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Trane Technologies plc - $TT STOCK NEWS

Welcome to our dedicated page for Trane Technologies plc news (Ticker: $TT), a resource for investors and traders seeking the latest updates and insights on Trane Technologies plc stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Trane Technologies plc's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Acepodia (6976:TT) released preliminary data from its Phase 1 clinical trial of ACE1831, an anti-CD20 antibody conjugated allogeneic gamma delta T cell therapy for non-Hodgkin's lymphoma. Initial results show a complete response and disease stabilization at the lowest dose level, with no serious adverse events observed. The therapy activates both innate and adaptive immune responses, potentially offering a more comprehensive immune response than standard CAR-T cell therapies.

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Trane Technologies partners with the U.S. Department of Energy to advance building decarbonization through the Commercial Building Heat Pump Technology Challenge. They aim to develop cost-effective, low-emission heat pump rooftop units to reduce carbon emissions and energy costs by up to 50% compared to conventional units. The initiative focuses on creating prototypes, testing product performance, and conducting field trials to meet energy efficiency and decarbonization goals. Trane Technologies' participation highlights their commitment to sustainability and innovation in addressing climate change.

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Trane Technologies (NYSE: TT) will participate in a fireside chat at the Bank of America Transportation, Airlines, and Industrials Conference on May 15, 2024, at 10:20 a.m. ET. The webcast will be available on the company's website with an archive for 30 days.

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Trane Technologies reported strong first-quarter results, with revenues of $4.2 billion, up 15%, and adjusted EPS up 38%. The company raised its 2024 revenue and EPS guidance, showcasing a leading growth profile among industrials.

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Trane Technologies (NYSE: TT) has been recognized as one of Europe's Climate Leaders by Financial Times for the fourth consecutive year. The company has shown significant progress in reducing greenhouse gas emissions and leading the movement towards decarbonization. Trane Technologies has exceeded its climate commitments, set bold 2030 Sustainability goals, and aims to be net-zero carbon by 2050. Through initiatives like the Gigaton Challenge, the company plans to reduce emissions by 1 billion metric tons by 2030, equivalent to 2% of the world's annual emissions. Trane Technologies is at the forefront of sustainable innovation, delivering fully electric refrigeration solutions and advocating for greater collaboration to combat climate change.
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Trane Technologies (NYSE:TT) has been honored with the Top Project of the Year Award for Energy Innovation in the 2024 Environment + Energy Leader (E+E Leader) Award program for its collaboration with the State of New Mexico. Trane's decarbonization-focused program helped the state achieve emissions reduction and resiliency goals through upgrading HVAC systems, implementing smart building controls, and incorporating renewable energy resources.
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Thermo King® in South Carolina showcases resilience and sustainability by accelerating the construction of a new facility in Greenville to meet the increasing demand for sustainable refrigerated transport solutions. The project includes advanced technology, sustainability best practices, and a focus on electrification, resulting in reduced carbon emissions and efficient operations. Despite challenges like a tornado impacting their existing site in Puerto Rico, Thermo King successfully launched operations in Greenville within a year, emphasizing collaboration, sustainability, and resilience.
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Trane Technologies, a global climate innovator, emphasized the urgent need for decarbonization and transformation in the commercial transport industry and cold chain at the GCCA European Cold Chain Conference. The company highlighted its commitment to reducing carbon emissions through innovative technologies like electric refrigeration and energy recovery solutions. Trane Technologies aims to drive widespread adoption of these solutions to create a more sustainable future.
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Range Energy and Thermo King collaborate to advance the commercial adoption of electric refrigerated trailers. The strategic partnership aims to integrate Range's electric trailer platform with Thermo King's refrigeration units to drive innovation and sustainability in commercial trucking.
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Trane Technologies plc (NYSE:TT) will discuss its first quarter 2024 financial results in a conference call on April 30, 2024, at 10 a.m. ET. The earnings release and presentation will be available on the company's website, with a live webcast and replay option for investors.
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Trane Technologies plc

NYSE:TT

TT Rankings

TT Stock Data

74.15B
226.25M
0.32%
87.3%
1.1%
Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use
Manufacturing
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United States of America
CO. DUBLIN