Ferrari N.v.: Completion of the Seventh Tranche of the Multi-Year Share Repurchase Program
- M aranello (Italy), March 7, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that, following the accelerated bookbuild offering made by Exor N.V. on February 26, 2025, the Company participated in the offering by purchasing No. 666,666 common shares for a total consideration of 299,999,700 Euro (the “Transaction”).
- 03/07/2025
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These 3 Iconic Brands Just Announced Bigger Dividend Payouts
- To build a company that stands out, marketing experts all say one thing: "Branding is everything." Although creating an iconic brand is easier said than done, once achieved, it can have remarkable benefits for a business.
- 03/07/2025
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FERRARI PUBLISHES AGENDA FOR THE 2025 AGM
- Maranello (Italy), March 5, 2025 - Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announced today that it has published the agenda and the explanatory notes for the 2025 Annual General Meeting of Shareholders (“AGM”), which will be held on April 16, 2025 in Amsterdam, beginning at 9:00 a.m. CEST.
- 03/05/2025
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Ferrari stake sale sparks surge, European block trades hit two-decade high
- The sale of a multi-billion euro stake in Ferrari NV has set off a chain reaction in European equity markets, sparking a surge in block trade activity. The Agnelli family's strategic disposal, valued at €3 billion ($3.
- 02/27/2025
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Ferrari: Announcement of the Seventh Tranche of the Multi-Year Share Repurchase Program by Participating as a Purchaser in Exor's Accelerated Bookbuild Offering
- Ferrari, following the accelerated bookbuild offering announced by Exor on February 26, 2025, intends to repurchase up to 10% of Exor's total offering up to a maximum of Euro 300 million This share repurchase is to be considered as a part of Ferrari's multi-year Euro 2.0 billion share buyback program as announced during our 2022 CMD. It will constitute the seventh tranche and it will be financed by Ferrari's cash on hand On February 20, 2025, Ferrari completed the sixth tranche announced on December 5, 2024 Maranello (Italy), February 26, 2025 – Ferrari N.V.
- 02/26/2025
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OSK or RACE: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Oshkosh (OSK) or Ferrari (RACE). But which of these two stocks is more attractive to value investors?
- 02/21/2025
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FERRARI RELEASES ITS 2024 ANNUAL REPORT AND FILES ANNUAL REPORT ON FORM 20-F
- M aranello (Italy), February 21, 2025 - Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2024 Annual Report and filed with the United States Securities and Exchange Commission its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2024. The 2024 Sustainability Statement, prepared for the first time in accordance with the requirements from the European Sustainability Reporting Standard (ESRS) on a voluntary basis, is included in the 2024 Annual Report.
- 02/21/2025
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DIVIDEND DISTRIBUTION PROPOSAL
- Maranello (Italy), February 20, 2025 - Ferrari N.V. (NYSE/EXM: RACE) (the “Company”) announced today that its Board of Directors intends to recommend to the Company's shareholders a dividend distribution to the holders of common shares of Euro 2.986 per common share, with an increase of approximately 22% compared to the prior year and corresponding to a total distribution of approximately Euro 534 million.
- 02/20/2025
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Ferrari: The 2025 Investment Thesis
- Ferrari ended 2024 with strong results, beating expectations and providing a promising outlook for 2025. The company's business model thrives on brand desirability and scarcity, with consistent execution and favourable demand/supply ratios. For 2025, Ferrari is expected to achieve higher growth driven by new models and non-car segments, including key catalysts like the EV launch and Lewis Hamilton's first year.
- 02/17/2025
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Struggling Europe automakers have no choice but to 'take the situation as it is': Analyst
- Horst Schneider of BofA Global Research discusses the struggles faced by Europe's auto sector due to the increasing Chinese competitiveness, made worse by potential Trump tariffs. Meanwhile he highlights that Europe may cut back on their emission regulation targets and reduce their push for electric vehicles.
- 02/11/2025
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), February 10, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Sixth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
- 02/10/2025
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Meet the Supercharged Auto Stock That's a Better Buy Than Tesla
- Few stocks have generated investor wealth like Tesla . In the past decade, shares of the electric vehicle (EV) pioneer have soared 2,420%.
- 02/10/2025
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Ferrari stock price forms a rare bullish pattern, but risks remain
- Ferrari stock price has pulled back in the past few months as some investors question its growth trajectory and demand for its vehicles. RACE has crashed by 10% from its highest level in 2024, meaning that it is in a technical correction.
- 02/10/2025
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Look inside the Ferrari-inspired mansion that sold for a record-breaking $50.5 million
- Tour the Ferrari-inspired mansion that broke a local record in Delray Beach, Florida, when it sold for $50.5 million last week. The almost 22,000-square-foot megahome known as Casa Maranello is named after the city in Italy that is home to Ferrari.
- 02/07/2025
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ALSN or RACE: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Allison Transmission (ALSN) or Ferrari (RACE). But which of these two stocks offers value investors a better bang for their buck right now?
- 02/05/2025
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Watch CNBC's full interview with Ferrari CEO Benedetto Vigna
- Ferrari CEO Benedetto Vigna discusses the company's quarterly and full-year results, the potential impact of U.S. tariffs and the firm's new Formula 1 team with Lewis Hamilton.
- 02/05/2025
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Ferrari CEO: Fully electric car 'an important addition'
- Ferrari CEO Benedetto Vigna speaks to CNBC's Charlotte Reed after the luxury carmaker reported a significant upswing in full-year net profit and flagged further growth this year.
- 02/05/2025
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Ferrari's Magic: Why It Keeps Beating Estimates, And Will Continue Doing So
- Ferrari has consistently exceeded earnings expectations, driven by solid fundamentals and a unique business model that emphasizes exclusivity and personalization. Ferrari topped estimates once again and disclosed ambitious goals for FY2025. In the meantime, investors are waiting for the October unveiling of the first all-electric model.
- 02/05/2025
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Ferrari forecasts continued growth in 2025
- Ferrari beat expectations in 2024 and foresees more growth in 2025, a year which will see the arrival of its first fully electric car and the first shipments of its latest "super car."
- 02/05/2025
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Ferrari N.V. (RACE) Q4 2024 Earnings Call Transcript
- Ferrari N.V. (NYSE:RACE ) Q4 2024 Earnings Conference Call February 4, 2025 9:00 AM ET Company Participants Nicoletta Russo - Head of Investor Relations Benedetto Vigna - Chief Executive Officer Antonio Picca Piccon - Chief Financial Officer Conference Call Participants Susy Tibaldi - UBS Stephen Reitman - Bernstein Michael Binetti - Evercore ISI Monica Bosio - Intesa SanPaolo Anthony Dick - ODDO BHF Henning Cosman - Barclays Thomas Besson - Kepler Cheuvreux George Galliers - Goldman Sachs Adam Jonas - Morgan Stanley Tom Narayan - RBC Operator Good day, and thank you for standing by.
- 02/04/2025
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Why Ferrari Stock Was Racing Higher Today
- Shares of Ferrari (RACE 6.98%) were surging today after the luxury carmaker posted a strong fourth-quarter earnings report, with sales up an impressive 14%.
- 02/04/2025
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Ferrari reveals launch date of first electric car, says Trump policies won't derail new models
- The EV will be one of six new models the company plans to roll out this year, its CEO said.
- 02/04/2025
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Ferrari (RACE) Q4 Earnings and Revenues Top Estimates
- Ferrari (RACE) came out with quarterly earnings of $2.28 per share, beating the Zacks Consensus Estimate of $1.89 per share. This compares to earnings of $1.74 per share a year ago.
- 02/04/2025
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Ferrari Stock Rises. Why the Luxury Auto Maker Is Defying China Sales Slump.
- The Italian supercar maker has defied a slowdown in China that has plagued many of its luxury peers.
- 02/04/2025
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Luxury carmaker Ferrari posts 21% uptick in full-year profit, sees 2025 growth
- Luxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product mix and growing demand for personalization.
- 02/04/2025
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Ferrari offers cautious guidance. The stock revs higher anyway.
- Sports-car maker Ferrari reported a jump in fourth-quarter profit, buoyed by product mix even as shipments grew just 2%.
- 02/04/2025
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Ferrari sees further growth this year after beating forecasts in FY 2024
- Luxury sports car maker Ferrari said on Tuesday its revenues and core earnings would rise this year, supported by strong product delivery and increased demand for personalisation after meeting targets for 2024.
- 02/04/2025
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ANOTHER YEAR OF STRONG PERFORMANCE, ALL 2024 TARGETS EXCEEDED. FURTHER GROWTH IN 2025.
- “Quality of revenues over volumes: I believe this best explains our outstanding financial results in 2024, thanks to a strong product mix and a growing demand for personalizations. On these solid foundations, we expect further robust growth in 2025, that will allow us to reach one year in advance the high-end of most of our profitability targets for 2026” said Benedetto Vigna, CEO of Ferrari. “Last year's results reflect a great teamwork that involved all our Company's souls. This teamwork was also visible in a very competitive racing season. The will to progress that has always characterized Ferrari has led to innovation in our infrastructure, with the inauguration of the e-building; in our products, best highlighted by the new supercar, the Ferrari F80; and in R&D, with the new E-Cells Lab that will further strengthen our electrochemical knowledge to prepare us for the future. And we will reveal more of our future on 9 October at our Capital Markets Day.”
- 02/04/2025
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), February 3, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Sixth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
- 02/03/2025
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POLARIS RZR PRO R FACTORY: THE INDUSTRY'S ONLY OEM-PRODUCED RACE-READY SIDE-BY-SIDE NOW AVAILABLE FOR PURCHASE
- Unmatched. Unwavering, Unforgettable. Polaris Delivers Winning Performance to Racers With 30 Purpose-Built RZR Pro R Factory Machines Scanlon Clarke Industries (SCi) and RZR Factory Racing Team Set to Provide Sale Support MINNEAPOLIS , Jan. 31, 2025 /PRNewswire/ -- Polaris Off Road , the leader in off-road vehicle innovation, today announces the availability of the RZR Pro R Factory - a groundbreaking race-ready platform developed by the RZR Racing division and proven in the world's toughest races.
- 01/31/2025
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), January 27, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Sixth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
- 01/27/2025
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The Best Electric Vehicle Stock You Never Saw Coming
- When you think of the next big electric vehicle (EV) stock, you might think of those vying to be the next Tesla, such as Rivian Automotive. Or you might try your luck with a next-generation battery developer, QuantumScape.
- 01/26/2025
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FERRARI TO ANNOUNCE 2024 FULL YEAR AND FOURTH QUARTER FINANCIAL RESULTS ON FEBRUARY 4
- Maranello (Italy), January 24, 2025 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the full year and fourth quarter of 2024 will be released on Tuesday, February 4, 2025.
- 01/24/2025
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Adam Ferrari Announces Annie O'Brien as the 2024 Recipient of the Adam Ferrari Health Science Scholarship
- Adam Ferrari proudly announces Annie O'Brien, a nursing student at Marquette University, as the 2024 Adam Ferrari Health Science Scholarship recipient. Adam Ferrari proudly announces Annie O'Brien, a nursing student at Marquette University, as the 2024 Adam Ferrari Health Science Scholarship recipient.
- 01/22/2025
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Phoenix Capital Group CEO Adam Ferrari Announces Winner of 2024 Scholarship
- DENVER--(BUSINESS WIRE)--Phoenix Capital Group Holdings, LLC, a leading energy investment firm specializing in oil and gas exploration and production across key basins in North America, is pleased to announce Skyler Meuse as the recipient of the 2024 Phoenix Capital Group Scholarship. Meuse, a Petroleum Engineering student at Texas A&M University, was chosen for his passion for the energy industry, innovative mindset, and dedication to advancing the field of oil and gas. Inspired by a famil.
- 01/22/2025
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ALSN vs. RACE: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Allison Transmission (ALSN) and Ferrari (RACE). But which of these two stocks offers value investors a better bang for their buck right now?
- 01/20/2025
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), January 20, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Sixth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
- 01/20/2025
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2025 Corporate Calendar
- Maranello (Italy), 17 January 2025 - Ferrari N.V. (the “Company”) (NYSE/EXM: RACE) announced today the following corporate calendar for year 20251:
- 01/17/2025
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Global auto industry faces tectonic shifts in 2025, Bank of America analysts say
- The global automotive landscape is poised for significant transformation in 2025, with new shifts driven by growing excess capacity in China, the rise of domestic players, and evolving regulatory dynamics, according to Bank of America's latest commentary on key auto industry themes. Bank of America analysts highlight that the global auto industry is in a state of shock due to profound changes, particularly in China, where overcapacity is leading to an export boom.
- 01/14/2025
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), January 13, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Sixth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
- 01/13/2025
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Top 50 High Quality Dividend Growth Stocks - January 2025
- I track 50 high-quality dividend stocks, updating their valuations daily to identify Strong Buy, Buy, Hold, and Trim opportunities based on historical free cash flow trends. Using my quality score and valuation ratings I identified 8 opportunities from this list today. All 8 of these stocks have a strong track record and appear to be fairly or attractively valued today.
- 01/12/2025
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2 'Must-Buy' Turnaround Plays For 2025
- 2 'Must-Buy' Turnaround Plays For 2025
- 01/12/2025
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Adam Ferrari Health Science Scholarship Application Window Closes
- DENVER, Jan. 10, 2025 (GLOBE NEWSWIRE) -- The application period for the 2024 Adam Ferrari Health Science Scholarship , sponsored by The Ferrari Foundation, has officially closed. This $20,000 scholarship program, spearheaded by Adam Ferrari, CEO of Phoenix Capital Group , attracted an impressive and diverse group of first-year health science students from across the country. These aspiring healthcare professionals share a common goal: to improve care for individuals with physical disabilities.
- 01/10/2025
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2 One-of-a-Kind Stocks to Buy in 2025
- If you want to find one-of-a-kind investments, you need to look for businesses that are doing something better than any competitor, or those doing something that's never been done. Both Ferrari (RACE 1.38%), and QuantumScape (QS -9.06%) fit that bill.
- 01/10/2025
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Adam Ferrari, CEO of Phoenix Capital Group, Announces Close of Scholarship Applications for Future Energy Leaders
- DENVER--(BUSINESS WIRE)--Phoenix Capital Group Holdings, LLC, an emerging leader in domestic oil and gas production, has officially closed applications for the 2024 Phoenix Capital Group Scholarship. This $15,000 award attracted an impressive pool of first-year college students pursuing careers in the oil and gas industry, underscoring the company's dedication to empowering the next generation of energy professionals. With the December 15, 2024, deadline now behind us, the scholarship committee.
- 01/10/2025
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STRT or RACE: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Strattec Security (STRT) or Ferrari (RACE). But which of these two stocks presents investors with the better value opportunity right now?
- 12/23/2024
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This Luxury Goods Superstar Is Making a $4 Million Supercar. Is the Stock a Buy Today?
- Meet Ferrari's (RACE 0.38%) newest supercar, the F80. While it might be nearly impossible to get your hands on one, considering Ferrari's notorious exclusivity with selling its vehicles, it's likely to help power the automaker's future profits.
- 12/22/2024
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), December 20, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Sixth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
- 12/20/2024
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), December 16, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on December 5, 2024, as the sixth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Sixth Tranche”), the following common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
- 12/16/2024
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Ferrari has Formula One in its DNA, CEO says after Cadillac supply deal
- Ferrari Chief Executive Benedetto Vigna said Formula One was in the DNA of the company as earlier on Tuesday it announced it would supply engines and gearboxes to a new Cadillac Formula One team in a multi-year agreement from 2026.
- 12/10/2024
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FERRARI ENTERS A MULTI-YEAR AGREEMENT WITH ANDRETTI FORMULA RACING
- Maranello (Italy), December 10, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces a multi-year agreement starting from 2026 with Andretti Formula Racing LLC, regarding the supply of power unit and gearbox to the racing team led by TWG Global and General Motors, subject to Andretti Formula Racing LLC receiving written confirmation from the FIA – F1 that its entry to the 2026 FIA Formula One Championship has been accepted and approved.
- 12/10/2024
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STRT vs. RACE: Which Stock Is the Better Value Option?
- Investors interested in Automotive - Original Equipment stocks are likely familiar with Strattec Security (STRT) and Ferrari (RACE). But which of these two companies is the best option for those looking for undervalued stocks?
- 12/09/2024
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Ferrari: Debunking Misconceptions About A Disappointing Third Quarter
- Ferrari's shares declined due to misconceptions about China, unit shipments, and non-recurring operations, presenting a buying opportunity. The decline in shipments is due to an ERP transition, and the China reduction is intentional. Ferrari's unique market position, strong brand, and prudent management justify its high valuation and promise market-beating returns.
- 12/05/2024
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Trump's tariff threats have rattled Europe's auto giants — but Ferrari appears remarkably unfazed
- President-elect Donald Trump has vowed to impose steep tariffs on China, Canada and Mexico in one of his first acts in office, threatening to shake up the auto industry's supply chains and raising investor concerns about higher costs. The fact that Europe was not mentioned in Trump's first tariff announcement will be regarded as welcome news for European Union policymakers, although the 27-nation bloc is likely worried that it's just a matter of time before Trump turns his attention to the region's auto sector.
- 11/28/2024
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AutoScheduler.AI Hosts Free LinkedIn Live Event with Industry Analyst Bob Ferrari
- AutoScheduler.AI Free Event, “Supply Chain 2025: What to Expect (and What Not to) in a Volatile World,” Takes Place December 5, 2024, at 2:00 PM ET
- 11/27/2024
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1 Magnificent Stock Up Almost 700% in 9 Years: Is It a No-Brainer Buying Opportunity Right Now?
- 1 Magnificent Stock Up Almost 700% in 9 Years: Is It a No-Brainer Buying Opportunity Right Now?
- 11/23/2024
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), November 22, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the New York Stock Exchange (NYSE) as follows:
- 11/22/2024
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STRT or RACE: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Strattec Security (STRT) or Ferrari (RACE). But which of these two stocks is more attractive to value investors?
- 11/20/2024
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MEXC introduces a Ferrari Giveaway with a 10,000,000 USDT prize pool
- SINGAPORE, Nov. 18, 2024 (GLOBE NEWSWIRE) -- MEXC, a leading cryptocurrency exchange, has launched a Ferrari Giveaway event that features a notable prize pool of 10,000,000 USDT. This initiative aims to provide users with a unique opportunity to win a Ferrari SF90 Stradale and other exclusive items while engaging with the platform. The event is open for participation until December 17, 2024, welcoming users from around the world.
- 11/18/2024
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Capitalize On Rising Global Inequality With Ferrari Stock Ownership
- Ferrari's exclusivity and strong brand, bolstered by its Formula 1 success, drive high demand and pricing power, ensuring robust revenue and operating leverage. Despite a recent 10% stock dip, Ferrari's Q3 2024 results showed impressive EBITDA and FCF growth, where conservative management guidance is often exceeded. Ferrari's unique low-volume, high-margin strategy, extensive customizations, and strong client relationships ensure recurring revenue and profitability without needing high production increases.
- 11/12/2024
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), November 11, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
- 11/11/2024
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MEXC Launches Ferrari Giveaway Event With 10 Million USDT Prize Pool
- SINGAPORE, Nov. 11, 2024 (GLOBE NEWSWIRE) -- MEXC, a globally recognized cryptocurrency exchange, has unveiled its “Ferrari Giveaway” event, inviting users worldwide to register and participate for a chance to win prizes from a 10,000,000 USDT pool. Registration opens on November 11, 2024, at 07:00 (UTC), with the event running from November 17 to December 17, 2024. Participants can compete for multi-million dollar prizes, including the grand prize of a Ferrari SF90 Stradale.
- 11/11/2024
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Phoenix Capital Group CEO Adam Ferrari Announces Continued Production Growth in the Williston Basin
- Denver, Colorado, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Phoenix Capital Group CEO Adam Ferrari recently shared significant milestones from the company's Williston Basin drilling operations in North Dakota's Bakken Formation. After releasing impressive production numbers from the company's Nate Pad in early October, Ferrari announced the successful completion of five 3-mile horizontal wells on both the Daniele and Axel Ferrari pads. Phoenix is now managing 37 gross operated wells, with 32 currently in production, marking the rise of the 5-year-old company as a top producer in the basin.
- 11/07/2024
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Adam Ferrari and Phoenix Capital Group Sponsor STEM and Mental Health Initiatives with West Point Society of North Texas
- DALLAS, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Adam Ferrari, CEO of Phoenix Capital Group , announced a $2,000 sponsorship in collaboration with The West Point Society of North Texas to advance STEM education and mental health resources within the region. This sponsorship reflects Ferrari's dedication to supporting impactful community programs that align with Phoenix Capital Group's mission of giving back through education and well-being initiatives.
- 11/05/2024
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Ferrari N.V. (RACE) Q3 2024 Earnings Call Transcript
- Ferrari N.V. (NYSE:RACE ) Q3 2024 Earnings Conference Call November 5, 2024 9:00 AM ET Company Participants Nicoletta Russo - Head of Investor Relations Benedetto Vigna - Chief Executive Officer Antonio Picca Piccon - Chief Financial Officer Conference Call Participants Thomas Besson - Kepler Cheuvreux John Murphy - Bank of America Merrill Lynch George Galliers - Goldman Sachs Adam Jonas - Morgan Stanley Monica Bosio - Intesa SanPaolo Michael Binetti - Evercore Tom Narayan - RBC Henning Cosman - Barclays Stephen Reitman - Bernstein Anthony Dick - ODDO BHF Michael Tyndall - HSBC Daniel Schwarz - Stifel Operator Good day and thank you for standing by.
- 11/05/2024
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Ferrari Q3 Earnings: Lower Shipments Is Great News
- Ferrari's Q3 report shows a deliberate 2.2% decrease in shipments, while revenues increased by 6.5% and EPS rose by 14.3% to EUR 2.08. The company's strategy focuses on exclusivity and high-margin personalization, with a significant order book extending into 2026 and the sold-out F80 model. Ferrari's 2024 guidance is conservative, with expected revenues above EUR 6.55B and industrial FCF potentially reaching EUR 1B, setting up a strong FY2025.
