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Ryder Declares Quarterly Cash Dividend
MIAMI--(BUSINESS WIRE)--The Board of Directors of Ryder System, Inc. (NYSE: R) declared a regular quarterly cash dividend of $0.81 per share of common stock to be paid on June 20, 2025, to shareholders of record on May 19, 2025. This is Ryder’s 195th consecutive quarterly cash dividend – marking more than 48 years of uninterrupted dividend payments. About Ryder System, Inc. Ryder System, Inc. (NYSE: R) is a fully integrated port-to-door logistics and transportation company. It provides supply c...
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Miami Jury Returns $31 Million Verdict in ‘Flying Tire’ Death Case
MIAMI--(BUSINESS WIRE)--A Miami-Dade County jury has returned a $31 million verdict in favor of Julianna Charles, the surviving fiancée of 25-year-old Josué Calá, who was tragically killed when a tire and wheel assembly detached from a commercial box truck, bounced over the Interstate 95 median and crashed through the windshield of the SUV he was driving. “This tragedy should raise serious concerns about the lack of proper practices in the trucking industry,” said plaintiffs attorney Wes Ball o...
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OEMs Embrace Global SOA for Next-Gen Vehicle Software Architectures - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Software-Defined Vehicles in 2025: SOA and Middleware Industry Research Report" has been added to ResearchAndMarkets.com's offering. With the implementation of centrally integrated EEAs, OEM software architectures are evolving towards global SOAs In today's automotive industry, vehicle architectures are transitioning to centralized EEAs, with Service-Oriented Architectures (SOAs) emerging as a pivotal choice for automotive software frameworks. OEMs are increasingly...
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VSE Corporation Completes Refinancing of Term Loan and Revolver
MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aviation aftermarket distribution and repair services, today announced the successful refinancing of its Term Loan A and Revolving Credit Facility. The Company entered into a new $300 million Term Loan A and a $400 million revolving credit facility, both maturing on May 2, 2030. These facilities refinance and replace the Company’s previous debt arrangements, which were scheduled to mat...
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ACEL Power and Electrified Marina Announce Strategic Partnership to Accelerate Marine Electrification on the U.S. East Coast
VANCOUVER, British Columbia & NORFOLK, Va.--(BUSINESS WIRE)--ACEL Power partners with Electrified Marina to launch 75HP Intelligent Electric Outboard Motor in tritoons, expanding electric boating across the U.S....
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Atmus Filtration Technologies Reports First Quarter 2025 Results
NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in filtration and media solutions, today reported financial results for its first quarter that ended March 31, 2025. First Quarter Highlights Net sales of $417 million GAAP net income of $45 million Diluted earnings per share of $0.54 Adjusted earnings per share of $0.63 Adjusted EBITDA of $82 million and Adjusted EBITDA margin of 19.6% Cash provided by operating activities was $29 million...
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Eaton Reports Record First Quarter 2025 Results, with Accelerating Organic Growth; Raises Full-Year Organic Growth Guidance
DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton Corporation plc (NYSE:ETN) today announced that first quarter 2025 earnings per share were $2.45, a first quarter record and up 20% over the first quarter of 2024. Excluding charges of $0.21 per share related to intangible amortization, $0.04 per share related to a multi-year restructuring program, and $0.02 per share related to acquisitions and divestitures, adjusted earnings per share of $2.72 were a first quarter record and...
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InTest Reports $26.6 Million in Revenue and 41.5% Gross Margin for First Quarter 2025
MT. LAUREL, N.J.--(BUSINESS WIRE)--INTT Q1 2025 results webcast & call at 8:30am ET....
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Protolabs Reports Financial Results for the First Quarter of 2025
MINNEAPOLIS--(BUSINESS WIRE)--Proto Labs, Inc. ("Protolabs" or the "Company") (NYSE: PRLB), the world’s leading provider of digital manufacturing services, today announced financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights: Revenue was $126.2 million, a 1.3% decrease compared to revenue of $127.9 million in the first quarter of 2024. Revenue fulfilled through the Protolabs Network was $26.3 million, a 10.0% increase compared to the first quarte...
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AEye Appoints Doron Simon to its Board of Directors
PLEASANTON, Calif.--(BUSINESS WIRE)--AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, announced it has appointed Doron Simon to its Board of Directors effective April 29, 2025. Mr. Simon’s appointment is the result of the Company’s commitment to the thoughtful and continuous refreshment of its Board to best meet the evolving needs of AEye. Mr. Simon, age 59, brings deep experience in strategic consulting and M&A advisory services as the Founder of DS...