Wednesday, August 22, 2018
All News
Fitch Rates Harsco Corporation's New Credit Facilities 'BB+/RR1'
October 21, 2016
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned an expected rating of 'BB+/RR1' to Harsco Corporation's (Harsco) planned $550 million, seven-year senior secured term loan B facility. Fitch has also affirmed its rating of 'BB+/RR1' on Harsco's senior secured revolver, which is expected to be upsized from $350 million to $400 million with a
Fitch Upgrades Usiminas' IDRs to 'CCC'
October 21, 2016
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has upgraded Usinas Siderurgicas de Minas Gerais S.A.'s (Usiminas) Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to 'CCC' from 'RD' and its National Scale rating to 'CCC(bra)' from 'RD(bra)'. At the same time, Fitch has upgraded Usiminas' senior unsecured notes to 'CCC/RR4' from
Littelfuse Board of Directors Authorizes Regular Quarterly Dividend Payment
October 21, 2016
CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc., (NASDAQ:LFUS) today announced that its board of directors declared a dividend on the company's common stock of $0.33 per share for the fourth quarter of 2016. The dividend will be paid on December 8, 2016 to shareholders of record as of November 23, 2016. About Littelfuse Founded in 1927, Littelfuse is
Revised Time: October 27 Arconic 2016 Investor Event
October 21, 2016
NEW YORK--(BUSINESS WIRE)--Alcoa Inc. (NYSE:AA) previously announced that future company Arconic will host a global investor webcast on October 27. The time for this event has been revised to 8:00 AM. Details are below. Arconic Global Investor Webcast Thursday, October 27 at 8:00 AM EDT Webcast link: www.alcoa.com/arconicinvestorlaunch At the
Quintech Electronics Elevates Executive Team in Europe
October 21, 2016
FRIEDBERG, Germany--(BUSINESS WIRE)--Quintech Electronics & Communications, Inc. (www.quintechelectronics.com) and DEV Systemtechnik are pleased to announce the promotions of Mr. Rainer Lorger and Mr. Oliver Herzberger each to the position of co-Managing Director for DEV Systemtechnik. Together, they will guide the company, with Mr. Lorger
Musco Lighting to Enhance Lighting Efficiency at Vancouver International Airport with
October 21, 2016
RICHMOND, British Columbia--(BUSINESS WIRE)--Vancouver International Airport (YVR) will set itself apart among the top airports in the world with the installation of a new state-of-the-art LED lighting system, designed by industry leader Musco Lighting, to enhance efficiency and streamline operations. YVR is the second busiest airport in Canada,
AmerisourceBergen, More Than 500 Manufacturers Look to the Future of the Pharmaceutical Industry at
October 21, 2016
DALLAS--(BUSINESS WIRE)--AmerisourceBergen today concluded its two-day annual manufacturer summit, ThinkLive 2016, which brought together more than 500 pharmaceutical manufacturers with AmerisourceBergen experts with the goal of driving collaboration and innovation in the delivery of pharmaceutical care. “Patients, providers and
Disney and Destination Imagination Inspire Fans to Think Outside the Toy Box in Celebration of
October 21, 2016
PASADENA, Calif.--(BUSINESS WIRE)--Disney is inspiring fans to think outside the toy box and help protect the planet in celebration of Walt Disney Animation Studios’ “Moana,” a film about an adventurous teenager who sails out on a daring mission to save her people in theaters November 23. Destination Imagination, Inc., a nonprofit
Iberdrola Mexico Recognizes Mitsubishi Hitachi Power Systems with Outstanding Equipment Provider
October 21, 2016
LAKE MARY, Fla.--(BUSINESS WIRE)--Iberdrola Mexico presented MHPS Americas an Award for Outstanding Equipment Provider at an event held in Mexico City on Oct. 18. The ceremony was attended by industry executives, managers and key employees of Iberdrola Mexico and more than a hundred guests. The Iberdrola Outstanding Equipment Provider
Rockwell Automation to Report Fiscal 2016 Fourth Quarter Results
October 21, 2016
MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK) is scheduled to report its fiscal 2016 fourth quarter results on Monday, November 7, before the market opens. The release will be posted on the Rockwell Automation website at www.rockwellautomation.com. A conference call to discuss the quarterly results will be held at 8:30 a.m.
