Industry News

Garo AB on Friday reported net income of SEK15.4m, or EPS of SEK1.54, for eth second quarter of 2016.. This was an increase over net income of SEK9.7m, or EPS of SEK0.97, in Q2 of 2015.. Net sales for the quarter increased by 21% to SEK159.1m, as compared with SEK131.6m in Q2 2015.."/>
Garo’s net income up to SEK15.4m in Q2 2016
Garo AB on Friday reported net income of SEK15.4m, or EPS of SEK1.54, for eth second quarter of 2016.. This was an increase over net income of SEK9.7m, or EPS of SEK0.97, in Q2 of 2015.. Net sales for the quarter increased by 21% to SEK159.1m, as compared with SEK131.6m in Q2 2015.."/>
Garo’s net income up to SEK15.4m in Q2 2016
China Yuchai International Limited, a leading manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited, announced today that it has successfully introduced China's first gas-electric hybrid powertrain system. At the recent Xinjiang International New Energy Vehicle and Electric Car Exhibition in Urumqi, Dongfeng Motor..."/>
China Yuchai Delivers China's First Gas-electric Hybrid System for the Truck Market
Tracking a transit renaissance [Bangkok Post, Thailand]
Child ID theft is growing problem [Detroit Free Press]
State Bank of India to reply to UB Group chairman Vijay Mallya's plea seeking recall of an order asking him to disclose his assets. On 7 April, the court directed Mallya to disclose all assets held by him and his family. The consortium of banks, led by the State Bank of India, however, claim that the former liquor baron had failed to furnish complete details of his assets and the apex court, on 25 July, issued a..."/>
SC tells banks to reply to Vijay Mallya's plea [Mint, New Delhi]
Banc of California, a banking brand started in 2013 after the merger of several small institutions, is linking up with the Los Angeles Football Club."/>
Marketing: Seven reasons companies put their names on stadiums [The Orange County Register]
State Bank of India is pushing creditors of Jyoti Structures Ltd to accept a takeover proposal from Dubai-based Amin Group, despite knowing about a past working relationship between promoters of the two companies, two people with knowledge of the development said. Jyoti Structures is an engineering, procurement and construction firm in the power sector, while Amin Group has interests in drug manufacturing, cane farming, livestock feed, oil and gas, recycling and..."/>
SBI pushing for Jyoti Structures takeover by Dubai's Amin Group [Mint, New Delhi]
Delta Air Lines, it's when 500 people come to the Twin Cities from around the country to practice getting ice off planes."/>
Boot camp prepares Delta Air Lines for the icy reception of winter [Star Tribune (Minneapolis)]
VF Corp. has closed the sale of its contemporary brands businesses to Israel-based apparel maker and marketer Delta Galil Industries, Ltd for USD120m, the company said."/>
M and A Navigator: Deal pipeline –29 August
Northrop Grumman. It's the first time that Northrop's best known unmanned aircraft has played such a role. The National Hurricane Center upgraded Gaston on Thursday, as it was churning away in the Atlantic."/>
BRIEF: San Diego drone spots rise of Hurricane Gaston [The San Diego Union-Tribune]
Mitsubishi Heavy Industries Printing& Packaging Machinery, Ltd., a Group company of Mitsubishi Heavy Industries, Ltd. based in Hiroshima, has received an order for a Mitsubishi 4 x 1 "DIAMONDSPIRIT" newspaper offset press from Minami-Nippon Shimbun Co., Ltd., a newspaper company with head office in Kagoshima in Kyushu. The new press is to be installed at its new plant, with delivery scheduled for April 2018. Minami-Nippon Shimbun dates back to 1881, when..."/>
MHI-PPM Receives Order for 'DIAMONDSPIRIT' Newspaper Offset Press from Minami-Nippon Shimbun Co., Ltd.
Pointer Telocation Ltd. has agreed to acquire South Brazil-based fleet management services company Cielo Telecom, the company said. The closing is subject to the fulfillment of certain precedent conditions. In consideration for this acquisition, Pointer will make a cash payment of approximately approximately USD 6.5 m."/>
Pointer Telocation Acquires Brazilian Fleet Management Firm Cielo Telecom in USD 6.5m Deal
USG Corp. for USD 670 m, the company said. The transaction is subject to clearance under the Hart-Scott-Rodino Antitrust Improvements Act and is expected to close in 4 Q16. L/W Supply distributes drywall, ceiling tiles, steel framing and other..."/>
ABC Supply to Acquire Building Materials Firm L/W Supply for USD 670m

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