CALGARY, Alberta, June 11, 2025 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. ("DIRTT" or the "Company") (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that it has been approved to trade on the OTCQX® Best Market. It will begin trading today on OTCQX under the symbol "DRTTF." The Company upgraded to OTCQX from the Pink® market. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. "DIRTT's presence ...

Company Overview - One Stop Systems, Inc. (OSS) is a leader in AI-enabled solutions for edge computing, designing and manufacturing enterprise-class compute and storage products for rugged applications [5][7] - OSS's products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software, utilized across various industries such as autonomous trucking, farming, and defense [6][7] Recent Achievement - OSS's subsidiary, BRESSNER Technology GmbH, has been awarded Digi International's 2024 EMEA Growth Partner of the Year, recognizing its leadership and contributions to connected technologies [1][2][3] - The award highlights BRESSNER's commitment to providing advanced hardware solutions for demanding applications [3] Industry Context - Digi International's Global Channel Awards celebrate impactful channel partners that demonstrate innovation and a customer-first mindset, contributing to the expansion of IoT and infrastructure management [2][3] - The recognition of BRESSNER reflects the growing importance of partnerships in driving digital transformation across various industries [3] Product and Service Offerings - BRESSNER offers a wide range of industrial hardware solutions, including tailored solutions for machine automation, logistics, and AI applications [4] - OSS's solutions address the entire AI workflow, from data acquisition to deep learning and large-scale inference, positioning the company in the fast-growing edge computing market [7]

NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced DIRTT Environmental Solutions Ltd (TSX: DRT; OTCQX: DRTTF), a leader in industrialized construction, has qualified to trade on the OTCQX® Best Market. DIRTT Environmental Solutions Ltd upgraded to OTCQX from the Pink® market. DIRTT Environmental Solutions Ltd begins trading today on OTCQX under the symbol “DRTTF.” U.S. investors ...

Specialist Sales APAC Specialist Sales 10 June 2025 J P M O R G A N KR Defense (Stay Bullish), JPM EU Industrial Conf, JP Auto, Mitsubishi Elec, Key inbounds & feedback Joann Kim +852 2800 8016 joann.kim@jpmorgan.com Hitachi is hosting Investor Day today from 2pm HKT. Its IR material out and initial impression from investors was nothing really stands out, the net debt/ebitda leverage of 1-2x should continue to be favored for a Y1trn buyback but limited to Y300bn and ROIC of 12-15% indicated this time is on ...

Core Insights - NVIDIA is establishing the world's first industrial AI cloud in Germany to support European manufacturers, featuring 10,000 GPUs to enhance manufacturing applications [1][3][15] - Major European manufacturers like BMW Group, Maserati, Mercedes-Benz, and Schaeffler are adopting NVIDIA's technologies to transform their product lifecycles through AI-driven operations [2][10][12] Group 1: Industrial AI Cloud Development - The AI factory will utilize NVIDIA DGX B200 systems and NVIDIA RTX PRO Servers, running NVIDIA CUDA-X libraries and Omniverse-accelerated workloads [3][4] - This initiative aims to accelerate AI development and adoption in anticipation of AI gigafactories across Europe [5] Group 2: Partnerships and Software Integration - Siemens and NVIDIA are expanding their partnership to enhance industrial AI and digitalization, optimizing performance and productivity for various sectors [7] - Ansys is integrating Omniverse into its simulation software to improve fluid simulations, achieving a 2.5x acceleration in performance for Volvo Cars [8][9] Group 3: Manufacturer Innovations - Schaeffler is leveraging AI factories and NVIDIA's technology for digital factory planning and automation across its manufacturing plants [10][11] - BMW Group is creating digital twins of its production facilities to optimize manufacturing processes and develop AI applications [12][13]

Core Insights - Siemens and NVIDIA have expanded their partnership to accelerate industrial AI and digitalization, aiming to enable the factory of the future [1][10] - The collaboration focuses on integrating NVIDIA AI and accelerated computing with Siemens' technologies to enhance manufacturing efficiency and quality [2][3] Partnership Expansion - The partnership initially announced in 2022 aims to bring the industrial metaverse to life by connecting Siemens Xcelerator with NVIDIA Omniverse, optimizing performance and productivity [3] - The collaboration now includes generative AI, industrial AI, and robotics, enhancing the capabilities of both companies [3] Technological Integration - Siemens integrates NVIDIA technology into the Siemens Xcelerator platform, enhancing product lifecycle management with real-time ray-tracing capabilities [4] - HD Hyundai utilizes this technology to visualize next-generation vessels, significantly reducing design iteration time from days to hours [5] Performance Enhancements - The combination of NVIDIA Blackwell GPUs with Siemens' Simcenter Star-CCM+ software has achieved a 30x speedup in transient aerodynamics simulations for BMW Group [6] - New Siemens Industrial PCs certified for NVIDIA GPUs enable complex automation tasks, delivering a 25x acceleration in AI execution [7] AI Implementation - Advanced AI agents will operate across the Siemens Industrial Copilot portfolio, executing processes autonomously and optimizing shopfloor operations [8] - A new class of operational technology cybersecurity is being developed through collaboration, integrating NVIDIA BlueField DPUs for enhanced security [9] Future Outlook - The expanded partnership is set to drive innovation in industrial manufacturing, enabling rapid deployment of AI solutions on the shopfloor [10]

