Tuesday, December 10, 2019
All News
The Buckle, Inc. Announces the Planned Retirement of Senior Vice President of Women's Merchandising
January 26, 2016
KEARNEY, Neb.--(BUSINESS WIRE)--The Buckle, Inc. (NYSE: BKE) announced today that Patricia K. Whisler, Senior Vice President of Women’s Merchandising, will retire from her position with the Company later this spring. Ms. Whisler joined the Company in February 1976 as a part-time sales person and later became the manager of a Buckle store
Rentech Nitrogen Partners, L.P. Announces Confidential Submission of Draft Registration Statement
January 26, 2016
LOS ANGELES--(BUSINESS WIRE)--Rentech Nitrogen Partners, L.P. (NYSE: RNF) today announced that a wholly owned subsidiary of Rentech Nitrogen has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC) relating to the proposed spin-out of its Pasadena, Texas facility. It is a condition to
Polaris Reports 2015 Fourth Quarter and Full Year Results
January 26, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Polaris Industries Inc. (NYSE:PII) reported net income of $6.75 per diluted share for the year ended December 31, 2015, a two percent increase compared to $6.65 per diluted share for the year ended December 31, 2014. Net income was $455.4 million for the full year 2015, approximately flat to previous year’s net
Rockwell Collins to Acquire Matrix Series Projector Product Lines from Christie Digital Systems
January 26, 2016
CEDAR RAPIDS, Iowa--(BUSINESS WIRE)--Rockwell Collins today announced it has entered into a definitive agreement to acquire the assets of the Matrix series projector product lines from Christie Digital Systems (“Christie®”). The transaction will give military and aviation customers a more comprehensive partner for all their current
Intertek helps companies prepare for 2018 REACH deadline
January 26, 2016
MANCHESTER, England--(BUSINESS WIRE)--Intertek, a leading provider of quality solutions worldwide, offers comprehensive testing and consulting support for the last REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals) registration deadline of 1 June 2018 for all substances manufactured in the European Union (EU) or imported
Concordia Maritime Signs Further Time Charter Contract for P-MAX Tanker
January 26, 2016
GÖTEBORG, Sweden--(BUSINESS WIRE)--Regulatory News: Concordia AB (STO:CCORB) Concordia Maritime has signed a contract to charter out another P-MAX tanker. The contract, which comes into effect at the beginning of February 2016, is for one year with an option for a further year. The contract partner is a UK shipping company. “We are
Beijer Electronics: Nomination Committee Board Proposals for 2016
January 26, 2016
MALMÖ, Sweden--(BUSINESS WIRE)--Regulatory News: Beijer Electronics (STO:BELE) To the Annual General Meeting (AGM) on April 26, 2016, the Nomination Committee of Beijer Electronics AB has informed the company that it will be proposing following: · that the Board of Directors shall consist of six members, without deputies. ·
Purchasers Benefit From Low Commodity Prices, but High Supply Chain Risks to Dominate 2016
January 26, 2016
FRANKFURT, Germany--(BUSINESS WIRE)--Low profitability has undermined commodity producers and brings high risks to the supply chain, according to new analysis released today by IHS Inc. (NYSE:IHS), the leading global source of critical information and insight, at the company’s New Year’s conference. Overall, the IHS Materials Price
Probi: Q4 2015 - 60% Growth and Increased Operating Margin for Full-Year 2015
January 26, 2016
LUND, Sweden--(BUSINESS WIRE)--Regulatory News: Probi (STO:PROB): FOURTH QUARTER OF 2015 · NET SALES amounted to MSEK 35.9 (39.9). · OPERATIG PROFIT totalled MSEK 3.7 (6.6). · PROFIT AFTER TAX amounted to MSEK 2.7 (5.4). · PROFIT AFTER TAX PER SHARE was SEK 0.30 (0.59). · CASH FLOW amounted to MSEK 0.0
THine Has Developed Its 16Gbps Ultra-high-speed Interface Technology
January 26, 2016
TOKYO--(BUSINESS WIRE)--THine Electronics, Inc. (JASDAQ:6769), the global leader in high-speed serial interface and provider of mixed-signal LSI today announced its development of 16Gbps ultra-high-speed interface technology. This 16Gbps technology is the world-first high-speed solution if used for internal-interface of 8K TVs and other
