Hyundai Q2 profit falls 21% on softer sales, rising costs

Hyundai Q2 profit falls 21% on softer sales, rising costs

Hyundai Q2 profit falls 21% on softer sales, rising costs
A major conglomerate is offloading one of the nation’s most recognizable auto service chains, but not some of the real estate it occupies. Mavis Tire Express Services is purchasing Pep Boys from Carl Icahn’s Icahn Enterprises for $700M in cash, the buyer announced Tuesday. The brand, which has 800 locations, will allow New York-based Mavis to expand its…
One of the most important discussions happening since the Space Exploration Technologies (SPCX 6.72%) initial public offering (IPO), and the one that’s perhaps the most relevant to the investing community, is how the IPO impacts index investors. While the SpaceX IPO was the largest in history and highly oversubscribed, there are plenty of investors out…
Prediction markets continue to expand into new products, new distribution channels, and new regulatory frameworks. This week brought developments across all three. Kalshi Looks Beyond Crypto Perpetuals Kalshi is preparing to expand its perpetual futures business beyond crypto, discussing contracts tied to foreign exchange, metals, and energy with regulators. According to Reuters, the exchange has…
Segro adds £6m in annual rent with three new Coventry warehouse leases Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post Segro signs 540,000 sq ft of…
The bonds were issued unrated and first became impaired in September 2020, according to MMA President Matt Fabian. Palm Bay Academy became the latest Florida charter school to default on bonds. Processing Content The bond trustee, UMB Bank, N.A., posted to the MSRB’s EMMA website that “holders of substantially all of the bonds” had reached…
Time to rise and grind, Upper East Siders, as a new coffee shop and bakery is set to open at Avenues Equity Partners’ 1410 Madison Avenue in Carnegie Hill. Family-owned coffee shop and bakery Cafe Aroma has taken 2,200 square feet of retail space at the base of the five-story residential building, according to landlord…