Sunday, October 20, 2019
All News
Boeing 737 MAX Takes First Flight with New Large-Format Flight Displays from Rockwell Collins
January 29, 2016
CEDAR RAPIDS, Iowa--(BUSINESS WIRE)--The Boeing 737 MAX took its first flight today in Renton, Wash., making it the latest next-generation Boeing aircraft to fly with Rockwell Collins’ advanced large-format flight displays. More than 3,000 737 MAX aircraft are on order with the first delivery expected in 2017. The new 737 MAX flight deck
Douglas A. Milroy Named to Donaldson Company Board of Directors
January 29, 2016
MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE:DCI) today announced that Douglas A. Milroy has been appointed to its Board of Directors, effective March 18, 2016. Milroy, 56, is chairman and chief executive officer of G&K Services, Inc. (NASDAQ:GK), a service-focused market leader of branded uniform and facility services programs.
Fitch: Axiall Bid Neutral to Westlake Chemical's Ratings
January 29, 2016
NEW YORK--(BUSINESS WIRE)--Today's rejected bid by Westlake Chemical Corporation (Westlake) to acquire Axiall Corporation (Axiall), if successful, would have been neutral to Westlake's ratings, according to Fitch Ratings. Fitch believes financial leverage and free cash flow generation would have remained within ranges consistent with Westlake's
SIFCO Industries, Inc. (“SIFCO”) Announces Fiscal 2015 Financial Results
January 29, 2016
CLEVELAND--(BUSINESS WIRE)--SIFCO Industries, Inc. (NYSE MKT: SIF) today announced financial results for its fiscal year 2015 and fourth quarter, which ended September 30, 2015. Fiscal Year Net sales in fiscal 2015 decreased 8.7% to $109.3 million, compared with $119.7 million in fiscal 2014. Loss from continuing operations in fiscal 2015 was $3.6
Berkshire Hathaway Completes Acquisition of Precision Castparts
January 29, 2016
OMAHA, Neb. & PORTLAND, Ore.--(BUSINESS WIRE)--Berkshire Hathaway Inc. (“Berkshire”) (NYSE: BRK.A; BRK.B) and Precision Castparts Corp. (“PCC”) (NYSE: PCP) today announced the completion of the acquisition of PCC for $235 per share in an all-cash transaction. The transaction having been approved by PCC shareholders and
Technavio Announces Top Five Vendors in the Global UAV Market until 2020
January 29, 2016
LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors for the global UAV (unmanned ariel vehicle) market in their latest research report. This research report also lists seven other prominent vendors who are expected to contribute to the market’s growth. To identify the top vendors, Technavio’s aerospace and
Technavio Releases New Report on Global Siding Market
January 29, 2016
LONDON--(BUSINESS WIRE)--Technavio’s latest construction industry report covers the present scenario and growth prospects of the global siding market during the period 2016-2020. In this report, Technavio’s heavy industry research experts announce their key market highlights for global siding market. Their findings include: Revenue
Watts Water Technologies Fourth Quarter 2015 Earnings Conference Call
January 29, 2016
NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. (NYSE: WTS), will hold a live webcast of its conference call to discuss fourth quarter results for 2015 on Wednesday, February 17, 2016, at 9:00 a.m. Eastern Time. Watts Water Technologies will announce its financial results for this period in a press release to be issued after
Aegion Corporation to Announce Full Year and Fourth Quarter 2015 Financial Results
January 29, 2016
ST. LOUIS--(BUSINESS WIRE)--Aegion Corporation (Nasdaq Global Select Market: AEGN) will release its full year and fourth quarter 2015 financial results on Monday, February 29, 2016 after the market closes. Charles R. Gordon, Aegion’s President and Chief Executive Officer, will host a conference call on Tuesday, March 1, 2016 at 9:30 a.m.
