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Baird Expects Methode Electronics Growth To Accelerate, Says Buy On Pullbacks
Friday, September 2, 2016 - 2:35pm | 353Baird Equity Research advised investors of Methode Electronics Inc. (NYSE: MEI) to buy the stock on pull backs citing that the growth pace would accelerate. The comments come on the heels of the company reporting its earnings beat while reaffirming its EPS forecast for the fiscal year 2017....
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Will Volkswagen Ever Come Out From Under Its Emissions Scandal?
Wednesday, February 3, 2016 - 2:24pm | 400On Tuesday, German carmaker Volkswagen AG (ADR)(OTC: VLKAY) reported lackluster results, as the company continued to struggle with last year's emissions scandal. U.S. sales fell 14.6 percent, and almost all of the company's car models saw year-over-year sales decline. However, although the diesel...
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Why Timing Could Be Right For A Nissan-Renault Merger
Thursday, November 5, 2015 - 1:22pm | 409Dominic O'Brien of Exane BNP Paribas commented in a note that "the stars may finally be aligning" for a full merger of RENAULT SA REGIE NAT (OTC: RNSDF) and Nissan Motor Co Ltd (ADR) (OTC: NSANY). O'Brien noted that reports from media sources suggest the French government...
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Several Firms Could Benefit from Easing Restrictions with Iran
Monday, November 25, 2013 - 3:15pm | 275In a historic move, the U.S. and its European Union partners reached an accord to ease restrictions of cars, petrochemicals, aviation parts, gold and insurance for oil cargoes with Iran. In exchange, Iran will terminate some of its work on uranium enrichment for six months. Prior to the agreement...
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News Corporation in Hot Water over Hacking of Murdered Teen's Phone
Wednesday, July 6, 2011 - 8:02am | 456Rupert Murdoch's News Corporation (Nasdaq: NWS) (Nasdaq: NWSA) is at the center of a scandal that has engulfed the United Kingdom and threatens to derail the company's attempt to acquire British Sky Broadcasting Group, also known as BSkyB. News Corporation is under fire because of allegations that...
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Credit Suisse Estimates and PT Changes
Wednesday, May 25, 2011 - 7:41am | 305In a research report published today, Credit Suisse made a number of estimates and price target changes. Renault (RNO) saw a change in estimates forecast for Nissan. In the report, Credit Suisse states, "Nissan's improving balance sheet should allow it to step up dividend payments given the...
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Nissan – Daimler (DAI) Alliance will Save Billions – Sources Say
Monday, April 5, 2010 - 11:07am | 309Last month it was reported that Renault SA, Nissan Motor Co. and Daimler AG (NYSE: DAI) were entering a cross shareholder agreement to hold less than 5% stock in each other’s company. Today, Bloomberg is reporting that Renault SA, Nissan Motor Co. and Daimler AG expect to save “billions of euros...