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Generac

All articles tagged with #generac

stock-market2 years ago

"Cramer's Lightning Round: SoFi is a Must-Buy for Investors"

Jim Cramer, host of CNBC's "Mad Money," shared his thoughts on several stocks during his lightning round segment. He expressed optimism about SoFi, stating that he remains a buyer and believes CEO Anthony Noto is doing a great job. Cramer also discussed Barrick Gold, Generac, Golden Ocean, and Guardant Health, providing insights on their performance and potential. However, he advised caution with Golden Ocean due to its historical boom and bust nature, and recommended considering Danaher over Guardant Health for gene sequencing investments. Additionally, Cramer suggested that Walgreens needs to present a plan and cut its dividend in order to regain his recommendation.

consumer-safety2 years ago

"Massive Recall: Thousands of Portable Generators Pose Burn Injury Risk"

Generac is recalling approximately 64,000 portable generators due to a fire and burn hazard. The fuel tank of the recalled generators can fail to vent adequately, causing excess pressure and fuel expulsion when opened. At least three severe burn injuries have been reported. Consumers are advised to stop using the affected generators and contact Generac for a free repair kit. The recall includes portable generator types GP15000E and GP17500E, sold from April 2011 through June 2023. Generac recently agreed to pay a $15.8 million civil penalty for failing to report a defect in its portable generator models.

product-recall2 years ago

"Generac Recalls 64,000 Portable Generators Over Burn and Fire Hazards"

Generac is recalling over 60,000 portable generators due to fire and burn hazards. The fuel tank of the recalled generators can fail to vent adequately, causing excess pressure and fuel expulsion when opened. There have been 27 incidents reported, including severe burn injuries. Consumers are advised to stop using the generators and contact Generac for a free repair kit. The affected generators were sold nationwide from April 2011 through June 2023.

consumer-safety2 years ago

"Generac Recalls 64,000 Portable Generators Ahead of Hurricane Season"

Generac Power Systems is recalling around 64,000 portable generators sold in the US and Canada due to the risk of fire and burns. The fuel tanks of the GP15000E and GP17500E units may fail to vent adequately, causing excess fuel vapor pressure and potential fuel expulsion when opened. The recall comes during hurricane season, when many people rely on generators for power after storms. The Consumer Product Safety Commission has received reports of overheating and severe burn injuries related to the generators. Generac is offering a free repair kit to affected consumers.

consumer-safety2 years ago

"Generac Recalls 64,000 Portable Generators Ahead of Hurricane Season"

Generac Power Systems is recalling around 64,000 portable generators sold in the US and Canada due to the risk of fire and burns. The fuel tanks of the GP15000E and GP17500E units may fail to vent adequately, causing excess fuel vapor pressure and posing fire hazards. The recall comes during hurricane season, when many rely on generators for power after storms. The Consumer Product Safety Commission advises consumers to stop using the recalled generators and contact Generac for a free repair kit.

stock-market2 years ago

Stock Market Update: Rivian Soars, UPS and Microsoft Tumble, and Other Notable Movers

Rivian's stock rose after Amazon announced plans to use the company's electric vehicles for last-mile delivery in Europe. Moderna's stock also saw an increase. Meanwhile, UPS shares fell as negotiations between the company and the Teamsters union collapsed. Wolf stock surged after signing a wafer-supply agreement with Renesas Electronics, while Generac shares declined.