Tuesday Ticker: November 2, 2021
Toronto, Ontario — This week, Uber outperforms lift in the immediate aftermath of pandemic lockdowns; automakers announce Q3 losses across the board and Tesla CEO Elon Musk looks to solve world hunger with the UN’s assistance. Do you even Lyft? Market analysts say that Uber is outperforming Lyft as ridesharing ramps up from pandemic lows. […]
Autumn Blues: PPG expects Q3 sales volumes to drop between $225 million to $275 million
Toronto, Ontario — Automotive paint manufacturer PPG reported on Tuesday that the company expects third quarter sales volumes to drop between US$225 million to US$275 million, compared to the coatings company’s predictions at the start of the third quarter. PPG attributes this projected drop in sales to ongoing challenges in the manufacturing supply chain, such […]
Collision sector posts strong Q3 numbers: ‘Effects of crash avoidance systems overblown,’ says analyst
By Jeff Sanford Toronto, Ontario — November 2, 2015 — It’s earnings season again. Companies in the collision repair sector are reporting extremely solid results. Quebec-based Uni-Select announced that it managed to ring up a strong $276.2 million in sales. This is up 4.0 percent from the same period last year. Earnings (on an EBITDA […]