- 11/05/2024
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Ferrari (RACE) Q3 Earnings and Revenues Beat Estimates
- Ferrari (RACE) came out with quarterly earnings of $2.29 per share, beating the Zacks Consensus Estimate of $2.11 per share. This compares to earnings of $1.98 per share a year ago.
- 11/05/2024
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Ferrari reverses from all-time high as investors take profits
- Ferrari (NYSE:RACE) shares went into reverse on Tuesday, having hit an all-time high two months ago as the sportscar manufacturer reported a decline in shipments but backed its full-year outlook. The Italian group posted third-quarter results showing net revenues of €1.6 billion, up 6.5%, with total shipments down 2.2% to 3,383.
- 11/05/2024
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Ferrari reiterates guidance as China deliveries fall sharply
- Ferrari on Tuesday reiterated guidance that it had increased earlier in the year as the sports-car maker said shipments fell sharply in China.
- 11/05/2024
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Ferrari Stock Is Falling After Earnings Met Wall Street's Expectations
- The sports car manufacturer is less dependent on the Chinese market than other sellers of luxury goods.
- 11/05/2024
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Ferrari's core profit rose 7% in Q3 supported by product mix, personalisations
- Ferrari said on Tuesday its core earnings rose 7% in the third quarter, despite a slight decrease in vehicle shipments, as the luxury sports car maker continued to benefit from a richer product offer and increased demand for personalisation.
- 11/05/2024
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CONTINUOUS EARNINGS GROWTH AND EVEN MORE CONFIDENCE IN THE FULL YEAR GUIDANCE
- “The third quarter once again shows growing results for Ferrari, driven by a strong product mix and increased personalizations" said Benedetto Vigna, CEO of Ferrari. "It confirms our commitment to deliver on the promises we made at our Capital Markets Day in 2022, along with the exceptional order book visibility well into 2026, continuous product innovation – as evidenced by the F80 supercar just unveiled – and process innovation, with the strengthening of our in-house electrification expertise. The shutdown of the Maranello gas-fueled trigeneration plant, ahead of target, also marks a further step towards our 2030 carbon neutrality goal”.
- 11/05/2024
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STRT vs. RACE: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Strattec Security (STRT) and Ferrari (RACE). But which of these two stocks is more attractive to value investors?
- 11/04/2024
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), November 4, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
- 11/04/2024
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Ferrari stock forms a dangerous pattern ahead of earnings
- Ferrari (RACE) stock price has done well this year, rising by 40%, and making it one of the best-performing players in the automobile industry. It rallied to a record high of $497.68 on September 3, bringing its valuation to almost $90 billion.
- 11/04/2024
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Super Micro, Ferrari, Marriott, Airbnb, Novo Nordisk, and More Stocks to Watch This Week
- U.S. Election Day, a Federal Reserve meeting, and earnings reports from around 100 S&P 500 companies.
- 11/03/2024
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AI Chip Leader, Ferrari Headline Next Earnings Wave, But These Risks Loom
- The earnings calendar for next week includes Arm Holdings and Ferrari. Both stocks are testing the 50-day moving averages.
- 11/01/2024
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POLARIS UNLEASHES THE LIMITED-EDITION RZR PRO R RACE REPLICA - INSPIRED BY RZR'S RACING CHAMPIONSHIP DNA
- Exclusive Limited Edition RZR Honors Polaris' Global Desert Racing Success With Race-Livery Styling and Upgraded Componentry Upgrades Include Color-Matched Fang Lighting, Method Race Wheels ® , BFGoodrich ® Tires, RIGID ® Lighting and Rockford Fosgate ® Stage 6 Audio MINNEAPOLIS , Oct. 29, 2024 /PRNewswire/ -- Polaris Off Road , the leader in off-road innovation, today unleashed the new RZR Pro R Race Replica Limited Edition. The vehicle pays homage to the dominance of the Polaris RZR Pro R Factory race UTV - the only OEM-developed race UTV, undefeated for nearly two years in SCORE series racing and victorious at the 2024 Dakar Rally.
- 10/29/2024
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Ferrari Gears Up to Report Q3 Earnings: Here's What to Expect
- The Zacks Consensus Estimate for RACE's third-quarter earnings and revenues is pegged at $2.11 per share and $1.80 billion, respectively.
- 10/29/2024
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Ferrari (RACE) Earnings Expected to Grow: Should You Buy?
- Ferrari (RACE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/29/2024
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), October 28, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
- 10/28/2024
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FERRARI AND SHELL RENEW THEIR PARTNERSHIP
- Maranello (Italy), 23 October 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” o la “Società”) is pleased to announce the multi-year renewal of its partnership with Shell, signed today. This agreement, which will take effect on 1 January 2026, encompasses Scuderia Ferrari HP, Ferrari Hypercar, and the Ferrari Challenge Series.
- 10/23/2024
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Will Ferrari (RACE) Beat Estimates Again in Its Next Earnings Report?
- Ferrari (RACE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 10/22/2024
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Ferrari To Rally Around 18%? Here Are 10 Top Analyst Forecasts For Tuesday
- Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
- 10/22/2024
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Ferrari: Horsepower And Pricing Power
- Ferrari's unique brand and pricing power are unmatched. The company's moat and wealthy customer base make it especially resilient. Even over the long term, as the company already fosters a decade-long pipeline of customers. While Ferrari is a one-of-a-kind company, its valuation more than reflects that. Making a "Hold" rating is the only sensible decision at the current price.
- 10/22/2024
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Phoenix Capital Group CEO Adam Ferrari Reports Strong Well Performance in Williston Basin
- Denver, Colorado, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Phoenix Capital Group CEO Adam Ferrari recently announced exciting results from the company's latest operated wells in the Williston Basin, North Dakota. Since becoming an operator in the region in September 2023, Phoenix has rapidly expanded its footprint, now managing 37 gross operated wells, with 26 currently in production. Most of the wells are less than a year old, marking Phoenix's swift growth as a top producer in the basin.
- 10/21/2024
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), October 21, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
- 10/21/2024
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STRT or RACE: Which Is the Better Value Stock Right Now?
- Investors with an interest in Automotive - Original Equipment stocks have likely encountered both Strattec Security (STRT) and Ferrari (RACE). But which of these two stocks presents investors with the better value opportunity right now?
- 10/18/2024
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FERRARI TO ANNOUNCE THIRD QUARTER 2024 FINANCIAL RESULTS ON NOVEMBER 5
- Maranello (Italy), October 16, 2024 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the third quarter of 2024 will be released on Tuesday, November 5, 2024.
- 10/16/2024
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If Trump wins, get ready to finance that Ferrari
- The GOP presidential nominee's pitch to make car-loan interest tax deductible would be a boon to wealthy taxpayers.
- 10/15/2024
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), October 14, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
- 10/14/2024
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This Ferrari Analyst Turns Bullish; Here Are Top Upgrades For Friday
- Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
- 10/11/2024
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Market Navigator: Trading Ferrari to the downside
- Tony Zhang, Options Play chief strategist, joins 'Power Lunch' to discuss trading Ferrari to the downside.
- 10/07/2024
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), October 7, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
- 10/07/2024
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STRT vs. RACE: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Strattec Security (STRT) and Ferrari (RACE). But which of these two companies is the best option for those looking for undervalued stocks?
- 10/02/2024
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Scoop up These 4 GARP Stocks to Receive Handsome Returns
- The GARP strategy helps investors gain exposure to stocks that have impressive prospects and are trading at a discount. RACE, VERX, RMD and HUBB are some stocks that hold promise.
- 10/02/2024
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), October 1, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
- 10/01/2024
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Ferrari shuts down gas-fuelled plant to double solar production
- Ferrari has shut down a methane gas-fueled electricity generation plant its home town of Maranello as it aims to double its solar power production, the Italian luxury sports carmaker said on Tuesday.
- 10/01/2024
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Ferrari stock is severely overvalued: is it an attractive buy?
- Ferrari, the biggest merchant of super expensive super cars, has also become one of the most expensive companies in Wall Street. Its stock has jumped by 40% this year and by 736% since going public almost a decade ago.
- 09/29/2024
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Best Momentum Stocks to Buy for September 27th
- MHO, RACE and AHR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 27, 2024.
- 09/27/2024
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Ferrari Expands Legacy With Upcoming Vehicle. The Stock Is Still a Buy.
- Ferrari is planning to enter the electric vehicle market. The automaker's margins dwarf those of its competitors.
- 09/27/2024
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New Strong Buy Stocks for September 27th
- SKM, RACE, OKTA, MHO and MARUY have been added to the Zacks Rank #1 (Strong Buy) List on September 27, 2024.
- 09/27/2024
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From Track To Ticker: Evaluating Ferrari And Lamborghini
- Ferrari and Lamborghini are luxury supercar brands targeting high-net-worth individuals. Since the Volkswagen takeover, Lamborghini has climbed its way up to being considered Ferrari's closest peer. Lamborghini doesn't yet publicly trade on the market, but hints suggesting an upcoming IPO are piling up.
- 09/24/2024
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), September 23, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
- 09/23/2024
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Where Will Ferrari Stock Be in 10 Years?
- Ferrari's stock has risen ninefold over the past nine years. Its scarcity and pricing power sets it apart from other automakers.
- 09/22/2024
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How Early Buying At The Green Light Won The Race For Ferrari Stock
- An early gain at the starting line left our Ferrari trade with a good finish.
- 09/20/2024
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4 GARP Stocks to Scoop up for Maximum Returns
- Try the GARP strategy when seeking a profitable portfolio of stocks offering optimum value and growth investing. HCA, HUBB, RACE and VERX are some stocks that hold promise.
- 09/17/2024
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STRT or RACE: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Strattec Security (STRT) and Ferrari (RACE). But which of these two stocks is more attractive to value investors?
- 09/16/2024
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), September 16, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
- 09/16/2024
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), September 10, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
- 09/10/2024
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Ferrari N.v.: Periodic Report on the Buyback Program
- aranello (Italy), September 2, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
- 09/02/2024
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FERRARI AND UNICREDIT TOGETHER FOR A MULTI-YEAR PARTNERSHIP
- Maranello, September 2, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (‘Ferrari' or the ‘Company') announces that, effective January 1, 2025, UniCredit S.p.A. will partner with Ferrari S.p.A., its wholly-owned subsidiary, to be at its side in its Formula 1 racing activities under a multi-year agreement.
- 09/02/2024
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FERRARI AND SANTANDER END THEIR PARTNERSHIP
- Maranello, August 30, 2024 - Ferrari N.V. (NYSE/ EXM: RACE) (‘Ferrari' or the ‘Company') announces the termination of the partnership between Ferrari S.p.A., its wholly-owned subsidiary, and Santander, effective as of December 31st, of 2024 since the committed three-year contract will end.
- 08/30/2024
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Calls of the Day: Ferrari, Cleveland Cliffs, Carlyle Group and BlackRock
- The Investment Committee debate the latest Calls Of The Day.
- 08/27/2024
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Here's why Ferrari's stock can zoom past $500, Morgan Stanley says
- Ferrari N.V.'s “resilient and proven business model” led Morgan Stanley on Tuesday to raise its price target on the luxury carmaker's stock to $520, among the highest forecasts on Wall Street.
- 08/27/2024
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Calls of the Day: Ferrari, Snowflake, Lululemon, Mastercard, Sweetgreen, Shake Shack and Live Nation
- The Investment Committee discuss the latest Calls of the Day.
- 08/20/2024
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3 Consumer Discretionary Stocks to Buy and Hold for Great Long-Term Potential
- Tapestry owns famous brands such as Kate Spade and Coach and has been delivering solid growth over the years. Ralph Lauren is a luxury apparel brand that has broad appeal and is steadily growing its worldwide presence.
- 08/19/2024
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Ferrari Stock Is Racing To New Highs Along With This New IPO
- Recent new issue OneStream and Ferrari are at new highs and in buy zones. The relative strength line is at a new high for OneStream.
- 08/16/2024
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1 Phenomenal Stock Up 166% in 5 Years: Is It Too Late to Buy?
- Strong revenue and earnings growth have propelled Ferrari. The company's brand stands for exclusivity, leading to impressive pricing power.
- 08/15/2024
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Ferrari Stock Breaks Out — And There's More To The Excitement Than Lewis Hamilton
- Rising profit estimates, stock buybacks and EV ambitions have sent Ferrari stock to record highs.
- 08/14/2024
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Ferrari: After Q2 Earnings Beat, Consensus Estimates Still Seem Low
- Ferrari reported strong second quarter results, beating estimates with revenue growth, margin improvement, and EPS growth. The company's unique business model, scarcity of products, and control over sales contribute to consistent growth and margin expansion. Analyst consensus on Ferrari's valuation and growth potential is underestimated, with the company expected to outperform expectations in the future.
- 08/04/2024
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ALSN vs. RACE: Which Stock Should Value Investors Buy Now?
- Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Allison Transmission (ALSN) and Ferrari (RACE). But which of these two stocks is more attractive to value investors?
- 08/02/2024
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The Top 3 Auto Stocks to Buy Now: Summer 2024
- At the moment, the concept of acquiring auto stocks might seem counterproductive. After all, the consumer economy is struggling under the weight of inflation and high borrowing costs.
- 08/01/2024
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Ferrari Lifts Full-Year Guidance on Q2 Shipment Growth
- Ferrari (RACE) boosted its full-year guidance when delivering second-quarter results that topped revenue expectations on Thursday.
- 08/01/2024
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Ferrari N.V. (RACE) Q2 2024 Earnings Call Transcript
- Ferrari N.V. (NYSE:RACE ) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Benedetto Vigna - Chief Executive Officer Antonio Picca Piccon - Chief Financial Officer Conference Call Participants John Murphy - Bank of America Merrill Lynch Michael Binetti - Evercore ISI George Galliers - Goldman Sachs Thomas Besson - Kepler Cheuvreux Henning Cosman - Barclays Stephen Reitman - Bernstein Martino de Ambroggi - Equita Anthony Dick - ODDO BHF Monica Bosio - Intesa SanPaolo Operator Good day, and thank you for standing by.
- 08/01/2024
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Ferrari (RACE) Q2 Earnings and Revenues Beat Estimates
- Ferrari (RACE) came out with quarterly earnings of $2.46 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $1.99 per share a year ago.
- 08/01/2024
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Ferrari ups FY forecasts after strong Q2 on larger offer, personalisations
- Ferrari on Thursday raised its forecasts for its full-year revenues core earnings, after the luxury sports car maker beat estimates in the second quarter, supported by a richer product offer and increased demand for personalisations.
- 08/01/2024
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Q2 2024 RESULTS CONFIRM STRONG EXECUTION AND CONTINUED GROWTH 2024 GUIDANCE REVISED UPWARD
- Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results(1) for the second quarter and six months ended June 30, 2024:
- 08/01/2024
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Will Ferrari (RACE) Beat Estimates Again in Its Next Earnings Report?
- Ferrari (RACE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 07/31/2024
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Ferrari & Stellantis chairman John Elkann on family auto legacy, auto pressures and luxury demand
- Stellantis and Ferrari chairman John Elkann joins 'Squawk Box' to discuss the Agnelli family auto legacy, pressures facing the auto industry, sustainability efforts at the Paris Olympic games, state of luxury demand, and more.
- 07/30/2024
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Ferrari shores up cooperation with Italian tax authority to ensure transparency
- Ferrari said on Tuesday its Dutch parent company Ferrari N.V. has strengthened ties with the Italian tax authority by joining a compliance programme that includes regular and preemptive checks aimed at preventing potential tax disputes.
- 07/30/2024
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), July 30, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
- 07/30/2024
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3 Stocks With Clear Upside Potential for the Future
- “The person that turns over the most rocks wins the game,” prominent investor Peter Lynch famously said regarding investing. This basically means that investors need to do a lot of digging and research in order to find quality stocks in which to invest their capital.
- 07/25/2024
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Ferrari (RACE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Ferrari (RACE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/25/2024
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Ferrari to accept crypto-payments in Europe
- Italian luxury carmaker Ferrari said Wednesday its European dealers will start accepting cryptocurrency, following a similar move in the United States.
- 07/24/2024
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Ferrari extends cryptocurrency payment system to Europe after US launch
- Ferrari said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars to its European dealers network from the end of this month, after starting in the United States last year.
- 07/24/2024
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Ferrari: Quantitative Analysis Suggests The Stock Is Overvalued
- Ferrari leads the Luxury Performance Car Industry with a 25% market share and plans to release its first electric car in Q4 2025. Financial performance is strong, with revenue growth of 7% and earnings growth of 12%, but the stock's growth prospect is limited. Despite excellent business performance, Ferrari shares are overvalued based on P/E, suggesting caution for potential investors.
- 07/23/2024
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CNBC takes a tour of Ferrari's new e-building
- CNBC gained exclusive access to Ferrari's HQ in Maranello, Italy, to explore the company's new ventures into electrification. — Charlotte Reed, Vivi Vitalone, Ed Matthews and Itunu Olowookere contributed to this report.
- 07/22/2024
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Emotion can come from different technologies: Ferrari CEO
- Benedetto Vigna, the CEO of Ferrari, discusses the company's venture into electric vehicles as the company prepares to unveil its first fully electric car by the end of 2025.
- 07/22/2024
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), July 22, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
- 07/22/2024
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ALSN or RACE: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Allison Transmission (ALSN) and Ferrari (RACE). But which of these two stocks presents investors with the better value opportunity right now?
- 07/17/2024
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Ferrari to Announce Second Quarter 2024 Financial Results on August 1
- Maranello (Italy), July 17, 2024 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the second quarter of 2024 will be released on Thursday, August 1, 2024.
- 07/16/2024
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QYLD: Buying A Ferrari Only To Set Its Speed Limit At 100 Mph
- QYLD is an ETF that employs a covered call strategy on the Nasdaq index, giving away upside potential when the market rallies. The fund pays out monthly dividends with an 11% distribution yield, but lags behind the Nasdaq in terms of total return. For income generation with more upside potential, consider the Columbia Seligman Premium Technology Growth Fund (STK) as an alternative.
- 07/10/2024
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As the E.V. Revolution Slows, Ferrari Enters the Race
- Growth in electric vehicle sales has been slowing, but the Italian luxury carmaker is stepping up investment and setting ambitious targets.
- 07/06/2024
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Ferrari N.v.: Periodic Report on the Buyback Program
- Maranello (Italy), July 4, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fifth Tranche”), the common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
- 07/04/2024
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3 No-Brainer EV Stocks to Buy With Lower Interest Rates in 2025
- The electric vehicle (EV) market has slowed in 2024 but is poised for explosive growth over the next decade. As the global economy shifts to greener and more sustainable energy solutions, finding the best EV stocks to buy will be a strategic move.
- 07/02/2024
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Ferrari launches battery replacement scheme to preserve performance, value of its cars
- Luxury sports car maker Ferrari on Monday announced two new warranty extension schemes allowing owners of its hybrid models to have the batteries of their vehicles replaced at given times.
- 07/01/2024
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OSK vs. RACE: Which Stock Is the Better Value Option?
- Investors with an interest in Automotive - Original Equipment stocks have likely encountered both Oshkosh (OSK) and Ferrari (RACE). But which of these two stocks presents investors with the better value opportunity right now?
- 06/28/2024
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Ferrari N.V.: Completion of the Fourth Tranche and Announcement of the Fifth Tranche of the Multi-Year Share Repurchase Program
- Maranello (Italy), June 28, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fourth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
- 06/28/2024
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How Ferrari Is Future-Proofing Its Business As A Battle Of The Supercar Stocks Looms
- The first electric Ferrari supercar and Tesla Roadster may both arrive in 2025. Ferrari stock rose near a buy point and Tesla also rallied.
- 06/25/2024
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), June 24, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fourth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
- 06/24/2024
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Ferrari (RACE) Gets Into The E.V. Game
- The new Ferrari (RACE) factory in Italy is set to house both the E.V. and hybrid production.
- 06/21/2024
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Ferrari Unveils New EV Factory in Italy
- Ferrari has unveiled a new factory in Italy where it build the company's first all-electric supercar. The site in Maranello will also make hybrid models and cars powered by combustion engines.
- 06/21/2024
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Ferrari says new plant will boost flexibility, shorten car development times
- Ferrari will use its new production site to boost manufacturing flexibility and shorten the time needed to develop and roll out new models, rather than to increase output, the CEO of the Italian luxury sports carmaker said on Friday.
- 06/21/2024
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Why I Can't Bring Myself to Buy Ferrari
- I have been neutral on Ferrari NV (RACE, Financial) for some time. However, with momentum dwindling and the stock's valuation unjustifiable in my view, I am expecting to see the car company give back some of its gains in the second half of the year.
- 06/21/2024
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Ferrari to unveil new 'e-building': Here's what to know
- CNBC's Robert Frank joins 'Squawk Box' to discuss the latest news from Ferrari.
- 06/21/2024
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Ferrari's first electric car reportedly to cost whopping $500K: ‘Increasing demand out there'
- The price tag, which doesn't include features and personal touches that typically add 15-20%, is well above the average sale price of around 350,000 euros, including extras, for a Ferrari in the first quarter of this year.
- 06/20/2024
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JLR and Ferrari in firing line as China urged to retaliate 'severely' against EU tariffs
- Chinese carmakers have urged Beijing to hit back against European Union tariffs on electric vehicles (EVs) with "the most severe measures" At a private meeting organized by China's Ministry of Commerce, car manufacturers reportedly called on their government to retaliate by imposing tariffs on imported European vehicles with high-powered engines, Bloomberg reported today. German carmakers and Britain's Jaguar Land Rover, which makes Land Rover Discovery and Land Rover Defender models in Slovakia, could be affected, along with the Italian luxury brand Ferrari (NYSE:RACE), said the report.
- 06/20/2024
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Wall Street Favorites: 3 Auto Stocks With Strong Buy Ratings for June 2024
- Amidst positive market trends and robust financial performance, several analysts have rated strong buy auto stocks to capitalize on the industry's growth. The auto sector is well on its way to a strong recovery this year after a rough 2023.
- 06/19/2024
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Ferrari EV model to cost €500,000, reports reveal
- Ferrari (NYSE:RACE)'s maiden electric vehicle will cost a minimum of €500,000, amid plans for the luxury carmaker to open a site aimed at developing the new model, reports from Reuters revealed. A new production plant is expected to help boost manufacturing of the EV, hybrids and ICEs by as much as a third.
