Industry News

Canadian Pacific Railway Limited. TORONTO, Aug. 10, 2016/ CNW/- S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:. Canadian Pacific Railway Limited has announced that Pershing Square Capital Management L.P. has sold its entire 9.8 million shares in the company."/>
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
MDA signs contracts for RADARSAT-2 information
Russel Metals Inc. announced today that it has declared a dividend in the amount of Cdn $0.38 per share on its common shares, payable on September 15, 2016 to shareholders of record at the close of business on August 29, 2016.. Russel Metals is one of the largest metals distribution companies in North America. It carries on business in three metals distribution segments: metals service centers, energy products and steel distributors, under various names..."/>
Russel Metals Declares Common Share Dividend
Russel Metals Inc. announced today that it has declared a dividend in the amount of Cdn $0.38 per share on its common shares, payable on September 15, 2016 to shareholders of record at the close of business on August 29, 2016.. Russel Metals is one of the largest metals distribution companies in North America. It carries on business in three metals distribution segments: metals service centers, energy products and steel distributors, under various..."/>
Russel Metals Declares Common Share Dividend
Russel Metals Inc. today announced financial results for the second quarter ended June 30, 2016.. For the 2016 second quarter, we reported net income of $16 million or $0.27 per share on revenues of $624 million. Our metals service centers and steel distributor operations had improved results throughout the second quarter driven by improved margins and a recovery in steel prices."/>
Russel Metals Announces 2016 Second Quarter Results
Russel Metals Inc. today announced financial results for the second quarter ended June 30, 2016.. For the 2016 second quarter, we reported net income of $16 million or $0.27 per share on revenues of $624 million. Our metals service centers and steel distributor operations had improved results throughout the second quarter driven by improved margins and a recovery in steel prices."/>
Russel Metals Announces 2016 Second Quarter Results
Magellan Aerospace Corporation announced today that its Board of Directors declared a quarterly cash dividend of $0.0575 per share on the Corporation's common shares. The dividend is payable on September 30, 2016, to stockholders of record at the close of business on September 9, 2016.. About Magellan Aerospace Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and..."/>
Magellan Aerospace Announces Quarterly Dividend
Cervus Equipment Corp. today announced its financial results and operational highlights for the quarter ended June 30, 2016.. "This quarter, Cervus realized the benefits of cost reductions initiated in 2015, as reduced expenses mitigated the impact of the challenging markets on our Western Canadian Commercial and Industrial and Saskatchewan transportation operations. Further, we remain disciplined in our inventory management, achieving a $52.3..."/>
Cervus Equipment Corp. announces second quarter 2016 results
Northern Power Systems Corp., a next generation renewable energy technology company, today announced that as it makes progress toward concluding the monetization of its utility wind technology, the Company will be re-aligning its..."/>
Northern Power Systems Announces Leadership Transition with Focus on Distributed Energy Solutions
Northern Power Systems Corp., a next generation renewable energy technology company, today announced that as it makes progress toward concluding the monetization of its utility wind technology, the Company will be..."/>
Northern Power Systems Announces Leadership Transition with Focus on Distributed Energy Solutions
Eaton Corporation plc in the U.S. District Court for the Southern District of New York. The complaint is brought on behalf of all purchasers of Eaton securities between November 13, 2013 and July 28, 2014, for alleged violations of the Securities Exchange Act of 1934 by Eaton's officers and directors."/>
Robbins Arroyo LLP: Eaton Corporation plc (ETN) Misled Shareholders According to a Recently Filed Class Action
Eagle Bulk Shipping Inc. today announced that it has closed its previously announced private placement of its common stock for aggregate gross proceeds of $88.0 million. After giving effect to the Company's previously announced reverse stock split of its issued and outstanding shares of common stock, including the rounding down of fractional shares pursuant to such split, the private placement included the issuance of 29,333,318..."/>
Eagle Bulk Shipping Inc. Announces Closing of $88.0 Million Private Placement of Common Stock