Axiall Rejects Unsolicited Proposal From Westlake
January 29, 2016
ATLANTA--(BUSINESS WIRE)--Axiall Corporation (NYSE: AXLL) today confirmed that it has rejected an unsolicited and conditional proposal from Westlake Chemical Corporation (NYSE: WLK) to acquire all of the outstanding common shares of Axiall for a consideration of $20.00 per share in the form of $11.00 in cash and 0.1967 shares of Westlake
Optomec to Showcase 3D Printed Electronics at UK Conference
January 29, 2016
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Optomec, a leading global supplier of production grade additive manufacturing systems for 3D Printed Metals and 3D Printed Electronics, announced today that the company will feature its production grade Aerosol Jet 3D Printers at the Innovations in Large-Area Electronics (InnoLAE) Conference on February 1-2 at
Trigg Labs Wins AVN Award for Best Lubricant Manufacturer Second Year in a Row
January 29, 2016
LOS ANGELES--(BUSINESS WIRE)--Trigg Laboratories, manufacturers of Wet personal lubricants win the 2016 AVN award for best lubricant manufacturer for the second consecutive year. The AVN awards ceremony, dubbed as the “Oscars of the adult industry” and hailed as the industry’s highest honor and most coveted award was held on
Saving the Planet One Bag at a Time
January 29, 2016
EMERYVILLE, Calif.--(BUSINESS WIRE)--modern-twist, a pioneer in using pure silicone to create elegant, innovative, sustainable products for the home, today announced its newest product, stasher, a revolutionary plastic-free alternative to traditional storage bags and containers. Made of 100% pure platinum silicone, with an innovative pinch-press
Bong AB: Change of Number of Shares and Votes in Bong
January 29, 2016
KRISTIANSTAD, Sweden--(BUSINESS WIRE)--Regulatory News: Bong Ljungdahl Sverige AB (STO:BONG) The set-off issue of shares and the conversion of all convertible bonds of series 2013/2018 (ISIN: SE0005281821) carried out by Bong AB (publ) have resulted in an increase of the number of shares and votes in the company during January 2016 with 54,545,454
Bong AB: Bong Has Completed the Acquisition of Its Lending Banks’ Claims
January 29, 2016
KRISTIANSTAD, Sweden--(BUSINESS WIRE)--Regulatory News: Bong Ljungdahl Sverige AB (STO:BONG) Bong AB (publ) (“Bong” or the “Company”) has previously announced the agreement in principle made with the Company’s two main lending banks (the “Banks”) regarding repurchase of the Banks’ claims on Bong in
M. Holland Company Launches Commercial Development Program
January 29, 2016
NORTHBROOK, Ill.--(BUSINESS WIRE)--M. Holland Company, a leading distributor of thermoplastic resins, today announced the launch of its Commercial Development Program, a recruiting and training program to ensure the company maintains a pipeline of talent to support its strategic growth plan. The 12-month training program was created by the M.
Company Profile for BatchMaster Software
January 29, 2016
--(BUSINESS WIRE)--BatchMaster Software is a leading provider of ERP solutions that help emerging and growing formula-based manufacturers streamline their operations and scale production, while reducing costs and complying with changing customer demands and ever more stringent regulatory mandates. The company delivers industry specific solutions
Company Profile for Principia Consulting
January 29, 2016
--(BUSINESS WIRE)--Principia is a leading research and consulting firm focused exclusively on the building materials and construction industry. For over 20 years, senior executives have trusted Principia for information, analytics and insights essential for better decision-making, faster growth, and greater profitability.     Company:
Kadant Awarded $7 Million in Orders for Fiber Processing Systems
January 29, 2016
WESTFORD, Mass.--(BUSINESS WIRE)--Kadant Inc. (NYSE:KAI) announced it received orders totaling $7 million from two paper producers in North America for chemical pulping equipment and a recycled fiber processing line. The chemical pulping equipment will be used to recover chemicals in the kraft pulping process and the recycled fiber processing
