McGrath

U.S. Worker Confidence Index™ Snaps Three-Quarter Growth Streak, Opens 2023 Down 3.5 Points While Maintaining Year-Over-Year Increases

Retrieved on: 
Thursday, May 25, 2023

In the first quarter of 2023, the WCI decreased by 3.5 points to 110.9 following three consecutive quarters of increases.

Key Points: 
  • In the first quarter of 2023, the WCI decreased by 3.5 points to 110.9 following three consecutive quarters of increases.
  • Perceived likelihood of a promotion also decreased, falling 11.3 points from 135.5 to 124.2 after consistent growth in the second half of 2022.
  • “Despite non-linear growth, less-than-ideal economic conditions and widespread layoffs in certain sectors, worker confidence is continuing to find solid ground.
  • Confidence among Hispanic employees increased the most, rising 4.5 percentage points from 46.5% to 51%, the highest level reported among any racial group.

McGrath to Present at the UBS Global Industrials and Transportation Conference

Retrieved on: 
Tuesday, May 23, 2023

McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief Executive Officer, and Keith Pratt, EVP and Chief Financial Officer, are scheduled to present at the UBS Global Industrials and Transportation Conference at the Lotte New York Palace in New York, NY on Tuesday, June 6, 2023, at 8:50 a.m.

Key Points: 
  • McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief Executive Officer, and Keith Pratt, EVP and Chief Financial Officer, are scheduled to present at the UBS Global Industrials and Transportation Conference at the Lotte New York Palace in New York, NY on Tuesday, June 6, 2023, at 8:50 a.m.
  • ET.
  • A simultaneous webcast and presentation slides of Mr. Hanna and Mr. Pratt’s presentation will be posted under the “Events and Presentations” section of the Company’s website at https://investors.mgrc.com/events-and-presentations .
  • A replay will be available for approximately 90 days on the company’s website shortly after the completion of the presentation.

NEWS FLASH: 450SX Crown Fulfills Honda's '23 AMA SX Championship Sweep

Retrieved on: 
Monday, May 15, 2023

The 23-year-old set several season-best marks, including most podium finishes (13), most top-five results (16), most heat-race wins (eight) and most laps led.

Key Points: 
  • The 23-year-old set several season-best marks, including most podium finishes (13), most top-five results (16), most heat-race wins (eight) and most laps led.
  • In 2018 he transitioned to that operation's professional team, with whom he won the 250SX East Region Championship in 2019 and 2020.
  • Sexton moved up to the factory Honda squad midyear, and he was a regular podium finisher during the 2021 season.
  • In 2018 he transitioned to that operation's professional team, with whom he won the 250SX East Region Championship in 2019 and 2020.

Rochester, New York Woman Wins National, Dream Car Sweepstakes

Retrieved on: 
Wednesday, May 10, 2023

DENVER, May 10, 2023 /PRNewswire-PRWeb/ -- Product Report Card, an online market research company providing consumer input to businesses across the country, has announced Cheryl Ehrne of Rochester, New York as the winner of their national Dream Car Sweepstakes. Ehrne's submission was one of more than 5.7 million received by the Denver-based company over the last year.

Key Points: 
  • Rochester, New York woman takes $5 shopping survey, wins $50,000 in National, Dream Car Sweepstakes.
  • DENVER, May 10, 2023 /PRNewswire-PRWeb/ -- Product Report Card , an online market research company providing consumer input to businesses across the country, has announced Cheryl Ehrne of Rochester, New York as the winner of their national Dream Car Sweepstakes.
  • Rather than sell her already new car, Ehrne instead opted to receive a $50,000 cash prize – the approximate total minimum value of the vehicle prize.
  • Rather than sell her already new car, Ehrne instead opted to receive a $50,000 cash prize.

Biden's dragging poll numbers won't matter in 2024 if enough voters loathe his opponent even more

Retrieved on: 
Friday, May 5, 2023

Others have publicly urged Biden not to run again because of his advanced age.

Key Points: 
  • Others have publicly urged Biden not to run again because of his advanced age.
  • Biden’s popularity has never really recovered following the botched withdrawal from Afghanistan and the COVID resurgence in the summer of 2021.

Party loyalty and negative partisanship

    • They also found that these negative feelings about the other party have bigger effects on voters’ choices in elections than positive feelings about their own party.
    • In other words, the more you dislike the other party, the more loyal you’ll be to your own party.
    • These days, negative partisanship shows up everywhere in American politics, particularly for Democrats.
    • As a candidate, Biden already has been the beneficiary of negative partisanship.
    • In the end, the 2020 primary outcome was the result of strong negative partisanship against Donald Trump.

