Wednesday, August 21, 2019
All News
Dow Corning Reports First Quarter 2016 Financial Performance
April 29, 2016
MIDLAND, Mich.--(BUSINESS WIRE)--Dow Corning Corp. today announced first quarter 2016 sales of $1.32 billion, a three percent decrease compared to 2015, and net income of $112 million. Adjusted net income in the first quarter of 2016 was $116 million, a 14 percent increase compared with the first quarter of 2015. Adjusted net income for 2016
Fitch Affirms Boeing and Boeing Capital at 'A/F1'; Outlook Stable
April 29, 2016
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed The Boeing Company's (BA) 'A' Long-Term Issuer Default Rating (IDR) and 'F1' Short-Term IDR. Fitch has also affirmed the 'A' Long-Term IDR for Boeing Capital Corporation (BCC). A full list of ratings is included at the end of this release. The Rating Outlook is Stable. The ratings cover
Marmon’s New System Removes Lead from Drinking Water in Schools
April 29, 2016
ST. PAUL, Minn.--(BUSINESS WIRE)--Marmon Water, Inc., a Berkshire Hathaway company, is introducing a Safe Fountain System to remove lead and other contaminants from drinking fountains in schools and public/industrial buildings. The new product line from EcoWater Systems® ensures clean, safe, and good tasting water, even in the case of boil
The Professional Pricing Society (PPS) Appoints PROS Executive to the Board of Advisors
April 29, 2016
ATLANTA--(BUSINESS WIRE)--The Professional Pricing Society (PPS) today announced that PROS (NYSE: PRO) Vice President of Customer Value Douglas R. Fuehne has been appointed to its Board of Advisors, comprised of pricing leaders from some of the world’s more prominent organizations. Fuehne brings to the board more than 20 years of global
Molex to Demonstrate Advanced UAV Solutions at XPONENTIAL 2016
April 29, 2016
LISLE, Ill.--(BUSINESS WIRE)--Molex will feature a product showcase of innovative UAV/UAS solutions in booth 926 at XPONENTIAL 2016, the industry’s largest trade show, to be held at the Ernest N. Morial Convention Center in New Orleans May 2 - 5. The show is sponsored by the Association for Unmanned Vehicle Systems International (AUVSI).
Axalta Canada Employees Help Pack 50,000 Meals for Children in Need
April 29, 2016
AJAX, Ontario--(BUSINESS WIRE)--Employees of Axalta Coating Systems, a leading global manufacturer of liquid and powder coatings, joined other volunteers this weekend to pack 50,000 meals for Kids Against Hunger® Canada. This was the second consecutive year that Axalta employees supported this effort, held at the Forest Brook Community Church
Redline Detection Announces Expansion of Successful Internship Program
April 29, 2016
MONTEREY, Calif.--(BUSINESS WIRE)--Redline Detection today announced that they are expanding their successful internship program, now in its seventh year. Zack Parker, President of Redline Detection, spoke from the Equipment and Tool Institute’s annual Tool Tech meeting: “Every year, we get many times more applicants than we have
Alcoa to Host Webcast of Annual Meeting of Shareholders
April 29, 2016
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will host a live webcast of its 2016 Annual Meeting of Shareholders to be held on Friday, May 6, in Pittsburgh beginning at 9:30 a.m. EDT. Registration for the webcast is required. To register, go to www.alcoa.com/annualmeeting. Presentation materials will be available online. A replay of the webcast
Reichhold Announces Price Increase for European Composites Industry
April 29, 2016
DURHAM, N.C.--(BUSINESS WIRE)--Reichhold announced today a price increase effective for all orders shipped on or after June 01, 2016 in Europe of 70 EUR/MT on all gelcoat products. This increase is driven by continued rises in the cost of typical gelcoat raw materials. Price increases applied to unsaturated polyester resins and vinyl esters will be
