Industry News

Middleby Corporation today announced it will release 2016 second quarter earnings on Wednesday, August 10 after the market closes. The company has scheduled a conference call to discuss the results at 11 a.m. eastern/10 a.m. central on Thursday, August 11. The call can be accessed by dialing 391-6937 or 625-3077 and entering conference code 61236206#."/>
The Middleby Corporation Schedules Second Quarter Earnings Release and Conference Call
Delta Air Lines left hundreds of passengers stranded for up to 12 hours at Portland International Jetport on Monday. Twelve hours after a power outage knocked out its computer systems worldwide, Delta Air Lines was still struggling Monday to resume normal operations and clear backlogs of passengers stranded by canceled flights. By early afternoon, Delta said it had canceled 451 flights across the globe."/>
Delta struggling to resume flights after power outage [Portland Press Herald, Maine]
Delta Air Lines grounded flights worldwide for nearly six hours Monday, snarling flights for hundreds of thousands during the busy summer travel season because of an equipment problem. Shortly before 9 a.m., Delta said the ground stop was lifted, and limited departures were resuming, but delays and cancellations would continue. As of 1:30 p.m., Delta said it had canceled 451 flights due to a power outage, while operating about 1,679 of its nearly 6,000 scheduled for Monday."/>
PHL passengers caught in Delta tech glitch [The Philadelphia Inquirer]
Hill International Inc., the Philadelphia-based construction-management company that built the Comcast Center. On Thursday, Hill International will hold its annual meeting to address, among other things, a vote on whether the publicly held company should nominate three new outside directors. For the second year in a row, Bulldog Investors, an activist hedge fund based in Saddle Brook, N.J., has nominated outsiders for posts on..."/>
Round Two for Hill International, activist hedge fund [The Philadelphia Inquirer]
Team, Inc. Reports Second Quarter 2016 Results
SkyWest, Inc., today reported 169,513 block hours in July 2016, compared to 183,039 block hours in July 2015, a decrease of 13,526 or 7.4%. The net decrease was consistent with SkyWest's fleet transition plan to improve the mix of aircraft in its fleet by adding new E175 aircraft, while reducing its 50- seat jets. The year-over-year net change was primarily driven by approximately 6,700 additional block hours from its E175 aircraft and a..."/>
SkyWest, Inc. Reports Combined July 2016 Traffic for SkyWest Airlines and ExpressJet Airlines
HNI Corporation announces that Kurt Tjaden, Senior Vice President and Chief Financial Officer, will be presenting at the Invest Minnesota 5 th Annual Investors Conference in Minneapolis, Minnesota, hosted by the CFA Society of Minnesota. The presentation is scheduled for August 23 at approximately 2:30 p.m. Central. The associated presentation materials will be available on HNI Corporation's website at http://www.hnicorp.com on..."/>
HNI Corporation Announces Presentation At The Invest Minnesota Investor Conference
Delta Air Lines will provide $200 in travel vouchers to all customers who experienced a delay of greater than three hours or a cancelled flight as a result of today's systemwide outage. The vouchers are available for travel on all Delta and Delta Connection-operated flights. "We know that travelers value our commitment to excellent operational performance, and today we did not deliver on that commitment," said Gil West, Delta's Senior Executive..."/>
Delta offers compensation for customers affected by systemwide outage
Delta Air Lines faced massive delays Monday morning after a computer system outage grounded planes worldwide for hours. The power outage started in Atlanta, where Delta's corporate offices are located, at about 2:30 a.m., affecting computer systems and flights, the airline said. By 7:30 a.m., Delta said "large-scale cancellations" were expected throughout the day."/>
Delta outage leads to major delays at South Florida airports [The Miami Herald]
Hertz Global Holdings, Inc. today reported a second quarter 2016 net loss from continuing operations of $28 million, or $0.33 per share, compared with net income from continuing operations of $13 million, or $0.14 per share, during the same period last year. On an adjusted basis, the Company reported net income for the second quarter of 2016 of $35 million, or $0.41 per share, compared with net income of $74 million, or $0.80 per share, in the second..."/>
Hertz Global Holdings, Reports Second Quarter 2016 Financial Results
Ritchie Bros. reports second quarter 2016 results
Ritchie Bros. reports second quarter 2016 results
Caldwell Partners International Inc. today announced the placement of Kevin Akeroyd as global chief executive officer at Cision, a portfolio company of GTCR. With more than 25 years of experience in reshaping modern digital, social and mobile marketing, Akeroyd is well-placed to move Cision forward on the next step of its accelerated growth journey. He joins the company from Oracle Marketing Cloud, where..."/>
Caldwell Partners Places Kevin Akeroyd as new CEO at Cision
Caldwell Partners International Inc. today announced the placement of Kevin Akeroyd as global chief executive officer at Cision, a portfolio company of GTCR. With more than 25 years of experience in reshaping modern digital, social and mobile marketing, Akeroyd is well-placed to move Cision forward on the next step of its accelerated growth journey. He joins the company from Oracle Marketing Cloud, where he was..."/>
Caldwell Partners Places Kevin Akeroyd as new CEO at Cision
Electrovaya Inc. today announced that it will release the financial results for the quarter ended June 30, 2016 on Thursday August 11th, 2016 after the markets close. The Chairman and CEO Dr. Sankar Das Gupta and EVP& CFO Richard Halka will host a conference call on Friday August 12th, 2016 at 8:00 a.m. Eastern Time to discuss the results and provide a business update."/>
Electrovaya Announces Date of Earnings Release and Conference Call to Discuss the Third Quarter 2016 Financial Results
United Reports July 2016 Operational Performance
Air Transport Services Group, Inc., the leading provider of medium wide-body freighter aircraft leasing, air cargo transportation, and related services, today reported consolidated financial results for the quarter ended June 30, 2016.. For the second quarter of 2016, compared with the second quarter of 2015:."/>
ATSG's Second Quarter Results On Track Toward 2016 Targets
BWX Technologies, Inc. today reported second quarter 2016 revenues of $402.4 million compared to $357.1 million in the second quarter of 2015, representing about 13% revenue growth. GAAP earnings per share from..."/>
BWX Technologies Announces Second Quarter 2016 Results
InnerWorkings, Inc., the leading global marketing execution firm, today announces preliminary revenue and gross profit for the second quarter, reaffirms guidance for 2016, and reschedules the second quarter earnings release and conference call. Preliminary Second Quarter 2016 Results."/>
InnerWorkings Reports Increase in Second Quarter 2016 Revenue and Gross Profit; Reaffirms 2016 Guidance
GP Strategies Corporation announced today that it has appointed Samuel Robinson to its Board of Directors on August 8, 2016. Robinson is the President of Sagard Capital Partners Management Corporation, the investment manager of Sagard Capital Partners, L.P., which is GP Strategies' largest shareholder with beneficial ownership of approximately 21% of the Company's issued and..."/>
GP Strategies Announces Samuel Robinson Elected to Board of Directors
GP Strategies Corporation announced today that Dan Friedberg has stepped down from its Board of the Directors. "Dan has been a tremendous partner since he joined our board in December 2009. When Dan joined the GP Strategies Board, our stock was trading at $7 and we were generating revenues of about $220 million and operating income of $3.1 million."/>
GP Strategies Announces that Dan Friedberg has Stepped Down from the Board of Directors

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