Wednesday, August 21, 2019
All News
Board of Directors Forms Special Committee; Legal Counsel and Financial Advisor Selected
August 3, 2016
FORT VALLEY, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD) (the “Company”), the leading independent designer and manufacturer of school buses, announced that on July 20, 2016, the special committee of its board of directors received a non-binding proposal from American Securities LLC, pursuant to which ASP BB Holdings LLC,
CORRECTING and REPLACING Drone USA, Inc. Announces Appointment of New Chief Strategic Officer
August 3, 2016
CORRECTION…by Drone USA, Inc. NEW YORK--(BUSINESS WIRE)--The end of the first paragraph of the release issued August 1, 2016, should read: ... effective as of July 7, 2016 (instead of: ... effective as of the date of this release). The corrected release reads: DRONE USA, INC. ANNOUNCES APPOINTMENT OF NEW CHIEF STRATEGIC
Materion Corporation Declares Third Quarter Dividend
August 3, 2016
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) announced today that its Board of Directors declared a third quarter 2016 dividend of $0.095 per share of common stock. The dividend is payable on September 2, 2016 to shareholders of record at the close of business on August 19, 2016. The dividend is a reflection of the
Continental Building Products Reports Second Quarter 2016 Results
August 3, 2016
HERNDON, Va.--(BUSINESS WIRE)--Continental Building Products, Inc. (NYSE:CBPX) (the Company), a leading manufacturer of wallboard and gypsum-based products, announced today results for the second quarter ended June 30, 2016. Highlights of Second Quarter 2016 as Compared to Second Quarter 2015 Net sales of $117.1 million rose by 5.5% Net
General Cable Reports Second Quarter 2016 Results
August 3, 2016
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--General Cable Corporation (NYSE: BGC) reported today results for the second quarter ended July 1, 2016. For the quarter, reported diluted earnings per share from continuing operations was $0.68 and reported operating income from continuing operations was $58 million. The Company generated adjusted earnings
The Middleby Corporation Announces New Credit Facility
August 3, 2016
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for commercial foodservice, residential kitchens and food processing today announced the company entered into a new five-year $2.5 billion multi-currency senior revolving credit agreement, with the potential under certain
Nike Focuses Golf Innovation on Footwear and Apparel
August 3, 2016
BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) announced today that it will accelerate innovation in its Golf footwear and apparel business and will partner with more of the world’s best golfers. With this new focus, Nike Golf will transition out of equipment - including clubs, balls and bags. “We’re committed to
Keysight Technologies Announces Changes to Segment Reporting Structure
August 3, 2016
SANTA ROSA, Calif.--(BUSINESS WIRE)--Keysight Technologies, Inc. (NYSE: KEYS) today announced that it has changed the reporting of its segment results to align the company’s reporting segments with the company’s end markets and management reporting structure. Beginning in the third quarter of fiscal year 2016, the company will report
St. Jude Medical Announces Third Quarter Dividend
August 3, 2016
ST. PAUL, Minn.--(BUSINESS WIRE)--St. Jude Medical, Inc. (NYSE:STJ), a global medical device company, today announced that its Board of Directors declared a third quarter dividend of $0.31 per common share of the Company’s stock. This dividend amount is equal to the dividend paid during the first and second quarters of 2016 and brings the
