Tag: manufacturing

Earnings call: Simpson Manufacturing sees mixed Q1 2024 results

 stock analyst  04/23/2024  0 Comments on Earnings call: Simpson Manufacturing sees mixed Q1 2024 results

Simpson Manufacturing Company (SSD) has reported a mixed set of results for the first quarter of 2024. The company saw a slight decline in net sales, which totaled $530.6 million. Despite a relatively stable U.S. housing market, North American volumes grew by 8%, contrasting with a 3.4% decrease in European net sales.

Apple CEO says looking into possibility of building manufacturing facility in Indonesia

 stock analyst  04/17/2024  0 Comments on Apple CEO says looking into possibility of building manufacturing facility in Indonesia

JAKARTA (Reuters) – Apple Inc (NASDAQ:AAPL) will look into the possibility of building a manufacturing facility in Indonesia, its CEO said on Wednesday after meeting President Joko Widodo.

Auto battery makers shine on EV prospects

 stock analyst  04/17/2024  0 Comments on Auto battery makers shine on EV prospects

Exide and Amara Raja stocks soared due to increasing EV demand. Analysts foresee bright prospects for Exide with Hyundai and KIA partnership, government aid, and EV market growth. The companies are set to capitalize on the rising trend.