Robots Descend on Cowboys Stadium to Help Booming Dallas Manufacturing Sector Address Labor Shortages
More than 20 robotics and automation vendors will showcase hands-on demonstrations at large free-to-attend ‘Waves of Innovation’ event at AT&T stadium in Arlington on November 15. DALLAS–(BUSINESS WIRE)–Despite the Dallas metro adding more than 10,000 manufacturing jobs over the past 10 months, the region still has more job vacancies than applicants. “Historically low labor participation […]
Clark Hill & Irwin IP Announce Federal Court Finding on Eleanor Car, Denice Halicki Owns the Copyrights and Trademarks to Gone in 60 Seconds Movie Trilogy and All Merchandising Rights to Eleanor Car as She Appears in the Remake
Just Google… “Eleanor Car”… 55 Million Hits LOS ANGELES–(BUSINESS WIRE)–Jason Keener of Irwin IP LLP and David Brandon of Clark Hill LLP represent Denice Shakarian Halicki, Eleanor Licensing, LLC, and Gone in 60 Seconds Motorsports, LLC in a federal lawsuit (case number 8:20-CV-01344) in the Central District of California. After a bench trial that occurred […]
Flux Power Announces Capital Structure Update Including New Credit Facility with Cleveland Capital
VISTA, Calif.–(BUSINESS WIRE)–Flux Power Holdings, Inc. (NASDAQ: The Company has taken the following recent actions to strengthen its capital structure: Secured a $15 million credit facility with Gibraltar Business Capital (“GBC”) with a term to July 28, 2025, with no warrants, that can be expanded to $20 million. Entered into a new $2 million subordinated […]
Siemens to invest more than US$500 million in U.S. manufacturing for critical infrastructure in 2023
Total U.S. investments to support high-growth markets like data centers, batteries, semiconductors, EV charging and rail transportation New US$150 million investment in Dallas-Fort Worth production of critical electrical infrastructure equipment to help power U.S. data centers and accelerate adoption of artificial intelligence (AI) Already announced: US$220 million rail manufacturing plant to bolster U.S. infrastructure and […]
Autel Energy Launches Driven Snow White MaxiCharger AC Lite With A Festive Christmas Gift Box
NEW YORK–(BUSINESS WIRE)– As a leading brand in the EV charging industry, Autel Energy has consistently delivered cutting-edge EV chargers that combine technology, sustainability, and style. The Driven Snow White MaxiCharger AC Lite is no exception, seamlessly blending high-performance functionality with a touch of festive charm. Drawing inspiration from the enchanting spirit of Christmas, the […]
Del Grande Dealer Group Partners with Hyundai Hope On Wheels® to Present Funds to Lucile Packard Children’s Hospital to Further the Fight Against Pediatric Cancer
Celebrating 25 Years of Funding Pediatric Cancer Research SAN JOSE, Calif.–(BUSINESS WIRE)– Lucile Packard Children’s Hospital received two of the 88 grants presented to institutions across the United States that are focused on improving outcomes and treatments for children diagnosed with cancer. Celebrating its 25th anniversary in 2023, Hyundai Hope On Wheels contributed a total […]
Carvana Announces Record Third Quarter Results for Total Gross Profit per Unit, Net Income, and Adjusted EBITDA
Focus on profitability drives new Q3 bests: Net Income $741 Million; Adjusted EBITDA $148 Million Differentiated unit economics, including Q3 best GPU of $5,952 and Q3 best Non-GAAP GPU of $6,396, validate strength and profitability of Carvana business model Simultaneous 6% sequential retail unit growth and more than $400 per retail unit sequential SG&A expense […]
Allison Transmission Declares Quarterly Dividend
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.23 per share on the Company’s common stock for the fourth quarter of 2023. Payment will be made on November 30, 2023, to stockholders of record at the close of business on November 13, 2023. […]
Stem Announces Third Quarter 2023 Results
Record Third Quarter Bookings of $676 million 10+ GWh Software and Services Agreement with SB Energy Expect Full-Year Adjusted EBITDA Positive in 2024 Outlook The Company expects to achieve adjusted EBITDA positive in 2H 2023, which reflects an adjustment to exclude the impact of a $37.4 million reduction in revenue(1) Expect full year adjusted EBITDA […]
Mister Car Wash Announces Third Quarter 2023 Financial Results
Net revenues increased 7.6% Unlimited Wash Club memberships increased 11.3% Opened eight new greenfield locations and acquired five locations Adjusting capital expenditure range and reiterating outlook for all other financial projections for 2023 TUCSON, Ariz.–(BUSINESS WIRE)–Mister Car Wash, Inc. (the “Company”) (NYSE: MCW), the nation’s largest car wash brand, today announced its financial results for […]
