Stellantis CEO Carlos Tavares lost control of the automaker, sources say

Stellantis CEO Carlos Tavares lost control of the automaker, sources say

Carlos Tavares, Chief Executive Officer of Stellantis, attends the Paris Automotive Summit during the 2024 Paris Auto Show in Paris, France, October 15, 2024.  Benoit Tessier | Reuters DETROIT — “Arrogant.” It’s the word former Stellantis CEO Carlos Tavares used in June to describe mistakes that led to the automaker’s troubles in the U.S. It’s … Read more

Citi updated its ‘highest conviction’ stock list for Europe

Citi updated its ‘highest conviction’ stock list for Europe

Citi just refreshed its highest conviction stock ideas for Europe. The list comprises its analysts’ strongest buy and sell ideas for the next 12 months, according to Citi. It says its list of such ideas has delivered an absolute return of 10% over the last 12 months. Since January 2021, this list — which evolves … Read more