Ferrari N.V Misses Q4 EPS by 4c, Revenue Beats
Ferrari N.V (RACE) reported Q4 EPS of EUR1.21, EUR0.04 worse than the analyst estimate of EUR1.25. Revenue for the quarter came in at EUR1.37 billion versus the consensus estimate of EUR1.35...
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Ferrari NV News & Analysis
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Ferrari NV earnings missed by $0.04, revenue topped estimates
Investing.com - Ferrari NV (NYSE: RACE) reported fourth quarter EPS of $1.21, $0.04 worse than the analyst estimate of $1.25. Revenue for the quarter came in at $1.37B versus the consensus...
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Lithia Motors & Driveway in advanced talks to acquire Jardine Motors - Sky News
By Sam Boughedda Sky News reported Monday that Lithia Motors & Driveway (NYSE:LAD) is in advanced talks to buy Jardine Motors, one of Britain's biggest luxury car dealership groups. The...
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The Rs 4.5-cr Roma is a departure from other Ferraris
'La Nuova Dolce Vita' is the tagline of Ferrari's Roma which translates into 'The New Good Life'. The Roma is a Ferrari GT (Grand Touring) sports car and is also part of their entry-level...
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Tesla made headlines in 2022, but the top-performing auto stock had nothing to do with EVs
The year in automotive stocks wasn't just about Elon Musk and Tesla. There were losses across the board, but some didn't lose so much.
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Madhuri Dixit, husband spotted in a Rs 6 Core Ferrari 296 GTB; bought the supercar?
Madhuri Dixit's husband Dr Shriram Nene is an automotive enthusiast and owns many exotic vehicles apart from owning the humble Tata Nexon EV.
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The Monk Who Sold His Ferrari author suggests rules of thinking that marks a successful leader
“Ultimately, what makes great leadership and what makes a happy life is not what other people think of you, it is what you think of yourself, what does your family think about you? What do...
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The Ferrari from 'Ferris Bueller's Day Off' just sold for $400k and it doesn't have an engine
The fake 1961 California Spyder is one of three replicas made specifically for the John Hughes classic.
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Ferrari heir sets up succession with trust for supercar firm stake
MILAN (Reuters) – Piero Ferrari, son of founder Enzo and the second largest shareholder in Ferrari, set up a family trust this month to manage his stake of around 10% in the Italian...
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Mattia Binotto's exit sparks conversation about F1 team principals, read interesting facts here
The club stated Tuesday that Fred Vasseur has been appointed to replace the departing Mattia Binotto as Ferrari's Formula One manager for the 2023 season.
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Porsche up on DAX promotion; Puma shrugs off exclusion
By Geoffrey Smith Investing.com -- Porsche (ETR:P911_p) preferred stock edged back up toward a record high in early trade in Frankfurt on Tuesday, after market operator Deutsche Boerse said...
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Automotive firm Ultraviolette raises $24 mn led by Qualcomm Ventures, Lingotto
Bengaluru, Nov 22 (IANS) Ultraviolette Automotive Pvt Ltd on Tuesday expanded its ongoing Series D round led by Qualcomm (NASDAQ:QCOM) Ventures and Lingotto. According to sources, the...
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Lamborghini Gets Hollywood Treatment on the Heels of Porsche’s IPO
(Bloomberg) --Lamborghini is getting the Hollywood treatment.The Lionsgate biopic Lamborghini: The Man Behind The Legend opens in theaters Friday, offering audiences a big-screen account of...
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Ferrari Lifts Annual Guidance After Higher Volumes Boost Q3 Income
By Scott Kanowsky Investing.com -- Ferrari NV (BIT:RACE) raised its 2022 earnings and sales outlook after the sportscar maker posted better-than-expected third-quarter...
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Ferrari N.V Tops Q3 EPS by EUR0.08
Ferrari N.V (RACE) reported Q3 EPS of EUR1.23, EUR0.08 better than the analyst estimate of EUR1.15. Revenue for the quarter came in at EUR1.25 billion versus the consensus estimate of EUR1.2...
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UBS Updates Global Auto Model on Weak Macro Data: 'Goodbye Auto Production Recovery'
By Michael Elkins UBS Research updated its global auto model as they believe falling demand will keep 2023 production flat compared to last year. Analysts wrote in a note that "it is...
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New York to Adopt California’s Rules to Sell 100% Electric Vehicles by 2035
By Michael Elkins New York Governor Kathy Hochul announced Thursday that the state plans to adopt California's rules approved in August that would require all new vehicles sold in the state...
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Porsche shares rise on first trading day in largest European listing for a decade
Frankfurt, Sep 29 (IANS) Porsche (F:P911_p) shares have risen on their first day of trading as the sports carmaker shrugged off a worsening global economy in a 75 billion euros stock market...
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Morgan Stanley Reiterates Overweight Rating on Ferrari Following Purosangue Launch
By Michael Elkins Morgan Stanley updated their coverage of Ferrari (NYSE:RACE) to reflect their positive expectations following the vehicle maker's Purosangue launch. Ferrari's Purosangue...
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Bond Selloff, Nike Earnings, Porsche IPO - What's Moving Markets
By Geoffrey Smith Investing.com -- The selloff in global bonds resumed and the dollar rose again after a sharp short-covering rally in risk assets on Wednesday. Stocks are set to open under...
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Ferrari N.V Tops Earnings, Revenue Estimates, Boosts Guidance
By Sam Boughedda Ferrari N.V (NYSE:RACE) US-listed shares are down just under 1% Tuesday after reporting an earnings and revenue beat. The Italian luxury sports car manufacturer reported...