Dura Coat to Showcase High Performance Coatings at METALCON in Baltimore
October 21, 2016
GLEN MILLS, Pa.--(BUSINESS WIRE)--Dura Coat Products Inc., an Axalta Coating Systems (NYSE: AXTA) company, will display its line of premium quality, high performance coil, extrusion and tube coatings at METALCON, the premier trade exhibit bringing together professionals in the metal construction sector, held at the Baltimore Convention Center in
Standex Announces First-Quarter 2017 Financial Results and Business Update Conference Call and
October 21, 2016
SALEM, N.H.--(BUSINESS WIRE)--Standex International Corporation (NYSE: SXI) will announce its first-quarter fiscal 2017 financial results on Friday, October 28, 2016 prior to the open of the market and will broadcast its conference call live over the Internet at 10:00 a.m. ET that day. On the call, David Dunbar, President and CEO, and Thomas
OmniTRAX Logistics Services Acquires Assets of Terracor Group
October 21, 2016
DENVER--(BUSINESS WIRE)--OmniTRAX Logistics Services, LLC (OLS), the transloading, terminal and logistics affiliate of OmniTRAX, Inc., has agreed to acquire all assets of Terracor Group, a frac sand logistics company, including three transload facilities with vertical silo storage in Texas and Montana. Included in the transaction is a high quality
Persistence Pays Off as Austin Haywood is Named Grand Champion of the 2016 Delo Tractor Restoration
October 21, 2016
INDIANAPOLIS--(BUSINESS WIRE)--Chevron Products Company, a Chevron U.S.A. Inc. division, maker of the Delo® brand of technologically advanced engine oils, lubricants and coolants, selected Austin Haywood of Hastings FFA in Hastings, MI for its 2016 Delo Tractor Restoration Competition Grand Champion, during the 21st year of the annual
Norsk Titanium and Clarkson University Launch Initiative to Develop Rapid Plasma Deposition™
October 21, 2016
PLATTSBURGH, N.Y.--(BUSINESS WIRE)--Norsk Titanium AS, the world’s pioneering supplier of aerospace-grade, additive manufactured, structural titanium components today announced that its subsidiary, Norsk Titanium US Inc. has signed a Memorandum of Understanding outlining a strategic relationship with Clarkson University in Potsdam, New York.
Westinghouse Honours UK Apprenticeship and Academic Achievers
October 21, 2016
SPRINGFIELDS, England--(BUSINESS WIRE)--Westinghouse Electric Company Springfields held its annual Skills Awards Day to recognise young engineers and employees who have either earned their apprenticeship or achieved academic success in higher education qualifications during the past year. The event took place at the Springfields nuclear licenced
Emerson Announces Management Appointments
October 21, 2016
ST. LOUIS--(BUSINESS WIRE)--Emerson (NYSE: EMR) today announced five senior leadership appointments to its Office of the Chief Executive who now report directly to Chairman and CEO David N. Farr, and help develop and guide the company’s global strategies. “These appointments to the Office of the Chief Executive were made to help drive
IronPlanet Sells Record $99 Million in Gross Merchandising Volume During “September to Remember”
October 21, 2016
PLEASANTON, Calif.--(BUSINESS WIRE)--IronPlanet®, a leading online marketplace for selling and buying used equipment and other durable assets, today announced record-breaking results from its month-long September to remember auction events. Combining both online and on-site auctions, the company sold 9,890 items for more than $99 million in GMV
BizWireTV Video News: The Future of Voting Might Involve a Selfie and The Taylor Swift Experience is
October 21, 2016
NEW YORK--(BUSINESS WIRE)--On the latest BizWireTV, new technology from Smartmatic is giving us a glimpse of what voting might be like in the future: online and verified with a selfie. Now you can watch BizWireTV, and the latest breakthroughs in tech from the biggest brands on any screen you want by downloading the new app through the Apple TV and
Paroc Ltd: Paroc Named Global Insulation Company of the Year 2016
October 21, 2016
HELSINKI--(BUSINESS WIRE)--The energy-efficient insulations manufacturer Paroc Group has been named the Global Insulation Company of the Year 2016 at the 11th Global Insulation Conference – the most important annual event for the insulation industry. Paroc has won the prestigious title for the second time, repeating its success in the 2012
