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GCI Liberty is bullish as it announces merger with Liberty Broadband Corporation
https://themarketsignal.com/Free-Report/GLIBA
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GCI Liberty Inc (NASDAQ:GLIBA) is trading at a higher price than its pivot point 76.31, thus indicating a bullish day.
GCI Liberty Inc recently announced a planned combination with Liberty Broadband Corporation. It is a stock-for-stock merger deal and is expected to be completed in the first half of 2021. Then merger has been delayed by the COVID0-19 pandemic. During 2Q, GCI Liberty reported 5% increase in GCI Consumer revenue and 6% growth in GCI Business revenue.
The company reported $22 million increase in GCI operating income. GCI Liberty closed the quarter with $552 million in cash and cash equivalents.
Anaplan is bullish with positive outlook for fiscal 2021
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Anaplan Inc. (NYSE:PLAN) is trading at a higher price than its pivot point 46.35, thus indicating a bullish day.
Anaplan Inc has announced its guidance for its third quarter fiscal 2021. During the fiscal 2021, the company expects total revenue to range between $109 million and $110 million. The company has projected non-GAAP operating margin to range between -12% and 13.5%. Anaplan expects its billings to range between $133 million and $135 million.
BorgWarner is positive trading higher than its pivot point
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BorgWarner Inc. (NYSE:BWA) is trading at a higher price than its pivot point 46.35, thus indicating a bullish day.
BorgWarner sells its exhaust gas recirculation (EGR) to the most recent FireFly gasoline engine developed for the Fiat 500 and Panda hybrid models. It is the company's first gasoline EGR module to apply on mild-hybrid engine technology for Fiat Chrysler Automobiles (FCA) in the EMEA region.
The technology is used on 1.0-liter, three-cylinder engine to lower emissions. The technology is used to lower temperatures and improve engine efficiency. It helps improve fuel economy and reduce brake specific fuel consumption (BSFC). It helps achieve the industry's overall goal of cleaner- running hybrid applications.
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COMTEX_370479511/2700/2020-09-01T09:17:15
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