Highway (HIHO)
Contract manufacturer of metal, plastic and electronic components for industrial and appliance OEMs.
Verde and Highway International Sign Strategic Memorandum of Understanding to Advance Carbon-Sequestering Roads in Singapore
ST. LOUIS and SINGAPORE, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Verde Resources Inc. (OTCQB: VRDR) (“Verde”) today announced that its wholly owned Singapore subsidiary, Verde Resources Asia Pacific Private Limited, has entered into a strategic Memorandum of Understanding (“MoU”) with Highway International Private Limited (“Highway”), one of the leading asphalt producers and road construction specialists in Singapore. The MoU establishes a framework under which Highway and Verde will collaborate to validate Verde's engineered biochar-based carbon platform (which Verde calls the Verde Net Zero Blueprint) in Singapore.
Allison Transmission: Off-Highway Boosts Revenue, But Outlook Remains Mixed
Allison Transmission Holdings, Inc. delivered 92.4% YoY topline growth in Q2 FY26, driven by its off-highway business acquisition and set to continue driving topline growth further. Despite topline momentum, lower-margin off-highway revenue and elevated material costs are likely to pressure ALSN's near-term profitability. I maintain a Hold rating on ALSN, citing unattractive valuation due to weak earnings conversion and continued uncertainty in the legacy North America on-highway segment.
HIGHWAY HOLDINGS SIGNS MASTER AGREEMENT FOR FORMATION OF MAJORITY-OWNED ENERGY STORAGE JOINT VENTURE WITH WOWTIGER BRAND OWNER HUAHU
Expands Highway Holdings into the Energy Storage Market, Creates a Platform for Shifting Towards a Product Business, while Extending its OEM business and Increasing Factory Utilization HONG KONG, Aug. 10, 2026 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, the "Company" or "Highway Holdings") today announced it has signed the master agreement contemplated by the letter of intent with Guangdong Huahu New Energy Technology Co., Ltd. ("Huahu") that was signed and announced on July 22, 2026.
Vision Marine Technologies Completes Sale of 1440 S. Federal Highway Under Florida Real Estate Optimization Plan
Completed transaction reflects continued execution toward a simplified and more efficient operating footprint. FORT LAUDERDALE, Fla.
HIGHWAY HOLDINGS SIGNS LOI TO LAUNCH MAJORITY-OWNED ENERGY STORAGE VENTURE WITH WOWTIGER BRAND OWNER HUAHU
Proposed Venture Combines Highway Holdings' Global Manufacturing and Commercial Platform with Huahu's Energy Storage Technology HONG KONG, July 22, 2026 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO) today announced that it has signed a letter of intent ("LOI") with Guangdong Huahu New Energy Technology Co., Ltd. ("Huahu"), a China-based manufacturer of battery energy storage systems marketed under the Wowtiger brand.
HIGHWAY HOLDINGS OPENS FISCAL 2027 WITH 29% YOY REVENUE GROWTH, 58% YOY GROSS PROFIT GROWTH AND RETURN TO OPERATING PROFITABILITY
Gross margin expanded approximately 800 basis points year-over-year to 42% Net income attributable to Highway Holdings shareholders increased 79% year-over-year to $109,000; diluted EPS doubled year-over-year to $0.02 Quarter-end liquidity remained solid with $3.9 million in cash, $4.0 million in working capital and a 2.4-to-1 current ratio HONG KONG, July 20, 2026 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO) today reported financial results for the first quarter of fiscal year 2027 ended June 30, 2026. On a year over year basis, first fiscal quarter 2027 revenue rose 29% and gross profit increased 58%, while the Company produced a $197,000 operating-profit improvement despite substantially lower non-operating income.
Lunda Construction is the Apparent Low Bidder on a $28.6 Million Project on Highway 243
BLACK RIVER FALLS, Wis.--(BUSINESS WIRE)-- #newaward--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Lunda Construction (“Lunda”), has been identified by the Minnesota Department of Transportation as the apparent low bidder for Project SP 1311-06. Lunda's bid value is $28,551,380. The project is in Chisago (MN) and Polk (WI) Counties on Highway 243 from 0.25 miles west of the St. Croix River to Cascade.
Lunda Construction Awarded $33.4 Million Project on Highway 77
BLACK RIVER FALLS, Wis.--(BUSINESS WIRE)-- #newaward--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Lunda Construction (“Lunda”), has been awarded a contract valued at $33,446,403 by the Minnesota Department of Transportation for Project SP 2758-75. The project is in Hennepin and Dakota Counties on Highway 77 from Nicols Road to American Boulevard. The scope of work includes grading, concrete and bitum.
A Market Panic Just Discounted the AI Highway's Tollbooth
A systemic margin cascade emanating from the KOSPI index triggered a violent, automated liquidation across the broader semiconductor sector on Tuesday. When highly leveraged positions in Asian markets face abrupt margin calls, global hedge funds are frequently forced to liquidate their most liquid holdings to raise cash quickly.
