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The last year was a tough one for auto parts suppliers in general, particularly after midyear and especially for European suppliers, but it was an abysmal year for Valeo ( VLEEY ) [VLOF.PA] as the shares lost about half their value on successive miss-and-lower quarters that eventually saw ma...
Quick Take Shockwave Medical ( SWAV ) intends to raise $75 million from the sale of its common stock, per an amended registration statement . The company sells medical instruments to assist in removing calcified plaque in arteries and peripheral blood vessels. SWAV is growing quickly fr...
Quick Take ICON plc ( ICLR ) has acquired MolecularMD for an undisclosed amount. MolecularMD [MMD] has developed a full service diagnostics service line to accelerate oncology (cancer) drug approval. With the deal for MMD, ICLR gains increased capabilities in the laboratory molecular d...
Developers commissioned slightly more than 45 GW of onshore wind turbines globally in 2018, and Vestas ( OTCPK:VWDRY ) extended its industry lead with 10.1 GW of onshore turbines commissioned in 2018, a global market share of 22% vs. 16% in 2017, Bloomberg reports. More news on: Vestas W...
Siemens CEO Joe Kaeser. Source: Time As the global economy continues to teeter, large industrial names like Siemens ( SIEGY ), ( SMAWF ) will remain in focus. If industrial companies are harbingers of economic strength or weakness then Siemens' financial results should be very predictive. ...
I liked Finland’s Wartsila ( OTCPK:WRTBF ) (WRT1V.HE) back in late 2016 , and for about two years that call worked, as the company benefited from an improved mix in its Marine Solutions business and good order momentum driven by the need for commercial shippers to install scrubbers a...
General Electric (NYSE: GE ) booked the most orders for electricity generating gas turbines in 2018 but fell to second place behind Mitsubishi Hitachi Power Systems for the largest and most advanced machines, Reuters reports, citing data from McCoy Power Reports. More news on: General El...
Emerson Electric ( EMR ) hasn’t been left behind in the recent industrials rally, but it also hasn’t really distinguished itself as an outperformer, as it seems that the Street is concerned about the risks of slowing non-residential spending (particularly in China) and weaker p...
Quick Take Shockwave Medical ( SWAV ) intends to raise gross proceeds of $70 million from a U.S. IPO, according to an S-1 registration statement . The firm has developed a sonic wave catheter system for the treatment of calcified plaque. SWAV seeks public capital to fund commercializati...
Japanese automation leader Fanuc ( FANUY ) (6954.T) has a loyal shareholder base that can lean toward the fanatical, but the last couple of quarters underline that for all of Fanuc’s quality, it’s not immune to macro-driven cyclicality. What’s worse, competition has ramp...
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Siemens simplifies development of AI accelerators for advanced system-on-chip designs with Catapult AI NN PR Newswire Catapult AI NN offers software engineers a comprehensive solution to synthesize AI Neural Nets Enables software development teams to seamlessly trans...