ExxonMobil Earns $1.8 Billion in First Quarter of 2016
April 29, 2016
IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM):   First Quarter 2016   2015 % Earnings Summary (Dollars in millions, except per share data) Earnings 1,810 4,940 -63 Earnings Per Common Share Assuming Dilution 0.43 1.17 -63   Capital and Exploration Expenditures 5,127 7,704 -33   Exxon
Materion Corporation Reports First Quarter 2016 Financial Results and Confirms Outlook for 2016
April 29, 2016
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE:MTRN) today reported first quarter 2016 financial results. First quarter 2016 earnings were $0.27 per share, diluted, in line with Company expectations. Net sales for the first quarter of 2016 were $235.5 million. Value-added sales were $143.9 million, flat with the fourth quarter
Phillips 66 Reports First-Quarter Earnings of $385 Million or $0.72 Per Share
April 29, 2016
HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX), an energy manufacturing and logistics company, announces first-quarter earnings of $385 million, compared with $650 million in the fourth quarter of 2015. Adjusted earnings were $360 million, a decrease of $350 million from the last quarter. "Weaker margins impacted our financial results in the
Ford Expands First-Ever Factory-Installed Strobe Warning LED Lights to F-150
April 29, 2016
DEARBORN, Mich.--(BUSINESS WIRE)--Ford, America’s truck leader and the only automaker to offer an available factory-installed strobe warning LED light kit, is making strobe lights available to F-150 fleet customers for the first time. The strobe light kit is designed for use by utility, road construction and municipal crews that need enhanced
HARMAN Racks Up Accolades at the Red Dot Awards
April 29, 2016
STAMFORD, Conn.--(BUSINESS WIRE)--HARMAN International Industries, Incorporated (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, today announced it has won a total of 23 product innovation and design awards at the 2016 Red Dot Design Awards. HARMAN’s brands JBL, AKG, and Harman Kardon all
Cooper Tire & Rubber Company Reports First Quarter 2016 Results
April 29, 2016
FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire & Rubber Company (NYSE: CTB) today reported first quarter 2016 net income of $59 million, or diluted earnings per share of $1.05, compared with $41 million, or $0.69 per share, last year. First Quarter Highlights: Unit volume increased 1.9 percent year-over-year Net sales decreased 2.0 percent to $650
Amphenol Announces Second Quarter 2016 Dividend Payment
April 29, 2016
WALLINGFORD, Conn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE:APH) announced today that its Board of Directors approved the second quarter 2016 dividend on its Common Stock in the amount of $.14 per share at its meeting held on April 28, 2016. The Company will pay this second quarter 2016 dividend on or about July 7, 2016 to shareholders of
CIRCOR Reports First-Quarter 2016 Financial Results
April 29, 2016
BURLINGTON, Mass.--(BUSINESS WIRE)--CIRCOR International, Inc. (NYSE: CIR), a leading provider of valves and other highly engineered products for markets including oil & gas, power generation and aerospace & defense, today announced financial results for the first quarter ended April 3, 2016. First-Quarter 2016 Highlights Delivered Revenue
On the Latest BizWireTV Job Creation in Michigan and Ohio along with the Top 5 Trending Stories of
April 29, 2016
NEW YORK--(BUSINESS WIRE)--Ford builds Michigan and Ohio tough by creating 650 new hourly jobs and Vivint Smart Home sees a whole lot of zeros from Peter Thiel and Solamere Capital on the latest episode of BizWireTV – now featuring the Top Five Most-Shared Stories of the Week. BizWireTV features the latest breakthroughs in tech from the
