Industry News

Marathon Patent Group, Inc., an IP licensing and commercialization company, today announced that on August 24, 2016, Judge John A. Kronstadt, district judge for the United States District Court for the Central District of California, issued a ruling in Signal IP, Inc. v. Toyota North America, et al, 2-15- cv-05162. "The Court has reviewed the Joint Report Regarding the Stay Pending Inter Partes Review."/>
Marathon Patent Group Announces Ruling in Signal IP Case Against Toyota North America
Lightbridge Corporation, a U.S. nuclear fuel development company, today announced that it received official confirmation that the Company is in compliance with all applicable requirements for listing on The Nasdaq Capital Market having met the bid price and shareholders’ equity requirements.. As of August 2, 2016, the Company maintained a closing bid price of over $1.00 for the ten prior consecutive trading days, and as a result of the $2.8 million..."/>
Lightbridge Receives Official Confirmation of Compliance with all Applicable Requirements for Continued Listing on The Nasdaq Capital Market
FTI Consulting, Inc., the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced the latest version of its Radiance TM visual analytics software platform. With enhanced visualization and similarity search features, Radiance enables organizations to quickly analyze big data in support of investigations or pre-discovery fact-finding.. “Risk, compliance and legal teams around..."/>
FTI Technology Launches New Investigation Features within Radiance
Diana Shipping Inc.,, a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has engaged financial advisors and has entered into negotiations with certain of its lenders to amend its outstanding loan facilities. In connection with these negotiations, the Company has reached an agreement in principle with certain lenders, including the Company's largest lender, for terms that include, among other provisions, the..."/>
Diana Shipping Inc - Diana Shipping Inc. Announces that it has Engaged Financial Advisors to Negotiate Amendments to Certain of its Loan Facilities and the Deferral of Certain Amortization Payments
USG Corporation today announced that they have entered into a definitive agreement in which ABC Supply will acquire USG’ s building product distribution business, L&W Supply Corporation, for total cash consideration of $670 million. The Transaction is subject to customary closing conditions, including regulatory approvals, and is..."/>
ABC Supply to Purchase L&W Supply from USG Corporation for $670 Million
Manitowoc Foodservice Inc declared on Friday that it has commenced an offer to exchange all of its outstanding 9.500% senior notes due 2024 for new 9.500% senior notes due 2024. Also, the company said that the new and the original notes are substantially identical, except the new notes will be issued in a transaction that will have been registered under the US Securities Act, will not contain securities law restrictions on transfer and will not provide for registration rights or..."/>
Manitowoc Foodservice begins offer to exchange its 9.500% senior notes due 2024
Republic Services, Inc. released today its latest Sustainability Report for the 2015 Fiscal Year. The Report depicts the Company's efforts to further improve its environmental and social impacts through decreased vehicle emissions, innovative landfill technologies, use of renewable energy, community engagement, and employee growth opportunities. The 2015 Sustainability Report demonstrates continued progress toward Republic's four..."/>
Republic Services Issues 2015 Sustainability Report
FTI Consulting, Inc., the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that its FTI Technology segment has launched version 8.7 of its award-winning Ringtail ® e-discovery software. With more than 150 new features and enhancements, Ringtail 8.7 is designed to dramatically increase user productivity and reduce e-discovery costs.. “Our goal is to continually raise the..."/>
FTI Technology Launches Ringtail Version 8.7
Essex Rental Corp. today announced that a quorum was not met at its annual shareholder meeting held on August 25, 2016. As a result, the Company has adjourned the annual shareholder meeting and has scheduled to reconvene the meeting on September 9, 2016 at 12 Noon Eastern time at the offices of Brown Rudnick LLP at Seven Times Square, 47 th Floor, New York, NY 10036 so that the business of the meeting may be conducted upon achievement of a quorum."/>
Essex Rental Corp. to Reconvene Annual Shareholder Meeting on September 9, 2016
Cubic Global Defense expands training services to F/A-18 and EA-18G aircraft with first task order. SAN DIEGO---- Cubic Global Defense, a business unit of Cubic Corporation, today announced the award of a five-year, approximately $80 million task order to support aviation training for the U.S. Navy and Marine Corps under the Navy’ s Fielded Training Systems Support IV Indefinite Delivery Indefinite Quantity Multiple Award Contract."/>
Cubic Awarded Nearly $80 Million from Navy’s FTSS IV IDIQ Multiple Award Contract to Support Aviation Training
Pointer Telocation Ltd.- a leading developer, manufacturer and operator of Mobile Resource Management, announced today that it has signed a binding agreement to acquire Cielo Telecom, a fleet management services company based in South Brazil. Cielo Telecom manages fleet customers covering approximately 16,000 trucks."/>
Pointer Telocation Acquires Cielo Telecom in Brazil for $6.5 Million in Accretive Transaction
Eltel AB on Friday announced the appointment of Hkan Kirstein as the company's new president and CEO, effective 19 September 2016.. Currently, Kirstein is a member of the board of directors at Eltel, a position he has held since May 2016. Prior to joining Eltel's board, Kirstein had an interim assignment as CEO of Imtech Nordic AB."/>
Eltel names Håkan Kirstein as new president and CEO
Eltel AB on Friday announced the appointment of Hkan Kirstein as the company's new president and CEO, effective 19 September 2016.. Currently, Kirstein is a member of the board of directors at Eltel, a position he has held since May 2016. Prior to joining Eltel's board, Kirstein had an interim assignment as CEO of Imtech Nordic AB."/>
Eltel names Håkan Kirstein as new president and CEO
Orion Group Holdings, Inc. a leading specialty construction company, today announced a contract award of approximately $28 million.. The Company’ s Heavy Civil Marine Construction segment, Orion Marine Group, was recently awarded a contract from the North Carolina State Ports Authority for upgrades to Berth 8 at the Port of Wilmington, North Carolina. The project will begin at the end of the 3 rd quarter of 2016 with a duration of approximately 18 months."/>
Orion Marine Group Announces a Contract Award of Approximately $28 Million
Garo AB on Friday reported net income of SEK15.4m, or EPS of SEK1.54, for eth second quarter of 2016.. This was an increase over net income of SEK9.7m, or EPS of SEK0.97, in Q2 of 2015.. Net sales for the quarter increased by 21% to SEK159.1m, as compared with SEK131.6m in Q2 2015.."/>
Garo’s net income up to SEK15.4m in Q2 2016
Garo AB on Friday reported net income of SEK15.4m, or EPS of SEK1.54, for eth second quarter of 2016.. This was an increase over net income of SEK9.7m, or EPS of SEK0.97, in Q2 of 2015.. Net sales for the quarter increased by 21% to SEK159.1m, as compared with SEK131.6m in Q2 2015.."/>
Garo’s net income up to SEK15.4m in Q2 2016
China Yuchai International Limited, a leading manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited, announced today that it has successfully introduced China's first gas-electric hybrid powertrain system. At the recent Xinjiang International New Energy Vehicle and Electric Car Exhibition in Urumqi, Dongfeng Motor..."/>
China Yuchai Delivers China's First Gas-electric Hybrid System for the Truck Market
Tracking a transit renaissance [Bangkok Post, Thailand]
Child ID theft is growing problem [Detroit Free Press]

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