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RBC Bearings Inc. reported fiscal 2022 third-quarter net sales of $267 million, while organic net sales were up 7.6% over last year.
Just 54% of new and existing homes sold between October and December were affordable to families earning the U.S. median income.
SaaS provider Descartes Systems Group announced it acquired NetCHB, a U.S. provider of customs filing solutions.
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The foodservice distributor reported fiscal 2022 second-quarter sales of $16.3 billion.
The adjusted Fastener Distributor Index was 52.7, although modest improvement was seen in most metrics, according to the latest analysis.
The deficit was $80.7 billion in December, up $1.4 billion from a revised $79.3 billion in November.
The company says Alan Boeckmann will not stand for re-election at the annual shareholders meeting this May.
Pittsburgh-based Kennametal Inc. says its fiscal 2022 second-quarter sales of $487 million were 10% above the same period last year.
2021 fourth-quarter sales increased 11.3% compared to the prior year, while net income from continuing operations was $68.1 million.
