Industry News

AGCO Corp, a worldwide manufacturer and distributor of agricultural equipment, announced on Tuesday the declaration by its board of directors of a regular quarterly dividend of USD0.13 per common share. This dividend will be paid on 15 September 2016 to all stockholders of record as of the close of business on 15 August 2016.. AGCO designs, manufactures and distributes agricultural solutions and supports more productive farming through its full line of equipment and related..."/>
AGCO’s board declares USD0.13 quarterly dividend
Federal Signal Corporation revealed on Tuesday that its board of directors approved a quarterly cash dividend of USD0.07 per share on the company's common stock. All stockholders of record at the close of business on 16 August 2016 will receive the dividend payment on 26 August 2016.. Federal Signal designs and manufactures a suite of products and integrated solutions for municipal, governmental, industrial and commercial customers in the US, Europe and Canada mainly."/>
Federal Signal announces dividend of USD0.07 per share
Cubic Global Defense, a business unit of Cubic Corporation, announced on Tuesday the award of a USD13.9m contract from Oasis Advanced Engineering to produce and deliver Crewstation Subsystems in support of the Bradley Fighting Vehicle Conduct of Fire Trainer. The COFT enables the BFV unit to perform critical skills required in combat and designed for gunnery proficiency. OASIS is the prime contractor for this programme to support the US Army's Program Executive Office for..."/>
Cubic announces USD13.9m contract award to support US Army’s Bradley Fighting Vehicle Conduct of Fire Trainer
3M posts net income of USD1.29bn in Q2 2016
Caterpillar Inc. today announced profit per share of $0.93 for the second quarter of 2016, a decrease from $1.31 per share in the second quarter of 2015. Excluding restructuring costs, profit per share was $1.09, down from $1.40 per share in the second quarter of 2015. Second-quarter 2016 sales and revenues were $10.3 billion, down from $12.3 billion, or 16 percent, in the second quarter of 2015.."/>
Caterpillar Reports Second-Quarter 2016 Results; Second Quarter Better Than Expected / Revised Full-year Outlook In Line With Wall Street Estimates
Astec Industries. But the Chattanooga-based maker of equipment for building, paving and mining industries is facing a bumpier road overseas with currency devaluations and a weakening global energy market cutting international sales this year. Astec said Tuesday its second quarter earnings jumped nearly 55 percent over a year..."/>
Astec Industries shares are at an all-time high [Chattanooga Times Free Press, Tenn.]
Rollins Inc declared on Tuesday that its board of directors authorised a regular common stock cash dividend of USD0.10 per share. All stockholders of record at the close of business 10 August 2016 will receive the dividend payment on 9 September 2016.. Through its subsidiaries, Rollins provides pest and termite control services to homes and businesses in Australia, the US, Canada, Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa and Mexico."/>
Rollins declares quarterly dividend of USD0.10 per share
Enphase Energy, Inc., a global energy technology company, today announced it has entered into strategic partnerships with four key distribution partners which will further strengthen Enphase's operations and influence in Benelux. The companies will distribute the world-leading Enphase microinverter system to key installers across Belgium, The Netherlands, and Luxembourg. The new distribution partners include:."/>
Enphase Energy Expands Customer Base in Benelux
Systemair AB with broken fiscal year 1 May to 30 April, the Annual General Meeting will be held on Thursday, 25 August 2016 at 3 p.m. in the auditorium, Systemair Expo, in Skinnskatteberg.. Convening notice to the Annual General Meeting, the proposed agenda and the proposed decisions in its entirety, is attached to this press release and published on the company's website On the website there is also a proxy form and the ability to sign up for participation in the..."/>
Systemairs Annual General Meeting on 25 August 2015
Accuride Corp., a supplier of components for commercial vehicles in North American and European markets, reported second quarter 2016 net sales of $164.1 million, a decrease of $21.3 million, or 11.5 percent, compared to the second quarter of 2015.. The company achieved positive net income of $2.5 million, or earnings of $0.05 per share, in the second quarter. That's down from $0.13 per share in the second quarter of 2015, when revenues were much higher due to near-record..."/>
Accuride Corp. reports second quarter results [The Gleaner, Henderson, Ky.]
Jaiprakash Power Ventures Ltd, part of the debt-laden Jaypee Group, on Tuesday said its lenders have recommended the invocation of strategic debt restructuring. The power producer will be the second group company after Jaiprakash Associates Ltd, where lenders have recommended or discussed invoking SDR. "The lenders are planning on an SDR in the power arm because it allows them some time to manage a standard asset classification."/>
Jaiprakash Power lenders to invoke strategic debt revamp [Mint, New Delhi]
Jaiprakash Power Ventures Ltd of Rs.656 crore and Rs.2, 272.46 crore to' D' or a default rating from' B'. The agency also reaffirmed its' D' rating on long-term bank facilities of Rs.12, 241.53 crore. Care Ratings also said it has withdrawn Jaiprakash's Rs.2, 272.46 crore bank facilities pertaining to its Bina thermal power plant from its credit watch."/>
Care Ratings downgrades bank facilities of Jaiprakash Power to 'D' [Mint, New Delhi]
Yamaha establishes second R&D centre in India [Mint, New Delhi]
IRB Infrastructure Developers Ltd and Sterlite Power Grid are gearing up to list their Infrastructure Investment Trusts, and one of them will be the first in India to do so, according to three people aware of the development. Toll road developer IRB is looking to file its so-called draft red herring prospectus for its InvIT as early as around the middle of August, said one of the three people cited above. InvITs are trusts that manage income-generating..."/>
Sterlite?Power,?IRB Infrastructure inch closer to InvIT launches [Mint, New Delhi]
Huntington Ingalls Industries nearly $195 million to continue advance work toward the mid-life overhaul of the aircraft carrier USS George Washington. The overhaul will be performed at HII's Newport News Shipbuilding division. The George Washington is currently at Naval Station Norfolk."/>
Huntington Ingalls awarded $195M toward carrier overhaul [Daily Press (Newport News, Va.)]
Tennant Co. posted a 3.4 percent increase in earnings for the second quarter, carried by record sales in the Americas region. The Golden Valley-based maker of floor cleaning machines posted net income of $15.3 million for the quarter, up from $14.8 million in the same quarter of 2015.. Diluted earnings per share for April, May and June were 85 cents per share, up 7.6 percent from the 79 cents per share in the same quarter last year."/>
Tennant posts positive second-quarter results, buoyed by record sales in Americas region [Star Tribune (Minneapolis)]

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