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GREENWICH, Conn., May 19, 2021 (GLOBE NEWSWIRE) XPO Logistics, Inc. (NYSE: XPO) today announced that Angus Tweedie has been appointed to the leadership team of GXO Logistics, Inc., the intended spin-off of XPO’s logistics business. Tweedie will join XPO later this month and become senior vice president, strategy for GXO when the planned spin-off is complete. Working with Mark Manduca, GXO’s chief investment officer, Tweedie’s responsibilities will include analyzing growth opportunities for GXO, as well as communicating the company’s investment rationale to the global investment community. Tweedie has led two highly ranked research teams in Europe: Citigroup’s European automotive research and Bank of America Merrill Lynch’s travel and leisure research. He also led TMT research for Macquarie Securities Group in London. Tweedie holds a degree in history from the University of Edinburgh in Scotland. Brad Jacobs, chairman and chief executive offic ....
XPO announces new leadership team member XPO Logistics, Inc. (NYSE: XPO) today announced that Angus Tweedie has been appointed to the leadership team of GXO Logistics, Inc., the intended spin-off of XPO’s logistics business. Tweedie will join XPO later this month and become senior vice president, strategy for GXO when the planned spin-off is complete. Working with Mark Manduca, GXO’s chief investment officer, Tweedie’s responsibilities will include analyzing growth opportunities for GXO, as well as communicating the company’s investment rationale to the global investment community. Tweedie has led two highly ranked research teams in Europe: Citigroup’s European automotive research and Bank of America Merrill Lynch’s travel and leisure research. He also led TMT research for Macquarie Securities Group in London. Tweedie holds a degree in history from the University of Edinburgh in Scotland. ....
Aston Martin posts smaller Q1 loss as vehicle sales more than double Aston Martin posts smaller Q1 loss as vehicle sales more than double Company maintains full-year guidance, boosted by demand for first SUV Reuters Print The DBX accounted for 55 percent of the vehicles sold to dealers in the first three months. LONDON Aston Martin posted a smaller first-quarter loss of 42.2 million pounds ($59 million) and said it continued to take steps towards profitability, as its vehicle sales to dealers more than doubled. The result compared with the 110 million pound ($153 million) loss posted in the same period last year, when the automaker brought in fresh investment from its new billionaire chairman, Lawrence Stroll, to shore up its finances. ....
May 07 2021, 3:21 AM May 06 2021, 11:44 AM May 07 2021, 3:21 AM (Bloomberg) (Bloomberg) Aston Martin Lagonda Global Holdings Plc reported better-than-expected sales for the first quarter as the British luxury-car maker gets a significant boost from its first-ever SUV. Revenue soared 153% to 244.4 million pounds ($340 million), beating analystsâ average estimate for 196.7 million pounds. The DBX sport utility vehicle accounted for 55% of the vehicles sold to dealers in the first three months of the year. Aston Martin racked up significant losses after going public in 2018 and has spent the last year restructuring itself after a rescue by Canadian billionaire Lawrence Stroll. The 61-year-old fashion mogul has injected much-needed cash and forged closer ties with Daimler AGâs Mercedes-Benz to ensure the company survives tumultuous times for the auto industry. ....