MILWAUKEE--(BUSINESS WIRE)--Dec 4, 2024--
Zurn Elkay Water Solutions Corporation (NYSE: ZWS) was named by Newsweek and Statista as one of America’s Most Responsible Companies 2025. Of the 600 companies making the list, Zurn Elkay ranked No. 28 overall, No. 3 in the Capital Goods sector and No. 1 in the state of Wisconsin.
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“Clean water is one of the most valuable natural resources in the world, and as a leader in water management solutions, we are uniquely capable of solving complex water challenges,” said Todd A. Adams, Chairman and CEO of Zurn Elkay Water Solutions. “Being recognized as one of the most responsible companies in America for the fifth consecutive year reflects the strength of our guiding principle to ‘Simply Do the Right Thing’ and validates our focus on providing cleaner, safer water; prioritizing our people, our values and our communities; helping our customers meet their sustainability goals through water conservation and management; and prioritizing sustainability within our own walls.”
America’s Most Responsible Companies ranking focuses on a holistic view of corporate responsibility that considers all three pillars of sustainability: environment, social and corporate governance. The analysis is based on the quantitative data from more than 30 key performance indicators and corporate social responsibility reputation, derived from an extensive survey conducted among U.S. residents, assessing the public’s perception of each company’s social responsibility efforts.
Visit www.zurnelkay.com/sustainability to learn more about Zurn Elkay Water Solutions’ sustainability efforts, including the company’s most recent sustainability report.
About Zurn Elkay Water Solutions
Named one of America’s Most Responsible Companies and one of America’s Greenest Companies by Newsweek and one of the World’s Best Companies for Sustainable Growth by TIME, Zurn Elkay Water Solutions is headquartered in Milwaukee, WI, and is a growth-oriented, pure-play water management business that designs, procures, manufactures and markets what we believe to be the broadest sustainable product portfolio of specification-driven water management solutions to improve health, hydration, human safety and the environment. The Zurn Elkay product portfolio includes professional grade water safety and control products, flow systems products, hygienic and environmental products and filtered drinking water products for public and private spaces. Learn more at www.zurnelkay.com.
Newsweek and Statista named Zurn Elkay Water Solutions Corporation as one of America’s Most Responsible Companies 2025. Of the 600 companies making the list, Zurn Elkay ranked No. 28 overall, No. 1 in the Capital Goods sector and No. 1 in the state of Wisconsin. (Graphic: Business Wire)
NEW YORK (AP) — U.S. stock indexes are rising toward more records Wednesday after tech companies talked up how much artificial intelligence is boosting their results.
The S&P 500 rose 0.3% in morning trading to add to what looks to be one of its best years of the millennium. It’s on track to set an all-time high for the 56th time this year after coming off 10 gains in the last 11 days.
The Dow Jones Industrial Average was up 143 points, or 0.3%, as of 10:30 a.m. Eastern time, while the Nasdaq composite was adding 0.8% to its own record.
Salesforce helped pull the market higher after delivering stronger revenue for the latest quarter than analysts expected, though its profit fell just short.
CEO Mark Benioff highlighted the company’s artificial-intelligence offering for customers, saying “the rise of autonomous AI agents is revolutionizing global labor, reshaping how industries operate and scale.” The stock of the company, which helps businesses manage their customers, rose 8.8%.
Marvell Technology jumped even more after delivering better results than expected, up 22.2%. CEO Matt Murphy said the semiconductor supplier is seeing strong demand from AI and gave a forecast for profit in the upcoming quarter that topped analysts’ expectations.
They helped offset a drop of 10% for Foot Locker, which reported profit and revenue that fell short of analysts’ expectations.
CEO Mary Dillon said the company is taking a more cautious view, and it cut its forecasts for sales and profit this quarter. Dillon pointed to how keen customers are for discounts and how soft demand has been outside of Thanksgiving week and other key selling periods.
Retailers overall have offered mixed signals about how resilient U.S. shoppers can remain. Their spending has been one of the main reasons the U.S. economy has avoided a recession that earlier seemed inevitable because of high interest rates brought by the Federal Reserve to crush inflation. But shoppers are now contending with still-high prices and a slowing job market.
This week’s highlight for Wall Street will be Friday’s jobs report from the U.S. government, which will show how many people employers hired and fired last month. A report on Wednesday morning may have offered a preview of it.
The report from ADP suggested employers in the private sector increased their hiring last month, but not by as much as economists expected.
The report helped solidify traders’ expectations that the Fed will cut its main interest rate again when it meets in two weeks.
The Fed began easing its main interest rate from a two-decade high in September, hoping to offer more support for the job market. It had appeared set to continue cutting interest rates into next year, but the election of Donald Trump has scrambled Wall Street’s expectations somewhat.
Trump's preference for higher tariffs and other policies could lead to higher economic growth and inflation, which could alter the Fed’s plans.
Another report on Wednesday morning said health care, finance and other businesses in the U.S. services sector are continuing to grow, but not by as much as before and not by as much as economists expected.
One respondent from the construction industry told the survey from the Institute for Supply Management that the Fed's rate cuts have not pulled down mortgage rates as much as hoped yet. Plus “the unknown effect of tariffs clouds the future.”
In the bond market, the yield on the 10-year Treasury edged down to 4.22% from 4.23% late Tuesday.
On Wall Street, Campbell's fell 5% for one of the S&P 500's sharper losses despite increasing its dividend and reporting a stronger profit for the latest quarter than analysts expected. Its revenue fell short of Wall Street's expectations, and the National Football League's Washington Commanders hired Campbell's CEO Mark Clouse as its team president.
Campbell's said Mick Beekhuizen, its president of meals and beverages, will become its 15th CEO following Clouse's departure.
In stock markets abroad, South Korea’s Kospi sank 1.4% following a night full of drama in Seoul. President Yoon Suk Yeol was facing possible impeachment after he suddenly declared martial law on Tuesday night, prompting troops to surround the parliament. Yoon accused pro-North Korean forces of plotting to overthrow one of the world’s most vibrant democracies. The martial law declaration was revoked about six hours later.
Samsung Electronics fell 0.9% in Seoul. The country’s financial regulator said it was prepared to deploy 10 trillion won ($7.07 billion) into a stock market stabilization fund at any time, the Yonhap news agency reported.
In France, political turmoil has also been rising as the government faces a no-confidence vote Wednesday in parliament following a divisive budget debate. The CAC 40 in Paris rose 0.5%.
AP Writers Matt Ott and Zimo Zhong contributed.
A person walks on Wall St. near the New York Stock Exchange in New York's Financial District on Wednesday, Dec. 4, 2024. (AP Photo/Peter Morgan)
Holiday decorations are shown in front of the New York Stock Exchange in New York's Financial District on Tuesday, Dec. 3, 2024. (AP Photo/Peter Morgan)
FILE - Pedestrians cross Wall Street in New York's Financial District on Nov. 19, 2024. (AP Photo/Peter Morgan, File)
A person rides a bicycle in front of Tokyo Stock Exchange building Tuesday, Dec. 3, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)
Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Dec. 3, 2024. (AP Photo/Ahn Young-joon)
