COVID-19 Impact and Recovery Analysis | Heads-up Display (HUD) Market in the Transportation Sector 2020-2024 | Awareness Regarding Vehicle Safety to Boost Growth | Technavio
LONDON–(BUSINESS WIRE)–#HUDMarketintheTransportationSectorMarket–Technavio has been monitoring the heads-up display (HUD) market in the transportation sector and it is poised to grow by USD 1131.37 million during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall […]
Shiloh Industries, Inc. Withdraws FY2020 Outlook Due to COVID-19 Uncertainty
VALLEY CITY, Ohio–(BUSINESS WIRE)–Shiloh Industries, Inc. (NASDAQ: SHLO), an environmentally focused global supplier of lightweighting, noise and vibration solutions, announced today that it is withdrawing its fiscal year 2020 guidance provided on December 19, 2019 due to the economic uncertainty caused by the COVID-19 pandemic. Shiloh will provide a business update and a more detailed […]
Interactive Webinar Highlights Posted for “The Unseen Passenger: How Telematics Data Is Reshaping Private Passenger Automobile Insurance”
OLDWICK, N.J.–(BUSINESS WIRE)–Viewers can access highlights from an AM Best webinar sponsored by LexisNexis® Risk Solutions to learn how the use of telematics in private passenger automobile insurance is impacting underwriting, claims and even driver behavior. Panelists include: Adam D. Hudson, vice president & general manager, U.S. connected car, LexisNexis Risk Solutions; Mitchell Wein, senior […]
Cooper Tire & Rubber Company Declares 193rd Consecutive Quarterly Dividend
FINDLAY, Ohio–(BUSINESS WIRE)–Cooper Tire & Rubber Company (NYSE: CTB) today announced a quarterly dividend of 10.5 cents per share on common stock, payable June 26, 2020 to stockholders of record at the close of business June 1, 2020. This will mark the 193rd consecutive quarterly dividend paid by Cooper Tire & Rubber Company. About Cooper […]
Blue Bird Secures an Additional $42 Million of Capacity on Its Revolving Credit Facility
MACON, Ga.–(BUSINESS WIRE)–Blue Bird Corporation (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, reported that on May 7, 2020, it had secured an additional $41.9 million of capacity on its revolving credit facility. This brings the total revolving commitments to $141.9 million. The additional revolving commitments will be used for working capital […]
REV Group, Inc. Completes Sale of Shuttle Bus Businesses
MILWAUKEE–(BUSINESS WIRE)–REV Group, Inc. (NYSE: REVG), a manufacturer of industry-leading specialty vehicle brands, announced today that it has completed the sale of its two shuttle bus businesses to Forest River effective May 8, 2020. Proceeds from the sale will be used to pay down outstanding borrowings under the company’s ABL debt facility. Financial details have […]
Ford Executive Hau Thai-Tang To Speak At BofA Securities 2020 Global Automotive Summit
DEARBORN, Mich.–(BUSINESS WIRE)–Hau Thai-Tang, Ford Motor Company chief product development and purchasing officer, will speak at the BofA Securities 2020 Global Automotive Summit on May 15. Thai-Tang’s presentation will begin at 8 a.m. EDT and include a question-and-answer session. Conference and webcast information is available at shareholder.ford.com. About Ford Motor Company Ford Motor Company is […]
H&E Equipment Services Reports First Quarter 2020 Results and Announces Non-Cash Goodwill Impairment Charge
BATON ROUGE, La.–(BUSINESS WIRE)–$HEES–H&E Equipment Services, Inc. (NASDAQ: HEES) today announced results for the first quarter ended March 31, 2020, including a $62.0 million non-cash goodwill impairment charge. FIRST QUARTER 2020 SUMMARY Revenues decreased 8.8% to $285.9 million versus $313.6 million a year ago. Included in the first quarter 2020 net loss was a $62.0 […]
Adventure awaits with the Vieo™ RV Infotainment Series from Garmin®
Fully integrated system combines Garmin navigation, Fusion® entertainment and optional EmpirBus™ technology OLATHE, Kan.–(BUSINESS WIRE)–Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the Vieo RV 751, Vieo RV 851 and Vieo RV 1051, a series of fully integrated infotainment systems designed for recreational vehicle (RV) owners. Available with a 7-, 8- […]
Superior Reports First Quarter 2020 Results
Executing in a Challenging Environment First Quarter 2020 Financial Highlights: Unit shipments of 4.3M; net sales of $301M Value-Added Sales(1) of $170M, growth over market of 5%(2), per wheel growth of 5%(2) Net loss of $190M, includes goodwill and intangible asset impairments of $194M(3) Adjusted EBITDA(1) of $40M; margin(4) improvement vs. prior year of +80 […]
