GMS Buys Kamco for $321.5M, Expects Cost & Revenue Synergies
https://www.zacks.com/stock/news/2236088/gms-buys-kamco-for-321-5m-expects-cost-revenue-synergies?cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-2236088
Mar 05, 2024 - GMS' recent move helps in market expansion in the core product categories and continuous development in the New York metropolitan market.
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NIO Q4 Loss Narrower Than Expected, Revenues Increase Y/Y
https://www.zacks.com/stock/news/2236622/nio-q4-loss-narrower-than-expected-revenues-increase-y-y?cid=CS-ZC-FT-analyst_blog|earnings_article-2236622
Mar 06, 2024 - NIO reports a narrower-than-expected loss in the fourth quarter of fiscal 2023 and expects first-quarter 2024 revenues between $1,479 million and $1,562 million.
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Toyota (TM) Agrees on Its Highest Wage Hike in 3 Decades
https://www.zacks.com/stock/news/2240880/toyota-tm-agrees-on-its-highest-wage-hike-in-3-decades?cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-2240880
Mar 14, 2024 - Toyota (TM) agrees to the union's demand for a significant salary hike, marking a substantial increase since 1999.
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Hertz Global (HTZ) Appoints Its New CEO Amid Challenges
https://www.zacks.com/stock/news/2242406/hertz-global-htz-appoints-its-new-ceo-amid-challenges?cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-2242406
Mar 18, 2024 - Hertz (HTZ) appoints West as its CEO. West will commence work from Apr 1.
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US Softens Emission Rules Amid Slower EV Uptake, Automakers Cheer
https://www.zacks.com/stock/news/2243317/us-softens-emission-rules-amid-slower-ev-uptake-automakers-cheer?cid=CS-ZC-FT-analyst_blog|industry_focus-2243317
Mar 20, 2024 - The revised emission rules ease the burden on Detroit 3 automakers- GM, STLA and F. The initial proposal risked $10.5B in fines by 2032. Softened regulations offer time to adapt.
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Auto Giants Brace for Supply Disruptions After Baltimore Debacle
https://www.zacks.com/stock/news/2246743/auto-giants-brace-for-supply-disruptions-after-baltimore-debacle?cid=CS-ZC-FT-analyst_blog|industry_focus-2246743
Mar 27, 2024 - In the wake of the Baltimore Bridge collapse, automakers face renewed supply chain disruptions, compelling them to refine strategies for rerouting and contingency plans.
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Will General Motors (GM) Beat Estimates Again in Its Next Earnings Report?
https://www.zacks.com/stock/news/2248592/will-general-motors-gm-beat-estimates-again-in-its-next-earnings-report?cid=CS-ZC-FT-tale_of_the_tape|yseop_template_7-2248592
Apr 01, 2024 - General Motors (GM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Design a Balanced Portfolio With These 4 Low P/CF Stocks
https://www.zacks.com/stock/news/2248414/design-a-balanced-portfolio-with-these-4-low-p-cf-stocks?cid=CS-ZC-FT-analyst_blog|rw-2248414
Apr 01, 2024 - Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. ATGE, GM, UNM & KBH boast low P/CF ratios.
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MP Materials (MP) Receives $58.5M for Rare Earth Magnet Facility
https://www.zacks.com/stock/news/2249320/mp-materials-mp-receives-58-5m-for-rare-earth-magnet-facility?cid=CS-ZC-FT-analyst_blog|company_news_-_corporate_actions-2249320
Apr 02, 2024 - MP Materials (MP) expects to start the commercial production of finished magnets in late 2025 in its U.S. facility.
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New Mexico's EV Mandate Supports Sustainability Amid Challenges
https://www.zacks.com/stock/news/2253239/new-mexico-s-ev-mandate-supports-sustainability-amid-challenges?cid=CS-ZC-FT-analyst_blog|industry_focus-2253239
Apr 10, 2024 - While the mandate marks progress toward sustainability, concerns related to affordability and inadequate EV charging infrastructure in rural areas persist.
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