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Ferrari Lifts Annual Guidance as Supercar Maker Posts Record Profit
By Scott Kanowsky Investing.com -- Ferrari (NYSE:RACE) NV (BIT:RACE) has risen its full-year financial guidance and posted record quarterly {{erl-959205||earnings, as the supercar maker...
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Ferrari N.V Tops Q2 EPS by EUR0.07; Raises Guidance
Ferrari N.V (NYSE:RACE) reported Q2 EPS of EUR1.36, EUR0.07 better than the analyst estimate of EUR1.29. Revenue for the quarter came in at EUR1.29 billion versus the consensus estimate of...
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SEC Accuses 11 People for Promoting Crypto Pyramid Scheme
Forsage has collected $ 300 million from millions of investors around the world.The website already has allegations in the Philippines and Montana.The U.S Securities and Exchanges (SEC) has...
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Ferrari Stock Pops After Jefferies Upgrade to Hold
By Senad Karaahmetovic Shares of Ferrari (NYSE:RACE) are trading nearly 1% higher today after Jefferies analyst Philippe Houchois upgraded to 'Hold' from 'Underperform'. The analyst also...
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Darden, Snowflake, Occidental Petroleum Rise Premarket; Accenture Falls
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Thursday, June 23rd. Please refresh for updates. Accenture (NYSE:ACN) stock fell 3.5% after the IT services provider...
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Tesla, Abbott, McDonald's Fall Premarket; Twitter Gains
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Thursday, June 16. Please refresh for updates. Tesla (NASDAQ:TSLA) stock fell 4.5% after the electric car manufacturer...
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Ferrari Reveals New Long-term Strategy in EV Push
By Scott Kanowsky Investing.com -- Ferrari (NYSE:RACE) NV (BIT:RACE) has announced new long-term plans to take advantage of the growing demand for electric vehicles. In a statement...
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Ferrari N.V Reports Q1 EPS of EUR1.29
Ferrari N.V (NYSE:RACE) reported Q1 EPS of EUR1.29, versus EUR1.11 reported last year. Revenue for the quarter came in at EUR1.19 billion, versus EUR1.01 billion reported last year.
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These 10 Stocks Feature in Morgan Stanley's New Analyst Top Picks List
Morgan Stanley strategist Michelle Weaver introduced the ‘Analyst Top Picks’ list consisting of 45 highest-conviction calls in North America. The list includes the latest and best ideas from...
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Volkswagen Plans IPO of Porsche to Ignite EV Shift Momentum
(Bloomberg) -- Volkswagen AG (OTC:VWAGY) is preparing an initial public offering of Porsche (DE:PSHG_p), seeking a listing of its most profitable asset to help boost the parent’s...
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Rivian IPO, Supply Chain Torment, Musk Tweet on Hertz - What's Moving Markets
By Geoffrey Smith Investing.com -- Rivian, a company without any meaningful sales to date, plans an IPO that would be the third largest in U.S. history after Alibaba (NYSE:BABA) and...
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Ferrari Shares Slip As Goldman Sachs Goes From Buy To Sell
By Dhirendra Tripathi Investing.com – Ferrari (NYSE:RACE) shares were weaker by almost 4% in Monday’s trading in line with a two-notch downgrade for the stock by Goldman Sachs...
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Novavax, Tesla Rise Premarket; Lordstown Motors Slumps
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Monday, June 14th. Please refresh for updates. Novavax (NASDAQ:NVAX) stock soared 9.5% after the drugmaker...
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Ferrari’s Electric Vehicle Push to Weigh on Shares, Goldman Says
(Bloomberg) -- Ferrari's (NYSE:RACE) plan to go green could be costly for investors in the short term, according to Goldman Sachs (NYSE:GS) Inc. The broker flipped its recommendation on the...
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Motor racing-McLaren boss wants secret ballots for F1 rule changes
By Alan BaldwinApril 29 (Reuters) - McLaren boss Zak Brown has called for secret votes on rule changes to ensure Formula One teams are not pressured by bigger partners.The American laid out...
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UPDATE 2-Motor racing-Tough day for Red Bull as Mercedes top Imola practice
* Tough day for Red Bull with problems for both cars* Bottas fastest in both sessions for Mercedes* Hamilton a close second* Leclerc crashes in afternoon* Perez and Ocon collide(Adds second...
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AirBnB Frenzy, FDA to Approve Pfizer Drug, No-Deal Brexit - What's up in Markets
By Geoffrey Smith Investing.com -- AirBnB stokes the biggest IPO frenzy in 20 years, the FDA prepares to approve Pfizer’s Covid-19 drug and the EU and U.K. are heading for a messy divorce....
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UPDATE 2-Motor racing-Russia's Mazepin to race for Haas F1 next season
* Son of Russian billionaire to race for Haas from 2021* Mick Schumacher expected to take the team's other seat(Adds detail)MANAMA, Dec 1 (Reuters) - Russian billionaire's son Nikita Mazepin...
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Motor racing-Hamilton adds another country to his map of F1 domination
By Alan BaldwinLONDON, Oct 25 (Reuters) - Lewis Hamilton overtook Michael Schumacher as the most successful Formula One driver of all time in terms of race wins on Sunday and the Briton's...
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UPDATE 3-Motor racing-Grosjean blames financial reasons for Haas driver clear-out
* Grosjean and Magnussen to leave at end of season* Team yet to announce new lineup* Grosjean blames financial reasons (Adds Grosjean comments)By Alan BaldwinOct 22 (Reuters) - The...
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VW gauges interest in Ducati brand as a prelude to potential sale -sources
By Pamela Barbaglia, Arno Schuetze and Jan SchwartzLONDON/FRANKFURT, Oct 20 (Reuters) - Volkswagen Group VOWG_p.DE is hosting preliminary talks with potential bidders for its Ducati brand to...
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