Industry News

Rockwell Collins has declared a quarterly dividend of 33 cents per share on its common stock, payable Sept. 6, 2016, to shareholders of record at the close of business on Aug. 15, 2016.. Rockwell Collins is a pioneer in the development and deployment of innovative aviation and high-integrity solutions for both commercial and government applications. Our expertise in flight deck avionics, cabin electronics, mission communications,..."/>
Rockwell Collins declares regular quarterly dividend
Kingfisher Airlines is a case in point. Unlike retail loans, where banks repossess a defaulter's car or house and auction them off to recover their advance, data shows that banks have found it difficult to find buyers for large assets like factories and offices."/>
Why banks can't find buyers for stressed assets [Mint, New Delhi]
Top 10 stocks that stand to gain from GST [Mint, New Delhi]
L&T aims to double revenues by 2021 [Mint, New Delhi]
GST impact: top 10 stocks that stand to gain [Mint, New Delhi]
Miller Industries Inc. boosted its second quarter profits by 11.5 percent over last year and said it expects to continue to improve sales in the rest of 2016, leading the company to expand its investments in its Ooltewah and Greeneville, Tenn., plants. The Chattanooga-based towing equipment maker said Wednesday it earned $6.6 million, or 58 cents per share, on sales of $156.1 million in the three months ended June 30, 2016. A year earlier, the company earned $5.9 million, or 52..."/>
Miller boosts profits, expands investment in Tennessee plants [Chattanooga Times Free Press, Tenn.]
Hitachi Power Systems, Ltd. has launched verification testing of the sunlight and thermal energy collecting performance of a unique solar thermal power system at dedicated facilities newly completed within its Yokohama Works. The testing will be conducted through March 2017 under contract from the Ministry of the Environment as a FY2016 project under its "Low Carbon Technology Research and Development Program.""/>
Verification Testing of Low-cost, Stable Solar Thermal Power System Launched at Newly Completed Facility at Yokohama Works
Microsoft just put some "very powerful tools" in your hands, free of charge. Under a 24- month alliance announced Tuesday, Microsoft will offer for free a range of software products and expertise to help individual workers and to encourage entrepreneurship and science, technology, engineering and math education."/>
Normal-Microsoft deal to offer tech tools for workers, businesses [The Pantagraph, Bloomington, Ill.]
Red24 regarding a possible offer for the issued and to be issued ordinary shares of Red24, the company said. iJET made an approach to the board of Red24 on 17 June 2016 regarding a possible offer at a price of 24 pence in cash per Red24 ordinary share. Red24 shareholders will be entitled to receive and retain the proposed final dividend of 0.3 pence per share in respect of..."/>
IJET International in Talks to Acquire UK Security Firm Red24
Miller Industries Inc. boosted its second quarter earnings by 11.5 percent over last year to $6.6 million, or 58 cents per share, on sales of $156.1 million. The Chattanooga-based towing equipment maker said today that profits this year in the second quarter were up from the $5.9 million, or 52 cents per share, the company earned in the same period a year ago when sales totaled $151.5 million. For the six-month period ended June 30, 2016, net sales rose 9.6 percent to $304.9..."/>
Miller boosts profits, expands investment in Tennessee plants [Chattanooga Times Free Press, Tenn.]
Tesla earnings disappoint [East Bay Times]
Spirit AeroSystems' steeply lower profit in the second quarter of 2016 on the Airbus A350 XWB, the European planemaker's newest widebody jet. On Wednesday, Wichita-based Spirit reported a $45 million profit for the three-month quarter ended June 30-- a 71 percent drop from $155 million in profit in the same quarter last year. The sharply lower earnings came despite a 6 percent increase in second quarter 2016 revenue: $1.8 billion compared with $1.69 billion in the..."/>
New Airbus plane behind Spirit's sharp profit decline in second quarter [The Wichita Eagle]
Fluor Corporation announced today that James Hackett was elected to its board of directors effective August 3, 2016. Hackett’ s election to Fluor’ s board raises the total number of directors to 12, of whom 11 are independent. This Smart News Release features multimedia."/>
James Hackett Elected to Fluor’s Board of Directors
Tesla earnings disappoint [Mercury News]
Westshore Terminals Investment Corporation announced today that it has filed its earnings report for the second quarter ended June 30, 2016 and related management's discussion and analysis with the Canadian security regulatory authorities. Copies of the documents are available on SEDAR at www.sedar.com and the Corporation's website at www.westshore.com. SOURCE Westshore Terminals Investment Corporation."/>
Westshore Terminals files 2016 second quarter report

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