Advance Auto Parts Provides COVID-19 Business Update

RALEIGH, N.C.–(BUSINESS WIRE)–Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America, today provided an update regarding the impact from the novel coronavirus (COVID-19). Tom Greco, president and chief executive officer of Advance Auto Parts, stated, “Nothing is more important than the health and safety of our Team Members and […]

REV Group, Inc. Provides Financial Update and Detailed Cost Actions

MILWAUKEE–(BUSINESS WIRE)–REV Group, Inc. (NYSE: REVG), a manufacturer of industry-leading specialty vehicles, is providing an additional financial update and further actions taken in response to the COVID-19 pandemic. The company is temporarily lowering its Executive team and Vice President base salaries between 10% to 40%. During this time, the Board of Directors is also reducing […]

 Orion Engineered Carbons Announces Annual General Meeting

HOUSTON–(BUSINESS WIRE)–$OEC #chemicals–Orion Engineered Carbons S.A. (NYSE: OEC) (the “Company”), a worldwide supplier of specialty and high-performance Carbon Black, today announced that its board of directors has declared to convene the annual general meeting of the shareholders of the Company (the “Annual General Meeting”) on Tuesday, June 30, 2020, at 2:00 P.M. Central European Time […]

Polaris Announces an Incremental $300 Million Unsecured Term Loan Under Existing Credit Facility

MINNEAPOLIS–(BUSINESS WIRE)–Polaris Inc. (NYSE: PII) today announced that it has entered into an incremental $300 million 364-day unsecured term-loan facility, further increasing the Company’s liquidity position. “During this pandemic related lock down of the global economy, we remain committed to prudently managing the Company’s financial resources for the long-term. Execution of this new term loan […]

Strategy Analytics: COVID-19 Drives Recession Damaging Automotive, Consumer Electronics and Semiconductors Globally

Real GDP Predicted to fall 10% to 15% in 2020 as consumer spending plummets. BOSTON–(BUSINESS WIRE)–New scenario analysis from Strategy Analytics indicates the COVID-19 induced 2020 Recession will disrupt Automotive, Consumer Electronics, Semiconductor, and IT infrastructure businesses worldwide before recovery in 2021. The new scenarios indicate that the damage from the worst economic cycle since […]

Lithia Schedules Release of First Quarter 2020 Results

MEDFORD, Ore.–(BUSINESS WIRE)–Lithia Motors, Inc. (NYSE: LAD) announced its first quarter 2020 earnings will be released before the market opens on Wednesday, April 22, 2020. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. How to Participate The conference call may be accessed by telephone […]

Motus Accelerates Release of Remote Work Reimbursement Solution to Help Businesses Make Critical Workforce Decisions

Offering Leverages Motus Insights and Expertise to Inform Businesses on the Costs of Reimbursement for Mobile Devices, Internet and Home Office Expenses BOSTON–(BUSINESS WIRE)–#Motus—Motus, the definitive leader in reimbursement solutions for businesses with mobile-enabled workforces, today announced the availability of its Remote Work Reimbursement product. The product provides insight into the costs associated with remote […]

ExxonMobil Field Testing New Comprehensive Methane Monitoring Technologies

Industry-leading pilot project evaluates promising next-generation technologies Surveys and tests identify the most efficient methods to further reduce emissions Real-time data from trials used to reduce methane emissions IRVING, Texas–(BUSINESS WIRE)–ExxonMobil is conducting field trials of eight emerging methane detection technologies, including satellite and aerial surveillance monitoring, at nearly 1,000 sites in Texas and New […]

J. B. Hunt Transport Services, Inc. Announces Remote Audio Access to Annual Meeting of Stockholders

LOWELL, Ark.–(BUSINESS WIRE)–J.B. Hunt Transport Services, Inc., (NASDAQ: JBHT) (“JBHT”) announced today that, due to the ongoing public health impact of the COVID-19 pandemic, the Company will provide audio conference call access for stockholders to listen remotely to its Annual Meeting of Stockholders on April 23, 2020. As previously announced, the Company’s Annual Meeting of […]

How Organizations Can Build a Digital Relationship with Frontline Workers: Workforce Institute Radio Podcast

LOWELL, Mass.–(BUSINESS WIRE)– What: Joyce Maroney, executive director of The Workforce Institute at Kronos Incorporated, welcomes Workforce Institute board member Bob Clements, president at Axsium Group, to discuss the chapter he wrote for the most recent Workforce Institute book, “Being Present: A Practical Guide for Transforming the Employee Experience of Your Frontline Workforce,” about the […]