Wireless Telecom Group Announces Second Quarter 2016 Financial Results
August 3, 2016
PARSIPPANY, N.J.--(BUSINESS WIRE)--Wireless Telecom Group, Inc. (NYSE MKT:WTT) announced today results for the second quarter ended June 30, 2016. Highlights: $7.6 million in revenue for the quarter, a sequential increase of 20% from the first quarter 2016 Gross profit margin of 43.9% in the quarter, a sequential increase of 102 basis points from
EMCOR Group, Inc. Announces New Expanded Credit Agreement
August 3, 2016
NORWALK, Conn.--(BUSINESS WIRE)--EMCOR Group, Inc. (NYSE:EME), a Fortune 500® leader in mechanical and electrical construction, industrial energy infrastructure, and facilities services for a diverse range of businesses, today announced that it had entered into a $1.3 billion credit agreement with a syndicate of banks led by Bank of Montreal,
Rayonier Advanced Materials Announces Public Offering of Mandatory Convertible Preferred Stock
August 3, 2016
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (the “Company”) (NYSE:RYAM) today announced the commencement of an underwritten public offering (the “Offering”) of 1,250,000 shares of the Company’s Series A Mandatory Convertible Preferred Stock (the “Mandatory Convertible Preferred
USD Partners LP Announces Second Quarter 2016 Results
August 3, 2016
HOUSTON--(BUSINESS WIRE)--USD Partners LP (NYSE: USDP) (the “Partnership”) announced today its operating and financial results for the three and six months ended June 30, 2016. Highlights with respect to the second quarter of 2016 include the following: Generated Net Cash Provided by Operating Activities of $13.4 million, Adjusted
Griffon Corporation Announces $50mm Share Buyback Authorization
August 3, 2016
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Griffon Corporation (NYSE:GFF) (the “Company” or “Griffon”) authorized the repurchase of an additional $50 million of Griffon’s outstanding common stock. Prior to this authorization and after giving effect to the purchase of 64,706 shares for a total of $1.1 million
Griffon Corporation Announces Third Quarter Results
August 3, 2016
NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE: GFF) today reported results for the fiscal third quarter ended June 30, 2016. Net income was $7.6 million, or $0.18 per share, compared to $10.9 million, or $0.23 per share, in the prior year quarter. Excluding restructuring charges and
CF Industries Holdings, Inc. Reports Second Quarter Net Earnings of $47 Million and EBITDA of $329
August 3, 2016
DEERFIELD, Ill.--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF), the global leader in nitrogen fertilizer manufacturing and distribution, today announced results for its second quarter ended June 30, 2016. Second Quarter Highlights Net earnings of $47 million, or $0.20 per diluted share; adjusted net earnings(1) of $77 million, or
Westlake Announces Pricing of $750,000,000 of Senior Notes Due 2026 and $700,000,000 of Senior Notes
August 3, 2016
HOUSTON--(BUSINESS WIRE)--Westlake Chemical Corporation (NYSE:WLK) (“Westlake” or the “Company”) today announced that it has priced its previously announced offering of $750,000,000 aggregate principal amount of senior unsecured notes due 2026 (the “2026 Notes”) and $700,000,000 aggregate principal amount of
Ecolab Schedules Webcast of Industry Conference for August 11, 2016
August 3, 2016
ST. PAUL, Minn.--(BUSINESS WIRE)--Ecolab Inc. Chief Financial Officer Daniel J. Schmechel will address financial analysts at the Canaccord Genuity Annual Growth Conference on Thursday, August 11 in Boston. Ecolab will host a live webcast of Mr. Schmechel’s presentation. Details for the webcast are as follows: TIME:     8:30 a.m.
