Ferrari NV

Below are Morgan Stanley’s preferred shares for the subsequent 12 months
World

Below are Morgan Stanley’s preferred shares for the subsequent 12 months

If you might be seeking for shares to invest in and keep about the upcoming yr, Morgan Stanley has compiled their list of favorites. The bank’s “vintage values” checklist is compiled of names, mainly mid- to big-caps, that Morgan Stanley Investigate thinks are poised to recognize outstanding threat-altered returns more than the upcoming 12 months. […]

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Molson Coors stock falls as company cites split in consumer spending on beer
Business

Molson Coors stock falls as company cites split in consumer spending on beer

A bottle of Molson Coors Brewing Co. Blue Moon brand beer Tiffany Hagler-Geard | Bloomberg | Getty Images Molson Coors Beverage is seeing a split emerge among its customers as inflation hits their wallets: Some beer drinkers are trading down, while others are still shelling out for pricier six-packs. Shares of the beverage company closed […]

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Ferrari boosts full-year guidance after a record second quarter
Business

Ferrari boosts full-year guidance after a record second quarter

The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images Ferrari raised its guidance for 2022 after reporting record results for the second quarter amid unprecedented demand for its high-priced sports and grand touring cars. The Italian supercar maker has been largely immune from […]

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Ford stock notches its best month since the Great Recession – and keeps rising
Business

Ford stock notches its best month since the Great Recession – and keeps rising

2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor’s stock on Monday added to its best month since the Great Recession in 2009, signaling a significant swing for the automaker this year. Shares of the Detroit automaker closed Monday at $15.34, up 4.4%. The gains added to the stock increasing by 31.9% in July […]

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Ferrari CEO shrugs off concerns about EV performance
Technology

Ferrari CEO shrugs off concerns about EV performance

A Ferrari photographed in Switzerland on March 2, 2015. The Italian company plans to launch a fully electric vehicle in 2025. Harold Cunningham | Getty Images News | Getty Images The CEO of Ferrari on Tuesday moved to allay fears the firm’s upcoming electric offering will compromise on performance, telling CNBC the luxury carmaker had […]

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Morgan Stanley loves these 9 global stocks trading at ‘significant’ lows
World

Morgan Stanley loves these 9 global stocks trading at ‘significant’ lows

Analysts at Morgan Stanley have identified several global stocks they say are trading at prices significantly lower than their 12-month highs. Source

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Morgan Stanley says investors can weather a ‘prolonged storm’ with these global stocks
World

Morgan Stanley says investors can weather a ‘prolonged storm’ with these global stocks

European companies have never been richer, according to Morgan Stanley , and are ready to splash the cash — including distributing part of it to shareholders. The Wall Street bank has named a raft of stocks that have strong balance sheets and resilient cash flows and are set to return excess cash to shareholders through […]

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Croatian EV supercar maker Rimac raised 500 million euros to make parts for Big Auto rivals
Business

Croatian EV supercar maker Rimac raised 500 million euros to make parts for Big Auto rivals

Rimac Group, the Croatian company best known for its 1,900 horsepower Nevera electric sports car, said it has raised 500 million euros (about $537 million) from investors including Goldman Sachs, Porsche and a technology fund advised by Japan’s SoftBank. The new funding round values Rimac at over 2 billion euros. Rimac made headlines last year […]

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Aston Martin names ex-Ferrari boss Amedeo Felisa as CEO
World

Aston Martin names ex-Ferrari boss Amedeo Felisa as CEO

The Aston Martin DBX seen at Salon Prive, held at Blenheim Palace, September 25, 2020 in the United Kingdom. Martyn Lucy | Getty Images British luxury carmaker Aston Martin Lagonda on Wednesday named Amedeo Felisa, the former boss of Ferrari NV, as its new chief executive officer, succeeding Tobias Moers who will step down with […]

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Ferrari to recall more than 2,000 cars in China over braking issues
World

Ferrari to recall more than 2,000 cars in China over braking issues

The Ferrari 458 Italia. Ferrari Luxury sports car maker Ferrari will recall 2,222 cars in China due to a potential fault in its braking systems, China’s market regulator said in a statement on Friday. The recall covers the 458 Italia, 458 Speciale, 458 Speciale A, 458 Spider, 488 GTB and 488 Spider series models, the […]

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