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Autoliv (ALV) to Partner Seeing Machines for Driver Monitor

2017-08-18 zacks
Autoliv, Inc. (ALV - Free Report) , the Stockholm, Sweden-based automotive safety company has planned to team up with Canberra, Australia-based Seeing Machines for developing driver monitoring systems (DMS) for autonomous vehicles. The collaboration between Autoliv and Seeing Machines, a pioneer in computer vision-based human sensing technologies, is expected to help lower distracted driver accidents.

General Motors' Maven Expands Ride and Delivery Services

2017-08-17 zacks
General Motors Company’s (GM - Free Report) car-sharing operation, Maven, is taking initiatives to expand its partnerships in ride and delivery services, per a Reuters report. Maven has decided to do so because its parent, General Motors, is mulling over entering the on-demand mobility business, which is presently controlled by Uber Technologies and Lyft Inc. However, Maven has already taken steps to pull out from Lyft, in which General Motors holds a 9% stake.

Westport Fuel Systems (WPRT) Q2 Loss Narrower than Expected

2017-08-16 zacks
Westport Fuel Systems Inc.’s (WPRT - Free Report) second-quarter 2017 adjusted net loss from continuing operations came in at 12 cents per share, narrower than the Zacks Consensus Estimate of a loss of 15 cents. Adjusted net income per share came in at 4 cents in  second-quarter 2016. Total net loss from continuing operations amounted to $13.3 million. The reported net income for second-quarter 2016 was $3.

The Next Big Thing for Tesla Inc (TSLA) Stock: Semi-Trucks? | InvestorPlace

2017-08-15 investorplace
Earlier this month, Tesla Inc (NASDAQ:TSLA) beat on earnings-per-share and revenue expectations. Bears were looking for this quarter to reveal deep cash burn and further losses. They got it. But the losses were smaller than anticipated and investors continue to overlook spending as demand remains strong. As a result, TSLA stock is rallying.

Advance Auto Parts (AAP) Earnings Miss in Q2, Decline Y/Y

2017-08-15 zacks
Advance Auto Parts Inc. (AAP - Free Report) reported a 16.8% decline in adjusted earnings to $1.58 per share in the second quarter of fiscal 2017 (ended Jul 15, 2017) from $1.90 earned in the prior-year quarter. The figure also missed the Zacks Consensus Estimate of $1.65. Adjusted net income declined to $117 million from $141 million in the second quarter of fiscal 2016. Advance Auto Parts came up with revenues of $2.

Magna International (MGA) Beats on Q2 Earnings & Revenues

2017-08-14 zacks
Magna International Inc. (MGA - Free Report) reported second-quarter 2017 earnings per share of $1.48, surpassing the Zacks Consensus Estimate by a penny. Earnings also improved 5% from $1.41 recorded in the second quarter of 2016. Revenues increased 3% year over year and reached all-time quarterly record of $9.68 billion. Revenues also surpassed the Zacks Consensus Estimate of $9.43 billion. The company reported a decrease in adjusted EBIT to $776 million, from the year-ago figure of $789 million.

Tesla (TSLA) Upsizes Notes Offering for Model 3 Production

2017-08-14 zacks
Tesla Inc. (TSLA - Free Report) has announced that it will issue and sell $1.80 billion in aggregate principal amount of senior notes due in 2025. This latest announcement came barely a week after the first announcement of raising $1.5 billion, through the offering of senior notes due 2025. The company intends to use the proceeds of these notes offering to support the production of its latest Model 3 sedan and other corporate objectives.

Top Ranked Income Stocks to Buy for August 9th

2017-08-09 zacks
Here are four stocks with buy rank and strong income characteristics for investors to consider today, August 9th:

Cummins#39; Rs 1,500 crore technical centre to be ready by year-end

2017-08-09 moneycontrol
The technical centre being set up by engine manufacturer Cummins here at an investment of Rs 1,000- 1,500 crore is expected to be up and running by this year-end, a senior official said on Wednesday.

