|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||25.01 - 25.33|
|52 Week Range||18.81 - 26.71|
|Beta (3Y Monthly)||1.24|
|PE Ratio (TTM)||11.09|
|Forward Dividend & Yield||0.83 (3.30%)|
|1y Target Est||N/A|
Hong Kong Unites Against Beijing The Million Man March in Hong Kong doesn’t look like it’s causing the country’s “Chief Executive”, Carrie Lam (that’s what they call their political leader over there), who is widely considered a Beijing plant, to budge on an extradition bill to China. As far as Lam is concerned, “This bill […]The post Market Morning: Hong Kong Nerves, Airless Tires, Aerospace Mergers and Brexit Theats appeared first on Market Exclusive.
The latest earnings release Compagnie Générale des Établissements Michelin's (EPA:ML) announced in December 2018...
Michelin Group announced it will partner with Swedish-based self-driving startup company Einride this week at the Movin'On Summit for sustainable mobility in Montreal. Michelin said it will first test Einride's autonomous, cab-less freight-hauling electric truck, called the T-pod, at its gated tire production facilities in Clermont-Ferrand, France in 2020 before testing the technology on public roads. Enride said that road freight transportation accounts for between 5-7 percent of all global CO2 emissions.
General Motors (NYSE:GM) and Michelin (OTCMKTS:MGDDY) have announced plans to release airless tires in the future.Source: General MotorsThe new airless tires that the two companies are working on are called the "MICHELIN Uptis Prototype. They can also be called the "Unique Puncture-proof Tire System." The two companies are planning to have these tires ready for passenger vehicles by 2024.According to GM, it is planning to start out real-world testing of these new airless tires later this year. This will have the company using them on a fleet of Chevrolet Bolt EVs. The company notes that the advantages of these tires include no more flats or blowouts. There's also less raw material needed to make the tires, which can reduce waste.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSteve Kiefer, Senior Vice President of Global Purchasing and Supply Chain at GM, has this to say about the airless tires."General Motors is excited about the possibilities that Uptis presents, and we are thrilled to collaborate with Michelin on this breakthrough technology. Uptis is an ideal fit for propelling the automotive industry into the future and a great example of how our customers benefit when we collaborate and innovate with our supplier partners." * The 10 Best Stocks for 2019 -- So Far Michelin is also showing off the tires in action via YouTube video on its official channel. You can check it out for yourself below!GM stock and MGDDY stock were both up slightly as of Wednesday afternoon. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Retailers Including Disney Agree to Ditch On-Call Scheduling * The 10 Best Stocks for 2019 -- So Far * 7 Small-Cap ETFs to Buy Now As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post GM, Michelin to Bring Airless Tires to Cars by 2024 appeared first on InvestorPlace.
Michelin rolled out its new high-tech airless tire for passenger vehicles at the kick off of the Movin'On Summit for sustainable mobility on June 4 in Montreal. The prototype, the Michelin Uptis, is part of a joint research partnership with General Motors. The goal is to roll out the renewable tire on passenger vehicles as early as 2024.
SAN FRANCISCO (AP) — A former employee of celebrated chef Thomas Keller is suing him and his three-star Michelin restaurants — Per Se in New York and the French Laundry in California — for discrimination, saying she was denied a job transfer and ultimately let go because she was pregnant.
If you want to know who really controls Compagnie Générale des Établissements Michelin (EPA:ML), then you'll have to...
PARIS (Reuters) - French tyre maker Michelin has agreed to buy telematics company Masternaut for an undisclosed amount, in a deal Michelin said would increase its presence in the field of customer services. ...
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Michelin reported higher first quarter sales, helped by its recent acquisitions of the Camso and Fenner businesses, and the French tyre maker stuck to its 2019 financial guidance for a rise in annual, underlying profits. Michelin confirmed its 2019 targets for volume growth in line with global market trends, and for a segment operating profit level above that of 2018 on a like-for-like basis, and structural free cash flow of more than 1.45 billion euros. "In difficult markets, we once again demonstrated the resilience afforded by our group's exposure to different economic sectors, allowing us to confirm our 2019 guidance," said Michelin CEO Jean-Dominique Senard in a statement.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at Compagnie Générale des Établissements Michelin's (EPA:ML) P/E ratio and reflect on what it tells us about the co...
Michelin-starred fine dining is passé. As evidenced by the exploding popularity of street food, good eats these days are found at trucks and carts tucked away outdoors, prepared by families with decades of hard graft behind them, and not a single experience of culinary school. Enter Netflix's new series, Street Food, which tells the stories of these chefs as they cook up a dazzling array of noodles, soups and snacks on the streets of nine Asian countries.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Today we'll look at Compagnie Générale des Établissements Michelin (EPA:ML) and reflect on its potential as an investment. In...
Marriott International executives know what people have thought about its dining options for the past few years or, well, decades. Namely, that the food and bar options were likely consistent and convenient, but that’s simply code for “boring” and “uninspired.” They are so aware of this commonly held conception of the hotel restaurant — a […]
Chris Kong has cooked for celebrities such as Guy Savoy, Daniel Humm and, reportedly, Beyonce. But, last year, the 32-year-old quit the glitz and glamour of Michelin-starred kitchens for his own.
On Tuesday, Michelin announced a new guide covering the entire state of California, expanding beyond its current San Francisco/Bay Area guide. Coverage will extend from San Diego to the Bay Area, covering, of course, Los Angeles but also Orange County, Santa Barbara, Monterey, and Sacramento. The guide, which was announced at an event in Sacramento, […]
European shares closed higher on Tuesday as investors cheered positivity around U.S.-China trade talks and signs of a compromise to avoid another U.S. government shutdown, while Michelin's results pumped up automotive stocks. The pan-European STOXX 600 was up 0.5 percent, with Germany's trade-sensitive DAX advancing 1 percent and Paris' CAC 40 up 0.8 percent. Automakers and their suppliers were the biggest gainers, up 2.9 percent after Michelin delivered better than expected results and pledged further gains in operating profit this year despite challenging conditions.
By Sudip Kar-Gupta PARIS (Reuters) - Michelin's shares surged on Tuesday after the French tyre maker pledged further gains in operating profit this year despite challenging conditions in its main markets. ...
Underneath two-star Michelin restaurant Atera in Lower Manhattan is an actual working farm. Using LED lighting and hydroponics, Farm.One grows rare herbs and greens for some of New York City's top restaurants. We talk to the founder Rob Laing about his venture and get a taste of what he's growing.