SK Hynix Shares Drop After Strong Nasdaq Debut Despite $26 Billion ADR Listing 
SoftBank Corp Partners With Sierra to Expand AI Customer Support Across Japan 
Nvidia Tightens AI Chip Sales in Asia With Stricter Customer Approval Process 
UBS Starts CarTrade Tech With Buy Rating, Sees Strong Earnings Growth and ₹4,000 Target 
DeepSeek Eyes China IPO as AI Startup Seeks $71 Billion Valuation in New Funding Round 
Paramount-Warner Bros. Discovery Merger Faces Lawsuit From 12 States 
Yaskawa Electric Shares Slide as Weak Profit Overshadows Strong AI Demand 
Taiwan Mangoes Head to Europe as Premium Fruit Exports Expand 
TSMC Q2 Revenue Surges 36% as AI Chip Demand Powers Growth Ahead of Earnings 
DBS Targets S$1 Trillion Wealth AUM by 2030 Amid Asia Wealth Boom 
DOJ Grand Jury Investigates UAW President Shawn Fain Ahead of Union Election 
Nippon Paint Reportedly Offers Up to €7.5 Billion for Akzo Nobel Decorative Paints Business 
Deutsche Bank Fined A$2 Million by ASIC Over OTC Derivatives Reporting Errors 
Kitron Q2 Revenue Beats Estimates as Defense Demand Lifts Growth 
Mastercard Explores Sale of Majority Stake in UK Payments Firm Vocalink: Report 
SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO 
OpenAI Executive Fidji Simo to Step Down Amid Health Challenges Ahead of IPO 
CLEVELAND, Jan. 07, 2016 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE:AIT) today announced plans to release its fiscal 2016 second quarter financial results on Thursday, January 28, 2016, before the market opens. The Company’s fiscal 2016 second quarter ended December 31, 2015.
The quarterly conference call for investors and analysts will begin at 10 a.m. ET on January 28. Neil A. Schrimsher – President & CEO, and Mark O. Eisele – CFO will discuss the Company’s performance. To join the call, dial 1-800-931-6428 or 1-212-231-2913 (for International callers).
A live audio webcast can be accessed online through the investor relations portion of the Company’s website at www.applied.com. To help ensure you do not miss any of the conference call, please dial-in or link to the call 10-15 minutes prior to the scheduled start. Replays of the call will be made available for two weeks via webcast or telephone by dialing 1-800-633-8625 or 1-402-977-9141 (International) using passcode 21802812.
About Applied
Founded in 1923, Applied Industrial Technologies is a leading industrial distributor that offers more than five million parts to serve the needs of MRO and OEM customers in virtually every industry. In addition, Applied provides engineering, design and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber and fluid power shop services. Applied also offers maintenance training and inventory management solutions that provide added value to its customers. For more information, visit www.applied.com.
CONTACT: Mark O. Eisele, Vice President – Chief Financial Officer, 216-426-4417 or Julie A. Kho, Manager – Public Relations, 216-426-4483.
