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Zacks News
Winnebago (WGO) Acquires Chris-Craft to Diversify Portfolio
by Zacks Equity Research
The acquisition of Chris-Craft is in sync with Winnebago's (WGO) strategy to diversify its portfolio in the outdoor lifestyle market.
Goodyear (GT) to Conduct Research at Mcity Test Facility
by Zacks Equity Research
Goodyear (GT) extends its worldwide innovation network to include Ann Arbor, MI-based Mcity. The company is going to carry out tests at the Mcity Test Facility.
Daimler (DDAIF) Broadens Investment Portfolio With Taxify
by Zacks Equity Research
With an aim to be a leader in mobility services, Daimler (DDAIF) widens its investment portfolio by adding another ride-hailing company.
Looking for a Growth Stock? Why It is Time to Focus on Ferrari N.V. (RACE)
by Zacks Equity Research
Ferrari N.V. (RACE) seems well-positioned for future earnings growth and it is seeing rising earnings estimates as well, coupled with a solid Zacks Rank.
Tesla (TSLA) Delays International Launch of Model 3 to 2019
by Zacks Equity Research
Delay in achieving the Model 3 production target in the United States impels Tesla (TSLA) to delay the international launch of the vehicle.
3 Stocks in Focus as Italy Political Crisis Rattles Market
by Sandip Chakraborty
Escalating political turmoil in Italy has adversely affected the U.S. financial market as President Sergio Mattarella rejected Paolo Savona's appointment as the economy minister.
4 Reasons to Add Meritor (MTOR) Stock to Your Portfolio Now
by Zacks Equity Research
Strong earnings performance, upbeat outlook, new M2019 plan and product introductions make Meritor (MTOR) a promising bet now.
Nissan to Lower North American Output, Raise Profitability
by Zacks Equity Research
Nissan (NSANY) to reduce its North America production by about 20%. Declining profitability in the United States has prompted the company to make such a move.
Fiat Chrysler (FCAU) to Recall 5.3M Units in North America
by Zacks Equity Research
Fiat Chrysler (FCAU) to recall more than 5.3 million vehicles in North America this week to fix a defective cruise control.
Regulator Orders Daimler (DDAIF) to Recall Mercedes Vans
by Zacks Equity Research
Daimler (DDAIF) differs with the assessment of the regulator regarding Mercedes-Benz Vito delivery vans. The company intends to appeal against the decision.
ALSN vs. RACE: Which Stock Is the Better Value Option?
by Zacks Equity Research
ALSN vs. RACE: Which Stock Is the Better Value Option?
Group 1 Automotive (GPI) Rides on Dealership Expansions
by Zacks Equity Research
Group 1 Automotive's (GPI) expansion efforts are likely to boost its annualized revenues.
Copart's (CPRT) Q3 Earnings & Revenues Surpass Estimates
by Zacks Equity Research
Copart (CPRT) beats on Q3 earnings and revenues. Also, the company's top- and bottom-line figures increase year over year.
New Strong Buy Stocks for May 24th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Thursday
AutoZone's (AZO) Q3 Earnings Beat Estimates, Revenues Miss
by Zacks Equity Research
AutoZone (AZO) opens 26 new stores and relocates one in the United States in the third quarter of fiscal 2018.
Superior Industries Rides On Volumes & UNIWHEELS Buyout
by Zacks Equity Research
UNIWHEELS acquisition aids Superior Industries (SUP) to diversify customers. Also, solid volume in North America and European business additions are leading to higher unit shipment.
Magna (MGA) Gains From Technology Development, Alliances
by Zacks Equity Research
Collaboration with China's BAIC Group and Lyft for co-developing futuristic mobility technologies is likely to help Magna (MGA) strengthen and diversify its product portfolio.
Ford (F) Beats Odds to Restart F-150 Pickup-Truck Production
by Zacks Equity Research
After one week of halt, Ford (F) is about to resume its largest-selling F-150 pickup-truck production.
Toyota to Team Up With ALBERT for Self-Driving Technology
by Zacks Equity Research
Toyota (TM) plans to partner with ALBERT to analyze big data for developing automated driving technology.
Tesla to Halt Production Line to Address Model 3 Bottlenecks
by Zacks Equity Research
In order to address production bottlenecks for Model 3, Tesla (TSLA) plans to halt production for six days at its general assembly in Fremont, CA factory at the end of May.
Honda to Invest $30M in Ohio Facilities to Boost Production
by Zacks Equity Research
Honda (HMC) begins the production of new 2019 Honda Insight hybrid model at Greensburg, IN facility. The investment is in sync with the strategy to boost the production of its electric vehicles.
Westport Fuel Systems (WPRT) Gains From HPDI 2.0 Product
by Zacks Equity Research
Westport Fuel Systems' (WPRT) first-quarter 2018 results ride on the rise of euro, solid sales in the European aftermarket and delayed OEM business, and the launch of Westport HPDI 2.0 product.
Westport Fuel (WPRT) Q1 Earnings & Revenues Beat Estimates
by Zacks Equity Research
Westport Fuel's (WPRT) first-quarter 2018 results ride on the rise of euro vis-a-vis dollar, solid sales in the European aftermarket and delayed OEM business, and the launch of Westport HPDI 2.0 product.
Penske Automotive (PAG) Announces 2.9% Hike in Dividend
by Zacks Equity Research
Penske Automotive (PAG) raises second-quarter 2018 cash dividend. This underscores the company's confidence on its diversified transportation services business model.
Magna (MGA) Q1 Earnings & Revenues Beat Estimates, Rise Y/Y
by Zacks Equity Research
Growth in sales across all four segments enables Magna (MGA) to surpass earnings estimates in Q1.