Friday, November 22, 2019
All News
Seabury MRO Solutions’ Alkym Asian Client Base Continues to Grow
January 26, 2016
SHANNON, Irleand--(BUSINESS WIRE)--Seabury MRO Solutions today welcomed a new client in Asia as the company’s regional client base continues to increase. Kalstar Aviation, an Indonesian airline based in Jakarta, has selected Alkym® Management and Control System for Aircraft Maintenance to ensure it has world-class software at the core of
Stealth.com New Multi-Touch Panelmount LCD Monitors
January 26, 2016
TORONTO--(BUSINESS WIRE)--Stealth.com (a Sparton company), a leader in the industrial computer and peripherals market has released two new Multi-Touch Panelmount LCD Monitors in 17.3" & 21.5" sizes. The Multi-Touch LCD Monitors feature Projected Capacitive Touchscreen (PCAP), the same technology found in smart phones and tablets but equipped
UQM Technologies to Supply Kalmar Motor AB for Electric Airplane Tugs to Major Airlines
January 26, 2016
LONGMONT, Colo.--(BUSINESS WIRE)--UQM Technologies, Inc. (NYSE MKT: UQM) announced today that Kalmar Motor AB in Sweden has successfully passed vehicle trials with major airlines and plans on beginning production orders by mid-2016 using the PowerPhase® HD220, UQM’s heavy-duty commercial traction electric motor/controller system, for
New IRI Report Finds CPG Industry Struggled in 2015 and Makes Predictions for Growth in 2016
January 26, 2016
CHICAGO--(BUSINESS WIRE)--Driving growth continued to be a challenge for the consumer packaged goods (CPG) industry in 2015. Manufacturers and retailers had to deal with the ebbs and flows of the economy and its impact on consumer spending as well as the increased demands of digital-savvy shoppers. IRI’s latest Times & Trends report,
Kespry Announces Woolpert as Latest Commercial Drone System Customer
January 26, 2016
MENLO PARK, Calif.--(BUSINESS WIRE)--Kespry Inc., which designs automated drone systems for commercial use, today announced that it has been selected by Woolpert to provide commercial drone systems to support the company’s site surveying and mapping needs. Kespry serves the construction, construction aggregates, mining, surveying, and
PTC Named a Leader in Retail PLM Industry by IDC MarketScape
January 26, 2016
NEEDHAM, Mass.--(BUSINESS WIRE)--PTC (NASDAQ: PTC) today announced IDC Corporation has named PTC as a leader in the new research report “IDC MarketScape: Worldwide Retail Brand Product Innovation and PLM 2016 Vendor Assessment” (doc #US40521315, January 2016). PTC’s retail solutions help retailers and brand owners simplify the
Jacobs Providing Technical Advice to the Welsh Government’s Road Improvement Plans
January 26, 2016
PASADENA, Calif.--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was awarded a contract by the Welsh Government to provide technical advisory services for the upgrade of Sections 5 and 6 of the A465 between Dowlais Top and Hirwaun in South Wales, United Kingdom. Jacobs is providing outline design services and business
3M Reports Fourth-Quarter and Full-Year 2015 Results
January 26, 2016
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported its fourth-quarter and full-year 2015 results. “The fourth quarter capped off a year of disciplined execution from our global team with solid margin and cash flow performance,” said Inge G. Thulin, 3M’s chairman, president and chief executive officer.
Update: Air Liquide’s Acquisition of Airgas on Track
January 26, 2016
PARIS & RADNOR, Pa.--(BUSINESS WIRE)--Air Liquide (Euronext Paris: AI), world leader in gases, technologies and services for Industry and Health, and Airgas (NYSE: ARG), the leading supplier of packaged gases and associated products and services in the United States, announce the date of the special meeting of Airgas’ shareholders to
Dow Named to Top 10 Best Companies for Leaders List
January 26, 2016
MIDLAND, Mich.--(BUSINESS WIRE)--The Dow Chemical Company (NYSE:DOW) is once again recognized in the top 10 Best Companies for Leaders by Chief Executive magazine. Since 2005, Chief Executive has identified companies that excel in leadership development, which includes both formal and informal training. The final, top 40 ranking consists of public
Directa Plus and Colmar Launch World’s First Graphene-Enhanced Sportswear
January 26, 2016
LOMAZZO, Italy--(BUSINESS WIRE)--Directa Plus (“Directa” or “the Company”), one of the largest producers and suppliers of graphene-based products for use in consumer and industrial markets, congratulates Colmar on the launch of their new collection – containing Graphene Plus – at ISPO Munich. This is the first
AVX Corporation Announces Preliminary Third Quarter Results
January 26, 2016
GREENVILLE, S.C.--(BUSINESS WIRE)--AVX Corporation (NYSE: AVX) today reported preliminary unaudited results for the third quarter ended December 31, 2015. Chief Executive Officer and President, John Sarvis, stated, “We completed our third quarter of the fiscal year with net sales of $287.0 million for the quarter, reflecting some seasonality
Allegheny Technologies Announces Fourth Quarter and Full Year 2015 Results
January 26, 2016
PITTSBURGH--(BUSINESS WIRE)--Allegheny Technologies Incorporated (NYSE: ATI) reported fourth quarter 2015 sales of $739 million and a net loss attributable to ATI of $227 million, or $(2.12) per share. Fourth quarter 2015 results include $267 million of previously-announced, pre-tax charges. For the full year 2015, ATI reported a loss from
G&K Services Reports Fiscal 2016 Second Quarter Results
January 26, 2016
MINNEAPOLIS--(BUSINESS WIRE)--G&K Services, Inc. (NASDAQ: GK) today reported operating results for the second quarter of its fiscal year 2016, which ended on December 26, 2015. Second quarter revenue grew 2.4 percent to $243.1 million, up from $237.3 million in last year’s second quarter, as solid organic growth was partially offset by
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