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May 9, 2022
The new WDGN series of incremental encoders from Wachendorff Automation enables configuration of any pulse count from 1 I/U to 16,384 I/U via NFC (near-field communication). Depending on the equipment, basic or advanced, further parameters can be set via APP using NFC. After downloading the Wachendorff WDGN app to a smartphone, the desired parameters and
May 6, 2022
StockNews.com assumed coverage on shares of Regal Rexnord (NYSE:RRX – Get Rating) in a research note issued to investors on Thursday morning. The brokerage issued a hold rating on the stock. RRX has been the subject of a number of other reports. Barclays decreased their target price on Regal Rexnord from $200.00 to $180.00 and […]
May 3, 2022
Electric motors are at the heart of motion. Across the board, motor manufacturers are seeing increased demand for their products. Hastened by the pandemic, demand in areas such as robotics, autonomous vehicles and automated production and manufacturing lines across a wide swath of industries has risen, spurring new business as well as innovation. Some top
May 3, 2022
Bison Gear & Engineering Corp. has debuted its Bison Pull-Tight gear motor enclosure for demanding outdoor applications subjected to occasional underwater submersion. Originally designed for electric pool covers, the Pull-Tight has proven its exceptional durability in agriculture and many other environments exposed to harsh weather conditions, including flooding. This innovative solution developed by the Bison
May 1, 2022
Regal Rexnord Co. (NYSE:RRX – Get Rating) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 811,500 shares, a decrease of 31.8% from the March 31st total of 1,190,000 shares. Based on an average daily volume of 500,500 shares, the […]
April 30, 2022
Regal Rexnord (NYSE:RRX – Get Rating) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday, Zacks.com reports. The brokerage presently has a $146.00 price objective on the stock. Zacks Investment Research‘s price target would suggest a potential upside of […]
April 30, 2022
Regal Rexnord (NYSE:RRX – Get Rating) issued an update on its FY22 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $10.10-10.70 for the period, compared to the Thomson Reuters consensus estimate of $10.42. The company issued revenue guidance of approx $5.20 billion, compared to the consensus revenue estimate of […]
April 29, 2022
Encoder manufacturers are making sure that their offerings keep pace with broader technological changes and the demands of the market. For example, more powerful motion controllers and drives have spurred a rise in more sophisticated automation systems across a range of industries and applications. Robotics in particular is one area that continues to see growth,
April 29, 2022
Barnes Group Inc. (NYSE:NYSE:B) Q1 2022 Earnings Conference Call April 29, 2022 08:30 ET Company Participants William Pitts - Vice President of Investor Relations Julie Streich - Senior...
April 27, 2022
/PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) First Quarter Highlights Sales Up 60% Versus PY And Up 15% On An Organic Basis Daily Orders Up 10% In 1Q...