HARVEY, Ill., May 19, 2022--(BUSINESS WIRE)--Atkore Inc. ("Atkore"), today announced the acquisition of the assets of Talon Products, LLC, a provider of patented, non-metallic, injection molded cable cleats for use in power distribution applications. Sold as Talon® Cable Cleats, the product supports and holds electrical cables when installed at intervals along the length of cable. Additionally, the cleats secure cables and minimize movement in the event of a short circuit or other emergency. The Talon Cable Cleat easily mounts on ladder-type cable trays, framing channel strut or structural surfaces without cumbersome mounting brackets, providing a lower total installed cost. (www.hugtherung.com).

"The acquisition of Talon Products seamlessly integrates with Atkore’s existing product portfolio to provide a robust solution for cable management needs," commented Mark Lamps, President of Atkore’s Safety & Infrastructure business. "Talon Cable Cleats are an innovative product that is non-magnetic, non-conductive, and resistant to oils, heat, UV, moisture and corrosion. We’re proud to offer this high-quality product, which has a vital role in helping improve worker safety and limiting equipment damage during a short circuit event."

Talon Products is a small business headquartered in Hammond, Louisiana and will continue operating at its current location. Terms of the sale are undisclosed.

Atkore is forging a future where our employees, customers, suppliers, shareholders and communities are building better together – a future focused on serving the customer and powering and protecting the world.

With a global network of manufacturing and distribution facilities worldwide, Atkore is a leading provider of electrical, safety and infrastructure solutions.

To learn more, please visit at www.atkore.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220519006048/en/

Lisa Winter Vice President - Communications 708 225-2453

John Deitzer Vice President – Investor Relations & Treasury 708 225 2124

As if investors weren’t jittery enough about the state of the global economy, Tesla (TSLA) CEO Elon Musk has now further added to the heebie-jeebies. In an email to Tesla employees, Musk said the company will not only pause hiring but that it will have to let go of 10% of the workforce. If that wasn’t bad enough, Musk also said he had a “super bad feeling” regarding the economy. Should investors go into panic mode, then? Maybe not quite yet, although according to Morgan Stanley’s Adam Jonas, wit

A falling market trend, a rally at the end of May, and now a volatile week to start off the month of June. Just what is the market up to, and how can we make sense of it? Those are the questions that Morgan Stanley strategist Mike Wilson tries to tackle in a recent note. The well-known analyst is one of the Street’s highest-profile bears right now, although he does see gains coming in the short term. Wilson quantifies those gains with a prediction of 4,250 to 4,300 in the S&P 500’s current rally

Every investor knows that the path toward profits lies in buying low and selling high. That’s a basic precept of any economic trading system. The trick, however, is recognizing when the stock is low enough to buy in. The prime moment to buy is when the stock hits bottom; that will maximize returns when the share price starts to rise again. There are a multitude of possible clues investors can use to find the price bottom; today, we’ll be looking at insider buying trends. Insiders – the corporate

Bearish investors are ramping up bets against meme stocks GameStop Corp and AMC Entertainment Holdings Inc, spotlighting how short sellers have grown bolder during a broader market selloff that has pummeled risky post-pandemic favorites once beloved by retail traders. "Retail investors are at a point now where they are just sitting on the sidelines and they’ve lost money in many cases," said Randy Frederick, managing director of trading and derivatives at the Schwab Center for Financial Research. At the same time, "institutional investors don’t have the luxury of sitting on sidelines and they are much more comfortable going short so they are becoming the more dominant player in the market," he said.

If you were hoping to buy shares of Amazon.com (NASDAQ: AMZN) before the company's 20-for-1 stock split, you're too late. Of course, it's not too late to still invest in Amazon. Here's the next stock-split stock to buy after Amazon.

Yahoo Finance Live breaks down the news surrounding several trending stocks, including Keurig Dr. Pepper's addition to the S&P 500, replacing Under Armour in the index.

Stock splits typically have led to oversized returns, says Bank of America.

Yahoo Finance reporter Ines Ferre joins Yahoo Finance Live to discuss the impressive performance of several Chinese stocks amid regulatory scrutiny of the country's tech industry.

Most companies have already reported Q1 earnings, although some names have yet to deliver the quarter’s financials. Nio (NIO) is one of those but before the market kicks into action on Thursday (June 9), the Chinese EV maker will step up to the earnings plate. As deliveries have already been announced for the quarter (NIO delivered 25,768 vehicles in Q1), Deutsche Bank analyst Edison Yu is not anticipating any big surprises, with the analyst expecting an “in-line” display. As such, attention wil

This week will be a big one for Novavax (NVAX). On Tuesday (June 7), the FDA's Vaccines and Related Biological Products Advisory Committee (VRBPAC) will meet to discuss Novavax’s EUA application for the use of its Covid-19 vaccine NVX-CoV2373 as a primary vaccine for adults. Ahead of the meeting, last week the FDA released briefing documents which put potential issues under the spotlight. These included the risk of myocarditis (inflammation of the heart muscle) especially in young men, one Guill

Amazon's 20-for-1 stock split was executed June 6, and the stock is trading higher as a result. Here's what option traders need to know.

These passive income powerhouses, with yields ranging from 8.2% to 13.2%, are ripe for the picking by opportunistic investors.

These innovative growth stocks have the potential to lead investors to financial independence in less than two decades.

If you're ready to invest $200,000 (or something close to it) with the goal of turning it into $1 million, this article will help you understand your options and focus your investment strategy. If you're not sure what you should do, … Continue reading → The post How to Invest $200K and Turn It Into $1 Million appeared first on SmartAsset Blog.

In its first 10 days in theaters, Top Gun: Maverick has raked in an astounding $290 million haul and -- at least initially -- helped to lift shares of movie theater chain AMC Entertainment Holdings (NYSE: AMC) out of the dumps. Within mere hours of the fighter jet movie's take-off, shares of AMC Entertainment blasted 18% higher, but it's been all downhill since. Since that opening day lift, in fact, AMC stock has now given back all 18% of its first-day gains.

Asset manager Cathie Wood's flagship, Ark Innovation ETF, has come back from its May 12 intraday low, though it remains down year to date.

Dow Jones futures were little changed after Monday's stock market action. The 10-year Treasury yield jumped back above 3%.

(Bloomberg) -- Bitcoin fell back below $30,000 to the lowest in a week as yet another attempt at upward momentum lost steam amid risk-off markets.Most Read from BloombergAmazon’s Stock Split Delivers More Than Bargained ForApple Unveils Biggest MacBook Air Redesign in Over a DecadeUS Probes Binance Over Token That Is Now World’s Fifth LargestMusk’s ‘Buyer’s Remorse’ Won’t Get Him Out of Twitter DealStocks Rise as Higher Yields Keep Check on Rally: Markets WrapThe largest cryptocurrency fell as m

Putting away $4 million for retirement is a great accomplishment. However, you're likely wondering how much interest $4 million earns per year. Predicting how much interest your nest egg earns will help you decide if it's enough to support your … Continue reading → The post How Much Interest Does $4 Million Earn Per Year? appeared first on SmartAsset Blog.

In this article, we will take a look at the 10 best passive income stocks to buy now. You can skip our analysis of these stocks and go directly to the 5 Best Passive Income Stocks to Buy Now. Tech and growth stocks have been taking a beating due to concerns related to rising inflation […]