Industrial

Lucid Group Surpasses Q3 Expectations Amid Record Deliveries and Growth Initiatives
November 08, 2024 07:05 PM AEDT| By Team Kalkine MediaHighlights:,Q3 Revenue Exceeds Forecasts,:,Lucid's revenue hit $200 million, slightly above projections of $198 million.,Record Deliveries Achieved,:,The company delivered 2,781 vehicles, the highest quarterly figure to date.,Liquidity and Expansion...

Serco Faces Contract Loss and Higher Costs Amid UK Budget Challenges
November 08, 2024 07:00 PM AEDT| By Team Kalkine MediaHighlights:,Contract Loss in Australia,:,Serco loses a significant Australian immigration contract it has held since 2009, affecting revenue projections for 2025.,Impact of UK Budget,:,The company,anticipates,an,additional,£20 million in,labour,costs...

Begbies Traynor Finalizes Share Buyback Initiative
November 08, 2024 06:53 PM AEDT| By Team Kalkine MediaHighlights:,Begbies Traynor Group has completed its share repurchase program, acquiring 183,291 ordinary shares on the London Stock Exchange.,The repurchased shares will be held in treasury, reducing the number of shares in circulation to 157,939,044...

Rolls-Royce Share Price Examined by Industry Experts
November 08, 2024 06:38 PM AEDT| By Team Kalkine MediaHighlights:,Rolls-Royce share price has risen 148% over the past 12 months, driven by strong financial improvements.,Analysts are optimistic about the company's long-term growth potential, supported by key divisions like civil aerospace and defense.,...

Bentley Delays Full Transition to Electric Vehicles Amid Low Demand from Existing Customers
November 08, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Delayed Electric Rollout,: Bentley has postponed its plan for an all-electric vehicle line-up until 2035, citing limited demand from current customers.,Continued Hybrid Focus,: The luxury carmaker will continue selling petrol-electric hyb...

Wizz Air Faces Profit Decline Amid Pratt & Whitney Engine Groundings, Aims for Recovery
November 07, 2024 11:41 PM AEDT| By Team Kalkine MediaHighlights:,Profit Impact,: First-half operating profit dropped by 33.2%, with a 5.9% decline in adjusted pre-tax earnings due to Pratt & Whitney engine groundings.,Operational Challenges,: Around 41 aircraft were grounded as of September, with ongoi...

Rolls-Royce Reaffirms Strong Full-Year Outlook Amid High Demand and Supply Chain Progress
November 07, 2024 09:00 PM AEDT| By Team Kalkine MediaHighlights:,Resilient Performance,:,Rolls-Royce upholds profit and cash flow targets despite supply chain challenges.,Increased Demand,:,Defence,and aerospace sectors show robust demand; engine flight hours surpass pre-pandemic levels.,Strategic Tran...

Eurocell Strengthens Share Buyback Programme
November 07, 2024 08:09 PM AEDT| By Team Kalkine MediaHighlights:,Eurocell plc repurchased 17,926 of its ordinary shares as part of its ongoing share buyback program.,The transaction was conducted on the London Stock Exchange, with a volume-weighted average price of 183.69 pence per share.,Following the...

Rolls-Royce Confirms Confidence in Reaching Set Guidance
November 07, 2024 06:55 PM AEDT| By Team Kalkine MediaHighlights:,Rolls-Royce maintains its profit growth guidance for the year.,The company faces ongoing supply chain challenges, leading to delays in parts.,Rolls-Royce remains confident in achieving its financial targets despite current obstacles.,Roll...
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Persimmon Sees Recovery in Housing Demand Amid Rising Costs and Regulatory Pressures
November 07, 2024 08:28 AM AEDT| By Team Kalkine MediaHighlights:,Demand Recovery Continues:,Housing demand rebounds, with orders up by 17% year-over-year.,Steady Sales Growth:,Sales per outlet rise to 0.7 from 0.51, supported by strong visitor numbers and inquiries.,Rising Costs and Budget Impact:,Cost...

