Sunday, December 15, 2019
All News
Autoliv: Financial Report July - September 2016
October 27, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: For the three-month period ended September 30, 2016, Autoliv, Inc. (NYSE:ALV) (STO:ALIVSDB) – the worldwide leader in automotive safety systems – reported consolidated sales of $2,461 million. Quarterly organic sales* grew by 6.1%. The operating margin was 7.8% and the adjusted operating
Distributors Unlock the Value of Tail Spend with ACTYLUS Smart Bin Systems from Apex
October 27, 2016
MASON, Ohio--(BUSINESS WIRE)--ACTYLUS™ Smart Bin Systems, from Apex Supply Chain Technologies® of Mason, Ohio, are helping extend companies’ continuous improvement efforts into inventory replenishment – a traditionally low-tech and manual process. ACTYLUS is on display in booth #2348 at the National Industrial Fastener &
Textron Elects MIT VP of Research Dr. Maria T. Zuber to Board of Directors
October 27, 2016
PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) announced that Dr. Maria T. Zuber has been elected to the company's Board of Directors, effective November 1, 2016. Dr. Zuber is the Vice President for Research and the E. A. Griswold Professor of Geophysics at the Massachusetts Institute of Technology. She is also currently the Chair of
BAE Systems Awarded $146 Million U.S. Army Contract for Ammunition Plant Modernization
October 27, 2016
KINGSPORT, Tenn.--(BUSINESS WIRE)--BAE Systems has been awarded a U.S. Army contract modification valued at $146.5 million to construct and commission a new facility that will increase the capacity for producing insensitive munitions at the Holston Army Ammunition Plant in Kingsport, Tennessee. The project to build the Insensitive Munitions Weak
Future Engineers Hosts National “Mars Medical” Design Challenge for Young Innovators Issued by
October 27, 2016
LOS ANGELES--(BUSINESS WIRE)--Future Engineers, an online education platform that issues national innovation challenges for K-12 students, has announced the Mars Medical Challenge, the fifth in a series of space innovation challenges developed by Future Engineers with the American Society of Mechanical Engineering (ASME) Foundation and with
Mechanical Technology Announces Third Quarter 2016 Earnings
October 27, 2016
ALBANY, N.Y.--(BUSINESS WIRE)--Mechanical Technology, Incorporated (MTI or the Company) (OTCQB:MKTY), a company engaged, through its subsidiary MTI Instruments, Inc. (MTI Instruments), in the design, manufacture and sale of precision test and measurement sensors, instruments and systems that provide solutions for linear displacement, vibration
AstroNova Launches EVX Chart Recording System for Data Acquisition & Printing
October 27, 2016
WEST WARWICK, R.I.--(BUSINESS WIRE)--AstroNova (NASDAQ: ALOT), a global leader in data visualization technologies, today announced the worldwide release of its EVX Chart Recording System, a data acquisition and printing system. Combining the power of AstroNova’s TMX-R data acquisition system and the high-quality print capability of its
Tel-Instrument Electronics Corp. to Host Conference Call to Discuss Fiscal Second Quarter 2017
October 27, 2016
EAST RUTHERFORD, N.J.--(BUSINESS WIRE)--Tel-Instrument Electronics Corp. (“TIC” or the “Company”) (NYSE MKT:TIK) will host a conference call and webcast on Wednesday, November 9, 2016 at 9:00 a.m. Eastern Time to discuss the Company’s fiscal second quarter 2017 results. To access the live webcast, log onto the
Sparton Corporation to Host Conference Call to Discuss Fiscal 2017 First Quarter Financial Results
October 27, 2016
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Sparton Corporation (NYSE:SPA) announced it will host a conference call on Wednesday, November 9, 2016, at 10:00 a.m. CST/11:00 a.m. EST to discuss its fiscal year 2017 first quarter financial results. The Company’s results for the quarter will be filed with the SEC no later than November 8, 2016. To
Barco Uniforms Ties the Knot with Centric Software
October 27, 2016
