Category: Trucking News

Today’s Pickup: BYD And Toyota Announce Joint BEV Venture

Chinese electric vehicle maker BYD and Toyota Motor Corp (NYSE: TM) have announced a new joint venture focused on researching and developing battery electric vehicles. Scheduled to launch in China in 2020, the venture will design and develop electric vehicles and platforms. The former are intended for the Chinese market, and will be designed to "be attractive to Chinese customers," according to a release....

Sell-Side Likes The Outlook For Activision Blizzard, Take-Two Interactive

Activision Blizzard, Inc. (NASDAQ: ATVI) and Take-Two Interactive Software (NASDAQ: TTWO) not only had strong September quarters, but look good heading into next year sell-side analysts said, suggesting company guidance on the near-future may be too conservative. Morgan Stanley's Brian Nowak kept an Overweight rating and $60 price target on Activision Blizzard. UBS analyst Eric Sheridan maintained a Buy rating and $56 price target on Activision Blizzard....