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The Latest Breaking News from HVAC

In Houston, young mothers face some of the highest barriers for college and work in the U.S.

At 13.3%, Houston has the worst rate of young adults who are neither working nor in school of the largest metro areas in the country.

The Texas Tribune

Lennox Expands HVAC Portfolio With $550 Million NSI Division Purchase

Lennox International, Inc. (NYSE:LII) announced Thursday that it has completed the purchase of the HVAC Division of NSI Industries from Sentinel Capital Partners in a cash transaction valued at approximately $550 million.

Benzinga

The Right Kind of Growth: Why Vessel Home Services LLC Is a Model for the HVAC Boom

Kristen and Trevor know what growth is. In less than two years, they've transformed Vessel Home Services from a three-person passion project into an industry giant with nine businesses under its umbrella.

International Business Times

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Meet a 23-year-old electrician who was a 'good student' but skipped college to become his own boss. He makes 6 figures

Remote college in 2020 didn't work for Jacob Palmer. “It felt very intangible, is the best way that I have found to say it ... It didn’t work for me. I hated it.”

Fortune

Tariffs could hike up your air conditioning bill for your home and car this summer

A coolant shortage and forecasts calling for rising temperatures are both likely to contribute to air conditioning price increases

The Independent UK

How Long Does It Take for a Dehumidifier to Dry Out a Room? HVAC Experts Say It Can Be in a Matter of Hours or Days

This nifty appliance can clear our moisture between 24 to 72 hours — but there are a few factors you'll need to consider

Livingetc

9 ways to cool down a hot apartment in winter – and they don't cost the earth

HVAC experts share their top tips for climate control when you don't control your thermostat

Homes & Gardens

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Importance of Google reviews for HVAC business

Learn the importance of Google reviews for HVAC businesses and know how positive reviews can increase your search rankings and help you

USA Today Sports Media Group

Why do AC units freeze up? 4 possible causes and what to do

We spoke with HVAC specialists and electricians to find out all the potential causes for why your AC unit has frozen over, with advice on what to do next

Homes & Gardens

When should I use emergency heat on a thermostat – HVAC experts explain

HVAC experts have shared their tips for when to use emergency heat on a thermostat to help keep your home warm and your heating system functional

Homes & Gardens

How much does it cost to replace a furnace? Plus, the signs you need a new one

HVAC experts and furnace technicians explain how much it costs to replace a furnace, what the process entails, and how to know when your furnace needs replacing

Homes & Gardens

Stock of the Week Under $10: Lincoln Educational Services (LINC)

You may have seen the popular series Dirty Jobs hosted by Mike Rowe. If so, you know there are a lot of jobs out there in high demand that often have a lack of trained labor to fulfill them. Enter a company like Lincoln Educational Services with just the right…

StockNews.com

Experts explain why your heating is so expensive this winter

The cost of heating a home has risen steeply this winter. These are the reasons why and how you can reduce your heating bills

Homes & Gardens

Marketing 360, Carrier Partner On Latest Digital Technology For HVAC Dealers

Marketing 360 and Carrier collaborated to bring the power of the Marketing 360 technology to Carrier HVAC dealers and technicians. Carrier is a part of Carrier Global Corp (NYSE:CARR). The cooperation will enable Carrier HVAC contractors access to the entire Marketing 360 platform and services. Utilizing this technology enables HVAC contractors to leverage the…

Benzinga

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Benzinga

Carrier Global Q1 Results Surpass Street Expectation, Reaffirms FY22 Guidance

Carrier Global Corp (NYSE:CARR) reported a first-quarter FY22 net sales decline of 1% year-over-year to $4.65 billion, driven by the Chubb divestiture, +10% on an organic basis, beating the consensus of $4.52 billion. Sales by segments: HVAC $2.97 billion (+19.5% Y/Y), Refrigeration $976 million (-2.9% Y/Y), and Fire & Security $818 million (-37.3%…

Benzinga

KeyBanc Cuts Carrier Global's Price Target By 10%

KeyBanc analyst Jeffrey Hammond lowered the price target for Carrier Global Corp (NYSE:CARR) to $54 (an upside of 28.5%) from $60 to reflect broadly lower multiples in the HVAC space. The analyst maintained the Overweight rating on the shares. According to Hammond, sporadic supply chain challenges remain in the spotlight. The analyst believes supply chain…

StockNews.com

Carrier Global vs. Lennox International: Which HVAC stock is a Better Buy?

Rising demand for efficient and automated HVAC systems to improve indoor air quality and help industrial clients achieve their ESG goals helped the industry's sales last year. Moreover, rising investments in manufacturing sustainable HVAC systems should benefit Carrier Global (CARR) and Lennox International (LII). But which of these stocks is…

Benzinga

Carrier Global Q4 Earnings Tops Street View, Provides FY22 Outlook

Carrier Global Corp (NYSE:CARR) reported fourth-quarter FY21 sales growth of 11.7% year-over-year to $5.13 billion, 11% on an organic basis, beating the consensus of $4.83 billion. Sales by segments: HVAC $2.73 billion (+16.9% Y/Y), Refrigeration $1.09 billion (+14.9% Y/Y), and Fire & Security $1.43 billion (+2.4% Y/Y). The operating margin for the quarter…

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