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Bloomberg· 2025-12-12 14:14
New Jersey Governor Phil Murphy declared a state of emergency effective Friday over a potential propane shortage for home and commercial heating after a service disruption at a major plant in Pennsylvania https://t.co/jBysYm2ak7 ...
Carvana, CRH, Comfort Systems to join S&P 500 in rebalancing
Yahoo Finance· 2025-12-05 23:06
(Bloomberg) — CRH Plc (CRH), Carvana Co. (CVNA) and Comfort Systems USA Inc. (FIX) were selected for inclusion to the S&P 500. The companies will join the benchmark in a quarterly rebalance at the end of December, S&P Dow Jones Indices said Friday. The trio will replace LKQ Corp. (LKQ), Solstice Advanced Materials Inc. (SOLS) and Mohawk Industries Inc. (MHK) prior to the start of trading on Dec. 22. Most Read from Bloomberg Shares of used car-retailer Carvana and building-materials company CRH both jump ...
Watts Named a Top Place to Work by The Boston Globe
Businesswire· 2025-12-03 17:07
Core Insights - Watts Water Technologies, Inc. has been recognized as one of the Top Places to Work in Massachusetts for the third consecutive year, as voted by employees [1] - The recognition is based on employee feedback regarding various aspects of the workplace, including company direction, management, and benefits [1] - The survey was conducted by Energage, collecting responses from nearly 120,000 employees across 314 organizations in Massachusetts [1] Company Commitment - The CEO, Robert J. Pagano, Jr., emphasized the importance of employee passion and dedication to the company's success and commitment to providing a meaningful employee experience [1] - The Chief Human Resources Officer, Monica Barry, highlighted the company's focus on fostering a positive workplace culture and a people-first strategy [1] Industry Context - Watts Water Technologies is a global manufacturer headquartered in the USA, offering a wide range of plumbing, heating, and water quality products [1] - The company aims to provide innovative solutions to enhance the efficiency, safety, and quality of water in various applications, including commercial, residential, and industrial [1]
Evans Heating & Cooling Brings Holiday Cheer to Elgin's 50th Annual Catfish Stomp Parade with Winter Wonderland Float
Newsfile· 2025-12-02 22:44
Evans Heating & Cooling Brings Holiday Cheer to Elgin's 50th Annual Catfish Stomp Parade with Winter Wonderland FloatEvans Heating & Cooling has announced its participation in the 2025 Elgin SC Catfish Stomp Christmas Parade, marking its continued support of local holiday events and engagement with the community.December 02, 2025 5:44 PM EST | Source: GetFeatured Elgin, South Carolina--(Newsfile Corp. - December 2, 2025) - Evans Heating & Cooling has announced its participation in the 50th Ann ...
年年喊“冻”年年难动,民生发展后腿拖不得
Xin Hua Wang· 2025-11-18 12:44
Core Insights - The article highlights the recurring issues in heating services across various provinces in China, particularly during cold weather, emphasizing the need for effective solutions to longstanding problems [1][2] - It stresses the importance of innovative management and regulatory measures to improve heating service quality and accountability [1][2] Group 1: Current Issues in Heating Services - Many residential areas are experiencing inadequate heating temperatures, leading to complaints and delayed repairs, which are identified as persistent problems [1] - The article points out that outdated infrastructure, service shortcomings, and operational deficiencies of heating companies contribute to these issues [1] Group 2: Proposed Solutions - To address the heating problems, it is essential to implement innovative management strategies and enhance regulatory oversight of heating companies [1] - The article suggests that local authorities should not solely rely on market mechanisms but should actively supervise and penalize underperforming heating service providers [1] - A mechanism for eliminating consistently underperforming companies should be established to protect consumers from poor service [1] Group 3: Technological Advancements - Recent advancements in digital and intelligent technologies are being adopted in some regions to improve heating services [2] - The establishment of smart detection systems throughout the heating supply chain is recommended to enhance efficiency and preemptively identify issues such as leaks and equipment failures [2] Group 4: Government and Community Involvement - The article emphasizes the need for collaboration among government, enterprises, and communities to ensure that the heating needs of the public are prioritized [2] - It calls for a focus on the quality of service and the implementation of effective technologies to ensure that households remain warm during winter [2]
Hudson Technologies Announces CEO Departure and Succession Plan
Globenewswire· 2025-11-03 21:05
Core Insights - Hudson Technologies, Inc. announced strong preliminary financial results for Q3 2025, with a revenue growth of 20% to $74.0 million compared to $61.9 million in Q3 2024, and a net income growth of 59% to $12.4 million, or $0.27 per diluted share [5] Leadership Changes - Brian Coleman has stepped down as Chairman and CEO effective immediately after leading the company since June 2020 [1][2] - Vincent Abbatecola, Lead Independent Director, expressed gratitude for Coleman's contributions, particularly during challenging times [3] - Brian Bertaux, CFO, will serve as interim CEO while the Board evaluates candidates for a permanent replacement [4] Financial Performance - The company expects to report a gross margin of 32% for Q3 2025 [5] - Full financial results will be announced on November 5, 2025 [5] Company Overview - Hudson Technologies is a leading provider of sustainable refrigerant products and services, focusing on the HVAC and refrigeration industry [6] - The company has invested significantly in advanced separation technology for refrigerant reclamation, positioning itself as one of the largest refrigerant reclaimers in the U.S. [6] - Its services include refrigerant management, system decontamination, and real-time monitoring of refrigeration systems [6]
Watts Water Technologies to Participate in and Present at the 2025 Baird Global Industrial Conference
Businesswire· 2025-11-03 18:46
Core Points - Watts Water Technologies, Inc. will participate in the 2025 Baird Global Industrial Conference on November 12, 2025, at 7:55 AM Central Time in Chicago [1] - Key executives attending include Robert J. Pagano, Jr. (CEO), Ryan S. Lada (CFO), Andre Dhawan (COO), and Diane McClintock (SVP FP&A and Investor Relations) [1] Company Overview - Watts Water Technologies, Inc. is a global manufacturer based in the USA, providing a wide range of plumbing, heating, and water quality products [2] - The company offers innovative solutions for commercial, residential, and industrial applications [2]
Comfort Systems Stock Is Up Nearly 20% Today. Here's Why.
