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DLPH News and Press, Delphi Technologies PLC

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Company Name: Delphi Technologies PLC
Stock Symbol: DLPH
Market: NYSE
Website: delphi.com

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DLPH - Workhorse Group announces CEO transition

Workhorse Group (NASDAQ:WKHS), a technology company that designs and manufactures battery-electric vehicles, has appointed Richard Dauch as Chief Executive Officer and a member of the Board of Directors. Dauch will take the role on August 02, 2021 and replace Duane Hughes, who will continue a...

DLPH - Sandell Asset raises stake in Apple and gold, exits Caesars Entertainment, Maxar Technologies

In its recent 13F filing, Thomson Sandell's Sandell Asset Management reported total fund portfolio of $178.66M vs. $249.9M in its last quarterly filing.The fund initiated position in American Axle & Manufacturing Holdings (AXL); YTD, the stock has surged 42%.Fund exited Xperi Holding (XPE...

DLPH - Merger Arbitrage - Q3 2020 Ends With A Big Bang

Merger activity increased significantly last week with ten new deals announced. The merger of WPX Energy (WPX) and Devon Energy Corporation (DVN). Morgan Stanley (MS) completes the acquisition of E*TRADE Financial Corporation (ETFC). For further details see: Me...

DLPH - Merger Arbitrage Analysis And Spread Performance - October 4, 2020

Fitbit shoots higher on additional Google concessions. SINA jumps on increased offer from New Wave. Merger arbitrage cash spreads narrow as the broader market snaps losing streak. For further details see: Merger Arbitrage Analysis And Spread Performance - October 4, 2020...

DLPH - Pool Set to Join S&P 500; Neogen & Simpson Manufacturing to Join S&P MidCap 400; Others to Join S&P SmallCap 600

Pool Set to Join S&P 500; Neogen & Simpson Manufacturing to Join S&P MidCap 400; Others to Join S&P SmallCap 600 Pool Set to Join S&P 500; Neogen & Simpson Manufacturing to Join S&P MidCap 400; Others to Join S&P SmallCap 600 PR Newswire N...

DLPH - Pool moves to S&P 500; CFFN +9.6%, AGO +8.3%, NR +3.4% on index moves

Pool (POOL) is headed to the S&P 500 Index, set to replace E-Trade Financial (ETFC). Pool is currently part of the MidCap 400, and it's moving up as E-Trade is set to be acquired by Morgan Stanley. Replacing Pool in the MidCap 400 is Neogen (NEOG), and replacing Neogen in the SmallCap 600...

DLPH - BorgWarner clears another hurdle in Delphi pursuit

The European Union officially clears BorgWarner's (BWA) acquisition of Delphi Technologies (DLPH) right on the deadline of September 30. The two companies received FTC clearance on April 6 and resolved a drawdown dispute on May 6 to keep the merger on track. Analysts see the combined company ...

DLPH - EPA chief rips California's plan to ban new gas-powered cars

The Environmental Protection Agency criticizes California Gov. Newsom's plan to ban the sale of new gasoline- and diesel-powered cars after 2035, arguing the mandate is impractical and possibly illegal.California's rolling blackouts and requests for power from neighboring states "begs the que...

DLPH - Take the over on EVs - Morgan Stanley

Morgan Stanley analyst Adam Jonas says investors shouldn't overthink the inevitable growth of the EV market with global penetration only at 2% and major automakers fully committed. He notes that the EV industry is growing at a 20% CAGR through 2040, while the internal combustion energy indust...

DLPH - Power move by GM seen disrupting auto supplier sector

The ambitious plan by General Motors to build out its own EV drive system could have a negative on certain suppliers. More news on: American Axle & Manufacturing Holdings, Inc., BorgWarner Inc., Magna International Inc., Consumer stocks news, Read more ...

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