Industry News

Caterpillar Financial Services Corporation, a wholly owned subsidiary of Caterpillar Inc., announced today the results, as of 5 p.m. EDT September 20, 2016, and the determination of the pricing terms of its previously announced private offers to exchange certain of its outstanding medium-term notes for a combination of a new issue of the Company's Medium-Term Notes, Series H, 1.931% Notes due 2021 and cash. Based on information provided by D.F."/>
Caterpillar Financial Announces Results as of Early Participation Date and Determination of Pricing Terms of Exchange Offers
Caterpillar Financial Services Corporation, a wholly owned subsidiary of Caterpillar Inc., announced today the results, as of 5 p.m. EDT September 20, 2016, and the determination of the pricing terms of its previously announced private offers to exchange certain of its outstanding medium-term notes for a combination of a new issue of the Company's Medium-Term Notes, Series H, 1.931% Notes due 2021 and cash. Based on information provided by D.F."/>
Caterpillar Financial Announces Results as of Early Participation Date and Determination of Pricing Terms of Exchange Offers
Meet TeamIndus, India's moonwalkers [Mint, New Delhi]
Veidekke ASA: MANDATORY NOTIFICATION OF TRADE
Virgin America flight attendants have voted to reject the first contract offer negotiated with management by the Transport Workers Union, leaving the union in a confused position before the carrier's merger with Alaska Airlines is completed. The proposed contract for Virgin's more than 1,000 flight attendants would have provided an immediate 7.5 percent pay increase plus a signing bonus and further pay hikes after the merger is wrapped up. The vote was 490-415 to..."/>
Virgin America flight attendants reject contract offer, sowing confusion before Alaska Air merger [The Seattle Times]
Lockheed Martin, Sikorsky's corporate parent, to remain in Connecticut and build the CH-53K King Stallion helicopter here would have had a catastrophic impact on the state's economy, Malloy said prior to a press conference Wednesday in which details of the deal were..."/>
Malloy: Sikorsky deal a no-brainer for Connecticut [New Haven Register, Conn.]
Punjab National Bank, the lead lender in the ABG..."/>
Lenders finalizing debt restructuring package for ABG Cement [Mint, New Delhi]
Orient Paper and Industries Ltd decided to demerge its electrical appliances division to unlock shareholder value, a top official said. Last week, the CK Birla group company said it will separate its paper and appliance businesses and raise Rs50 crore through a rights issue to repay loans. "The earlier conglomerate model of running multiple businesses under one company does not get you fair valuation," said managing director Manohar Lal Pachisia said in an..."/>
Orient Paper to demerge electrical appliances division [Mint, New Delhi]
Terex Corporation, announced today that it is soliciting consents from holders of its 6.00% Senior Notes due 2021 and 6.50% Senior Notes due 2020 to obtain certain waivers from the asset sale covenants in the indentures governing the Notes. In order to maximize Terex’ s flexibility with its implementation of the previously announced disposition of its Material Handling and Port Solutions business to Konecranes Plc and the timing and use of the net cash..."/>
Terex Corporation Announces Commencement of Consent Solicitation
UniFirst Corp.' s 13,000- square-foot facility, under construction on Crescent Circle to the east of Patterson Dental, is expected to open this fall at the park on the city's northwest side. Workers broke ground this summer on the $1.6 million facility, which will be used to supply uniforms and other..."/>
UniFirst to soon open at Blackthorn park in South Bend [South Bend Tribune, Ind.]
Lockheed Martin has apparently found a fix for the F-35s temporarily grounded because of faulty insulation and hopes to have them repaired by the end of the year, according to reports out of the Air Force Association's Annual Air, Space and Cyber conference. Last week, the Air Force grounded 15 F-35s after that insulation wrapped around coolant lines was crumbling, including two built for Norway. The insulation, provided by a subcontractor, was also installed on 42 fighter..."/>
BRIEF: Lockheed plans to fix insulation on grounded F-35s by December [Fort Worth Star-Telegram]
Triumph Group will consolidate its Bethel, East Lyme and Bloomfield facilities into one location in Windsor, the company announced on Tuesday. Triumph designs, manufactures and repairs aircraft components and accessories. It is based in Berwyn, Pennsylvania."/>
Triumph to close Bethel location as part of consolidation [The Hour, Norwalk, Conn.]

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Most Popular Sectors in the News
Sectors Articles in the last 7 days
Information Technology652 Articles
Consumer Discretionary585 Articles
Financials437 Articles
Health Care379 Articles
Industrials371 Articles

Sponsored Financial Commentaries

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact , please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.