- 06/19/2024
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Exclusive: Ferrari's first electric car to cost over $500,000, source says
- Ferrari's first electric car will cost at least 500,000 euros ($535,000), a source familiar with the matter told Reuters, as the luxury automaker prepares to open a plant that will make the model - and could boost group production by up to a third.
- 06/19/2024
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), June 17, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fourth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
- 06/17/2024
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Ferrari: Few Near-Term Catalysts, Wait For A Dip
- We believe there are a few near-term positive catalysts in 2024 and those might already be priced in. Order book is normalizing, and there is an expectation for a luxury sector valuation reset. Still, Ferrari's valuation looks full, and we continue to remain on the sideline.
- 06/14/2024
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OSK vs. RACE: Which Stock Should Value Investors Buy Now?
- Investors with an interest in Automotive - Original Equipment stocks have likely encountered both Oshkosh (OSK) and Ferrari (RACE). But which of these two stocks presents investors with the better value opportunity right now?
- 06/12/2024
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), June 10, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fourth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
- 06/10/2024
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), June 3, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fourth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
- 06/03/2024
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Why I'm Not Selling My Ferrari Stock Even After a 100% Gain
- Ferrari's stock has soared over the past two years. Its business model is well insulated from the macro headwinds.
- 06/01/2024
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OSK or RACE: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Oshkosh (OSK) or Ferrari (RACE). But which of these two stocks is more attractive to value investors?
- 05/27/2024
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), May 27, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fourth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
- 05/27/2024
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Ferrari's New Electric Supercar 'Unique': CEO
- Ferrari CEO Benedetto Vigna is confident the manufacturer's first fully electric supercar can sell just as well as its roaring combustion-engine models. In an exclusive interview with Bloomberg's Francine Lacqua.
- 05/23/2024
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China EV Rivalry a 'Call to Action' For Europe: Ferrari CEO
- Ferrari CEO Benedetto Vigna says the trade spat with China over electric vehicles is a 'call to action' for Europe. Tensions between China and Europe are growing as a deadline approaches for the European Union to announce the results of a probe into Beijing's EV subsidies.
- 05/23/2024
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China Market Needs to 'Mature': Ferrari CEO
- Ferrari CEO Benedetto Vigna says the Chinese market needs more time to mature. In an exclusive interview with Bloomberg's Francine Lacqua, Vigna said China sales won't top 10% and the country isn't beneficial for Ferrari's margins.
- 05/23/2024
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Ferrari CEO Vigna on Electric Car Plans, China Market Share
- Ferrari CEO Benedetto Vigna discusses the luxury carmaker's electric-vehicle plans and the luxury autos market in China, which he says needs more time to mature. Ferrari's first fully electric car — to be introduced late next year — will be “unique in all the respect,” Vigna tells Bloomberg Television's Francine Lacqua.
- 05/23/2024
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3 No Brainer EV Stocks to Buy and Hold for the Long Term
- Investing in the electric vehicle (EV) sector is not for the weak, and comes with a lot of risk and turbulence. Therefore, finding the best EV stocks to buy and hold is crucial to avoid losing your money.
- 05/22/2024
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FERRARI ANNOUNCES SETTLEMENT OF ITS NOTES OFFERING
- corporate. ferrari.com Maranello (Italy), 21 May 2024 – Ferrari N.V. (NYSE/EXM: RACE) announces the settlement of the offering, previously announced, of Euro 500 million in aggregate principal amount of 3.625% notes due on 21 May 2030, with an issue price of 99.677% (the “Notes”).
- 05/21/2024
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), May 20, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fourth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) and on the New York Stock Exchange (NYSE) as follows:
- 05/20/2024
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3 Things You Must Know About Ferrari Before You Buy the Stock
- Ferrari should be viewed more like a luxury brand and less like a regular auto business. Targeting some of the wealthiest people on the planet leads to durable demand trends.
- 05/15/2024
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Ferrari Pricing of Issue of Notes
- Maranello (Italy), 14 May 2024 – Ferrari N.V. (NYSE/EXM: RACE) (the “Issuer”) today announces the pricing of a Euro 500 million issue of notes due in May 2030 (the “Notes”), being well over two times oversubscribed. The issue price of the Notes is equal to 99.677% of their principal amount and the Notes have a fixed annual coupon of 3.625%. The proceeds of the issue will be used for general corporate purposes.
- 05/14/2024
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- M aranello (Italy), May 13 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fourth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
- 05/13/2024
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Ferrari Announces Offering of Notes
- NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON
- 05/13/2024
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OSK vs. RACE: Which Stock Is the Better Value Option?
- Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Oshkosh (OSK) or Ferrari (RACE). But which of these two stocks is more attractive to value investors?
- 05/10/2024
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Ferrari: A Cautious Buy On This Luxury Powerhouse
- Ferrari: A Cautious Buy On This Luxury Powerhouse
- 05/09/2024
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Is Ferrari Stock a Buy?
- Ferrari has no problem growing its revenue and earnings in virtually any economic environment. One key to the company's success is the powerful brand, which will drive results over the long term.
- 05/08/2024
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BP, Disney, Peloton, Crocs, Ferrari, Boeing, UBS, Palantir - Markets Defused
- Markets Defused aims to present an easy-to-understand and straightforward recap of the day's most engaging stock market news. BP profits ‘miss' expectations Disney drops but streaming turns first profit Peloton stock rallies on takeover talk Crocs stock stomps higher despite Heydude slippage Ferrari revved up financial results, investor wanted more UBS financials smashed expectations Boeing on back foot again as FAA launches investigation Palantir's 2024 revenue forecast got a big AI boost BP profits ‘miss' expectations London-listed oil major BP PLC (LSE:BP.
- 05/07/2024
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Ferrari N.V. (RACE) Q1 2024 Earnings Call Transcript
- Ferrari N.V. (NYSE:RACE ) Q1 2024 Earnings Conference Call May 7, 2024 9:00 AM ET Company Participants Nicoletta Russo - Head of Investor Relations Benedetto Vigna - Chief Executive Officer Antonio Picca Piccon - Chief Financial Officer Conference Call Participants George Galliers - Goldman Sachs John Murphy - Bank of America Tom Narayan - RBC Capital Markets Monica Bosio - Intesa SanPaolo Adam Jonas - Morgan Stanley Michael Binetti - Evercore ISI Stephen Reitman - Bernstein SG Anthony Dick - ODDO BHF Martino de Ambroggi - Equita Gianluca Bertuzzo - Intermonte SIM Thomas Besson - Kepler Cheuvreux Gabriele Gambarova - Banca Akros Henning Cosman - Barclays Operator Good day and thank you for standing by.
- 05/07/2024
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Ferrari Falls Despite Earnings Beat as Shipments Remain Flat
- Ferrari (RACE) shares fell in intraday trading Tuesday after the luxury car maker's shipped vehicles were roughly flat in the first quarter, even as earnings topped expectations.
- 05/07/2024
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Ferrari shares fall as guidance held despite better profit
- Ferrari (NYSE:RACE) fell over 3% on Tuesday after sticking with guidance despite reporting double-digit revenue and profit growth for the first quarter. Adjusted earnings climbed 12.7% to €605 million over the three months to March, Ferrari reported, as margins expanded from 37.6% to 38.2%.
- 05/07/2024
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Ferrari reports double digit profits and revenues in earnings today, reaffirms 2024 guidance
- Luxury supercar maker Ferrari reported positive earnings for Q1 2024 today, proving that companies which cater to the rich and famous have had far less of the inflationary pressures of other brands. Encouraging sales from the12Cilindri and 12Cilindri Spider models, as well as a higher percentage of clients personalising their already bespoke vehicles, were great contributors.
- 05/07/2024
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Ferrari's core earnings rose in Q1, sticks to FY guidance
- Ferrari said on Tuesday its core earnings rose 13% in the first quarter of the year as the luxury sports car maker was supported by pricing power and product mix, as well as by a greater contribution from personalisation.
- 05/07/2024
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Robust Mix Sustained a Strong Start to the Year
- Robust Mix Sustained a Strong Start to the Year Net revenues of Euro 1,585 million, up 10.9% versus prior year, with total shipments of 3,560 units $1flat versus Q1 2023 Adjusted EBIT(1) of Euro 442 million, up 14.8% versus prior year, with adjusted EBIT(1) margin of 27.9% Adjusted net profit(1) of Euro 352 million and adjusted diluted EPS(1) at Euro 1.95 Adjusted EBITDA( 1 ) of Euro 605 million, up 12.7% versus prior year, with adjusted EBITDA(1) margin of 38.2% Industrial free cash flow(1) generation of Euro 321 million “The start of the year was very positive: revenues and profits recorded double-digit growth with stable deliveries. This was achieved through an even stronger product and country mix as well as a greater contribution from personalizations.
- 05/07/2024
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Stock Market Crash Alert: 3 Must-Buy Auto Stocks When Prices Plunge
- With the market digesting all the tough news around us, it may be time to consider auto stocks to buy once the red ink subsides. It's a speculative venture to be sure yet fortune favors the bold.
- 05/06/2024
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), May 6, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the “Fourth Tranche”), the additional common shares - reported in aggregate form, on a daily basis - on the Euronext Milan (EXM) as follows:
- 05/06/2024
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A Week Of Fast-Moving Stocks Ahead: Disney, Toyota, Ferrari, Constellation
- As the earnings season moves into final innings, some fast-moving names led by Disney, Ferrari and Constellation are due to report.
- 05/03/2024
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The 3 Best Luxury Stocks Catering to the Affluent Consumer
- Did you know that most major luxury stocks have consistently outperformed the market in recent years? The industry's strongest brands have benefited substantially from a growing number of affluent consumers willing to spend generously on brands renowned for their quality, refinement, and overall prestige.
- 05/03/2024
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Ferrari appeals to traditional base with two new V12 cars
- Luxury sports car maker Ferrari has unveiled two new models, the 12Cilindri and the 12Cilindri Spider, appealing to lovers of its most powerful roaring petrol engines.
- 05/02/2024
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Ferrari and HP strike multi-year F1 sponsorship deal
- Hewlett Packard Enterprise Co (NYSE:HPE, ETR:2HP) shares moved higher after it was announced the information technology company has entered into a multi-year partnership with Ferrari (NYSE:RACE) to become the title sponsor of its car racing teams, including for Formula 1 (F1). The two companies announced on Wednesday that the HP logo will debut on Maranello F1 cars ahead of the Miami Grand Prix, scheduled for May 3 to 5, when the team will start competing under its new team name Scuderia Ferrari (NYSE:RACE) HP.
- 04/24/2024
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MOD or RACE: Which Is the Better Value Stock Right Now?
- Investors interested in Automotive - Original Equipment stocks are likely familiar with Modine (MOD) and Ferrari (RACE). But which of these two stocks is more attractive to value investors?
- 04/24/2024
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Ford Doesn't Have a Ferrari Division, but Ford Pro Could Be a Stock Catalyst
- Ford believes its Pro commercial business will provide an earnings boost thanks to the power of connectivity, data, and software.
- 04/23/2024
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Volkswagen holds keys to Porsche's race against Ferrari
- Porsche AG's ability to close a hefty valuation discount to top rival Ferrari could hinge on whether its main owner, Volkswagen, is prepared to take a step back, giving the German sports car maker more freedom to cut costs and shape its future.
- 04/23/2024
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FERRARI TO ANNOUNCE FIRST QUARTER 2024 FINANCIAL RESULTS ON MAY 7
- Maranello (Italy), April 22, 2024 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the first quarter of 2024 will be released on Tuesday, May 7, 2024.
- 04/22/2024
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He Loves Speed, Hates Bureaucracy and Told Ferrari: Go Faster
- A tech executive with a new management strategy took the wheel of the luxury carmaker. Then it was off to the races.
- 04/19/2024
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3 High-Priced Stocks That Should Follow Chipotle's 50-for-1 Split
- On March 19, Chipotle Mexican Grill (NYSE: CMG ) announced the first stock split in its history. When it comes to high-priced stocks, they don't get much higher than Chipotle.
- 04/15/2024
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Ferrari (RACE) Introduces Innovative Battery Research Lab
- Ferrari's (RACE) new laboratory is dedicated to the research of lithium battery cells.
- 04/10/2024
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MOD vs. RACE: Which Stock Is the Better Value Option?
- Investors with an interest in Automotive - Original Equipment stocks have likely encountered both Modine (MOD) and Ferrari (RACE). But which of these two companies is the best option for those looking for undervalued stocks?
- 04/08/2024
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Ferrari steps up battery know-how though no plans to make them
- Ferrari wants to increase its expertise in battery cells given their importance in its shift to electrified vehicles, but it has no plans to manufacture them itself, its CEO Benedetto Vigna said on Monday.
- 04/08/2024
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3 Cheap EV Stocks to Buy During the Market Slump
- The electric vehicle (EV) revolution is in full swing, with established automakers and innovative startups vying for market share. However, the notion of cheap EV stocks to buy is entirely relative, and a cheap valuation doesn't always reflect the company's long-term growth prospects.
- 04/02/2024
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Will Ferrari (RACE) Beat Estimates Again in Its Next Earnings Report?
- Ferrari (RACE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/02/2024
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The $5,000 Kickoff: 3 Smart Stocks to Jumpstart Your Quarter
- Wall Street is ready for the start of the second quarter, and this is the time for investors to take a good look at their portfolios. The first quarter was an excellent time to invest in stocks, with the Nasdaq and S&P 500 hitting new highs.
- 04/01/2024
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Ferrari: Valuation Isn't Attractive (Rating Downgrade)
- Ferrari released a lower than anticipated 2024 guidance. We provided four negative take to consider. A slower growth scenario could raise doubts about Ferrari's intrinsic value, so we moved our rating to neutral.
- 03/30/2024
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The Evolution of Formula 1 Racing
- Joshua Robinson and Jonathan Clegg are the authors of "The Formula: How Rogues, Geniuses, and Speed Freaks Reengineered F1 into the World's Fastest-Growing Sport."
- 03/30/2024
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3 Stocks to Sell as the Fear and Greed Index Hovers on ‘Extreme Greed'
- Is the stock market getting too euphoric? It's clear that the indexes are on fire right now, and the gains seem effortless as the markets keep notching new highs.
- 03/29/2024
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Ferrari to expand cooperation with battery supplier SK On
- Luxury sports car manufacturer Ferrari has entered a preliminary agreement with its electric-vehicle (EV) battery supplier SK On on further expansion of their cooperation.
- 03/27/2024
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Ferrari (RACE) Falls More Steeply Than Broader Market: What Investors Need to Know
- In the most recent trading session, Ferrari (RACE) closed at $437.97, indicating a -0.37% shift from the previous trading day.
- 03/26/2024
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Ferrari N.V. (RACE) Hit a 52 Week High, Can the Run Continue?
- Ferrari (RACE) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 03/26/2024
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ALSN or RACE: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Allison Transmission (ALSN) or Ferrari (RACE). But which of these two stocks presents investors with the better value opportunity right now?
- 03/22/2024
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Ferrari sued for failing to fix brake defects after major recalls
- According to a proposed class action, recalls in 2021 and 2022 to address leaking brake fluid were only an interim measure, allowing Ferrari to keep selling thousands of cars with defective brakes.
- 03/19/2024
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Ferrari cars are about the emotion you can deliver to the driver, says CEO
- Benedetto Vigna, CEO of Ferrari, discusses the upcoming electric model that Ferrari is producing and how Ferrari will retain its racing heritage and experience while aiming to go carbon neutral by 2030.
- 03/19/2024
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Ferrari is sued by US drivers over brake defect
- Ferrari has been sued in the United States by drivers who said the Italian luxury sports car maker has failed to fix vehicles at risk of a partial or total loss of braking capability.
- 03/19/2024
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These 2 Auto, Tires and Trucks Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
- 03/19/2024
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Ferrari boss promises 'emotion' won't be lost in EV engine roar
- Ferrari CEO Benedetto Vigna promised on Tuesday that the luxury carmaker's new electric vehicle will offer drivers the same roar as its historic combustion engines.
- 03/19/2024
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Time to Unload: 3 Overextended and Overvalued Stocks to Dump This Week
- After the market rallied to a new record high last week, there is plenty of talk about which overvalued stocks may be in danger zone. The S&P 500 nearly doubles its median price-to-earnings (P/E) ratio of 15, currently at a P/E of 28 times.
- 03/17/2024
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Ferrari (RACE) Declines More Than Market: Some Information for Investors
- Ferrari (RACE) reachead $420.38 at the closing of the latest trading day, reflecting a -0.49% change compared to its last close.
- 03/14/2024
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This Unstoppable Auto Stock Has Tripled in the Last 5 Years: Is It Time to Buy?
- In the last five years, Ferrari has grown revenue and earnings at impressive rates. The company's brand stands for luxury and exclusivity, leading to tremendous pricing power.
- 03/11/2024
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Jim Cramer looks at Europe's 'Super 7'
- 'Mad Money' host Jim Cramer looks at Europe's top performing stocks, deemed the 'Super 7'.
- 03/08/2024
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The European 'Super 7' is a great slate of companies, says Jim Cramer
- 'Mad Money' host Jim Cramer looks at Europe's top performing stocks, deemed the 'Super 7'.
- 03/08/2024
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Ferrari: Why It Remains An Attractive Investment For The 2020s
- Ferrari has delivered impressive returns to shareholders, averaging over 20% a year since being spun off from Fiat in 2014. The company's strategy of restricting supply and maintaining exclusivity has increased demand, with a 24-month waiting list to buy a car. Ferrari's strong financial performance, with record-breaking revenue and profits, justifies its expensive valuation and indicates potential for future growth.
- 03/08/2024
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MOD vs. RACE: Which Stock Should Value Investors Buy Now?
- Investors with an interest in Automotive - Original Equipment stocks have likely encountered both Modine (MOD) and Ferrari (RACE). But which of these two companies is the best option for those looking for undervalued stocks?
- 03/06/2024
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Ford Has a ‘Ferrari' Division. The e-Transit Van Is a Highlight.
- Auto maker Ford is celebrating the 10th anniversary of its Transit van with upgrades to the all-electric e-Transit version.
- 03/05/2024
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Green Giants: The 3 Must-Buy Green Energy Stocks for 2024
- The global fight against climate change has fueled a surge in investor interest towards green energy stocks. Companies operating in the renewable energy sector, like wind, solar, hydrogen, electric vehicles (EVs) and energy storage continue to attract increased attention.
- 02/27/2024
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Ferrari Q4: Blockbuster Dividend And 5-Year Profit High
- Be it pandemic or recession concerns, Ferrari N.V. sales have been resilient with an outsized growth in EPS and enough left for a substantial dividend payout along with growing net profits. The only blip on the radar seems to be the prospect of stringent emission criteria being enacted, which might attract substantial costs to ensure compliance.
- 02/26/2024
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China's BYD debuts $233K electric supercar to rival Ferrari and Lamborghini
- The world's largest electric vehicle-maker, BYD, launched a $233,450 battery-powered supercar that will rival not only Tesla, but also luxury gas-guzzlers sold at the likes of Ferrari and Lamborghini.
- 02/26/2024
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Ferrari heading to Soho after signing lease at 92 Prince St.
- Ferrari's fabled prancing horse is hoofing it to Soho. Retail sources tell us that the legendary Italian automaker has signed a lease at Marx Realty's 92 Prince St., which is currently home to a large Nespresso coffee bar.
- 02/25/2024
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MOD or RACE: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Modine (MOD) or Ferrari (RACE). But which of these two stocks is more attractive to value investors?
- 02/19/2024
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Earnings Season Winners: Analyst Upgrades for COIN, SHOP and RACE
- This earnings season has been an extremely optimistic time for the stock market. The Nasdaq is hitting new highs, and the strong reports are giving a much-needed boost to our economy.
- 02/19/2024
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Ford has a ‘Ferrari'? An unsung part of the business gets its due
- Ford Motor Co.'s stock shot higher Wednesday after a quarterly earnings beat, with analysts focusing on an unsung side of the business and an above-expectations 2024 guidance, but remaining cautiously optimistic about the carmaker.
- 02/07/2024
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Why Ferarri's Shares Zoomed 12% Higher This Week
- Ferrari delivered fewer cars in Q4, but continued to raise prices. Guidance for 2024 indicated that demand will continue to be strong for the automaker.
- 02/02/2024
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MOD vs. RACE: Which Stock Is the Better Value Option?
- Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Modine (MOD) or Ferrari (RACE). But which of these two stocks presents investors with the better value opportunity right now?
- 02/02/2024
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‘Massive for the sport': Lewis Hamilton's blockbuster move to Ferrari hailed as a major coup for F1
- The news sent shockwaves through Formula One, with 2009 world champion Jenson Button describing Hamilton's move to Ferrari as "massive for the sport."
- 02/02/2024
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Ferrari (RACE) is thriving as Tesla stock forms a death cross
- Ferrari (NYSE: RACE) and Tesla (NASDAQ: TSLA) have diverged as the automobile industry goes through major changes. Tesla shares have crashed by more than 50% from their peak and are already down by 37% from their highest point in 2023.
- 02/01/2024
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Lewis Hamilton Leaving Mercedes For Ferrari In 2025 In Bombshell F1 Move
- British Formula One star Lewis Hamilton will leave Mercedes at the end of the upcoming season and is set to join Ferrari in 2025, according to both teams, in what could be one of F1's biggest moves in nearly a decade.
- 02/01/2024
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Ferrari Stock Is Off to the Races on Earnings and Big F1 News
- The Ferrari biopic, starring Adam Driver as Enzo Ferrari, was snubbed in the Academy Awards race. The film got no Oscar nominations.
- 02/01/2024
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Why Ferrari Stock Is Off to the Races Today
- Ferrari beat on the top and bottom lines in 2023. Management forecasts more growth -- but slower growth -- in 2024.
- 02/01/2024
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Ferrari closes in on $100 bln market value on order strength
- Shares in Ferrari hit fresh record highs on Thursday, driving the luxury sports car maker's market value closer to the $100 billion mark after the Italian group predicted strong orders would deliver more growth.