CAMPBELL, Calif.--(BUSINESS WIRE)--Barco Uniforms is a recognized leader of design innovation in the premium professional apparel industry, designing award-winning premium uniforms that elevate and honor individuals in the healthcare, food service and hospitality industries. Founded in 1929, Barco Uniforms is a Los Angeles-based, forward-thinking
Materion Corporation Reports Third Quarter 2016 Financial Results and Declares Fourth Quarter
October 27, 2016
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE:MTRN) today reported third quarter 2016 financial results. Net sales for the third quarter of 2016 were $249.6 million compared to $244.4 million for the third quarter of 2015. Third quarter 2016 value-added sales were $157.0 million, up 5% from third quarter 2015 value-added sales
Changes to BillerudKorsnäs Senior Management Team
October 27, 2016
SOLNA, Sweden--(BUSINESS WIRE)--Regulatory News: Ulf Eliasson, today head of BillerudKorsnäs (STO:BILL) business area Consumer Board, has been appointed Senior Vice President Production. Mr. Peter Jhaveri has been recruited to BillerudKorsnäs to succeed Ulf Eliasson as Senior Vice President Consumer Board. Mr. Jhaveri has long experience
Westinghouse’s WeLink™ Business Accelerator to Advance Nuclear Innovation
October 27, 2016
BRUSSELS--(BUSINESS WIRE)--Westinghouse Electric Company announced today that it has created a new way for innovators to advance nuclear energy technology through collaboration with Westinghouse and its global network of leading technical experts. The initiative, named WeLink, will provide funding support, office space and technical tools for
EMCOR Group, Inc. Reports Third Quarter Results
October 27, 2016
NORWALK, Conn.--(BUSINESS WIRE)--EMCOR Group, Inc. (NYSE:EME) today reported results for the third quarter ended September 30, 2016. For the third quarter of 2016, net income from continuing operations attributable to EMCOR was $51.9 million, or $0.85 per diluted share, compared to $41.8 million, or $0.66 per diluted share, in the third
Sealed Air Reports Third Quarter 2016 Results
October 27, 2016
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sealed Air Corporation (NYSE:SEE) today announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow generation as a result of our operating
ECI Technology Wins Multi-Million Dollar Order from Major OSAT
October 27, 2016
NEW YORK--(BUSINESS WIRE)--ECI Technology, Inc. announced it has received a multi-million dollar order from a major OSAT in Taiwan for Quali-Fill® Chemical Management Systems. ECI’s Quali-Fill systems provide fully automated online chemical metrology and smart dosing capabilities for manufacturing of advanced Wafer Level Packaging (WLP).
H&E Equipment Services Reports Third Quarter 2016 Results
October 27, 2016
BATON ROUGE, La.--(BUSINESS WIRE)--H&E Equipment Services, Inc. (NASDAQ: HEES) today announced results for the third quarter ended September 30, 2016. THIRD QUARTER 2016 SUMMARY Revenues decreased 11.6% to $244.7 million versus $276.9 million a year ago. Net income was $11.7 million in the third quarter compared to net income of $14.8 million a
Ford Delivers Third Quarter $1.0B Net Income; $1.4B Adjusted Pre-Tax Profit
October 27, 2016
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company (NYSE: F) today reported its 2016 third quarter financial results. Click here or visit media.ford.com to view the news release and visit http://www.shareholder.ford.com to view the slide presentation and access the webcast to Ford’s earnings call, which begins at 9 a.m. EDT with Mark
Superior Industries Reports Third Quarter 2016 Financial Results
October 27, 2016
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Superior Industries International, Inc. (NYSE:SUP), the largest manufacturer of aluminum wheels for light vehicles in North America, today reported financial results for the third quarter ended September 25th, 2016. Don Stebbins, President and Chief Executive Officer, commented, “We are encouraged by
Domtar Corporation Reports Preliminary Third Quarter 2016 Financial Results
October 27, 2016