Lear Corporation (LEA) Refinances Existing Credit Facilities

2017-08-09 zacks
Lear Corporation (LEA - Free Report) has announced the inking of a new credit agreement. The Southfield, MI-based company has entered into an agreement to refinance its existing credit facilities. This move is expected to enhance the financial flexibility of Lear Corporation and position it well to take advantage of conducive market conditions. Lear Corporation is a leading global supplier of automotive seating systems, electrical distribution systems and electronics.

AutoZone (AZO) Chosen by Region 4 Center as Parts Provider

2017-08-09 zacks
In a significant development, AutoZone, Inc. (AZO - Free Report) has been awarded a contract as the provider for automotive parts and supplies by Region 4 Education Service Center, Houston, TX. This exclusive, multi-year contract testifies the strength of the Memphis, TN-based company’s automotive products, technology solutions, and team. The contract is available through the National Intergovernmental Purchasing Alliance (National IPA), the cooperative purchasing organization.

Top ten bulk deals of Tuesday

2017-08-09 indiainfoline
Following are the top ten bulk deals that occurred on the National Stock Exchange in Tuesday’s trading session,

Markets may open gap down on negative global clues

2017-08-09 indiainfoline
Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.

FII DII cash flow updates for August 8

2017-08-09 indiainfoline
The foreign institutional investors (FIIs) were net buyers in the cash markets with net cash inflow of Rs 1539 crore while they were also net buyers in index options with net cash inflow of Rs 1285 crore.

Corporate actions on Wednesday

2017-08-09 indiainfoline
Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.

US stocks end lower after comments from Trump

2017-08-09 indiainfoline
Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.

Global cues for D-Street on Wednesday

2017-08-09 indiainfoline
Here is a list of the top global cues that you should know before hitting D-Street on Wednesday.

Indian ADRs update for August 8

2017-08-09 indiainfoline
Indian ADRs ended with mixed sentiments in the market during the trading hours of August 8.

GlaxoSmithkline Consumer Healthcare Q1FY18 standalone net profit declines 17.7% yoy

2017-08-09 indiainfoline
GlaxoSmithkline Consumer Healthcare Ltd's Q2FY17 standalone net profit declines 16% yoy to Rs.184 crore : Estimates Mixed

Tesla (TSLA) to Raise $1.5 Billion for Model 3 Production

2017-08-09 zacks
Tesla Inc. (TSLA - Free Report) plans to raise $1.5 billion, through the offering of senior notes due 2025. The company intends to use the proceeds of this notes offering to support the production of its latest Model 3 sedan and other corporate objectives. In the second quarter, Tesla made total cash investment of $1.16 billion for development of Model 3’s capacity and to amplify its battery output.

Yamaha Motor Achieves Record First-half Earnings

2017-08-08 indiainfoline
Yamaha Motor Co., Ltd. (TOKYO:7272)(ISIN:JP3942800008) announced today that in the first half of its fiscal year ending December 31, 2017, consolidated net sales of 828.1 billion yen were up 6.4% from the previous year. The company achieved all-time highs in operating income of 82.2 billion yen (up 25.7%), ordinary income of 83.5 billion yen (up 51.1%), and net income for the period attributable to parent company shareholders of 60.

SRF fixes record date for interim dividend

2017-08-08 indiainfoline
Cummins India is a leading manufacturer of diesel and natural gas engines with manufacturing capacity of 75,000 engines p.a. It ...

Kallam Spinning Mills plans bonus issue

2017-08-08 indiainfoline
Cummins India is a leading manufacturer of diesel and natural gas engines with manufacturing capacity of 75,000 engines p.a. It ...

SEBI directions w.r.t. listed Shell Companies ⠕pdate 1

2017-08-08 indiainfoline
This is in continuation of Exchange Notice no. 20170807-31 implementing directions given in SEBI letter on listed Shell Companies bearing no. SEBI/HO/ISD/ISD/OW/P/2017/18183 dated August 7, 2017 forwarding list of 331 Shell Companies and directing Exchanges to initiate actions against these companies as stated in the said letter.

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