Flux Power Partners With Forklift OEM to Launch Private Label Battery Program; Shares Rise-March 2024-www.financetom.com

Flux Power Partners With Forklift OEM to Launch Private Label Battery Program; Shares Rise

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Flux Power Partners With Forklift OEM to Launch Private Label Battery Program; Shares Rise

Sep 13, 2024 1:14 PM

02:09 PM EDT, 09/12/2024 (MT Newswires) -- Flux Power ( FLUX ) shares rose more than 6% in recent Thursday trading after the firm said it has formed a strategic partnership with a major forklift original equipment manufacturer to launch a new battery program.

The private label program will allow the original equipment manufacturer to offer Flux's lithium-ion batteries under its own brand, the company said. Financial details were not provided.

Price: 3.12, Change: +0.18, Percent Change: +6.09

Previous page： Lundin Gold Q4 Adjusted Net Earnings Surge, Boosts Dividend Next page： Teva Pharma and Alvotech launch US biosimilar to J&J's Stelara

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Lundin Gold Q4 Adjusted Net Earnings Surge, Boosts Dividend

Feb 21, 2025

06:28 AM EST, 02/21/2025 (MT Newswires) -- Lundin Gold ( LUGDF ) late on Thursday reported a jump in adjusted net earnings on higher revenues and production. Adjusted net earnings rose to US$129.1 million, or US$0.54 per share, up from US$33.2 million, or US$0.14 per share. Net revenue rose to US$341.8 million from US$190.7 million. Adjusted EBITDA was US$232.2 million,...

Teva Pharma and Alvotech launch US biosimilar to J&J's Stelara

Feb 21, 2025

Feb 21 (Reuters) - Teva Pharmaceuticals and Alvotech ( ALVO ) said on Friday they have launched a biosimilar to Johnson & Johnson's ( JNJ ) autoimmune drug Stelara in the United States. Selarsdi, like Stelara, is approved for the treatment of moderate to severe plaque psoriasis, active psoriatic arthritis, and moderately to severely active Crohn's disease and ulcerative colitis....

Clear Secure Declares Dividends, Raises Share Repurchase Program by $200 Million

Feb 21, 2025

06:28 AM EST, 02/21/2025 (MT Newswires) -- Clear Secure ( YOU ) said Friday that its board of directors maintained a quarterly dividend of $0.125 per share and declared a special cash dividend of $0.27 per share. Both dividends are payable on March 18 to holders of Class A and Class B common stock of record on March 10. The...

Rivian Automotive to Recall Some 2025 R1S, R1T Vehicles Over Headlight Issue

Feb 21, 2025

06:30 AM EST, 02/21/2025 (MT Newswires) -- Rivian Automotive ( RIVN ) is recalling certain 2025 R1S and R1T vehicles due to a defect that may cause the low beam headlights to fail to illuminate when starting the vehicle in cold weather, according to a notification by the National Highway Traffic Safety Administration. In a Recall Acknowledgment Thursday, the NHTSA...