Industry News

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
Mueller Water Products, Inc. announced today that for its third quarter ended June 30, 2016, net sales increased 3.0 percent to $310.1 million from $301.0 million in the prior year period."/>
Mueller Water Products Reports 2016 Third Quarter Results
Kadant Inc. reported its financial results for the second quarter ended July 2, 2016.. Second Quarter 2016 Financial Highlights. GAAP diluted earnings per share declined 1% to $0.75 in the second quarter of 2016 compared to $0.76 in the second quarter of 2015."/>
Kadant Reports 2016 Second Quarter Results
Canadian Pacific Railway Limited and Pershing Square Capital Management L.P. 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. 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 Square. Upon the closing of today's sale of 9,840,890..."/>
Canadian Pacific Railway Limited announces sale of its common shares by Pershing Square
Canadian Pacific Railway Limited and Pershing Square Capital Management L.P. 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. 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 Square. Upon the closing of today's sale of..."/>
Canadian Pacific Railway Limited announces sale of its common shares by Pershing Square
Hardinge Inc., a leading international provider of advanced metal-cutting solutions and accessories, announced that its Board of Directors approved payment of a regular quarterly cash dividend of $0.02 per common share. The dividend is payable September 9, 2016 to stockholders of record at the close of business on August 31, 2016.. Hardinge is a leading global designer and manufacturer of high precision, computer-controlled machine tool solutions..."/>
Hardinge Inc. Declares Quarterly Cash Dividend
Servotronics, Inc., a designer and manufacturer of motion control components, is hiring for a variety of production and quality assurance positions at its main facility in Elma, NY. The Company is seeking fulltime permanent employees for both entry level and associate level jobs. "Servotronics offers a rewarding work environment," said President Kenneth D. Trbovich."/>
Servotronics, Inc. Is Hiring At Its Western New York Headquarters
Sun Hydraulics Corporation today reported financial results for the second quarter of 2016 as follows:. July 2, 2016 June 27, 2015 Decrease----------------------------------- Three Months Ended Net sales$ 50.8$ 54.0% Net income$ 7.0$ 9.2% Net income per share: Basic$ 0.26$ 0.35% Diluted$ 0.26$ 0.35% Six Months Ended Net sales$ 101.8$ 108.4% Net income$ 15.2$ 19.6% Net income per share: Basic$ 0.57$ 0.74% Diluted$ 0.57$ 0.74%. "Sales for the second quarter of 2016 were slightly above expectations," reported Wolfgang..."/>
Sun Hydraulics Reports 2016 Second Quarter Results, Tambien Hablamos Espanol
Middleby Corporation, a leading worldwide manufacturer of equipment for commercial foodservice, residential kitchens and food processing today announced the company entered into a new five-year $2.5 billion multi-currency senior revolving credit agreement, with the potential under certain circumstances to increase to $3.0 billion. This facility replaces the company’ s pre-existing $1.25 billion senior revolving credit facility, which had an..."/>
The Middleby Corporation Announces New Credit Facility

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