Auto Stock Roundup: GPI’s Stellar Preliminary Results, THO’s Payout Hike & More

Amid the changing dynamics of the auto industry and technological advancements, carmakers are fast shifting gears to electric and driverless vehicles. To this end, auto biggies like Toyota, Daimler and Ford made important announcements last week. Japan-based auto giant Toyota and Hino teamed up to make electric fuel cell trucks for the North American market. German automaker Daimler promised four new electric vehicle (EV) models off its large Electric Vehicle Architecture, starting from next year. U.S. auto biggie Ford revealed that it holds a stake in newly public company, Velodyne Lidar, in a bid to broaden its self-driving vehicle technology portfolio.

(Read the Last Auto Stock Roundup here)

Recap of the Week’s Most Important Stories

Toyota TM announced the decision to manufacture a heavy duty Class 8 hydrogen fuel cell electric truck for the North American market in collaboration with its subsidiary, Hino Motor Co, a Japan-based commercial vehicle manufacturer.

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3 Top-Ranked Auto Retailers Poised for Robust Q3 Results

The coronavirus pandemic hit the auto sector hard, resulting in sluggish demand for vehicles, low footfall at dealerships and supply chain disruptions. However, demand for vehicles is gradually on the mend. While third-quarter U.S. auto sales declined year over year, it rebounded from the sharp plunge witnessed in the second quarter. On a further positive note, sales for September grew year over year. With COVID-19 restrictions easing and people getting used to a new normal, consumers are flocking back to purchase vehicles. 

Increasing consumer confidence, declining unemployment rate and Fed’s efforts to support the economy bode well for the auto industry, which is highly cyclical in nature. Amid the improving landscape, the auto retail industry is flourishing. In addition to rising demand of vehicles, increasing e-commerce initiatives and cost-containment efforts to boost liquidity are also acting as key drivers. Online traffic is on the rise, with auto retailers ramping up

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Xbox Series X’s machine-learning auto-HDR renders stunning results

The Xbox Series X has a number of display-related technologies and features that we haven’t seen in any console before. This includes support for 4K at 120Hz over HDMI 2.1 and variable refresh rate (like AMD’s FreeSync). But the upcoming PlayStation 5 and most new graphics cards will also have HDMI 2.1. One feature that Microsoft’s console does have a monopoly on for now, however, is something called auto-HDR. The company is using a machine-learning process to add support for high-dynamic range, which — as the name suggests — expands the display range for both contrast and color. Even more than a higher resolution, this is the tech that makes most modern TVs look better than your old flat panels.

Now Xbox Series X and S can apply this effect to games that launched before television HDR was even invented.

I’ve tested auto-HDR in a number of backward compatible games

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Costco Wholesale Corporation (COST) on Q4 2020 Results – Earnings Call Transcript

Costco Wholesale Corporation (NASDAQ:COST) Q4 2020 Earnings Conference Call September 24, 2020 5:00 PM ET

Company Representatives

Richard Galanti – Executive Vice President, Chief Financial Officer

Conference Call Participants

Simeon Gutman – Morgan Stanley

Chris Horvers – JPMorgan

Chuck Grom – Gordon Haskett

Karen Short – Barclays

Michael Lasser – UBS

Paul Lejuez – Citi

Oliver Chen – Cowen

John Heinbockel – Guggenheim Partners

Scott Mushkin – R5 Capital

Rupesh Parikh – Oppenheimer

Scot Ciccarelli – RBC Capital

Mike Baker – D.A. Davidson

Peter Benedict – Baird

Kelly Bania – BMO Capital

Laura Champine – Loop Capital

Blake Anderson – Jefferies

Greg Melich – Evercore ISI

Robert Moskow – Credit Suisse

Operator

Ladies and gentlemen, thank you for standing by and welcome to the Costco Q4 Earnings Call. At this time all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions].

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Colony Capital Announces Final Results of Tender Offer for Outstanding 3.875% Convertible Senior Notes Due 2021

Colony Capital, Inc. (the “Company”) today announced the expiration and final results of the Company’s previously announced cash tender offer (the “Offer”) for any and all of its outstanding 3.875% Convertible Senior Notes due 2021 (the “Convertible Notes”).

The Offer expired at 12:00 midnight, New York City time, at the end of September 24, 2020. As of the expiration of the Offer, $81,309,000 aggregate principal amount of the Convertible Notes, representing approximately 72% of the total Convertible Notes outstanding, were validly tendered (and not validly withdrawn) pursuant to the Offer. The Company has accepted for purchase all Convertible Notes that were validly tendered (and not validly withdrawn) pursuant to the Offer at the expiration of the Offer at a purchase price equal to $1,000 per $1,000 principal amount of Convertible Notes, plus accrued and unpaid interest.

The Company expects to pay approximately $81.9 million for the purchase of the Convertible

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Mini Ads For Lawyers That Pay Off With Big Results

Here’s my secret weapon I found out about years ago – and I’d like to share it with you.

Legal marketing consultants won’t tell you about these – and most of your competition has never even thought about using one.

Years ago, I stumbled on the notion of running 2X2 inch ads in local papers – targeted at just one tort. These ads are often overlooked, or in some cases unknown as an option, because most legal marketing consultants heavily focus on producing television commercials – not running tiny print ads in the local paper.

Many times, these are also unknown as an option because the print media enthusiastically pushes their real money makers–full page, half page, and double truck ads.

Trust me, if you’re going after one tort – these ads will PAYOFF BIG TIME!

So for example: The headline: Sexual Harassment at Work? – with the copy – … Read More

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For Quick Results Sell Your Car Online

Technology has changed the way people think today and the way that they do business. All kind of transaction today is done online. Whether you want to buy a pen or a house, it can all be done from the comfort of your home. So if you are planning to sell your car then you too have to look no further.

Internet today is used not only to buy cars it also helps you to sell used cars. You can start by advertising your old car on the auto sites online. There are many websites which deal in online car sales. Out of these some offer you this service free of cost wherein you can advertise your car until it is sold whereas there are some that charge you some fee for it.

So, the first thing that you need to look for is a website that allows you to … Read More

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