What’s in the Offing for Automatic Data’s (ADP) Q4 Earnings?

The Automatic Data Group of Companies, Inc. ADP is scheduled to release its fourth-quarter 2023 results on Jul 26, before the market open. ADP has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in all the trailing four quarters. The average surprise is 2.6%. Q4 Expectations The Zacks Consensus Estimate for the… Continue reading What’s in the Offing for Automatic Data’s (ADP) Q4 Earnings?

Auto supplier Magna to invest $790 million to build three new facilities

(Reuters) – Canadian auto parts maker Magna International Inc said on Thursday it will invest $790 million to build three new supplier facilities, two of which will be housed at Ford Motor Co’s BlueOval City campus in Tennessee. The development comes as suppliers race to meet requirements from automakers, who have been hustling to boost… Continue reading Auto supplier Magna to invest $790 million to build three new facilities

Auto supplier Magna to invest $790 mln to build three new facilities

July 20 (Reuters) – Canadian auto parts maker Magna International Inc said on Thursday it will invest $790 million to build three new supplier facilities, two of which will be housed at Ford Motor Co’s BlueOval City campus in Tennessee. The development comes as suppliers race to meet requirements from automakers, who have been hustling… Continue reading Auto supplier Magna to invest $790 mln to build three new facilities

QuantumScape (QS) to Report Q2 Earnings: Here’s What to Expect

QuantumScape Corporation QS is slated to release second-quarter 2023 results on Jul 26, after the closing bell. The Zacks Consensus Estimate is pegged at a loss of 22 cents per share for the quarter, flat with the year-ago period’s reported bottom line. The estimate for second-quarter 2023 loss per share has remained unchanged over the… Continue reading QuantumScape (QS) to Report Q2 Earnings: Here’s What to Expect

Eaton Launches Smart Ambient Monitoring API; New Application of Smart Breaker Data to Inform Caregiving in Congregate and Remote Healthcare Environments

CLEVELAND, July 19, 2023–(BUSINESS WIRE)–Intelligent power management company Eaton announced the release of a new digital product targeting the healthcare sector. Leveraging Eaton’s smart breaker technology, the smart ambient monitoring Application Programming Interface (API) enhances energy usage data using proprietary machine learning and artificial intelligence (AI) algorithms. API access can be granted on a subscription… Continue reading Eaton Launches Smart Ambient Monitoring API; New Application of Smart Breaker Data to Inform Caregiving in Congregate and Remote Healthcare Environments

Worthington Industries Electrical Steel Lamination Business, Tempel Steel, Earns Dana’s Global Supplier Award in “Lead Electric Propulsion” Category

Worthington Industries, Inc. COLUMBUS, Ohio, July 20, 2023 (GLOBE NEWSWIRE) — Worthington Industries, Inc., (NYSE: WOR), a leading industrial manufacturing company, today announced its Tempel Steel business, which manufactures high precision electrical steel laminations for motors and transformer cores used in electric vehicles (EV), charging stations, internal combustion engines, industrial equipment, and energy solutions, has… Continue reading Worthington Industries Electrical Steel Lamination Business, Tempel Steel, Earns Dana’s Global Supplier Award in “Lead Electric Propulsion” Category

3 Stocks to Watch From a Promising Technology Services Industry

The Zacks Technology Services industry stands to gain from the ongoing digitization, increasing dependency on technology and initiatives to diversify technology services. Growth opportunities from the robust adoption of the multi-cloud model should offset challenges arising from cyber threats and expenditures related to hiring skillful talent and restructuring initiatives. Trane Technologies plc (TT), IQVIA Holdings… Continue reading 3 Stocks to Watch From a Promising Technology Services Industry

Omnicom’s (OMC) Q2 Earnings Beat Estimates, Increase Y/Y

Omnicom Group Inc. OMC reported mixed second-quarter 2023 results, wherein the company’s earnings surpassed the Zacks Consensus Estimate but revenues missed the same. Earnings of $1.81 per share beat the consensus estimate by 0.6% and increased 7.7% year over year. Total revenues of $3.6 billion lagged the consensus estimate by 0.3% but increased 1.2% year over… Continue reading Omnicom’s (OMC) Q2 Earnings Beat Estimates, Increase Y/Y