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Cooper-Standard Holdings Inc - CPS STOCK NEWS

Welcome to our dedicated news page for Cooper-Standard Holdings (Ticker: CPS), a resource for investors and traders seeking the latest updates and insights on Cooper-Standard Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cooper-Standard Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cooper-Standard Holdings's position in the market.

News
Cooper Standard Announces Date for Release of First Quarter 2024 Results, Provides Details for Management Conference Call
Rhea-AI Summary
Cooper Standard Holdings Inc. (NYSE: CPS) is set to release its first-quarter 2024 financial results on May 6, 2024, after the market closes. A management conference call will be held on May 7, 2024, at 9 a.m. ET, where Chairman and CEO Jeffrey Edwards and CFO Jonathan Banas will discuss the results and provide a business update. Investors can access the call via webcast or phone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.07%
Tags
earnings
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News
Cooper Standard Presents EV Thermal Management Trends, Opportunities, Solutions at SPE Conference
Rhea-AI Summary
Cooper Standard (CPS) is addressing the evolving thermal management needs of the automotive industry by presenting innovative solutions at the SPE's Plastics in Electric & Autonomous Vehicles Conference. Dr. Brian J. Cardwell will discuss how Cooper Standard's eCoFlow™ products improve electric vehicle range and reduce battery costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.91%
Tags
none
-
News
Improved Cash Flow Highlights Cooper Standard's Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Cooper-Standard Holdings Inc. (CPS) reported positive financial results for Q4 and FY 2023, with increased sales and gross profit. Despite a net loss, improvements were seen in adjusted EBITDA and operating cash flow. The company aims to continue its success in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-26.25%
Tags
earnings
News
Cooper Standard Promotes Nudd to Vice President, Chief Accounting Officer
Rhea-AI Summary
Cooper Standard (CPS) appoints Alison Nudd as vice president, chief accounting officer, replacing Amy Kulikowski. Nudd brings extensive experience in financial reporting and accounting, having held key roles in various companies. She will lead the accounting function, SEC reporting, and financial systems at Cooper Standard.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.53%
Tags
none
-
News
Cooper Standard Announces Date for Release of Fourth Quarter and Full Year 2023 Results, Provides Details for Management Conference Call
Rhea-AI Summary
Cooper-Standard Holdings Inc. (NYSE: CPS) is set to release its financial results for Q4 and full year 2023 on Feb. 15. The company will host a conference call on Feb. 16 to discuss the results, provide a business update, and address investor questions. The call will be accessible via webcast or phone, with a replay available on the company's website afterward.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.69%
Tags
earnings
-
News
Cooper Standard Announces Partnership and Newly Expanded Technology Licensing Agreement with NIKE, Inc.
Rhea-AI Summary
Cooper Standard (CPS) announces an expanded partnership with NIKE, Inc. to license its Fortrex material platform for footwear applications. The agreement provides NIKE with limited exclusivity to use the material for footwear and develop new applications for additional product lines. The Fortrex material offers high elasticity, improved quality, durability, weight savings, and sustainability, with a significant reduction in product lifecycle carbon footprint. This partnership has the potential to make a significant impact for companies looking for sustainable material solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.2%
Tags
partnership
News
Cooper Standard Named to Newsweek's America's Most Responsible Companies 2024 List
Rhea-AI Summary
Cooper Standard (NYSE: CPS) has been named to Newsweek's list of America's Most Responsible Companies 2024 for the fifth consecutive year. The company's commitment to sustainability and ESG efforts has been recognized through a holistic view of corporate responsibility, focusing on environmental, social, and corporate governance pillars. Cooper Standard's unwavering commitment to core values and sustainable solutions has positioned the company for long-term success in the markets it serves.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.41%
Tags
none
-
News
Cooper Standard's Venkat Receives ORBIE® Award by MichiganCIO
Rhea-AI Summary
Cooper Standard (CPS) Senior Vice President and CIO, Soma Venkat, Ph.D., receives 2023 Michigan ORBIE Award for global leadership in technology. Venkat shapes and executes the Company's IT strategy on a global scale, driving digital transformation and ensuring alignment with business objectives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
none
-
News
Cooper Standard FlushSeal™ System Named SPE® Automotive Innovation Award Finalist
Rhea-AI Summary
Cooper Standard has been recognized as a finalist for the 2023 Society of Plastics Engineers Automotive Innovation Award for its FlushSeal™ System found on several NIO models. The system enables flush glass while maintaining the performance of a traditional door and the aesthetics of a frameless door. It will be in production on six new battery electric vehicles by 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
Tags
none
News
Cooper Standard Reports Strong Third Quarter Results, Raises Full Year 2023 Guidance
Rhea-AI Summary
Cooper-Standard Holdings Inc. reported its Q3 2023 results, with sales increasing by 12.0% to $736.0 million compared to Q3 2022. Gross profit also increased by 176.3% to $106.5 million, and net income improved by $44.0 million to $11.4 million. Adjusted EBITDA increased by $58.6 million to $79.1 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
43.83%
Tags
earnings
Stock CPS logo
Cooper-Standard Holdings Inc

NYSE:CPS

CPS Rankings

#3522 Ranked by Market Cap
#696 Ranked by Stock Gains
N/A Ranked by Dividends

CPS Stock Data

298.60M
15.70M
3.21%
70.69%
5.55%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
Manufacturing
Link
US
Northville

About CPS

at cooper standard, we have an unwavering commitment to our strategic vision for driving value through culture, innovation and results. we know what we do well and we focus intently on doing it better than anyone else. we’ve created a precise blueprint for product development, design and manufacturing. we have standardized practices across the organization to ensure safety, quality, reliability and sustained excellence – year-after-year – in every area of the business. a firm commitment to process and healthy competition means we never veer from advancing our top priorities: a relentless focus on the voice of the customer; superior products and innovation; a highly engaged workforce; and world-class global operations.