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HONEYWELL TO ACQUIRE AIR PRODUCTS' LIQUEFIED NATURAL GAS PROCESS TECHNOLOGY AND EQUIPMENT BUSINESS TO EXPAND ENERGY TRANSITION SOLUTIONS AND SERVICES
Prnewswire· 2024-07-10 19:00
Acquisition will build on Honeywell's energy transition capabilities by creating an end-to-end offering for customers worldwideThe combination will create new opportunities for diversified growth and innovation in aftermarket services and software Transaction is expected to be immediately accretive to Honeywell's sales growth and segment margin while also accretive to adjusted EPS in the first full year of ownershipAir Products to continue its focus on its industrial gas business and related technology and ...
AAR to announce fourth quarter fiscal year 2024 results on July 18, 2024
Prnewswire· 2024-07-03 04:05
WOOD DALE, Ill., July 2, 2024 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its fourth quarter of fiscal year 2024, ended May 31, 2024, after the close of the New York Stock Exchange trading session on Thursday, July 18, 2024.On Thursday, July 18, 2024, at 4:00 p.m. Central time, AAR will hold a conference call to discuss the results. A listen-only webcast and s ...
AAR named among America's Greatest Workplaces 2024 by Newsweek
Prnewswire· 2024-06-28 04:05
This award recognizes AAR's impact and commitment to delivering employee satisfaction through the Company's people-oriented culture, competitive compensation, and career development opportunities.WOOD DALE, Ill., June 27, 2024 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it has been recognized as one of America's Greatest Workplaces for 2024 by Newsweek and Plant-A Insights Group.Newsweek and Plant ...
AAR (AIR), OTTO Extend Partnership in Electronics Distribution
ZACKS· 2024-06-18 23:36
AAR Corp. (AIR) recently enhanced its electronics distribution partnership with OTTO Engineering Inc. (OTTO) through a territorial extension agreement. This expansion will now enable AAR to bolster the availability of its electromechanical product in the Asia-Pacific (“APAC”) region.Per the terms of the contract, AAR will supply the defense and commercial industries with OTTO's full range of electromechanical switches, grips and joysticks. With this arrangement, AAR can provide a wider selection of products ...
JOHNSON CONTROLS TO SELL AIR DISTRIBUTION TECHNOLOGIES BUSINESS TO TRUELINK CAPITAL
Prnewswire· 2024-06-18 20:00
Transaction reinforces Johnson Controls commitment to simplifying and standardizing portfolio as a comprehensive solutions provider for commercial buildingsMILWAUKEE, June 18, 2024 /PRNewswire/ -- Johnson Controls (NYSE: JCI), a global leader for smart, healthy and sustainable buildings, today announced it has reached a definitive agreement to sell its Air Distribution Technologies business to Truelink Capital, a middle-market private equity firm based in Los Angeles."The sale of our Air Distribution Techno ...
AAR expands electronics distribution relationship with OTTO Engineering, Inc.
Prnewswire· 2024-06-13 20:30
WOOD DALE, Ill., June 13, 2024 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a territory expansion agreement that expands its Americas-based electronics distribution relationship with OTTO Engineering, Inc. (OTTO) into the APAC region. Under the agreement, AAR will distribute OTTO's extensive line of electromechanical switches, grips, and joysticks to the commercial and defense markets. The agreement leverage ...
Here's Why AAR (AIR) Could be Great Choice for a Bottom Fisher
ZACKS· 2024-06-12 22:55
The price trend for AAR (AIR) has been bearish lately and the stock has lost 5.7% over the past week. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullis ...
Down -9.42% in 4 Weeks, Here's Why AAR (AIR) Looks Ripe for a Turnaround
ZACKS· 2024-06-12 22:35
AAR (AIR) has been on a downward spiral lately with significant selling pressure. After declining 9.4% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is over ...
Is AAR (AIR) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-06-05 01:45
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style S ...
AAR awarded on the USA TODAY America's Best Climate Leaders 2024 list
Prnewswire· 2024-05-31 04:05
WOOD DALE, Ill., May 30, 2024 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded on USA TODAY's list of America's Best Climate Leaders 2024. This prestigious award is presented by USA TODAY and Statista Inc., the world-leading statistics portal and industry ranking provider. The America's Best Climate Leaders of 2024 award is based on a two-step process. In the first phase, application and research, compani ...