BMW Faces Technical Challenges, Lower Chinese Demand, Eyes Q4 Rebound
November 07, 2024 08:24 AM AEDT| By Team Kalkine MediaHighlights:,Third-Quarter Revenue Impacted:,BMW’s Q3 revenue fell by 15.7% due to technical issues with its Integrated Braking System and reduced demand in China.,Significant Recall and Profit Warning:,Over 1.5 million vehicles were recalled, prompti...

Surface Transforms Faces Leadership Shift and Cash Challenges Amid Strategic Review
November 07, 2024 08:22 AM AEDT| By Team Kalkine MediaHighlights:,Leadership Transition:,Chairman Andrew Kitchingman resigns unexpectedly, just two months after taking on the role.,Interim Focus on Cash Management:,Interim Chairman Ian Cleminson outlines priorities in operational improvement and stringe...
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Tesla Shares Surge on Trump Win, Anticipated Favorable EV Regulations
November 07, 2024 08:16 AM AEDT| By Team Kalkine MediaHighlights:,Tesla Shares Rise 14% Pre-Market:,Tesla’s stock gains over 14% in pre-market trading following Trump’s election victory, adding significant value to the EV maker’s market cap.,Musk’s Support for Trump Sparks Investor Optimism:,Elon Musk’s...

Avon Technologies Executives Acquire Shares, Strengthening Investor Confidence
November 06, 2024 09:22 PM AEDT| By Team Kalkine MediaHighlights:,Avon Technologies announces share purchases by key executives through Share Incentive Plan.,CEO, CFO, and Company Secretary involved in the acquisition of shares.,Transactions took place on the London Stock Exchange at GBP 12.49 per share...
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US Markets Surge as Trump Wins Second Term, Boosting Tesla, Banking, and Energy Stocks
November 06, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Trump Victory Sparks Market Rally:,The S&P 500 futures rose 2.2%, with major gains in Tesla, banking, energy, and defense stocks following Trump's re-election.,Tesla Surges on Support from Trump:,Tesla saw a 14% pre-market rise, fueled by...

Rolls-Royce, BAE among most exposed to tariffs if Trump wins election
November 06, 2024 03:30 AM AEDT| By Team Kalkine MediaHighlights:,Rolls-Royce and BAE Systems Vulnerable to Trade Policies:,A potential Trump win poses risks for UK companies with significant US exposure, especially Rolls-Royce and BAE Systems.,Proposed Universal Tariffs Threaten UK Export Growth:,Trump...

Ferrari Q3 Shows Strong Revenue Growth and New Initiatives Despite Lower Shipments
November 06, 2024 12:26 AM AEDT| By Team Kalkine MediaHighlights:,Revenue Growth Despite Shipment Decline:,Ferrari’s Q3 revenue rose 6.5% to €1.6 billion, with a 2.2% drop in shipments.,Positive Performance Across Most Regions:,Shipment growth in Europe, the Middle East, and Asia, while demand in China...

Grafton Group Moves Forward with Increased Share Repurchases
November 05, 2024 07:36 PM AEDT| By Team Kalkine MediaHighlights:,Grafton Group repurchases 35,000 shares as part of a £30 million share buyback program.,The repurchase is part of an ongoing strategy to return capital to shareholders.,Grafton has already repurchased over 1.6 million shares since the pro...

Strategic initiatives have been implemented by Rolls-Royce to enhance operational efficiency
November 04, 2024 08:29 PM AEDT| By Team Kalkine MediaHighlights,Rolls-Royce shares have risen over 80% since January, currently trading around 538p.,The upcoming trading update on November 7 may influence share performance, particularly if it exceeds market expectations.,While many analysts maintain a...

Strategic initiatives have been rolled out by Costain to foster collaboration across sectors
November 04, 2024 07:25 PM AEDT| By Team Kalkine MediaHighlights,Continuation of Share Buyback Program,: Costain Group PLC has purchased 55,424 ordinary shares on the London Stock Exchange as part of its ongoing share buyback initiative.,Total Shares Acquired,: With this latest acquisition, the total nu...
AI on the Rise: A Look at Top AI Companies and Their Stocks