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China Yuchai Establishes New Subsidiary

China Yuchai International Limited (NYSE:CYD) operating subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL), announced a new wholly-owned subsidiary, Guangxi Yuchai…

byAkanksha Bakshi

December 29, 2021

1 minute read

China Yuchai International Limited (NYSE:CYD) operating subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL), announced a new wholly-owned subsidiary, Guangxi Yuchai Deyou Engine Systems Co., Ltd., incorporated on December 22, 2021, with registered capital of RMB 20 million.
The new subsidiary, Guangxi Yuchai Deyou Engine Systems, is the successor company of the trading business previously conducted by GYMCL’s subsidiary, Guangxi Yuchai Deyou Engine Co., Ltd. (YDEC).
YDEC will take over the operations of GYMCL’s marine and power generation unit under the new name Guangxi Yuchai Marine and Genset Power Co., Ltd.
Price Action: CYD shares closed higher by 2.18% at $12.16 on Tuesday.

Barclays Maintains Underweight on Big Lots, Lowers Price Target to $22

By Benzinga Newsdesk

Today, 10:24 PM

Barclays analyst Karen Short maintains Big Lots (NYSE:BIG) with a Underweight and lowers the price target from $27 to $22.

BIG

5 Stocks To Watch For February 9, 2022

By Lisa Levin

Today, 10:24 PM

Some of the stocks that may grab investor focus today are: Wall Street expects CVS Health Corporation (NYSE: CVS) to report quarterly earnings at $1.83 per share on revenue of $75.55 billion before the opening bell. CVS shares rose 1.1% to $112.00 in after-hours trading.

CMG

MFA Financial Q4 EPS $0.08 Misses $0.11 Estimate

By Benzinga Newsdesk

Today, 10:24 PM

MFA Financial (NYSE:MFA) reported quarterly earnings of $0.08 per share which missed the analyst consensus estimate of $0.11 by 27.27 percent. This is unchanged from the same period last year.

MFA