Industry News

Erickson Inc. doesn't have enough money to pay its bills. Erickson acknowledged this week for the first time that it could default on its bonds Nov. 1 when a $14.6 million interest payment comes due. The company's financial crisis is sufficiently dire it may force Erickson to seek protection from its creditors in bankruptcy court, the company confirmed in filings with the..."/>
Cash-poor Erickson admits debt default a possibility [The Oregonian, Portland, Ore.]
Christie Group plc company Christie and Co has brokered the sale of Canary Wharf-based Little Unicorn Day Nurseries Group to US-based childcare provider Bright Horizons Family Solutions, the company said. Founded in 1998 by Kate Williamson, the independently-owned flagship Little Unicorn Group currently consists of four settings with an effective operating capacity for around 350 children."/>
Christie Group Brokers Sale of Day Nurseries Group in Canary Wharf
FedEx drivers were crowned champions in the 2016 National Truck Driving Championships in Indianapolis last week. They were: FedEx Freight drivers Ron Metternick, Grand Rapids, Michigan, 4- axle; Toby Kort, Aurora, Nebraska, 5- axle; and Jay Love, Sioux Falls, South Dakota, flatbed; and FedEx Express courier Daniel Woods, Christiansburg, Virginia, step van. FedEx entered 174 drivers, 40 percent of the field in the 430- driver event sponsored by the American Trucking..."/>
BRIEF: FedEx drivers claim four crowns in truck driving championships [The Commercial Appeal, Memphis, Tenn.]
Parkit Enterprise Inc. is pleased to announce that it has appointed Bryan Wallner as its President and Chief Executive Officer and Nigel Kirkwood as its Chief Financial Officer, effective immediately. Bryan Wallner has served as the Company's interim CEO since June 2, 2016 and has over 27 years of parking industry experience across North America. Wallner began his parking career in 1987 as a parking operations manager and ultimately was..."/>
Parkit Enterprises Inc. Announces Change of Management
Power Solutions International, Inc. concerning possible violations of federal securities laws. If you purchased or otherwise acquired Power Solutions shares and would like more information regarding the investigation, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to..."/>
SHAREHOLDER NOTICE: Goldberg Law PC Announces an Investigation of Power Solutions International, Inc. and Advises Investors with Losses to Contact the Firm
Dycom Industries Inc. will replace FirstMerit Corp. in the S&P MidCap 400, and Patrick Industries Inc. will replace Dycom Industries in the S&P SmallCap 600 after the close of trading on Thursday, August 18. S&P 500 constituent Huntington Bancshares Inc. acquired FirstMerit in a deal completed today. Dycom Industries provides specialty contracting services."/>
Dycom Industries to Join S&P MidCap 400; Patrick Industries to Join S&P SmallCap 600
Orbital ATK, Inc. concerning possible violations of federal securities laws between June 1, 2015 and August 9, 2016. Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the October 11, 2016 lead plaintiff motion deadline.. To participate in this class action lawsuit, click here."/>
IMPORTANT SHAREHOLDER NOTICE: Lundin Law PC Announces Securities Class Action Lawsuit against Orbital ATK, Inc. and Encourages Investors with Losses to Contact the Firm
Lockheed Martin Corp., does not have information on how many workers may be reassigned, voluntarily leave or be laid off, he said."/>
Sikorsky Loses Marine One Maintenance Contract, 85 Workers Affected [The Hartford Courant]
Blue Bird Corporation, the leading independent designer and manufacturer of school buses, announced today that it is adjusting its fiscal 2016 third quarter results that were presented in last week’ s earnings press release and conference call. On August 4, 2016, Blue Bird issued a press release and filed a Form 8- K announcing preliminary financial results for the third quarter and nine months ended July 2, 2016. As noted as a possibility during the earnings..."/>
Blue Bird Announces Non-Cash Adjustments to Fiscal 2016 Third Quarter Results
Essendant Inc., a leading supplier of workplace essentials, today announced organizational changes to adapt to the changing marketplace and improve focus on key customer channels by flattening the company's overall structure and better aligning accountabilities across the organization to improve execution. The business will be organized around its two primary customer channels: Business& Facility Essentials and Industrial..."/>
