Transport Topics
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Fiat Chrysler Automobiles NV shares rallied as investors shrugged off lower-than-expected first-quarter profit and focused on CEO Mike Manley’s confirmation of the carmaker’s 2019 earnings targets.
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Tesla Inc. raised $2.35 billion through debt and stock offerings that expanded from the company’s initial plans, helping to put some near-term liquidity fears to rest.
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TransCanada Corp. posted first-quarter profit that topped analysts’ estimates, giving the pipeline company momentum as it enters a period that’s likely to feature key legal decisions on some of its major projects.
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Wabash National Corp. reported record first-quarter revenue, but net income slipped.
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