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Fintech Focus For March 4, 2021
Wednesday, March 3, 2021 - 7:59pm | 2442Read More...Quote To Start The Day: “In a multi-asset portfolio, investors can likely add up to 1% of their allocation to cryptocurrencies in order to achieve any efficiency gain in the overall risk-adjusted returns of the portfolio.” Source: JPMorgan One Big Thing In Fintech: In recent months,...
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Goldman Remains Cautious On Auto Sector, Says 'The Next Leg Is Down'
Thursday, October 6, 2016 - 11:47am | 852Read More...The U.S. auto cycle is currently held at a plateau after peaking in 2015, said Goldman Sachs analyst David Tamberrino. Increasing OEM incentives is the key reason the market has held at a plateau, according to the analyst. “We believe this environment can hold through 2017, but we see a path...
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Delphi Offers Long-Term Outlook, Reports New $1.5 Billion Buyback Plan
Wednesday, April 13, 2016 - 11:32am | 229Read More...Shares of Delphi Automotive PLC (NYSE: DLPH) gained more than 5 percent on Wednesday after the company provided investors with a long-term outlook and announced a new share buyback program. Speaking at a conference in London on Wednesday, Delphi's management said it expects its fiscal 2016...
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Credit Suisse Likes Auto Suppliers & Tesla, But Cautious On Ford & General Motors
Thursday, August 14, 2014 - 11:41am | 1445Read More...Dan Galves of Credit Suisse initiated coverage of the auto sector Wednesday. Galves research into the auto sector resulted in several key findings which actually favor the auto suppliers over the automakers. The analyst speculates that suppliers should see accelerated growth driven by global...
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AutoHarvest Plays Key Role In Ford's Inflatable Seat Belt Licensing
Thursday, May 29, 2014 - 1:41pm | 793Read More...Ford (NYSE: F) has a history of developing and later licensing technology to competitors. For that reason, Ford’s decision to offer its patented inflatable seat belts to other companies was not a huge surprise. What was not so widely known was the role played by an innovative Detroit nonprofit...
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Will Detroit Benefit From the Automotive IPO Trend?
Friday, June 3, 2011 - 11:00am | 508Read More...There's a new trend for Detroit businesses: IPOs. It began last November when Reuters reported that the beleaguered automotive corporation General Motors (NYSE: GM) had the largest IPO on record, raising over $20 billion. According to The Detroit News, Delphi intends to follow suit, as the...
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Two Years After Exiting Bankruptcy, Delphi Automotive Files for IPO
Thursday, May 26, 2011 - 6:48am | 235Read More...Delphi Automotive, a former part manufacturing company of General Motors Company (NYSE: GM), registered for its initial public offering Wednesday, with one source noting the possibility of raising more than $1 billion. The filing was registered with a $100 initial amount, but is used by companies...
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Delphi Sounding Out Banks To Go Public
Wednesday, July 21, 2010 - 9:57am | 127Read More...Upon emerging from a four year bankruptcy in October, U.S. auto parts maker Delphi, formerly a unit of General Motors, has begun sounding out banks for a potential public offering by possibly early next year, according to Reuters. The Troy, Michigan based auto parts maker could obtain success...