US$1.2 Billion Fresh Equity Injection into Avolon
January 26, 2016
DUBLIN--(BUSINESS WIRE)--Avolon, the international aircraft leasing company, today issues an update for the 2015 fourth quarter (‘Q4’) and full year and announces that Bohai Leasing is investing an incremental US$1.2 billion of equity capital in the business bringing Avolon’s total available liquidity to US$2 billion to
Celanese Announces Ethyl Acetate Price Increase
January 26, 2016
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will increase list and off-list selling prices for Ethyl Acetate. The price increase below is effective February 1, 2016, or as contracts allow. Product     Europe, Middle East Euro/MT         Ethyl Acetate
Packaging Corporation of America Reports Fourth Quarter and Full Year 2015 Results
January 25, 2016
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today reported fourth quarter net income of $104 million, or $1.07 per share. Earnings included net charges for special items, primarily for the Boise integration, of $0.4 million. Excluding special items, fourth quarter 2015 net income was $105 million, or $1.08 per
AptarGroup to Acquire Mega Airless, a Leading Airless Systems Innovator
January 25, 2016
CRYSTAL LAKE, Ill.--(BUSINESS WIRE)--AptarGroup, Inc. (NYSE: ATR) today announced it has signed an agreement to acquire Mega Airless, a leading provider of innovative airless dispensing systems for the beauty, personal care and pharmaceutical markets. This strategic acquisition adds complementary products and market coverage to AptarGroup’s
New Highly Efficient LYTSwitch-5 ICs From Power Integrations Support Multiple LED Driver Topologies
January 25, 2016
SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq:POWI), the leader in high-efficiency, high-reliability LED driver ICs, today announced its LYTSwitch™-5 single-stage LED driver IC family. LYTSwitch-5 devices combine PFC and constant-current output, and support multiple common LED driver topologies. Solid-state lighting
SunCoke Energy Partners, L.P. Board of Directors Declares Distribution of $0.5940 Per Unit
January 25, 2016
LISLE, Ill.--(BUSINESS WIRE)--Today, the SunCoke Energy Partners, L.P. (NYSE: SXCP) Board of Directors declared a fourth quarter 2015 cash distribution of $0.5940 per limited partnership unit, or $2.38 annualized. The fourth quarter 2015 distribution will be payable on March 1, 2016, to unitholders of record on February 15, 2016. The board’s
HARMAN Unveils New North American Automotive Headquarters in Metro Detroit
January 25, 2016
NOVI, Mich.--(BUSINESS WIRE)--HARMAN International Industries, Incorporated (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, today announced the official opening of its new North American Automotive Headquarters. Located in Novi, Michigan, the 188,000 square-foot building with 1,000 employees
Crane Co. Declares First Quarter Dividend
January 25, 2016
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Co., a diversified manufacturer of highly engineered industrial products, today announced its regular quarterly dividend of $0.33 per share for the first quarter of 2016. The dividend is payable on March 10, 2016 to shareholders of record as of the close of business on February 29, 2016. Crane Co. is a
Crane Co. Reports Fourth Quarter Results and Provides 2016 EPS Guidance
January 25, 2016
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Co. (NYSE:CR), a diversified manufacturer of highly engineered industrial products, reported fourth quarter 2015 earnings of $1.11 per diluted share, compared to $0.95 per share in the fourth quarter of 2014. Excluding Special Items in both years, fourth quarter 2015 earnings per diluted share were $1.12,
Medical Technology Enterprise Consortium Announces Industry Day and Membership Meeting
January 25, 2016
SUMMERVILLE, S.C.--(BUSINESS WIRE)--The Medical Technology Enterprise Consortium (MTEC) today announced an Industry Day and Membership Meeting to outline project opportunities and how to participate in them. The Industry Day will take place Tuesday, March 1st at the Hyatt Regency Crystal City in Arlington, Va. MTEC is a newly formed biomedical
