QuantumScape Corp ( QS ) shares are trading higher Thursday after the company said it began producing its first b-sample cells and started shipping them to customers for testing. What Happened: QuantumScape ( QS ) reported third-quarter financial results after the market close on Wednesday. The company reported a third-quarter loss of 23 cents per share, which was in line...

09:25 AM EDT, 10/24/2024 (MT Newswires) -- FREYR Battery ( FREY ) said Thursday it has secured a 122 million euro ($131.7 million) grant from the European Union Innovation Fund to support its potential Cathode Active Materials, CAM, manufacturing project in Vaasa, Finland. The company said the project aims to produce Lithium Iron Phosphate CAM at an industrial scale, with...

Honeywell International Inc. ( HON ) shares are trading lower after the company reported third-quarter results and updated FY24 guidance. Revenue grew 6% year-over-year (organic: +3%) to $9.728 billion, missing the consensus of $9.901 billion. The sales increase was attributed to strong growth in defense and space, commercial aviation, and building solutions. Adjusted EPS was $2.58 (+8% Y/Y), beating the consensus of $2.50. Sales by Segments: Aerospace Technologies $3.912 billion (+12% Y/Y), Industrial Automation $2.50...

On Thursday, Harley-Davidson Inc ( HOG )  reported third-quarter 2024 financial results. It clocked HDMC and LiveWire combined revenue of $881.21 million. Consolidated revenue declined by 26% to $1.15 billion. The analyst consensus estimate was $965.78 million. The consolidated revenue decline was driven primarily by a 32% revenue fall for HDMC and partially offset by a 10% revenue increase for HDFS....