FORT MILL, S.C.--(BUSINESS WIRE)--Domtar Corporation (NYSE: UFS) (TSX: UFS) today reported net earnings of $59 million ($0.94 per share) for the third quarter of 2016 compared to net earnings of $18 million ($0.29 per share) for the second quarter of 2016 and net earnings of $11 million ($0.17 per share) for the third quarter of
Up To Date Laundry, Inc. Announces New Healthcare Laundry Facility
October 27, 2016
BALTIMORE--(BUSINESS WIRE)--Today, Up To Date Laundry, Inc. announces plans to build an additional healthcare laundry processing facility in East Baltimore at Hollander Business Park with an anticipated grand opening of July 2017. Up To Date Laundry launched its business in Baltimore in 1946 servicing ships arriving at the Baltimore Harbor from New
Optimal+ CTO Discusses Big Data Analytics’ Ability to Significantly Lower DPPM for the Automotive
October 27, 2016
BARCELONA, Spain--(BUSINESS WIRE)--Optimal+ CTO Michael Schuldenfrei will provide insight on how big data product analytics can significantly improve quality by reducing the defective parts per million (DPPM) rate for automotive electronics at the second annual IoT Solutions World Congress on Thursday, October 27 from 5:45-6:30 pm in room 3. In
Anixter to Present at Upcoming Conferences
October 27, 2016
GLENVIEW, Ill.--(BUSINESS WIRE)--Anixter International Inc. (NYSE: AXE) today announced that Bob Eck, President and CEO, and Ted Dosch, Executive Vice President – Finance and Chief Financial Officer of Anixter, will participate in the following upcoming investor conferences: On Wednesday, November 9, 2016, at 8:30 AM CT, Mr. Eck will present
Allegion Reports Third-Quarter 2016 Financial Results
October 27, 2016
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global provider of security products and solutions, today reported third-quarter 2016 net revenues of $581.1 million and net earnings of $1.6 million, or $0.02 per share from continuing operations. Excluding charges related to impairment, restructuring and acquisitions, adjusted net
Dow Reports Third Quarter Results
October 27, 2016
MIDLAND, Mich.--(BUSINESS WIRE)--The Dow Chemical Company (NYSE: DOW): Third Quarter 2016 Highlights Dow reported earnings per share of $0.63, or operating earnings per share of $0.91(1). This compares with earnings per share of $1.09 in the year-ago period, or operating earnings per share of $0.82. Certain Items in the quarter primarily reflected
Axalta Releases Third Quarter 2016 Results
October 27, 2016
PHILADELPHIA--(BUSINESS WIRE)--Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the third quarter ended September 30, 2016. “Third quarter results demonstrated strong top line and Adjusted EBITDA performance thanks to ongoing base business development,
Bemis Company Reports Third Quarter Results
October 27, 2016
NEENAH, Wisc.--(BUSINESS WIRE)--Bemis Company, Inc. (NYSE:BMS) today reported third quarter 2016 diluted earnings per share from continuing operations of $0.72. Excluding the effect of restructuring and acquisition-related costs detailed in the attached schedule, “Reconciliation of Non-GAAP Earnings Per Share,” adjusted diluted earnings
Proto Labs Reports Financial Results for the Third Quarter 2016
October 27, 2016
MAPLE PLAIN, Minn.--(BUSINESS WIRE)--Proto Labs, Inc. (NYSE:PRLB), a leading online and technology-enabled, quick-turn, on-demand manufacturer, today announced financial results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights include: Revenue for the third quarter of 2016 was $78.2 million, 15 percent above revenue of
L-3 Announces Third Quarter 2016 Results
October 27, 2016
NEW YORK--(BUSINESS WIRE)--L-3 Communications Holdings, Inc. (NYSE:LLL) today reported diluted EPS from continuing operations of $1.88 for the quarter ended September 23, 2016 (2016 third quarter) compared to diluted EPS from continuing operations for the quarter ended September 25, 2015 (2015 third quarter) of $1.54 and adjusted diluted EPS(1)
Praxair Declares Dividend in Fourth Quarter 2016
October 27, 2016