CSS Industries, Inc. Declares Increased Quarterly Cash Dividend
January 25, 2016
PHILADELPHIA--(BUSINESS WIRE)--CSS Industries, Inc. (NYSE:CSS) today announced the declaration of a quarterly dividend of twenty cents per share on its outstanding shares of Common Stock. This dividend will be payable on March 15, 2016 to stockholders of record at the close of business on March 1, 2016. This dividend rate reflects an increase from
CSS Industries, Inc. Reports Results of Operations for the Three and Nine Months Ended December 31,
January 25, 2016
PHILADELPHIA--(BUSINESS WIRE)--CSS Industries, Inc. (NYSE:CSS) announced today its results of operations for the three and nine months ended December 31, 2015. Sales for the third quarter of fiscal 2016 decreased 0.4% to $104,568,000 from $104,993,000 in the third quarter of fiscal 2015, as lower sales of craft ribbon, Christmas cards and tags
FreightCar America, Inc. Appoints Matthew S. Kohnke as Chief Financial Officer
January 25, 2016
CHICAGO--(BUSINESS WIRE)--FreightCar America, Inc. (NASDAQ: RAIL) announced that its Board of Directors has appointed Matthew (Matt) S. Kohnke as Vice President, Finance, Chief Financial Officer and Treasurer, effective February 29, 2016. Mr. Kohnke will succeed Charles F. Avery, Jr., who left the Company by mutual consent effective January 22,
Multi Packaging Solutions Hires Chief Accounting Officer
January 25, 2016
NEW YORK--(BUSINESS WIRE)--Multi Packaging Solutions International Limited (NYSE:MPSX), (“MPS”; “the Company”), a global leader in value-added print and packaging solutions for the branded consumer, healthcare, and multi-media markets, today announced that Ross Weiner will join the Company as Vice President - Finance, Chief
Multi Packaging Solutions Appoints Jason Tyler to its Board of Directors
January 25, 2016
NEW YORK--(BUSINESS WIRE)--Multi Packaging Solutions International Limited (NYSE:MPSX), (“MPS”; “the Company”), a global leader in value-added print and packaging solutions for the branded consumer, healthcare, and multi-media markets, today announced that Jason Tyler has been elected to serve on its Board of Directors
Sunny Delight Bottling Plant in Massachusetts Sold to Investor Group
January 25, 2016
LITTLETON, Mass.--(BUSINESS WIRE)--A Joint Venture of Gordon Brothers Group of Boston (www.gordonbrothers.com), New Mill Capital Holdings of New York (www.newmillcapital.com), and Odyssey Real Estate Capital of Las Vegas (www.odysseyrealestatecapital.com) has acquired the former Sunny Delight bottling plant in Littleton, MA. The 332,000 square-foot
Global Warning Labels and Stickers Market Predicted to Surpass USD 10 Billion in Revenue by 2020,
January 25, 2016
LONDON--(BUSINESS WIRE)--Technavio’s latest market research report predicts the global warning labels and stickers market to surpass revenues worth USD 10 billion by 2020, posting a moderate growth rate over the next four years. In this report, Technavio covers the present scenario and growth prospects of the global warning labels and
Rambus Reports Fourth Quarter and Fiscal Year 2015 Financial Results
January 25, 2016
SUNNYVALE, Calif.--(BUSINESS WIRE)--Rambus Inc. (NASDAQ:RMBS) today reported financial results for the fourth quarter and year ended December 31, 2015. GAAP Financial Results: Revenue for the fourth quarter of 2015 was $76.8 million, up 4% on a sequential basis from the third quarter of 2015 primarily due to higher contract and product revenue,
Graco Reports Record Fourth Quarter and Annual Sales and Earnings
January 25, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the quarter and year ended Dec. 25, 2015. Summary $ in millions except per share amounts   Quarter Ended   Year Ended Dec 25, 2015   Dec 26, 2014   % Change Dec 25, 2015   Dec 26, 2014   % Change   Net Sales $ 325.6 $ 306.0
Webcast Alert: Olympic Steel to Announce 2015 Fourth-Quarter Financial Results Before Market Opens
January 25, 2016
CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, invites you to listen to a live webcast of its conference call to discuss 2015 fourth-quarter results.           When: Thursday, Feb. 25, 2016, at 10 a.m. Eastern Time   Hosts: Michael D. Siegal, Chairman & CEO
