6-K: Report of foreign private issuer (related to financial reporting)
Toyota Motor Corp's global output in November will be 15% lower than planned.
Toyota Motor Corp will cut its global car production target by about 15 per cent from its previous plan in November, according to unquoted sources. Toyota Motor Corp is affected by the shortage of chips and expects to keep the annual production target at 9 million vehicles. An unnamed Toyota executive reportedly said the carmaker planned to resume normal production and make up for production losses from December, but there was "a lot of uncertainty" about the outlook. Toyota Motor Corp declined to comment on the report, according to the media.
Aluminum prices soared, Alcoa paid dividends for the first time in five years, and its share price nearly tripled in a year.
With aluminum prices rising, Alcoa, the largest US aluminum producer, rebounded strongly in 2021 and finally resumed paying dividends to shareholders five years later. The company said on Thursday that it would pay a dividend of 10 cents a share on Nov. 19 to shareholders of record before the Oct. 29 close. It is the first dividend paid by Alcoa since it spun off its aircraft and auto parts businesses in 2016. The company also announced a $500 million share buyback program. Alcoa's share price has nearly tripled from a year ago, driven by a historic surge in aluminum prices. From cars to MacBook to beer cans, aluminum quilts
Fashion Company a.k.a Brands Cuts IPO Size -- Barrons.com
Luisa Beltran Just days before its stock is expected to begin trading, a.k.a. Brands Holding slashed the size and price range for its initial public offering.The company said Tuesday it would sell 10
GreenSky Shares Surge on Takeover by Goldman Sachs >GSKY
By Colin KellaherGreenSky Inc. shares rose more than 50% Wednesday after the specialty lender agreed to be acquired by Goldman Sachs Group Inc. in a stock-swap deal worth about $2.24 billion.Goldman w
AT&T Prods Rivals with Promos for New iPhone Slate -- Market Talk
1517 ET - AT&T's opening salvo in the next Apple iPhone cycle shows the carrier is still hungry for new subscribers and eager to keep its current ones happy. The US carrier announces Tuesday it wi
Revival of Ford Bronco SUV Hits Production Snag
By Mike Colias Ford Motor Co. said it would halt delivery of some new Bronco sport-utility vehicles because of a production problem, a high-profile setback as the auto maker tries to address n
GoDaddy Sets $250 Million Accelerated Stock Buyback >GDDY
By Colin Kellaher GoDaddy Inc. on Thursday said it will buy back $250 million in stock under an accelerated repurchase agreement with Goldman Sachs & Co. The Tempe, Ariz., company
Scarlett Johansson Lawsuit Stirs Debate Over Streaming-Era Movie Compensation
By Joe Flint Scarlett Johansson isn't the only movie star with concerns about how Hollywood's focus on streaming could affect her pay. She's just the one that went public. Ms. Johansson
Consensus Upgrades Seen for Deutsche Telekom After Strong 2Q -- Market Talk
0818 GMT - Deutsche Telekom posted a strong set of 2Q results "with lots to like" that show the company's stability, Citi says, expecting small upgrades to consensus estimates on the back of the
Deutsche Telekom Again Raises Earnings Guidance for 2021
By Kim Richters Deutsche Telekom AG on Thursday raised part of its outlook for the year, and said revenue and adjusted earnings for the second quarter fell. The German telecommunicatio
Fox Nearing Deal to Buy TMZ
By Joe Flint and Drew FitzGerald AT&T Inc. is nearing a deal to sell TMZ to Fox Corp., after a year of talks that involved persuading Harvey Levin to sign off on a sale of the gossip news
Google 'pay calculator' suggests staff who work from home could face pay cuts: report
By Weston Blasi Employees who decide to work remotely and move to less expensive areas of the country may be subject to a pay cut Google employees who decide to work from home full-time cou
Ford Will Use Scale From Gas-Powered Cars to Boost EV Profitability -- Market Talk
1008 ET - Ford's product chief says using common parts across the company's electric and gas-powered vehicles will be a key to profitability as the company rolls out more plug-in cars. Hau Thai-
This JPMorgan Analyst Still Hates GE Stock. Here's His Latest Reason. -- Barrons.com
Al Root J.P. Morgan analyst, and longtime General Electric bear, Stephen Tusa recapped GE's second-quarter results in a Wednesday report. Once again, he didn't like what he saw. Tusa's problem
DigitalBridge Buys Controlling Stake in Vertical Bridge
By Robb M. Stewart DigitalBridge Group Inc. has agreed to buy a controlling stake in Vertical Bridge Holdings LLC, as Goldman Sachs Asset Management and the other founding shareholder in
UK Mobile Firms U-Turn on Post-Brexit Roaming-Fee Vow -- Market Talk
1249 GMT - U.K. mobile-phone operators are back-tracking on a pledge not to bring back roaming charges for U.K. customers visiting continental Europe following the country's EU exit, Bank of Ame
A Surge in Wireless Subscribers Makes Analysts Wonder
By Drew FitzGerald Cellphone carriers have reported adding millions of new U.S. wireless plans over the past year, making for the industry's biggest gains in nearly a decade. Some observers qu
OECD: the global economy will grow at its fastest pace in half a century this year
Original title: OECD: this year the global economy will grow at the fastest rate in half a century. Source: Golden Ten data Beijing time 16: 00 on Monday, the OECD released its economic outlook. The group expects the global economy to grow by 5.8 per cent in 2021 (up from 5.6 per cent previously forecast) and 4.3 per cent in 2022 (up from 4 per cent previously forecast). The OECD believes that the global economy has grown at its fastest pace in nearly half a century this year, driven by an aggressive vaccination program and the latest fiscal stimulus package from the US government. But at the same time, the OECD warned that the global economy would be very
Goldman Sachs Group changed his report again: raise the forecast of cloth oil by 5 US dollars again.
Original title: Goldman Sachs Group changed report: raise oil distribution forecast by another $5 / Huitong net Editor: Qin Meng Goldman Sachs Group said in a report on Thursday that Brent oil price forecasts for the second and third quarters were raised by $5 to $75 and $80 per barrel respectively after Saudi Arabia and OPEC+ allies decided to extend crude oil production limits. "although members discussed the demand risk of the epidemic, the information we received from the press conference was that self-discipline among shale producers may be behind the slowdown in production growth," the report said. Goldman Sachs Group cut his OPEC+ production forecast by 900000 b / d over the next six months. The bank will also be in the fourth quarter.