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First-day trading of Tata Technologies shares will boost the hot Indian IPO market
India's busy IPO market will be boosted by the listing of Tata Technologies Ltd. in Mumbai on Thursday, becoming the first company under the conglomerate Tata to go public since 2004. Tata Technologies raised 3.4 billion rupees (US$365 million) through an IPO, and the issue price is 500 rupees, which is at the upper end of the issuance price guidance range. With the influx of investors, demand is about 69 times higher than the volume of shares issued. Tata Technologies is the parent company of luxury car manufacturer Jaguar Land Rover
Deluxe to Webcast Upcoming Investor Day Activities
Deluxe (NYSE:DLX), a Trusted Payments and Data company, will be hosting an Investor Day presentation at the Lotte New York Palace hotel located at 455 Madison Avenue on Tuesday, December 5 beginning at 8:00am
EXCLUSIVE | Great Wall Motor's Full Expansion into Europe: Has the R&D Center Site Selection Begun to Target BBA Luxury Brands?
Sina Technology News On the morning of November 27, Sina Technology learned from people familiar with the matter that Great Wall Motor is planning to fully enter the European market. After the German and British markets, Great Wall Motor plans to further expand into eight new European markets. Currently, Chinese car companies are in full swing going overseas, but expanding into the European market is relatively complicated. The first is policy factors. In September of this year, the European Commission announced the official launch of a countervailing investigation against electric vehicles imported from China; second, the European market is the base for luxury brands such as BBA. Users demand high high-end experience, and market competition is intense, so it is not easy to gain a foothold. Opposition against the European Union
Weipai Gaoshan series unveiled at Guangzhou Auto Show, Takayama four-wheel drive executive extended version officially released
Sina Technology News November 18 at noon, the 2023 Guangzhou Auto Show officially opened on the 17th. Weipai New Energy unveiled its high-end intelligent six/seven-seater dual flagships, Alpine and Blue Mountain, and unveiled an extended version of the Alpine four-wheel drive administration at the auto show. The new new MPV exclusive platform built by Weipai covers various new energy power systems such as PHEVs and BEVs. It is compatible with flexible adjustments with a vehicle length of 4900-5500mm, covering B, C, and D class MPV models. It is perfectly suited to the flat floor, two- and three-row ultra-long common rail design, all-aluminum five-link suspension, and high-efficiency electric four-wheel drive hybrid architecture. Structured on this platform
First electric shock! BMW's all-electric sedan i5 unveiled with a range of over 700 kilometers
Sina Technology News At noon on November 17, the Guangzhou Auto Show opened today. The new BMW 5 Series long wheelbase model and the all-electric BMW i5 were unveiled for the first time and put into production in January next year. At the same time, the new BMW X2 and the new BMW X2 M35i will also be unveiled simultaneously. The body size of the new BMW 5 Series long wheelbase version exceeds that of the past, with a length of 5175 mm and a wheelbase of 3105 mm. The rear row is equipped with a huge BMW suspended screen, showing a strong sense of luxury. The body uses a coupe-style shape, breaking through the traditional design paradigm of medium to large luxury sedans. BMW 5 Series long wheelbase version at the same time
China Galaxy Securities: Maintaining the Ideal Car-W “Recommended” Rating, Q4 Pure Electric and Smart Driving Layouts Add New Highlights
According to a research report released by China Galaxy Securities, maintaining the Ideal Automobile-W (02015) “Recommended” rating, the 2023-25 operating income is estimated to be 1181.80/2024.15/271,859 billion yuan, and net profit of 72.29/125.52/18.509 billion yuan. The company released its financial report for the third quarter of 2023. In the first three quarters, the company achieved operating income of 82.119 billion yuan, +197.14% over the same period last year, and achieved net profit of 6.046 billion yuan, significantly reversing losses over the previous year. In a single quarter in Q3, the company achieved revenue of 34.679 billion yuan, +2 year-on-year
Ideal Auto Executive Interprets Q3 Financial Report: Leading Intelligent Driving Will Be the Core Strategic Goal
Ideal Auto (NASDAQ: LI; HKEX: 2015) released financial results for the third quarter of 2023 ending September 30: Revenue was 34.68 billion yuan, up 271.2% year on year and 21% month on month. Net profit was $2.81 billion, while net loss for the third quarter of 2022 was $1.65 billion, up 21.8% from net profit of $2.31 billion in the second quarter of 2023. Non-GAAP net profit was $3.47 billion, while net loss for the third quarter of 2022 was $1.24 billion, and net profit for the second quarter of 2023 was $2.73 billion
