Restarting Ford: Company Hosts Media Briefing on How It Plans to Return to Work
DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company’s (NYSE: F) Chief Operating Officer Jim Farley, Chief Human Resources Officer Kiersten Robinson, and Chief Manufacturing and Labor Affairs Officer Gary Johnson will host a news webcast at noon EDT Thursday. They will describe Ford’s approach to health and safety in preparation for employees’ return to manufacturing and office facilities. […]
United Rentals Provides Update on Business Response to COVID-19
Announces First Quarter 2020 Results and Withdraws Full-Year Guidance STAMFORD, Conn.–(BUSINESS WIRE)–United Rentals, Inc. (NYSE: URI) today provided an update on the company’s response to the ongoing coronavirus pandemic (“COVID-19”) and announced financial results for the first quarter of 2020. Update on Business Response to COVID-19 Prior to mid-March, the company’s first quarter performance was […]
CORRECTING and REPLACING GRAPHIC NXP, Infineon, Renesas, Texas Instruments and STMicroelectronics Hold on to Top Five, Says Strategy Analytics
Automotive semiconductor vendor shares 2019 BOSTON–(BUSINESS WIRE)–Please replace the graphic with the accompanying corrected graphic. The release reads: NXP, INFINEON, RENESAS, TEXAS INSTRUMENTS AND STMICROELECTRONICS HOLD ON TO TOP FIVE, SAYS STRATEGY ANALYTICS Automotive semiconductor vendor shares 2019 NXP, Infineon, Renesas, Texas Instruments and STMicroelectronics maintained their positions in the top five of Strategy Analytics’ […]
Textron Declares Quarterly Dividend
PROVIDENCE, R.I.–(BUSINESS WIRE)–The Board of Directors of Textron Inc. (NYSE:TXT) today declared a quarterly dividend of $0.02 per share on the company’s Common Stock. All dividends will be paid on July 1, 2020 to shareholders of record as of June 12, 2020. About Textron Inc. Textron Inc. is a multi-industry company that leverages its global […]
COVID-19 to Wipe Billions from Automotive Electronics Market through 2026, says Strategy Analytics
2020 Growth Prospects Outside of ADAS and HEV/EV Applications Will Be Grim BOSTON–(BUSINESS WIRE)–The latest Strategy Analytics assessment of the market for automotive electronics systems finds that overall demand will plunge at least 8% in 2020, with falls of up to 15% over 2019 levels possible if recovery does not begin soon. The Strategy Analytics […]
J.D. Power Empowers Online Car Shoppers with Voice of the Customer Website
Savvy Vehicle Shoppers Can Find Unique Information, Incentive Info at JDPower.com TROY, Mich.–(BUSINESS WIRE)–Although many Americans are keeping their cars parked while observing stay-at-home directives, some are still in need of a new vehicle to get them back on the road once those orders are lifted. Whether approaching the end of a lease, upgrading a […]
Ryder Reports First Quarter 2020 Results; Solid Liquidity Position Enhanced with Recent Financing Transactions and Improved Free Cash Flow
First Quarter 2020 Q1 total revenue of $2.2 billion, down 1%; Q1 operating revenue (non-GAAP) of $1.8 billion, up 1% Q1 GAAP EPS from continuing operations loss of $(2.09) versus a profit of $0.87 in prior year, reflects the impacts of previously announced change in residual value estimates and COVID-19 Q1 comparable EPS (non-GAAP) from […]
Facedrive Launches ‘Foods’ Delivery Platform for Safe Community Cohesion in the COVID-19 Pandemic
TORONTO–(BUSINESS WIRE)–#FDGiveback—Facedrive Inc. (“Facedrive”) (TSXV: FD), the first Canadian peer-to-peer, eco-friendly and socially responsible ride-sharing network, is pleased to announce the launch of Facedrive Foods, an initiative to connect residents and local restaurant businesses during the COVID-19 pandemic. Facedrive Foods will first launch pilot programs in the Greater Toronto Area, and London, Ontario, in the […]
Sonic Automotive Reports 1st Quarter 2020 Results With All-Time Record EchoPark Revenue And Unit Sales
Strengthens Balance Sheet and Liquidity CHARLOTTE, N.C.–(BUSINESS WIRE)–Sonic Automotive Inc. (“Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the first quarter ended March 31, 2020. The Company also provided a business update regarding the effects of the COVID-19 pandemic, and the actions Sonic is taking to […]
Garmin reports strong revenue and operating income growth for first quarter 2020; withdraws fiscal 2020 guidance due to COVID-19 economic uncertainty
SCHAFFHAUSEN, Switzerland–(BUSINESS WIRE)–Garmin Ltd. (Nasdaq: GRMN – News) today announced results for the first quarter ended March 28, 2020. Highlights for first quarter 2020 include: Total revenue of $856 million, a 12% increase, with fitness, marine, outdoor and aviation collectively increasing 17% over the prior year quarter Gross margin of 59.2% compared to 59.0% in […]
