With California already battling several wildfires that have displaced tens of thousands of people, powerful winds are expected to sweep the state and potentially worsen the situation Tuesday (Oct. 29) through Thursday, prompting utilities to plan to preemptively cut power to even more customers. CNN reported that more than 26 million people from California to Arizona […]
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Seventeen state parks are closed in northern California due to the Kincade Fire in Sonoma County and Pacific Gas & Electric’s (PG&E) Public Safety Power Shutoff, state parks officials said Monday (Oct. 28), according to Patch.com. Four other parks remain open with limited services. Parks that are closed include Armstrong Redwoods State Natural Reserve, Austin […]
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Airstream Inc. announced that the Smart Control Technology unveiled in the 2019 Classic model travel trailer received two of Fast Company’s top awards in the annual Innovation by Design Awards. According to a press release, the Airstream-designed Smart Control Technology digitally connects owners to their recreational vehicles for a more enjoyable camping experience. The integrated […]
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Cummins Inc. reported third-quarter revenues of $5.8 billion, a decrease of 3% from the same quarter in 2018. Lower demand for trucks and construction equipment drove the majority of the decline. Sales in North America were flat while international revenues decreased 8%. Currency negatively impacted revenues by 1%, primarily due to a stronger U.S. dollar. […]
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Cavco Industries Inc., a builder of manufactured home and park model RVs, reported an 11.3% increase in revenue for its second quarter, ended Sept. 28. Results for the three months include Aug. 2 acquisition of Destiny Homes, which operates a manufactured and modular housing factory in Moultrie, Ga. Financial highlights include the following: • Net […]
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Days Corp. has partnered with “Mosaic in Northern Indiana,” a nonprofit organization which provides services to individuals with intellectual disabilities. According to a press release, the company recently employed a man receiving services through Mosaic. “He is part of the team and he’s doing an important job that leads to us becoming a more successful […]
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Strong stock performances in the high-end consumer discretionary space show the broader U.S. economy “may be in better shape” than investors are led to believe, CNBC’s Jim Cramer said Monday (Oct. 28). Cramer, using the charts of technician Bob Lang, a colleague and publisher of ExplosiveOptions.net, looked at some of the top names in the consumer discretionary […]
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Winnebago Industries Inc. announced that it intends to offer, subject to market conditions and other factors, $270 million in aggregate principal amount of convertible senior notes due 2025 in a private offering to qualified institutional buyers. In connection with the offering, the company expects to grant the initial purchasers a 30-day option to purchase up […]
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After 40 days on picket lines, thousands of General Motors’ hourly workers returned to their regular shifts Monday (Oct. 28). “Our focus was to resume normal operations as quickly as possible,” GM spokesman Dan Flores told Automotive News. GM’s suppliers also are working on getting back to normal operations, Flores said, without giving details. GM “is […]
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Marcus Lemonis, CEO of Camping World Holdings Inc., has sold a Jacksonville, Fla., dealership at a multi-million dollar loss, county records indicate. The Jacksonville Business Journal reported that Lemonis, who stars in CNBC’s “The Profit,” purchased the store for $5.4 million in January 2018. In Sept. 2018, the company filed permits to emblazon the property […]
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