Company Performance - Rivian Automotive (RIVN) closed at $13.39, down 2.73% from the previous trading session, underperforming the S&P 500's loss of 0.84% [1] - Over the past month, Rivian's shares have decreased by 12.97%, contrasting with the Auto-Tires-Trucks sector's unchanged performance and the S&P 500's gain of 1.44% [2] - The upcoming earnings disclosure is anticipated, with an expected EPS of -$0.65, reflecting a 46.28% growth year-over-year, and a revenue forecast of $1.29 billion, up 11.22% from the prior-year quarter [3] Annual Forecast - For the entire year, the Zacks Consensus Estimates predict an EPS of -$2.49 and revenue of $5.25 billion, indicating a year-over-year change of +38.37% for earnings and +5.66% for revenue [4] - Recent analyst estimate revisions for Rivian Automotive suggest positive short-term business trends, which are generally viewed as favorable for the business outlook [4] Industry Context - Rivian operates within the Automotive - Domestic industry, which is part of the Auto-Tires-Trucks sector, currently holding a Zacks Industry Rank of 176, placing it in the bottom 29% of over 250 industries [7] - The Zacks Industry Rank is based on the average Zacks Rank of individual stocks in the industry, indicating that higher-ranked industries tend to outperform lower-ranked ones by a factor of 2 to 1 [7]

Company Announcement - Dorman Products, Inc. announced the retirement plans of David M. Hession, Senior Vice President and Chief Financial Officer, later this year [1] - The company has initiated a search process for Mr. Hession's successor with the help of an executive search firm [1] Leadership Insights - Kevin Olsen, President and CEO of Dorman, acknowledged Mr. Hession's integral role in driving the company's strong financial performance over the past six years [2] - Mr. Hession joined Dorman as CFO in February 2019 and contributed to business expansion through strategic acquisitions and strengthening the company's balance sheet and liquidity [2] Transition Plans - Mr. Hession will remain in his position until a successor is appointed and will serve in an advisory role to ensure a smooth transition [1][3] - He expressed pride in the accomplishments during his tenure and confidence in Dorman's future success [3] Company Background - Dorman has been providing aftermarket replacement products for over 100 years, focusing on solutions that save time and money for vehicle repair [4] - The company offers a diverse catalog of products for various vehicles, including cars, trucks, and specialty vehicles [5]

SINGAPORE, May 19, 2025 (GLOBE NEWSWIRE) -- INNEOVA Holdings Limited (Nasdaq: INEO, "INNEOVA Holdings" or the "Company"), a leading Singapore-based provider of high-quality Original Equipment Manufacturer ("OEM"), third-party branded, and in-house branded replacement parts for motor vehicles and non-vehicle combustion engines, today announced its financial results for the fiscal year ended December 31, 2024. Key Financial Highlights for Fiscal Year 2024 Revenue: $58.3 million, a 2.0% decrease from $59.5 mil ...

Core Viewpoint - Dorman Products, Inc. has appointed Kathleen Pacheco as President of the Specialty Vehicle business segment, succeeding Lindsay Hunt, who will remain in an advisory role to support the transition and growth of the business [1][2]. Group 1: Leadership Transition - Kathleen Pacheco has been appointed as President of the Specialty Vehicle business segment, replacing Lindsay Hunt [1]. - Lindsay Hunt previously served as the Chief Executive Officer of SuperATV and played a crucial role in the integration of the business following its acquisition by Dorman in 2022 [1][2]. - Kevin Olsen, Dorman's President and CEO, expressed confidence in Pacheco's ability to drive growth and financial performance in her new role [2]. Group 2: Background of New President - Prior to her new role, Kathleen Pacheco served as Chief Operating Officer of the Specialty Vehicle segment and has held senior leadership positions at Tenneco and Johnson Controls [2]. - Pacheco holds a Master of Science in Engineering Management from Marquette University and a bachelor's degree in mechanical engineering from Kettering University [2]. Group 3: Statements from Leadership - Lindsay Hunt praised Pacheco as an exceptional leader with a deep understanding of the business and its strategic objectives, highlighting her contributions to innovation and supply chain transformation [3]. - Kathleen Pacheco expressed her commitment to building on the SuperATV legacy and looks forward to leveraging Hunt's experience in her new role [3].

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Highlights (All comparisons are to the prior year period unless otherwise noted): Net sales of $507.7 million for the quarter, up 8.3% compared to $468.7 millionDiluted earnings per share (“EPS”) of $1.87, up 78% compared to $1.05Adjusted diluted EPS* of $2.02, up 54% compared to $1.31Generated $51 million of cash from operating activities; repaid $20 million of debt and repurchased $12 million of its sharesReaffirms its full-year guidance for 2025, excluding tariffs COLMAR, Pa., May 05, 2025 (GLOBE NEWSWIR ...

SINGAPORE, April 30, 2025 (GLOBE NEWSWIRE) -- INNEOVA Holdings Limited (Nasdaq: INEO, "INNEOVA Holdings" or the "Company" or the "Group"), a leading Singapore-based provider of high-quality Original Equipment Manufacturer ("OEM"), third-party branded and in-house branded replacement parts for motor vehicles and non-vehicle combustion engines, today announced that it has completed the acquisition of INNEOVA Engineering Pte. Ltd. ("INNEOVA Engineering"), a Singapore-based engineering solutions provider. This ...

Core Points - Dorman Products, Inc. will report its financial results for the first quarter ended March 29, 2025, after the closing of the Nasdaq Stock Market on May 5, 2025 [1] - A conference call and webcast to discuss the financial results is scheduled for May 6, 2025, at 8 a.m. ET, accessible via specific dialing instructions [2] - Dorman has been providing aftermarket replacement products for over 100 years, focusing on solutions that save time and money for vehicle repairs [3][4] Company Overview - Dorman Products is a pioneering global organization headquartered in the United States, offering a diverse catalog of products for cars, trucks, and specialty vehicles [4] - The company specializes in a wide range of automotive components, from chassis to body and from underhood to undercarriage, including hardware and complex electronics [4]