- 02/01/2024
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Ferrari (RACE) Q4 Earnings and Revenues Top Estimates
- Ferrari (RACE) came out with quarterly earnings of $1.74 per share, beating the Zacks Consensus Estimate of $1.59 per share. This compares to earnings of $1.24 per share a year ago.
- 02/01/2024
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Ferrari finishes a record year by topping Wall Street's estimates
- The automaker reported a net profit of 1.26 billion euros ($1.36 billion) for 2023, including 294 million euros ($317.9 million) during the fourth quarter.
- 02/01/2024
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Formula 1 star Lewis Hamilton to leave Mercedes and join Ferrari in shock move: Reports
- Seven-time Formula 1 world champion Lewis Hamilton is on the cusp of a surprise move from Mercedes to Ferrari for the 2025 season, according to media reports.
- 02/01/2024
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Ferrari Stock Races Higher on Earnings. It's a Luxury Brand, Not a Car Company.
- Thursday, Ferrari reported fourth quarter earnings per share of €1.62. Wall Street was looking for €1.56.
- 02/01/2024
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Lewis Hamilton Will Reportedly Join Ferrari Next Year In Bombshell F1 Move
- British Formula One star Lewis Hamilton is reportedly set to leave Mercedes to join Ferrari in 2025, according to several news outlets, in what could be one of the sport's biggest moves in nearly a decade.
- 02/01/2024
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Hamilton to Ferrari: Shares rally as F1 great joins rival
- Lewis Hamilton will join Ferrari (NYSE:RACE) for the 2025 F1 season, sending shockwaves through both the sport and the car industry, reports revealed on Thursday. Hamilton, who has won seven world titles at Mercedes since joining in 2013, will leave the Brackley-based Formula One team to replace Carlos Sainz at Ferrari.
- 02/01/2024
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Ferrari sees 2024 full-year revenues, core profits growing further
- Luxury sports car maker Ferrari said on Thursday its revenues and core earnings would rise this year, supported by an "exceptional visibility" on its order book, and after broadly meeting targets for 2023.
- 02/01/2024
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Why the Market Dipped But Ferrari (RACE) Gained Today
- Ferrari (RACE) reachead $340.17 at the closing of the latest trading day, reflecting a +1.44% change compared to its last close.
- 01/26/2024
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Ferrari (RACE) Earnings Expected to Grow: Should You Buy?
- Ferrari (RACE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/25/2024
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Ferrari (RACE) Stock Declines While Market Improves: Some Information for Investors
- The latest trading day saw Ferrari (RACE) settling at $333.30, representing a -1.14% change from its previous close.
- 01/23/2024
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Ferrari (RACE) Suffers a Larger Drop Than the General Market: Key Insights
- Ferrari (RACE) reachead $343.29 at the closing of the latest trading day, reflecting a -0.99% change compared to its last close.
- 01/17/2024
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OSK or RACE: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Oshkosh (OSK) or Ferrari (RACE). But which of these two companies is the best option for those looking for undervalued stocks?
- 01/17/2024
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4 Must-Buy Efficient Stocks to Strengthen Your Portfolio
- Invest in companies like General Electric (GE), Deckers Outdoor (DECK), Ferrari (RACE) and YPF Sociedad Anonima (YPF) that are powered by higher efficiency levels.
- 01/16/2024
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1 Unheard-of Dividend Stock That Has Tripled the Market. Is It Still a Buy?
- REV Group is a designer of highly specialized vehicles and aftermarket parts. The company offers investors revenue transparency with a healthy backlog of orders.
- 01/14/2024
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If The Market Makes A Correction: These 2 Dividend Growth Stocks Are A Strong Buy
- If The Market Makes A Correction: These 2 Dividend Growth Stocks Are A Strong Buy
- 01/10/2024
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5 Solid Stocks to Buy on a Solid Jump in Factory Orders
- EMCORE Corporation (EMKR), Ferrari N.V. (RACE), RADCOM Ltd.
- 01/08/2024
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No Clue About 2024 Economy? Seizing Three (Dividend) Stocks On A Dip
- No Clue About 2024 Economy? Seizing Three (Dividend) Stocks On A Dip
- 01/08/2024
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Luxury Market Leaders: 3 High-End Brands to Upgrade Your Portfolio
- Wealthy consumers are getting a lot of credit for keeping the U.S. economy going. Despite the highest inflation rate in 40 years and the highest interest rates in nearly 25 years, the rich have continued to spend.
- 01/07/2024
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4 Large-Cap Auto Stocks for a Steady Investment Ride in 2024
- Secure your portfolio returns by harnessing the stability of large-cap automotive stocks like TM, RACE, ORLY and PCAR.
- 01/04/2024
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Ferrari: Outperformance Expected In 2024
- We forecast three additional upsides in 2024: customization, Sport Prototipi Clienti sales, and better FX evolution. Despite lower sponsorship from the F1 season, more races will offset the results. Better guidance and a solid order book make Ferrari a company to buy in 2024.
- 01/04/2024
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New Year, New Gains: The 3 Best Luxury Stocks to Buy for 2024
- The global luxury market is set to reach $1.5 trillion by the end of 2023. Consumer behavior reveals a predilection for lavish products, even against an uncertain financial backdrop.
- 01/02/2024
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3 luxury goods stocks to splurge on in 2024
- With the luxury goods sector steadily aiming to reclaim its pre-pandemic glory, the trajectory in 2023 has been marked by a resilient rebound. Amid the rebound, the appeal of luxury goods stocks persists, captivating investors in pursuit of blending luxury and financial prosperity.
- 12/30/2023
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Final Trades: Ferrari, American Express, Kinder Morgan, and Amazon
- The “Halftime Report” Investment Committee give their top picks to watch for the second half.
- 12/29/2023
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4 Top-Ranked Auto Stocks That Crushed the Market in 2023
- Despite high vehicle financing costs, auto sales witnessed growth on pent-up demand and improved inventory levels. Industry players like STLA, RACE, GP and CARG handily outpaced the market.
- 12/28/2023
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Top 3 Automotive Stock Picks for the New Year
- The automotive industry is one of the most important sectors for economic growth. With several automakers moving towards electrification, there are mixed opinions about the future of the industry.
- 12/28/2023
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Is Apple channelling Ferrari and Gucci with Vision Pro launch?
- Apple Inc (NASDAQ:AAPL, ETR:APC)'s high-concept Vision Pro headset could be wrapped around our faces as early as February next year, according to a Bloomberg article quoting “people with knowledge of the matter”. Chinese production is ramping up, with customer-bound units to be ready by the end of January, said these sources.
- 12/21/2023
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Worried About Inflation? Why Buying Stocks With This 1 Trait Could Be the Smartest Investing Move You Make in 2024.
- Inflation is cooling, but investors might worry that this will remain an issue going forward. Owning businesses that have pricing power is a smart way to invest in 2024 and beyond.
- 12/18/2023
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Ferrari (RACE) Stock Sinks As Market Gains: Here's Why
- In the most recent trading session, Ferrari (RACE) closed at $363.85, indicating a -1.64% shift from the previous trading day.
- 12/14/2023
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Porsche vs Ferrari stock: HSBC analyst picks a side
- Ferrari NV (BIT: RACE) has rallied close to 70% in 2023 but an HSBC analyst is convinced that it's as far as the stock goes for now. Ferrari stock receives a downgrade Michael Tyndall downgraded the luxury automaker this morning to “hold”.
- 12/13/2023
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Ferrari and Philip Morris to collaborate to cut carbon footprint of Italian plants
- Luxury sportscar maker Ferrari said on Wednesday it would work with tobacco company Philip Morris International (PMI) to study ways in which they could cut the carbon footprint of their factories in Italy's Emilia-Romagna region.
- 12/13/2023
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Ferrari (RACE) Beats Stock Market Upswing: What Investors Need to Know
- Ferrari (RACE) reachead $366.75 at the closing of the latest trading day, reflecting a +0.82% change compared to its last close.
- 12/08/2023
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Ferrari's $400,000 Purosangue is a dream to drive—just don't call it an SUV
- CNBC's Robert Frank takes Ferrari's first ever four-door car for a test drive. The Purosangue, or thoroughbred in Italian, is a V12 Ferrari designed with passenger doors and additional cargo space for peak utility as a daily driver.
- 12/07/2023
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Why Is Nobody Talking About This Stock That's Tripled in 5 Years?
- Financial data shows Ferrari is less impacted by economic downturns. Ferrari's margins are in a league of their own.
- 12/03/2023
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3 Overlooked Auto Winners in a Rapidly Evolving Industry
- Ferrari simply isn't like traditional auto investments. It's far superior.
- 12/01/2023
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3 EV Stocks That Could Be Multibaggers in the Making
- EV stocks are one of the hottest investing trends of the decade. But that doesn't mean investing in the sector won't come with its ups and downs.
- 11/28/2023
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Time-Tested Titans: 7 Stocks to Anchor Your Portfolio for 10 Years
- Finding the best stocks to buy and hold is important. Years may come and go, but one thing that needs to remain stable in your life is your finances.
- 11/27/2023
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Ferrari and Aston Martin ‘preferred' as auto market normalises - Barclays
- Ferrari (NYSE:RACE) and Aston Martin Lagonda Global Holdings PLC (LSE:AML) are among preferred European auto sector stocks as the market looks to be normalising, according to Barclays analysts. Looking ahead to 2024, Barclays said in a note that normalising market conditions meant high earnings from original equipment manufacturers were unlikely to carry through.
- 11/27/2023
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Ferrari's Profit Mastery Unveiled: The Path To Unprecedented Growth
- Ferrari's unique assets include strong earnings visibility, a growing target audience of ultra-high-net-worth individuals, and a strong shield from global economic changes. The company's business model focuses on exclusivity and restrictive volumes, which strengthens pricing power and customer satisfaction. Ferrari's profitability has significantly increased, with a focus on mix/price and personalization driving growth and margins. The company is sold out and expects strong momentum in personalization in the future.
- 11/25/2023
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11 Tesla Competitors: Discover Which Could Threaten The EV Carmaker's Dominate Run
- Sales of electric vehicles (EVs) rose by an order of magnitude between 2017 and 2022, from about 1 million to 10 million.
- 11/25/2023
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Ferrari CEO on new EV, Sustainability and Surging Demand
- Francine Lacqua sits down with Benedetto Vigna, CEO of Ferrari. Vigna is overseeing a new era, as the iconic carmaker, famous for its roaring engine, transitions to electric.
- 11/22/2023
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This Ferrari GTO from 1962 just sold for record-breaking $51.7 million at auction
- This car, chassis no. 3765, has become the most valuable Ferrari ever sold at auction and has the second-highest price ever achieved for any car at auction.
- 11/15/2023
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Iconic 1962 race car becomes most expensive Ferrari ever sold at auction
- A 1962 Ferrari has sold for a record $51.7m (£42m) at a Sotheby's auction in New York.
- 11/14/2023
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Tesla: Breaking Down Baron's Bull Thesis
- Legendary billionaire investor Ron Baron has a $5 billion profit in Tesla. Learn why he remains hyper-bullish on the world's leading EV-maker.
- 11/13/2023
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Ferrari to hire 250 in first half of next year, launch employee share plan
- Luxury sportscar maker Ferrari said on Monday it would hire 250 people in the first six months of next year and announced progammes for workers including a new share ownership plan and an enhanced bonus scheme.
- 11/13/2023
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Ferrari Reports Improved Profits, Expects Even More
- Ferrari races along, relentlessly making more money. After improving profits, it raised its forecast for the year, and analysts expect bottom line health to continue.
- 11/13/2023
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Earnings Season: 3 Companies Boosting Outlooks
- Earnings season continues to chug along, providing us with new quarterly prints each day. And regarding positive surprises, these three companies have delivered precisely that.
- 11/09/2023
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MOD or RACE: Which Is the Better Value Stock Right Now?
- Investors with an interest in Automotive - Original Equipment stocks have likely encountered both Modine (MOD) and Ferrari (RACE). But which of these two companies is the best option for those looking for undervalued stocks?
- 11/06/2023
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Cramer's Stop Trading: Ferrari
- CNBC's Jim Cramer explains why he is keeping an eye on shares of Ferrari.
- 11/06/2023
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Ferrari N.V. (RACE) Q3 2023 Earnings Call Transcript
- Ferrari N.V. (NYSE:RACE ) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Nicoletta Russo - Head of Investor Relations Benedetto Vigna - CEO & Executive Director Antonio Piccon - Chief Financial Officer Adam Jonas - Morgan Stanley Thomas Besson - Kepler Cheuvreux Stephen Reitman - Societe Generale Giulio Pescatore - BNP Paribas Monica Bosio - Intesa Sanpaolo Susy Tibaldi - UBS George Galliers - Goldman Sachs Martino De Ambroggi - Equita Henning Cosman - Barclays Anthony Dick - ODDO BHF John Murphy - Bank of America Operator Good day and thank you for standing by.
- 11/02/2023
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Ferrari deploys electronic device testing technique to speed EV car development
- Ferrari is relying on a technique normally used for tests of electronic devices to accelerate the development of its first fully electric car, which is expected in late 2025, Chief executive Benedetto Vigna said on Thursday.
- 11/02/2023
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Ferrari again raises guidance as customers opt for high-priced, personalized sports cars
- Ferrari raised guidance after its third-quarter profit surged 46% year over year. Its customers continue to load up their new Ferraris with expensive options.
- 11/02/2023
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Ferrari has no current plans to move registered office from the Netherlands
- Luxury sports carmaker Ferrari has no plans to transfer its registered office from the Netherlands at the moment, a spokesperson for the company said on Wednesday.
- 11/01/2023
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Ferrari (RACE) Earnings Expected to Grow: Should You Buy?
- Ferrari (RACE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/26/2023
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3 Growth Stocks That Will Make You Rich in 20 Years
- The current market volatility, while disconcerting, is opening up opportunities to buy strong growth stocks on the cheap. As share prices drop, some stocks that are usually expensive stocks become much cheaper.
- 10/25/2023
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7 Transportation Stocks That Are Changing the Way We Move
- The transportation industry is big business and generates billions upon billions of dollars annually. The movement of people and goods via planes, trains and automobiles is increasingly complicated and sophisticated in our global, interconnected world.
- 10/23/2023
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Restoring a Ferrari with an electric engine is either 'future-proofing' it or 'taking away its soul'
- Owning a classic car is a sensory experience.
- 10/20/2023
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Restoring a Ferrari with an electric engine is either 'future-proofing' it or 'taking away its soul'
- Owning a classic car is a sensory experience.
- 10/20/2023
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ALSN vs. RACE: Which Stock Is the Better Value Option?
- Investors interested in Automotive - Original Equipment stocks are likely familiar with Allison Transmission (ALSN) and Ferrari (RACE). But which of these two stocks is more attractive to value investors?
- 10/20/2023
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Ferrari (RACE) Declines More Than Market: Some Information for Investors
- The latest trading day saw Ferrari (RACE) settling at $303.49, representing a -1.96% change from its previous close.
- 10/18/2023
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Ferrari woos buyers with newer models, now accepting crypto
- Ferrari (RACE) is hosting a gala in New York City's Hudson Yards complex. While showcasing some of their historic vehicles, the automaker is also attempting to reach potentially new clientele.
- 10/17/2023
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Millions (or less) in Bitcoin and other crypto will now buy you a Ferrari
- Space travel, luxury watches and Starbucks all fall under the category of what consumers can buy with cryptocurrencies these days. Add Italian luxury sports cars to that list, as Ferrari RACE, +1.28% RACE, +0.44% reportedly is now accepting digital payments for its autos in the U.S., soon to be followed by Europe.
- 10/16/2023
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Ferrari Hopes Crypto Payments Can Widen Customer Base
- Ferrari has reportedly begun accepting cryptocurrency payments for its vehicles in the U.S. That's according to a Saturday (Oct. 14) report by Reuters, citing comments from the luxury carmaker's marketing chief. As Reuters noted, most blue-chip firms have avoided crypto, due to the volatility of the digital coins, regulation worries and their high energy use.
- 10/15/2023
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Ferrari to accept crypto as payment for its cars in the US
- Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in the U.S. and will extend the scheme to Europe following requests from its wealthy customers, its marketing and commercial chief told Reuters.
- 10/14/2023
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Ferrari CEO Vigna on Fully Electric Model Prototype
- "I like it a lot." Ferrari NV Chief Executive Officer Benedetto Vigna shares his take on the prototype of the Italian luxury automaker's first fully electric supercar that is scheduled to debut in 2025.
- 10/09/2023
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‘Ferrari building' continues leasing surge by adding private equity firm TriPost Capital
- As long as the Manhattan office market mostly stinks — despite cheering upticks in renewals and slightly reduced sublease availability — market-watchers are taking solace in modest success stories where they can be found. A good case in point is a leasing surge at 410 Park Ave.
- 10/08/2023
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Ferrari to Announce Third Quarter 2023 Financial Results on November 2
- Maranello (Italy), October 6, 2023 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the third quarter of 2023 will be released on Thursday, November 2, 2023.
- 10/06/2023
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Why Ferrari (RACE) is Poised to Beat Earnings Estimates Again
- Ferrari (RACE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 10/05/2023
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Lab owner who defrauded Medicare to forfeit $187 million, Ferrari
- Lab owner Minal Patel filed nearly $500 million in false claims to Medicare for genetic tests.
- 10/04/2023
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MOD vs. RACE: Which Stock Is the Better Value Option?
- Investors with an interest in Automotive - Original Equipment stocks have likely encountered both Modine (MOD) and Ferrari (RACE). But which of these two companies is the best option for those looking for undervalued stocks?
- 10/04/2023
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Scoop Up These 4 GARP Stocks to Receive Handsome Returns
- The GARP strategy helps investors gain exposure to stocks that have impressive prospects and are trading at a discount. RACE, HUBB, ADP and ARCO are some stocks that hold promise.
- 09/21/2023
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Ferrari: Great Business But A Hold At Current Valuations
- Ferrari's scarcity model and scaling strategy sustain high margins and demand. Ferrari is poised for growth through China's rising wealth and its strategic focus on electric vehicles. Ferrari's affluent customer base and unique brand value make it resilient to inflationary pressures.
- 09/20/2023
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MOD or RACE: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Modine (MOD) or Ferrari (RACE). But which of these two companies is the best option for those looking for undervalued stocks?
- 09/18/2023
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Puma times deal extension with Ferrari to perfection
- Ferrari (NYSE:RACE) has renewed its partnership with German sports goods maker Puma. which will become its premium partner starting from next year.
- 09/18/2023
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Ferrari renews partnership with Puma
- Italian sportscar maker Ferrari on Sunday said that its racing division has renewed a partnership with German sports goods maker Puma.
- 09/17/2023
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Buy good companies when they are down: Morgan Stanley's Andrew Slimmon
- CNBC's Robert Frank with Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, join 'The Exchange' to discuss U.S.-China luxury consumer spending and trends.
- 09/08/2023
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MOD or RACE: Which Is the Better Value Stock Right Now?
- Investors interested in Automotive - Original Equipment stocks are likely familiar with Modine (MOD) and Ferrari (RACE). But which of these two companies is the best option for those looking for undervalued stocks?
- 08/31/2023
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Momentum Monday: Opportunities Abound in the Stock Market
- Want to start the week ahead of the pack? Check out ‘Momentum Mondays,' where I cover the leading breakout stocks in the market, summarize the major events of the week ahead, and prepare investors for profitable trading.
- 08/28/2023
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Beyond the EV Stock Craze: 1 Auto Stock Investors Could Be Overlooking
- Ferrari's margins are otherworldly compared to traditional automakers. The ultra-luxury automaker is more resilient to economic downturns.
- 08/26/2023
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Ferrari CEO Benedetto Vigna: The first electric Ferrari will be unveiled in Q4 of 2025
- Ferrari CEO Benedetto Vigna joins CNBC's Robert Frank and 'Last Call' for an exclusive interview to talk his two years as CEO, antique Ferraris at auction, exclusivity in buying and more.
- 08/18/2023
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The secret engine powering Ferrari's growth
- CNBC's Robert Frank joins 'Squawk on the Street' from the Pebble Beach Car Auctions in Monterey, California with a look at what's powering Ferrari's growth.
- 08/18/2023
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Ferrari upgraded as analysts dub carmaker a ‘safe haven'
- Ferrari (NYSE:RACE) may well be priced accordingly already, but the carmaker's position as a luxury firm means it could be viewed as a “safe haven,” Barclays analysts have noted. Following second-quarter results showing a 35% rise in pre-tax earnings to €427 million, alongside a near-three percentage point rise in margins to 27.9%, Barclays noted Ferrari's performance had been strong but that the shares were evenly weighted.
- 08/18/2023
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3 Luxury Stocks to Consider Today for Future Gains
- With inflation finally cooling and the fears of a looming recession coming to an end, the rich are back with their bucks. As the rich get richer, several luxury goods companies will make the most of it.
- 08/15/2023
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MOD or RACE: Which Is the Better Value Stock Right Now?
- Investors interested in Automotive - Original Equipment stocks are likely familiar with Modine (MOD) and Ferrari (RACE). But which of these two companies is the best option for those looking for undervalued stocks?
- 08/15/2023
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Amazon, Apple, Airbnb, Starbucks, Ferrari and other earnings that moved markets this week
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Ferrari stock dips despite earnings beat, raises full-year guidance
- Ferrari raises its full-year guidance and revenue forecast after reporting a second-quarter earnings beat. Yahoo Finance Autos Reporter Pras Subramanian checks out the negative stock action despite the beat, while the Italian automaker is also adjusting for costs for its Formula 1 (F1) racing team.
- 08/02/2023
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Ferrari beats expectations in after strong 2Q, but stock dips as investors book profits
- Ferrari (NYSE:RACE) zoomed past analyst expectations for its second quarter earnings, but the Italian luxury automaker's stock took a hit as investors opted to take advantage of its strong share price performance this year. For the quarter, Ferrari reported an adjusted EBITDA of 589 million euros ($645.4 million), exceeding analyst estimates and marking a 31.9% increase from the previous year.
- 08/02/2023
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Ferrari (RACE) Q2 Earnings and Revenues Surpass Estimates
- Ferrari (RACE) came out with quarterly earnings of $1.99 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $1.45 per share a year ago.
