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Zacks News
Copart Expands in Kentucky With Vincent Auto Acquisition
by Zacks Equity Research
Copart (CPRT) acquires Vincent Auto Solutions to strengthen its footprint in western Kentucky.
Harley (HOG) Widens Electric Portfolio With StaCyc Acquisition
by Zacks Equity Research
Harley's (HOG) acquisition of StaCyc is likely to boost its portfolio and offer an entry point to children's electric bike market.
Is Fox Factory Holding (FOXF) a Solid Growth Stock? 3 Reasons to Think " Yes "
by Zacks Equity Research
Fox Factory Holding (FOXF) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Tenneco Offers Modules for Jaguar's First All-Electric SUV
by Zacks Equity Research
Tenneco's (TEN) suspension components and modules will enable Jaguar I-PACE's electric powertrains to work proficiently.
Cummins Distributes Electric Vans to the US Postal Service
by Zacks Equity Research
Cummins (CMI) initiates delivery of fully-electric PowerDrive equipped vans to the United States Postal Service for demonstration and testing.
PCAR vs. FOXF: Which Stock Is the Better Value Option?
by Zacks Equity Research
PCAR vs. FOXF: Which Stock Is the Better Value Option?
Tesla (TSLA) Receives Green Signal to Sell Model 3 in Europe
by Zacks Equity Research
Tesla (TSLA) estimates the size of the European premium sedan market to be more than double of the one in the United States.
New Strong Buy Stocks for January 22nd
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Tuesday
General Motors (GM) Cautions Workers in Brazil on Losses
by Zacks Equity Research
Given the losses in South America, General Motors (GM) needs to devise a tough turnaround plan.
Magna's (MGA) Revenues in 2019 to be Hurt by Unit Disposition
by Zacks Equity Research
Magna (MGA) expects total revenues of $40.2-$42.4 billion and net income of $2.1-$2.3 billion for 2019.
General Motors (GM) Looks Good: Stock Adds 7.1% in Session
by Zacks Equity Research
General Motors (GM) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
Ford (F), Jaguar Announce Job Cuts in Europe as Demand Wanes
by Zacks Equity Research
A sharp decline in the demand for diesel vehicles, strict emission standards and a slump in global economies prompt automakers such as Ford (F), and Jaguar to opt for job cuts.
Honda to Halt UK Production to Counter Possible Disruption
by Zacks Equity Research
Honda (HMC) to shut the UK production for six days in April to counter possible disruptions, arising from the UK's exit from the European Union.
Fiat Chrysler Recalls 1.6M Vehicles to Fix Takata Airbags
by Zacks Equity Research
Fiat Chrysler (FCAU) announces a recall of 1.6 million vehicles to change Takata airbag inflators. The recall consists of vehicles of the model year 2010 through 2016.
General Motors (GM) Foresees Stronger 2019 Backed by Launches
by Zacks Equity Research
New launches of trucks, crossovers and SUVs impels General Motors (GM) to predict solid earnings for 2019.
Genuine Parts (GPC) Closes Hennig Fahrzeugteile Acquisition
by Zacks Equity Research
Genuine Parts (GPC) frequently makes investments and undertakes acquisitions to improve product offerings and expand the geographical footprint.
AutoNation (AN) Declares Cost-Saving & Restructuring Plan
by Zacks Equity Research
AutoNation (AN) expects the latest restructuring moves to fetch annual savings of $50 million.
Tesla (TSLA) to Break Ground on Gigafactory Plant in China
by Zacks Equity Research
Tesla (TSLA) aims to commence production at the Gigafactory Plant in China this year.
Westport Fuel (WPRT) Down on Rising Raw Material Prices
by Zacks Equity Research
Westport Fuel's (WPRT) adjusted net loss from continuing operations misses estimates in third-quarter 2018.
General Motors & DoorDash to Provide Self-Driving Delivery
by Zacks Equity Research
General Motors (GM) and DoorDash's autonomous meal and grocery delivery program is likely to begin in March.
General Motors Reaches Federal Tax Credit Phase Out Limit
by Zacks Equity Research
General Motors' (GM) 200,000 EV sales figure includes the cumulative sales since 2010.
AutoNation (AN) Lags on Dip in New-Vehicle Sales & Cost Woes
by Zacks Equity Research
Plunge in new-vehicle sales and rise in expenses are creating headwinds for AutoNation (AN).
Tesla (TSLA) Announces Q4 Deliveries, Slashes Price in the US
by Zacks Equity Research
Despite missing the yearly delivery target of Model S & X, Tesla's (TSLA) vehicle deliveries in Q4 rises sequentially. However, a price cut is likely to dent its profit margin.
Magna (MGA) Gains on Innovation Amid Lower Production Outlook
by Zacks Equity Research
Acquisitions and launch of technically-enhanced products drive Magna (MGA). However, lowered light-vehicle production outlook and high costs are concerns.
Copart (CPRT) Gains From Auction Locations Despite High Costs
by Zacks Equity Research
Adequate presence in markets through auction locations helps Copart (CPRT) drive sales. However, rising expenses, along with foreign currency volatility, are creating headwinds for the company.