Kadant Reports 2016 Second Quarter Results
August 3, 2016
WESTFORD, Mass.--(BUSINESS WIRE)--Kadant Inc. (NYSE:KAI) reported its financial results for the second quarter ended July 2, 2016. Second Quarter 2016 Financial Highlights GAAP diluted earnings per share (EPS) declined 1% to $0.75 in the second quarter of 2016 compared to $0.76 in the second quarter of 2015. The second quarter of 2016 included a
Terra Nitrogen Company, L.P. Reports Second Quarter 2016 Results
August 3, 2016
DEERFIELD, Ill.--(BUSINESS WIRE)--Terra Nitrogen Company, L.P. (TNCLP) (NYSE: TNH) today reported net earnings of $98.7 million on net sales of $126.7 million for the quarter ended June 30, 2016. This compares to net earnings of $99.3 million on net sales of $153.6 million for the 2015 second quarter. Net earnings allocable
Ingevity Reports Second Quarter 2016 Financial Results
August 3, 2016
NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE:NGVT) today reported second quarter net sales of $248.7 million and net income of $25.8 million, both down 5 percent versus the prior year’s second quarter when the business operated as the specialty chemicals division of MeadWestvaco Corporation, now WestRock Company. Second
Nortech Systems Reports Second Quarter Results
August 3, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Nortech Systems Incorporated (NASDAQ: NSYS) today reported net sales of $28.9 million for the second quarter ended June 30, 2016, an eight percent increase over net sales of $26.8 million for the second quarter of 2015. For the six months ended June 30, 2016, Nortech Systems’ net sales increased nine percent to
CVD Equipment to Announce Q2 2016 Results
August 3, 2016
CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), a leading provider of standard and custom chemical vapor deposition systems, announced today that it will release its second quarter 2016 financial results after markets close on Thursday, August 11, 2016. CVD Management will hold a conference call to discuss its results
Product Innovation to Create Opportunities for the Winter Wear Market in Europe Through 2020,
August 3, 2016
LONDON--(BUSINESS WIRE)--Technavio analysts forecast the winter wear market in Europe to grow at a CAGR of close to 2% during the forecast period, according to their latest report. The research study covers the present scenario and growth prospects of the global winter wear market in Europe for 2016-2020. The report segments the market by product
ADM Directors Declare Cash Dividend
August 3, 2016
CHICAGO--(BUSINESS WIRE)--Archer Daniels Midland Company’s (NYSE: ADM) Board of Directors has declared a cash dividend of 30 cents per share on the company’s common stock payable on Sept. 7, 2016, to shareholders of record on Aug. 17, 2016. This is ADM’s 339th consecutive quarterly payment, a record of 84 years of uninterrupted
Smithers Viscient Study Points to Shorter Full Life-Cycle Testing
August 3, 2016
WAREHAM, Mass.--(BUSINESS WIRE)--Smithers Viscient, a global contract research organization (CRO), has announced new findings regarding the duration of fish full life-cycle testing. The testing protocol, designed to assess the toxicity of a given chemical over the full life-cycle of fish, historically requires an average exposure of 260 days (or
Tredegar Board Declares Dividend
August 3, 2016
RICHMOND, Va.--(BUSINESS WIRE)--The board of directors of Tredegar Corporation (NYSE:TG) declared a quarterly dividend of eleven cents ($0.11) per share on the company’s common stock. The dividend is payable on October 1, 2016 to shareholders of record at the close of business on September 16, 2016. Tredegar Corporation is a manufacturer of
Enviva Partners, LP Increases Distribution Over Previous Quarter
August 3, 2016
BETHESDA, Md.--(BUSINESS WIRE)--Enviva Partners, LP (NYSE: EVA) (the “Partnership” or “we”) announced today that the board of directors of its general partner declared a quarterly distribution of $0.5250 per common and subordinated unit for the second quarter of 2016, representing a $0.015, or 2.9 percent, increase from the
Kleinfelder Names George J. Pierson CEO
August 3, 2016
SAN DIEGO--(BUSINESS WIRE)--The Kleinfelder Group announced today that George J. Pierson has been named President and Chief Executive Officer of the firm, effective September 6, 2016. “We are excited to have George join the Kleinfelder team,” said Rodger Johnson, Chair of Kleinfelder’s Board of Directors. “George brings
