Latest news with #AlexanderJones
Yahoo
07-07-2025
- Automotive
- Yahoo
Stellantis dips as BofA downgrades stock on Europe concerns, fears of weak results
-- Stellantis' U.S. shares dipped nearly 5% in premarket trading Monday after Bank of America (BofA) downgraded the stock to Neutral from Buy, citing concerns about its European business and weak upcoming results. The price objective was also slashed from €16 to €10, as the bank warned it is 'too early for 'bottom-fishing'' despite the sharp decline in the share price this year. BofA expects a difficult first half (H1) for Stellantis (NYSE:STLA), projecting a 15% year-on-year drop in revenues and a group adjusted EBIT margin of just 2.7%. 'We think consensus estimates will continue to come down after H1 results,' the analysts Horst Schneider and Alexander Jones said, adding they fear both H1 and H2 numbers will disappoint. Stellantis (NYSE:STLA) is set to report its H1 results on July 29, 2025. The note flags structural issues in Europe, where Stellantis is seen as poorly positioned in battery electric vehicles (BEV). Analysts estimate the company must lift its BEV share in Europe from under 10% in 2024 to more than 45% by 2030 to meet regulations, but face cost disadvantages from its multi-energy platform strategy. Stellantis' market share in Europe has stabilized, but the product mix remains unfavorable, analysts note, with declining sales of profitable light commercial vehicles (LCVs) and rising BEV volumes. With the company still de-stocking, BofA expects trade payables to be low in Q2 and forecasts an industrial cash burn of about €2.5 billion for the first half of 2025, more than double consensus expectations. Elsewhere, the bank sees potential for earnings recovery in North America, led by new model launches at Jeep and RAM, but it notes the turnaround will take time and remains cautious. BofA sees the full-year 2025 (FY25) as 'a year of transition.' For 2025, its adjusted EBIT estimate is about 35% below consensus, and 10% below for 2026. The Wall Street firm also flagged foreign exchange headwinds from a weaker U.S. dollar and warned that restructuring costs could rise as Stellantis addresses underutilized capacity. On a more positive note, the group expects limited downside for Stellantis shares, expecting a significant earnings recovery in 2026 (FY26), driven by 13% revenue growth in North America. This rebound is tied to new model launches at Jeep and RAM, though tariff impacts remain a key uncertainty. Longer-term, a full model overhaul in 2029 and potential strategic moves—such as brand restructuring or even a group split—could support valuation, with new 2030 targets likely to be presented at a capital markets day in late 2025 or early 2026.
The Irish Sun
04-07-2025
- The Irish Sun
Boy, 4, mauled by dog in street as mum tried to fight off pet in ‘vicious' attack in front of 3-year-old sister
A FOUR-YEAR-OLD boy was savagely mauled by a dog in the street as his mum bravely tried to fight off the pet in front of his little sister. The fearless mum tried to get the 2 Belgian Malinois dogs are highly energetic and often used by police. Stock image Credit: Getty 2 The attack happened near Llandudno town centre in Wales Credit: Getty A passerby and police officers rushed to help her near Llandudno town centre in Wales at 3.15pm on March 5 last year. She hit the dog with a drinks bottle as she struggled with it in front of her daughter, who was three at the time, Both the mother and son were in pain for eight weeks after, a court heard, and they received "significant" wounds. Alexander Jones, 27, was sentenced at Read more He told officers he owned the dog for his own "protection". Jones was asked to sign a document allowing the dog to be put down and agreed. The pet has now been destroyed. The judge branded the attack as "vicious" and handed Jones a 16-month jail sentence suspended for 18 months. Belgian Malinois dogs are highly energetic and often used by police and in the military. Most read in The Sun They are also used in search and rescue, and require an active lifestyle and constant training.