- 08/02/2023
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Ferrari Beats Earnings Estimates, Hikes Guidance. Why the Stock Is Reversing.
- The Italian luxury car maker beat earnings expectations in the second quarter and raised its full-year outlook as demand remained robust.
- 08/02/2023
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A crypto entrepreneur splurged millions of dollars in client funds on a billion-year old space diamond, rare Rolexes and a Ferrari, SEC says
- The Securities and Exchange Commission has cracked down on the cryptocurrency industry this year. This week, it filed charges against a crypto entrepreneur accused of illegally raising $1 billion in offerings of unregistered securities.
- 08/01/2023
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Monish Pabrai's Investing Lessons
- Mohnish Pabrai (Trades, Portfolio) is an accomplished Indian-American investor, author and philanthropist. Known for his exceptional investing prowess, the guru has achieved significant success by emulating the value investment philosophy of Warren Buffett (Trades, Portfolio).
- 07/26/2023
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Ferrari (RACE) Earnings Expected to Grow: Should You Buy?
- Ferrari (RACE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/26/2023
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Why Investors Need to Take Advantage of These 2 Auto, Tires and Trucks Stocks Now
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 07/24/2023
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Ferrari, Volkswagen And Mercedes-Benz Deepen Asia Dependence
- Mercedes-Benz, Volkswagen, and Ferrari have a very strong dependence on Asian markets despite historic global appeal. Mercedes-Benz and Volkswagen have a deepening footprint in the U.S., primarily driven by increasing demand for its Electric Vehicles. Volkswagen's relative underperformance over the past year is mostly undeserved. Net profit in Q1 has been the best it has been for quite some time.
- 07/19/2023
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Ferrari: Outlook Appears To Be Conservative
- Ferrari: Outlook Appears To Be Conservative
- 07/13/2023
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Ferrari investor expectations high ahead of 2Q earnings leaving limited room for surprise
- There is limited room for Ferrari (NYSE:RACE) to deliver a surprise when it hands down its upcoming second quarter results on Wednesday, August 2 due to rising market expectations, analysts at UBS believe. “With the shares up 50% year to date (outperforming luxury by 26% and the autos sector by 29%) and 2Q well flagged as being the strongest quarter of the year, we are mindful that investor expectations have risen and a guidance upgrade is already priced in,” the analysts wrote in a note to clients.
- 07/12/2023
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What Makes Ferrari (RACE) a Strong Momentum Stock: Buy Now?
- Does Ferrari (RACE) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 07/06/2023
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Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Auto, Tires and Trucks Names
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 07/06/2023
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OSK vs. RACE: Which Stock Is the Better Value Option?
- Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Oshkosh (OSK) or Ferrari (RACE). But which of these two stocks offers value investors a better bang for their buck right now?
- 07/05/2023
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4 GARP Stocks to Scoop Up for Maximum Returns
- Try the GARP strategy when seeking a profitable portfolio of stocks offering optimum value and growth investing. RACE, GWW, ALLE and EW are some stocks that hold promise.
- 07/05/2023
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FERRARI TO ANNOUNCE SECOND QUARTER 2023 FINANCIAL RESULTS ON AUGUST 2
- Maranello (Italy), July 3, 2023 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the second quarter of 2023 will be released on Wednesday, August 2, 2023.
- 07/03/2023
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These 2 Auto, Tires and Trucks Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 06/30/2023
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Ferrari hits all-time high, now worth more than GM & Ford
- CNBC's Robert Frank joins 'Squawk Box' with more.
- 06/30/2023
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Ferrari launches two hybrid models in limited series based on SF90 supercar
- Luxury sports automaker Ferrari on Thursday unveiled two new plug-in hybrid models, produced in limited series and hitting the top end of the its price range.
- 06/29/2023
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Ferrari and Campbell Soup—Surprisingly—Show How to Win in This Market
- Campbell Soup hit a 52-week low this week, while Ferrari stock hit a 52-week high. Consumer staples are supposed to be more defensive.
- 06/28/2023
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7 Hypergrowth Stocks to Buy for a New Bull Market
- Investors looking to aggressively grow their portfolio should hunt for hypergrowth stocks. These are stocks that have outperformed the market by a wide margin, in some cases doubling their share price in a year and rising by more than 500% in five years.
- 06/23/2023
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3 Millionaire-Maker EV Stocks To Buy And Hold Forever
- The growing number of Electric Vehicle makers is proof of the rising demand. For a lot of automakers, it is the time to adapt or perish.
- 06/20/2023
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ALSN or RACE: Which Is the Better Value Stock Right Now?
- Investors with an interest in Automotive - Original Equipment stocks have likely encountered both Allison Transmission (ALSN) and Ferrari (RACE). But which of these two stocks is more attractive to value investors?
- 06/16/2023
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3 EV Stocks Set to Thrive for the Long Haul
- Electric vehicles (or EVs) are a trend that investors simply don't want to give up on. While investing trends and hype can get a bit manic at times, the trend in EVs is sustainable for the long haul.
- 06/15/2023
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Gurus Are Driving Away With These 5 Auto Stocks
- Shares of automaker Toyota Motor Corp. ( TM , Financial) climbed more than 5% on Tuesday morning after its plans for next-generation battery electric vehicles were announced.
- 06/13/2023
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Powering the Future: 3 Industries to Benefit from a Changing Energy Backdrop
- The world is gradually moving away from fossil fuels for several reasons. These three industries stand to benefit the most.
- 06/11/2023
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When Should You Buy Ferarri Stock? Here's the Magic Number.
- It's exciting news that Ferrari (NYSE: RACE ) plans to release fully electric Ferraris. However, this isn't going to happen in 2023 or even in 2024.
- 06/09/2023
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Ferrari: Luxury Upside Still To Price In
- Ferrari reports a 20.5% increase in net revenue to €1.43 billion and a 9.7% increase in deliveries to 3,567 units in Q1. Adjusted net profit rose by 24% to €297 million, while the industrial free cash flow reached €269 million. The company confirms its guidance for 2023. E-fuel and electrification will be supportive catalysts. Our buy is then confirmed.
- 06/08/2023
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CVGI or RACE: Which Is the Better Value Stock Right Now?
- Investors with an interest in Automotive - Original Equipment stocks have likely encountered both Commercial Vehicle Group (CVGI) and Ferrari (RACE). But which of these two stocks offers value investors a better bang for their buck right now?
- 05/15/2023
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Ferrari Is A Long-Term Holding, Despite Incumbent Risks
- Ferrari has the highest operating margin in the auto industry, but this metric has plateaued. Revenue and net profit are analysed in Ferrari's official financial statements and reveal stable growth, although slowed, due to the stagnating operating margin metric.
- 05/14/2023
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3 EV Stocks That Are Dominating Their Niche Markets
- Creating a niche in any market is not easy, but it is especially difficult to do in an established industry. There was a time when only niche customer segments or early technology adopters bought electric vehicles (EVs) but soon EV makers were introducing low-end models that were accessible to a larger audience.
- 05/10/2023
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3 Stocks That Show the Market Isn't Counting on a Recession
- Consumer spending has been surprisingly resilient despite recession fears. The valuation of luxury goods makers fell in anticipation of a downturn.
- 05/08/2023
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Ferrari Purosangue SUV: ‘We were not expecting such strong reaction,' CEO says
- Yahoo Finance's Pras Subramanian joins the Live show to discuss key takeaways from Ferrari's Q1 earnings call and CEO Benedetto Vigna's remarks on the Italian luxury sports car manufacturer's Purosangue SUV.
- 05/04/2023
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Ferrari (RACE) Beats Q1 Earnings and Revenue Estimates
- Ferrari (RACE) came out with quarterly earnings of $1.74 per share, beating the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.45 per share a year ago.
- 05/04/2023
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Ferrari kicks into high gear as 1Q profit beats and red hot demand extends order book to 2025
- Ferrari (NYSE:RACE) NV shares raced higher after the company reported first-quarter earnings that beat Wall Street estimates on high demand for its luxury sports cars and prices increased. For the period ended March 31, 2023, the Maranello, Italy-based luxury car maker reported earnings of $1.74 per share on revenue of $1.5 billion.
- 05/04/2023
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Ferrari profit jumps 24% as demand pushes waiting list into 2025
- Ferrari's EBIT profit margin, a widely-watched figure, increased a full percentage point to 26.9%.
- 05/04/2023
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Ferrari's Impressive Earnings Drive the Stock Higher. Luxury Is Proving Resilient.
- The high-end car company's numbers accelerated past Wall Street expectations.
- 05/04/2023
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Ferrari holds ‘unique qualities' – Barclays
- Ferrari (NYSE:RACE) NV shares are “priced for perfection already,” according to Barclays, which claimed the luxury car maker was “unique” as an investment. Selling around 13,500 sports cars a year at roughly €375,000 each means Ferrari (NYSE:RACE) “is a luxury company” with a wealthy customer base which largely decouples it from economic trends, Barclays noted.
- 05/02/2023
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ALSN or RACE: Which Is the Better Value Stock Right Now?
- Investors interested in Automotive - Original Equipment stocks are likely familiar with Allison Transmission (ALSN) and Ferrari (RACE). But which of these two companies is the best option for those looking for undervalued stocks?
- 04/28/2023
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The Greatest 7 Blue-Chip Stocks to Buy for Your Portfolio
- While the debate will certainly rage over which ideas legitimately rank as the greatest blue-chip stocks to buy of all time, for right now, certain enterprises stand out for a combination of their relevance and resilience. As well, a select few large-capitalization companies may be too undervalued and beaten down for their own good.
- 04/20/2023
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Why Ferrari, Hermès, and Coca-Cola Are No-Brainer Buys Right Now
- Ferrari is the only automaker you should own during an economic downturn. Hermès' unrivaled pricing power in the luxury market won't wane anytime soon.
- 04/18/2023
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Ferrari boasts record orders of 296 plug-in hybrid at shareholders meeting
- This segment originally aired on April 14, 2023. Yahoo Finance automotive reporter Pras Subramanian joins the Live show to discuss the key takeaways from Ferrari's shareholders meeting.
- 04/16/2023
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FERRARI TO ANNOUNCE FIRST QUARTER 2023 FINANCIAL RESULTS ON MAY 4
- Maranello (Italy), April 5, 2023 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the first quarter of 2023 will be released on Thursday, May 4, 2023.
- 04/05/2023
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Is Ferrari Stock A Buy Now As Charles Leclerc Falls Behind In F1 Battle, RACE Leads Tesla In This?
- Many dream of owning it, but is Ferrari stock a buy as Charles Leclerc eyes an F1 title? Ferrari currently leads Tesla stock in a key metric.
- 03/30/2023
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Ferrari welcomes EU rules on carbon-neutral 'super cars'
- An EU ruling preventing the ban of internal combustion engines (ICEs) using e-fuels from 2035 has been welcomed by a host of car manufacturers, which are exploring the prospective tech. Ferrari (NYSE:RACE) and Porsche dubbed the move good news, saying it provided clarity for planning and meant several types of car could be offered, instead of just electric vehicles.
- 03/29/2023
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MOD or RACE: Which Is the Better Value Stock Right Now?
- MOD vs. RACE: Which Stock Is the Better Value Option?
- 03/27/2023
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Ferrari: Time To Look Beyond Formula One
- Ferrari N.V. had a strong 2022 despite the macroeconomic and geopolitical risks. The company, in my opinion, is almost recession-proof given that it caters to the super wealthy.
- 03/23/2023
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Ferrari says ransomware attack exposed customers' personal data
- Italian supercar manufacturer Ferrari has confirmed it was hit by a ransomware attack that exposed customers' personal information.
- 03/21/2023
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Ferrari reports cyber incident with ransom demand; no impact to operations
- Italian luxury sports car maker Ferrari SpA said on Monday that a hacker recently demanded ransom from the company related to certain client contact details, adding that the breach had no impact on the company's operations.
- 03/20/2023
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Ferrari says Italian unit victim of ‘ransom demand'
- Ferrari NV RACE, +1.27% said late Monday that its Italian subsidiary was victim of a “ransom demand” related to client contact details. The company contacted authorities and engaged a “leading” cybersecurity firm to start an investigation, it said.
- 03/20/2023
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3 Stocks That Morgan Stanley Is Betting On Right Now
- It's not exactly easy for investors out there right now. For starters, there's the current market turmoil surrounding the collapse of a number of regional banks.
- 03/13/2023
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MOD vs. RACE: Which Stock Is the Better Value Option?
- MOD vs. RACE: Which Stock Is the Better Value Option?
- 03/10/2023
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An $18 million Ferrari leads record classic-car auction at Amelia Island. See all 10 top sellers
- Total sales at the Amelia Island classic-car auction reached $178.4 million — a record for the event, according to Hagerty.
- 03/08/2023
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Morgan Stanley's long-time Tesla bull just named Ferrari as the new top auto stock, saying its 'unmatched brand' makes it best positioned to handle macro uncertainty
- "We see Ferrari as the most defensive name in our coverage that avoids much of the EV hype and EV risk," Morgan Stanley's Adam Jonas said.
- 03/06/2023
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RACE Stock Alert: Ferrari Beats Out Tesla as Morgan Stanley's Top Auto Stock
- Could Ferrari (NYSE: RACE ) stock race ahead today? It's possible.
- 03/06/2023
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Ferrari: A Luxury Automotive, In A League Of Its Own
- The automotive industry repels long-term passive investors due to its cyclical nature and capital intensity. However, Ferrari isn't an ordinary automaker and should not be overlooked. Looking at the auto industry, I list 5 important metrics that demonstrate Ferrari's differentiation from other high-end automakers like Tesla, Porsche, Mercedes, Stellantis, and BMW.
- 03/05/2023
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Ferrari Races Past Buy Point; Formula 1 Race Car Adds Controversial Wing
- Race stock Ferrari broke out of a base after its 2023 SF-23 featured a front wing design; shares are hitting new highs. The post Ferrari Races Past Buy Point; Formula 1 Race Car Adds Controversial Wing appeared first on Investor's Business Daily.
- 03/03/2023
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Ferrari boosts F1 online gaming strategy with VGW partnership
- Ferrari said on Thursday that online gaming company Virtual Gaming Worlds (VGW) would become a premium partner of its Formula 1 racing team under a multi-year partnership deal signed by the luxury carmaker's eponymous unit.
- 03/02/2023
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Can This Luxury-Car Maker Outrun a U.S. Recession?
- It hasn't hit the brakes yet.
- 02/28/2023
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Is Ferrari Stock A Buy Now? Here's What Earnings, Charts Show Ahead Of New F1 Season
- With its legendary F1 team and top-notch sports cars. But is Ferrari stock a buy as the latest Formula One season gears up?
- 02/27/2023
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This Top Auto Stock Is Up 22% in 2023: Here's Why Buying It Could Be a Genius Move
- Investors should appreciate the company's luxury brand.
- 02/26/2023
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MOD or RACE: Which Is the Better Value Stock Right Now?
- MOD vs. RACE: Which Stock Is the Better Value Option?
- 02/22/2023
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Ferrari CEO says Tesla's success was a 'wake up call' for the auto industry
- Benedetto Vigna told Bloomberg he credits Tesla for speeding up EV production, adding Ferrari is an "emotional" car, and Tesla a "functional" one.
- 02/13/2023
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Ferrari Says It's First Fully Electric Car Will Be Unveiled in 2025
- Ferrari CEO Benedetto Vigna says its first fully electric car will be unveiled in 2025. He says electrification will give drivers a unique experience, but the cars will still be thrilling to drive.
- 02/13/2023
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7 Stocks to Watch if You're Looking for the Next High Flyer
- While volatility persists, markets have managed to get off to a strong start in 2023. All three of the major U.S. stock indices are positive on the year, with the technology-laden Nasdaq leading the pack with a 14% year-to-date gain.
- 02/09/2023
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MOD vs. RACE: Which Stock Is the Better Value Option?
- MOD vs. RACE: Which Stock Is the Better Value Option?
- 02/06/2023
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RACE Stock: 2.47% Increase This Week Explained
- The stock price of Ferrari NV (NYSE: RACE) increased by 2.47% this past week. This is why.
- 02/03/2023
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Ferrari NV (RACE) Q4 2022 Earnings Call Transcript
- Ferrari NV (NYSE:RACE ) Q4 2022 Earnings Conference Call February 2, 2023 8:00 AM ET Company Participants Nicoletta Russo - Head, IR Benedetto Vigna - CEO & Executive Director Antonio Piccon - CFO Conference Call Participants Stephen Reitman - Societe Generale Susy Tibaldi - UBS Giulio Pescatore - BNP Paribas Exane Martino De Ambroggi - Equita George Galliers - Goldman Sachs Group Anthony Dick - ODDO BHF Michael Binetti - Crédit Suisse Thomas Besson - Kepler Cheuvreux Gautam Narayan - RBC Capital Markets Daniel Roeska - Sanford C. Bernstein & Co. Operator Good day, and thank you for standing by.
- 02/02/2023
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Ferrari's profits jump 13% in 2022, supercar maker expects an even better year in 2023
- Ferrari guided to an even stronger year in 2023, boosted by its high-priced sports cars like the Daytona SP3 and the upcoming Purosangue SUV.
- 02/02/2023
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Ferrari Stock Accelerates on Positive Outlook as Earnings Impress
- The car maker reported earnings per share of about $1.33 from sales of about $1.5 billion. Its quarterly deliveries rose 13% year over year.
- 02/02/2023
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US giant Lithia revs up deal to buy Ferrari dealer Jardine Motors for £300m
- An American car dealership giant is in advanced talks to buy Jardine Motors, one of the largest automotive retail groups in Britain, for about £300m.
- 01/23/2023
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CTTAY or RACE: Which Is the Better Value Stock Right Now?
- CTTAY vs. RACE: Which Stock Is the Better Value Option?
- 01/20/2023
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Ferrari to Announce 2022 Full Year and Fourth Quarter Financial Results on February 2
- Maranello (Italy), January 20, 2023 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the full year and fourth quarter of 2022 will be released on Thursday, February 2, 2023.
- 01/20/2023
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Ferrari Stock Is Expensive Currently
- Ferrari is an independent luxury car-maker, which is due to release the Purosangue, a rival to the Urus. The Luxury car market is due to grow at over 10% into 2031, with Ferrari primed to exceed this.
- 01/14/2023
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China's reopening will be a tailwind for the luxury trade, says PIMCO's Erin Browne
- Erin Browne, PIMCO portfolio manager, joins 'Closing Bell: Overtime' to discuss international stocks surging and expectations for the markets after a possible China reopening.
- 01/11/2023
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Tesla price cuts drive demand in China, Bank of America sets new price target for Ferrari
- Yahoo Finance autos reporter Pras Subramanian discusses the backlash in China against Tesla's price cuts for the Model 3 and Model Y as well as wait times for the electric vehicles.
- 01/09/2023
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CTTAY or RACE: Which Is the Better Value Stock Right Now?
- CTTAY vs. RACE: Which Stock Is the Better Value Option?
- 01/04/2023
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2 Auto Stocks to Buy Before the Bear Market Is Over
- Bear markets aren't going to slow these two automakers down. Jump on for the ride while you can.
- 12/31/2022
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FS Investments' Troy Gayeski likes Ferrari because the 'uber rich' don't care about recessions
- Troy Gayeski, FS Investments chief market strategist, joins 'Closing Bell: Overtime' to discuss protecting your portfolio in this bear market.
- 12/28/2022
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Bang For Your Buck: Does A Javelin Missile Really Cost As Much As A Ferrari?
- The U.S. is supplying billions of dollars of military assistance to Ukraine. Modern weapons like Javelin are extremely effective but eye-wateringly expensive, alternatives are more limited but cost a fraction as much.
- 12/19/2022
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Ferrari: Purosangue Order Books Are Full
- Ferrari recently launched its first four-seater: the Purosangue. Order books are full two years into the future.
- 12/19/2022
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7 Stocks on the Cusp of a Breakout
- It's time to look for strong, potential breakout stocks. All as the outlook for the U.S. economy and the overall stock market start to improve.
- 12/13/2022
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2 Recession-Proof Stocks to Consider for 2023
- These stocks could do well even if there's a downturn in the economy next year.
- 12/01/2022
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ALSN vs. RACE: Which Stock Is the Better Value Option?
- ALSN vs. RACE: Which Stock Is the Better Value Option?
- 11/29/2022
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This Under-the-Radar Stock Could Easily Be Recession-Proof
- The automotive industry is likely the last place you'd look for recession-proof stocks -- but this one is incredibly unique, and investors should take notice.
- 11/17/2022
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ALSN or RACE: Which Is the Better Value Stock Right Now?
- ALSN vs. RACE: Which Stock Is the Better Value Option?
- 11/11/2022
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Ex-Schumacher Ferrari Smashes Record For Modern F1 Cars
- Sotheby's in partnership with RM Sotheby's has sold the iconic F2003-GA chassis no. 229 at Sotheby's Luxury Week sale in Geneva for 14,630,000 CHF, making it the most valuable Formula One car of the modern era ever sold.
- 11/09/2022
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Ferrari (RACE) Q3 Earnings and Revenues Beat Estimates
- Ferrari (RACE) delivered earnings and revenue surprises of 8.77% and 9.51%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/02/2022
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Ferrari raises its 2022 guidance again after Q3 earnings beat Wall Street estimates
- Ferrari raised its full-year guidance for the second time in 2022, after its third-quarter revenue and profit beat Wall Street's estimates.
- 11/02/2022
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ALSN vs. RACE: Which Stock Is the Better Value Option?
- ALSN vs. RACE: Which Stock Is the Better Value Option?
- 10/26/2022
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Italy unions agree to pursue 8.4% wage claim at Stellantis, Ferrari, Iveco, CNH
- Italian union delegates on Wednesday approved a proposal presented by their leaders to seek a wage rise of 8.4% for next year at Stellantis, Ferrari, Iveco and CNH Industrial, setting the scene for formal talks with the industrial groups.
- 10/19/2022
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Ferrari to Announce Third Quarter 2022 Financial Results on November 2
- Maranello (Italy), October 17, 2022 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the third quarter of 2022 will be released on Wednesday, November 2, 2022.
