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Zacks News
Asbury (ABG) Enhances Foothold in Denver on Stevinson Buyout
by Zacks Equity Research
The purchase of Stevinson will contribute approximately $715 million in annualized revenues to Asbury (ABG).
Toyota (TM) to Build 1st US Battery Plant in North Carolina
by Zacks Equity Research
Toyota (TM) plans to invest $1.29 billion to build an EV battery plant in North Carolina.
Here's Why AutoZone (AZO) Looks Poised for Q1 Earnings Beat
by Zacks Equity Research
Store expansion initiatives and ramped-up digitization are likely to have aided AutoZone's (AZO) fiscal Q1 sales.
General Motors (GM) Lifts Profit Projections, Stock Rallies
by Zacks Equity Research
General Motors (GM) raises its full-year 2021 EBIT projection to $14 billion from the previous guided range of $11.5-13.5 billion. Shares rise 5% following the revised forecast.
Magna (MGA) Set for Big Gains in Electrification Program
by Zacks Equity Research
Magna (MGA) seeks to achieve more than $2 billion in managed powertrain electrification sales by 2023 and above $4 billion by 2027.
CNH Industrial (CNHI) to Enrich Portfolio With NX9 Buyout
by Zacks Equity Research
The takeover of NX9 will consolidate ISOBUS core technologies across the entire EV platform of CNH Industrial's (CNHI) core agriculture product portfolio, thereby boosting it significantly.
General Motors (GM), POSCO Unite for Battery Cathode Material
by Zacks Equity Research
General Motors (GM) and POSCO join forces to build a factory in North America for processing Cathode Active Material for Ultium batteries.
The Zacks Analyst Blog Highlights: Tesla, Goodyear Tire, LCI Industries and Harley-Davidson
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Tesla, Goodyear Tire, LCI Industries and Harley-Davidson
Lithia (LAD) Boosts Buyback, Concludes First ABS Offering
by Zacks Equity Research
Lithia (LAD) adds $750 million to the share buyback program, bringing its total funds available for repurchase to $885 million.
Tesla (TSLA) to Boost Shanghai Production, Open Berlin Plant
by Zacks Equity Research
Tesla (TSLA) intends to invest roughly 1.2 billion yuan ($188 million) in boosting production at its Shanghai Gigafactory and plans to commence production in its Berlin plant by December.
Oshkosh (OSK) Secures $591.61 Million Contract From DoD
by Zacks Equity Research
Oshkosh's (OSK) latest contract from the Department of Defense requires it to serve the U.S. military and a few foreign countries with vehicles and trailers worth around $600 million.
BJ's Wholesale and AstraZeneca have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
BJ's Wholesale and AstraZeneca have been highlighted as Zacks Bull and Bear of the Day
Here's Why You Should Hit the Buy Button on AutoNation (AN)
by Zacks Equity Research
AutoNation (AN) has rallied 82.8% year to date and is poised to maintain the bull run on the back of several tailwinds. It is advised to snap up AN to reap handsome rewards.
General Motors (GM) Buys a 25% Stake in Pure WaterCraft
by Zacks Equity Research
General Motors (GM) claims a 25% stake in Pure Watercraft to widen the reach in the EV domain, aiming for zero-emission future products.
Meritor's (MTOR) Q4 Earnings Beat, Sales Miss Estimates
by Zacks Equity Research
Meritor's (MTOR) fiscal Q4 earnings improve year over year on higher sales led by increased global truck production. The company has also raised its fiscal 2022 guidance.
Autoliv (ALV) & SSAB Partner for Zero Carbon Auto Products
by Zacks Equity Research
Autoliv (ALV) joins forces with SSAB to reduce fossil content in auto safety products, aiming for zero carbon footprint. The company is also working on other optimizations projects.
Adient's (ADNT) Q4 Loss Narrower Than Expected, Sales Miss
by Zacks Equity Research
Adient (ADNT) expects fiscal 2022 revenues of $14.8 billion, higher than $13.7 billion recorded in fiscal 2021.
CNH Industrial (CNHI) Up 2.7% Since Q3 Earnings & Sales Beat
by Zacks Equity Research
CNH Industrial (CNHI) not just posts a comprehensive Q3 beat but also witnesses a year-over-year surge in sales and profits.
Company News for Nov 8, 2021
by Zacks Equity Research
Companies in the news are: GRPN, GT, AXL, AMCX
Goodyear's (GT) Q3 Earnings & Revenues Beat on High Volumes
by Zacks Equity Research
Goodyear's (GT) Q3 earnings beat estimates and rise year over year on the back of higher volumes and synergies from the Cooper Tire merger.
Goodyear (GT) Q3 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Goodyear (GT) delivered earnings and revenue surprises of 213.04% and 6.96%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
LKQ Corp (LKQ) Crushes Q3 Earnings & Sales Estimates, Ups '21 View (Revised)
by Zacks Equity Research
For 2021, LKQ Corp (LKQ) projects adjusted diluted EPS in the range of $3.78-$3.88 per share, up from the previous estimate of $3.55-$3.75 per share.
Goodyear (GT) Upgraded to Strong Buy: What Does It Mean for the Stock?
by Zacks Equity Research
Goodyear (GT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Goodyear (GT) Shows Fast-paced Momentum But Is Still a Bargain Stock
by Zacks Equity Research
Goodyear (GT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
New Strong Buy Stocks for October 28th
by Zacks Equity Research
JBL, TX, GT, UFI, and BOKF have been added to the Zacks Rank #1 (Strong Buy) List on October 28, 2021.