Arcam: Interim report January – September 2016
October 21, 2016
MÖLNDAL, Sweden--(BUSINESS WIRE)--Regulatory News: Arcam: (STO:ARCM) Hesitant market · Net sales increased by 10 % to 440.2 (400.1) MSEK · Operating income amounted to -0.7 (36.2) MSEK · Net income amounted to 6.7 (21.6) MSEK · Earnings per share amounted to 0.32 (1.11) SEK · 35 (34) systems were delivered in
Trinseo Introduces STYRON X-TECH™ 2175 Polystyrene Resin for Appliance Applications
October 21, 2016
BERWYN, Pa.--(BUSINESS WIRE)--Trinseo (NYSE:TSE), the global materials company and manufacturer of plastics, latex binders and synthetic rubber, announced the launch of its new STYRON X-TECH™ 2175 Polystyrene resin – changing the industry with advanced down-gauging in freezers and refrigerators. The environmental stress crack resistance
Volvo Divests Properties in Gothenburg
October 21, 2016
GÖTEBORG, Sweden--(BUSINESS WIRE)--The Volvo Group (STO:VOLVA)(STO:VOLVB) has signed an agreement with the real estate company Platzer Fastigheter Holding AB regarding the sale of properties in the areas of Arendal, Torslanda and Säve in Gothenburg, Sweden. The sales price amounts to SEK 2.7 bn on a debt free basis and the divestment
Stable Progress for ASSA ABLOY During the Quarter
October 21, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: ASSA ABLOY (STO:ASSAB) Third quarter · Sales totaled SEK 18,025 M (17,465), with 2% (3) organic growth and 2% (4) acquired growth · Strong growth for Global Technologies and Americas · Good growth for Entrance Systems and growth for EMEA · Negative growth for Asia Pacific
BillerudKorsnäs: Firm Performance in Line with Plans
October 21, 2016
SOLNA, Sweden--(BUSINESS WIRE)--Regulatory News: BillerudKorsnäs (STO:BILL): CEO Per Lindberg comments on the development during Q3 2016: ”Once again we show a stable performance and I am happy to see that we deliver results as expected. Our production has stabilized and we have been producing in line with planned levels. The one issue
BillerudKorsnäs: Interim Report January–September 2016
October 21, 2016
SOLNA, Sweden--(BUSINESS WIRE)--Regulatory News: BillerudKorsnäs (STO:BILL): KEY HIGHLIGHTS Net sales are lower than the same period previous year. The decrease is due to the divestment of Latgran in the third quarter 2015. Adjusted EBITDA is on the same level compared to the same quarter previous year. Sales volumes are on the same level as
Volvo Group – The Third Quarter 2016
October 21, 2016
GÖTEBORG, Sweden--(BUSINESS WIRE)--Regulatory News: Volvo (STO:VOLVA)(STO:VOLVB): “In the third quarter, profitability improved slightly as better underlying performance offset the impact from lower volumes. Sales decreased by 6% to SEK 69 billion. The adjusted operating income amounted to SEK 4.8 billion, corresponding to an operating
GE update on SLM Tender Offer
October 21, 2016
EVENDALE, Ohio--(BUSINESS WIRE)--GE announced today that it will not extend or change the terms of the tender offer for the outstanding shares of SLM Solutions. The acceptance period expires on Monday, October 24. GE has offered 38 € per share, which is a 38% premium over the SLM stock price as of September 5, the day before GE made its public
Enviva Partners, LP Announces Pricing of $300 Million Offering of Senior Notes
October 20, 2016
BETHESDA, Md.--(BUSINESS WIRE)--Enviva Partners, LP (NYSE: EVA) (the “Partnership” or “we”) announced today the pricing of its private placement to eligible purchasers of $300 million in aggregate principal amount of 8.500% senior unsecured notes due 2021 at par. The offering is expected to close on November 1, 2016, subject
Carter’s, Inc. to Report Third Quarter Fiscal 2016 Results on Thursday, October 27, 2016
October 20, 2016
ATLANTA--(BUSINESS WIRE)--Carter’s, Inc. (NYSE:CRI), the largest branded marketer in the United States and Canada of apparel exclusively for babies and young children, will report its third quarter fiscal 2016 results before the market opens on Thursday, October 27, 2016. The Company will hold a conference call with investors to discuss these
