Tuesday Ticker: Boyd Group announces Q1 cash dividend, Magna feels effects of rising interest rates
Toronto, Ontario — In this weekly Tuesday Ticker, Boyd Group announces a cash dividend for the first quarter of 2023 and rising interest rates, among other macroeconomic factors, put strain on Magna stocks. Betting on Boyd Boyd Group announced Friday a cash dividend for the first quarter of 2023 of $0.147 per common share. The […]
Tuesday Ticker: Software setbacks for Tesla and promising prospects for GM
Toronto, Ontario — In this week’s auto industry roundup, software troubles with nearly 80,000 models in China are causing Tesla prices to dip further, while General Motors appears to be on the upswing with several new model launches on the way. One Step Forward, One Step Back Tesla’s stock price was dealt yet another blow […]
Cash Back: AutoCanada to buy back $100M of shares from investors
Edmonton, Alberta — On June 28, AutoCanada announced its intent to purchase up to $100 million in shares from its shareholders via a ‘modified Dutch auction,’ with shares for sale between $22 and $25 per share. The company advises shareholders to obtain up-to-date quotes for market prices of the shares, prior to tendering an offer. […]
Bright Idea: Craftsman Collision to offer ‘fix now, pay later’ through partnership with PayBright
Toronto, Ontario — Craftsman Collision is giving customers a new way to pay through a new partnership with PayBright. PayBright employs a “buy now, pay later” concept as its model, where customers can select “PayBright as a payment method…finalize their auto body repair payment in a matter of seconds and pay for their purchases in […]
Tuesday Ticker: August 10, 2021
Toronto, Ontario — This week, Uni-Select reports its second-quarter financial results, Toyota Canada claims record-breaking July sales numbers and U.S. President Joe Biden says he plans for 50 percent of the nation’s new vehicle sales to be electric. Uni-Select says up, up and away Uni-Select reported its second-quarter financial results last week, reporting “strong market […]
Tuesday Ticker: May 18, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, Tesla waves ta-ta to Bitcoin transactions, Stellantis sets a ten-year timeline for its 14 OEM brands to prove their power (or else) and DesRosiers Automotive Consultants President sells his remaining shares of the company. Tesla says bye-bye, Bitcoin Tesla has suspended its acceptance of Bitcoin payments for […]
Ford’s Figures: Ford to release Q1 earnings on April 28, followed by conference call
Dearborn, Michigan — Mark your calendars and get your calculators out, Ford has picked a date for its Q1 earnings conference call. Ford president and CEO Jim Farley will be releasing the numbers from this fiscal year’s first quarter at 4:05 p.m. EST on April 28. Immediately following that, at 5 p.m Farley, along with […]