tmrMay 10, 2021 8
Refrigerated counters have been witnessing strong demand globally majorly due to the growing presence of restaurants and food chains around the world. The refrigerated counters market is mostly concentrated in North America and Europe owing to a large number of hotels and catering service providers in these regions. The emergence of new hotels and cafes in response to the ever-growing tourism industry in developing countries is also likely to support the growth of the refrigerated counters market.
The implementation of government regulations to control energy consumption and reduce the use of harmful refrigerants is expected to boost the replacement demand for refrigerated counters among end users in the coming years. Increasing stringency of food safety and quality regulations are also anticipated to support the market.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Wells Fargo Joins OneTen Coalition to Hire, Upskill and Advance Black and African American Talent in the U.S.
May 10, 2021 GMT
Male Wells Fargo employee shaking hands with another male in front of a teller line. (Photo: Wells Fargo)
Male Wells Fargo employee shaking hands with another male in front of a teller line. (Photo: Wells Fargo)
SAN FRANCISCO (BUSINESS WIRE) May 10, 2021
Wells Fargo & Company (NYSE: WFC) today announced support for OneTen, a coalition that brings U.S. companies together to improve hiring, retention, upskilling and advancement of Black and African American talent by creating one million family-sustaining careers over the next 10 years and fostering more diverse and inclusive corporate cultures.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
ITW Board of Directors Declares Quarterly Dividend
Illinois Tool Works Inc.May 7, 2021 GMT
GLENVIEW, Ill., May 07, 2021 (GLOBE NEWSWIRE) The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company’s common stock of $1.14 per share for the second quarter of 2021. The dividend equates to $4.56 per share on a full-year basis. The dividend will be paid on Thursday, July 15, 2021 to shareholders of record as of June 30, 2021.
The Board also approved a new share repurchase program that authorizes management to buy back up to $3 billion of the Company’s common stock over an open-ended period of time. The full authorization represents approximately 13 million shares based on ITW’s closing share price on May 6, 2021. The Company’s existing share repurchase authorization of $3 billion was announced in August 2018 and has approximately $1.0 billion
Provided by Dow Jones By Colin Kellaher Illinois Tool Works Inc. on Friday said its board approved the repurchase of up to an additional $3 billion of common stock. The Glenview, Ill., maker of industrial products and equipment said the buyback represents roughly 13 million shares based on Thursday s closing share price of $237.06. Illinois Tool Works, which has about 316.5 million shares outstanding and sports a market capitalization of around $75 billion, said the $3 billion buyback it announced in August 2018 had about $1 billion remaining as of March 31. Write to Colin Kellaher at colin.kellaher@wsj.com (END) Dow Jones Newswires Sponsor Center
Manufacturers struggle as breakdowns lead to supply shortage chicagobusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagobusiness.com Daily Mail and Mail on Sunday newspapers.