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Gainers: Cassava Sciences (NASDAQ: SAVA ) +37% . More news on: Cassava Sciences, Inc., Westport Fuel Systems Inc., Renren Inc., Stocks on the move, , Read more ...
Garret Motion (NYSE: GTX ) considers bankruptcy filing as tensions rise with former parent Honeywell International over asbestos injury payments that includes over $1B liability and and payouts to victims. Filing could be processed within weeks, people familiar with the matter note....
Garrett Motion ( GTX -20.4% ) is preparing for a possible bankruptcy filing within weeks, WSJ reports, as tensions rise with former parent Honeywell ( HON +0.1% ) over asbestos injury payments and as sales have slumped during the pandemic. More news on: Garrett Motion Inc., Hon...
Gainers: PolyMet Mining (NYSEMKT: PLM ) +83% . More news on: PolyMet Mining Corp., VivoPower International PLC, FBL Financial Group, Inc., Stocks on the move, , Read more ...
Shares of Garrett Motion (NYSE: GTX) were up more than 30% as of 2:10 p.m. EDT today, while the S&P 500 index was dropping by almost 3.5%. The stock has been volatile as it battles with former parent Honeywell (NYSE: HON) over potential liability payments. Continue readi...
Do You Agree With Analysts’ Ratings On These Penny Stocks? Do you need penny stocks to have good analysts rating in order to buy them? While some rely on them when it comes to investing, the day-to-day trends usually aren’t reflective of analyst opinions. What I mean by this is...
Gainers: Shiloh Industries (NASDAQ: SHLO ) +120% . More news on: Shiloh Industries, Inc., India Globalization Capital, Inc., FTS International, Inc., Stocks on the move, , Read more ...
Gainers: Aimmune Therapeutics (NASDAQ: AIMT ) +171% . More news on: Aimmune Therapeutics, Inc., Akcea Therapeutics, Inc., Genworth Financial, Inc., Stocks on the move, Read more ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . Stocks wrapped up another strong week on a high note, as the Federal Reserve’s new, more tolerant approach to inflation rippled t...
For Honeywell ( HON ) shareholders, there was almost no downside to the spin-off of Garrett Motion ( GTX ), as it eliminated a highly cyclical business and allowed the company to offload asbestos liabilities tied to the Bendix brake business. It wasn’t such a great thing for Garrett...
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ZEELAND, Mich., July 26, 2024 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection technologies, today reported financial results for the three and six months ended June 30, 2024. 2nd Qua...
2024-07-25 12:23:34 ET Autoparts manufacturer Garrett Motion (NASDAQ: GTX) reported mixed quarterly results and lowered full-year revenue guidance. Investors are slamming on the brakes, sending Garrett shares down 13% as of 11 a.m. ET. Garrett is a leading supplier of turbocharg...
Second Quarter 2024 Highlights Net sales totaled $890 million, down 12% on a reported basis and down 10% at constant currency* Net income totaled $64 million; Net income margin of 7.2% Adjusted EBITDA* totaled $150 million; Adjusted EBITDA margin* of 16.9% ...