News
Richemont: Jewellery Growth Strengthens The Bull Case, But Valuation Has Caught Up
1+ day, 19+ hour ago (97+ words) (Rating Downgrade) Seeking Alpha - Compagnie Financière Richemont SA delivered strong Q1 2027 results, led by accelerating Jewellery growth and broad-based sales strength. - Jewellery Maisons drove ~89% of sales growth, achieving a seventh consecutive quarter of double-digit gains across all regions and channels. - Specialist…...
Ask For A Pony, Get A Ferrari: Good Times For Global Convertibles
1+ week, 1+ day ago (14+ words) Seeking Alpha...
Volkswagen eyes 100,000 job cuts, factory shutdowns: report (VWAGY:OTCMKTS)
3+ week, 20+ hour ago (53+ words) Seeking Alpha Volkswagen AG (VWAGY) is considering deeper cost-cutting measures, including eliminating up to 100,000 jobs and closing several factories, as CEO Oliver Blume seeks to improve the automaker's competitiveness, Manager Magazin reported Friday, citing people familiar with the matter....
Renault aims to cut 800 engineering jobs in France amid competitiveness push (RNSDF:OTCMKTS)
3+ week, 2+ day ago (19+ words) Renault may cut 800 engineering jobs in France by 2027 via voluntary redundancies to boost competitiveness vs Chinese rivals....
Ferrari names new marketing chief (RACE:NYSE)
3+ week, 3+ day ago (19+ words) Ferrari names ex-BMW exec Massimiliano De Silvestre as CMO from July 1; shares dip below key moving averages....
BMW, employee representatives prepare talks after profit warning (BMWKY:OTCMKTS)
4+ week, 17+ hour ago (52+ words) Seeking Alpha BMW (BMWKY) and employee representatives are preparing discussions following the carmaker's recent profit warning and plans to intensify efficiency measures, Reuters reported, citing a spokesperson for the company's general works council. The talks come days after BMW cut…...
Ferrari turns Luce EV into a loyalty test to gain access to 'halo' vehicles — Bloomberg (RACE:NYSE)
1+ mon, 13+ hour ago (15+ words) Ferrari is reportedly pushing $636K Luce EV orders to help buyers climb the supercar waitlist....
Asian equities surge, crude plummets as easing Middle East tensions
1+ mon, 5+ day ago (42+ words) Asian equities traded higheron Friday as hopes for a US-Iran peace agreement sparked a broad risk-on rally across global markets. Global risk appetite improved significantly after US President Trump stated that a deal with Iran could be reached as early...
Ferrari's all-electric vehicle gets off to a sputtering start in China (RACE:NYSE)
1+ mon, 1+ week ago (57+ words) Seeking Alpha Ferrari N.V. (RACE) is off to a rocky start with the Luce electric vehicle, with social media posts and industry reviews mocking the design for looking like much less expensive EVs like the Nissan Leaf and the numerous Chinese…...
Marriott adds the Lefay brand to its global portfolio (MAR:NASDAQ)
1+ mon, 1+ week ago (13+ words) Seeking Alpha...