DULUTH, Minn.--(BUSINESS WIRE)--The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 67.75 cents per share of common stock. On an annual basis, the dividend is equivalent to $2.71 per share, unchanged from the previous qu...
Reported net income attributable to Valero stockholders of $3.1 billion, or $8.29 per share Reported adjusted net income attributable to Valero stockholders of $3.1 billion, or $8.27 per share Reduced debt by $199 million Returned over $1.8 billio...
MANSFIELD, Ohio--(BUSINESS WIRE)--#EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Net sales of $160.5 million increased 57.1%, or $58.3 million, compare...
Reported Q1 2023 earnings of $0.49 per diluted share on a GAAP basis Reported non-GAAP earnings per diluted share (“non-GAAP EPS”) of $0.50 for Q1 2023 Non-GAAP EPS range for 2023 reaffirmed at $1.48-$1.50, which represents an 8% growth over 2022...
MUNICH & PFORZHEIM, Germany--(BUSINESS WIRE)--The world population is growing, as is the demand for food. To tackle the climate crisis, the world needs both agricultural land and surfaces for the deployment of photovoltaics (PV). In line with the zeitg...
First quarter GAAP diluted earnings per share were $0.76 in 2023 compared with $0.70 in 2022. Xcel Energy reaffirms 2023 EPS guidance of $3.30 to $3.40. MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) today reported 2023 first quarter G...
Hyundai Motor Company, its Marketing unit and Hyundai Motor Group won a combined 19 prizes, including a ‘Gold’ honor, at the prestigious International Forum (iF) Design Award 2023 in the Product, Professional Concept, Interior Architecture, Communication, User Experience (UX) and User Interface (UI) categories. Hyundai Motor’s...
Behind the scenes of the birth of the first Lamborghini V12 Hybrid Plug-In with CTO Rouven Mohr and Head of Design Mitja Borkert On 29 March Automobili Lamborghini unveiled Revuelto[1], the first super sports V12 hybrid plug-in HPEV (High Performance Electrified Vehicle). The development process of...
Strategic review commenced on 1 February 2023 Capital returns: the Board commits to return to shareholders all excess cash flow not required for our go forward core operational focus, resulting in a significant return of capital of approximately US$575m via a c.US$450m special dividend proposed to...
Nel ASA (Nel, OSE:NEL) reported revenues of NOK 359 million in the first quarter of 2023, up 68% from NOK 213 million in the same quarter of 2022. Order intake was NOK 580 million, up 105% year-on-year, positively impacted by purchase orders from HH2E (EUR...
Revenue of $1.2 billion increased 4% compared to the prior year period reflecting strong growth of 18% in Subsea and Conventional, partially offset by a decline in Renewables due to the phasing of the Seagreen project. Adjusted EBITDA of $107 million equated to an Adjusted...
Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a General License Agreement (GLA) with Saipem S.p.A., one of major engineering companies in Italy, under which MHI will provide Saipem with its proprietary "KM CDR Process" and "Advanced KM CDR Process" technologies for use in CO2 capture...