Sensient Technologies Corporation Reports Results for the Quarter Ended September 30, 2016
October 20, 2016
MILWAUKEE--(BUSINESS WIRE)--Sensient Technologies Corporation (NYSE: SXT) reported diluted earnings per share from continuing operations of 79 cents in this year’s third quarter compared to 61 cents in last year’s third quarter. Revenue was $349.7 million in this year’s third quarter, an increase of 1.5% compared to $344.5 million
Encore Wire Corporation Earnings Release and Conference Call Announcement
October 20, 2016
MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire (NASDAQ: WIRE) will release quarterly earnings Wednesday, October 26th, after stock market close. A conference call will be held to discuss Quarterly results followed by a Q&A session: Date:       Thursday, October 27th, 2016   Time: 11:00 a.m. Eastern 10:00 a.m. Central 9:00
Ralph Lauren Second Quarter Fiscal Year 2017 Results to be Released Thursday, November 10, 2016
October 20, 2016
NEW YORK--(BUSINESS WIRE)--Ralph Lauren Corporation (NYSE: RL) will release its Second Quarter Fiscal Year 2017 results for the period ended October 1, 2016 at approximately 8:00 A.M. Eastern, Thursday, November 10, 2016. At 9:00 A.M. Eastern, on the same day, the Company will host a conference call for analysts, investors and other interested
Rocky Brands, Inc. Announces New Military Contract
October 20, 2016
NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (NASDAQ:RCKY) today announced it has received an order to produce “Hot Weather” combat boots for the U.S. Military. The contract is for one year and includes four additional one year options. Under the terms of the agreement, the maximum amount of boots shipped per year cannot
General Cable Declares Dividend
October 20, 2016
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--General Cable Corporation (NYSE: BGC) announced today that its Board of Directors declared a quarterly dividend of $0.18 per share on all outstanding common shares. The dividend is payable on December 30, 2016, to all common shareholders of record at the close of business on December 9, 2016. General Cable
AptarGroup Announces New $350 Million Share Repurchase Authorization and Raises Quarterly Dividend
October 20, 2016
CRYSTAL LAKE, Ill.--(BUSINESS WIRE)--The Board of Directors of AptarGroup, Inc. (NYSE: ATR) today authorized the repurchase of up to $350 million of the Company’s common stock. This new authorization replaces all previous authorizations. AptarGroup may repurchase shares through the open market, privately negotiated transactions or other
Clearwater Paper Reports Third Quarter 2016 Results
October 20, 2016
SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE:CLW) today reported financial results for the third quarter of 2016. The company reported net sales of $435.3 million for the third quarter of 2016, down 1.6% compared to net sales of $442.2 million for the third quarter of 2015. Net earnings determined in accordance with generally
RR Donnelley to Announce Third-Quarter 2016 Results on November 2, 2016 and Host a Conference Call
October 20, 2016
CHICAGO--(BUSINESS WIRE)--R.R. Donnelley & Sons Company (NYSE:RRD) (the “Company”) announced today that it will report third-quarter 2016 results in the following manner: After the close of business on Wednesday, November 2, 2016, the Company will file with the SEC its required third quarter 2016 Form 10-Q for the period ended
ITT to Release 2016 Third-Quarter Results on Nov. 4
October 20, 2016
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ITT Inc. (NYSE:ITT) will release its third-quarter 2016 financial results at 6:45 a.m. ET, on Friday Nov. 4, 2016. At 9 a.m. ET, senior management will review financial and operating results, comment on current conditions and answer questions during an investor briefing. The briefing can be accessed live by
Immersion to Report Third Quarter 2016 Results and Host Quarterly Conference Call on November 3,
October 20, 2016
SAN JOSE, Calif.--(BUSINESS WIRE)--Immersion Corporation (NASDAQ: IMMR), the leading developer and licensor of touch feedback technology, today announced that it will report financial results for the third quarter 2016 on Thursday, November 3, 2016 after market close. The company will host a corresponding conference call for analysts and investors
