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UPDATE 3-EV startup Canoo's 2024 revenue forecast disappoints, shares tumble
EV startup Canoo's 2024 revenue forecast disappoints, shares tumble 38% in extended trading. Electric vehicle maker Canoo GOEV.O forecast 2024 revenue well below analyst expectations. Canoo also warned for the eighth straight quarter about its dwindling capital and ability to continue as a going concern. The EV industry has been struggling amid a slowdown in demand for battery-powered cars.
Reuters · 04/01 20:57
Auto File: Toyota outshines Tesla
Auto File: Toyota outshines Tesla in the electric vehicle slow lane. Tesla's first quarter deliveries are expected to be released on April 1 or 2. Chinese automakers are storming the Bangkok Auto Show. Ford and GM's chief financial officers reassure Wall Street about the future of the auto industry.
Reuters · 03/26 15:12
PRESS DIGEST - Wall Street Journal - March 26
Boeing's CEO Dave Calhoun will step down by year-end. Fisker said its for some kind of tie-up with a large automaker has broken down. Check-Cap agrees to be acquired by a digital marketplace for real-estate agents.
Reuters · 03/26 05:26
NYSE to commence delisting proceedings against Fisker
Reuters · 03/25 20:28
UPDATE 6-Fisker shares halted after deal talks with big automaker collapse
Fisker shares halted after deal talks with big automaker collapse. Trading in the shares of the company has been halted pending an announcement. Fisker last week paused electric-vehicle production. The startup is looking for strategic options after talks with a large automaker collapsed.
Reuters · 03/25 16:27
UPDATE 1-Fisker's deal talks with large automaker ends
Fisker says talks with a large automaker for a potential transaction has been terminated. Shares of the company fell more than 18% before the bell. Reuters reported earlier this month that Nissan was in advanced talks to invest in the company. Fisker is a maker of electric vehicles.
Reuters · 03/25 13:12
Fisker's deal talks with large automaker ends
Reuters · 03/25 13:09
BUZZ-U.S. STOCKS ON THE MOVE-Micron, US hotels, Exxon Mobil
Wall Street's main indexes rose on Monday. The Dow Jones Industrial Average was up 0.43% ahead of the U.S. Federal Reserve's meeting this week. Alphabet and Tesla were among the top percentage gainers on the S&P 500. Micron, US hotels, Exxon Mobil among the stocks on the move.
Reuters · 03/18 16:14
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