Honda Canada Reports July Sales
August 3, 2016
MARKHAM, Ontario--(BUSINESS WIRE)--Honda Canada today reported a decrease of 4% in July, on sales of 16,869 units by the Honda and Acura divisions combined. The Honda Automobile Division reported July sales of 15,214 units, down 3% versus last year. The Acura Division reported July sales of 1,655 units, down 13% versus last year. "July Civic sales
PPG Named Raw Materials Quality Supplier of Year by FCA US LLC
August 3, 2016
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) was recently named body raw materials quality supplier of the year for 2015 by FCA US LLC during the sixth annual Qualitas awards ceremony in Detroit. The awards recognize top-performing suppliers that have shown extraordinary commitment to quality, innovation, continuous improvement and the
ON Semiconductor Joins Automotive Equipment Supplier Association That Champions Business Interests
August 3, 2016
PHOENIX--(BUSINESS WIRE)--ON Semiconductor (Nasdaq: ON), driving energy efficiency innovations, today announced that it is joining the Original Equipment Suppliers Association (OESA), which champions the business interests of more than 430 member automotive suppliers. All members also belong to the parent Motor and Equipment Manufacturers
L-3 Awarded U.S. Air Force Warfighter Readiness & Training Program Contract
August 3, 2016
NEW YORK--(BUSINESS WIRE)--L-3 Communications (NYSE:LLL) announced today that its Electronic Systems group was awarded a seven-year contract to provide training solutions in support of the U.S. Air Force’s Warfighter Readiness & Training program following a recompetition process. L-3 initially won the Warfighter program in 1997 and will
Griffon Corporation Declares Quarterly Dividend
August 3, 2016
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Griffon Corporation (NYSE:GFF) (the “Company” or “Griffon”) declared a regular quarterly cash dividend of $0.05 per share. The dividend is payable on September 22, 2016 to shareholders of record as of the close of business on August 25, 2016. About Griffon
Rheintex Verwaltungs AG: shareholder group holding more than a 25% stake in Softship AG
August 3, 2016
COLOGNE--(BUSINESS WIRE)--Karl-Walter Freitag confirms the representation of a shareholder group holding more than a 25% stake in Softship AG (ISIN DE005758304) and comments on the latest DGAP-News from WiseTech Global (ISIN AU000000WTC3). The announcement of WiseTech Global Limited ("WiseTech") disseminated via DGAP-News as of 1 August 2016, for
Mouser Electronics Appoints New Vice President to Run Japan Operation
August 3, 2016
TOKYO--(BUSINESS WIRE)--Mouser Electronics, Inc., the global authorized distributor with the newest semiconductors and electronic components, today announced the appointment of Sam Katsuta as Vice President of Mouser Electronics-Japan. “Japan is a key global market as well as one of the world’s leading markets for electronic design, and
New Context Partners with Sysdig to Increase Container Measurement, Visibility and Security
August 3, 2016
SAN FRANCISCO--(BUSINESS WIRE)--New Context, a product development company using Lean Security methodologies to bolster critical infrastructure, today announced its partnership with Sysdig, the container-native visibility company. New Context will immediately help to accelerate Sysdig’s foothold in the enterprise containerization and
Limbach Holdings Common Shares Begin Trading Under Ticker “LMBH”
August 3, 2016
PITTSBURGH--(BUSINESS WIRE)--Limbach Holdings, Inc. (OTCQB:LMBH, LMBHW) (“Limbach”) today announced that trading has commenced under the Company’s new ticker “LMBH” as of the market open on Wednesday August 3, 2016. About Limbach Founded in 1901, Limbach is the 12th largest mechanical systems solutions firm in the
Domtar Declares Regular Quarterly Dividend
August 3, 2016
FORT MILL, S.C.--(BUSINESS WIRE)--Domtar Corporation today announced that its Board of Directors has declared a quarterly dividend on its common stock (NYSE: UFS) (TSX: UFS). The dividend of US$0.415 per share is payable on October 17, 2016 to stockholders of record on October 3, 2016. About Domtar Domtar is a leading provider of a wide variety of
Cisco and NI Collaborate to Introduce Early Access Technology Platform for Time Sensitive Networking
August 3, 2016