Arctic Cat Hires Steven L. Nadler as Vice President and General Manager of Parts, Garments and
January 25, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Arctic Cat Inc. (NASDAQ: ACAT) today announced that it hired Steven L. Nadler as vice president and general manager of its parts, garments & accessories business, effective immediately. Nadler reports to Bradley Darling, vice president and general manager of Arctic Cat’s snowmobile division and international
Blue Bird Corporation to Present at STIFEL Transportation & Logistics Conference
January 25, 2016
FORT VALLEY, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today that it will be participating in the STIFEL Transportation & Logistics Investor Conference in Key Biscayne, FL on February 9-10, 2016. John Kwapis, COO, and Jeff
Berkshire Hathaway Acquisition of Precision Castparts to Close on Friday, January 29, 2016
January 25, 2016
OMAHA, Neb. & PORTLAND, Ore.--(BUSINESS WIRE)--Berkshire Hathaway Inc. (“Berkshire”) (NYSE: BRK.A; BRK.B) and Precision Castparts Corp. (“PCC”) (NYSE: PCP) expect Berkshire’s acquisition of PCC to close on Friday, January 29, 2016. The appropriate waiting periods (including extensions thereof) have expired or been
Technavio Announces Top Five Vendors in the Global Roofing Market for 2016-2020
January 25, 2016
LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global roofing market report. This research report also lists 10 other prominent vendors who are expected to gain market share over the forecast period. To identify the top vendors, Technavio’s market research analysts have considered the top players
Baron & Budd Investigating Potential Lawsuits Regarding RoundUp Weed Killer
January 25, 2016
DALLAS--(BUSINESS WIRE)--The national law firm of Baron & Budd is investigating potential legal action against Monsanto Co., the maker of the weed killer RoundUp. The product has been linked to an increased risk of several forms of cancer in farm workers and others who have been exposed to the herbicide. These include follicular lymphoma,
Monomoy Capital Partners Portfolio Company Katun Corporation Completes Successful Recapitalization
January 25, 2016
NEW YORK--(BUSINESS WIRE)--Monomoy Capital Partners, a private equity firm focused on deep value investing and operational improvement in the lower middle market, announced today that its portfolio company, Katun Corporation (“Katun”), completed a successful $52 million recapitalization with HSBC and Comvest Capital. The proceeds of the
SPLENDA® Brand - America’s Favorite Sweetener
January 25, 2016
CARMEL, Ind.--(BUSINESS WIRE)--Earlier this month, the U.S. Department of Agriculture (USDA) and Health and Human Services (HHS) released the 2015 – 2020 Dietary Guidelines for Americans (DGA) and one of the Key Recommendations of the guidelines is to limit added sugars to less than 10 percent of total calories per day. As the DGA
Global Nanofiber Market to Reach Close to USD 1.2 Billion by 2020, According to Technavio
January 25, 2016
LONDON--(BUSINESS WIRE)--The global nanofiber market was valued at USD 455 million in 2014 and is expected to reach nearly USD 1.2 billion by 2020, growing at a CAGR of over 24%. In this report, Technavio covers the present scenario and growth prospects of the global nanofiber market for 2016-2020. Based on technology platforms, the market is
The Extraordinary General Meeting in Bong Resolved on Amendment of Convertible Bond Terms and New
January 25, 2016
KRISTIANSTAD, Sweden--(BUSINESS WIRE)--Regulatory News: At the extraordinary general meeting in Bong AB (publ) (”Bong”) (STO:BONG) on 25 January 2016, in accordance with proposals from the Board, the Meeting resolved to amend the terms and conditions for the convertible bonds issued by the company under series 2013/2018, a reduction of
WoodWorks Announces 2016 Wood Design Award Winners
January 25, 2016
WASHINGTON--(BUSINESS WIRE)--WoodWorks, an initiative of the Wood Products Council, has announced the winners of its 2016 Wood Design Awards. “WoodWorks Wood Design Awards celebrate projects and design teams that showcase the innovative use of wood as both a structural and finish material,” said Jennifer Cover, PE, executive director of
Technavio Predicts Enhanced Demand From Polyurethane Applications to Boost the Demand for Propylene
