TOKYO (Reuters) -Shares of Toyota Industries (OTC:TYIDF) were set to surge on Monday after Japanese automaker Toyota (NYSE:TM) said over the weekend it was exploring the possibility of investing in a potential buyout of the key parts supplier.Toyota Industries shares remained untraded with a glut of buy orders on Monday. The bid and ask indicated that their price was poised to hit the daily uppe ...
Investing.com -- Bernstein analysts in a recent note examined whether Walmart (NYSE:WMT) can close the gap with Amazon (NASDAQ:AMZN) in e-commerce. The brokerage presents a side-by-side comparison of both companies, focusing on growth, profitability, category exposure, and valuation.Walmart’s U.S. e-commerce business has been growing at over 20% annually and is expected to maintain a double ...
Investing.com -- Aiming to restore manufacturing jobs may be a misguided goal in today’s economy, experts argue as the White House pursues broad tariffs to bring factory work back to U.S. shores.While the latest trade measures span agriculture and natural resources, the push to "reshore" manufacturing is central to current policy. But analysts at CIBC (TSX:CM) warn that tariffs could back ...
MILAN (Reuters) -Pirelli’s board is expected to approve on Monday an accord between shareholders to establish that the group’s largest investor, China’s state-owned Sinochem, does not exercise control over the tyre maker, an Italian daily said.Chinese and Italian shareholders in Pirelli have been at odds over the group’s governance, with Sinochem posing a hurdle to Pirelli’s U.S. expansi ...