Not inspiring politics

    • He has the benefit of a Democratic electorate that is intensely angry at Republicans for recent legislative pushes against abortion and transgender rights.
    • This isn’t the most inspiring form of politics.
    • But, for now, negative partisanship is the central force in American politics, and it’s important to be clear-eyed about its role.

McGrath Announces Results for First Quarter 2023

Retrieved on: 
Thursday, May 4, 2023

McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended March 31, 2023 of $173.2 million, an increase of 19%, compared to the first quarter of 2022.

Key Points: 
  • McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended March 31, 2023 of $173.2 million, an increase of 19%, compared to the first quarter of 2022.
  • Income from continuing operations for the first quarter of 2023 includes $14.2 million in Adler Tanks divestiture and Vesta Modular acquisition transaction costs.
  • Excluding the divestiture and acquisition related transaction costs, first quarter 2023 earnings per diluted share was $0.89.
  • Joe Hanna, President and CEO of McGrath, made the following comments regarding these results and future expectations:
    “We were pleased with our first quarter results.

McGrath to Present at the Oppenheimer 18th Annual Industrial Growth Conference

Retrieved on: 
Tuesday, April 25, 2023

McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief Executive Officer, and Keith Pratt, EVP and Chief Financial Officer, are scheduled to present at the Oppenheimer 18th Annual Industrial Growth Conference (virtual format) on Tuesday, May 9, 2023, at 2:15 p.m.

Key Points: 
  • McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced that Joe Hanna, Chief Executive Officer, and Keith Pratt, EVP and Chief Financial Officer, are scheduled to present at the Oppenheimer 18th Annual Industrial Growth Conference (virtual format) on Tuesday, May 9, 2023, at 2:15 p.m.
  • ET.
  • A simultaneous webcast and presentation slides of Mr. Hanna and Mr. Pratt’s presentation will be posted under the “Events and Presentations” section of the Company’s website at https://investors.mgrc.com/events-and-presentations .
  • A replay will be available for approximately 90 days on the company’s website shortly after the completion of the presentation.

BESCREENED BLOOD-BASED COLORECTAL CANCER TEST AVAILABLE AT ANY LAB TEST NOW LOCATIONS ACROSS THE COUNTRY

Retrieved on: 
Thursday, April 20, 2023

PHOENIX, April 20, 2023 /PRNewswire/ -- Beacon Biomedical announced the availability of its BeScreened Colorectal Cancer (CRC) test at Any Lab Test Now locations across the nation. The test requires a single-tube blood-draw and measures three CRC related tumor associated proteins. With 94 percent accuracy, BeScreened detects CRC across all stages, combining results relationally into a simple and accurate "positive" or "negative" likelihood of CRC or precancerous polyps' presence or absence.

Key Points: 
  • PHOENIX, April 20, 2023 /PRNewswire/ -- Beacon Biomedical announced the availability of its BeScreened Colorectal Cancer (CRC) test at Any Lab Test Now locations across the nation.
  • Its availability across the country at Any Lab Test Now locations gives the consumer access like never before.
  • "Any Lab Test Now is passionate about this innovative new screening for colon cancer," explains Clarissa Bradstock, CEO of Any Lab Test Now, a direct access lab testing franchise with more than 215 locations nationwide.
  • Tests are available now, across the country at Any Lab Test Now location as well as online.

McGrath Acquires South Carolina-Based Container Rental Company

Retrieved on: 
Monday, April 3, 2023

McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced it has acquired the assets of Dixie Temporary Storage, a regional provider of portable storage solutions in the South Carolina market.

Key Points: 
  • McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced it has acquired the assets of Dixie Temporary Storage, a regional provider of portable storage solutions in the South Carolina market.
  • The acquisition adds approximately 800 assets and a new branch location for McGrath’s portable storage operations.
  • “Our acquisition of Dixie Temporary Storage is highly complementary to our portable storage rental business,” said Joe Hanna, President and CEO of McGrath.
  • “Consistent with our ongoing capital deployment and geographic expansion strategies, this opportunity provides us with a new regional operation and a high-quality fleet to serve the South Carolina market.

McGrath Sets First Quarter 2023 Financial Results Date and Time

Retrieved on: 
Friday, March 31, 2023

McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its first quarter ending March 31, 2023, after the close of regular market trading on Thursday, May 4, 2023.

Key Points: 
  • McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its first quarter ending March 31, 2023, after the close of regular market trading on Thursday, May 4, 2023.
  • McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that afternoon to discuss the results.
  • The conference call may be accessed by dialing 1-800-245-3047 (international callers dial 1-203-518-9765), or by listening to the simultaneous webcast on https://investors.mgrc.com/ .
  • A replay will be available for 7 days following the call by dialing 1-800-753-5479 (international callers dial 1-402-220-2675).