DLPH News and Press, Delphi Technologies PLC From 05/11/20

Merger activity increased last week with three new deals announced, four deals closing and one deal terminated. After a three-week lull, merger activity picked up again with three new deals announced. The hard-hit energy services industry saw the merger of KLX Energy Services Holdings (KLX...

BorgWarner ( BWA ) shares have already recouped some of the panic-selling declines, but the shares continue to trade well below what I believe to be a fair long-term assessment of the company’s value, with or without the Delphi ( DLPH ) deal. The process of getting auto production b...

A social media posting by the China Association of Automobile Manufacturers reported a 1% in auto sales in China during April to 1.98M vehicles. The modest growth follows a bruising 43% drop in unit sales during Q1. More news on: Ford Motor Company, NIO Limited, Great Wall Motor Company ...

Delphi Technologies (NYSE: DLPH ): Q1 Non-GAAP EPS of $0.22 beats by $0.31 ; GAAP EPS of -$0.66 misses by $0.25 . Revenue of $945M (-17.8% Y/Y) beats by $86.25M . Press Release More news on: Delphi Technologies PLC, Earnings news and commentary, Consumer stocks news,

LONDON , May 6, 2020 /PRNewswire/ -- Delphi Technologies PLC (NYSE: DLPH) ("Delphi Technologies" or the "Company") today announced financial results for its first quarter 2020. Q1 2020 results Q1 2020 Revenue of $945 million decreased 18% percent from Q1 2019. Adjus...

Shares of Delphi Technologies (NYSE: DLPH) , a leading global supplier of products and solutions to the automotive and commercial vehicle market, jumped 15% Wednesday morning after the company reached an agreement with BorgWarner (NYSE: BWA) to amend terms of their buyout deal. Investors...

BorgWarner ( BWA +1.9% ) and Delphi Technologies ( DLPH +13.3% ) are both higher after the companies resolve their drawdown dispute to put the merger back on track. More news on: BorgWarner Inc., Delphi Technologies PLC, Consumer stocks news, Stocks on the move, Read more ...

CPS Technologies (NASDAQ: CPSH ) +71%  on Q1 results . More news on: CPS Technologies Corporation, Medigus Ltd., Predictive Oncology Inc., Stocks on the move, , Read more ...

AUBURN HILLS, Mich. and LONDON , May 6, 2020 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) and Delphi Technologies PLC (NYSE: DLPH) today announced that the companies have amended certain terms of the definitive transaction agreement they originally entered into on January 28, 2020 unde...

Investment Thesis Delphi Technologies ( DLPH ) finished its 2019 with a declining top and bottom line. The recent outbreak of COVID-19 is expected to significantly lower the demand for its products in 2020 and 2021. Its merger with BorgWarner ( BWA ) may need to be renegotiated due to the sh...