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Markets
A. O. Smith Declares Quarterly Dividend

MILWAUKEE, Jan. 15, 2021 /PRNewswire/ — Directors of A. O. Smith Corporation (NYSE: AOS) today declared a regular quarterly cash dividend of $.26 per share on the company’s Common Stock and Class A Common Stock. The dividend is payable on February 16 to shareholders of record January 29, 2021. About A. O. Smith A. O. Smith Corporation, with headquarters in Milwaukee, Wis., is a global leader applying innovative technology and energy-efficient solutions to products manufactured and marketed worldwide. Listed on the New York Stock Exchange (NYSE), the company is one of the world’s leading manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment and air purification products. For more information, visit www.aosmith.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/a-o-smith-declares-quarterly-dividend-301209587.html SOURCE A. O. Smith Corporation

Markets
A McDonald's franchisee said he had 'an EPIC time' in Washington, D.C. amid the Capitol riot. Now his posts are shining a light on the political struggle engulfing corporate America.

A McDonald’s franchisee joined other Trump supporters in protesting against a “stolen” election on January 6. OLIVIER DOULIERY/AFP via Getty ImagesMcDonald’s franchisee Jim Wagy said he attended the January 6 “Stop the Steal” protests in Washington, DC, the same week the chain’s CEO condemned Trump and “elected officials who incited this insurrection.” In since-deleted public Facebook posts viewed by Insider, Wagy said he only engaged in peaceful protest and blamed the siege on the Capitol on “Antifa and BLM people” and “aggressive Trump supporters.” McDonald’s Corporation said in a statement to Insider that it “found these social media posts particularly troubling and offensive to so many who wear the McDonald’s uniform.” The Capitol siege has forced companies, including McDonald’s, to reassess how they interact with Washington, D.C. Visit Business Insider’s homepage for more stories. Last week, McDonald’s condemned President Trump and “elected officials who incited this insurrection.” But, one of the fast-food giant’s own franchisees attended the pro-Trump rally in Washington, DC that baselessly pushed the claim that the presidential election was “stolen” by President-elect Biden.  Jim Wagy, a franchisee who owns multiple McDonald’s locations in Missouri and Kansas, posted at length about his trip to Washington, DC to participate

Markets
Republicans in Congress are starting to oppose Biden's $1.9 trillion economic rescue package

Joe Raedle/Getty ImagesRepublicans in Congress started criticizing the Biden rescue plan on Friday. They railed against provisions to send stimulus checks and warned of a rising national debt. “Blasting out another $2 trillion in borrowed or printed money.. would be a colossal waste and economically harmful,” Sen. Pat Toomey said. Many economists favor more relief spending, given the severity of the pandemic and the low cost of borrowing. Visit Business Insider’s homepage for more stories. President-elect Joe Biden’s economic rescue package is starting to run into early opposition from Republicans on Capitol Hill, who are blasting its large price tag as well as a measure to more than double the current federal minimum wage to $15 an hour. Rep. Kevin Brady of Texas called it “another economic blind buffalo that does nothing to save Main Street businesses, get people back to work, or strengthen our economy” in a statement on Thursday evening. Other Republicans echoed those arguments on Friday. Sen. Pat Toomey of Pennsylvania, set to be the ranking Republican on the Senate Banking Committee, railed against the $1,400 boost to stimulus checks along with a $15 minimum wage provision. “Blasting out another $2 trillion in borrowed or printed money..

Markets
U.S. Stocks Regain Ground After Early Sell-Off But Close Firmly Negative

(RTTNews) – After moving sharply lower early in the session, stocks regained some ground over the course of the trading day on Friday but remained firmly in negative territory. With the drop, the Dow and the Nasdaq pulled back further off the record intraday highs set in early trading on Thursday. The Dow ended the day down 117.26 points or 0.6 percent at 30,814.26 after tumbling by nearly 380 points in early trading. The Nasdaq slumped 114.14 points or 0.9 percent to 12,998.50 and the S&P 500 slid 27.29 points or 0.7 percent to 3,768.25. The major averages also moved to the downside for the week, with the Dow falling by 0.9 percent, while the Nasdaq and the S&P 500 both dropped by 1.5 percent. The early sell-off on Wall Street partly reflected a negative reaction to earnings news from financial giants Wells Fargo (WFC), Citigroup (C) and JPMorgan Chase (JPM). Wells Fargo and Citigroup posted steep losses after both reported better than expected fourth quarter earnings but on revenues that missed estimates. Shares of JPMorgan also moved notably lower even though the company reported fourth quarter results that beat expectations on both the top and bottom lines. JPMorgan benefited

Markets
IDC MarketScape Names GE Digital a Leader in Four Worldwide Asset Performance Management Vendor Assessments

GE Digital today announced that it has been recognized by IDC’s new Worldwide Asset Performance Management 2020-2021 MarketScapes: Oil & Gas, Utilities, Mining, and Manufacturing. GE Digital’s Asset Performance Management (APM) is a suite of software and service solutions designed to help optimize the performance of assets for industrial companies. APM connects disparate data sources and uses advanced analytics and Digital Twin technology to turn data into actionable insights while fostering collaboration and knowledge management across an organization. In both the Oil & Gas and Manufacturing industries, the report cites GE Digital’s scale and experience as a leadership strength, saying that this is a key consideration for customers looking for industry expertise in APM solutions that can scale beyond pilots and proofs of concept (POCs). Additionally, IDC pointed to the user interface (UI) of the GE Digital APM solution as an advantage. With increasing focus on digital twin development and delivery, this strength is poised to continue to advance for GE Digital, the report notes. Across all four of the industries studied in this MarketScape cycle, IDC believes that GE Digital’s focus on customer intimacy and willingness to listen to customer suggestions and incorporate them into the product

Markets
Matt VanDyke to Lead FordDirect as CEO

DEARBORN, Mich., Jan. 15, 2021 /PRNewswire/ — FordDirect, a joint venture between Ford Motor Company and its franchise Dealers, announced today that Matt VanDyke has been appointed as Chief Executive Officer, effective

Markets
ROC Title Surpasses Growth Expectations In 2020

LAS VEGAS, Jan. 15, 2021 /PRNewswire/ — ROC Title, a full-service title and escrow company with six locations serving Nevada and Arizona, celebrated its fifth anniversary this year with over 48% growth and was also named one of the fastest growing title companies in America by Inc. 500/5000. “We pushed ahead this year, despite the uncertainty and challenges of 2020, doing a record amount of business with top-tier service,” said Tara Johnson, ROC Title President. “We have a fantastic team ready to build this company in our current offices and in new markets and we won’t slow down in the new year.” In just five short years, ROC Title is now one of the top ten title companies in Las Vegas, NV, and was named a ‘Best of Las Vegas’ winner by the Las Vegas Review-Journal. The company is projecting 40% growth in business in the new year, attracting more top talent while expanding to new locations to support its ‘Ready, Open, Close,’ hassle-free experience. The company is also committed to its communities and is a proud sponsor of the Women’s Council of REALTORS®. The ROC Title team gives back through local volunteerism and fundraisers and is a VAREP (Veterans Association

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