AUSTIN, Texas--(BUSINESS WIRE)--NIWeek – NI (Nasdaq: NATI), the provider of platform-based systems that enable engineers and scientists to solve the world’s greatest engineering challenges, announced today an early access technology platform for Time Sensitive Networking (TSN) as part of its continued commitment to support the
JENSEN HUGHES Acquires CASE Forensics Corporation
August 3, 2016
BALTIMORE--(BUSINESS WIRE)--JENSEN HUGHES (the “Company”), the global market leader in fire protection engineering, fire code consulting and related life safety services, announced that it has completed the acquisition of CASE Forensics Corporation (“CASE”). CASE, headquartered in Seattle with nine offices throughout the
Keysight Technologies to Host Webcast of Third Quarter Fiscal Year 2016 Earnings Conference Call
August 3, 2016
SANTA ROSA, Calif.--(BUSINESS WIRE)--Keysight Technologies, Inc. (NYSE: KEYS) will release third quarter fiscal 2016 earnings after the stock market closes on Aug. 17. The company will host a live webcast of its investor conference call in listen-only mode. Listeners may log on to the call under the “Upcoming Events” section and
NI Announces World’s First Application Framework for Massive MIMO to Speed Innovation in 5G
August 3, 2016
AUSTIN, Texas--(BUSINESS WIRE)--NIWeek - NI (Nasdaq: NATI), the provider of platform-based systems that enable engineers and scientists to solve the world’s greatest engineering challenges, today announced the world’s first MIMO Application Framework. When paired with NI software defined radio hardware, this software reference design
Young South Americans Embrace JAC Autos, As Car Maker’s Sales Soar
August 3, 2016
BEIJING--(BUSINESS WIRE)--The first half-year has passed, and Chinese automakers have already unveiled their sales performance. Among which Chinese automaker JAC (Shanghai Stock Exchange: 600418) has continued its dominance of the burgeoning South American auto market with a focus on young, tech-savvy, and style-conscious drivers. The release of
Seabury Group Recognized for Excellence in Guiding Aviation Clients Through Challenging Situations
August 3, 2016
NEW YORK--(BUSINESS WIRE)--Seabury Group (“Seabury”), a leading global advisory and professional services firm, announced today that it has received prestigious awards from CIO Outlook, CFI and Wealth & Finance International, lauding the Seabury team’s excellence in delivering diversified and responsive business solutions to
Hunt Valve Reveals True Value of High-Pressure Water Valve Maintenance
August 3, 2016
SALEM, Ohio--(BUSINESS WIRE)--Hunt Valve (www.huntvalve.com), a fluid power engineering company specializing in severe-duty valves and components, has published a new infographic designed to help plant and maintenance engineers understand the importance of preventive maintenance for high-pressure water valves. Download this free resource to learn
B/E Aerospace to Participate in Jefferies Conference in New York on August 10, 2016
August 3, 2016
WELLINGTON, Fla.--(BUSINESS WIRE)--B/E Aerospace, Inc. (the “Company”) (Nasdaq:BEAV), will participate in a question and answer “fireside chat” at the Jefferies 2016 Industrials Conference in New York on Wednesday, August 10, 2016 at 1:20 p.m. Eastern time. A live audio broadcast of the presentation will be available on the
Joshen Paper & Packaging Enhances Operations With S2K
August 3, 2016
RONKONKOMA, N.Y.--(BUSINESS WIRE)--VAI (Vormittag Associates, Inc.), a leading ERP software provider, today announced that Joshen Paper & Packaging, an Ohio-based distributor of packaging and paper supplies, is continuing to enhance operations with VAI’s Suggested Purchasing solution, which helps the company manage overhead and has
Brooks Running Company Doubles Down on Footwear Business with New Talent in Design and Leadership
August 3, 2016
SEATTLE--(BUSINESS WIRE)--Brooks Running Company ratchets up the pace on growing its footwear business with the promotion of Patrick Pons de Vier to Senior Vice President of Global Footwear and the hiring of Gerald Kuhtz as Senior Design Director of Global Footwear. Pons de Vier and Kuhtz will leverage decades of expertise to lead Brooks’
Cintas Announces the Retirement of Chairman Robert J. Kohlhepp
August 3, 2016
CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (NASDAQ: CTAS) today announced that Robert J. Kohlhepp has informed the Company’s Board of Directors of his intention to retire as Chairman effective September 30, 2016. Mr. Kohlhepp has served as Chairman of Cintas’ Board for seven years. He has been a member of the Board since 1979 and