Newsroom | 2297 results

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--L Squared Capital Partners (“L Squared”) announced today the acquisition of Functional Devices, Inc. (“FDI” or the “Company”), a leading provider of quality field devices for building automation and emergency lighting systems. Functional Devices is best known for its iconic RIB® (Relay in a Box®) brand, which has become the industry standard for reliable, easy-to-install relays, current sensors, power supplies, and other power control products across comm...

HOUSTON--(BUSINESS WIRE)--Comfort Systems USA, Inc. (NYSE: FIX) (the “Company”) today reported results for the quarter and annual period ended December 31, 2025. For the quarter ended December 31, 2025, net income was $330.8 million, or $9.37 per diluted share, as compared to $145.9 million, or $4.09 per diluted share, for the quarter ended December 31, 2024. Revenue for the fourth quarter of 2025 was $2.65 billion compared to $1.87 billion in 2024. The Company reported operating cash flow of $...

HOUSTON--(BUSINESS WIRE)--Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of commercial, industrial and institutional heating, ventilation, air conditioning and electrical contracting services, today announced that its board of directors declared a quarterly dividend of $0.70 per share, which is a $0.10 increase from the Company’s most recent dividend, on Comfort Systems USA, Inc. common stock. The dividend is payable on March 17, 2026 to stockholders of record at the close of busines...

PEWAUKEE, Wis.--(BUSINESS WIRE)--Leo, a network of expert facilities maintenance service providers, announced today that it has partnered with Bevara Building Services (“Bevara”) and Blackfin, two industry-leading providers of dedicated on-site building engineers. Leo is building a national facility service business by partnering with exceptional companies and supplying the resources needed to fuel their next chapter of growth. Founded in 1996 in Pewaukee, WI, Bevara is committed to delivering...

NEWPORT NEWS, Va.--(BUSINESS WIRE)--On February 18, 2026, the Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) board of directors declared a dividend of $0.89 per share. The timetable for payment of the dividend is as follows: Ex-dividend date: March 6, 2026 Record date: March 6, 2026 Currency election deadline for Depositary Interest holders: April 1, 2026 Payment date: April 30, 2026 The completion of cross-border movements of shares between the U.K. and the U.S. is contingent upon the recei...

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, announced that it has completed the acquisition of Stellar Energy Americas, Inc. (“Stellar Energy”), a leading provider of turnkey data center cooling solutions. The acquisition was previously announced on December 2, 2025. The acquisition strengthens Trane Technologies’ leadership in data center thermal management solutions, while accelerating growth, innovation and scale for Stellar Energy. Stellar En...

LAS VEGAS & ANAHEIM, Calif.--(BUSINESS WIRE)--Refrigeration Technologies, an industry leader in developing safer, high‑performance HVACR chemical solutions, is proud to announce that its founder, John Pastorello, was recently named the 2026 recipient of the HVAC Tactical Lifetime Achievement Award for his nearly 40-year legacy of advancing technician-first chemistry and reshaping the HVACR trade’s standards around service chemicals for safety, performance and environmental responsibility. The H...

MIAMI--(BUSINESS WIRE)--Filter King LLC, a leading U.S. manufacturer of HVAC air filtration products, today announced the opening of a new manufacturing and distribution facility at 9755 Clifford Drive Suite 100, Dallas, Texas 75220. The 44,000-square-foot facility significantly expands Filter King’s production and logistics capacity and enables 24-hour shipping to customers throughout Texas and surrounding states. The Dallas location marks Filter King’s 3rd manufacturing and distribution facil...

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its Thai subsidiary, Siam Compressor Industry Co., Ltd., which develops, manufactures and sells compressors for air conditioning and refrigeration equipment, will change its name to Mitsubishi Electric Siam Compressor Industry Co., Ltd. effective April 1. In addition to supplying Mitsubishi Electric group companies, Siam Compressor Industry provides a wide range of compressors to other air conditioning eq...

HOUSTON--(BUSINESS WIRE)--Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of mechanical and electrical contracting services including heating, ventilation, air conditioning, plumbing, electrical, piping and controls, announces that it has scheduled its quarterly conference call and webcast for Friday, February 20, 2026, at 10:00 a.m. Central Time to discuss fourth quarter and full year 2025 financial results. The results will be released after the market closes on Thursday, February 1...