DANBURY, Conn.--(BUSINESS WIRE)--The board of directors of Praxair, Inc. (NYSE:PX) has declared a quarterly dividend of 75.0 cents per share, unchanged from the previous quarter. The dividend is payable on December 15, 2016 to shareholders of record on December 7, 2016. The ex-dividend date is December 5, 2016. About Praxair Praxair, Inc., a
Taiwan Machine Tool Show - Committed to Industry - Activating Intelligent Manufacturing?Heading
October 27, 2016
TAICHUNG, Taiwan--(BUSINESS WIRE)--2016 Taiwan International Machine Tool Show is themed of “Activating Intelligent Manufacturing．Heading towards Industry 4.0” which is consistent with the world trend as a highlight at the exhibition this year. Organized by Taiwan Machine Tool & Accessory Builders’ Association, TMTS
Vattenfall’s Interim Report January–September 2016: Cost Focus and Improved Underlying Operating
October 27, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Vattenfall today reported an underlying operating profit of SEK 14.6 billion for the first nine months of the year. Profit after tax for the period was weighed down heavily by impairment losses recognized during the second quarter. CEO’s comments: “The third quarter marked an important
ABB names Timo Ihamuotila as new Chief Financial Officer
October 27, 2016
ZURICH--(BUSINESS WIRE)--Regulatory News: Timo Ihamuotila joins pioneering technology leader ABB as Chief Financial Officer from Nokia, effective April 1, 2017 Proven Chief Financial Officer with extensive experience in communications, software and services industries, active portfolio management and operational performance improvement Deep
ABB: Continued Margin Growth in Tough Markets
October 27, 2016
ZURICH--(BUSINESS WIRE)--Regulatory News: ABB (STO:ABB): • Operational EBITA margin1 increased to 12.6% • White Collar Productivity on track towards $1.3 bn savings; expected total costs reduced by $100 mn • Net Income $568 million; basic earnings per share up 2% • Base orders -6%2; total orders -13%; reflect Q3
Technip’s Third Quarter 2016 Results: Strong Group Profitability at c.10%, 2016 Objectives
October 27, 2016
PARIS--(BUSINESS WIRE)--Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY): THIRD QUARTER 2016: STRONG FINANCIALS Net Income up 12.4% versus 3Q 15 to €184 million Adjusted Operating Margin1at c.10%, up 0.4% versus 3Q 15 Adjusted net cash resilient at €1.8 billion Order intake at €1.5 billion in line with recent
HEXPOL: Interim report January-September 2016
October 27, 2016
STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News: Third quarter 2016 – Positive volume development and continued strong result · Sales amounted to 2,742 MSEK (2,772). · Operating profit amounted to 475 MSEK (505). · Operating margin amounted to 17.3 per cent (18.2). · Profit after tax amounted to 339 MSEK
GE Enhances Tender Offer for Arcam AB
October 27, 2016
BOSTON--(BUSINESS WIRE)--GE (NYSE: GE) today announced that it has changed the terms of its tender offer for all of the outstanding shares of Arcam AB of Sweden, and has extended the acceptance period through 5 p.m. CET on November 10. GE has increased the offer price for each Arcam share to 300 SEK. GE will not further increase the price of the
GE Reaches Agreement to Acquire a 75% Stake in Concept Laser GmbH of Germany
October 27, 2016
BOSTON & LICHTENFELS, Germany--(BUSINESS WIRE)--GE (NYSE: GE), the world’s leading digital industrial company, has reached an agreement to acquire a 75% stake in Concept Laser GmbH for $599 million (€549 million). The agreement allows for GE to take full ownership in a number of years. Privately-held Concept Laser has more than 200
Cimpress Reports First Quarter Fiscal Year 2017 Financial Results
October 27, 2016
VENLO, the Netherlands--(BUSINESS WIRE)--Cimpress N.V. (Nasdaq: CMPR), the world leader in mass customization, today announced financial results for the three month period ended September 30, 2016, the first quarter of its 2017 fiscal year. "Fiscal year 2017 is off to a solid start and we are executing well against our plans to invest in a broad
Encore Wire Reports Third Quarter Results
