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May 13, 2021
By Mike Turner 06.00 PM Europe’s corporate bond market continued to pump out deals this week, despite the equities market licking its wounds after inflation fears turned stock prices into a sea of red. US car parts maker BorgWarner and the European arm of CyrusOne, the US data centre real estate investment trust, were out with euro bonds on Wednesday, while UK housing association Paradigm Housing Group issued in sterling.“This week has had some hairy moments when I think everyone felt like ...
May 12, 2021
By Mike Turner 03.45 PM Europe’s corporate bond market continued to pump out deals on Wednesday, despite the equities market licking its wounds after inflation fears brought a sea of red to stock prices. US car parts maker BorgWarner and the European arm of CyrusOne, the US data centre real estate investment trust, were out for euro bonds, while UK housing association Paradigm Housing Group issued in sterling.“This week has had some hairy moments when I think everyone felt like the market ...
May 11, 2021
Operator Thank you for standing by. This is the conference operator. Welcome to the Westport Fuel Systems, Inc. first-quarter 2021 results conference call. [Operator instructions] The conference is being recorded. I would now like to turn the conference over to Christine Marks, Westports investor relations representative. Please go ahead, Ms. Marks. Christine Marks -- Investor Relations Thank you, and good morning, everyone. Welcome to Westport Fuel Systems first-quarter 2021 conference call w...
May 11, 2021
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May 10, 2021
Car companies brace for a bumpy ride as chip shortage expected to intensify By Reuters Share JOHANNESBURG - Auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the year and aiding in a partial recovery of lost sales. The chip shortage came at an inopportune time for automakers as demand rebounded from pandemic lows due to low interest rates and consumers preference for personal transport amid...
May 10, 2021
By Mike Turner 10 May 2021 A smattering of European investment grade companies are lining up bond issues, as May continues to bring the turnaround in issuance levels that the market had been hoping for in the run-up to the UK bank holiday at the start of the month. Luxembourg’s Eurofins Scientific, a laboratory testing company, the European arm of US real estate investment trust CyrusOne and US car parts company BorgWarner have hired banks for euro bonds. “It’s not overwhelming, but there...
May 9, 2021
Daily Times May 9, 2021 US auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the year and aiding in a partial recovery of lost sales. The chip shortage came at an inopportune time for automakers as demand rebounded from pandemic lows due to low interest rates and consumers’ preference for personal transport amid the health crisis. “We’ve embedded a 3% reduction in industry production ...
May 9, 2021
US auto part makers brace for bumpy ride Global chip shortage worsens before easing in second half of year Reuters May 09, 2021 A worker monitors automatic copper wire unit at a plant in Lahore, Pakistan, March 24, 2017. PHOTO: REUTERS/FILE WASHINGTON: US auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the year and aiding in a partial recovery of lost sales. The chip shortage came at an...
May 8, 2021
Tim Hogan Times correspondent Youth spring baseball has returned to the Frankfort area after the directors of Frankfort Baseball canceled the leagueâs spring season last year because of the COVID-19 outbreak. âWe had a delayed season, the fall ball season we called it,â said Adam Tokarski, a league director at Frankfort Baseball. And though a few things such as umpire placement were different, Tokarski said, âthe kids were excited to get out and play baseball.â�...
May 7, 2021
U.S. auto part makers brace for a bumpy ride as chip shortage to intensify By Ankit Ajmera Reuters (Reuters) -U.S. auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the year and aiding in a partial recovery of lost sales. The chip shortage came at an inopportune time for automakers as demand rebounded from pandemic lows due to low interest rates and consumers preference for personal transpo...