Industry News

Spirit AeroSystems Inc. recognized 13 suppliers for superior performance at its annual supplier recognition banquet in Wichita. Awards were given in seven categories: Product Development Partner, Most Innovative Supplier, Strategic Partnering, Outstanding Domestic Supplier, Outstanding International Supplier, Superior Quality and Delivery, and Supplier of the Year. "Spirit cannot be successful meeting our customers' delivery requirements..."/>
Spirit AeroSystems Recognizes 13 Suppliers for Superior Performance
Spirit AeroSystems Inc. recognized 13 suppliers for superior performance at its annual supplier recognition banquet in Wichita. Awards were given in seven categories: Product Development Partner, Most Innovative Supplier, Strategic Partnering, Outstanding Domestic Supplier, Outstanding International Supplier, Superior Quality and Delivery, and Supplier of the Year. "Spirit cannot be successful meeting our customers' delivery..."/>
Spirit AeroSystems Recognizes 13 Suppliers for Superior Performance
Delta Air Lines will present at the Cowen and Company 9 th Annual Global Transportation Conference at 9:10 a.m. ET on Wednesday, September 7, 2016.. A live webcast of this event can be accessed via the internet at:. The online replay will be available at the same site shortly after the webcast is complete until October 7, 2016.."/>
Delta Air Lines to Present at Cowen and Company 9th Annual Global Transportation Conference
Lockheed Martin successfully demonstrated their UAV optimization technologies using aerial command and control of multiple unmanned aerial vehicles. The demonstration marks another successful milestone in the joint WUT-Lockheed Martin advanced applied research program on optimization of diverse fleets of aircraft, and concepts associated with manned-unmanned command and control of airborne platform..."/>
Warsaw University Of Technology Reaches "New Heights" In Unmanned Aerial Systems Optimization Research Partnership With Lockheed Martin
CNH Industrial announces senior appointment
Delta Air Lines reported Friday a $100 million hit to its revenue caused by the system outage last month. The Atlanta-based airline canceled about 2,300 flights in the wake of a power failure on Aug. 8 that was caused by misconfigurations of a backup power supply for its servers. The company announced the effects in a performance report it routinely issues at the start of a month."/>
BRIEF: System outage at Delta cost the airline $100 million in revenue [Star Tribune (Minneapolis)]
Sensex, Nifty close at 17-month high [Mint, New Delhi]
Lockheed Martin successfully demonstrated their UAV optimization technologies using aerial command and control of multiple unmanned aerial vehicles. The demonstration marks another successful milestone in the joint WUT-Lockheed Martin advanced applied research program on optimization of diverse fleets of aircraft, and concepts associated with manned-unmanned command and control of..."/>
Warsaw University Of Technology Reaches "New Heights" In Unmanned Aerial Systems Optimization Research Partnership With Lockheed Martin
Valmont Industries, Inc., a leading global provider of engineered products and services for infrastructure development and mechanized irrigation equipment and services for agriculture, announced today that its board of directors has promoted Stephen G. Kaniewski to the position of President and Chief Operating Officer of Valmont. The appointment is effective October 1, 2016. Kaniewski will become responsible for the daily operations of..."/>
Valmont Appoints Steve Kaniewski as Chief Operating Officer
Accuride’ s closing share price on September 1 st, 2016 and a premium of 66% to the 30- day volume-weighted average as of the same date Transaction expected to close in fourth quarter of 2016 Supports Accuride’ s continued focus on its core business and global expansion. EVANSVILLE, Ind.---- Accuride Corporation– a leading supplier of components to the North American and European commercial vehicle industries– today announced..."/>
Accuride Corporation Reaches Agreement to be Acquired by Crestview Partners
Accuride’ s focus on its core wheel and wheel-end systems businesses. EVANSVILLE, Ind.---- Accuride Corporation– a leading supplier of components to the North American and European commercial vehicle industries– announced that it has sold its Brillion Iron Works subsidiary to a subsidiary of Metaldyne Performance Group Inc., a leading provider of highly-engineered components for use in powertrain and suspension applications for the global light, commercial..."/>
Accuride Completes Sale of Brillion Iron Works
Lennox International Inc. today announced that CFO Joe Reitmeier is scheduled to present at the Vertical Research Partners 2016 Industrials Conference on Wednesday, September 7. Presentation materials can be accessed on the company's website at www.lennoxinternational.com. Lennox International is a global leader in the heating, air conditioning, and refrigeration markets."/>
Lennox International to Present at Vertical Research Partners Conference
Delta Air Lines today reported financial and operating performance for August 2016.. Consolidated passenger unit revenue for the month of August declined 9.5% year over year, as the company continues to see pressure from close-in domestic yield weakness, the ongoing supply-demand imbalance in the Transatlantic, and headwinds from its Yen hedge positions. In addition, the outage Delta suffered in August resulted in 2,300 cancelled flights..."/>
Delta Reports Financial and Operating Performance for August 2016
Metaldyne Performance Group Inc., a leading provider of highly engineered components for use in powertrain and suspension applications for the global light, commercial and industrial vehicle markets, has announced the strategic acquisition of Brillion Iron Works, a business unit of Accuride Corporation, effective September 2, 2016.. The acquisition of Brillion, Wis.-based Brillion Iron Works, which specializes in the casting..."/>
MPG Completes Strategic Acquisition of Brillion Iron Works
Speedy Hire and a hedge fund that wants its boss to quit turned even nastier yesterday. Speedy Hire is engulfed in a spat with its biggest shareholder Toscafund, which demanded the sacking of executive chairman Jan Astrand after the share price fell by half in the last year. Toscafund– which owns a 19.4 pc stake– claims Astrand lacks the' appropriate record or attitude' to deliver and should stand down."/>
Speedy hire fights activist who wants its boss to quit [Daily Mail, London]
Daily Mail, London, market report column [Daily Mail, London]
Rolls-Royce, seize control of venerated Aberdeen Asset Management and take charge of venture capital fund Electra. In the latest tussle, the hedge fund Elliott has bullied its way into contention for the hand of high street discount store Poundland and..."/>
Daily Mail, London, Alex Brummer column [Daily Mail, London]
Ener-Core, Inc., a leading provider of Power Oxidation technology and equipment that generates clean power from waste and low-quality gases from a wide variety of industries, has closed a private placement of convertible unsecured notes and warrants for aggregate gross proceeds of $1.25 million. The company intends to use these proceeds for working capital and general corporate purposes. Interest on the convertible unsecured notes is payable monthly in..."/>
Ener-Core Completes Private Placement of $1.25 Million of Convertible Unsecured Notes and Warrants
Cenveo, Inc., a leading global provider of print and related resources, has been invited to present at the 2016 Liolios Gateway Conference being held September 7-8, 2016 at the Four Seasons Hotel San Francisco.. Cenveo management is scheduled to present on Wednesday, September 7 at 12:30 p.m. Pacific time, with one-on-one meetings held throughout the day. For more information about the conference or to schedule a one-on-one meeting with Cenveo..."/>
Cenveo to Present at the 5th Annual Liolios Gateway Conference on September 7, 2016
XPO Logistics Inc., Magna International Inc., Advance Auto Parts Inc., and O'Reilly Automotive Inc.. Morgan, the global sector is forecasted to continue making slow and steady progress over the coming months."/>
Services Stocks Technical Report -- XPO Logistics, Magna Intl., Advance Auto Parts, and O'Reilly Automotive

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