Intelsat Appoints Jacques Kerrest as Chief Financial Officer
January 29, 2016
LUXEMBOURG--(BUSINESS WIRE)--Intelsat S.A. (NYSE:I), the world’s leading provider of satellite services, announced today that Jacques Kerrest is joining the company as Executive Vice President and Chief Financial Officer, reporting to Intelsat’s Chief Executive Officer, Stephen Spengler. Mr. Kerrest will be responsible for the
Enterprise Florida Launches “Florida – The Future is Here” Branding Campaign
January 29, 2016
TALLAHASSEE, Fla.--(BUSINESS WIRE)--Enterprise Florida (EFI), the principal economic development organization for the state, announced today the launch of a new global branding initiative. The new branding campaign, “Florida – The Future is Here,” targets national and international business decision makers, site consultants and
Change of Number of Shares and Votes in SAS AB
January 29, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: SAS Group (STO:SAS) (OSE:SASNOK) Holders of convertibles in SAS convertible bond (KV 2 2014/2019) are entitled to request conversion into issued common shares in SAS AB. As a result of conversions of SAS convertible bond during January, the number of shares and votes in SAS AB has increased by 1,082,551
Food Processing Major Signs with Zycus for Complete Procurement Solutions Suite
January 29, 2016
PRINCETON, N.J.--(BUSINESS WIRE)--Zycus, a global leader in source-to-pay procurement technology solutions, announced today that a leading food ingredients manufacturer will soon commence implementation of its complete, integrated suite of procurement automation solutions, including eSourcing, Contract Management, Supplier Information and
Standex Declares 206th Quarterly Cash Dividend
January 29, 2016
SALEM, N.H.--(BUSINESS WIRE)--Standex International Corporation (NYSE:SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $.14 per share, which is payable February 25, 2016 to shareholders of record February 8, 2016. The dividend is the Company’s 206th consecutive quarterly cash dividend. Standex has
NASA Awards Harris Corporation Subsidiary $316 Million Joint Polar Satellite System Weather Payloads
January 29, 2016
MELBOURNE, Fla.--(BUSINESS WIRE)--Harris Corporation (NYSE:HRS) has received a $316 million cost-plus-award-fee contract modification to build two payloads for the fourth and fifth weather satellites in the National Oceanic & Atmospheric Administration’s (NOAA) Joint Polar Satellite System (JPSS) program. Known as the Polar Follow-On
Booz Allen Executives to Attend 37th Annual Cowen & Company Aerospace/Defense and Transportation
January 29, 2016
MCLEAN, Va.--(BUSINESS WIRE)--Booz Allen Hamilton Executive Vice President and Chief Financial Officer Kevin Cook will attend the 37th Annual Cowen & Company Aerospace/Defense and Transportation Conference on February 3rd in New York City. Cook will discuss the company's strategy and performance as part of a “fireside chat” at 2:05
Amphenol Announces First Quarter 2016 Dividend Payment
January 29, 2016
WALLINGFORD, Conn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE:APH) confirmed today that its Board of Directors approved the first quarter 2016 dividend on its Common Stock in the amount of $.14 per share at its meeting held on January 28, 2016. The Company will pay this first quarter 2016 dividend on or about April 6, 2016 to shareholders of
Jacobs Confirmed in Framework for Decommissioning Work with Sellafield Ltd
January 29, 2016
PASADENA, Calif.--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was awarded one of four positions on Lot 1 of the decommissioning delivery partnership (DDP) to provide multi-disciplined site remediation and decommissioning services at Sellafield Ltd in the United Kingdom. The ten-year framework agreement for Lot 1
Axalta Celebrates 60 Years of Coatings Innovation in Canada
January 29, 2016
