Lithia Motors, Inc ( LAD ). reported third-quarter adjusted earnings per share of $8.21, beating the analyst consensus estimate of $7.60. Unrealized investment gains and foreign currency exchange gains increased diluted earnings per share by 11 cents. Quarterly sales of $9.221 billion (+11%) missed the street view of $9.482 billion. Revenue Segments: New vehicle retail (+14%), Used vehicle retail (+8.5%),...

Oct 23 (Reuters) - Warren Buffett will not endorse investment products or political candidates, according to a statement on conglomerate Berkshire Hathaway's ( BRK/A ) website, in an apparent effort to ward off people trying to capitalize on his reputation. In light of the increased usage of social media, there have been numerous fraudulent claims regarding Mr. Buffett's endorsement of...

09:21 AM EDT, 10/23/2024 (MT Newswires) -- SatixFy Communications Ltd. , a player in next-generation satellite communication systems based on in-house-developed chipsets, on Wednesday signed new agreements in aggregate valued at $5 million, alongside an immediate prepayment of a previously announced $5 million associated with an amendment to an existing contract with MDA Space Ltd. ( MDALF ) , a...

09:20 AM EDT, 10/23/2024 (MT Newswires) -- GlobalFoundries ( GFS ) said Wednesday it has partnered with NXP Semiconductors ( NXPI ) to advance next-generation services in various markets, including automotive, IoT, and smart mobile devices. The partnership will use GlobalFoundries' ( GFS ) 22FDX technology to enhance power efficiency, performance, and NXP's products' time-to-market, GlobalFoundries ( GFS ) said....