Masonite International Corporation today announced results for the three and six months ended July 3, 2016.. Net sales increased $37.6 million, or 8% compared to the second quarter of 2015, to $514.0 million. Excluding foreign exchange, net sales would have increased 10%. Net income attributable to Masonite increased $20.0 million to $33.4 million in the second quarter of 2016, including a discrete $6.2 million tax benefit. Adjusted EBITDA 1 increased $9.4..."/>
Masonite International Corporation Reports 2016 Second Quarter Results
Ovivo Inc., announced today that it has filed its Management Information Circular and related materials with securities regulatory authorities in preparation for its special meeting of shareholders to be held at 10:00 a.m. on September 9, 2016 at the Hotel Omni Mont-Royal, Salon Automne, 1050 Sherbrooke Street West, Montreal, Québec H3A 2 R6. The Circular and related materials have been mailed to shareholders of record on July 29, 2016, who..."/>
Ovivo Files Management Information Circular in Connection with Special Meeting of Shareholders to be held on September 9, 2016
KBR Dividend Declaration
BMC Stock Holdings, Inc. announced today the commencement of a public offering of 2,400,000 shares of its common stock by certain stockholders, including affiliates of The Gores Group, LLC and affiliates of Davidson Kempner Capital Management LP pursuant to a prospectus supplement filed with the Securities and Exchange Commission. No shares of common stock are being sold by BMC. The underwriters will offer the shares from time to time for sale in..."/>
BMC Stock Holdings, Inc. Announces Commencement of Public Offering by Selling Stockholders
EnerSys the global leader in stored energy solutions for industrial applications, announced today its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock payable on September 30, 2016 to holders of record as of September 16, 2016.. EDITOR'S NOTE: EnerSys, the global leader in stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries,..."/>
EnerSys Announces Quarterly Dividend
TCP International Holdings Ltd., a leading global manufacturer and distributor of energy efficient lighting technologies, today announced that Chief Executive Officer K.R. "Kaj" den Daas has resigned for personal reasons, effective October 3, 2016.. The Board of Directors named Brian Catlett, currently Chief Financial Officer, as interim CEO and Zachary Guzy, currently the Company's Global Corporate Controller, as interim CFO, as of October..."/>
TCP Announces Resignation of K.R. "Kaj" den Daas as CEO and Appointment of Brian Catlett as Interim CEO; Provides Update on Audit Committee Investigation
Mercury Systems, Inc., announced it received a $2 million follow-on order from a U.S. government facility for advanced digital transceivers for an electronic warfare application. The order was booked in the Company’ s fiscal 2016 fourth quarter and is expected to be shipped by its fiscal 2017 third quarter.. “This follow-on order underscores the confidence our customer has in Mercury as a trusted partner in the development and deployment of this..."/>
Mercury Systems Receives $2M Order for Advanced Digital Transceivers for Electronic Warfare Application
EnerSys the global leader in stored energy solutions for industrial applications, announced today results for its first quarter of fiscal 2017, which ended on July 3, 2016.. Net earnings attributable to EnerSys stockholders for the first quarter of fiscal 2017 were $44.6 million, or $1.02 per diluted share, including an unfavorable highlighted net of tax impact of $0.12 per share from charges of $0.8 million for restructuring plans, $4.6..."/>
EnerSys Reports First Quarter Fiscal 2017 Results
TPI Composites, Inc.,, the largest U.S.-based independent manufacturer of composite wind blades, announced today that it has extended and expanded its long-term agreement with Nordex to continue to supply wind blades from its existing Izmir, Turkey manufacturing facility through 2020. Annual volume is also being increased as a result of TPI’ s improvements in cycle time and productivity. TPI’ s manufacturing capacity in Turkey for Nordex is used to..."/>
TPI Composites Extends its Supply Agreement with Nordex in Turkey
Twin Disc, Inc., today announced that it will release its fiscal 2016 fourth-quarter financial results before the market opens on Thursday, August 18, 2016. In conjunction with the earnings release, Twin Disc will be hosting a conference call to discuss these results and to answer questions at 11:00 a.m. Eastern Time on Thursday, August 18, 2016. To participate in the conference call, please dial 888-359-3627 five to 10 minutes before the call is scheduled..."/>
Twin Disc, Inc. Announces Fiscal 2016 Fourth-Quarter Earnings Conference Call and Press Release

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