Allstate Announces Second Quarter 2022 Underwriting Results

Provides Catastrophe Losses, Prior Year Reserve Reestimates, Combined Ratios and Implemented Auto Rates NORTHBROOK, Ill.–(BUSINESS WIRE)–The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of June totaled $356 million or $281 million, after-tax. June catastrophe losses included 10 events, primarily wind and hail in the Midwest, estimated at $315 million, plus […]

VSE Corporation Appoints Two New Members to Board of Directors

ALEXANDRIA, Va.–(BUSINESS WIRE)–VSE Corporation (NASDAQ: VSEC, “VSE”), a leading provider of aftermarket distribution and maintenance, repair and overhaul (MRO) services for land, sea and air transportation assets for government and commercial markets, today announced the appointment of two new members to its Board of Directors. Anita D. Britt and Lloyd E. Johnson were each appointed […]

Hyliion Holdings Schedules Second-Quarter 2022 Financial Results Conference Call and Webcast for August 10, 2022

AUSTIN, Texas–(BUSINESS WIRE)–Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion,”) a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced it will host a conference call and accompanying webcast at 11:00 a.m. ET / 10:00 a.m. CT on Wednesday, August 10, 2022 to discuss its financial results, the Company’s business, and outlook. Hyliion plans to […]

Tesla Releases Second Quarter 2022 Financial Results

AUSTIN, Texas–(BUSINESS WIRE)–Tesla has released its financial results for the second quarter of 2022 by posting an update on its Investor Relations website. Please visit https://ir.tesla.com to view the update. As previously announced, Tesla management will host a live question and answer (Q&A) webcast at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss […]

Ford to Provide Electric Vehicle Plan Update Thursday

DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company on Thursday will share an update on the Ford+ plan to lead the electric vehicle revolution. Ford will host a conference call for members of the media and investment community at 8 a.m. ET. Key Ford executives will provide details on how the company is building out its industrial system […]

Impact Podcast with John Shegerian Features Pradeep Shenoy from Texas Instruments

LOS ANGELES–(BUSINESS WIRE)–#electrification–Pradeep Shenoy, Manager of Power Design Services at Texas Instruments (TI), is a featured guest this week on the Impact Podcast with John Shegerian. The show is hosted by Shegerian, Co-Founder and Executive Chairman of ERI, the nation’s leading fully integrated IT and electronics asset disposition provider and cybersecurity-focused hardware destruction company. In […]

Afton Chemical Continues to Invest in Capabilities to Meet Growing Market Needs in Transmission Fluids and Electric Vehicles

RICHMOND, Va.–(BUSINESS WIRE)–Afton Chemical Corporation, a global leader in petroleum additives, announced the recent completion of a $70 MM USD investment in its Sauget, IL Plant’s Automatic Transmission Fluid (ATF) additive production facility. The investment will help support the growing needs of oil marketers and Original Equipment Manufacturers (OEMs) for next-generation developments in electric vehicle […]

GMS Joins CDK Global Partner Program

BELLEVILLE, Mich.–(BUSINESS WIRE)–#autoglass—GMS, windshield repair and replacement management software (created by Mainstreet ™ Computers) announced today that it has become a participant in the CDK Global Partner Program. As a member of one of the largest third-party partner programs in the industry, GMS Dealerships is now part of a marketplace of applications and integrations that […]

Parker Aerospace and Eviation Team Up on Development of Alice; the First All-electric Commuter Aircraft

Parker to provide multiple system packages as Alice pursues certification FARNBOROUGH, England–(BUSINESS WIRE)–#Aerospace—Parker Aerospace, a business segment of Parker Hannifin Corporation, the global leader in motion and control technologies, today announced a partnership to further the development of electric flight. Eviation Aircraft has engaged Parker Aerospace to develop six technology system packages for Alice, the […]