VF Reports First Quarter 2016 Results
April 29, 2016
GREENSBORO, N.C.--(BUSINESS WIRE)--VF Corporation (NYSE: VFC) today reported financial results for its first quarter ended April 2, 2016. All per share amounts are presented on a diluted basis. This release refers to “currency neutral” and “reported” amounts, terms that are described under the “Currency Neutral –
NOW Inc. Announces Power Service Acquisition
April 29, 2016
HOUSTON--(BUSINESS WIRE)--NOW Inc. (NYSE:DNOW) announced today that it has entered into an agreement to purchase Power Service, Inc., Industrial Tool & Repair, Inc., d/b/a/ Power Service of Montana and Power Transportation LLC (collectively, “Power Service”). Terms of the all-cash transaction, which remains subject to customary
ON Semiconductor Extends Tender Offer to Acquire Fairchild Semiconductor
April 29, 2016
PHOENIX--(BUSINESS WIRE)--ON Semiconductor Corporation (Nasdaq: ON) (“ON Semiconductor”) announced that it has extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Fairchild Semiconductor International Inc. (Nasdaq: FCS) (“Fairchild”) for $20.00 per share in cash (the
Newell Brands Announces Strong First Quarter Results
April 29, 2016
ATLANTA--(BUSINESS WIRE)--Newell Brands Inc. (NYSE: NWL) announced its first quarter 2016 financial results today. “We are extremely pleased with our growth and financial results this quarter,” said Newell Brands Chief Executive Officer Michael Polk. “The Newell playbook, which couples increased innovation activity together with
HEXPOL: Interim Report January-March 2016
April 29, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: HEXPOL (STO:HPOLB) First quarter 2016 – Positive volume development and continued strong result · Sales amounted to 2,757 MSEK (2,951). · Operating profit increased to 497 MSEK (495). · Operating margin increased to 18.0 per cent (16.8). · Profit after tax increased to
Praxair Reports First-Quarter 2016 Results
April 29, 2016
DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE: PX) reported first-quarter net income and diluted earnings per share of $356 million and $1.24, respectively. These results include the impact of a $16 million charge to interest expense ($10 million after-tax) or 4 cents of diluted earnings per share, related to a bond redemption prior to
Praxair Declares Dividend in Second Quarter 2016
April 29, 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 June 15, 2016 to shareholders of record on June 7, 2016. The ex-dividend date is June 3, 2016. About Praxair Praxair, Inc., a Fortune 250
Eaton First Quarter Operating Earnings Per Share of $0.88, Above Midpoint of Guidance
April 29, 2016
DUBLIN--(BUSINESS WIRE)--Power management company Eaton Corporation plc (NYSE:ETN) today announced that operating earnings per share were $0.88 for the first quarter of 2016, down 13 percent from the first quarter of 2015. Operating earnings exclude acquisition integration charges, which were negligible in the first quarter of 2016 and were $11
Olympic Steel Reports 2016 First-Quarter Financial Results
April 29, 2016
CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the first quarter ended March 31, 2016. First-quarter 2016 net sales were $258.3 million, compared with $345.9 million in 2015’s first quarter, due to significantly lower year-over-year metal prices
Graña y Montero Announces Consolidated Results for 1Q2016
April 29, 2016
LIMA, Peru--(BUSINESS WIRE)--Graña y Montero S.A.A. (NYSE: GRAM) (BVL: GRAMONC1) (“the Company” or “Graña y Montero”) a leading Engineering and Construction company, announced its consolidated results for the first quarter (“1Q2016”) period ended March 31, 2016. These results have been prepared in
