onsemi and BorgWarner Expand Strategic Collaboration for Silicon Carbide Worth Over $1 Billion in Lifetime Value

BorgWarner will integrate onsemi EliteSiC 1200 V and 750 V power devices into its VIPER power modules for traction inverter solutions to increase performance of electric vehicles SCOTTSDALE, Ariz. & AUBURN HILLS, Mich., July 18, 2023–(BUSINESS WIRE)–onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, and BorgWarner Inc. (NYSE: BWA), a global product… Continue reading onsemi and BorgWarner Expand Strategic Collaboration for Silicon Carbide Worth Over $1 Billion in Lifetime Value

BorgWarner (BWA) Outpaces Stock Market Gains: What You Should Know

BorgWarner (BWA) closed at $46.40 in the latest trading session, marking a +1.82% move from the prior day. The stock outpaced the S&P 500’s daily gain of 0.74%. Elsewhere, the Dow gained 0.25%, while the tech-heavy Nasdaq added 11.47%. Heading into today, shares of the auto parts supplier had lost 2.38% over the past month,… Continue reading BorgWarner (BWA) Outpaces Stock Market Gains: What You Should Know

S&P Global (SPGI) to Report Q2 Earnings: Here’s What to Expect

S&P Global Inc. SPGI is scheduled to release its second-quarter 2023 results on Jul 27, before the market open. SPGI has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the four trailing quarters and missing on one instance. The average surprise is 3.1%. Q2 Expectations The Zacks Consensus Estimate… Continue reading S&P Global (SPGI) to Report Q2 Earnings: Here’s What to Expect

Rollins (ROL) to Report Q2 Earnings: What’s in the Cards?

Rollins, Inc. ROL is scheduled to report its second-quarter 2023 results on Jul 26, after the bell. The company has an impressive earnings surprise history. It outperformed the Zacks Consensus Estimate in three of the trailing four quarters and matched once, with an average surprise of 5.5%. Rollins, Inc. Price and EPS Surprise Rollins, Inc. price-eps-surprise | Rollins,… Continue reading Rollins (ROL) to Report Q2 Earnings: What’s in the Cards?

Robert Half (RHI) to Post Q2 Earnings: What’s in the Cards?

Robert Half International Inc. RHI is scheduled to report its second-quarter 2023 results on Jul 25, after the bell. The company posted an earnings surprise of 1.8% in the last reported quarter. Expectations This Time Around The Zacks Consensus Estimate for Robert Half’s revenues in the to-be-reported quarter is pegged at $1.69 billion, indicating a sequential… Continue reading Robert Half (RHI) to Post Q2 Earnings: What’s in the Cards?

Goodyear Tire to expand board in settlement with Elliott

(Reuters) -Goodyear Tire & Rubber Co said it would add three directors in agreement with Elliott Investment Management, months after the activist investor disclosed a stake and called for changes to strengthen the company’s financial position. Elliott’s investment announced in May made it one of Goodyear’s biggest investors. The firm urged the company to refresh… Continue reading Goodyear Tire to expand board in settlement with Elliott

UPDATE 2-Goodyear Tire to expand board in settlement with Elliott

(Adds background in paragraphs 2, 4, 6, and 7, details from release in paragraphs 5 and 8) July 25 (Reuters) – Goodyear Tire & Rubber Co said it would add three directors in agreement with Elliott Investment Management, months after the activist investor disclosed a stake and called for changes to strengthen the company’s financial… Continue reading UPDATE 2-Goodyear Tire to expand board in settlement with Elliott

GOODYEAR ANNOUNCES NEW DIRECTORS AND STRATEGIC AND OPERATIONAL REVIEW

Adds Three Mutually Agreed-Upon Independent Directors Supported by Elliott Establishes New Board Committee to Oversee Strategic and Operational Review AKRON, Ohio, July 25, 2023 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) (“Goodyear”) today announced enhancements to its Board of Directors in connection with a cooperation agreement with Elliott Investment Management L.P. (together… Continue reading GOODYEAR ANNOUNCES NEW DIRECTORS AND STRATEGIC AND OPERATIONAL REVIEW

Iridium Launches Iridium Certus for Aviation Service, Revolutionizing Aircraft Connectivity

MCLEAN, Va., July 24, 2023 /PRNewswire/ — Iridium Communications Inc. (NASDAQ: IRDM) a leading provider of global voice and data satellite communications, today announced the introduction of its Iridium Certus® aviation commercial service, providing a secure cockpit domain with reliable voice and data capabilities. This milestone achievement marks the availability and certification of Iridium Connected®… Continue reading Iridium Launches Iridium Certus for Aviation Service, Revolutionizing Aircraft Connectivity

Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion

Group14 accelerates its strategy to build silicon battery technology infrastructure in Europe to support its automotive customers and partners Acquisition of Schmid Silicon, Europe’s most technologically advanced silane manufacturer, sets up Group14 to provide for a more secure silicon battery supply chain As Group14 establishes operations in Europe, the company plans to open its first… Continue reading Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion