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Premier Financial Corp. Announces Full Year 2023 Results

Retrieved on: 
Tuesday, January 23, 2024

Premier Financial Corp. (Nasdaq: PFC) (“Premier” or the “Company”) announced today 2023 fourth quarter and full year results.

Key Points: 
  • Premier Financial Corp. (Nasdaq: PFC) (“Premier” or the “Company”) announced today 2023 fourth quarter and full year results.
  • Total average interest-bearing deposit costs increased 29 basis points to 2.83% for the fourth quarter of 2023.
  • Insurance commissions were $8.9 million in 2023, down from $16.2 million in 2022 due to the insurance agency sale on June 30, 2023.
  • Brokered deposits were $341.9 million at December 31, 2023, compared to $392.2 million at September 30, 2023 and $143.7 million at December 31, 2022.

TE Connectivity announces first quarter results for fiscal year 2024

Retrieved on: 
Wednesday, January 24, 2024

SCHAFFHAUSEN, Switzerland, Jan. 24, 2024 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal first quarter ended Dec. 29, 2023.

Key Points: 
  • EPS above guidance driven by significant margin expansion; first quarter record cash flow
    SCHAFFHAUSEN, Switzerland, Jan. 24, 2024 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal first quarter ended Dec. 29, 2023.
  • Cash flow from operating activities was $719 million and free cash flow was $570 million, both first quarter records.
  • Deployed approximately $1 billion of capital in the quarter, including approximately $600 million returned to shareholders and approximately $350 million used for the acquisition of Schaffner.
  • For the second quarter of fiscal 2024, the company expects net sales of approximately $3.95 billion.

Industrial Sensors Market worth $42.1 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 19, 2024

Contact type industrial sensors are a traditional technology and are, therefore, a mature market.

Key Points: 
  • Contact type industrial sensors are a traditional technology and are, therefore, a mature market.
  • Hence factors such as these are driving the market for image sensors in the market.
  • Manufacturing segment is expected to hold the largest market share in the industrial sensor market during the forecast period.
  • This, in turn, is expected to fuel the growth of the industrial sensors market in Asia Pacific.

Industrial Sensors Market worth $42.1 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 19, 2024

Contact type industrial sensors are a traditional technology and are, therefore, a mature market.

Key Points: 
  • Contact type industrial sensors are a traditional technology and are, therefore, a mature market.
  • Hence factors such as these are driving the market for image sensors in the market.
  • Manufacturing segment is expected to hold the largest market share in the industrial sensor market during the forecast period.
  • This, in turn, is expected to fuel the growth of the industrial sensors market in Asia Pacific.

HILTI EXPANDS NURON CORDLESS TOOL LINE UP TO ELEVATE JOBSITE EFFICIENCY AND SIMPLIFY TOOL CRIBS WITH TOOL FLEET MANAGEMENT

Retrieved on: 
Thursday, January 18, 2024

PLANO, Texas, Jan. 18, 2024 /PRNewswire/ -- Hilti North America, a global leader providing innovative tools, technology, software, and services to the commercial construction industry, will launch new cordless tools on the 22V Nuron battery platform to fill out the portfolio and offer greater value through its subscription tool service, Fleet Management.

Key Points: 
  • Hilti's latest cordless innovations, available to demo at World of Concrete, will add to its wood-cutting portfolio among others.
  • And because all the batteries and chargers work under a single ecosystem, Nuron ultimately helps reduce complexity for tool cribs.
  • With Hilti's all-inclusive Tool Fleet Management program and expanding line up of cordless tools, optimizing tool cribs while maintaining fixed monthly costs is now even easier.
  • With these launches, Hilti customers will experience greater Nuron portfolio coverage across a wide range of applications and trades.

Industrial Vibration Sensor Market to grow by USD 3.32 billion from 2022 to 2027, The growing need for intelligent and compact vibration sensors to drive growth - Technavio

Retrieved on: 
Thursday, January 18, 2024

In the process sector, vibration sensors are comparatively more widespread because they have a greater number of subprocesses and crucial situations involved.

Key Points: 
  • In the process sector, vibration sensors are comparatively more widespread because they have a greater number of subprocesses and crucial situations involved.
  • Industrial Vibration Sensor Market 2023-2027: Market Dynamics
    The Industrial Vibration Sensor Market, integral to machine health monitoring and predictive maintenance, faces multifaceted challenges.
  • The need for robust vibration analysis software, 4-20mA output sensors, and compatibility with existing industrial automation systems further complicates the landscape.
  • The global pressure sensors market size is estimated to grow by USD 10.12 billion, at a CAGR of 8.8% between 2023 and 2028.

OIF Experts to Provide Technology Updates on Power Consumption in Next Generation Optical AI Networking, Common Electrical I/O (CEI) Trends at DesignCon 2024

Retrieved on: 
Wednesday, January 10, 2024

OIF experts will provide valuable insights into the latest trends and developments in power consumption in optical AI networking and 224 Gbps Common Electrical I/O (CEI) at DesignCon 2024 , taking place from January 30 to February 1, 2024, in Santa Clara, California.