Group 1 - The article discusses the recent actions of billionaire fund managers who sold shares of Fastenal, a company that has experienced significant stock price appreciation and has completed multiple stock splits over the years [1][7][15] - Fastenal has delivered a total return exceeding 214,000% since its IPO in 1987, marking its ninth stock split recently [15][19] - The article highlights that while stock splits can attract investor interest, they do not fundamentally change a company's market cap or performance [8][9] Group 2 - Billionaire fund managers Cliff Asness and Israel Englander reduced their stakes in Fastenal, with Asness selling about 519,000 shares and Englander selling roughly 203,000 shares [17][19] - The forward price-to-earnings (P/E) ratio of Fastenal is currently 35, which is a 16% premium compared to its average over the past five years, potentially influencing the decision to sell [19] - Fastenal's business is closely tied to the health of the U.S. and global economy, with its operations expected to grow alongside economic expansion [20][21]

Investment Rating - The report assigns a "Buy" rating to Mitsubishi Electric (MELCO) [2][14][17]. Core Insights - Mitsubishi Electric is undergoing significant management changes aimed at shifting from a Japan-centric approach to a more global and innovative strategy. The management is committed to qualitative changes and enhancing corporate value over the medium to long term [2][14]. - The company has a strong financial position, highlighted by a net cash position and a recent ¥100 billion share buyback to reduce its cost of capital. However, it recognizes the need for a robust growth strategy, including a ¥1 trillion M&A budget to encourage business divisions to leverage their strengths [2][3][14]. - MELCO aims to achieve a market capitalization of ¥10 trillion, which it believes cannot be accomplished with its current approach. The company is focused on becoming more innovative and willing to take risks [8][14]. Summary by Sections M&A Strategy - MELCO has set a ¥1 trillion M&A budget to pursue opportunities in the digital transformation field, acknowledging the high valuations in this sector. The company is also looking to consolidate its software business around ICONICS, which it acquired in 2019 [3][14]. Business Restructuring - The company plans to significantly reduce headcount in its factory automation (FA) business and is reviewing businesses with combined annual sales of ¥1.3 trillion, including exiting low-margin businesses and downsizing overseas production facilities [1][6][14]. - MELCO is considering restructuring its automotive business, which generates around ¥700 billion in annual sales, and is also reviewing its core FA business [9][14]. Digital Strategy - The FA solutions division has developed a cloud-based system for data updates, allowing customers to monitor equipment status via smartphones. Each business division has been tasked with finding ways to leverage the Serendie digital platform [7][14]. Financial Performance - The report projects revenue growth for MELCO, with expected revenues of ¥5,521.7 billion for FY3/25, increasing to ¥6,161.0 billion by FY3/28. Operating profit is also expected to rise from ¥391.9 billion in FY3/25 to ¥590.6 billion in FY3/28 [17].

Thermon Group Holdings (THR) 2025 Conference June 10, 2025 02:30 PM ET Speaker0 Okay. Speaker1 All right. Speaker0 Good afternoon. My name is Trip Caldwell with Wells Fargo on the banking side. Here today with Bruce Thames and Jan Schott, CEO and CFO respectively of Thermon Holdings. Thermon is a $1,000,000,000 market cap company that's focused on custom heating solutions for process industries. But maybe, Bruce, for those that are less familiar with Thermon, you can take us a layer deeper and talk a little ...

Fortive (FTV) 2025 Investor Day Summary Company Overview - Fortive is transitioning into a new chapter with a focus on safety and productivity innovations across its brands, particularly after the spin-off of Rallyant effective June 28, 2025 [3][4] - The company will operate under two segments: Intelligent Operating Solutions (70% of revenue) and Advanced Healthcare Solutions (30% of revenue) [27] Financial Performance - Fortive reported approximately $4 billion in revenues with 50% recurring revenues, 65% adjusted gross margins, and 30% adjusted EBITDA margins [14] - The company has achieved a 4% core revenue compound annual growth rate (CAGR) over the last five years [14][34] - The adjusted net income to free cash flow conversion exceeds 100% [14] Strategic Vision - Fortive aims to accelerate revenue, earnings, and shareholder value creation through a focused strategy leveraging high-quality operating brands aligned with attractive markets [15][36] - The company emphasizes durability by design, focusing on sustainability and recurring revenue models [36][48] - Fortive's business system is seen as the engine of success, enhanced by integrating AI capabilities to drive organic growth [17][57] Market Trends and Opportunities - The company is positioned to benefit from significant market trends, including a 200% increase in U.S. manufacturing construction investment since 2020 and a $1 trillion deferred infrastructure maintenance backlog [44][45] - In healthcare, demographic shifts indicate that 20% of the U.S. population will be over 65 by 2030, increasing the demand for healthcare services [46] - Fortive's Advanced Healthcare Solutions segment has an 80% recurring revenue base, indicating strong customer loyalty and market potential [90] Innovation and Product Development - Fortive is committed to innovation, with a focus on developing new products that enhance customer productivity and safety [59] - The company has seen a 3x increase in its new product funnel over the last three years [59] - The introduction of the Ultra GI cycle, a low-temperature sterilization solution, addresses critical healthcare needs and enhances patient safety [96] Capital Allocation Strategy - Fortive generates approximately $1 billion in free cash flow annually, with a disciplined approach to capital allocation [64] - The company plans to focus on bolt-on acquisitions that enhance its existing brands rather than large transformational deals [66] - Share repurchases and a growing dividend are integral to Fortive's capital allocation strategy [67] Leadership and Team - Fortive has curated a leadership team with a blend of experienced leaders and new talent to execute its strategy effectively [72][78] - The team is committed to fostering a culture of innovation and operational excellence, supported by a refreshed board of directors with relevant expertise [79] Conclusion - Fortive is positioned as a simplified, focused company ready for acceleration, with a strong commitment to innovation, capital discipline, and a purpose-driven team [81]