- 10/17/2022
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OSK or RACE: Which Is the Better Value Stock Right Now?
- OSK vs. RACE: Which Stock Is the Better Value Option?
- 10/10/2022
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Ferrari says no evidence of system breach, ransomware
- Ferrari has no evidence of a breach of its systems or ransomware, the luxury sports car maker said in a statement on Monday, adding that there had been no disruption to its business and operations.
- 10/03/2022
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Jefferies: Porsche is half the Ferrari business
- Philippe Houchois, managing director of Jefferies, discusses Porsche's forthcoming initial public offering.
- 09/28/2022
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2 Reasons Ferrari Is Expensive and Still a Stock to Buy
- There are many reasons Ferrari is a compelling stock, but here's a look at how it measures up against competitors.
- 09/25/2022
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VLEEY vs. RACE: Which Stock Should Value Investors Buy Now?
- VLEEY vs. RACE: Which Stock Is the Better Value Option?
- 09/23/2022
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3 Most Promising Car Stocks Following the 2022 Detroit Auto Show
- Today we will discuss three car stocks to buy as the North American International Auto Show returns to Detroit after a three-year absence. Although it was a smaller event than in previous years, Wall Street was eager to see which automakers were driving in the fast lane.
- 09/22/2022
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Ferrari Shares Advance After First SUV Unveiled, As Investors Relish Profit Possibilities
- Ferrari investors couldn't have been surprised by news it unveiled its long-awaited first SUV, but the shares nevertheless notched a solid gain. There must have been raised green eyebrows though with talk of a massive 6.5 liter, V-12 gasoline engine and no mention of the carbon footprint.
- 09/15/2022
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Ferrari Purosangue SUV Revealed
- Ferrari's first SUV will hit the road in 2023.
- 09/14/2022
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Ferrari Breaks With Tradition—Unveils a 4-Door, 4-Seater for $390,000
- The Ferrari Purosangue is the company's first ever four-door, four-seat model.
- 09/14/2022
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Ferrari Unveils The 4-Door, 4-Wheel Drive Purosangue
- Italian luxury supercar maker Ferrari unveiled the new Purosangue, and said prices will start at €390,000 ($390,000).
- 09/14/2022
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Ferrari unveils four-door Purosangue model
- Yahoo Finance's Pras Subramanian joins the Live show to discuss Ferrari's new four-door EV, the Purosangue.
- 09/13/2022
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Ferrari's first-ever SUV has 715 horsepower and a top speed of 193 mph: Check out the $390,000 Purosangue
- Ferrari's newest model has four doors, four seats, and costs nearly $400,000. See inside the Purosangue.
- 09/13/2022
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The Ferrari Purosangue is the company's first four-door car, just don't call it an SUV
- Ferrari has unveiled the first four-door production vehicle the legendary Italian automaker has ever produced. It has a long hood that houses a gasoline engine and a single large area behind that which holds seats for four people and space for plenty of cargo. It's also a four-wheel-drive vehicle. But, with the company's sporting and racing history, Ferrari insists it isn't anything so gauche as a "Sport Utility Vehicle."
- 09/13/2022
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Ferrari Purosangue SUV Packs a 715-HP V12
- The Prancing Horse's first SUV is a proper Ferrari through and through.
- 09/13/2022
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Ferrari unveils its first SUV, the $397K, 12-cylinder Purosangue
- Despite its size and weight, Ferrari CEO Benedetto Vigna prefers to describe the four-door, four-seat Purosangue, which has a top speed of over 190 mph, as a versatile sports car, rather than an SUV.
- 09/13/2022
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Ferrari just revealed its first-ever 4-door sports car, a high-riding and powerful coupe called the Purosangue
- Ferrari's new Purosangue is an SUV-like sports model, with four doors and a powerful V-12 egnine.
- 09/13/2022
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How Ferrari Stock Leaves Other Automakers in the Dust
- In one fell swoop, let's explain away a misconception about Ferrari, as well as how it leaves other automakers in the dust.
- 09/12/2022
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Ferrari: All In Line
- Ferrari revises its forecasts for 2022 upwards. We continue to see supportive numbers and a bright future for Ferrari.
- 08/29/2022
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Buy the Dip: 3 Stocks to Buy Today and Hold for the Next 3 Years
- Cloudflare, Ferrari, and TJX all have plenty of upside potential.
- 08/16/2022
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Ultra-rich fueling sales of luxury brands despite inflation and recession fears
- High-end luxury brands are reporting strong sales even as retailers catering to more mainstream customers cite a pullback in consumer spending.
- 08/13/2022
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MOD vs. RACE: Which Stock Should Value Investors Buy Now?
- MOD vs. RACE: Which Stock Is the Better Value Option?
- 08/09/2022
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Ferrari Recalls 24,000 Cars for Potential Brake Failure
- Vehicles from as far back as 2005 are included in this recall.
- 08/05/2022
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Ferrari Q2 Earnings: Best-In-Class Results Once Again
- Ferrari delivered outstanding results once again in Q2 2022, beating both top- and bottom-line expectations. The company is keeping its costs well managed and is increasingly more dedicated to returning cash to shareholders.
- 08/02/2022
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Ferrari N.V. (RACE) CEO Benedetto Vigna on Q2 2022 Results - Earnings Call Transcript
- Ferrari N.V. (NYSE:RACE ) Q2 2022 Earnings Conference Call August 2, 2022 9:00 AM ET Company Participants Nicoletta Russo - Head of Investor Relations Benedetto Vigna - Group Chief Executive Officer Antonio Picca Piccon - Group Chief Financial Officer Conference Call Participants Adam Jonas - Morgan Stanley Susy Tibaldi - UBS Giulio Pescatore - Exane BNP Paribas Michael Binetti - Credit Suisse Monica Bosio - Intesa Sanpaolo George Galliers - Goldman Sachs Stephen Reitman - Societe Generale Charles Coldicott - Redburn Tom Narayan - RBC John Murphy - Bank of America Operator Good day and thank you for standing by.
- 08/02/2022
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Ferrari (RACE) Tops Q2 Earnings and Revenue Estimates
- Ferrari (RACE) delivered earnings and revenue surprises of 22.88% and 15.69%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/02/2022
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Ferrari lifts full-year forecasts after strong Q2 results, record orders
- Sports car maker Ferrari raised its forecasts for full-year revenue and core profit on Tuesday after posting what it described as record results in the second quarter and saying its order book reach new highs.
- 08/02/2022
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Can Ferrari (RACE) Keep the Earnings Surprise Streak Alive?
- Ferrari (RACE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 08/01/2022
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7 Electric Vehicle Stocks to Buy Before the Bull Market Returns
- Rising interest rates and inflation concerns have had a huge impact on the stock market and the economy, including the automobile industry. But that won't last, and as optimism returns, auto sales will rise.
- 07/28/2022
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3 Auto Stocks to Buy and Hold Forever
- The stock market is currently a strange place. While all equities are struggling, it has also given an opportunity to make the most of the dip in promising stocks.
- 07/28/2022
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Reviewing new and existing model prices amid rising cost trend, says Ferrari CEO
- Ferrari CEO Benedetto Vigna tells CNBC about the fully electric model the Italian carmaker will debut by 2025 and how his firm is coping with rising material costs.
- 07/26/2022
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CTTAY vs. RACE: Which Stock Should Value Investors Buy Now?
- CTTAY vs. RACE: Which Stock Is the Better Value Option?
- 07/22/2022
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Golf Tournaments, A Private Jet And A Red Ferrari: A Tech CEO Lived Large While His Employees Went Unpaid
- A Forbes investigation found that Chris Kirchner, of the $240 million Goldman Sachs-backed startup Slync.io, fired executives after they asked questions about the company's funds. Now, he's facing a lawsuit for wrongful termination and claims of “fraudulent behavior.
- 07/20/2022
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7 Top Hydrogen Stocks to Own for the Second Half of 2022
- The global green hydrogen market could be worth $89.1 billion by 2030, meaning this pullback is an opportunity in the best hydrogen stocks. The post 7 Top Hydrogen Stocks to Own for the Second Half of 2022 appeared first on InvestorPlace.
- 07/17/2022
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7 Best Electric Vehicle Stocks to Buy Now for July 2022
- Here's our pick of the 7 best electric vehicle (EV) stocks to invest in. These stocks have taken a beating and are trading at a discount now.
- 07/13/2022
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FERRARI TO ANNOUNCE SECOND QUARTER 2022 FINANCIAL RESULTS ON AUGUST 2
- Maranello (Italy), July 13, 2022 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the second quarter of 2022 will be released on Tuesday, August 2, 2022.
- 07/13/2022
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GNTX vs. RACE: Which Stock Should Value Investors Buy Now?
- GNTX vs. RACE: Which Stock Is the Better Value Option?
- 07/06/2022
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Ferrari (RACE) to Begin EUR 150M First Tranche of Share Buyback
- Ferrari (RACE) is set to commence the first tranche of its new 2-billion euros share buyback program. The tranche will be executed through a bank and the New York Stock Exchange.
- 07/01/2022
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Ferrari to churn out gas guzzlers on its slow road to electric
- Ferrari makes some of the fastest cars on the road, but the luxury Italian automaker is taking the slow lane to an electric future as it tries to overcome the technology's disadvantages against today's powerful fossil fuel engines.
- 06/30/2022
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Ferrari installs 1MW fuel cell plant to speed up carbon neutrality
- Italy's Ferrari said on Thursday a new fuel cell plant had been recently installed at its historic headquarters facilities in Maranello, in a further step by the luxury car maker to becoming carbon neutral by 2030.
- 06/23/2022
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7 Auto Stocks to Buy and Hold Forever
- Supply chains disruptions hit the car market hard, which opens the door to finding good auto stocks to buy for the long term. The post 7 Auto Stocks to Buy and Hold Forever appeared first on InvestorPlace.
- 06/22/2022
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7 Blue-Chip Stocks That Will Outlast Any Market Downturn
- With signs pointing to a possible recession on the horizon, here are the best blue-chip stocks to buy to protect your portfolio. The post 7 Blue-Chip Stocks That Will Outlast Any Market Downturn appeared first on InvestorPlace.
- 06/22/2022
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VLVLY vs. RACE: Which Stock Should Value Investors Buy Now?
- VLVLY vs. RACE: Which Stock Is the Better Value Option?
- 06/20/2022
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Bear of the Day: Ferrari (RACE)
- Analysts keep dialing back estimates for this luxury & performance brand as global growth concerns mount
- 06/20/2022
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Ferrari aims for 80% EV sales by 2030
- This segment originally aired on June 16, 2022. Yahoo Finance's Pras Subramanian reports on luxury automaker Ferrari doubling down on electric vehicles.
- 06/19/2022
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Ferrari Should Be In A Dividend Growth Watchlist
- Ferrari unveiled its plans from 2022 to 2026 that will lead it toward its electric supercars. Capex will grow, but the cumulated industrial EBITDA over the next five years be more than enough to cover it and leave almost €5 billion in cumulated industrial free cash.
- 06/18/2022
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Ferrari Is Racing Ahead
- Enzo Ferrari once said, “I am an agitator of men.”
- 06/17/2022
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Will Ferrari Switch To Electric Open The Door To Lamborghini, Aston Martin?
- Ferrari is the supercar of choice for the wealthy but the switch to electric power might level the playing field and give a boost to Lamborghini or Aston Martin and high-end Porsches and Mercedes. Tesla too might decide it can compete in this electric stratosphere.
- 06/17/2022
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Ferrari: Positive News From Its CMD
- Enhancing value thanks to more personalisation and more product offerings. Enriching Ferrari's portfolio thanks to 15 new launches expected between 2023 and 2026.
- 06/16/2022
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Ferrari To Go Electric In 2025, With 40% EV Sales By 2030
- Ferrari also admitted today that the traditional screaming thunder of its supercars will give way to 40% of all production being pure EVs by 2030.
- 06/16/2022
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Ferrari to make 80% hybrid and full-electric models by 2030
- MILAN (AP) — Italian luxury sportscar maker Ferrari on Thursday outlined an electrification strategy that calls for 40% full-electric vehicles and 40% hybrid models by 2030.
- 06/16/2022
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Ferrari will produce its first-ever SUV later this year, and launch its first EV in 2025
- Ferrari shared details on its plan to launch its first electric vehicle by 2025 as it aims to go carbon neutral by 2030. The battery-electric supercar will set the tone for Ferrari's future EVs, CEO Benedetto Vigna said Thursday at the company's Capital Markets Day from its headquarters in Maranello, Italy.
- 06/16/2022
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Ferrari tells investors it will build 'even more unique' electric cars
- Luxury sportscar maker Ferrari will always produce one car less then the market demands to preserve its uniqueness as it shifts to electric models, Chief Executive Benedetto Vigna said on Thursday as he unveiled the company's new business plan.
- 06/16/2022
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Ferrari names Carla Liuni new chief brand officer
- Ferrari on Monday named former jewellery executive Carla Liuni as its new chief brand officer as the Italian luxury carmaker pushes ahead with an ambitious strategy launched a year ago to diversify beyond cars.
- 06/13/2022
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Vigna to set out Ferrari's route into electric vehicle era
- Nine months after taking the top job, Ferrari CEO Benedetto Vigna will be expected this week to explain how the carmaker will preserve its cachet - and top tier prices - in a future of electrified cars.
- 06/13/2022
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New Strong Sell Stocks for June 10th
- Teaser: ASX, CBAN, and RACE have been added to the Zacks Rank #5 (Strong Sell) List on June 10, 2022.
- 06/10/2022
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New Strong Sell Stocks for June 6th
- ACER, RACE, and PYPL have been added to the Zacks Rank #5 (Strong Sell) List on June 6, 2022.
- 06/06/2022
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Red Bull, Ferrari and Mercedes say 'no way' of staying below budget cap as they fear F1 penalties
- All F1 teams have a cost cap of $140 million for 2022, but a dramatic rise in inflation and freight costs has added unexpected strains, Sky Sports reports.
- 06/03/2022
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7 Discounted Auto Stocks to Buy Now
- While the sector is likely to be eventfully volatile, brave contrarians can consider auto stocks to buy for their returning relevance. The post 7 Discounted Auto Stocks to Buy Now appeared first on InvestorPlace.
- 05/30/2022
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7 Best Auto Stocks to Buy in June
- Investors may have hit the brakes on these auto stocks in recent months, but you may want to buy them after they made a pit stop. The post 7 Best Auto Stocks to Buy in June appeared first on InvestorPlace.
- 05/26/2022
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CVGI or RACE: Which Is the Better Value Stock Right Now?
- CVGI vs. RACE: Which Stock Is the Better Value Option?
- 05/10/2022
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Ferrari NV (RACE) CEO Benedetto Vigna on Q1 2022 Results - Earnings Call Transcript
- Ferrari NV, Inc. (NYSE:RACE ) Q1 2022 Earnings Conference Call May 4, 2022 9:00 AM ET Company Participants Nicoletta Russo - Head, IR Benedetto Vigna - CEO & Executive Director Antonio Piccon - CFO Conference Call Participants Giulio Pescatore - BNP Paribas Exane Martino De Ambroggi - Equita Susy Tibaldi - UBS George Galliers - Goldman Sachs Group Gabriel Adler - Citigroup Thomas Besson - Kepler Cheuvreux Gianluca Bertuzzo - Intermonte Stephen Reitman - Societe Generale Adam Jonas - Morgan Stanley Operator Good day, and thank you for standing by. Welcome to the Ferrari 2022 Q1 Results Conference Call.
- 05/04/2022
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Ferrari Shares Race Downward Post Q1 Performance
- Ferrari NV (NYSE: RACE) reported first-quarter FY22 sales growth of 17.3% year-on-year to €1.186 billion. Total shipments of 3,251 units improved 17.3% from last year.
- 05/04/2022
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Ferrari (RACE) Tops Q1 Earnings and Revenue Estimates
- Ferrari (RACE) delivered earnings and revenue surprises of 15.08% and 14.14%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/04/2022
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Ferrari Earnings Look Good. Investors Don't Seem to Care.
- Ferrari's reported first quarter numbers show that demand for luxury goods remains strong. The action of the stock show investors don't really care.
- 05/04/2022
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Ferrari says core earnings rose 12% in Q1 thanks to strong order book
- Ferrari said on Wednesday its core earnings rose 12% in the first quarter as the sports car maker enjoyed a strong order intake, despite the uncertainties marking the global environment this year.
- 05/04/2022
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Aston Martin appoints former Ferrari boss; Q1 loss grows 200%
- Aston Martin Lagonda Global Holdings PLC (LSE:AML) appointed former Ferrari chief executive Amedeo Felisa to the role with immediate effect as part of a boardroom shake-up. Tobias Moers, who stepped down from CEO with immediate effect, will support the leadership team with a smooth transition until July end, the company confirmed.
- 05/04/2022
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Aston Martin to name ex-Ferrari chief Amedeo Felisa as CEO - FT
- British luxury carmaker Aston Martin will replace its Chief Executive Officer Tobias Moers with Amedeo Felisa, the former Ferrari NV chief, according to the Financial Times on Tuesday.
- 05/04/2022
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Ferrari: Literally Firing On All Cylinders
- With inflation soaring, companies with strong pricing power are the best place to be invested in. Ferrari is one of the most renowned brands in the world with a 35% EBITDA margin and an ever-increasing demand.
- 05/03/2022
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With lift from 'big brother,' Aston Martin chases after Ferrari
- After decades of ups and downs, British carmaker Aston Martin Lagonda is charting a more efficient and profitable way forward, leaning on technology from shareholder Mercedes-Benz to make the costly leap to electric vehicles (EVs).
- 04/26/2022
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5 Top Automotive Stocks For Your Late April 2022 Watchlist
- Could these automotive stocks be revving higher anytime soon?
- 04/23/2022
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Ferrari recalls over 2,000 vehicles from China
- Ferrari (NYSE:RACE) (Ferrari (NYSE:RACE)) is to recall over 2,000 of its luxury sports cars from China over fears of a potential fault in the braking system, China's market regulator announced in a statement. According to Reuters, the issues relate to imported vehicles between March 2010 and 2019, and covers the Italia, Speciale, Speciale A, Spider, GTB and Spider series models, with over 400 of each car being recalled.
- 04/22/2022
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Ferrari to recall 2,222 cars in China on braking issues
- Luxury sports car maker Ferrari will recall 2,222 cars in China due to a potential fault in its braking systems, China's market regulator said in a statement on Friday.
- 04/22/2022
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FERRARI TO ANNOUNCE FIRST QUARTER 2022 FINANCIAL RESULTS ON MAY 4
- Maranello (Italy), April 20, 2022 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the first quarter of 2022 will be released on Wednesday, May 4, 2022.
- 04/20/2022
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ESE inks sponsorship deal with apparel firm Diverse for Digital Motorsports Tournament
- ESE Entertainment Inc. (TSX-V:ESE) announced that it has signed a sponsorship agreement with leading multi-brand European apparel company Diverse for Digital Motorsports' in-person tournament, which is concluding with a grand finale on April 13, 2022. Diverse has a history of partnerships within the automotive industry.
- 04/12/2022
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Has BofA Securtities Picked a Winner Among 9 Automaker Stocks?
- While there are differences among financial analysts and industry analysts about just how much trouble the auto industry is in this year, nearly everyone agrees automakers will sell fewer new cars in the United States in 2022 than their early forecasts for 2022 predicted.
- 04/07/2022
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Ferrari gets more than 100 million euros in Italian public funds
- Ferrari has secured up to 106 million euros ($117 million) in public funds for investments in technology and production in its home Emilia-Romagna region, the luxury sports carmaker said on Tuesday.
- 03/22/2022
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F1 Preview: Ferrari Looks Strong, Lewis Hamilton Has Competition, Max Verstappen Could Repeat
- Ferrari looks strong. Mercedes is struggling.
- 03/19/2022
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Ferrari To RACE Again
- Limited Russia exposure. Product mix above Wall Street Analyst consensus.
- 03/09/2022
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Ferrari suspends Russia sales, donates $1 million to Ukraine aid
- Ferrari said it has stopped building cars for Russia until further notice and will donate 1 million euros to Ukrainian relief.
- 03/08/2022
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Luxury carmaker Ferrari suspends production of vehicles for Russian market
- Luxury carmaker Ferrari said on Tuesday it would suspend exports to Russia due to Moscow's invasion of Ukraine.
- 03/08/2022
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Ferrari doesn't see impact on its supply chain from Ukraine crisis
- Ferrari does not see any impact on its supply chain as a consequence of Russia's invasion of Ukraine, a spokesman for the Italian luxury carmaker told Reuters on Thursday.
- 03/03/2022
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Why Ferrari Is A Buy On The Dip
- Value investors will look at GM or Ford stock while growth investors should consider RACE.
- 02/15/2022
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Palantir Technologies (PLTR): Partnership With Ferrari (RACE) Extended
- Palantir Technologies Inc. (NYSE: PLTR) announced a new one-year extended partnership with Ferrari (NYSE: RACE) to bring its data and analytics technology to Scuderia Ferrari. These are the details.
- 02/11/2022
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Creditcorp Ltd (BAP) CEO Gianfranco Ferrari on Q4 2021 Results - Earnings Call Transcript
- Creditcorp Ltd (BAP) CEO Gianfranco Ferrari on Q4 2021 Results - Earnings Call Transcript
- 02/08/2022
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Here's Why Ferrari Partnered With This Leading Chipmaker
- Ferrari NV (NYSE: RACE) collaborated with Qualcomm Inc (NASDAQ: QCOM). Qualcomm will be a Scuderia Ferrari Premium Partner through Snapdragon, Qualcomm's premium product and experience brand leveraged across multiple platforms and categories, including automotive.
- 02/08/2022
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Ferrari has a lot riding on its new SUV, the Purosangue
- Ferrari delivered a record 11,155 cars last year, up 22% from last year, and said its order book is "the strongest ever," stretching into 2023.
