Copart Reports Third Quarter Fiscal 2022 Financial Results

DALLAS–(BUSINESS WIRE)–Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended April 30, 2022. For the three months ended April 30, 2022, revenue, gross profit, and net income were $939.9 million, $436.3 million, and $278.6 million, respectively. These represent an increase in revenue of $206.0 million, or 28.1%; an increase in gross profit […]

ITT Announces Quarterly Dividend of $0.264 Per Share

WHITE PLAINS, N.Y.–(BUSINESS WIRE)–May 18, 2022– ITT Inc. (NYSE: ITT) today announced that its Board of Directors has declared a regular quarterly dividend payment of $0.264 per share on the Company’s outstanding common stock, par value $1 per share. The dividend is payable on July 5, 2022 to shareholders of record of such common stock […]

Valmont Industries, Inc. Recognized by the U.S. Department of Energy’s Better Plants Program with a 2022 Better Project Award

OMAHA, Neb.–(BUSINESS WIRE)–Valmont Industries, Inc., a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced it received a 2022 Better Project Award from the U.S. Department of Energy’s (DOE) Better Plants Program. As part of the DOE’s Better Buildings Initiative, Better Plants works with leading manufacturers and […]

Volkswagen Chattanooga Announces $3,000 Bonus for Production Employees, New Hires

Additional incentives include relocation stipend, enhanced referral program CHATTANOOGA, Tenn.–(BUSINESS WIRE)–To recognize the efforts of its production team as it prepares for electric vehicle assembly, Volkswagen Chattanooga announced today that all production and maintenance team members and team leaders will receive a $3,000 bonus. Additionally, the company will offer a $3,000 signing bonus to production […]

Faraday Future Announces its First, Flagship Brand Experience Center in Beverly Hills, Selects ASTOUND Group for Experience Design and Execution

Brand experience center brings FF another step closer to realizing the launch of its flagship vehicle, the FF 91. Faraday Future selects world-class creative ASTOUND Group to implement design direction of the brand experience center for a TechLuxury customer experience. FF has received its dealer license from the State of California for its U.S. operations […]

Hyundai Motor Group and SOSLAB to Jointly Develop LiDAR for Mobile Robots

– Will cooperate in the development of 3D LiDAR for optimized autonomous driving performance of mobile robots over the next two years – Hyundai Motor Group to support robot design and algorithm, and SOSLAB to provide 3D high-resolution LiDAR technology – Advancement of autonomous-driving technologies of mobile robots through compact LiDAR sensor development and expansion […]

PowerDI8080-Packaged MOSFET from Diodes Incorporated Increases Power Density in Modern Automotive Applications

PLANO, Texas–(BUSINESS WIRE)–Diodes Incorporated (Diodes) (Nasdaq: DIOD) has announced the PowerDI®8080-5, an innovative high current, thermally efficient power package that meets the needs of electric vehicle (EV) applications. The first product to be released in the PowerDI®8080-5 package is the DIODES™ DMTH4M70SPGWQ, a 40V automotive-compliant MOSFET that features a typical RDS(ON) of just 0.54mΩ at […]

Audi Finance and Volkswagen Finance And Lexop Announce Partnership To Optimize Collections Using Contactless Technology

MONTREAL–(BUSINESS WIRE)–Audi Finance and Volkswagen Finance, the automotive captive finance company of the Audi, Ducati and Volkswagen brands in Canada and Lexop, a self-serve facilitation software that optimizes the repayment journey for Customers, have entered into a partnership to digitize their collections activities. Past-due Customers will receive automated emails that link to an intuitive self-serve […]

Co-founder and Chief Executive Officer of Leading CX Technology Company, Digital Air Strike, Named to the 2022 Titan 100 List of Top CEOs in Phoenix Area

PHOENIX–(BUSINESS WIRE)–Digital Air Strike, the leading consumer engagement (CX) technology company, announced its co-founder and CEO Alexi Venneri has been named to the 2022 Phoenix Titan 100 list. Issued by Titan CEO, a premier group that brings CEOs together through private events and roundtables to foster business valuation, executive-level collaboration and networking, the Titan 100 […]

Epicor and MicroStrategy to Collaborate in Deploying New Epicor Predictive Maintenance Assistant for Automotive Users

Epicor to Leverage MicroStrategy HyperIntelligence Technology to Help Service Providers, Consumers Anticipate Future Maintenance and Repair Events by Vehicle AUSTIN, Texas–(BUSINESS WIRE)–Epicor, a global leader of industry-specific enterprise software to promote business growth, today announced an agreement with global analytics and business intelligence provider MicroStrategy Incorporated to deploy the new Epicor Predictive Maintenance Assistant (PMA) […]