Essendant Announces Organizational Changes To Improve Focus On Key Customer Channels
AeroVironment, Inc. today announced it will issue financial results for the Company's first quarter ended July 30, 2016, after the market closes on Tuesday, August 30, 2016. Management will host a conference call and live audio webcast to discuss the results at 1:30 p.m. Pacific Time that day. Hosting the call to review results for the fiscal first quarter will be Wahid Nawabi, president and chief executive officer, Raymond D. Cook, chief financial officer, and..."/>
AeroVironment, Inc. Schedules First Quarter Fiscal Year 2017 Earnings Release and Conference Call
Quanex Building Products Corporation today announced plans to release its fiscal third quarter 2016 results on Tuesday, September 6, 2016 after trading closes on the New York Stock Exchange. The Company has also scheduled a conference call for Wednesday, September 7, 2016 at 11:00 a.m. ET to discuss the release."/>
Quanex Building Products Announces Fiscal Third Quarter 2016 Earnings Release and Conference Call Schedule
Harsco Rail President Scott Jacoby Resigns, Harsco President and CEO Nick Grasberger to Lead Harsco Rail on an Interim Basis. Chris Whistler Promoted to Chief Operating Officer, Metals& Minerals Segment. Sam Fenice Named Vice President and Corporate Controller."/>
Harsco Announces Leadership Updates
Pyxis Tankers Inc., an emerging growth pure play product tanker company, today announced unaudited results for the three and six months ended June 30, 2016.. Reported time charter equivalent revenues of $7.0 million for the three months ended June 30, 2016, which resulted in net income of $0.4 million, or earnings per share of $0.02, and EBITDA of $2.6 million. Valentios Valentis, our Chairman and CEO commented:."/>
Pyxis Tankers Inc. Announces Financial Results for the Three and Six Months Ended June 30, 2016
Comfort Systems USA, Inc., a leading provider of commercial, industrial and institutional heating, ventilation and air conditioning services, today announced that its board of directors has approved an amendment to the Company’ s stock repurchase program to increase the shares authorized and remaining as available to purchase back up to 1,000,000 shares by authorizing the Company to acquire up to 551,310 additional shares of its outstanding common stock."/>
Comfort Systems USA Increases Stock Repurchase Program
Willdan Group, Inc. today announced that it has been awarded a new three-year $35.4 million contract by a leading utility in the western United States to implement its small business direct install and industrial sector energy efficiency program. The program will be delivered to one of the utility’ s major service areas and is expected to achieve more than 99,000,000 kWh in electric energy savings over the three-year contract period. The time and material..."/>
Willdan Awarded New $35.4 Million Contract for Delivery of Small Business Direct Install and Industrial Sector Energy Efficiency Program
Nanotech Security Corp., today released its financial results for the three and nine months ended June 30, 2016. Unless otherwise stated, all dollar amounts are expressed in Canadian dollars. Financial Highlights during the Third Quarter. Revenue at $1.2 million down slightly from $1.4 million in the same period last year. Security Features contributed revenues of $497,000 largely from development contracts and Surveillance delivered $661,000,..."/>
Nanotech Security Announces Third Quarter Fiscal 2016 Results
Marten Transport, Ltd. announced today that its Board of Directors has declared a regular quarterly cash dividend of two and one half cents per share of common stock. The dividend will be payable on September 27, 2016 to stockholders of record at the close of business on September 13, 2016.. Marten Transport, with headquarters in Mondovi, Wis., is one of the leading temperature-sensitive truckload carriers in the United States."/>
Marten Transport Declares Quarterly Dividend
exactEarth Ltd., announces that it has been selected by the Fisheries Commission, an agency of the Ministry of Fisheries and Aquaculture Development of the Government of Ghana, for the provision of Satellite AIS data services as well as a small vessel tracking solution. The contract value is in a range of $1.0-$2.0 million for a 12 month period and will enable Ghana to acquire the technology necessary to monitor its expansive coastlines and deter..."/>
ExactEarth Announces Small Vessel Tracking Contract with the Government of Ghana

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