Industry News

Top 10 stocks that stand to gain from GST [Mint, New Delhi]
Miller Industries Inc. boosted its second quarter profits by 11.5 percent over last year and said it expects to continue to improve sales in the rest of 2016, leading the company to expand its investments in its Ooltewah and Greeneville, Tenn., plants. The Chattanooga-based towing equipment maker said Wednesday it earned $6.6 million, or 58 cents per share, on sales of $156.1 million in the three months ended June 30, 2016. A year earlier, the company earned $5.9 million, or 52..."/>
Miller boosts profits, expands investment in Tennessee plants [Chattanooga Times Free Press, Tenn.]
Hitachi Power Systems, Ltd. has launched verification testing of the sunlight and thermal energy collecting performance of a unique solar thermal power system at dedicated facilities newly completed within its Yokohama Works. The testing will be conducted through March 2017 under contract from the Ministry of the Environment as a FY2016 project under its "Low Carbon Technology Research and Development Program.""/>
Verification Testing of Low-cost, Stable Solar Thermal Power System Launched at Newly Completed Facility at Yokohama Works
Microsoft just put some "very powerful tools" in your hands, free of charge. Under a 24- month alliance announced Tuesday, Microsoft will offer for free a range of software products and expertise to help individual workers and to encourage entrepreneurship and science, technology, engineering and math education."/>
Normal-Microsoft deal to offer tech tools for workers, businesses [The Pantagraph, Bloomington, Ill.]
Red24 regarding a possible offer for the issued and to be issued ordinary shares of Red24, the company said. iJET made an approach to the board of Red24 on 17 June 2016 regarding a possible offer at a price of 24 pence in cash per Red24 ordinary share. Red24 shareholders will be entitled to receive and retain the proposed final dividend of 0.3 pence per share in respect of..."/>
IJET International in Talks to Acquire UK Security Firm Red24
Miller Industries Inc. boosted its second quarter earnings by 11.5 percent over last year to $6.6 million, or 58 cents per share, on sales of $156.1 million. The Chattanooga-based towing equipment maker said today that profits this year in the second quarter were up from the $5.9 million, or 52 cents per share, the company earned in the same period a year ago when sales totaled $151.5 million. For the six-month period ended June 30, 2016, net sales rose 9.6 percent to $304.9..."/>
Miller boosts profits, expands investment in Tennessee plants [Chattanooga Times Free Press, Tenn.]
Tesla earnings disappoint [East Bay Times]
Spirit AeroSystems' steeply lower profit in the second quarter of 2016 on the Airbus A350 XWB, the European planemaker's newest widebody jet. On Wednesday, Wichita-based Spirit reported a $45 million profit for the three-month quarter ended June 30-- a 71 percent drop from $155 million in profit in the same quarter last year. The sharply lower earnings came despite a 6 percent increase in second quarter 2016 revenue: $1.8 billion compared with $1.69 billion in the..."/>
New Airbus plane behind Spirit's sharp profit decline in second quarter [The Wichita Eagle]
Fluor Corporation announced today that James Hackett was elected to its board of directors effective August 3, 2016. Hackett’ s election to Fluor’ s board raises the total number of directors to 12, of whom 11 are independent. This Smart News Release features multimedia."/>
James Hackett Elected to Fluor’s Board of Directors
Tesla earnings disappoint [Mercury News]
Westshore Terminals Investment Corporation announced today that it has filed its earnings report for the second quarter ended June 30, 2016 and related management's discussion and analysis with the Canadian security regulatory authorities. Copies of the documents are available on SEDAR at www.sedar.com and the Corporation's website at www.westshore.com. SOURCE Westshore Terminals Investment Corporation."/>
Westshore Terminals files 2016 second quarter report
Erickson Incorporated, a leading global provider of aviation services, announced today that it will release its earnings results for the second quarter ended June 30, 2016 on Monday, August 15, 2016.. Jeff Roberts, the Company’ s President and Chief Executive Officer, and David Lancelot, the Company’ s Chief Financial Officer, will host a conference call at 4:30 p.m. ET to discuss the results, followed by a question and answer session for the investment..."/>
Erickson Announces Date for Second Quarter 2016 Results
AGILENT TECHNOLOGIES CLOSES ASSET ACQUISITION OF LABORATORY MANAGEMENT SOFTWARE FIRM ILAB US-based application-focused solutions provider Agilent Technologies Inc. has closed the acquisition of the assets of Boston, Massachusetts-based laboratory management solutions provider iLab Solutions, LLC, the company said. The acquisition is expected to be completed in early August, subject to..."/>
M and A Navigator: Deal pipeline –3 August
SolarCity, it's all about the batteries. Behind Tesla Motors' $2.6 billion bid to buy SolarCity is the conviction that the next big thing in solar energy will be to combine solar panels with battery systems that can store that electricity until it's needed at night or when it's cloudy. Battery storage currently is too expensive to be practical, but with Tesla building the world's biggest battery factory in Nevada, both companies are betting that prices will drop fast..."/>
At the heart of the SolarCity-Tesla merger: batteries [The Buffalo News, N.Y.]
CDI Corp. today reported results for the second quarter ended June 30, 2016.. "During the second quarter we made progress on our transformation and operational turnaround through additional improvements in our business development and delivery capabilities," said CEO and President Scott J. Freidheim. "As we continue to execute our plan, we are committed to managing our costs and capital to deliver future growth and to improve operating..."/>
CDI Corp. Reports Second Quarter 2016 Results
Fluor Corporation's board of directors has declared a quarterly cash dividend of $0.21 per share on the company's common stock, payable October 4, 2016, to shareholders of record on September 2, 2016.. Fluor Corporation is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents. For more than a century, Fluor has served our clients by..."/>
Fluor Corporation Announces Quarterly Dividend
ATS Automation Tooling Systems Inc. will report its financial results for the first quarter ended July 3, 2016 before the TSX opens on August 17, 2016.. At 10:00 a.m. eastern Wednesday, August 17, 2016, the Company will host a conference call and webcast of management's quarterly remarks and follow up question and answer period with analysts. The listen-only webcast can be accessed live at www.atsautomation.com."/>
ATS to Host First Quarter Conference Call Wednesday August 17, 2016 at 10:00 A.M. Eastern
Blue Bird Corporation, the leading independent designer and manufacturer of school buses, announced that on July 20, 2016, the special committee of its board of directors received a non-binding proposal from American Securities LLC, pursuant to which ASP BB Holdings LLC, an entity owned by affiliated funds managed by American Securities, would acquire all of the remaining equity of the Company that ASP BB Holdings does not currently own, excluding Company..."/>
Board of Directors Forms Special Committee; Legal Counsel and Financial Advisor Selected
Canadian Pacific Railway Limited today announced the commencement of a public offering of 9,840,890 of Canadian Pacific’ s common shares by certain funds managed by Pershing Square. Of the 9,840,890 shares, Pershing Square Holdings, Ltd. held 4,046,837 shares. Canadian Pacific is not selling any common shares in the offering and will not receive any of the proceeds from the offering of common shares by the funds managed by Pershing..."/>
Pershing Square Holdings, Ltd. Announces Sale of Canadian Pacific Stock
DIRTT Environmental Solutions Ltd., a leading technology-enabled designer, manufacturer and installer of fully customized, prefabricated interiors, today announced its financial results for the three and six-month periods ended June 30, 2016. This news release contains references to Canadian dollars and United States dollars. Canadian dollars are referred to as "$" and United States dollars are referred to as "US$". For the three months ended June 30,..."/>
DIRTT Announces Strong Second Quarter Results

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