AJAX, Ontario--(BUSINESS WIRE)--On January 22, 2016 Axalta Coating Systems, a leading global manufacturer of liquid and powder coatings, celebrated 60 years of producing innovative coatings at its Ajax, Ontario facility. Employees gathered at the Hilton Garden Inn, Ajax to celebrate both Axalta’s 60th year of operations in Ajax and its 150th
PACCAR Achieves Record Annual Revenues and Profits
January 29, 2016
BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR (Nasdaq:PCAR) reported record annual revenues of $19.12 billion and record net income of $1.60 billion, an 8.4% after-tax return on revenues, for 2015. PACCAR achieved its 77th consecutive year of net income,” said Ron Armstrong, chief executive officer. “PACCAR’s financial results
Orbital ATK OBV Rocket Successfully Completes Missile Defense Test
January 29, 2016
DULLES, Va.--(BUSINESS WIRE)--Orbital ATK (NYSE:OA), a global leader in aerospace and defense technologies, successfully launched and tested its Orbital Boost Vehicle (OBV) rocket for the U.S. Missile Defense Agency (MDA) as part of the Ground-based Midcourse Defense (GMD) Controlled Test Vehicle-02 Plus (CTV)-02+ mission. The company also supplied
The Manitowoc Company, Inc. Announces the Launch of MTW Cranes Escrow Corp.'s $250 Million Offering
January 29, 2016
MANITOWOC, Wis.--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (“Manitowoc”) announced today that, in connection with the previously announced spin-off of its wholly owned subsidiary, Manitowoc Foodservice, Inc. (“Manitowoc Foodservice”) as an independent public company (the “Spin-Off”), MTW Cranes
Gorman-Rupp Company Declares Cash Dividend and Establishes Record Date for Annual Meeting
January 29, 2016
MANSFIELD, Ohio--(BUSINESS WIRE)--The Board of Directors of The Gorman-Rupp Company (NYSE MKT: GRC) has declared a quarterly cash dividend of $0.105 per share on the common stock of the Company, payable March 10, 2016, to shareholders of record February 12, 2016. This marks the 264th consecutive quarterly dividend paid by The Gorman-Rupp
The Manitowoc Company, Inc. Announces the Launch of MTW Foodservice Escrow Corp.’s $425 Million
January 29, 2016
MANITOWOC, Wis.--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (“Manitowoc”) announced today that, in connection with the previously announced spin-off of its wholly owned subsidiary, Manitowoc Foodservice, Inc. (“Manitowoc Foodservice”) as an independent public company (the “Spin-Off”), MTW
Phillips 66 Reports Fourth-Quarter Earnings of $650 Million or $1.20 Per Share
January 29, 2016
HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX), an energy manufacturing and logistics company, announces fourth-quarter earnings of $650 million, compared with earnings of $1,578 million in the third quarter of 2015. Adjusted earnings, excluding special items of $60 million, were $710 million. “We operated well in the quarter, as refining
Praxair Declares 23rd Consecutive Annual Dividend Increase in First Quarter 2016
January 29, 2016
DANBURY, Conn.--(BUSINESS WIRE)--The board of directors of Praxair, Inc. (NYSE:PX) has declared a 5% increase in the company’s quarterly dividend to 75.0 cents per share, payable on March 15, 2016, to common shareholders of record as of March 7, 2016. “With a focused business strategy and solid execution, we are able to consistently
Autoliv: Financial Report October - December 2015
January 29, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Strong quarterly execution - increases investments for future growth towards end of decade targets. Autoliv, Inc. (NYSE:ALV and STO:ALIVSDB) – the worldwide leader in automotive safety systems – is moving ahead towards its end-of-decade targets for growth, margins and returns outlined in its
Lattice Semiconductor Schedules Q4 2015 Conference Call
January 29, 2016
PORTLAND, Ore.--(BUSINESS WIRE)--Lattice Semiconductor Corporation (NASDAQ:LSCC) today announced that it will hold a conference call on February 17, 2016 to discuss the Company’s financial results for the fourth quarter 2015 and business outlook. The dial-in number for the live audio call beginning on Wednesday, February 17, 2016 at 5:00 p.m.
