Industrials
Showing 25–36 of 50 results
- February 9, 2024
United States Steel NSC’s acquisition of U. S. Steel will enhance its world- leading manufacturing and technology capabilities and enable it to expand the geographic areas in which NSC can better serve all of its stakeholders, including customers and society at large.
- February 9, 2024
Oshkosh – The Access segment backlog rose 2.3% to $4bn, attributed to higher pricing. The Defense segment backlog increased by 12.5% to $6.7bn, driven by a shift to a higher percentage of battery electric vehicles in the initial USPS order. The Vocational segment backlog surged by 61.1% to $5bn due to strong post-COVID-19 demand for fire apparatus, rising prices, and the inclusion of AeroTech backlog totalling $762.3 million.
- February 8, 2024
Caterpillar Order rates have moderated as anticipated, with both dealers and customers exhibiting a willingness to wait longer before placing orders. This was expected, and alongside the previously discussed transition to CAT engines, there has been a reduction in dealer orders for Building Construction Products.
- February 8, 2024
Huntington Ingalls In Q3FY23, free cash flows totalled $244mn, contrasting with the $482mn reported in the corresponding period of the previous year. This decline was predominantly attributed to an enhancement in cash from operating activities.
- February 8, 2024
SunPower Corporation faced persistent challenges in Q3FY23, experiencing a deeper-than-anticipated contraction in customer bookings and installations. This downturn was attributed to the heightened impact of increased interest rates on consumer behaviour, exceeding earlier forecasts. Despite initial expectations for a temporary dip, these trends persisted throughout the year, exceeding anticipated duration and severity.
- February 7, 2024
The Toyota Motor Corporation achieved impressive sales results for the period, with consolidated vehicle sales reaching 4.74mn units. This represented a substantial 114.1% increase compared to the same period in the previous fiscal year.
- February 7, 2024
The company remains committed to its capital deployment strategy and leveraged its strong balance sheet in the third quarter by allocating $2bn to dividends, mergers and acquisitions, growth capital expenditures, and share repurchases.
- December 27, 2023
The company’s steel mills and steel products segments face the greatest market risk exposure. The largest single customer in Q3 2023 accounted for roughly 5% of sales and has a consistent on-time payment record.
- December 19, 2023
NextEra Energy- Grid integration and storage solutions will be crucial battlegrounds, with companies like Tesla and ABB likely to play key roles. Mergers and acquisitions are also expected to reshape the landscape, as established players seek to diversify and newcomers aim for critical mass.
- December 14, 2023
Tilray Brands EU GMP-certified cultivation and manufacturing facility in Portugal and Germany offers a strategic advantage in these medical cannabis markets compared to peers.
- December 8, 2023
Traton continues to be challenged by the geopolitical environment and the macroeconomics are not favorable for the company anymore. The company is witnessing lower transport activities in certain regions as the trends are weakening in the global economy.