Auto parts supplier Magna International missed analysts' estimates for second-quarter results on Friday, hurt by production being stopped for certain...
- Auto parts supplier Magna International missed analysts' estimates for second-quarter results on Friday, hurt by production being stopped for certain vehicles and lower volumes of automobiles that it assembled.
Rival Aptiv beat Wall Street expectations for quarterly profit on Thursday. However, revenue from the company's segment which makes electrical components declined 3% due to a reduction in production by some customers. On an adjusted basis, the company earned $1.35 per share in the second quarter ending June, compared with estimates of $1.44, according to LSEG data.
Katie Ledecky advanced to the finals of the women's 800-meter freestyle Friday at the Paris Olympics with a chance to make even more history. With a victory, Ledecky would join fellow American Michael Phelps as the only swimmers — of any gender and from any country — to win four gold medals in the same event. Ledecky had the fastest time in the morning heats and will swim the 800 final Friday night, when she will be an overwhemling favorite for gold.
Capital Product Partners L.P. Announces Approval of Corporate Conversion and Name Change as It Continues Its Strategic Pivot to The LNG and Energy Transition Business
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Laurentian monitoring after 2011 honorary doc recipient accused of sex assaultAuto parts giant Magna founder Frank Stronach facing multiple charges dating as far back as the 1970s
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