J.D. Power & LMC Automotive U.S. Automotive Forecast for February 2023
Total New-Vehicle Sales Increase as Availability Improves; Consumer Spending on New Vehicles Sets February Record TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Total Sales Forecast Total new-vehicle sales for February 2023, including retail and non-retail transactions, are projected to reach 1,117,100 units, a 7.2% increase from February 2022 according to a joint forecast from J.D. Power and […]
Graham Holdings Company Reports 2022 and Fourth Quarter Earnings
ARLINGTON, Va.–(BUSINESS WIRE)–Graham Holdings Company (NYSE: GHC) today reported net income attributable to common shares of $67.1 million ($13.79 per share) for the year ended December 31, 2022, compared to $352.1 million ($70.45 per share) for the year ended December 31, 2021. For the fourth quarter of 2022, the Company reported net income attributable to […]
Bird Announces Fourth Quarter and Full Year 2022 Earnings Release Date
MIAMI–(BUSINESS WIRE)–Bird Global, Inc. (“Bird” or the “Company”) (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced that it will release financial results for its fourth quarter and full year fiscal 2022 before the U.S. market opens on Friday, March 10, 2023. The Company will host a webcast that day at 8:00 a.m. Eastern […]
Nissan among the first to trial all-electric, heavy-duty trucks for new vehicle deliveries
LOS ANGELES–(BUSINESS WIRE)–Nissan is now using two battery electric vehicle (BEV) heavy-duty, Class 8 trucks to deliver new vehicles from the Port of Los Angeles to dealerships in the Los Angeles region. Two major manufacturers of electric heavy-duty trucks, Nikola and Kenworth, will each provide trucks that will pull traditional car haulers. The program is […]
onsemi Announces Upsize and Pricing of Private Offering of $1.3 Billion of 0.50% Convertible Senior Notes
PHOENIX–(BUSINESS WIRE)–ON Semiconductor Corporation (Nasdaq: ON) (“onsemi”) announced today the pricing of its private offering of $1.3 billion aggregate principal amount of 0.50% Convertible Senior Notes due 2029 (the “notes”) at a 32.5% premium to the closing price of onsemi’s common stock on February 23, 2023, of $78.39. The notes were offered only to persons […]