Peloton Stock Decline - Peloton stock has struggled to regain its former glory since Dana White, CEO of UFC, decided to remove all Peloton bikes from UFC training facilities last year [1] - The removal of Peloton bikes was prompted by comedian Theo Von's revelation that Peloton, a sponsor of his podcast, asked him to take down an interview with Robert F Kennedy Jr [2] - Following the removal, Peloton rival Echelon shared an Instagram reel from one of White's gyms showing Echelon bikes replacing Pelotons, leading to a decline in PTON stock from $5 83 on November 29, 2023, to $3 42 [5] Dana White's Reaction - Dana White expressed indignation at Peloton's actions, stating "Peloton sells stationary bikes, and they've got a problem with Robert f–ing Kennedy F— you, Peloton Who the f— are they?" [6] - White ordered the immediate removal of Peloton bikes from UFC gyms, declaring "My guys are going to take the Pelotons out of the gym today We're getting rid of them We're going to throw them in the f—ing garbage today We're throwing them out of the UFC gym" [7] Stock Performance - Peloton stock has declined by 41 34% since the Instagram video showing Echelon bikes replacing Pelotons [6] - As of July 25, PTON stock reflects a decline of 2 13% on the day, an 8 99% drop across the week, a modest increase of 1 60% on its monthly chart, and a 60 91% dip over the last 12 months [7]

The conference call can be accessed by telephone from both domestic and international locations using the information provided below: Audio streaming and slides will be available online via a link provided on the Dana investor website: www.dana.com/investors. About Dana Incorporated MAUMEE, Ohio, July 16, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) will release its 2024 second-quarter financial results on Wednesday, July 31, 2024. A press release will be issued at approximately 7 a.m. EDT, followed b ...

Group 1 - Dana Incorporated announced the appointment of Brian Pour as Senior Vice President and President of Dana Commercial Vehicle Drive and Motion Systems, effective July 22, succeeding Aziz Aghili [1][6] - Brian Pour has over 30 years of experience in the mobility industry, including leadership roles at Auria Solutions Ltd., International Automotive Components, Lear Corporation, and Textron Automotive [2][4] - Dana reported sales of $10.6 billion in 2023 and employs 42,000 people across 31 countries [7] Group 2 - Dana is recognized for its commitment to ethical practices, being named among the "World's Most Ethical Companies" for 2023 and 2024, and as one of "America's Most Responsible Companies 2023" [7] - The company focuses on designing and manufacturing efficient propulsion and energy-management solutions for various mobility markets globally [3]

Core Insights - Dana Incorporated has appointed Lisa Amend as Senior Vice President and Chief Human Resources Officer, highlighting the company's commitment to a people-first culture and its 120-year legacy [1][2]. Company Overview - Dana is a leader in designing and manufacturing efficient propulsion and energy-management solutions for vehicles and machines globally, focusing on sustainable progress through both conventional and clean-energy solutions [4]. - The company reported sales of $10.6 billion in 2023 and employs 42,000 people across 31 countries [7]. Leadership Background - Lisa Amend brings over 20 years of experience as a labor and employment attorney, with responsibilities including human resources strategy, talent management, diversity, equity, and inclusion [5][6]. - Amend has been with Dana for over 12 years, serving in various legal roles before her recent appointment [6].

Ms. Hamilton is a long-time public company board member with committee experience that includes Executive, Nominating and Government, and Audit and Risk Management. She recently joined the board of Opendoor, the nation's largest e-commerce platform for residential real estate. As a member of the board of Life Storage, Inc., Ms. Hamilton helped guide the company during a period of significant growth, transformation and shareholder value creation. Howard Hughes Holdings Inc. owns, manages, and develops commer ...

Core Viewpoint - Dana Incorporated has shown mixed financial results, with significant revenue growth but volatility in profitability metrics, leading to a recommendation to maintain a 'buy' rating due to its attractive valuation compared to peers [4][12]. Financial Performance - The company reported a revenue of $10.56 billion for the 2023 fiscal year, a 3.9% increase from $10.16 billion in 2022, primarily driven by organic growth [10]. - Revenue from Europe increased by $491 million, or 16.1%, with $460 million attributed to organic growth, supported by strong demand in off-highway, mining, and construction sectors [10]. - In the first quarter of 2024, revenue reached $2.74 billion, a 3.4% increase from $2.64 billion in the same period of 2023, largely due to a 14.1% rise in light vehicle production [9]. Profitability Metrics - The company transitioned from a net loss of $242 million in 2022 to a net gain of $38 million in 2023, influenced by the absence of goodwill impairment charges and lower income tax expenses [2]. - Operating cash flow decreased from $649 million to $476 million, but adjusted for working capital changes, the decline was smaller, from $450 million to $406 million [2]. - EBITDA improved from $700 million to $845 million, indicating operational efficiency despite challenges [2]. Market Position and Valuation - Dana Incorporated's shares are considered cheap, trading at a price to operating cash flow of 5.0 and an EV to EBITDA of 5.4, making it one of the most attractively priced companies in its peer group [6][8]. - The company is expected to benefit from organic growth of approximately $270 million year over year, with additional contributions from electric vehicle sales [5]. Future Outlook - Management projects revenue for 2024 to be between $10.65 billion and $11.15 billion, with EBITDA expected between $875 million and $975 million [9]. - Despite mixed results, management remains optimistic about future performance, particularly in light vehicle production and organic growth opportunities [9][10].

SOLANA BEACH, Calif. and REDWOOD CITY, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- eFFECTOR Therapeutics, Inc. (NASDAQ: EFTR), a leader in the development of selective translation regulator inhibitors (STRIs) for the treatment of cancer, today announced a collaboration to conduct an investigator-sponsored trial (IST) evaluating zotatifin in combination with abemaciclib and letrozole in patients with estrogen receptorpositive (ER+) endometrial cancer and low grade serous ovarian cancer at the Dana-Farber Cancer ...

Dana Incorporated (NYSE:DAN) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Craig Barber - Senior Director, IR and Corporate Communications Jim Kamsickas - Chairman and CEO Timothy Kraus - SVP and CFO Conference Call Participants Colin Langan - Wells Fargo James Picariello - BNP Paribas Joseph Spak - UBS Trevor Young - Barclays Operator Good morning, and welcome to Dana Incorporated First Quarter 2024 Financial Webcast and Conference Call. My name is Regina, and I will be y ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: March 31, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period From to Commission File Number: 1-1063 Dana Incorporated (Exact name of registrant as specified in its charter) | Delaware | 26-1531856 | | --- | --- | | (St ...

Dana (DAN) reported $2.74 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 3.4%. EPS of $0.02 for the same period compares to $0.25 a year ago.The reported revenue represents a surprise of +2.93% over the Zacks Consensus Estimate of $2.66 billion. With the consensus EPS estimate being $0.10, the EPS surprise was -80.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their nex ...