January 25, 2016
LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, based on the production process and application of propylene oxide, its market size is expected to grow at a CAGR of around 3% until 2020. This research report titled global propylene oxide market 2016-2020 provides an in-depth analysis of the market in terms of
Aviation Capital Group Announces Redemption of its ACG Trust III 2005-2 Asset-Backed Securities
January 25, 2016
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Aviation Capital Group (“ACG”) announced today that it has redeemed in full all classes of its $1.86 billion asset backed securitization issued in 2005. “ACG Trust III is the largest Aircraft ABS issued by the company in its history. We are very pleased to be redeeming all the notes in full
HTS Plans to Focus on DFW Market in 2016
January 25, 2016
DALLAS--(BUSINESS WIRE)--HTS, the largest independent commercial HVAC manufacturers’ representative in North America, plans to focus its investments on expansion in Dallas in 2016. Since 2010, HTS has seen significant success in the Dallas market and aims to move forward by investing 90 percent of 2016 investment funds into its growth in the
Intertek Launches Testing Facility Design Services for the HVACR Industry
January 25, 2016
CHICAGO--(BUSINESS WIRE)--Intertek, a leading provider of quality solutions to industries worldwide, announced the launch of testing facility design services for manufacturers in the HVACR industry. The services aim to assist manufacturers in building or retrofitting rooms, chambers and fixtures to test products on-site for energy efficiency,
B/E Aerospace to Participate in Cowen and Company Conference in New York on February 3, 2016
January 25, 2016
WELLINGTON, Fla.--(BUSINESS WIRE)--B/E Aerospace, Inc. (the “Company”) (Nasdaq:BEAV), will participate in a question and answer “fireside chat” at the Cowen and Company Aerospace/Defense Conference in New York on Wednesday, February 3, 2016 at 2:05 p.m. Eastern time. A live audio broadcast of the presentation will be
Explosion Proof LED Light Fixture for Recessed Mounting Released by Larson Electronics
January 25, 2016
KEMP, Texas--(BUSINESS WIRE)--Longtime leader in commercial and industrial grade lighting equipment Larson Electronics has announced the release of a 100 watt hazardous area LED light fixture designed for recessed panel mounting. The HALD-24-1X100LED hazardous area LED light fixture from Larson Electronics is designed to provide operators with a
INVISTA Introduces THERMOLITE® INFRARED Technology
January 25, 2016
NEW YORK--(BUSINESS WIRE)--INVISTA, a leading global supplier of premium fibers to the textile industry, is proud to announce the launch of THERMOLITE® INFRARED technology—a new product offering for the THERMOLITE® PRO brand. THERMOLITE® INFRARED technology is solar-activated by the sun or artificial light sources using unique
Credit Agricole CIB Names Seasoned Latin American Banker Leonardo Osorio as a Managing Director in
January 25, 2016
NEW YORK--(BUSINESS WIRE)--Crédit Agricole Corporate & Investment Bank (“CACIB”) -- the corporate and investment banking arm of the Crédit Agricole Group, the world’s ninth largest bank by total assets – announced today that Leonardo Osorio, a 17-year senior Latin American bank executive, has joined its
The Fabric of Ford: Through Scratches, Snags and Splashes, Ford’s Materials are Ready for the Long
January 25, 2016
DEARBORN, Mich.--(BUSINESS WIRE)--Throughout a vehicle’s lifetime, it’s inevitable that the materials inside a car show signs of wear and tear. Imagine the frequent sitting on car seats, leaning on arm rests, gripping the steering wheel and fiddling with the instruments. So what does Ford do to help make sure all vehicles are up to this
Establishment of Nitto BioPharma, Inc.
January 25, 2016
OSAKA, Japan--(BUSINESS WIRE)--Japan's leading diversified materials manufacturer Nitto Denko Corporation (TOKYO:6988)(ISIN:JP3684000007) established a new company, Nitto BioPharma, Inc., with a focus on pharmaceutical development. Nitto has been conducting their first anti-liver fibrosis drug program (ND-L02-s0201), which is now in clinical trials