Sensient Declares Dividend
October 20, 2016
MILWAUKEE--(BUSINESS WIRE)--The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend on its common stock of $0.30 per share, an increase of 11% per share. The cash dividend will be paid on December 1, 2016, to shareholders of record on November 7, 2016. “We want our shareholders to
Bemis CEO William F. Austen Honored by George Washington University
October 20, 2016
NEENAH, Wis.--(BUSINESS WIRE)--William F. Austen, President and Chief Executive Officer of Bemis Company, Inc. (NYSE: BMS), was inducted into the George Washington University Engineering Hall of Fame on October 13, 2016. The George Washington University Engineering Hall of Fame was established in 2006 to recognize and honor distinguished School of
DXP Enterprises Announces Public Offering of Common Stock
October 20, 2016
HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced the commencement of a primary public offering of 2,700,000 shares of its common stock. In connection with the offering, DXP intends to grant the underwriters a 30-day option to purchase an additional 405,000 shares of its common stock. Stephens Inc. is serving as the
Hudson Technologies to Host Conference Call to Discuss Third Quarter 2016 Results
October 20, 2016
PEARL RIVER, N.Y.--(BUSINESS WIRE)--Hudson Technologies, Inc. (NASDAQ:HDSN) will host a conference call and webcast on Wednesday, November 2, 2016 at 5:00 p.m. Eastern Time to discuss the Company’s third quarter results. To access the live webcast, log onto the Hudson Technologies website at www.hudsontech.com, and click on “Investor
Compass Minerals Names New Senior Vice President, Salt
October 20, 2016
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Anthony Sepich will join Compass Minerals (NYSE:CMP) as senior vice president, salt, effective November 30, 2016. Sepich will be responsible for developing and executing strategies that maximize the earnings and operational efficiency of the company’s salt business. “Anthony is a proven leader with
Cooper Tire Teams up with Tire Discounters to Educate Teens and Their Parents at Tire Safety Event
October 20, 2016
FINDLAY, Ohio--(BUSINESS WIRE)--In conjunction with National Teen Driver Safety Week, and as part of its Tread Wisely™ tire and driver safety program, Cooper Tire is teaming up with Tire Discounters to host a free tire safety event Oct. 22 from 11 a.m. to 2 p.m. at Tire Discounters, 4902 Marburg Ave., Cincinnati, Ohio. Cooper volunteers will
Supreme Industries Reports Higher Sales and Earnings for 2016 Third Quarter and Year-to-Date
October 20, 2016
GOSHEN, Ind.--(BUSINESS WIRE)--Supreme Industries, Inc. (NYSE MKT: STS), a leading manufacturer of specialized commercial vehicles including truck bodies and specialty vehicles, today announced improved financial results for its third quarter and nine-months ended September 24, 2016. 2016 Third-Quarter Results Consolidated net sales grew 15.4%, in
PPG Directors Announce Quarterly Dividend of 40 Cents Per Share
October 20, 2016
PITTSBURGH--(BUSINESS WIRE)--The board of directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 40 cents per share, payable Dec. 12 to shareholders of record Nov. 10. This marks the company’s 473rd consecutive dividend payment. PPG has paid uninterrupted annual dividends since 1899. PPG: WE PROTECT AND BEAUTIFY THE
ITT Elects Nicholas C. Fanandakis to its Board of Directors
October 20, 2016
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ITT Inc. (NYSE:ITT) announced today that it has elected Nicholas C. Fanandakis to its Board of Directors. Fanandakis, 59, is the Executive Vice President and Chief Financial Officer of E.I. du Pont de Nemours and Co. (DuPont). Fanandakis formerly served as Group Vice President of DuPont Applied BioSciences and
Reebok Introduces New Liquid Factory
October 20, 2016
CANTON, Mass.--(BUSINESS WIRE)--Today global fitness leader Reebok introduces Liquid Factory – a ground-breaking manufacturing innovation that could fundamentally change the process and speed of footwear creation. Developed by the Reebok Future team, the Liquid Factory process uses state-of-the-art software and robotics to literally draw