Scottish Sun
04-07-2025
- Scottish Sun
Boy, 4, mauled by dog in street as mum tried to fight off pet in ‘vicious' attack in front of 3-year-old sister
Jones told officers he owned the dog for his own protection DOG HORROR Boy, 4, mauled by dog in street as mum tried to fight off pet in 'vicious' attack in front of 3-year-old sister A FOUR-YEAR-OLD boy was savagely mauled by a dog in the street as his mum bravely tried to fight off the pet in front of his little sister. The fearless mum tried to get the Belgian Malinois away from her son and was bitten herself as she tried to save him. Advertisement 2 Belgian Malinois dogs are highly energetic and often used by police. Stock image Credit: Getty 2 The attack happened near Llandudno town centre in Wales Credit: Getty A passerby and police officers rushed to help her near Llandudno town centre in Wales at 3.15pm on March 5 last year. She hit the dog with a drinks bottle as she struggled with it in front of her daughter, who was three at the time, North Wales Live reported. Both the mother and son were in pain for eight weeks after, a court heard, and they received "significant" wounds. Alexander Jones, 27, was sentenced at Caernarfon Crown Court for being the owner of a dog dangerously out of control which caused injury to two people. Advertisement He told officers he owned the dog for his own "protection". Jones was asked to sign a document allowing the dog to be put down and agreed. The pet has now been destroyed. The judge branded the attack as "vicious" and handed Jones a 16-month jail sentence suspended for 18 months. Belgian Malinois dogs are highly energetic and often used by police and in the military. Advertisement They are also used in search and rescue, and require an active lifestyle and constant training.
The Sun
04-07-2025
- The Sun
Boy, 4, mauled by dog in street as mum tried to fight off pet in ‘vicious' attack in front of 3-year-old sister
A FOUR-YEAR-OLD boy was savagely mauled by a dog in the street as his mum bravely tried to fight off the pet in front of his little sister. The fearless mum tried to get the Belgian Malinois away from her son and was bitten herself as she tried to save him. 2 A passerby and police officers rushed to help her near Llandudno town centre in Wales at 3.15pm on March 5 last year. She hit the dog with a drinks bottle as she struggled with it in front of her daughter, who was three at the time, North Wales Live reported. Both the mother and son were in pain for eight weeks after, a court heard, and they received "significant" wounds. Alexander Jones, 27, was sentenced at Caernarfon Crown Court for being the owner of a dog dangerously out of control which caused injury to two people. He told officers he owned the dog for his own "protection". Jones was asked to sign a document allowing the dog to be put down and agreed. The pet has now been destroyed. The judge branded the attack as "vicious" and handed Jones a 16-month jail sentence suspended for 18 months. Belgian Malinois dogs are highly energetic and often used by police and in the military. They are also used in search and rescue, and require an active lifestyle and constant training.
Daily Mirror
03-07-2025
- Daily Mirror
Four-year-old boy and mum suffer 'significant' injuries in 'vicious' dog attack
Alexander Jones, 27, said that he kept the dog for his own protection with the judge at Caernarfon Crown Court acknowledging his 'vulnerabilities' after falling prey to criminals A dangerous dog was put down after a "vicious" attack on a four-year-old boy and his mum in Llandudno. Alexander Jones, 27, was sentenced today at Caernarfon Crown Court after his Belgian Malinois bit the young child and then the woman as she tried to protect her son. Judge Nicola Jones condemned the attack as "vicious" but took into account Jones' own "vulnerabilities". The incident occurred near Llandudno town centre at 3.15pm on March 5 last year, where the two victims were confronted by the aggressive dog. In a desperate attempt to save her son, the mother was bitten while fending off the animal with a drinks bottle until help arrived, reports North Wales Live. Jones claimed he kept the dog "for his own protection" but consented to its destruction following the incident. The judge highlighted the "significant" injuries suffered by the victims, noting that the pain endured by both lasted up to eight weeks. Referencing previous run-ins with the dog in August and November 2023, she acknowledged Jones's vulnerability. He had fallen prey to a criminal gang and was "cuckooed" at his former residence. A court order prevents the reporting of his current address. Suffering from notable mental health issues, he requires support for daily life and routine tasks, as pointed out by the judge. Addressing the defendant, Judge Jones remarked: "If you did not have several vulnerabilities which led you to get the dog in the first place I would have sent you straight to prison." Emphasising the severity of his mental health challenges, she added: "But your mental health difficulties are so considerable that I believe you had grave difficulties - given the fact you need assistance with your daily living issues - that you were not capable from the outset of controlling this animal." She recalled that when asked whether the dog should be euthanised following the attack, he immediately agreed, signing the document to permit the destruction of the pet. In lieu of custody, she imposed a 16-month jail term suspended for 18 months. Jones was also ordered to participate in 10 days of rehabilitative activities, sign up for a six-month drug rehabilitation scheme due to cannabis use and engage in a year-long mental health treatment programme. Furthermore, Jones is now prohibited from supervising any dog for the remainder of his life. In her statement, Judge Jones lauded the "superb and brave" efforts of the police officers involved. One officer was also assaulted during the episode but they escaped uninjured.
