Industry News

Greenbrier Companies, Inc. today announced that it has closed on the previously announced acquisition of a 19.5% ownership stake in Amsted-Maxion Cruzeiro for $10 million. Based in Cruzeiro, Brazil, Amsted-Maxion Cruzeiro is a manufacturer of castings and components for railcars and other heavy equipment. In addition to Greenbrier, Amsted-Maxion Cruzeiro is owned by Amsted Rail Brasil and Iochpe-Maxion S.A., each holding 40.25% of..."/>
Greenbrier closes strategic investment in Brazil with stake in railcar castings and component manufacturing business
Terex Corporation today announced second quarter 2016 income from continuing operations of $109.6 million, or $1.00 per share, on net sales of $1.3 billion. In the second quarter a year ago, the reported income from continuing operations was $75.9 million, or $0.70 per share, on net sales of $1.4 billion. Excluding a benefit of $67.7 million related to the release of certain tax valuation allowances, after-tax charges of $19.4 million from restructuring and..."/>
Terex Announces Second Quarter 2016 Results
FreightCar America, Inc. today reported results for the second quarter ended June 30, 2016, with a net loss of $0.5 million, or$ per diluted share, compared to net income of $7.4 million, or..."/>
FreightCar America, Inc. Reports Second Quarter 2016 Results
Macquarie Infrastructure Corporation reported its financial results for the second quarter of 2016 including net income..."/>
Macquarie Infrastructure Corporation Reports Second Quarter 2016 Financial Results, Increased Dividend
Douglas Dynamics, Inc., North America’ s..."/>
Douglas Dynamics Announces Record Second Quarter 2016 Results
The Hartford Courant Dan Haar column [The Hartford Courant]
Student Transportation of America and CareerSource Northeast Florida."/>
BRIEF: Job fair at Jacksonville's Prime Osborn to feature over 30 companies seeking recruits Wednesday [The Florida Times-Union, Jacksonville]
Albany International Reports Second-Quarter Results
Luxfer Holdings PLC today announced that Mr. Clive Snowdon have been appointed to its board of directors as non-executive directors, expanding the board to eight members. Cohn is CO-CEO of Stone Canyon Industries LLC, a company he co-founded in September of 2014."/>
Luxfer Group Announces Two Non-executive Board Appointments
Odyssey Marine Exploration, Inc., a pioneer in the field of deep-ocean exploration, reported results for the second quarter ended June 30, 2016.. Performed contracted offshore services for a third-party using Odyssey technology and marine personnel resulting in revenue of $1.2 million. Executed a contract with a third-party to conduct offshore services in the third quarter 2016 that is expected to generate revenue of approximately $2.4 million...."/>
Odyssey Marine Exploration Reports Second Quarter 2016 Results
BG Staffing, Inc., a rapidly growing national provider of temporary staffing services, today reported financial results for its second quarterly period and six months ended June 26, 2016.. Revenue exceeded Q2 2015 by $12.8 million, an increase of 25.8% Gross profit increased in each of our three business segments over Q2 2015- Multifamily increased 48.4% Professional increased 52.7% Commercial increased 8.8% Operating income exceeded Q2..."/>
BG Staffing, Inc. Announces Q2 2016 Financial Results
Kennametal Inc. today announced fiscal 2016 and fourth quarter results. For fiscal 2016, the company reported a loss per diluted share of $2.83, compared with a LPS of $4.71 in the prior year. Adjusted earnings per diluted share were $1.11 in the current year compared to $2.00 in the prior year."/>
Kennametal Announces Fourth Quarter And Fiscal 2016 Results; Provides Fiscal 2017 Outlook
Rexnord Reports Q1 FY2017 Financial Results
Fluor Corporation announced today that Compagnie des Bauxites de Guinée awarded Fluor an engineering, procurement and construction management contract for the Bauxite Production Expansion Project in Kamsar, Guinea. Fluor booked the $501 million contract value into backlog in the second quarter of 2016.. The project will expand bauxite production from 14.5 million to 18.5 million tons per year and is the company’ s first of a planned three-phase expansion."/>
Fluor Awarded Bauxite Expansion Project in Guinea
SolarCity for $2.6 billion, merging two companies dominated by Elon Musk into an integrated energy company. The proposed deal must be approved by the SEC and then by stockholders. Tesla CEO Elon Musk, who did not participate in an independent panel's evaluation of the deal, said he would not vote."/>
Tesla to acquire SolarCity in $2.6 billion deal [East Bay Times]
Danaos Corporation, one of the world's largest independent owners of containerships, today reported unaudited results for the period ended June 30, 2016.. Highlights for the Second Quarter and Half Year Ended June 30, 2016:. Adjusted net income 1 of $47.7 million, or $0.43 per share, for the three months ended June 30, 2016 compared to $38.0 million, or $0.35 per share, for the three months ended June 30, 2015, an increase of 25.5%."/>
Danaos Corporation Reports Second Quarter and Half Year Results for the Period Ended June 30, 2016

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