Investopedia· 2025-10-24 19:00
Core Insights - Comfort Systems' stock has surged nearly 18% recently, reaching all-time highs and trading around $971, compared to $422.82 at the end of last year [1][3] - The company is perceived as a beneficiary of AI-related growth, with demand primarily driven by data centers and chip plant projects [2][3] - Comfort Systems has reported significant year-over-year growth in revenue, net income, and free cash flow, alongside an expanding backlog, indicating sustained sales strength [4][5] Financial Performance - The company experienced substantial growth in its third-quarter results, with a backlog expansion exceeding $1 billion for the second consecutive quarter, reflecting strong demand [4][5] - Analysts from UBS have a bullish outlook on the stock, noting that the valuation, while historically rich, is justified by the company's performance [5] Market Position - Despite a market capitalization exceeding $30 billion, Comfort Systems is not widely covered by Wall Street analysts, with the current consensus price target being just under $920 [6] - The stock's recent performance has attracted attention across various industries, highlighting the broader impact of AI spending beyond high-profile chipmakers [3][7]
S&P 500 Gains and Losses Today: Netflix Stock Slides; Intuitive Surgical Pops After Earnings
Investopedia· 2025-10-22 21:20
Core Insights - Netflix's third-quarter earnings fell short of expectations, primarily due to a one-time tax charge exceeding $600 million related to its operations in Brazil, leading to a 10.1% drop in its shares [5][8] - Intuitive Surgical experienced a significant increase in its stock price by 13.9% after reporting better-than-expected quarterly results, driven by a rise in procedures using its robotic surgical systems [7][8] - Major U.S. equity indexes declined, with the S&P 500 down 0.5%, the Dow down 0.7%, and the Nasdaq down 0.9%, influenced by the underperformance of tech stocks and anticipation of Tesla's earnings report [3][7] Company-Specific Summaries - **Netflix (NFLX)**: Reported lower-than-expected net income for Q3, impacted by a substantial tax expense related to Brazil, resulting in a significant share price decline [5][8] - **Intuitive Surgical (ISRG)**: Achieved strong quarterly sales and profit figures, leading to a notable increase in stock price, and raised its full-year growth forecast for procedures [7][8] - **Lennox International (LII)**: Experienced a 10.2% drop in shares due to disappointing quarterly sales, attributed to a challenging macroeconomic environment and regulatory changes [4] - **Coinbase Global (COIN)**: Shares fell 5.4% as major cryptocurrencies declined, with Bitcoin dropping below $110,000 [6] - **Avery Dennison (AVY)**: Reported better-than-expected results, leading to a 9.5% increase in shares, supported by improved pricing and a partnership with Walmart [9] - **Boston Scientific (BSX)**: Shares rose 4% after surpassing sales and profit estimates, benefiting from strong sales of its medical devices [10]
Lennox International's Quarterly Earnings Preview: What You Need to Know
Yahoo Finance· 2025-10-06 16:47
Core Insights - Lennox International Inc. (LII) is a leading player in the HVACR solutions market with a market cap of $19.3 billion, offering a variety of climate control products under well-known brands [1] - The company is set to release its fiscal Q3 2025 earnings on October 22, with analysts expecting an EPS of $7.26, reflecting an 8.7% increase from the previous year [2] - For fiscal 2025, LII is projected to achieve an EPS of $23.92, a 5.9% rise from fiscal 2024, with further growth anticipated in fiscal 2026 [3] Financial Performance - In Q2 2025, LII reported a revenue increase of 3% to $1.5 billion and an operating income rise of 11% to $354 million, resulting in an EPS of $7.82, surpassing analyst expectations [5] - Management has raised the full-year 2025 guidance, forecasting a revenue growth of 3% and an adjusted EPS range of $23.25 to $24.25 [6] Stock Performance and Analyst Ratings - LII stock has seen a decline of 6.6% over the past 52 weeks, underperforming compared to the S&P 500 Index's 17.2% return and the Industrial Select Sector SPDR Fund's 14.5% gain [4] - The consensus rating for LII stock is cautious, with an overall "Hold" rating from analysts; the average price target is $652.27, indicating a potential upside of 17.6% [6]