Industry News

Lockheed Martin announced today a final proration factor of approximately 8.05 percent for its exchange offer for shares of Lockheed Martin common stock in connection with the transaction to separate its Information Systems& Global Solutions business segment and merge it with a subsidiary of Leidos Holdings, Inc., which successfully closed on August 16, 2016.. Based on the final count by the exchange agent, a total of 95,518,064 shares of..."/>
Lockheed Martin Announces Final Proration Factor of Approximately 8.05 Percent for Shares Tendered in Exchange Offer for IT and Technical Services Businesses
Avis Budget Group, Inc. today announced that Arthur Orduña has been appointed Chief Innovation Officer, effective August 29, 2016. In this newly established position, Mr. Orduña will be charged with working cross-functionally to deliver state-of-the-art solutions to keep pace with changing customer expectations and to drive sustained, profitable growth."/>
Avis Budget Group Names Arthur Orduna Chief Innovation Officer
Builders FirstSource, Inc., a leading supplier and manufacturer of structural and related building products for residential new construction and home repair and remodeling in the United States, today announced that it has closed its private offering of $750.0 million aggregate principal amount of 5.625% Senior Secured Notes due 2024 and repriced its previous $600.0 million senior secured term loan facility through an amendment to its term loan credit..."/>
Builders FirstSource Closes Offering of $750.0 Million of 5.625% Senior Secured Notes due 2024 and Reprices Senior Secured Term Loan Facility due 2022 at LIBOR +3.75%
Lime Energy Co. has been awarded a three-year contract with AEP Kentucky Power, a unit of American Electric Power, to implement the AEP Kentucky Power Express Install Program. The program is designed to reach small and mid-size businesses with peak demand under 100 kW and will pay up to 70 percent of the project cost to install..."/>
Lime Energy Awarded Small Business Direct Install Contract with AEP Kentucky Power
Avation plc has purchased and completion of the delivery of the third factory new Airbus A321-200 aircraft to Vietnamese carrier Vietjet, the company said. This aircraft is an additional new aircraft delivery direct from the Airbus production facility in Hamburg, Germany. The Airbus is equipped with CFM International CFM56-5B3/3 engines and seating for 230 passengers, the highest seat density..."/>
Singaporean Aircraft Lessor Avation Buys A321-200
root9B Technologies has approved a series of actions that will shift the organization to a "pure play" cybersecurity company and will seek shareholder approval for a reverse stock split. Joe Grano, Chief Executive Officer of root9B Technologies, has received approval from the Board of Directors to pursue shareholder approval to commence a reverse stock split in order to uplist the company's shares. "The status of our company's shares..."/>
Root9B Technologies Announces Strategic Shift to Pure Cybersecurity
ArcBest Corporation ® is pleased to announce that ABF Freight ® and Panther Premium Logistics ® have been honored with 2016 Quest for Quality Awards by Logistics Management Magazine. ABF Freight and Panther Premium Logistics are among winners in the expedited motor carrier category. The award marks the fourth consecutive selection and fifth overall for ABF Freight."/>
ABF Freight, Panther Premium Logistics Earn Quest for Quality Awards
Air Canada will today begin flying members of Canada's Olympic team back to Canada from the Rio 2016 Olympic Games this evening, with flights arriving at Toronto Pearson airport early in the morning of Tuesday, August 23.. "As an Official Sponsor of Canada's Olympic and Paralympic teams, we are proud to play our part by safely transporting competitors, team officials and their..."/>
Air Canada Proudly Brings Canada's Olympic Athletes Home
Huntington Ingalls Industries announced today that its Newport News Shipbuilding division has received a $52 million contract from the U.S. Navy for nuclear propulsion and complex modernization work on the aircraft carrier USS Harry S. Truman as part of its planned incremental availability.. The contract covers planning, material procurement, prefabrication, manpower, support services, design integration, engineering and management support,..."/>
PHOTO RELEASE--Huntington Ingalls Industries Awarded $52 Million Modernization Contract for USS Harry S. Truman (CVN 75)
Lighting Science Launches the Durabulb
Alterra Home Loans LLC."/>
Mortgage M&As Move Forward [Mortgage Daily]
Facebook's mantra for its developers once was, "Move fast and break things." It's a common theme among young companies: Strive to attain as much new business as possible. Yet gearing for growth is easy to overlook, and its possible effects can cause irreversible damage."/>
Managing new business growth -- one day at a time [Pittsburgh Post-Gazette]
Standex International Corporation will announce its fourth-quarter fiscal 2016 financial results prior to the open of the market on Thursday, August 25, 2016 and will broadcast its conference call live over the Internet at 10:00 a.m. ET that day. On the call, David Dunbar, President and CEO, and Thomas DeByle, CFO, will review the Company’ s fourth quarter financial results and business highlights. Investors interested in listening to the webcast and viewing the..."/>
Standex Announces Fourth-Quarter 2016 Financial Results and Business Update Conference Call and Webcast
Elbit Systems of America, a subsidiary of Elbit Systems Ltd, along with its local partners, hosted an Unmanned Aircraft Systems field day today, August 22, at the Hillsboro Regional Airport to highlight its recent HERMES ® 450 flights over North Dakota. Governor Drew Wrigley, who served as Master of Ceremonies."/>
HERMES® 450 Soars During the North Dakota UAS Field Day
Orbital ATK, Inc. in the United States District Court for the Eastern District of Virginia on behalf of investors who purchased and/or acquired the Company's securities between June 1, 2015 and August 9, 2016, inclusive. Orbital shareholders who purchased their securities during the Class Period may, no later than October 11, 2016,..."/>
Kessler Topaz Meltzer & Check, LLP Announces Shareholder Lawsuit Filed Against Orbital ATK, Inc.

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