April 25, 2023 10:55 pm
Ford Motor Co. (NYSE:F) scheduled to start agreement talks with the United Auto Workers union in two weeks, aims to move production of two small cars outside of the U.S. from a Michigan factory, as per reported to a person familiar with the matter. The shift will happen in 2018, […]
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8:15 pm
LKQ Corp. (NASDAQ:LKQ) released that it signed a contract to purchase Coast Distribution Systems, a distributor of replacement parts, supplies as well as accessories for recreational vehicles, for $5.50 a share in cash or around $29M. The combination would result in distribution as well as logistics synergies as per the […]
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12:33 pm
Citigroup cut its its rating on shares of Netflix, Inc. (NASDAQ:NFLX) to “Neutral” from “Buy” and Societe Generale downgraded the stock to “Sell” from “Buy.” The activist investor Carl Icahn also declared that he has sold his remaining stake in Netflix. Netflix gapped open lower Thursday and fell during the first […]
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