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2023-08-16 07:00:00 ET Summary Alphabet/Google's revenue and stock performance suffered last year, but the company has implemented cost cuts and seen a revival in advertising revenue. Google Search remains dominant despite concerns about competition from ChatGPT. Google's grow...
2023-08-13 04:19:11 ET Summary Manufacturing activity is slowing down, but the need for freight and trucks is forecasted to grow in the long term. Daimler Truck has been performing well with increasing margins and record revenues, making it a strong contender in the industry. ...
2023-08-07 03:00:33 ET More on Daimler Truck Daimler Truck: Supportive Capital Market Day, Buy Reiterated Daimler Truck announces guidance boost, buyback plans at Capital Market Day Daimler kickstarts production of new electric truck Daimler Truck CEO warns o...
2023-07-20 05:47:00 ET Summary Third Avenue Management is a New York City-based asset manager founded in 1986 that utilizes a disciplined, value-oriented, and asset-based approach to investing in publicly traded securities. For the three months ended June 30th, 2023, the Third Ave...
2023-07-14 09:51:01 ET Summary Paccar, up 66% over the past year, is among a group of hot truck manufacturing stocks whose prices have boomed along with sales and profits. As great as this momentum has been for investors, Paccar might be running too hot and is looking overvalued. ...
2023-07-12 01:37:08 ET Summary Daimler upgraded its 2023 guidance following strong Q2 sales, expecting to increase turnover by 10-14% to €56-58 billion. It also declared a new €2 billion share buyback program. The company is on track to reduce R&D costs by 15% by...
2023-06-13 10:47:54 ET Summary Toyota keeps BEV developments at arms length from Toyota brand through planned complex Japanese partnership in trucking (with Daimler Trucking) and “last mile” commercial vehicles (with Suzuki and Daihatsu). US Toyota bZ4X owners get fr...
2023-06-01 11:25:27 ET Summary Nikola and Iveco have ended their joint venture, with Iveco taking full ownership of the European operations and both companies continuing as regional players. Iveco will record a $44 million loss for this. Iveco needs to strengthen its electrifi...
2023-05-21 02:07:20 ET Summary Daimler Truck is on its way to achieving double-digit margins. It is the market leader in heavy-duty truck sales in North America. It is initiating a dividend which is supported by healthy cash flow generation. Introduction The truck ma...
2023-05-12 07:27:08 ET Daimler Truck Holding AG (DTRUY) Q1 2023 Earnings Conference Call May 09, 2023, 02:00 AM ET Company Participants Christian Herrmann - Head IR and M&A Jochen Goetz - CFO Jorg Howe - Head, Global Communications Conference Call Parti...