Tag: Financial Results

Fire Truck Market to Reach $9.90 Billion, Globally, by 2032 at 5.0% CAGR: Allied Market Research

The growth of the global fire truck market is driven by factors such as the growth in stringent fire safety regulations, the electrification of fire trucks, and the rise in the replacement of aging fire truck fleets. PORTLAND, Ore., Aug. 10, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Fire Truck Market by Type (Aerial, Pumper, Rescue, Tanker,… Continue reading Fire Truck Market to Reach $9.90 Billion, Globally, by 2032 at 5.0% CAGR: Allied Market Research

AI Is Starting to Look Like the Dot Com Bubble

As the AI industry’s market value continues to balloon, experts are warning that its meteoric rise is eerily similar to that of a different — and significant — moment in economic history: the dot com bubble of the late 1990s. The dot com bubble — and subsequent crash — was an era defined by a… Continue reading AI Is Starting to Look Like the Dot Com Bubble

Man Puzzled When His Totaled Tesla Comes Back Online in Ukraine

Jumpscare! Crash Course While it’s customary to hear about Teslas crashing, burning, or exploding, hearing about one that seems to have come back from the dead is another thing entirely. In a now-viral Twitter post, CNBC executive editor Jay Yarow wrote of his puzzlement after his Model X, which he’d crashed and totaled in the US, blinked… Continue reading Man Puzzled When His Totaled Tesla Comes Back Online in Ukraine

NORDEN reports net profit of USD 108 million in Q2 2023 and continues to return cash to shareholders

COPENHAGEN, Denmark, Aug. 10, 2023 /PRNewswire/ — For Q2 2023, NORDEN reports a profit of USD 108 million (approx. DKK 740 million). For the first half of 2023 net profit amounted to USD 258 million (approx. DKK 1.8 billion). Cash flow from operating activities in Q2 amounted to USD 201 million (approx. DKK 1.4 billion).… Continue reading NORDEN reports net profit of USD 108 million in Q2 2023 and continues to return cash to shareholders

Temperature Controlled Packaging Solutions Market To Grow USD 7437.5 Million by 2029 at a CAGR of 9.4% | Valuates Reports

BANGALORE, India, Aug. 9, 2023 /PRNewswire/ — Temperature Controlled Packaging Solutions Market is Segmented by Type (Insulated Shippers, Insulated Containers), by Application (Temperature-Sensitive Pharmaceuticals, Vaccines): : Global Opportunity Analysis and Industry Forecast, 2023-2029. The global Temperature Controlled Packaging Solutions Market size was valued at USD 4338.3 Million in 2022 and is anticipated to reach USD 7437.5 Million… Continue reading Temperature Controlled Packaging Solutions Market To Grow USD 7437.5 Million by 2029 at a CAGR of 9.4% | Valuates Reports

SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence

PASAY CITY, Philippines, Aug. 9, 2023 /PRNewswire/ — SM Investments Corporation (SM Investments) reported a consolidated net income of PHP36.5 billion in the first six months, up 32% from PHP27.7 billion in the same period last year. Consolidated revenues rose 18% to PHP286.3 billion in the January to June period from PHP242.6 billion in the same… Continue reading SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence

Tata Motors foresees 2 lakh EV car park by 2024 end

Tata Motors hopes to sell about 10,000 electric vehicles every month, as it expands the lineup to over half a dozen vehicles in the next year. The company which achieved a milestone of 1 lakh units in the last 5 years, expects to bring in the next 1 lakh units in the next 12-14 months,… Continue reading Tata Motors foresees 2 lakh EV car park by 2024 end

PENSKE AUTOMOTIVE GROUP ACQUIRES BMW AND PORSCHE DEALERSHIPS IN WILMINGTON, NORTH CAROLINA

Adds $140 Million in Expected Annualized Revenue BLOOMFIELD HILLS, Mich., Aug. 11, 2023 /PRNewswire/ — Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world’s premier automotive and commercial truck retailers, today… Go to Source