Tesla Files Lawsuit Against Matthews International; Claims Matthews Disclosed Confidential Trade Secrets to Other Companies
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 10/24/2024 | $120.00 → $125.00 | Underweight | Wells Fargo | |
| 10/24/2024 | $236.00 → $238.00 | Hold | Truist | |
| 10/24/2024 | $165.00 → $195.00 | Hold | Jefferies | |
| 10/24/2024 | $245.00 → $255.00 | Neutral | Cantor Fitzgerald | |
| 10/24/2024 | $230.00 → $250.00 | Neutral | Goldman | |
| 10/24/2024 | $236.00 → $249.00 | Outperform | RBC Capital Mkts | |
| 10/24/2024 | $254.00 → $278.00 | Buy | Canaccord Genuity | |
| 9/25/2024 | $300.00 → $310.00 | Overweight | Piper Sandler |
8-K - MATTHEWS INTERNATIONAL CORP (0000063296) (Filer)
144 - Tesla, Inc. (0001318605) (Subject)
10-Q - Tesla, Inc. (0001318605) (Filer)
4 - MATTHEWS INTERNATIONAL CORP (0000063296) (Issuer)
4 - MATTHEWS INTERNATIONAL CORP (0000063296) (Issuer)
4 - MATTHEWS INTERNATIONAL CORP (0000063296) (Issuer)
Financial Highlights: 4th Quarter consolidated sales of $446.7 million; $1.80 billion for fiscal 2024Outstanding debt reduced by $53.8 million during the quarterCost reduction actions progressing wellCompany sets adjusted EBITDA guidance for fiscal 2025Webcast: Friday, November 22, 2024, 9:00 a.m., (201) 689-8471 PITTSBURGH, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for the quarter and fiscal year ended September 30, 2024. In discussing the Company's results, Joseph C. Bartolacci, President and Chief Executive Officer, stated: "Our consolidated operating results for the fiscal 2024 fourth quarter reflecte
PITTSBURGH, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.25 per share on the Company's common stock, representing an increase to the Company's quarterly dividend rate. Joseph C. Bartolacci, President and Chief Executive Officer, stated: "Consistent with our long-term practice, we are pleased to announce another annual increase in our dividend for fiscal 2025. This reflects our ongoing confidence in the Company's cash generation and long-term growth strategies." This represents the 31st consecutive annual dividend increase since becoming a pu
NEW YORK, Nov. 19, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ:SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce its inclusion in the NASDAQ Golden Dragon China Index, marking an important milestone in the Company's growth journey. The NASDAQ Golden Dragon China Index is a benchmark for tracking Chinese companies listed on U.S. exchanges, offering investors a window into the dynamic growth opportunities within China's economy, particularly in sectors like digital services, technology, new consumer markets, and clean energy. This prestigious index includes leading Chinese companies like Alibaba (NYSE:BABA), JD.com (
Wells Fargo reiterated coverage of Tesla with a rating of Underweight and set a new price target of $125.00 from $120.00 previously
Truist reiterated coverage of Tesla with a rating of Hold and set a new price target of $238.00 from $236.00 previously
Jefferies reiterated coverage of Tesla with a rating of Hold and set a new price target of $195.00 from $165.00 previously
SC 13G/A - MATTHEWS INTERNATIONAL CORP (0000063296) (Subject)
SC 13G/A - Tesla, Inc. (0001318605) (Subject)
SC 13G/A - MATTHEWS INTERNATIONAL CORP (0000063296) (Subject)
To gain an edge, this is what you need to know today. GDP Brings Buying Please click here for an enlarged chart of Invesco QQQ Trust Series 1 (NASDAQ:QQQ). Note the following: The chart shows a drop in QQQ. The drop in QQQ was triggered by speculative sentiment pulling back. As a reader of The Arora Report, you knew in advance that speculative sentiment could fall as a result of Tesla Inc (NASDAQ:TSLA) earnings. The chart shows that QQQ is approaching the support zone. RSI on the chart shows that QQQ is now oversold. Oversold markets tend to bounce. The chart shows that the volume was low on the selloff. This indicates a lack of conviction in selling. Especially hard hit in
Honda Motor Co. (NYSE:HMC) will reduce its production of gasoline vehicles in China by 19% starting this October, marking a strategic shift toward electric vehicles. The Japanese automaker will cease operations of one production line at its joint venture Dongfeng Honda, which has an annual capacity of 240,000 units, beginning in November. Additionally, in October, GAC Honda, another of its facilities with a capacity of 50,000 units annually, will be completely shut down. These changes are part of Honda's effort to accelerate the “steady shift” to EVs, reported Bloomberg. Honda’s production capacity in China, currently around 1.5 million units, will see a reduction of 19% due to
https://x.com/elonmusk/status/1816478001884004816https://x.com/elonmusk/status/1815907844434112999
Financial Highlights: 4th Quarter consolidated sales of $446.7 million; $1.80 billion for fiscal 2024Outstanding debt reduced by $53.8 million during the quarterCost reduction actions progressing wellCompany sets adjusted EBITDA guidance for fiscal 2025Webcast: Friday, November 22, 2024, 9:00 a.m., (201) 689-8471 PITTSBURGH, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for the quarter and fiscal year ended September 30, 2024. In discussing the Company's results, Joseph C. Bartolacci, President and Chief Executive Officer, stated: "Our consolidated operating results for the fiscal 2024 fourth quarter reflecte
PITTSBURGH, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.25 per share on the Company's common stock, representing an increase to the Company's quarterly dividend rate. Joseph C. Bartolacci, President and Chief Executive Officer, stated: "Consistent with our long-term practice, we are pleased to announce another annual increase in our dividend for fiscal 2025. This reflects our ongoing confidence in the Company's cash generation and long-term growth strategies." This represents the 31st consecutive annual dividend increase since becoming a pu
PITTSBURGH, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its fourth quarter and fiscal year 2024 earnings results after the market closes on Thursday, November 21, 2024. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its outlook. Participating in the call will be Joseph C. Bartolacci, President and CEO and Steven F. Nicola, Chief Financial Officer. A question-and-answer session will follow. Fourth Quarter and Fiscal Year 2024 Conference CallFriday, November 22, 20249:00 a.m. Eastern TimePhone: 201-689-8471Webcast and accompanying slide
Tesla Is Now a Texas Corporation At today's Annual Stockholders' Meeting, Tesla stockholders overwhelmingly approved the ratification of the 2018 CEO Performance Award and the redomestication of the Company to Texas. Tesla has submitted all filings to effectuate its conversion into a Texas corporation and can confirm that the Company is now incorporated in Texas. Full voting results for its 2024 Annual Meeting of Stockholders are below. AGENDA ITEM PROPOSAL BOARD VOTE RECOMMENDATIONS VOTING RESULTS Tesla Proposals 1. A Tesla proposal to elect two Class II directors, James Murdoch and Kimbal Musk, to serve for a term of three years, or until th
PITTSBURGH, April 26, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) ("Matthews" or the "Company") today announced that Francis Wlodarczyk has been appointed to the Company's Board of Directors. Mr. Wlodarczyk brings 35 years of experience in industrial automation, working with global and regional manufacturers in many industries, including automotive, material handling, packaging and consumer products. Most recently, Mr. Wlodarczyk served as Senior Vice President, Intelligent Devices at Rockwell Automation located in Milwaukee, Wisconsin. In this role, he led a multi-billion-dollar global business, responsible for strategic direction, growth, and profitabi
QUEBEC CITY, Canada, Nov. 15, 2023 (GLOBE NEWSWIRE) -- LeddarTech®, an automotive software company that provides patented disruptive low-level sensor fusion and perception software technology for ADAS and AD, proudly announces the appointment of Mr. Chris Stewart as Chief Financial Officer ("CFO"). As CFO at LeddarTech, Mr. Stewart will be instrumental in supporting LeddarTech in completing its recently announced business combination with Prospector Capital Corp. and transitioning to a publicly traded company. Mr. Stewart has over 20 years of financial management experience at companies ranging from startups to large public companies. Mr. Stewart previously served as the Chief Financial