Key Points: 
  • OIF experts will provide valuable insights into the latest trends and developments in power consumption in optical AI networking and 224 Gbps Common Electrical I/O (CEI) at DesignCon 2024 , taking place from January 30 to February 1, 2024, in Santa Clara, California.
  • DesignCon is the premier event for chip, board and systems design engineers in the high-speed communications and semiconductor industries.
  • This year, OIF will lead two panel discussions:
    Reining in Power Consumption Trends for Next Generation Optical Networking - this panel will focus on strategies to address the ever-increasing power consumption challenges in the next generation of optical networking, featuring experts from leading companies in the field.
  • DesignCon provides a platform for connecting with colleagues, sharing insights and collectively shaping the future of optical networking and CEI.

Temperature Sensor Market worth $9.7 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, January 11, 2024

The digital temperature sensor segment is expected to account for the largest share of the temperature sensor market in 2024.

Key Points: 
  • The digital temperature sensor segment is expected to account for the largest share of the temperature sensor market in 2024.
  • The Asia Pacific market is expected to witness the highest CAGR in the temperature sensor market during the forecast period.
  • Fast-track industrialization across the APAC region has created a conducive environment for the growth of the temperature sensor market.
  • Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=522
    IoT Sensors Market by Sensor Type, Network Technology, Vertical, Application, and Geography - Global Forecast – 2026
    Industrial Sensors Market by Sensor Type (Level Sensor, Temperature Sensor, Gas Sensor, Pressure Sensor, Position Sensor, and Humidity & Moisture Sensor), Type (Contact & non-contact sensors), End-User Industry and Region - Global Forecast to 2029
    Distributed Temperature Sensing Market by Operating Principle (OTDR, OFDR), Fiber Type (Single-mode Fibers, Multimode Fibers), Scattering Method (Rayleigh Effect, Raman Effect, Brillouin Effect), Application, and Geography - Global Forecast to 2025
    Smart Sensors Market by Type (Temperature & Humidity Sensors, Pressure Sensor, Touch Sensor, Motion & Occupancy Sensors, Water Sensor, Image Sensor), Technology, End-user Industry and Region – 2027
    Pressure Sensor Market by Sensor Type (Wired, Wireless), Technology (Piezoresistive, Capacitive, Optical), Product (Absolute, Gauge, Differential), End Use, Vertical, and Geography 2026

Temperature Sensor Market worth $9.7 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, January 11, 2024

The digital temperature sensor segment is expected to account for the largest share of the temperature sensor market in 2024.

Key Points: 
  • The digital temperature sensor segment is expected to account for the largest share of the temperature sensor market in 2024.
  • The Asia Pacific market is expected to witness the highest CAGR in the temperature sensor market during the forecast period.
  • Fast-track industrialization across the APAC region has created a conducive environment for the growth of the temperature sensor market.
  • Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=522
    IoT Sensors Market by Sensor Type, Network Technology, Vertical, Application, and Geography - Global Forecast – 2026
    Industrial Sensors Market by Sensor Type (Level Sensor, Temperature Sensor, Gas Sensor, Pressure Sensor, Position Sensor, and Humidity & Moisture Sensor), Type (Contact & non-contact sensors), End-User Industry and Region - Global Forecast to 2029
    Distributed Temperature Sensing Market by Operating Principle (OTDR, OFDR), Fiber Type (Single-mode Fibers, Multimode Fibers), Scattering Method (Rayleigh Effect, Raman Effect, Brillouin Effect), Application, and Geography - Global Forecast to 2025
    Smart Sensors Market by Type (Temperature & Humidity Sensors, Pressure Sensor, Touch Sensor, Motion & Occupancy Sensors, Water Sensor, Image Sensor), Technology, End-user Industry and Region – 2027
    Pressure Sensor Market by Sensor Type (Wired, Wireless), Technology (Piezoresistive, Capacitive, Optical), Product (Absolute, Gauge, Differential), End Use, Vertical, and Geography 2026

ADP appoints Thomas J. Lynch as the new Independent Board Chair

Retrieved on: 
Wednesday, January 10, 2024

ROSELAND, N.J., Jan. 10, 2024 /PRNewswire/ -- ADP, a leading global technology company providing human capital management (HCM) solutions, announced today that its board of directors appointed Thomas J. Lynch as its independent, non-executive board chair to succeed Carlos A. Rodriguez as executive chair of the board, effective as of January 31, 2024.  Mr. Lynch has served as an independent director of the board since 2018.

Key Points: 
  • ROSELAND, N.J., Jan. 10, 2024 /PRNewswire/ -- ADP, a leading global technology company providing human capital management (HCM) solutions, announced today that its board of directors appointed Thomas J. Lynch as its independent, non-executive board chair to succeed Carlos A. Rodriguez as executive chair of the board, effective as of January 31, 2024.
  • In addition, John P. Jones will transition from his role as lead independent director but remain a board member.
  • Prior to serving as lead independent director, Mr. Jones had been ADP's independent non-executive chairman since 2015.
  • "I feel privileged to take on the role of independent board chair of ADP at such an exciting time for the company," said Thomas J. Lynch.