- nVent Electric PLC (NYSE:NVT) has made a new strategic investment in Iceotope Technologies Ltd. and plans for greater collaboration through a strategic alliance agreement. The financial terms were not disclosed.
- Iceotope’s precise immersion cooling solutions will be further integrated with nVent’s suite of accessories, power distribution, and advanced liquid cooling products, building upon nVent’s recent collaboration with Iceotope.
- The enhanced collaboration will offer cooling solutions for data center, edge, and computing applications.
- “I’m excited that nVent and Iceotope are deepening their collaboration to deliver innovative cooling solutions for data centers that are more sustainable,” commented nVent President of Enclosures Joe Ruzynski.
- Price Action: NVT shares are trading lower by 1.13% at $30.60 on the last check Wednesday.
Performance Food Group Q4 EPS $1.07 Beats $1.04 Estimate, Sales $14.60B Beat $14.56B Estimate
Performance Food Group (NYSE:PFGC) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $1.04 by 2.88 percent. This is a 91.07 percent increase over earnings of $0.56 per share from