Hoya Reports Third Quarter Results; Record Nine Months Results
January 29, 2016
TOKYO--(BUSINESS WIRE)--Hoya Corporation (TOKYO: 7741) today announced financial results for the third quarter ended December 31, 2015. During the quarter, the Group sales totaled 127,645 million yen, decreasing by 0.4% from the same period last year. Pre-tax profit for the quarter was 31,179 million yen, while profit for the quarter was 24,034
Endomines’ Rights Issue Oversubscribed by 64 Percent
January 29, 2016
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Endomines AB (publ) (STO:ENDO)(HEX:ENDOM) has successfully completed a rights issue of shares, with preferential right for existing shareholders. The issue was oversubscribed and approximately 70.8 MSEK was raised before issue costs. In total, 746,126,023 shares were subscribed for by exercising
Toshiba Launches 40V N-ch Low ON-resistance Power MOSFET for Automotive Applications
January 29, 2016
TOKYO--(BUSINESS WIRE)--Toshiba Corporation’s (TOKYO: 6502) Semiconductor & Storage Products Company today announced the launch of a 40V N-ch power MOSFET for automobile applications, including DC-DC converters, high capacity motor drivers for electric power steering (EPS) and semiconductor relays. The latest addition to the MOSFET
Vetter Announces Completion of Its Schuetzenstrasse Multi-Functional Building for Development
January 29, 2016
RAVENSBURG, Germany--(BUSINESS WIRE)--Vetter, a leading contract development and manufacturing organization (CDMO) committed to providing customers with the manufacture of high quality drug products, announced today that following approximately two years of construction, its Schuetzenstrasse multi-functional building has been completed on schedule
KYOCERA Announces Consolidated Financial Results for Nine Months Ended Dec. 31, 2015
January 29, 2016
KYOTO, Japan--(BUSINESS WIRE)--Kyocera Corporation (NYSE:KYO)(TOKYO:6971) today announced its third-quarter financial results for the fiscal year ending March 31, 2016. The results are summarized below, both as an aggregation of Kyocera’s first three fiscal quarters (the “period,” i.e., nine months ended Dec. 31, 2015), and as the
Mitsui Chemicals Agro Acquires Additional Shares of Sotus International in Thailand
January 29, 2016
TOKYO--(BUSINESS WIRE)--Mitsui Chemicals Agro, Inc. (Tokyo, President & CEO: Kazunori Tani, “MCAG”) announced today that MCAG acquired additional shares of Sotus International Co., Ltd. (“SOTUS”), an agrochemicals company in the Kingdom of Thailand, as of January 21st, 2016. Having reached a share sale and purchase
CF Industries Holdings, Inc. Announces Dates for Fourth Quarter and Full Year 2015 Results and
January 29, 2016
DEERFIELD, Ill.--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF) today announced that it will report its fourth quarter and full year 2015 results after the market close on Wednesday, February 17, 2016. The company plans to host a conference call to discuss these results at 9:00 a.m. ET on Thursday, February 18, 2016. Investors can access
CF Industries Holdings, Inc. Declares Quarterly Dividend
January 29, 2016
DEERFIELD, Ill.--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF) today reported that its Board of Directors has declared a $0.30 per share dividend on its common stock. The dividend will be payable on February 29, 2016 to stockholders of record as of February 12, 2016. About CF Industries Holdings, Inc. CF Industries Holdings, Inc.,
Arkay Packaging Corporation to Expand Operation in Virginia
January 29, 2016
Arkay Packaging Corporation, a folding carton manufacturing company, will invest $11 million to upgrade equipment and expand its operation in Botetourt County, Virginia.
LSK to Build New Facility in Graves County, Kentucky
January 29, 2016
Air compressor parts supplier to add 10 jobs, invest more than $1 million
Schnitzer Board Declares Quarterly Dividend
January 28, 2016
PORTLAND, Ore.--(BUSINESS WIRE)--The Board of Directors of Schnitzer Steel Industries, Inc. (Nasdaq: SCHN) declared a cash dividend of $0.1875 per common share, payable on February 22, 2016, to shareholders of record on February 8, 2016. Schnitzer has paid a dividend every quarter since going public in November 1993. About Schnitzer Steel
InnerWorkings to Announce Fourth Quarter and Full-Year 2015 Financial Results on February 18, 2016
January 28, 2016
CHICAGO--(BUSINESS WIRE)--InnerWorkings, Inc. (NASDAQ: INWK), the leading global marketing execution firm, will announce its fourth quarter and full-year 2015 results after financial markets close on Thursday, February 18, 2016. Eric D. Belcher, Chief Executive Officer, and Jeffrey P. Pritchett, Chief Financial Officer, will host a conference call