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Zacks News
Ford Plunges After Warning of Q1 Loss Amid Coronavirus Woes
by Zacks Equity Research
Ford (F) expects adjusted loss before interest and taxes to be $600 million in the first quarter of 2020.
Coronavirus-Led Global Lockdown Hits Sabre (SABR) Q1 Revenues
by Zacks Equity Research
Coronavirus-led lockdown hits the travel industry hard, in turn hurting Sabre's (SABR) global travel bookings, financial condition and operating results in Q1.
Fast Times at Innovation High (Part 3)
by Kevin Cook
Your decision-making methods can be one of the most exciting and productive areas of your life and business to ignite innovation.
Yelp (YELP) to Cut Jobs to Stay Afloat Amid Coronavirus Crisis
by Zacks Equity Research
Yelp (YELP) to lay off and furlough more than 2,000 employees in an effort to save cost and stay afloat amid the coronavirus pandemic.
Large Caps Fight Coronavirus Under Defense Production Act
by Ritujay Ghosh
The Defense Production Act allows government to compel companies into manufacturing supplies for national defense purposes. 3M Company (MMM) has already responded to the situation.
General Motors to Make 30K Ventilators to Combat Coronavirus
by Zacks Equity Research
General Motors (GM) will manufacture and supply the ventilators to the government by the end of August, with the first 6,132 ventilators to be delivered by Jun 1.
Can 3D Printing Help in the Battle Against Coronavirus?
by Trina Mukherjee
Let's keep a watch on three stocks that are working toward bridging the medical equipment supply shortage gap with the help of 3D printing.
Will Layoffs, Furloughs Help Carmakers Survive Coronavirus?
by Ritujay Ghosh
The idea to go for pay cuts, layoffs and furloughs is to conserve cash as Tesla, Inc. (TSLA) and other car companies continue to bleed with halt in production and deliveries.
US Raw Steel Output Slumps as Demand Wanes on Coronavirus
by Anindya Barman
The U.S. steel industry is roiled by falling demand across major end-use markets amid the coronavirus pandemic.
Automakers Go Into Cash-Preserving Mode to Fight Coronavirus
by Rimmi Singhi
With coronavirus concerns dimming earnings and sales prospects, carmakers are resorting to cost-containment initiatives and drawing down their credit lines to preserve cash.
Carmakers Looking Beyond Extended Factory Closures
by Ritujay Ghosh
Many U.S. carmakers are now looking at resuming production in May after President Trump last week extended the guidelines aimed at containing the spread of the coronavirus till Apr 30.
Can 3M & Other Large Caps Fulfill Medical Gear Shortage?
by Ritujay Ghosh
A large number of businesses like 3M Company are responding to President Trump's request and ramping up production of masks, ventilators and other protective gear.
Q1 Auto Sales Hit by Coronavirus: ETF & Stocks in Focus
by Sweta Killa
The U.S. auto industry took a hit in the first quarter due to COVID-19 that forced people to stay home for the most of March, denting business of one of the nation's largest industries.
Company News for Apr 6, 2020
by Zacks Equity Research
Companies In The News Are: DIS, UAA, CMI, F.
U.S. Vehicle Sales in Q1 Take Nasty Hit: Is More Pain Ahead?
by Rimmi Singhi
Owing to weak consumer confidence and substantial increase in unemployment, car sales are likely to further decline in the coming months.
Large Caps Switch to Medical Gear as Coronavirus Spreads
by Ritujay Ghosh
Companies like Apple, Inc. (AAPL), General Motors (GM), Ford Motor Company (F) and The Gap, Inc. (GPS) have taken to manufacturing face masks and ventilators keeping in mind the growing demand.
ETFs to Ride High on Tesla's Robust Q1 Delivery Numbers
by Sweta Killa
The solid deliveries data has put the spotlight on ETFs having substantial allocation to the luxury carmaker.
General Motors (GM) U.S. Sales Volume Down 7.1% Y/Y in Q1
by Zacks Equity Research
General Motors (GM) reports total unit sales of 618,335 in Q1, marking a decrease of 7.1%, year on year, amid the coronavirus crisis.
Steel Industry Calls for Infrastructure Boost Amid Coronavirus
by Anindya Barman
U.S. steel industry groups said that significant infrastructure investment will put more Americans back to work and drive commerce and supplies across the nation.
Coronavirus Rampage Continues: 2020 Detroit Auto Show Nixed
by Rimmi Singhi
The Detroit show, officially known as the North American International Auto Show (NAIAS), is now set to be held in June 2021.
Auto Stock Roundup: Coronavirus-Related Updates Spell Shakeout for the Sector
by Zacks Equity Research
Check out the actions taken by various carmakers in the wake of coronavirus crisis.
General Motors, Ventec Life Team Up to Fight Coronavirus Crisis
by Zacks Equity Research
General Motors (GM) will manufacture VOCSN critical-care ventilators at its Indiana manufacturing facility, including the FDA-cleared ventilators scheduled for shipment as early as next month.
The Zacks Analyst Blog Highlights: HP, Stratasys, Ford and Volkswagen
by Zacks Equity Research
The Zacks Analyst Blog Highlights: HP, Stratasys, Ford and Volkswagen
The Zacks Analyst Blog Highlights: General Electric, Ford, 3M, Vir and Biogen
by Zacks Equity Research
The Zacks Analyst Blog Highlights: General Electric, Ford, 3M, Vir and Biogen
3D Printing to The Rescue? 4 Stocks to Beat Coronavirus Woes
by Nilanjan Banerjee
With rising cases of coronavirus-infected people, hospitals are grappling with the shortage of protective gears for their staff.