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Bullboard - Stock Discussion Forum Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

Hammond Power Solutions Inc. is a manufacturer of dry-type transformers in North America. It is engaged in engineering and manufacturing a range of standard and custom transformers that are exported in electrical equipment and systems. It enables electrification through its range of dry-type transformers, power quality products and related magnetics. Its standard and custom-designed products... see more

TSX:HPS.A - Post Discussion

Hammond Power Solutions Inc > Globe's Stars & Dogs
View:
Post by retiredcf on Mar 30, 2024 6:45am

Globe's Stars & Dogs

Hammond Power Solutions Inc. (STAR)

 

$145.01+25.24 (21.07%)  Past five days

Business quiz! Shares of Hammond Power Solutions Inc. rose after the manufacturer of electrical transformers: a) announced that it had developed a “proprietary technology that uses high-voltage electricity to convert raw sewage into gold and silver”; b) won an exclusive contract to supply electrical equipment to hotels and casinos on the Las Vegas strip; c) announced that fourth-quarter sales jumped nearly 30 per cent to a record $187-million and net income rose 9.2 per cent to $19.9-million or $1.68 a share, prompting the company to hike its dividend. Answer: c.
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