Soochow Securities: Maintaining Ideal Automobile-W “Buy” Rating with a Target Price of HK$339
According to a research report released by Dongwu Securities, maintaining the Ideal Automobile-W (02015) “buy” rating, the 2023-2025 revenue forecast is 1191/2144/327.4 billion yuan, and net profit is 89/224/40.7 billion yuan. Considering that the company will enter a new round of new car cycles, the upward trend in sales is strong, maintaining a target PE of 30 times in 2024, with a target price of HK$339. In October, the company delivered a total of 40,422 new vehicles. The monthly delivery volume exceeded the 40,000 mark for the first time, +302.1% year-on-year and +12.1% year-on-month. So far, the cumulative delivery volume in 2023 has been reached
Why Deluxe Corporation (NYSE:DLX) Could Be Worth Watching
While Deluxe Corporation (NYSE:DLX) might not be the most widely known stock at the moment, it saw a decent share price growth in the teens level on the NYSE over the last few months. Less-cove
Deluxe (NYSE:DLX) Will Pay A Dividend Of $0.30
Direct access to the blog: Unity China announced the release of the Solidarity Engine Vehicle Kit to support 3D map navigation
On the afternoon of November 6, Sina reported that the 6th China International Import Expo will be held in Shanghai from November 5 to 10, 2023. During this period, the real-time 3D content creation and operation platform Unity announced the release of a new product “Unity Engine Vehicle Kit”. Relying on Unity's smart cockpit development experience, many cutting-edge technical capabilities have been integrated into development templates to help car companies quickly create intelligent cockpit applications with comprehensive functions and stable operation. This past October, smart cars including Mercedes-Benz's long-wheelbase E-Class and Jikyue 01 were unveiled one after another. In the smart cockpit of these models,
Deluxe To Go Ex-Dividend On November 17th, 2023 With 0.3 USD Dividend Per Share
November 3rd - $Deluxe(DLX.US)$ is trading ex-dividend on November 17th, 2023. Shareholders of record on November 20th, 2023 will receive 0.3 USD dividend per share on December 4th, 2023. The ex-d
Musk and the British Prime Minister discuss artificial intelligence: AI may become a good friend of humanity
In an extensive conversation with British Prime Minister Sunak on Thursday, billionaire entrepreneur Elon Musk described artificial intelligence as “the most disruptive force in history”. Despite the risk of getting out of control, it is generally “a force for good,” and may become a “good friend” of humanity, especially for people like his son who have trouble communicating in the real world. Sunak interviewed Musk on a small stage in a gilded room at London's Lancaster Palace. He was a star guest at the two-day Artificial Intelligence Summit in the UK. Lancaster Palace is one of the most luxurious sites of the British government and is often used for diplomacy
Ferrari once again raised its performance target because customers prefer high-priced personalized sports cars
On November 2, Beijing time, Ferrari announced financial results on Thursday. Its third-quarter profit increased 46% year over year as its wealthy customers continued to choose expensive “personalization” options for their new cars. As in the previous quarter, after announcing its results, Ferrari once again raised its full-year performance guidelines. Ferrari currently expects revenue of about 5.9 billion euros (6.3 billion US dollars) in fiscal year 2023, profit per share of at least 6.55 euros, and an adjusted profit margin before interest and tax of at least 26.5%. In August of this year, the luxury car manufacturer gave investors performance guidelines: Annual revenue was about 5.8 billion euros.
Deluxe Declares $0.30 Dividend
Deluxe Non-GAAP EPS of $0.79 Beats by $0.05, Revenue of $537.8M In-line
Deluxe Q3 Adj EPS $0.79 Beats $0.74 Estimate, Sales $537.80M Beat $537.43M Estimate
Deluxe (NYSE:DLX) reported quarterly adjusted earnings of $0.79 per share which beat the analyst consensus estimate of $0.74 by 6.76 percent. This is a 20.2 percent decrease over earnings of $0.99 per
Deluxe Q3 2023 Earnings Preview
Notable Earnings Before Thursday's Open
Aston Martin's third-quarter operating loss exceeded expectations
British luxury car manufacturer Aston Martin announced a third-quarter loss that exceeded expectations on Wednesday. Due to production issues with the new DB12 sports car, it also lowered sales expectations for this model in 2023. Aston Martin began delivering the next generation sports car DB12 last quarter. Currently, its sales volume is expected to reach 6,700 units in 2023, which is lower than the previous forecast of about 7,000 units. The company said in a statement: “Given the initial delay of DB12 in the third quarter and this impact limited production capacity throughout the year, we have slightly updated our fiscal year production outlook.” This one in London