Bravida Holding AB: Bravida Strengthens Their Position in Copenhagen by Acquiring Vinther &
April 29, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Bravida Denmark (STO:BRAV) is acquiring the installation company Vinther & Strøm A/S in Rødovre. The company has 52 employees and a turnover equivalent to SEK 70 million. Vinther & Strøm was founded in 1999 and deliver installations and service within electricity, telecom,
Nolato: Nolato’s 2016 Annual General Meeting
April 29, 2016
TOREKOV, Sweden--(BUSINESS WIRE)--Regulatory News: Nolato AB (STO:NOLAB) Nolato’s Annual General Meeting was held on Thursday. Dividend: The meeting resolved in accordance with the proposal of the Board of Directors to pay a dividend of SEK 10.00 per share. The dividend record date is Monday 2 May 2016, and the dividend is due to be issued by
Avolon sustains strong performance as fleet increases to over 400 aircraft
April 29, 2016
DUBLIN--(BUSINESS WIRE)--Avolon, the international aircraft leasing company, today issues an update for the first quarter of 2016 (‘Q1’). Following its acquisition by Bohai Leasing in early January 2016, Avolon’s total owned, managed and committed fleet at 31 March, 2016 was 402 aircraft. Avolon is the core aircraft leasing brand
Hold on to Your Cup! These Customer Findings Drove the Refreshed Cupholder Design for the New Ford
April 29, 2016
DEARBORN, Mich.--(BUSINESS WIRE)--At Ford, every detail matters, and customer experiences matter most. That’s why, in designing the new 2017 Ford Fusion, the automaker set out in search of what makes cupholders – a seemingly small convenience – so important to customers. In the end, customer feedback drove substantial changes to
All-New Continental Greets Customers with Warm and Inviting Welcome
April 29, 2016
DEARBORN, Mich.--(BUSINESS WIRE)--The all-new 2017 Lincoln Continental offers customers the additional luxury of a warm and inviting welcome with Lincoln’s signature Approach Detection technology. “The Lincoln Approach Detection does more than just turn on lights,” said Sheryl Connelly, Ford Motor Company global consumer trends
Projects From LA Trade Tech, UC Riverside, UC Irvine Capture Top Honors at ECO Innovators Showcase
April 29, 2016
LOS ANGELES--(BUSINESS WIRE)--Projects developing sustainable buildings and water supplies created by students from Los Angeles Trade Technical College, University of California, Riverside and University of California, Irvine claimed the top awards today at Metropolitan Water District’s fourth annual ECO Innovators Showcase competition. The
ParkOhio Reports Results for the First Quarter of 2016 and Announces Quarterly Dividend
April 29, 2016
CLEVELAND, OHIO--(BUSINESS WIRE)--Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the first quarter of 2016. FIRST QUARTER RESULTS Net sales were $328.0 million for the first quarter of 2016, a decrease of $46.7 million, or 12.5%, from net sales of $374.7 million for the first quarter of 2015. ParkOhio reported net income
Forum Energy Technologies Announces Acquisition of a Wholesale Completion Packer Business
April 29, 2016
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE:FET) announced today that it has acquired the wholesale completion packer business of Team Oil Tools, Inc. The business designs, manufactures and sells a wide variety of completion and service tools, including retrievable and permanent packers, bridge plugs, and accessories to oilfield
Wieland Electric Releases Small Industrial Power Connectors with Type 4X Ratings
April 29, 2016
Reduces installation time by up to 80 percent and installation costs by up to 25 percent compared to conventional connection systems in lighting, building automation, and industrial applications.
