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Zacks News
Group 1 Automotive Surges 94.4% YTD: What's Working in Favor?
by Zacks Equity Research
Group 1 Automotive's (GPI) impressive performance in the United States, and strong business execution of used vehicles and after-sales units boosting the company's profits.
Ford (F) Expands Mustang Muscle Car Range, Launch in 2020
by Zacks Equity Research
Ford's (F) next SUV, Mustang Mach-E, will be available in standard and extended-range battery variants with either a rear-wheel or an all-wheel drive.
Cummins Targets Net-Zero Carbon Emissions Through PLANET 2050
by Zacks Equity Research
Cummins' (CMI) latest environmental sustainability strategy aimed at addressing climate change and air emissions, ensuring the most sustainable use of natural resources, and improving communities.
Navistar to Face $140M Revenue Loss From UAW's Strike at GM
by Zacks Equity Research
Navistar's (NAV) 2019 revenues and adjusted EBITDA are likely to be hit by $140 million and $15 million, respectively, owing to the UAW strike.
Meritor (MTOR) Q4 Earnings Surpass Estimates, Improve Y/Y
by Zacks Equity Research
Meritor (MTOR) issues fiscal 2020 revenue and adjusted earnings per share guidance in the range of $3.7-$3.8 billion and $2.75-$2.85, respectively.
Advance Auto Parts (AAP) Q3 Earnings Beat Estimates, Rise Y/Y
by Zacks Equity Research
Advance Auto Parts (AAP) reiterated 2019 consolidated revenues and adjusted operating income margin guidance at $9,650-$9,750 million and 8-8.2%, respectively.
Magna (MGA) Earnings Surpass Estimates in Q3, Decline Y/Y
by Zacks Equity Research
Magna (MGA) updates 2019 consolidated revenue and adjusted EBIT margin guidance to $38.7-$39.8 billion and 6.3-6.5%, respectively.
General Motors (GM) Sells Ohio Plant to Lordstown Motors
by Zacks Equity Research
General Motors' (GM) Ohio factory sale is expected to turn the Lordstown area into a centre for electric-vehicle manufacturing.
Westport Fuel (WPRT) Q3 Earnings and Sales Beat Estimates
by Zacks Equity Research
Westport Fuel (WPRT) updates 2019 revenues from continuing operations guidance to $295-$305 million.
Toyota (TM) Lags Q2 Earnings Estimates, Narrows Sales View
by Zacks Equity Research
Bringing in pleasant news for investors, Toyota (TM) announces a $1.8-billion share buyback.
Adient (ADNT) Q4 Earnings Top Estimates, Down Y/Y
by Zacks Equity Research
Adient (ADNT) delivers a dismal fiscal Q4 performance due to weaker contribution across all segments.
Johnson Controls (JCI) Q4 Earnings Beat Estimates, Drop Y/Y
by Zacks Equity Research
Johnson Controls (JCI) fourth-quarter 2019 earnings gain on increased Building Solutions North America and Building Solutions Asia Pacific segment revenues.
CNH Industrial (CNHI) Q3 Earnings In Line With Estimates
by Zacks Equity Research
CNH Industrial (CNHI) maintains fourth-quarter 2019 adjusted earnings per share guidance at 84-88 cents.
NIO Partners with Mobileye on Self-Driving Car Technology
by Zacks Equity Research
NIO (NIO) jumps 37% on partnership announcement with Mobileye to develop driverless vehicles in China.
CNH Industrial's ATI Acquisition to Boost Agricultural Unit
by Zacks Equity Research
CNH Industrial (CNHI) acquires ATI to offer factory-fit industry-leading track technology to customers.
Cooper-Standard (CPS) Reports Q3 Loss, Trims '19 Guidance
by Zacks Equity Research
Cooper-Standard Holdings (CPS) reports Q3 loss due to unfavorable volume and mix, foreign exchange, as well as the sale of Anti-Vibration Systems.
SPX (SPXC) Hits 52-Week High, Can the Run Continue?
by Zacks Equity Research
SPX (SPXC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
CNH Industrial's K-Line Ag Buyout to Boost Agricultural Growth
by Zacks Equity Research
CNH Industrial's (CNHI) acquisition of K-Line Ag will help the company incorporate key tillage and residue management equipment for optimal seedbed preparations.
SPX (SPXC) Reports Next Week: Wall Street Expects Earnings Growth
by Zacks Equity Research
SPX (SPXC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LKQ Corp Divests Major Portion of Bulgaria-Based Business
by Zacks Equity Research
LKQ Corp (LKQ) has not declared terms of the divestiture deal.
Tesla (TSLA) Buys DeepScale to Develop Fully Autonomous Cars
by Zacks Equity Research
The financial details of Tesla's (TSLA) DeepScale transaction has been kept under wraps.
New Strong Buy Stocks for October 4th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Friday
Tesla (TSLA) Falls Short of Achieving Q3 Delivery Target
by Zacks Equity Research
Tesla (TSLA) delivers 79,600 Model 3, and 17,400 Model S and X cars in the three months ended September 2019.
Fiat Chrysler (FCAU) Fined $40M for Inflating Sales Numbers
by Zacks Equity Research
Fiat Chrysler's (FCAU) payment of $40-million penalty will not have a significant impact on its financials.
Cummins and Hyundai to Collaborate for Fuel Cell Technology
by Zacks Equity Research
The collaboration of Cummins (CMI) and Hyundai is likely to have a significant impact on the commercial vehicle market.