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Jim Cramer Says Tecogen “Could Be Good, But They’re Losing Money”
Yahoo Finance· 2025-10-24 12:12
Tecogen Inc. (NYSE:TGEN) is one of the stocks Jim Cramer recently answered questions about. During the lightning round, a caller inquired about TGEN and mentioned the company signing a letter of intent for a 100 MW+ data center project, with potential expansion of this project to 500 MW. Cramer stated: “It could be good, but they’re losing money. I, you know, it just had a giant move up anticipating exactly that. I’m going to have to say I’m taking a pass.” Stock market reports printed on a sheet of pa ...
Lennox Completes Acquisition of NSI Industries' HVAC Division
Prnewswire· 2025-10-16 10:45
Core Insights - Lennox has completed the acquisition of the HVAC Division of NSI Industries, which includes the Duro Dyne and Supco brands, to enhance its HVAC parts and supplies portfolio [1][3][4] Company Strategy - The acquisition aims to strengthen Lennox's support for both residential and commercial customers by expanding its parts and supplies offerings in response to customer demand for comprehensive solutions [2][3] - The integration of Duro Dyne and Supco is expected to enhance Lennox's distribution capabilities and broaden its product portfolio, positioning the company to deliver greater value throughout the customer journey, from equipment and installation to service and preventative maintenance [4] Market Position - Lennox is recognized as a leader in energy-efficient climate control solutions, committed to sustainability and creating healthier environments for its customers [4] - The company offers a wide range of products, including cooling, heating, indoor air quality, and refrigeration systems, along with HVAC parts and services that support the full lifecycle of customer needs [4]
Lennox Signs Agreement to Acquire HVAC Division of NSI Industries
Prnewswire· 2025-08-18 12:00
Core Insights - The acquisition of Duro Dyne and Supco enhances Lennox's ability to provide comprehensive lifecycle solutions for HVAC customers, reinforcing its position as a one-stop partner in the industry [1] - Duro Dyne is recognized as a leading manufacturer of critical HVAC/R components, while Supco specializes in high-performing, technician-focused HVAC/R parts, thus expanding Lennox's product offerings [1] - The acquisition is anticipated to close in the fourth quarter of 2025, pending regulatory approvals [2] Company Overview - Lennox is a leader in energy-efficient climate-control solutions, focusing on sustainability and creating comfortable environments for both residential and commercial customers [3] - The company emphasizes innovation in cooling, heating, indoor air quality, and refrigeration systems [3]
Lennox Appoints Tracy Embree to Board of Directors
Prnewswire· 2025-05-27 12:30
Core Insights - Lennox has appointed Tracy Embree to its board of directors, effective May 22, 2025, bringing significant experience from her previous role as President of Otis Americas [1][2] - The board believes Ms. Embree's background in industrial strategy, emerging technologies, and sustainable solutions will enhance Lennox's strategic growth initiatives [2] - Ms. Embree has a strong history in complex manufacturing environments and has held various leadership roles, including a 23-year tenure at Cummins Inc. [3] Company Background - Lennox is a leader in energy-efficient climate-control solutions, focusing on sustainability and reducing carbon footprints for residential and commercial customers [5] - The company is recognized for its innovation in cooling, heating, indoor air quality, and refrigeration systems [5] Educational Background - Tracy Embree holds a bachelor's degree in chemical engineering from the Massachusetts Institute of Technology and an MBA from Harvard Business School [4]
Lennox Increases Quarterly Dividend and Stock Repurchase Authorization
Prnewswire· 2025-05-22 16:40
Core Points - Lennox's board of directors approved a 13% increase in the quarterly dividend from $1.15 to $1.30 per share, payable on July 15, 2025, to stockholders of record as of June 30, 2025 [1] - The board also approved a $1 billion increase to its existing stock repurchase authorization, in addition to approximately $290 million remaining under prior authorizations as of May 12, 2025 [2] - The CFO of Lennox stated that the increase in dividend and share repurchase authorization reflects confidence in the company's performance and ability to generate strong cash flow, while maintaining a disciplined leverage profile and flexibility for strategic M&A opportunities [3] Company Overview - Lennox is a leader in energy-efficient climate-control solutions, focusing on sustainability and creating comfortable environments for residential and commercial customers while reducing their carbon footprint [4]