October 27, 2016
MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced results for the third quarter of 2016 and the nine months ended September 30, 2016. Net sales for the third quarter ended September 30, 2016 were $237.2 million compared to $262.8 million during the third quarter of 2015. Copper unit
Equipment Leasing and Finance Association's Survey of Economic Activity: Monthly Leasing and Finance
October 27, 2016
WASHINGTON--(BUSINESS WIRE)--The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for September was $9.4 billion, up 12 percent
Allegion to Present at 2016 Baird Global Industrial Conference
October 27, 2016
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE) Chairman, President and CEO David D. Petratis will discuss the company’s long-term strategy at the 2016 Baird Global Industrial Conference on Wednesday, Nov. 9. The conference will be held at the Four Seasons Hotel in Chicago. The live webcast will be accessible via Allegion’s investor
Mitsubishi Electric to Launch over 200 FA Devices Compatible with CC-Link IE Field Network Basic
October 27, 2016
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it would sequentially release more than 200 factory automation (FA) devices for the company’s CC-Link IE Field Network products beginning October 31. The devices, including programmable controllers, servo amplifiers, human-machine interfaces (HMIs) and
ABB: Continued Margin Growth in Tough Markets
October 27, 2016
ZURICH--(BUSINESS WIRE)--“We delivered the eighth consecutive quarter of margin accretion through our continued focus on execution,” said CEO Ulrich Spiesshofer. “In the third quarter, we experienced significant macro uncertainties around Brexit and the US elections as reflected in the low order pattern. Orders in Power Grids were
Celanese Files Patent Infringement Complaint with U.S. International Trade Commission Seeking
October 27, 2016
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announced it has filed a complaint with the United States International Trade Commission (ITC) in Washington, D.C., seeking an investigation of the unlawful importation into the United States of artificial sweetener Acesulfame
Manufacturing Expansions: Kentucky Continues Reign
October 27, 2016
The  expansions, mergers, and acquisitions in manufacturing over the past 30 days. 
Spineology Announces Palisade™ Pedicular Fixation System Milestone
October 26, 2016
MINNEAPOLIS & ST. PAUL, Minn.--(BUSINESS WIRE)--Spineology Inc., the innovator in anatomy-conserving surgery™, is excited to announce the completion of 100 cases using the new Palisade Pedicular Fixation System. Palisade is one of several recent additions to Spineology’s Anatomy-Conserving Technology (ACT™) product platform.
Nortech Systems to Report Third Quarter Results November 2
October 26, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Nortech Systems Incorporated (NASDAQ: NSYS) announces a conference call to be held at 10:00 a.m. (CDT) on Thursday, November 3, 2016, to discuss the company’s third quarter 2016 results, which will be released after the market closes on November 2. Anyone interested in participating in the conference can access
Curtiss-Wright Reports Third Quarter 2016 Financial Results; Maintains Full-Year EPS And Increases
October 26, 2016
CHARLOTTE, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) reported financial results for the third quarter and nine months ended September 30, 2016. Third Quarter 2016 Highlights Earnings per diluted share of $1.02, exceeding expectations; Free cash flow of $100 million, resulting in free cash flow conversion of 218%, as defined
Fuel Tech Schedules Third Quarter 2016 Financial Results and Conference Call
October 26, 2016
WARRENVILLE, Ill.--(BUSINESS WIRE)--Fuel Tech, Inc. (NASDAQ:FTEK), a world leader in advanced engineering solutions for the optimization of combustion systems and emissions control in utility and industrial applications, today announced that it will issue its financial results for the third quarter ended September 30, 2016 on Tuesday, November 8,