California, May 4, 2022. Brittany Hosea-Small | Reuters Check out the companies making headlines before the bell. Meta — The social media stock dropped 22.8% after Meta reported an earnings miss and …
Read More »Ford's earnings beat, significant free cash flow mean we're sticking with the auto stock
[ad_1] Ford Motor (F) reported an earnings beat for the third quarter, while demonstrating solid free cash flow — a key reason why the Club still backs the automaker. [ad_2] Source link
Read More »Ford takes $2.7 billion hit as it drops efforts to develop full self-driving cars
[ad_1] New York CNN Business — Ford is essentially pulling the plug on an effort to develop its first full self-driving car, and it’s going to cost the automaker $2.7 billion to walk away. The company announced Wednesday it would no longer provide financial support for Argo AI, a self-driving …
Read More »Ford Motor (F) earnings Q3 2022
[ad_1] 2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor recorded a net loss of $827 million during the third quarter, weighed down by supply chain problems and an investment in autonomous vehicle unit Argo AI. Still, the automaker narrowly beat Wall Street’s subdued expectations for the period and …
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