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PPG Reports Second Quarter 2020 Financial Results

Net sales of $3.0 billion, 25% lower than the prior year and down about 22% in constant currencies Reported earnings per diluted share from continuing operations (EPS) of $0.42 and adjusted EPS of $0.99 Net sales and EPS were significantly impacted by the effects of the COVID-19 pandemic Strong aggregate segment operating margins supported by […]

RumbleOn Announces a Dealer-Centric Pilot Program With CarGurus

DALLAS–(BUSINESS WIRE)–RumbleOn, Inc (Nasdaq: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade, or finance pre-owned vehicles, today announced it was chosen for a pilot program with CarGurus (Nasdaq: CARG), a leading global online automotive marketplace. CarGurus will leverage RumbleOn’s technology as well as their transportation and distribution […]

KBRA Releases Research – Coronavirus (COVID-19): Modifying Auto and Consumer Loan Delinquency Expectations: Update

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases research highlighting delinquency and loan modification trends in the consumer ABS sectors for which loan level data is available, namely, auto loans and marketplace consumer loans. Despite unemployment levels well north of 10%, delinquency rates in most consumer ABS sectors have held up remarkably well, at least […]

BAE Systems to Integrate Hybrid Electric Drive Onto a Combat Vehicle Under U.S. Army Contract

STERLING HEIGHTS, Mich.–(BUSINESS WIRE)–BAE Systems has been awarded a $32 million prototype agreement by the U.S. Army’s Rapid Capabilities and Critical Technologies Office (RCCTO) to integrate a Hybrid Electric Drive (HED) system onto a Bradley Fighting Vehicle. The development program is part of the Army’s effort to increase vehicle efficiency and boost power generation to […]

PPG Directors Approve 6 Percent Dividend Increase to 54 Cents Per Share

PITTSBURGH–(BUSINESS WIRE)–The Board of Directors of PPG (NYSE:PPG) today approved a 3-cents-per-share increase in the company’s dividend, declaring a regular quarterly dividend of 54 cents per share, payable Sept. 11 to shareholders of record Aug. 10. PPG’s prior quarterly dividend was 51 cents per share. “We are pleased to continue PPG’s legacy of rewarding our […]

Iteris Appoints Luke Schneider to Its Board of Directors

Serial Entrepreneur Brings Deep Smart Mobility Expertise SANTA ANA, Calif.–(BUSINESS WIRE)–$ITI #IoT—Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that Luke Schneider, a serial smart mobility entrepreneur, has been appointed to its board of directors. Mr. Schneider has over 25 years of experience across various aspects of the transportation […]

Helios Technologies Announces Second Quarter 2020 Financial Results Release and Conference Call

SARASOTA, Fla.–(BUSINESS WIRE)–Helios Technologies (Nasdaq: HLIO), a global industrial technology leader that develops and manufactures solutions for both the hydraulics and electronics markets, announced today that it will release its second quarter 2020 financial results after the close of financial markets on Monday, August 3, 2020. Josef Matosevic, President and Chief Executive Officer, and Tricia […]

OCTO Telematics Announces OCTO Smart KeyLess

Wire-free installation Installed in less than 15 minutes Suitable for a wide variety of vehicle brands and models Continuous operation even in the absence of GSM coverage No interference with the manufacturers on-board technology More efficient rental process ROME–(BUSINESS WIRE)–#carsharing–OCTO Telematics has extended its range of services to combine the needs of fleet managers, carsharing […]

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