Industry News

Pangaea Logistics Solutions, Ltd., a global provider of comprehensive maritime logistics solutions, today announced several recent developments in their business activities including the addition of new vessels to its fleet and new and expanded contracts of affreighment. First, the Company has bolstered its fleet with the addition of two supramax vessels that it will manage technically and commercially under a profit sharing..."/>
Pangaea Logistics Solutions Provides Business Update
Arotech Corporation, a provider of quality defense and security products for the military, law enforcement and homeland security markets, announced that it will release results for the quarter ended June 30, 2016, on Monday, August 8, 2016, after the market close. Steven Esses, President and Chief Executive Officer, and Tom Paup, Chief Financial Officer, will host a conference call on Monday, August 8, 2016, at 5:00pm Eastern Time, to review..."/>
Arotech to Report Second Quarter 2016 Results Release on Monday, August 8, 2016
ICF International, a leading provider of professional services and technology-based solutions to government and commercial clients, was recently awarded a new contract with Great Plains Energy Services to support subsidiary Kansas City Power and Light’ s residential energy efficiency programs. The contract has a value of approximately $11 million and a term of three years. Under the contract, ICF will deliver KCP&L’ s comprehensive portfolio of residential..."/>
ICF International Awarded Approximately $11 Million Contract to Deliver Kansas City Power and Light’s Residential Energy Efficiency Programs
Vicor Corporation today reported financial results for the second quarter and six months ended June 30, 2016. These results will be discussed later today at 5:00 p.m. Eastern Time, during management's quarterly investor conference call. The details for the call are presented below. Revenues for the second quarter ended June 30, 2016 decreased to $52,941,000, compared to $56,119,000 for the corresponding period a year ago, but increased from..."/>
Vicor Corporation Reports Results for the Second Quarter Ended June 30, 2016
Griffon Corporation announced today that it will release the Company’ s third quarter financial results Wednesday, August 3, 2016, followed by a conference call at 4:30 PM ET. The call can be accessed by dialing 1-877-604-9665 or 1-719-325-4761. Callers should ask to be connected to the Griffon Corporation teleconference or provide conference ID number 2864114.."/>
Griffon Corporation Schedules Conference Call To Discuss Third Quarter 2016 Financial Results
Hub Group, Inc. today announced financial results for the quarter ended June 30, 2016.. Hub Group reported net income of $20.7 million for the second quarter ended June 30, 2016 compared to $18.5 million in the second quarter of 2015. Hub Group's diluted earnings per share was $0.61 for the quarter."/>
Hub Group, Inc. Reports Record Second Quarter 2016 Earnings
Sunrun Inc., the largest dedicated residential solar company in the United States, today announced its partners in Hawai‘ i can offer Sunrun BrightBox TM solar plus energy storage systems and Hawai‘ i residents can buy Sunrun BrightBox directly at big box retailers. With BrightBox, Hawai‘ i residents can enjoy affordable clean energy day and night through a monthly or prepaid lease for little to no money down.. It is easier than ever for local..."/>
Sunrun Partners Offer BrightBox™ Solar Power Plus Energy Storage Systems in Hawai‘i
Knafaim Holdings Ltd. unit Global Knafaim Leasing has completed a deal to purchase an Airbus 330-300 aircraft from an international aircraft leasing company. The aircraft is leased to a European airline, which is a subsidiary of a large international tourism group. This is the seventh airplane that the Israeli company has purchased since the fourth quarter of 2013, as part of its strategic plan to renew and expand its fleet."/>
Leasing co Global Knafaim buys another Airbus [Globes, Tel Aviv, Israel]
Hertz Global Holdings, Inc.. Frecker has served as the company's acting general counsel since April. "Rick has performed exceptionally throughout his eight years with the company and is held in high regard throughout our organization," said John Tague, Hertz Global Holdings president and chief executive officer."/>
Hertz Global Appoints Rick Frecker Executive Vice President and General Counsel
Ritchie Bros. Auctioneers Incorporated, the world's largest industrial auctioneer, invites interested parties to participate in its second quarter 2016 earnings conference call, occurring on Tuesday, August 9, 2016 at 11:00 am Eastern time/ 8:00 am Pacific time/ 4:00 pm BST. During the call company executives will discuss Ritchie Bros.' earning results and answer questions from analysts and institutional investors."/>
Ritchie Bros. Auctioneers to Host Second Quarter 2016 Earnings Conference Call on August 9, 2016
Ritchie Bros. Auctioneers Incorporated, the world's largest industrial auctioneer, invites interested parties to participate in its second quarter 2016 earnings conference call, occurring on Tuesday, August 9, 2016 at 11:00 am Eastern time/ 8:00 am Pacific time/ 4:00 pm BST. During the call company executives will discuss Ritchie Bros.' earning results and answer questions from analysts and institutional investors."/>
Ritchie Bros. Auctioneers to Host Second Quarter 2016 Earnings Conference Call on August 9, 2016
Caterpillar reported falling earnings in the most recent quarter and as a result, job losses are expected in the second half of the year, but the company isn't saying where those losses will fall. Caterpillar Inc. reported consolidated sales and revenue of $10.3 billion for the second quarter of 2016, down 16 percent from $12.3 billion in the second quarter of 2015.. The company also announced profit per share of 93 cents for..."/>
Falling revenue leads to expected job cuts at Caterpillar [Dayton Daily News, Ohio]
H2O Innovation Inc. announces the completion of the previously announced acquisition of all the memberships interests of Utility Partners, LLC, a US-based company specializing in the operation and maintenance of water and wastewater treatment plants, for a total consideration of US $17.0 M."/>
H2O Innovation Announces Completion of the Acquisition of Utility Partners, Closing of Concurrent Private Placements for Approximately $23 M
Chicago home prices on the rise [Chicago Tribune]
Eaton Corporation plc and certain of its senior executives for violations of Sections 10 and 20 of the Securities Exchange Act of 1934 and U.S. Securities and Exchange Commission Rule 10 b-5. Investors who purchased or otherwise acquired shares between November 13, 2013 and July 28, 2014 inclusive are encouraged to contact the firm in advance of the September 23, 2016 lead plaintiff motion..."/>
INVESTOR NOTICE: Goldberg Law PC Announces Securities Class Action Lawsuit Against Eaton Corporation plc and Encourages Investors With Losses to Contact the Firm
General Dynamics NASSCO marked its seventh ship delivery in the span of just over a year. The Garden State, an ECO Class tanker built for longtime customer American Petroleum Tankers, was delivered during a special signing ceremony and is one of three classes of ships delivered by the San Diego-based shipyard since June of last year. "In the past year, NASSCO shipbuilders have delivered seven ships– or the equivalent to 100,000..."/>
General Dynamics NASSCO Marks Seventh Ship Delivery in Just Over a Year
United Technologies Corp. on Tuesday posted better than expected second-quarter revenue and profit and raised its profit outlook for the year. The Farmington-based manufacturer of elevators, jet engines and building systems reported net income of $1.37 billion, or $1.71 per share. Analysts surveyed by Bloomberg expected net income for the quarter ended June 30 at slightly less than $1.37 billion, or $1.68 per share."/>
UTC Posts Better-Than-Expected 2nd Quarter Profit, Revenue [The Hartford Courant]
International Wire Group, Inc. announced today that it has completed the offering of $260.0 million of its 10.750% Senior Secured Notes due 2021. The Notes bear interest at a rate of 10.750% per annum. IWG will pay interest semi-annually on February 1 and August 1, beginning on February 1, 2017."/>
International Wire Group, Inc. Announces Closing of Senior Secured Note Offering

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