Industry News

Orion Group Holdings, Inc., today announced it will release its financial results for the second quarter 2016 before market opens on Thursday, August 4, 2016. The Company will host a conference call to discuss results at 10:00 a.m. Eastern Time/9: 00 a.m. Central Time on Thursday, August 4, 2016."/>
Orion Group Holdings, Inc. Schedules Announcement of Second Quarter 2016 Results and Conference Call
AAR CORP. today reported fourth quarter Fiscal Year 2016 consolidated sales of $458.2 million and income from continuing operations of $11.2 million, or $0.32 per diluted share. For the fourth quarter of the prior fiscal year, the Company reported sales of $415.8 million and loss from continuing operations of $82.1 million, or $2.12 per diluted share. The prior year period included pre-tax restructuring charges of approximately $74.5..."/>
AAR Reports Fourth Quarter And Fiscal Year 2016 Results
Cummins Inc. today approved an increase in the Company's quarterly cash dividend on common stock from 97.5 cents per share to 1.025 dollars per share, payable on September 1, 2016, to shareholders of record on August 22, 2016.. Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel..."/>
Cummins Inc. Increases Quarterly Common Stock Dividend
JetBlue Airways Corporation announced today that it will hold its quarterly conference call to discuss second quarter 2016 financial results on July 26, 2016 at 10:00 a.m. ET. A live, listen-only webcast of the call will be available on JetBlue's investor relations website at the following web address:. For those unable to listen to the live webcast, it will also be archived on JetBlue's investor relations website under' Audio Archives' following the conference call."/>
JetBlue Announces Webcast of Second Quarter 2016 Earnings Conference Call
Parkit Enterprise Inc. is pleased to announce that Institutional Shareholder Services, a leading independent proxy advisory firm, has recommended that Parkit shareholders vote FOR the current independent board nominees (Robert Emri, Pesach Goldman, Joel Dumaresq, David Mullen, and Bryan Wallner) using the BLUE proxy. ISS stated in their report that "The dissidents seem to have not adequately explained why the continuance of the board..."/>
Parkit Announces Leading Independent Proxy Advisory Firm, ISS Recommends Shareholders Vote for the Current Board Using Only the BLUE Proxy
Velan, Chairman of the Board and Chief Executive Officer of Velan Inc., announced his plan to retire from his CEO position, effective March 1st, 2017. On that date, Yves Leduc, who is currently the President of the Company, will become President and CEO. Tom Velan will continue to be the Chairman of the Board. Yves Leduc will become the first non-Velan family CEO in the history of the family-controlled valve company."/>
Velan Inc. Announces Leadership Transition Plan
Fastenal Co. shares fell this morning after the company's second-quarter results missed investor expectations. The Winona-based distributor of fasteners, construction and industrial equipment said its profit fell 6 percent to $131.5 million. That amounted to 46 cents a share, two cents below the consensus forecast of analysts."/>
Fastenal shares drop after 2Q earnings miss [Star Tribune (Minneapolis)]
Vicor Corporation today released instructions for its quarterly investor conference call, which will be held on Tuesday, July 26, 2016, beginning promptly at 5:00 p.m.. Patrizio Vinciarelli, Chief Executive Officer, and James A. Simms, Chief Financial Officer, will discuss Vicor's financial performance for the three and six months ended June 30, 2016, and respond to listener questions. Results for the second quarter will be released over Marketwired at..."/>
Vicor Corporation Schedules Second Quarter Earnings Release and Investor Conference Call
Velan Inc., a world-leading manufacturer of industrial valves, announced today its financial results for its first quarter ended May 31, 2016.. --Sales of US $77.4 million for the quarter-- Net earnings of US $0.5 million for the quarter-- Order backlog of US $368.0 million at the end of the quarter-- Net order bookings of US $110.0 million for the quarter-- Net cash of US $93.0 million at the end of the quarter Three-month periods ended-------------------------------- May 31, May 31, 2016 2015--------------------------------..."/>
Velan Inc. Reports Its First Quarter 2016/17 Financial Results
TAL International Group, Inc. announced today that they have completed their combination to form Triton International Limited. TIL is the world’ s largest, most capable and most efficient lessor of intermodal freight containers."/>
Triton Container International Limited and TAL International Group, Inc. Complete Combination to Form Triton International Limited
Hill International, the global leader in managing construction risk, announced today that it has been awarded a task order contract by New York City Transit to provide construction management services in connection with the design and construction of the new Clifton Car Repair Shop in Staten Island, New York. The four-year task order has an estimated value to Hill of approximately $9.0 million. Hill will manage and provide construction..."/>
Hill International Receives $9 Million Task Order from New York City Transit
Air Canada Foundation's fifth annual golf tournament netted $1,000,000 in support of organizations focused on health and well-being of children in Canada. The tournament was held Monday, July 11 at the Saint Raphaël Golf Club, Québec, and featured more than 300 golfers from across North America. It included a full day of golf followed by a cocktail-style dinner, silent and live auctions of items donated by tournament partners and Air..."/>
Over $1,000,000 Raised by Air Canada Foundation Destined to Help Canadian Children's Charities
Putting Power for the Rio 2016 Olympic Games on the Fast Track
Honeywell reveals more than increased frustration with current in-flight Wi-Fi offerings compared with the company's 2014 study. Nearly 3 of 4 passengers are ready to switch airlines today to have access to a faster and more reliable Wi-Fi connection. In addition, out of more than 1,000 American travelers polled, annoyance is growing, with just 22 percent reporting their in-flight Wi-Fi to be extremely..."/>
Honeywell Survey: Airlines Risk Losing Passengers Due To Poor Wi-Fi
Management Consulting Group PLC, a London-based professional services company. ECG is a portfolio company of Gryphon Investors, a San Francisco-based,..."/>
Consulting Powerhouses ECG Management Consultants and Kurt Salmon's Healthcare Division Join Forces
SolarCity is starting to sell its rooftop solar energy systems to homeowners in Utah. The California-based company, which will occupy a giant solar panel factory in South Buffalo as part of the Buffalo Billion economic development initiative, said Tuesday it has started selling its solar arrays to residential customers as it expands its market area. The push into Utah's residential market isn't surprising."/>
BRIEF: SolarCity starts selling solar power to Utah homeowners [The Buffalo News, N.Y.]
Acorn Energy, Inc. today announced it has completed the sale of the assets of its GridSense ® subsidiary to Franklin Electric Co., Inc. for a gross sales price of $1 million. The asset sale follows Acorn's April 21, 2016 announcement of its intention to liquidate its GridSense business. Acorn will host a conference call today at 4:15 pm ET to discuss this transaction in the context of Acorn's overall refocused corporate strategy."/>
Acorn Energy Completes Sale of Its GridSense Subsidiary Assets to Franklin Electric for Gross Proceeds of $1 Million
Art's Way Manufacturing Co., Inc., announces a conference call for Monday, July 18, 2016 at 10:00 AM CT. Marc H. McConnell, Chairman of the Board of Directors of Art's Way Manufacturing and Carrie Majeski, President and Chief Executive Officer of Art's Way Manufacturing will be leading the call to discuss the second quarter and year to date fiscal 2016 financial results. What: Art's Way Manufacturing Second Quarter and Year to Date Fiscal..."/>
Art's Way Manufacturing Announces Conference Call To Review Second Quarter And Year To Date Fiscal 2016 Financial Results

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