LOS ANGELES, July 01, 2025 (GLOBE NEWSWIRE) -- ServiceTitan (Nasdaq: TTAN), the software platform that powers the trades, announced a new partnership with Associated Builders and Contractors (ABC), a national construction industry trade association. ServiceTitan is a member of ABC's Tech Marketplace, which provides innovative digital solutions to contractor members looking to advance and grow their technology strategies, offerings, and abilities. "ServiceTitan has always been committed to equipping specialt ...

Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world's key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydn ...

NBER WORKING PAPER SERIES BANKING ON TECHNOLOGY: BANK TECHNOLOGY ADOPTION AND ITS EFFECTS Sheila Jiang Alessandro Rebucci Gang Zhang Working Paper 33551 http://www.nber.org/papers/w33551 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 March 2025 We are grateful to Manuel Amador, Anmol Bhandari, Xiaoji Lin, Gianni De Nicolo, Guangqian Pan (discussant), Fabrizio Perri, Yuchao Peng, Andrea Presbitero, Nicola Pierri, Robert Marquez, Qi Sun, Shengxing Zhang, and Yu Zhang (discu ...

About this content Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. About Oliver Haill Proactive news team spans the world's key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep o ...

Summary of IPG Photonics Conference Call Company Overview - **Company**: IPG Photonics (IPGP) - **Industry**: Fiber laser technology and industrial applications - **Key Speaker**: Tim Marmon, CFO Core Points and Arguments - **Growth Strategy**: The company aims to return to consistent growth through investments and strategic initiatives under new leadership [3][20] - **Market Position**: IPG is a leader in the fiber laser market, with a total addressable market (TAM) in the tens of billions of dollars, focusing on converting legacy applications to laser-based solutions [6][8] - **Customer Base**: Customers include OEMs and end-users in various sectors such as automotive, heavy equipment, and medical [9][10] Demand Drivers - **Economic Indicators**: Historically, IPG has grown at 2-3 times GDP growth, with demand driven by capital equipment investment cycles and the adoption of new technologies [11][12] - **Market Stability**: Despite a sluggish industrial demand environment, certain markets like medical and micromachining have shown stability and growth [15][16] Financial Performance - **Book-to-Bill Ratio**: The company reported a book-to-bill ratio above one, indicating strong order flow despite mixed economic conditions [13][14] - **Revenue and Margins**: Current revenue is approximately $228 million with gross margins close to 40%, with a target to improve margins as revenue grows [30][31] Leadership Changes - **New CEO**: The new CEO is focused on improving communication and collaboration within the company, enhancing financial discipline, and establishing clear KPIs [18][19][20] Market Opportunities - **Welding Market**: The capital equipment spend on welding is over $5 billion, with lasers currently penetrating only 15% of this market [24][25] - **Medical Market**: The medical market, particularly in urology, represents a $2 billion opportunity, with significant potential for growth [24][25] - **EV Market**: The transition to electric vehicles (EVs) is seen as a net positive for IPG, with increased demand for laser applications in battery manufacturing [49][50] Tariff Impact - **Tariff Navigation**: The company is adapting to tariff changes by optimizing manufacturing locations and shifting production to mitigate costs [32][36] - **Customer Orders**: Some customer orders were delayed due to tariffs, but these were not cancellations, and the company is ramping up production in Europe to fulfill these orders [37][39] Competitive Landscape - **Market Barriers**: Tariffs have created barriers for low-cost suppliers, particularly in the U.S. market, where customers are cautious about purchasing from them [41][42] - **Technological Differentiation**: IPG maintains a technological edge in Europe, where tariffs on certain products are not significant [42][43] Future Outlook - **Capital Allocation**: The company plans to balance capital allocation between opportunistic buybacks and strategic acquisitions, focusing on complementary businesses [61][62] - **Monitoring Indicators**: Key indicators for future performance include GDP growth, PMI data, and utilization rates in the EV battery sector [54][58] Additional Insights - **Industry Benchmarking**: IPG benchmarks against other industrial tech companies and laser manufacturers, focusing on trends relevant to their unique market position [51][52] - **Operational Efficiency**: The company is working on improving operational efficiency and inventory management to enhance profitability as demand increases [30][54]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Waste Management (WM) Q1 2025 Earnings Call April 29, 2025 10:00 AM ET Company Participants Edward Egl - Vice President of Investor RelationsJames Fish - President and Chief Executive OfficerJohn Morris - Executive VP & COODevina Rankin - Executive VP & CFOKevin Chiang - Director - Institutional Equity ResearchRafael Carrasco - Senior VP, Enterprise Strategy & PresidentTyler Brown - Financial AdvisorTara Hemmer - Senior VP & Chief Sustainability OfficerSabahat Khan - Managing DirectorTobey Sommer - Managing ...