Allison Transmission: Attractive Valuation Despite Near-Term Headwinds
Allison Holdings (ALSN) offers a compelling buying opportunity, trading at a ~43% P/E discount to peers with strong margin and growth prospects. The Off-Highway business acquisition and robust defence market demand drive revenue growth, offsetting temporary On-Highway headwinds from emission regulations. ALSN targets a long-term adjusted EBITDA margin of 25–27%, supported by pricing power, synergy realization, and operational efficiency.
Waymo Issues Another Recall, This Time Over Highway Construction Zones
The robotaxi company issues a recall on 3,871 vehicles that could make incorrect decisions while driving in highway construction zones.
Granite Awarded Parks Highway MP 315–325 Reconstruction Project in Alaska
WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) announced today that it has been awarded the Parks Highway MP 315–325 Reconstruction (Construction MP 322–325) project by the Alaska Department of Transportation and Public Facilities. Located near Nenana, Alaska, the project is the second of two phases of the Parks Highway MP 319–325 CM/GC program that Granite has been delivering since 2022. The contract value is approximately $32 million. Work includes approximately 1.2 million cubic ya.
BROAD ARROW AUCTIONS SETS NEW BENCHMARK FOR GORDON MURRAY AUTOMOTIVE T.50 WITH $8.035 MILLION RESULT ON THE CALIFORNIA MILLE
Special single-car live auction at the Allegretto Vineyard Resort sees new auction world record price for 2025 GMA T.50, number 009, at $8,035,000 | The auction took place at a stop along the famed California Mille rally in Paso Robles, California, selling to a bidder in the room | A portion of proceeds from the sale of the rare supercar will benefit the California Highway Patrol 11-99 Foundation and McPherson College | View the result and upcoming Broad Arrow auctions at broadarrowauctions.com Special single-car live auction at the Allegretto Vineyard Resort sees new auction world record price for 2025 GMA T.50, number 009, at $8,035,000 | The auction took place at a stop along the famed California Mille rally in Paso Robles, California, selling to a bidder in the room | A portion of proceeds from the sale of the rare supercar will benefit the California Highway Patrol 11-99 Foundation and McPherson College | View the result and upcoming Broad Arrow auctions at broadarrowauctions.com
Parable Hospitality and Turo Partner to Celebrate American Road Trips and the Reopening of California's Iconic Highway 1
Timed with America's 250th, Parable Hospitality and Turo are inviting travelers to rediscover the magic of the open road on California's iconic Highway 1.
Financial Comparison: Highway (NASDAQ:HIHO) vs. NN (NASDAQ:NNBR)
NN (NASDAQ: NNBR - Get Free Report) and Highway (NASDAQ: HIHO - Get Free Report) are both small-cap industrials companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, profitability, valuation, institutional ownership, risk, earnings and analyst recommendations. Profitability This table compares NN and Highway's net margins,
Granite Wins $114M Award for Next Segment of Highway 101 Project
WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) announced today that it has been awarded Segment 4E North of the Highway 101 Carpinteria to Santa Barbara Construction Manager/General Contractor (CM/GC) project by Caltrans. Granite is the construction manager for the entire phase 4 project, and was previously awarded Segment 4E South in 2024. The contract award is approximately $114M. The Carpinteria to Santa Barbara CM/GC is a major, multi-year program to increase safety and reduce con.
Highway Holdings Limited (NASDAQ:HIHO) Short Interest Update
Highway Holdings Limited (NASDAQ: HIHO - Get Free Report) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 85,991 shares, an increase of 281.8% from the February 26th total of 22,521 shares. Based on an average daily trading volume, of 155,382 shares, the days-to-cover
Highway Holdings Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
HONG KONG, March 26, 2026 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, the "Company" or "Highway Holdings") today announced that on March 17, 2026, Highway Holdings Limited (the "Company") received a written notification (the "Notification Letter") from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") notifying the Company that, for the preceding 30 consecutive business days, the closing bid price of the Company's common shares (the "Shares"), has been below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement"). The Notification Letter has no immediate effect on the listing or trading of the Shares, which will continue to trade on The Nasdaq Capital Market under the symbol "HIHO".
Highway 50 Gold Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2026) - Highway 50 Gold Corp. (TSXV: HWY) ("Highway 50" or the "Company") is pleased to announce the appointment of Brian D. Edgar and Peter Schloo to Highway 50's Board of Directors, effective immediately.
Should Tesla Be Worried About the National Highway Traffic Safety Administration? (Yes.)
The U.S. National Highway Traffic Safety Administration stepped up its investigation into Tesla's Full Self-Driving system this past week. At issue: Does the system do enough to detect and warn drivers when low visibility is impairing its ability to operate safely?