Ferrari

Ferrari NV is a holding company, which engages in the design, engineering, production, and sale of luxury sports cars. The firm's models include the F12Berlinetta, 488GTB, 488 Spider, 458 Speciale, California T, the LaFerrari Hybrid, LaFerrari, and the FF four-wheel drive. It participates in car racing such as Formula One. The company was founded by Enzo Anselmo Ferrari in 1939 and is headquartered in Maranello, Italy.

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Ferrari shares traded lower in Milan as Goldman Sachs cut its rating on the sportscar maker to sell from buy, and its price target was lowered to $207 from $227. The company's announcement of a battery electric vehicle by 2025, and the appointment of a new chief executive with a tech background, may drive the need for incremental capital spending.

Ferrari downgraded from buy to sell at Goldman Sachs

Ferrari is racing through the gears to bring its Prancing Horse brand to the catwalk and fine dining in an attempt to woo wealthy customers beyond its faithful fans.

Ferrari flaunts its latest models on the catwalk

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On Wednesday, Ferrari NV ( RACE , Financial) announced it has appointed Benedetto Vigna as its new CEO. Vigna will join Ferrari at the beginning of September upon his departure from STMicroelectronics NV ( STM , Financial).

Ferrari Embraces Electric Future With New CEO

Appointment of a chipmaker executive cements the belief the supercar maker is going all-in on EVs.

Ferrari Appoints STMicroelectronics Exec as New CEO

Ferrari has turned to a top tech executive to be its new CEO and lead the company into the age of electric supercars.

Tech executive tapped as new Ferrari CEO as it plans its first EV

Ferrari named Benedetto Vigna as its next chief executive on Wednesday. The electronics pioneer will take the helm on September 1st and lead the company as the world moves to electric vehicles.

Here's why Ferrari tapped an electronics veteran as its new CEO

Ferrari NV (NYSE: RACE) appointed Benedetto Vigna as Chief Executive Officer, effective 1st September. Vigna is the president of Analog, MEMS (Micro-electromechanical Systems), and Sensors Group at STMicroelectronics NV (NYSE: STM), a French-Italian electronics and semiconductors manufacturer, headquartered in Geneva.

Ferrari Appoints Tech Expert Benedetto Vigna as CEO

Ferrari has appointed electronics pioneer Benedetto Vigna as its new chief executive as the company gears up for the age of electric vehicles.

Ferrari turns to chip firm for its new CEO as the industry looks to reinvent itself

Speculation over the future of Italian fashion group Armani came to the fore on Wednesday after the Milanese brand said it had no interest in a tie-up with luxury sports car maker Ferrari, as proposed in a plan by investment banks.

Armani's future in focus as group denies any interest in Ferrari tie-up

Ferrari NV (BIT:RACE)(NYSE:RACE) has appointed tech specialist Benedetto Vigna as its new chief executive. The 52-year old Italian national will join the sports car maker at the start of September from STMicroelectronics NV (NYSE:STM), the Franco-Italian electronics and semiconductors group where he has worked since 1995.

Ferrari hires new CEO with reputation as electronics innovator

Italian luxury sports car maker Ferrari on Wednesday named as its new chief executive Benedetto Vigna, a physics graduate who has spent the last 26 years at chip maker STMicroelectronics (ST).

Factbox-Who is the new Ferrari CEO?

Ferrari has appointed Benedetto Vigna as its new chief executive, it said on Wednesday, as the Italian luxury carmaker fills a six-month vacancy at its top job.

Ferrari appoints STM exec Benedetto Vigna as new CEO

Maranello (Italy), 9 June 2021 - Ferrari N.V. (“Ferrari” or the “Company”) announces the appointment of Benedetto Vigna as its Chief Executive Officer.

FERRARI APPOINTS BENEDETTO VIGNA AS CHIEF EXECUTIVE OFFICER

The issue of sustainable mobility has become central for Ferrari as the luxury carmaker prepares to unveil its first all-electric model in 2025, Chairman John Elkann said on Thursday.

Sustainable mobility has become central for Ferrari - chairman

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Ferrari launched the 812 Competizione Wednesday in Maranello, Italy a new limited-edition special series car derived from the 812 Superfast.

Ferrari Unveils Limited Edition Versions Of The 812 Superfast

Leaderless legendary luxury sports car maker Ferrari shares stabilized Wednesday after diving 8% the previous day after it delayed its profit target for next year, citing the damage to its markets from the coronavirus pandemic.

Ferrari Shares Steady After Delayed Profit News Inspires Tailspin

Ferrari's (RACE) Management on Q1 2021 Results - Earnings Call Transcript

Good earnings were overshadowed by some disappointing guidance.

Why Ferrari Stock Is Hitting the Brakes Today

Ferrari said that it will need an extra year to hit its profit goals because of pandemic-related spending cuts.

Ferrari Reported a Strong First Quarter, but Postponed Its 2022 Profit Target

Ferrari (RACE) delivered earnings and revenue surprises of 0.75% and -2.92%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Ferrari (RACE) Surpasses Q1 Earnings Estimates

Luxury carmaker Ferrari said on Tuesday it postponed by one year its financial targets initially set for 2022 due to the COVID-19 pandemic, despite a record order book at the end off last quarter.

Ferrari postpones 2022 targets due to COVID-19 despite record orders

STRONG FIRST QUARTER RESULTS AND RECORD ORDER BOOK DECISIVE MANAGEMENT OF COVID-19 PANDEMIC IMPACTS

Strong First Quarter Results and Record Order Book. DECISIVE MANAGEMENT OF COVID-19 PANDEMIC IMPACTS

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