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Asia Pacific Wire & Cable Corporation Limited to Host 2025 Annual Shareholders Meeting on September 09, 2025
Globenewswire· 2025-07-24 12:00
TAIPEI, Taiwan, July 24, 2025 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) (the "Company"), a leading manufacturer of wire and cable products for the telecommunications and electric-power industries in the Asia-Pacific region, today announced that the Company will host its 2025 Annual General Meeting for shareholders (the "Meeting") at the office of Pacific Holdings Group located at 2901 Dallas Parkway, Suite 360, Plano, Texas 75093 on Tuesday, September 09, 2025 at 9:00 ...
LYB, Premix and Maillefer Join Forces to Launch Power Cable Solution
ZACKS· 2025-06-17 15:11
Core Insights - LyondellBasell Industries N.V. (LYB) has partnered with Premix and Maillefer to introduce a new power cable solution utilizing advanced polypropylene materials for MV and HV cable insulation, presenting an alternative to traditional XLPE systems [1][3][7] Group 1: Collaboration Details - Premix contributes its PRE-ELEC PP18220 compound, which enhances conductivity and material compatibility for MV and HV cable screens [2][7] - Maillefer provides advanced extrusion lines that ensure uniform insulation and high-quality cable cores through precise temperature control and optimized cooling [2][7] Group 2: Product Features - LYB's polypropylene insulation material, Catalloy Hifax CA 7910A, offers excellent mechanical and thermal properties, emphasizing recyclability alongside performance [3] Group 3: Market Outlook - The company expects stronger seasonal demand in the second quarter, supported by lower U.S. feedstock and crude oil costs, with improved margins projected for Oxyfuels [4] - Despite economic uncertainties, demand in the packaging sector remains resilient [4] Group 4: Stock Performance - LYB's stock has declined by 31% over the past year, while the industry average decline is 22.4% [3]
3M vs. Griffon: Which Industrial Conglomerate Stock is a Stronger Pick?
ZACKS· 2025-04-07 17:00
Core Viewpoint - 3M Company (MMM) faces challenges in its consumer retail segment, while Griffon Corporation (GFF) shows strong growth potential in its Home and Building Products segment, making GFF a more attractive investment option currently [20][21]. 3M Company (MMM) - 3M is experiencing solid momentum in its Safety and Industrial segment, with organic sales improving approximately 2.4% year over year in Q4 2024, driven by demand in roofing granules and electrical markets [3]. - The Transportation and Electronics segment benefits from strong aerospace and electronics markets, with adjusted organic revenues growing 2% in Q4 2024 [4]. - In 2024, 3M paid $2 billion in dividends and repurchased shares worth $1.8 billion, with $2.4 billion remaining under the share repurchase program [5]. - The Consumer segment saw a decline of 1.9% in 2024 due to decreased consumer discretionary spending, particularly in packaging, home care, and consumer safety [6]. - 3M's long-term debt was $11.1 billion at the end of 2024, with interest expenses increasing 26.5% year over year to $1.2 billion [7]. - Ongoing litigations, including a $6 billion settlement related to earplug lawsuits, may lead to additional expenses [8]. - The Zacks Consensus Estimate for 3M's 2025 sales implies a year-over-year decline of 10%, while EPS indicates growth of 6.7% [14]. - 3M shares have lost 5.7% in the past six months, trading at a forward P/E ratio of 15.97X, above its three-year median of 12.03X [16][17]. Griffon Corporation (GFF) - Griffon is witnessing strong momentum in its Home and Building Products segment, with flat revenues year-over-year in Q1 fiscal 2025, supported by resilient residential construction activity [9]. - The recovery in the U.S. residential construction market, aided by lower interest rates, is expected to benefit Griffon's segment in the coming quarters [10]. - The Consumer and Professional Products segment faced a revenue decline of 4.2% year-over-year in Q1 fiscal 2025 due to weak consumer demand [11]. - Griffon is investing in the expansion and modernization of its manufacturing facilities, including the expansion of Clopay's Troy facility and sectional door manufacturing capacity in Ohio [12]. - The acquisition of Australia-based Pope is expected to generate annual revenues of around $25 million and positively impact earnings in the first full year [13]. - The Zacks Consensus Estimate for Griffon's fiscal 2025 sales implies a year-over-year decline of 1.2%, while EPS indicates growth of 11.5% [14]. - Griffon stock has increased by 0.4% in the past six months, trading at a forward P/E ratio of 10.80X, close to its three-year median of 10.58X [16][17].