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Companies in the industrials sector operate in areas ranging from aerospace and defence to building products and construction. Most industrial names tend to suffer from relatively high cyclicality. Highway HoldingsRead More...
Many of 2017’s best-paid chief executives aren’t CEOs any more. Of the 20 highest-paid S&P 500 chief executives of 2017, eight are no longer on the job. Each took home at least $30 million in total compensation, including stock grants and cash bonuses that were awarded for the year.
The contracts establish supplier relationships for absorbent glass mat (AGM) automotive batteries with Navistar International Corp., an Illinois-based commercial truck and bus manufacturer, and MAN Truck and Bus, a company in the same field based in Munich, Germany
For many automakers, new-vehicle sales declined in April due to waning consumer demand and intensified competition.
During the company's 2018 second quarter earnings call Tuesday, CEO and chairman George Oliver provided a vague update about the status of the strategic review, confirming that it was still ongoing without offering any sort of direct timeline for when it would be complete.
Earnings of the Industrial Products sector are expected to surge year over year. Read to know how Emerson (EMR), Eaton (ETN), Johnson Controls International (JCI) and Xylem (XYL) are likely to fare.
Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Dana Incorporated (NYSE:DAN), with a market cap of US$3.63B, are often out of the spotlight.Read More...
Sonic Automotive's (SAH) first-quarter 2018 adjusted earnings of 26 cents per share surpass the Zacks Consensus Estimate of 25 cents.
3M’s (MMM) Safety and Graphics segment accounted for 21.5% of overall revenue in 1Q18 compared to 20.2% in 1Q17, an increase of 1.3 percentage points to its overall contribution to 3M’s revenue. In the past year, this segment had seen some divestitures and acquisitions. The growth was primarily driven by 6.9% growth in the form of organic-local currency, and favorable foreign currency translation boosted revenues by 4.9%, while the acquisition revenue of Scott Safety from Johnson Controls (JCI) adjusted to the various divestitures in the segment increased by 3.2%.
Despite witnessing strong acquisition and organic revenue growth in parts and services in the North American segment, LKQ misses Q1 earnings estimates.
JD.com, China's largest retailer by revenue, will help distribute Johnson Controls automotive batteries to consumers and automotive retailers throughout the country.
The new facility is located 15 miles from Johnson Controls' operations in York, Pa.
The executive committee at Johnson Controls Inc. cut the bonus for Chief Executive Alex Molinaroli by 20%, or $1 million, after finding he violated the company’s ethics policy.
3M (MMM), a diversified technology company, is expected to report record first quarter revenues in 1Q18. 3M is projected to report 1Q18 revenues of ~$8.25 billion, which represents 7.3% growth on a year-over-year basis.
In order to generate new opportunities, Group 1 Automotive (GPI) acquires a new Toyota sales territory and expands its existing Honda dealership in Sao Paulo, Brazil.
Zacks Investment Ideas feature highlights: Fiat Chrysler, Volkswagen AG, Dana and Douglas Dynamics
Wednesday marked the 24th time MPS has hosted an iFair and the 12th time it has taken place at Harley-Davidson's campus on Milwaukee's west side.
Johnson Controls has a new top communications officer after a year in which its internal communications team underwent significant turnover.
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on February 14. Over the last one-month, outflows of investor capital in ETFs holding JCI totaled $14.30 billion.