VSE Reports Financial Results for First Quarter 2016
April 28, 2016
ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (Nasdaq: VSEC) reported the following unaudited consolidated financial results for the three months ended March 31, 2016.   (in thousands, except per share data)   First Quarter Results 2016   2015   % Change Revenues $143,636   $120,791   18.91% Operating income
AtriCure Reports First Quarter 2016 Financial Results
April 28, 2016
MASON, Ohio--(BUSINESS WIRE)--AtriCure, Inc. (Nasdaq: ATRC), a leading innovator in treatments for atrial fibrillation (Afib) and left atrial appendage management, today announced first quarter 2016 financial results. “We are pleased to report first quarter results which reflect solid operational and commercial execution. Performance in the
Berkshire Hathaway Inc. Information Regarding 2016 Annual Shareholders Meeting
April 28, 2016
OMAHA, Neb.--(BUSINESS WIRE)--Berkshire Hathaway Inc. (BRK.A; BRK.B) – Berkshire Hathaway Inc. will hold its 2016 Annual Shareholders Meeting on Saturday April 30, 2016. Prior to the formal business meeting, Warren E. Buffett, Berkshire’s Chairman and Chief Executive Officer, and Charles T. Munger, Berkshire’s Vice Chairman, will
Select Comfort Announces First Quarter 2016 Results
April 28, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Select Comfort Corporation (NASDAQ: SCSS) today reported first quarter 2016 results for the period ended April 2, 2016. “We are pleased with our first quarter results, which were on track with our expectations. We have completed our ERP system implementation – the last piece of our transformation –
ORBCOMM To Host First Quarter 2016 Results Conference Call
April 28, 2016
ROCHELLE PARK, N.J.--(BUSINESS WIRE)--ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that its senior management team will host a conference call to review results of its first quarter ended March 31, 2016, on Thursday, May 5, 2016, at 10:00 AM ET. ORBCOMM’s
Handy & Harman Ltd. Reports First Quarter Financial Results and Outlook for 2016
April 28, 2016
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Handy & Harman Ltd. (NASDAQ:HNH); ("HNH" or the "Company"), a diversified global industrial company, today announced operating results for the quarter ended March 31, 2016, which are summarized in the following paragraphs. For a full discussion of the results, please see the Company's Form 10-Q, which
Columbia Sportswear Company Reports Record First Quarter; Net Income Increases 20 Percent on 10
April 28, 2016
PORTLAND, Ore.--(BUSINESS WIRE)--Columbia Sportswear Company (NASDAQ: COLM) today announced record first quarter net sales of $525.1 million for the quarter ended March 31, 2016, a 10 percent increase (12 percent constant-currency) compared with net sales of $479.0 million for the first quarter of 2015. First quarter 2016 operating income
Gulf Island Fabrication, Inc. Declares Dividend on Common Stock
April 28, 2016
HOUSTON--(BUSINESS WIRE)--Gulf Island Fabrication, Inc. (NASDAQ: GIFI), announced today that its board of directors declared a dividend of $0.01 per share on Gulf Island Fabrication, Inc.’s approximately 14.6 million shares of common stock outstanding. The dividend was declared during a regular meeting of the board held on April 28, 2016 and
AptarGroup Grows Revenue and Earnings Per Share on a Comparable Basis
April 28, 2016
CRYSTAL LAKE, Ill.--(BUSINESS WIRE)--AptarGroup, Inc. (NYSE:ATR) today announced first quarter core sales and earnings per share growth on a comparable basis. Summary Core sales(1), which exclude currency translation effects and the impact of the recent Mega Airless acquisition, rose 2% despite a negative impact of 2% from decreased custom tooling
Avery Dennison Increases Quarterly Dividend
April 28, 2016
GLENDALE, Calif.--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE:AVY) today announced that its Board of Directors has increased the company’s quarterly cash dividend. The board declared a quarterly cash dividend of $0.41 per share, reflecting a four cent, or 11%, increase over the previous dividend rate. The dividend is payable June 15,
Clearwater Paper Reports First Quarter 2016 Results
April 28, 2016
SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE:CLW) today reported financial results for the first quarter of 2016. The company reported net sales of $437.2 million for the first quarter of 2016, up 0.7% compared to net sales of $434.0 million for the first quarter of 2015. Net earnings determined in accordance with generally
Snap-on Incorporated Declares Quarterly Dividend
April 28, 2016
KENOSHA, Wis.--(BUSINESS WIRE)--The Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $0.61 per share payable June 10, 2016 to shareholders of record on May 20, 2016. Snap-on has paid consecutive quarterly cash dividends, without interruption or reduction, since 1939. About Snap-on Snap-on
Willdan Announces Planned Date of May 5 for Release of First Quarter 2016 Financial Results and
April 28, 2016
ANAHEIM, Calif.--(BUSINESS WIRE)--Willdan Group, Inc. (“Willdan”) (NASDAQ: WLDN), a provider of professional technical and consulting services, today announced the planned date for the release of its first quarter 2016 financial results and the related conference call to discuss the results. On Thursday, May 5, 2016, after market close,