- 02/02/2022
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Ferrari N.V.'s (RACE) CEO Benedetto Vigna on Q4 2021 Results - Earnings Call Transcript
- Ferrari N.V.'s (RACE) CEO Benedetto Vigna on Q4 2021 Results - Earnings Call Transcript
- 02/02/2022
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Ferrari Races With 14% Jump In Q4 Profit Amid F8 Model Boost
- Ferrari NV RACE has reported fourth-quarter FY21 sales growth of 10% Y/Y, to €1.17 billion. Thousands of new traders are learning the ins and outs on how to find profitable trades every day with Benzinga Trading School.
- 02/02/2022
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FERRARI TO ANNOUNCE 2021 FULL YEAR AND FOURTH QUARTER FINANCIAL RESULTS ON FEBRUARY 2
- Maranello (Italy), January 25, 2022 - Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that its financial results for the full year and fourth quarter of 2021 will be released on Wednesday, February 2, 2022.
- 01/25/2022
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Goodfood Market Corp. (GDDFF) CEO Jonathan Ferrari on Q1 2022 Results - Earning Call Transcript
- Goodfood Market Corp. (GDDFF) CEO Jonathan Ferrari on Q1 2022 Results - Earning Call Transcript
- 01/18/2022
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Ferrari's Management Shuffle Shows That It's Finally Preparing for the EV Future
- Ferrari's tech-focused new CEO has his team in place. Now it's time to execute.
- 01/10/2022
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Ferrari unveils new organisation and top team to face electrification challenge
- MILAN (Reuters) -Ferrari's new chief executive on Monday unveiled a new organisation and leadership changes aimed at sharpening its technology focus and product exclusivity as the luxury sports car maker embraces electrification.
- 01/10/2022
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Buy Ferrari Stock After Scuderia-Velas NFT deal?
- Should you buy Ferrari (RACE) now?
- 12/31/2021
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Ferrari Gears Up For Partnership With Blockchain Firm Velas
- Ferrari has launched a partnership the Swiss blockchain and NFT company Velas Network, the car maker announced Monday (Dec. 27). The agreement “provides for the creation of exclusive digital content for the Scuderia's fans,” Ferrari said in an announcement.
- 12/28/2021
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Ferrari Partners With Velas Network To Create Digital Content For Scuderia's Fans
- Ferrari NV (NYSE: RACE) said its professional sports team, Scuderia Ferrari, will partner with a Swiss blockchain technology company, Velas Network AG, from next season. The multi-year agreement provides for the creation of exclusive digital content for the Scuderia's fans.
- 12/27/2021
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SHYF vs. RACE: Which Stock Should Value Investors Buy Now?
- SHYF vs. RACE: Which Stock Is the Better Value Option?
- 12/23/2021
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Scuderia Ferrari Revives Partnership With Banco Santander
- Ferrari NV (NYSE: RACE) stated that Banco Santander SA (OTC: BCDRF) will be a team Premium Partner from next season, reviving a partnership with the Maranello team held from 2010 to 2017. The partnership, covering multiple years, will see the bank's logo back on the Scuderia cars, on the race suits of drivers, Charles Leclerc and Carlos Sainz, on the caps and will also be present in the Ferrari Driver Academy activities.
- 12/21/2021
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Ferrari to Put New Corporate Structure in Place in January
- Ferrari is debuting a new corporate structure in January to bolster its operations, the company announced Monday (Dec. 20). New CEO Benedetto Vigna has already begun making changes, with a new management structure slated to be revealed on Jan. 10.
- 12/20/2021
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Ferrari plans new leadership structure, three top manages to leave
- Luxury sports car maker Ferrari announced plans on Monday to shake up its leadership structure, in one of new boss Benedetto Vigna's first major moves, and said three top managers will leave the company.
- 12/20/2021
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Brands from Ferrari to Nike rush toward 'metaverse' future
- The metaverse vision for the internet is far from reality, but brands from Ferrari to Nike are already rushing in to experiment and build an audience, in part for fear of missing out.
- 12/16/2021
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7 Cryptos to Watch as All Eyes Shift to the Federal Reserve
- With multiple events pressuring risk-on assets, investors will need to adopt a cautious approach with the top cryptos. The post 7 Cryptos to Watch as All Eyes Shift to the Federal Reserve appeared first on InvestorPlace.
- 12/15/2021
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How To Invest In EVs (Hint: It's Not Tesla Or Rivian)
- Here, a trio of newsletter advisors from the Cabot Wealth Network — and contributor to MoneyShow.com — caution against jumping on some of the more speculative names while highlighting some alternative picks in the EV space.
- 12/06/2021
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Ferrari: The Stock May Decline But I Am Optimistic
- Ferrari announced that it expects to increase its target market by offering a larger product range. With more cars in the market, customers may not perceive the brand as exclusive. As a result, they may not be willing to acquire that many cars.
- 12/04/2021
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BofA Raises Price Targets For Ford, Ferrari & Toyota
- Electric vehicle stocks have been hit performers in the past couple of months, but one firm raised price targets for three legacy automaker stocks on Monday. The Analysts: Bank of America analyst John Murphy reiterated a Buy rating for Ford Motor Company (NYSE:F) and raised his price target from $20 to $22.
- 11/22/2021
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Goodfood Market Corp. (GDDFF) CEO Jonathan Ferrari on Q4 2021 Results - Earnings Call Transcript
- Goodfood Market Corp. (GDDFF) CEO Jonathan Ferrari on Q4 2021 Results - Earnings Call Transcript
- 11/17/2021
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Ferrari's (RACE) CEO Benedetto Vigna on Q3 2021 Results - Earnings Call Transcript
- Ferrari's (RACE) CEO Benedetto Vigna on Q3 2021 Results - Earnings Call Transcript
- 11/02/2021
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Ferrari Q3 Earnings Races Past Street View, Lifts FY21 EPS Outlook
- Ferrari NV (NYSE: RACE) reported third-quarter FY21 sales growth of 18.6% year-on-year, to €1.1 billion or $1.24 billion, beating the analyst consensus of $1.08 billion. Total shipments of 2,750 units improved 18.9% from last year and 11.2% versus Q3 2019.
- 11/02/2021
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Ferrari ups 2021 EBITDA guidance after first results under new CEO Vigna
- Sports car maker Ferrari said on Tuesday it would raise this year's core earnings forecast after a strong set of results in the third quarter, the first since new Chief Executive Bendetto Vigna started in his role.
- 11/02/2021
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Here's Why Ferrari—Not Tesla—Is Morgan Stanley's Favorite Electric Vehicle Stock
- Morgan Stanley's Adam Jonas forecasts Ferrari shares could climb 10% to $265 over the next year, thanks largely to the firm's burgeoning electric vehicle business.
- 11/01/2021
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Ferrari wins EU court backing in rights spat with German car designer
- Italian luxury sports car maker Ferrari on Thursday won its dispute with a German car design company after Europe's top court agreed with its arguments that it owns the design right to the appearance of its race track car Ferrari FXX K.
- 10/28/2021
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The 7 Best Stocks to Buy to Profit From the Rich
- With the pandemic unintuitively minting new millionaires, you can either get jealous or ride the wave with these stocks to buy. The post The 7 Best Stocks to Buy to Profit From the Rich appeared first on InvestorPlace.
- 10/26/2021
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FERRARI TO ANNOUNCE THIRD QUARTER 2021 FINANCIAL RESULTS ON NOVEMBER 2
- Maranello (Italy), October 20, 2021 - Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that its financial results for the third quarter of 2021 will be released on Tuesday, November 2, 2021.
- 10/20/2021
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Ferrari N.v.: Periodic Report on the Buyback Program
- Maranello (Italy), October 18, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fifth tranche of the common share buyback program announced on October 4, 2021 (“Fifth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows:
- 10/18/2021
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New Strong Sell Stocks for October 13th
- BKNG, CCL, DDAIF, AQUA, and RACE have been added to the Zacks Rank #5 (Strong Sell) List on October 13, 2021.
- 10/13/2021
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Ferrari nv: periodic report on the buyback program
- Ferrari N.V.: periodic report on the buyback program Maranello (Italy), October 11, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fifth tranche of the common share buyback program announced on October 4, 2021 (“Fifth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows: Trading Date (dd/mm/yyyy) Stock Exchange Number of common shares purchased Average price per share excluding fees (€) Consideration excluding fees (€) 05/10/2021 MTA 9,908 178.2285 1,765,888.45 06/10/2021 MTA 15,968 178.1062 2,843,999.75 07/10/2021 MTA 5,426 180.9613 981,896.00 08/10/2021 MTA 5,708 183.7998 1,049,129.05 Total - 37,010 179.4356 6,640,913.25 Since the announcement of the Fifth Tranche of the buyback program dated October 4, 2021 till October 8, 2021, the total invested consideration has been:
- 10/11/2021
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Ferrari N.v.: Completion of the Fourth Tranche of the Disclosed Multi-Year Share Repurchase Program and Announcement of the Fifth Tranche
- Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:
- 10/04/2021
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Former Apple designer Sir Jony Ive to work with Agnelli family on electric Ferrari
- Former Apple designer Sir Jony Ive and his partner Marc Newson at the creative collective LoveFrom have announced a collaboration with the Agnelli family's Exor and Ferrari. Exor said they will explore “a range of creative projects… in the business of luxury”, though The Financial Times has revealed the first project will be designing Ferrari's first electric model.
- 09/28/2021
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), September 27, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:
- 09/27/2021
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Ferrari parent forms alliance with ex-Apple designer Jony Ive
- The duo -- who together developed the popular Apple Watch -- belong to the LoveFrom creative collective of designers, architects writers, engineers and artists.
- 09/27/2021
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ALSN vs. RACE: Which Stock Should Value Investors Buy Now?
- ALSN vs. RACE: Which Stock Is the Better Value Option?
- 09/27/2021
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Ferrari to partner with Jony Ive's new design firm
- Vroom. Vroom. Posh. LoveFrom, perhaps the most secretive creative collective on the planet—spun off by Sir Jony Ive after he stepped down from leading design at Apple—has announced its latest AAA clients: Exor and Ferrari.
- 09/27/2021
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Ferrari, parent Exor clinch alliance with Apple designer Jony Ive
- Italian luxury car maker Ferrari and parent company Exor, the holding vehicle of the Agnelli family, have agreed a long term partnership with Jony Ive, the designer of many of Apple's iconic products, and Marc Newson.
- 09/27/2021
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Buy Lucid Stock as an Acknowledgement That Mass Adoption Is Hard
- While some analysts may compare LCID stock to buying Tesla or Ferrari shares, it's more like acquiring Ford very early on. The post Buy Lucid Stock as an Acknowledgement That Mass Adoption Is Hard appeared first on InvestorPlace.
- 09/24/2021
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Financial Crime: ‘Bamboozled': Texas trade school operator used veterans' GI Bill cash for mansion, Lamborghini, Ferrari and Bentley
- The owner of a fly-by-night Texas trade school has been sentenced to nearly 20 years in prison for taking $72 million in GI Bill cash to give veterans HVAC training but leaving them lacking even basic skills.
- 09/23/2021
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Ferrari N.v.: Periodic Report on the Buyback Program
- Maranello (Italy), September 20, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:
- 09/20/2021
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Thursday Afternoon Analyst Upgrades and Downgrades: Adobe, Chipotle, Ferrari, Lordstorn Motors and More
- Markets turned lower on Thursday despite a solid session on Wednesday and relatively good jobless numbers from the weekly report.
- 09/16/2021
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Should You Buy the Auto Stocks Right Now?
- Strong demand, a transition to EV and autonomous driving, means investing opportunities in the auto industry.
- 09/15/2021
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Investing in the 'Ferrari of EV automakers'
- John Murphy, who covers autos at Bank of America, joins The Exchange with his analysis of Lucid, which he calls "the Ferrari of EV automakers." For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis.
- 09/15/2021
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Lucid is the ‘Tesla/Ferrari' of electric vehicles, B. of A. says
- Lucid Group Inc. stock got a buy rating from analysts at Bank of America, who on Wednesday said Lucid is the “Tesla/Ferrari” of electric vehicles and is taking advantage of lessons learned by the other two luxury auto makers.
- 09/15/2021
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Jay Frye Talks Future Of IndyCar: Hybrid Engine, Aeroscreen, Ferrari, Alternative Fuels And More
- Jay Frye, the president of IndyCar, talked about the progress of the next generation engine and the future state of IndyCar as part of the Grand Prix of Portland this past weekend.
- 09/13/2021
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Ferrari N.v.: Informativa Periodica Sull'acquisto di Azioni Proprie
- Maranello (Italia), 13 settembre 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” o la “Società”) comunica di avere acquistato sul Mercato Telematico Azionario (MTA) e sul New York Stock Exchange (NYSE), nell'ambito della quarta tranche del programma di acquisto di azioni proprie annunciata in data 11 marzo 2021 (“Quarta Tranche”), le ulteriori azioni ordinarie sotto riportate su base giornaliera, in forma aggregata:
- 09/13/2021
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Ferrari N.v.: Periodic Report on the Buyback Program
- Maranello (Italy), September 6, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:
- 09/06/2021
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Lotus Is Getting Money From NIO. What It Means for Ferrari and Porsche.
- The Chinese EV maker NIO has invested in Lotus, which is controlled by Geely. It appears even high-end sports cars will eventually go electric.
- 08/31/2021
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Ferrari N.v.: Periodic Report on the Buyback Program
- Maranello (Italy), August 30, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the New York Stock Exchange (NYSE) as follows:
- 08/30/2021
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Why Ferrari's Profitability Boomed in the Second Quarter
- It wasn't about the semiconductors.
- 08/15/2021
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Best EV Stocks to Buy on Biden Plan
- Which Electric Vehicle stocks will benefit from Biden's plan?
- 08/09/2021
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Why Ferrari's Profitability Surged in the Second Quarter
- The automaker's margin was eye-popping. Was it a fluke?
- 08/02/2021
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Ferrari NV (RACE) CEO John Elkann on Q2 2021 Results - Earnings Call Transcript
- Ferrari NV (RACE) CEO John Elkann on Q2 2021 Results - Earnings Call Transcript
- 08/02/2021
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Ferrari (RACE) Beats Q2 Earnings Estimates
- Ferrari (RACE) delivered earnings and revenue surprises of 12.61% and -4.33%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 08/02/2021
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Ferrari, Continuing Strong Momentum Across All Regions
- CONTINUING STRONG MOMENTUM ACROSS ALL REGIONS
- 08/02/2021
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Ferrari N.v. Places Eur 150 Million in Bonds With U.s.
- M aranello (Italy), 29 July 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announced that it has completed a private placement to certain US institutional investors of EUR 150 million aggregate principal amount of 0.91% senior notes due 2032 (the “Notes”).
- 07/29/2021
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Where To Complete Ferrari Time Trials In ‘Fortnite'
- All Ferrari Time Trial locations in 'Fortnite' for the Season 7, Week 7 challenges.
- 07/22/2021
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7 Vice Stocks To Buy To Be Cynically Defensive
- With so many options in the market seemingly stretched to the hilt, these vice stocks may provide a lucrative opportunity. The post 7 Vice Stocks To Buy To Be Cynically Defensive appeared first on InvestorPlace.
- 07/21/2021
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MOD vs. RACE: Which Stock Should Value Investors Buy Now?
- MOD vs. RACE: Which Stock Is the Better Value Option?
- 07/21/2021
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), July 20, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows:
- 07/20/2021
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Ferrari to Announce Second Quarter 2021 Financial Results on August 2
- Maranello (Italy), July 19, 2021 - Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that its financial results for the second quarter of 2021 will be released on Monday, August 2, 2021.
- 07/19/2021
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- (Italy), July 12, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:
- 07/12/2021
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How Ferrari's EV Future Could Lead To $350 Per Share: Analyst
- Morgan Stanley analyst Adam Jonas released a note on Wednesday detailing how electric vehicles could drive Ferrari N.V. (NYSE:RACE) shares to $350.
- 07/09/2021
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Goodfood Market Corp. (GDDFF) CEO Jonathan Ferrari on Q3 2021 Results - Earnings Call Transcript
- Goodfood Market Corp. (GDDFF) CEO Jonathan Ferrari on Q3 2021 Results - Earnings Call Transcript
- 07/07/2021
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MOD vs. RACE: Which Stock Should Value Investors Buy Now?
- MOD vs. RACE: Which Stock Is the Better Value Option?
- 07/05/2021
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM Maranello (Italy), July 5, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:
- 07/05/2021
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Why Porsche Is Primed to Catch Up With Ferrari
- Ferrari stock has surged, but Porsche represents an investment in the world's largest auto maker, Volkswagen, which is spending aggressively on technology in electric vehicles.
- 07/02/2021
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Ferrari N.v.: Periodic Report on the Buyback Program
- Maranello (Italy), June 28, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:
- 06/28/2021
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Ferrari Could Be Leaving Gasoline Behind Sooner Than You Think
- Is Ferrari's second plug-in hybrid the beginning of the end for another icon of the gasoline era? Or is it the sign of a new beginning?
- 06/26/2021
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How Is Corporate ESG Data Impacting Capital Flows?
- As capital floods into sustainable finance products and strategies, companies are finding themselves assessed by investors against a whole range of novel performance indicators.
- 06/25/2021
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Ferrari says its new supercar is fast and powerful, but it's mostly about having fun
- Ferrari's newest supercar will be an 818-horsepower plug-in hybrid with a V6 engine that can go from zero to 60 miles an hour in under three seconds. But, even with all that power and speed, Ferrari says this car is mostly about fun.
- 06/24/2021
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Ferrari unveils hybrid V6 sports car to expand electrified offer
- Ferrari unveiled a new plug-in hybrid car on Thursday to increase its offer of cleaner vehicles and meet changing tastes in the exclusive market for high-performance sports cars.
- 06/24/2021
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Churchill Capital's Premium Is Rich But It's Not Crazy
- While CCIV stock, which will eventually become Lucid Motors' equity unit, seems outrageously rich, there's some credibility here. The post Churchill Capital's Premium Is Rich But It's Not Crazy appeared first on InvestorPlace.
- 06/22/2021
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Ferrari N.V.: periodic report on the buyback program
- Maranello (Italy), June 21, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows: MTA NYSE Total Trading Number of common shares purchased Average price per share Consideration excluding fees Number of common shares purchased Average price per share Consideration excluding fees Consideration excluding fees Number of common shares purchased Average price per share Consideration excluding fees Date excluding fees excluding fees excluding fees (d/m/y) (€) (€) ($) ($) (€)* (€)* (€)* 14/06/2021 14,000 169.0854 2,367,195.60 6,607 205.1820 1,355,637.47 1,119,251.55 20,607 169.1875 3,486,447.15 15/06/2021 14,000 168.5094 2,359,131.60 5,116 203.9984 1,043,655.81 861,955.58 19,116 168.5022 3,221,087.18 16/06/2021 14,000 167.2038 2,340,853.20 7,100 202.6980 1,439,155.80 1,187,030.52 21,100 167.1983 3,527,883.72 17/06/2021 4,233 165.9429 702,436.30 - - - - 4,233 165.9429 702,436.30 18/06/2021 - - - 3,517 200.3974 704,797.66 592,366.50 3,517 168.4295 592,366.50 46,233 168.0535 7,769,616.70 22,340 203.3683 4,543,246.74 3,760,604.14 68,573 168.1452 11,530,220.84 Total Since the announcement of the Fourth Tranche of the buyback program dated March 11, 2021 till June 18, 2021, the total invested consideration has been: • Euro 76,178,139.52 for No. 444,707 common shares purchased on the MTA. • USD 11,867,066.07 (Euro 9,835,736.65*) for No. 57,956 common shares purchased on the NYSE As of June 18, 2021, the Company held in treasury No. 9,415,174 common shares equal to 3.66% of the total issued share capital including the common shares and the special voting shares, net of shares assigned under the Company's equity incentive plan. Since January 1, 2019 until June 18, 2021, the Company has purchased a total of 4,229,848 own common shares on MTA and NYSE for a total consideration of Euro 589,436,109.34. A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Ferrari's corporate website under the Buyback Programs section (http://corporate.ferrari.com/en/investors/stock-and-shareholder-corner/buyback-programs). (*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase
- 06/21/2021
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Amazon (AMZN) AWS Picked by Ferrari, Bolsters Client Base
- Amazon's (AMZN) cloud portfolio efficiency and reliability get highlighted with the Ferrari agreement.
- 06/21/2021
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MOD vs. RACE: Which Stock Should Value Investors Buy Now?
- MOD vs. RACE: Which Stock Is the Better Value Option?
- 06/18/2021
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Ferrari Opts Amazon's AWS Cloud Service To Fastrack Road Car Innovation
- Amazon.com Inc (NASDAQ: AMZN) company Amazon Web Services, Inc. (AWS) inked an agreement with Ferrari NV (NYSE: RACE) to become their Official Cloud, Machine Learning, and Artificial Intelligence Provider. The arrangement will help to accelerate innovation across the entire Ferrari organization, including their road cars department, GT Competitions, the Ferrari Challenge, and the Scuderia Ferrari FORMULA 1 (F1) team.
- 06/18/2021
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Ferrari, Amazon's AWS enter agreement on data
- Ferrari and Amazon Web Services (AWS) have entered an agreement to make Amazon's cloud computing unit the luxury carmaker's cloud storage, machine learning, and artificial intelligence provider, AWS said on Friday.
- 06/18/2021
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Investors Scramble To Rerate Ferrari As Electric Turmoil Looms
- After Ferrari finally appointed a new leader, investors breathed a sigh of relief, before dumping the shares citing worries about how much money would have to be spent turning gas guzzlers into electric cars. Investors were thinking again about the sky-high luxury-goods type valuation of its shares.
- 06/17/2021
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Why Goldman Sachs Downgraded Kinder Morgan and Ferrari
- With crude oil prices up by about 47% since the beginning of 2021 and gasoline prices now averaging $3.08 a gallon for regular, virtually every stock in the oil and gas industry is trading near recently posted 52-week highs.
- 06/14/2021
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Ferrari N.v.: Periodic Report on the Buyback Program
- Maranello, (Italy), June 14, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:
- 06/14/2021
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Goldman Sachs Cuts Ferrari As It Increases Capex To Race Ahead
- Ferrari NV (NYSE: RACE) will need to make higher capital expenditure earlier than expected for its transition to future technologies, according to Goldman Sachs. The Ferrari Analyst: George Galliers downgraded the rating for Ferrari from Buy to Sell, while reducing the price target from $227 to $207.
