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Franklin Electric Reports First Quarter 2019 Sales and Earnings

2 days ago DieselGasoil Comments Off on Franklin Electric Reports First Quarter 2019 Sales and Earnings
FORT WAYNE, Ind., April 23, 2019 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) reported first quarter 2019 GAAP fully diluted earnings per share (EPS) of $0.19, versus a GAAP fully diluted EPS in the first quarter 2018 of $0.45.  First quarter 2019 sales were $290.7 million, compared to 2018 first quarter sales of Read More

Trump’s hardline on Iran catches oil markets off-guard

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Oil prices spiked on the back of news that the Trump administration would not extend the Iran sanction waivers, a decision that will likely increase oil market volatility. The Washington Post reported on Sunday that the State Department was set to announce a decision against extensions on waivers after the initial six-month period expires. Secretary of State Read More

Elon Musk on Tesla’s self-driving capabilities

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(Reuters) – Tesla Inc revealed its self-driving plans during an investor day on Monday, with Chief Executive Elon Musk predicting the launch of an autonomous robotaxi service next year in some U.S. markets. FILE PHOTO: Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo Read More

Tesla says robotaxis coming next year, touts self-driving microchip

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(Reuters) – Chief Executive Elon Musk said Tesla Inc robotaxis with no human drivers would be available in some markets next year thanks to exponential improvements in technology. FILE PHOTO: A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson “Probably two years from now we’ll make a car with Read More

Tesla shows off self-driving technology to investors

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FILE PHOTO: A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson SAN FRANCISCO (Reuters) – Tesla Inc broadcast a web presentation on Monday to update investors about its self-driving strategy as Chief Executive Elon Musk tries to show that the electric car maker’s massive investment in the sector will Read More

Factbox: Elon Musk on Tesla’s self-driving capabilities

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(Reuters) – Tesla Inc will focus on its autonomous driving system when it hosts its investor day on Monday. FILE PHOTO: Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo Elon Musk, the electric vehicle company’s chief executive officer, has touted the company’s self-driving Read More

Manhunt for ‘axe murderer’ after woman hacked to death

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By Ajay Nair, news reporter A woman has been hacked to death in New York, with another victim managing to raise the alarm after escaping the building. Detectives in New York said the killer, who may have used an axe, attacked the women inside a Brooklyn apartment. Officers said the horrific scene was discovered after Read More

New 40mm cannon on Marine Corp amphibious combat vehicle destroys drones, pickup trucks

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A Marine Corps amphibious combat vehicle armed with a 40mm cannon is seen in Kingman, Arizona.(Kris Osborn) Navy and Marine Corps interest in up-gunning its new Amphibious Combat Vehicle with a stronger, longer-range 40mm cannon may have taken a step forward following a live-fire demonstration which blasted off the cannon — destroying enemy pick-up trucks, Read More

Explainer: Betting on the past? Europe decides on connected car standards

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FRANKFURT (Reuters) – The European Commission’s push to implement a Wi-Fi standard for connected cars has won the support of lawmakers in a victory for Germany’s Volkswagen, although competitor BMW and other backers of a rival technology still hope to overturn the decision. FILE PHOTO: The logo of Volkswagen in Berlin, Germany February 27, 2019. Read More

‘Barbaric and inhuman’: Two Indian men SECRETLY decapitated by Saudi Arabia

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Saudi Arabia has secretly beheaded two Indian nationals without notifying either the embassy or the men’s relatives of the brutal executions. To add to the shock, the Kingdom will not surrender the remains to the families. Satwinder Kumar of Hoshiarpur and Harjeet Singh of Ludhiana were decapitated on February 28, in connection with the case Read More