Industry News

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the second quarter and the first half of 2016.. Six Six months months 2016 2015 2016 2015---------------------------------------------------------------------------- Total Revenues 52,649 55,817 98,953 101,318---------------------------------------------------------------------------- Net income/---------------------------------------------------------------------------- EBITDA---------------------------------------------------------------------------- Adjusted EBITDA 1,630 6,262 624---------------------------------------------------------------------------- Adjusted Net income/---------------------------------------------------------------------------- Earnings/ per share basic and diluted---------------------------------------------------------------------------- Adjusted earnings/ per share basic and..."/>
Star Bulk Carriers Corp. Reports Financial Results for the Second Quarter and First Half of 2016, and Announces Agreement With Its Lenders to Defer 100% of Its Debt Repayment for 25 Months to June 30, 2018 and to Waive or Substantially Relax the Financial Covenants of Its Debt Facilities Until December 31, 2019
Star Bulk Carriers Corp. today announced it plans to make an underwritten public offering for $51.5 million gross proceeds of its common stock. The Company intends to use the net proceeds from the offering for general corporate purposes. Oaktree Capital Management, L.P., Caspian Capital LP and family members or entities owned and controlled by affiliates of the family of our Chief Executive Officer and founder, Mr."/>
Star Bulk Carriers Corp. Announces $51.5 Million Public Offering of Common Stock
Matson, Inc., a leading U.S. carrier in the Pacific, today announced the issuance of $200 million in privately placed 15- year final maturity senior unsecured notes pursuant to a previously announced commitment letter on July 18, 2016. The Notes will have a weighted average life of approximately 8.5 years and will bear interest at a rate of 3.14 percent, payable semi-annually. Proceeds of the Notes are expected to be used to pay down the Company's..."/>
Matson Announces Closing Of $200 Million Debt Private Placement
PyroGenesis Canada Inc., that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products, is pleased to announce today that, further to its press release of July 25, 2016, the Company has received the first payment of $139 K under a previously announced military contract of US $950,000, wherein the Company was contracted to provide additional testing on, and further improvements to, the Company's..."/>
PyroGenesis Receives First Payment of $139K Under Previously Announced Military Contract for US $950,000 to Upgrade Company's Plasma System for the Destruction of Chemical Warfare Agents
Eaton Corporation plc securities between November 13, 2013 and July 28, 2014, inclusive. The Complaint alleges that throughout the Class Period, Defendants..."/>
GPM Reminds Investors of the September 23rd Deadline in the Class Action Lawsuit Against Eaton Corporation plc and Encourages Investors to Contact the Firm
C.H. Robinson Makes an Impact in Miami
C.H. Robinson to Make Impact in Monterey
C.H. Robinson Gives Back to Philadelphia Metro Area
El Al Israel Airlines Ltd. continues to move forward with its Boeing Dreamliner airplane purchase mega-deal worth $1.025 billion. On Monday, the company reported signing a sale and lease back agreement with an undisclosed foreign company for two of the 787-8 planes purchased from Boeing. Once Boeing delivers the airplanes, they will be sold to the foreign company and leased back to El Al, which announced that this agreement is not expected to a have any material..."/>
El Al signs sale - lease-back deal for 2 Dreamliners [Globes, Tel Aviv, Israel]
Adama Agricultural Solutions Ltd., which produces agricultural pesticides, is one step closer to being merged into Chinese company Sanonda, listed on the Shenzhen Stock Exchange. Adama reported today that a business outline had been submitted to the Shenzhen Stock Exchange, following approval by the Sanonda board of directors. Trading in the Sanonda share is accordingly slated to resume in the coming days, after having been halted more than a year ago due to the..."/>
Sanonda board approves Adama merger [Globes, Tel Aviv, Israel]
Nielsen announced that by mid-2017, it will provide all electronic measurement in its local television ratings across all 210 designated market areas. Nielsen will incorporate Return Path Data from set-top boxes and other electronic measurement into local services, including the 140 TV markets currently measured by paper TV diaries. The integration of Return Path Data will pave the way for the retirement of paper TV diaries in early..."/>
Nielsen To Deliver All-Electronic Measurement To Local TV Markets In 2017 And Retire Paper TV Diaries In 140 Local TV Markets
United Parcel Service Inc. will hire more than 900 people in the St. Louis area, roughly the same number it hired last year, to help with holiday shipping, the company said Wednesday. The openings are a combination of seasonal and permanent jobs, including 440 package handlers, 105 package-car and tractor-trailer drivers and 360 driver helpers."/>
UPS to hire more than 900 in St. Louis area to help with holiday shipping [St. Louis Post-Dispatch]
United Parcel Service Inc. said Wednesday that it plans to hire about 95,000 seasonal and part-time workers to support the surge in business expected during the upcoming holiday shopping season. The Atlanta-based package-delivery giant, with operations in Dayton, said it expects to hire mostly primarily package handlers, drivers and driver-helpers to help with the annual holiday rush from November through January. "We're ready to kick off our annual holiday hiring..."/>
BRIEF: UPS to hire 95K for the holidays [Dayton Daily News, Ohio]
Proto Labs from an innovative technology to one of Minnesota's leading tech companies, has died of brain cancer at the age of 56.. Cleveland, who had battled brain tumors for years, retired from the Maple Plain company in early 2014. "We will remember Brad for his caring and generous nature," his wife, Pat Cleveland, said in an e-mail."/>
Brad Cleveland, who helped build Proto Labs, dies at age 56 [Star Tribune (Minneapolis)]
AGCO to Present at Morgan Stanley’s Laguna Conference
Savaria Corporation, one of North America's leaders in the accessibility industry, is pleased to announce that it has been added to the S&P/TSX Small Cap Index, effective as of the market open on Monday, September 19, 2016.. "We are honored by Savaria's inclusion in the S&P/TSX Small Cap Index. This achievement is a testament to our strong operational performance and significant growth prospects, and a further reflection of the dedication and efforts of the..."/>
Savaria Corporation Added to S&P/TSX Small Cap Index
RADA Electronic Industries Ltd. hereby announces that the reverse share split previously approved by the Company’ s shareholders on August 31, 2016 has become effective on September 14, 2016. Pursuant to the reverse split, each 2 Ordinary Shares, NIS 0.015 nominal value per share, will be converted into one Ordinary Share, NIS 0.030 nominal value per share. No fractional shares will be issued as a result of the reverse- split.."/>
RADA Announces 1-for-2 Reverse Split of Ordinary Shares Effective as of September 14, 2016
Kimball International, Inc., an Indiana-based manufacturer, today announced that Company representatives will be making presentations to the equity investment community in Indiana and Florida on September 15, 2016 and September 20, 2016, respectively. Participating in one or more of the presentations will be Bob Schneider, Chief Executive Officer and Chairman of the Board, Michelle Schroeder, Vice President and Chief Financial Officer, and Dennis..."/>
Kimball International to Present at Investor Conferences
Huntington Ingalls Industries announced today that its newly established Huntington Ingalls Industries Scholarship Fund has awarded 78 scholarships to pre-kindergarten and post-secondary students.. HII first announced in March that it was establishing a scholarship fund that would be administered by Scholarship Management Services, a division of Scholarship America. The scholarship fund was formed to provide financial assistance to..."/>
Huntington Ingalls Industries Awards Educational Scholarships

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