- 06/14/2021
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Ferrari Stock Skids After Rare Double Downgrade
- Goldman Sachs analyst George Galliers cut his rating from Buy to Sell, without stopping at Hold, and dropped his price target to $207 from $227 a share.
- 06/14/2021
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Ferrari downgraded from buy to sell at Goldman Sachs
- Ferrari shares traded lower in Milan as Goldman Sachs cut its rating on the sportscar maker to sell from buy, and its price target was lowered to $207 from $227. The company's announcement of a battery electric vehicle by 2025, and the appointment of a new chief executive with a tech background, may drive the need for incremental capital spending.
- 06/14/2021
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Ferrari flaunts its latest models on the catwalk
- Ferrari is racing through the gears to bring its Prancing Horse brand to the catwalk and fine dining in an attempt to woo wealthy customers beyond its faithful fans.
- 06/11/2021
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When Will Electric Vehicles Take Over the World's Auto Market?
- Are we talking three years? Ten? Thirty?
- 06/10/2021
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Ferrari Embraces Electric Future With New CEO
- On Wednesday, Ferrari NV ( RACE , Financial) announced it has appointed Benedetto Vigna as its new CEO. Vigna will join Ferrari at the beginning of September upon his departure from STMicroelectronics NV ( STM , Financial).
- 06/09/2021
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Ferrari Appoints STMicroelectronics Exec as New CEO
- Appointment of a chipmaker executive cements the belief the supercar maker is going all-in on EVs.
- 06/09/2021
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Tech executive tapped as new Ferrari CEO as it plans its first EV
- Ferrari has turned to a top tech executive to be its new CEO and lead the company into the age of electric supercars.
- 06/09/2021
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Here's why Ferrari tapped an electronics veteran as its new CEO
- Ferrari named Benedetto Vigna as its next chief executive on Wednesday. The electronics pioneer will take the helm on September 1st and lead the company as the world moves to electric vehicles.
- 06/09/2021
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Ferrari Appoints Tech Expert Benedetto Vigna as CEO
- Ferrari NV (NYSE: RACE) appointed Benedetto Vigna as Chief Executive Officer, effective 1st September. Vigna is the president of Analog, MEMS (Micro-electromechanical Systems), and Sensors Group at STMicroelectronics NV (NYSE: STM), a French-Italian electronics and semiconductors manufacturer, headquartered in Geneva.
- 06/09/2021
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Armani's future in focus as group denies any interest in Ferrari tie-up
- Speculation over the future of Italian fashion group Armani came to the fore on Wednesday after the Milanese brand said it had no interest in a tie-up with luxury sports car maker Ferrari, as proposed in a plan by investment banks.
- 06/09/2021
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Ferrari hires new CEO with reputation as electronics innovator
- Ferrari NV (BIT:RACE)(NYSE:RACE) has appointed tech specialist Benedetto Vigna as its new chief executive. The 52-year old Italian national will join the sports car maker at the start of September from STMicroelectronics NV (NYSE:STM), the Franco-Italian electronics and semiconductors group where he has worked since 1995.
- 06/09/2021
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Factbox-Who is the new Ferrari CEO?
- Italian luxury sports car maker Ferrari on Wednesday named as its new chief executive Benedetto Vigna, a physics graduate who has spent the last 26 years at chip maker STMicroelectronics (ST).
- 06/09/2021
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Ferrari appoints STM exec Benedetto Vigna as new CEO
- Ferrari has appointed Benedetto Vigna as its new chief executive, it said on Wednesday, as the Italian luxury carmaker fills a six-month vacancy at its top job.
- 06/09/2021
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FERRARI APPOINTS BENEDETTO VIGNA AS CHIEF EXECUTIVE OFFICER
- Maranello (Italy), 9 June 2021 - Ferrari N.V. (“Ferrari” or the “Company”) announces the appointment of Benedetto Vigna as its Chief Executive Officer.
- 06/09/2021
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Ferrari N.v.: Periodic Report on the Buyback Program
- Maranello (Italy), June 7, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows:
- 06/07/2021
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MOD or RACE: Which Is the Better Value Stock Right Now?
- MOD vs. RACE: Which Stock Is the Better Value Option?
- 06/02/2021
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), May 31, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:
- 05/31/2021
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Sustainable mobility has become central for Ferrari - chairman
- The issue of sustainable mobility has become central for Ferrari as the luxury carmaker prepares to unveil its first all-electric model in 2025, Chairman John Elkann said on Thursday.
- 05/27/2021
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Elephant Tracking: How to Spot the Market's Next Mega Winners BEFORE They Take Off
- I often say large money managers are the “elephants” in the market. What does that mean?
- 05/25/2021
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Ferrari N.v.: Periodic Report on the Buyback Program
- Maranello (Italy), May 24, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows:
- 05/24/2021
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), May 17, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:
- 05/17/2021
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ALSN or RACE: Which Is the Better Value Stock Right Now?
- ALSN vs. RACE: Which Stock Is the Better Value Option?
- 05/17/2021
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- 05/10/2021
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Ferrari Unveils Limited Edition Versions Of The 812 Superfast
- Ferrari launched the 812 Competizione Wednesday in Maranello, Italy a new limited-edition special series car derived from the 812 Superfast.
- 05/05/2021
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Ferrari Shares Steady After Delayed Profit News Inspires Tailspin
- Leaderless legendary luxury sports car maker Ferrari shares stabilized Wednesday after diving 8% the previous day after it delayed its profit target for next year, citing the damage to its markets from the coronavirus pandemic.
- 05/05/2021
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Ferrari's (RACE) Management on Q1 2021 Results - Earnings Call Transcript
- Ferrari's (RACE) Management on Q1 2021 Results - Earnings Call Transcript
- 05/04/2021
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Why Ferrari Stock Is Hitting the Brakes Today
- Good earnings were overshadowed by some disappointing guidance.
- 05/04/2021
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Ferrari Reported a Strong First Quarter, but Postponed Its 2022 Profit Target
- Ferrari said that it will need an extra year to hit its profit goals because of pandemic-related spending cuts.
- 05/04/2021
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Ferrari (RACE) Surpasses Q1 Earnings Estimates
- Ferrari (RACE) delivered earnings and revenue surprises of 0.75% and -2.92%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 05/04/2021
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Strong First Quarter Results and Record Order Book. DECISIVE MANAGEMENT OF COVID-19 PANDEMIC IMPACTS
- STRONG FIRST QUARTER RESULTS AND RECORD ORDER BOOK DECISIVE MANAGEMENT OF COVID-19 PANDEMIC IMPACTS
- 05/04/2021
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FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Maranello (Italy), May 3, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows:
- 05/03/2021
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SHYF vs. RACE: Which Stock Is the Better Value Option?
- SHYF vs. RACE: Which Stock Is the Better Value Option?
- 04/30/2021
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FERRARI TO ANNOUNCE FIRST QUARTER 2021 FINANCIAL RESULTS ON MAY 4
- Maranello (Italy), April 27, 2021 - Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that its financial results for the first quarter of 2021 will be released on Tuesday, May 4, 2021.
- 04/27/2021
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Ferrari N.V.: Periodic Report on the Buyback Program
- Maranello (Italy), April 26, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows:
- 04/26/2021
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Ferrari unveils first details of special edition V12 car based on 812 Superfast
- Luxury carmaker Ferrari on Wednesday unveiled initial details of its new supercar, the first of three new models it has promised for the coming months.
- 04/21/2021
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Ferrari appoints Top Gear's Charlie Turner as chief content officer
- Luxury carmaker Ferrari has appointed BBC's Top Gear Editorial Director Charlie Turner for the newly created position of chief content officer, it said on Tuesday.
- 04/20/2021
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Mercedes Announces Electric Car—But Other Luxury Sellers Like Ferrari, Lamborghini Lag Behind
- The European Union plans have at least 30 million zero-emission vehicles on the roads by 2030 and achieve carbon neutrality by 2050.
- 04/16/2021
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Ferrari chairman says making 'good progress' on CEO shortlist
- Ferrari is making good progress on a shortlist of "very strong" candidates to be the Italian luxury carmaker's next chief executive, Chairman John Elkann told shareholders at a general meeting on Thursday.
- 04/15/2021
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FERRARI ANNOUNCES VOTING RESULTS FROM ITS ANNUAL GENERAL MEETING
- Maranello (Italy), 15 April 2021 - Ferrari N.V. (“Ferrari” or the “Company”) (NYSE/MTA: RACE) announced today that all resolutions proposed to Shareholders at the Ferrari's Annual General Meeting of Shareholders (the “AGM”) held today virtually were passed.
- 04/15/2021
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OSK vs. RACE: Which Stock Is the Better Value Option?
- OSK vs. RACE: Which Stock Is the Better Value Option?
- 04/14/2021
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Ferrari N.v.: Periodic Report on the Buyback Program
- Maranello (Italy), April 12, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) and on the New York Stock Exchange (NYSE) as follows:
- 04/12/2021
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Ferrari N.V.: periodic report on the buyback program
- Maranello (Italy), March 31, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows:
- 03/31/2021
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STRT vs. RACE: Which Stock Should Value Investors Buy Now?
- STRT vs. RACE: Which Stock Is the Better Value Option?
- 03/29/2021
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Ferrari N.V.: periodic report on the buyback program
- Maranello (Italy), March 23, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), common shares - reported in aggregate form, on a daily basis - on the Italian Stock Exchange (MTA) as follows:
- 03/23/2021
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Why CCIV Stock Is Worth $47 Billion Today
- A SPAC accounting quirk misprices CCIV stock over six times over. Here's why Lucid Motors is worth $47 billion, and where it could go next.
- 03/19/2021
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FERRARI SHARE REPURCHASE PROGRAM
- Maranello (Italy), March 11, 2021 - Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) communicates its intention to restart its multi-year share repurchase program announced on December 28, 2018 (the “Program”) with a fourth tranche of up to Euro 150 million to start on March 12, 2021 (“Fourth Tranche”) and to end no later than September 30, 2021, of which up to Euro 120 million to be executed on the MTA market under a non-discretionary share repurchase agreement with a primary financial institution and up to Euro 30 million to be executed on the NYSE under an additional mandate with a primary financial institution.According to the Program, to date Ferrari has acquired 3,809,334 common shares for a total consideration of approximately Euro 513 million, with the last purchase having been made on March 30, 2020, when the Program was temporarily suspended at the inception of the pandemic outbreak.The Fourth Tranche will be conducted in the framework of the resolution adopted by the Annual General Meeting of Shareholders held on April 16, 2020. The repurchases will be made in accordance with applicable laws and regulations.As of today, the Company holds 9,175,609 common shares in treasury.
- 03/11/2021
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Ferrari's owner is taking a stake in Christian Louboutin shoe brand
- Italy's billionaire Agnelli family, whose holdings include a controlling stake in Ferrari, is taking a stake in the Christian Louboutin shoe brand. The Agnellis' firm Exor is paying $643 million for a 24-percent stake in Louboutin to grow its online business and help it expand into more markets including China, the companies said on Monday.
- 03/08/2021
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FERRARI PUBLISHES AGENDA FOR THE 2021 AGM
- Maranello (Italy), March 4, 2021 - Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari”) announced today that it has published the agenda and the explanatory notes for the 2021 Annual General Meeting of Shareholders (“AGM”), which will be held virtually on April 15, 2021, beginning at 12:00 p.m. CEST. To protect the health and safety of all participants in connection with the Covid-19 outbreak, Shareholders will not be allowed to attend the AGM in person.
- 03/04/2021
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Ferrari Sparkling Wine Becomes The Official Toast Of Formula One
- Italian sparkling wine will be at the podium
- 03/03/2021
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Dividend Increases: February 20-26, 2021
- Dividend Increases: February 20-26, 2021
- 02/28/2021
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Ferrari Releases Its 2020 Annual Report And files Annual Report on Form 20-F
- Maranello (Italy), February 26, 2021 - Ferrari N.V. (NYSE/MTA: RACE) announced today that it has published its 2020 Annual Report and filed its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2020, with the United States Securities and Exchange Commission.
- 02/26/2021
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Dividend Distribution Proposal
- Maranello (Italy), February 26, 2021 - Ferrari N.V. (NYSE/MTA: RACE) (the “Company”) announced today that its Board of Directors intends to recommend to the Company's shareholders a dividend distribution to the holders of common shares of Euro 0.867 per common share, corresponding to a total distribution of approximately Euro 160 million.
- 02/26/2021
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Ferrari To Return To Outright Le Mans Sportscar Battle After 40 Years
- After 40 years away, Italian sportscar icon Ferrari will return to the outright battle for the 100th anniversary of the Le Mans 24 Hour race in 2023.
- 02/24/2021
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STRT or RACE: Which Is the Better Value Stock Right Now?
- STRT vs. RACE: Which Stock Is the Better Value Option?
- 02/24/2021
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Ferrari and Richard Mille Sign a Partnership Contract
- Maranello (Italy), 22 February 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari”) announces that Ferrari and Richard Mille have signed a multi-year partnership agreement, which will see the Haute Horlogerie brand become sponsor and licensee for the Prancing Horse.
- 02/22/2021
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7 Stocks to Buy to Introduce Kids to Investing
- Portfolio manager Peter Lynch wrote a great book introducing kids to investing and how to figure out which stocks to buy. Here are seven.
- 02/12/2021
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STRT or RACE: Which Is the Better Value Stock Right Now?
- STRT vs. RACE: Which Stock Is the Better Value Option?
- 02/08/2021
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Ferrari Profits Slipped In 2020, But Should Remain Strong As Electric Threat Looms
- Ferrari profits slipped a bit in 2020, should progress well in 2021, but watch out for the long-term threat from electrification.
- 02/03/2021
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Ferrari N.V. (RACE) CEO John Elkann on Q4 2020 Results - Earnings Call Transcript
- Ferrari N.V. (RACE) CEO John Elkann on Q4 2020 Results - Earnings Call Transcript
- 02/02/2021
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Ferrari: Q4 Earnings Insights
- Shares of Ferrari (NYSE:RACE) decreased 0.6% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 18.81% over the past year to $1.20, which missed the estimate of $1.27.
- 02/02/2021
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2020 Results Exceeded Full Year Guidance on All Metrics Driven by Record Fourth Quarter Results.
- 2020 RESULTS EXCEEDED FULL YEAR GUIDANCE ON ALL METRICS DRIVEN BY RECORD FOURTH QUARTER RESULTS.2021 GUIDANCE TARGETING A STRONG REBOUND.
- 02/02/2021
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Why Ferrari (RACE) Might Surprise This Earnings Season
- Ferrari (RACE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 02/01/2021
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Experience Investment Is a Cynically Profitable Investment in the New Normal
- At first glance, the underlying urban air mobility service of EXPC stock seems a bit much during this health and economic crisis. But the finer details suggest a contrarian play at work.
- 01/27/2021
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DAN vs. RACE: Which Stock Should Value Investors Buy Now?
- DAN vs. RACE: Which Stock Is the Better Value Option?
- 01/21/2021
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Ferrari (RACE) Sees Hammer Chart Pattern: Time to Buy?
- Ferrari (RACE) has been struggling lately, but the selling pressure may be coming to an end soon.
- 01/20/2021
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Ferrari to announce 2020 Full Year and Fourth Quarter financial results on February 2
- Maranello (Italy), January 18, 2021 - Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that its financial results for the full year and fourth quarter of 2020 will be released on Tuesday, February 2, 2021.
- 01/18/2021
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2021 Corporate Calendar
- Maranello (Italy), 15 January 2021 - Ferrari N.V. (the “Company”) (NYSE/MTA: RACE) announced today the following corporate calendar for year 20211:
- 01/15/2021
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TriMas (TRS) Acquires Affaba & Ferrari, Expands Product Offering
- The latest acquisition will help TriMas (TRS) strengthen its existing food and beverage, and industrial product lines.
- 12/15/2020
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Ferrari Shares Resume Advance, Shaking Off Leadership Worries
- Legendary supercar maker Ferrari's share price wobbled a bit after news its CEO Louis Camilleri had quit, but quickly resumed an upward trend as rumors swirled about the likely replacement.
- 12/14/2020
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Fiat CEO Manley in pole position for top job at Ferrari - paper
- Fiat Chrysler Chief Executive Mike Manley is in pole position to take over the top job at Ferrari, Italian daily Il Messaggero said on Saturday in an unsourced report.
- 12/12/2020
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Ferrari CEO Steps Down
- Louis Camilleri is departing because of "personal reasons."
- 12/11/2020
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Reports former Vodafone CEO Colao among candidates for Ferrari top job groundless - source
- Italian media reports citing the former chief executive of Vodafone Vittorio Colao as one of the candidates for the top job at Ferrari are groundless, a source close to Colao said on Friday.
- 12/11/2020
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Ferrari CEO Louis Camilleri retires 'with immediate effect'
- Ferrari chief executive Louis Camilleri has retired "with immediate effect," the company announced late Thursday.
- 12/11/2020
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Ferrari CEO Louis Camilleri steps down after battle with COVID-19
- Ferrari CEO Louis Camilleri has abruptly resigned after a bad case of the coronavirus reportedly landed him in the hospital. The Italian luxury automaker announced Thursday that Camilleri had decided to retire effective immediately for “personal reasons” after about two and a half years at the helm.
- 12/11/2020
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Appointment of new Ferrari CEO will take 'appropriate time': source
- The process to choose and appoint a new chief executive for Italian luxury carmaker Ferrari will not be rushed and will take the appropriate time required, a source close to the matter told Reuters on Friday.
- 12/11/2020
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Ferrari falls 1% after CEO Camilleri's sudden exit
- Shares in Ferrari fell more than 1% on Friday after the sudden departure of CEO Louis Camilleri, once again raising questions about leadership and future strategy at the luxury carmaker.
- 12/11/2020
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Ferrari: A Perennial Compounder Racing On The Fast Lane
- Ferrari has successfully built the world's strongest luxury and premium brand. Brand, pricing power, and rising economies of scale give it a durable competitive advantage. Its extremely-profitable growth track record through sunny and rainy conditions confirms Ferrari to be a perennial compounder for GARP investors.
- 12/11/2020
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Louis Camilleri, Ferrari CEO and Philip Morris chairman, retires from both roles
- Louis Camilleri, chief executive officer or Ferrari N.V. and executive chairman of tobacco giant Philip Morris International Inc is retiring from his roles at both companies effective immediately, the companies said on Thursday.
- 12/10/2020
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Chief Executive Officer Louis Camilleri Retires for Personal Reasons; Executive Chairman John Elkann acting Chief Executive Officer
- Maranello (Italy), 10 December 2020 – Ferrari N.V. (NYSE/MTA: RACE) (”Ferrari” or “the Company”) announces that Mr. Louis Camilleri communicated today to the Company his decision, for personal reasons, to retire with immediate effect from his role as the Company's Chief Executive Officer and as member of the Board of Directors.
- 12/10/2020
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7 Auto Stocks to Watch Going Into 2021
- With the way Tesla has been dominating the automotive sector, it may surprise you that there are other auto stocks to keep your eyes on. The post 7 Auto Stocks to Watch Going Into 2021 appeared first on InvestorPlace.
- 12/04/2020
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Exclusive: Activist investor Ferrari targets environment, social laggards with new fund
- Activist investor Gianluca Ferrari, who has led campaigns against a string of mid-cap firms, is setting up a fund targeting companies lagging on environmental, social and governance (ESG) issues.
- 11/27/2020
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Why Ferrari Is Recession-Proof
- The elite automaker's 73-year-old business model was built to succeed in any market conditions.
- 11/19/2020
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Ferrari Unveils Hybrid SF90 Spider That Uses Electric And Combustion Motors
- Ferrari N.V. (NYSE: RACE) presented its new SF90 Spider model this past week.
- 11/15/2020
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Car stocks roundup: Strong China demand fuels Q3 recovery
- Strong demand for new vehicles in China has facilitated a faster-than-expected recovery in the car market. Nearly all major carmakers topped analysts' expectations for the third quarter to facilitate a great buying interest.
- 11/08/2020
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Most Investors Expect Ferrari's Financial Strength To Continue
- Ferrari produced another stellar financial report, the share price zoomed and most investors were happy. Ferrari's share price suggests it is classed as a luxury goods purveyor, rather than a boring old car company, but some wonder if it has accelerated into unsustainable territory.
- 11/06/2020
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Ferrari N.V. (RACE) CEO Louis Camilleri on Q3 2020 Results - Earnings Call Transcript
- Ferrari N.V. (RACE) CEO Louis Camilleri on Q3 2020 Results - Earnings Call Transcript
- 11/03/2020
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Ferrari stock soars as CEO says company has no plans to go electric
- Ferrari's shares are firing on all cylinders — and its cars will be guzzling gas for the foreseeable future. The Italian luxury automaker's shares surged more than 7 percent Tuesday after it reported strong demand for its highly profitable sports cars such as the Monza.
- 11/03/2020
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Ferrari N.V.'s (RACE) CEO Louis Camilleri on Q3 2020 Results - Earnings Call Transcript
- Ferrari N.V.'s (RACE) CEO Louis Camilleri on Q3 2020 Results - Earnings Call Transcript
- 11/03/2020
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Ferrari Guides to a Stronger-Than-Expected 2020 Profit After Earnings Beat Estimates
- Racing revenue was down, but V-12 shipments were up.
- 11/03/2020
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Ferrari (RACE) Gears Up to Retest Trendline Resistance
- Ferrari (RACE) shares moved higher in Tuesday's pre-market after better-than-expected third quarter financial results.
- 11/03/2020
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ON TRACK TO REACH THE TOP END OF THE FULL YEAR GUIDANCE ON ALL METRICS
- Ferrari N.V. (NYSE/MTA: RACE) today announces its consolidated preliminary results for the third quarter and nine months ended September 30, 2020,summarized below:
- 11/03/2020
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10 Most Expensive Cars in the World of All Time
- For most of us, our lifetime earnings couldn't even come close to being able to purchase the 10 most expensive cars in the world of all time. Every car owner knows the sentimental value attached to his car, be it a beat up Honda or Toyota, or a brand new top of the class BMW 7 Series.
- 10/27/2020
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