Industry News

Delta Air Lines approved a quarterly dividend of USD0.2025 per share, the company reported on Friday. This dividend will be paid on 2 September 2016 to shareholders of record as of the close of business on 12 August 2016.. Delta has a global network and together with the Delta Connection carrier offers service to 337 destinations in 62 countries."/>
Delta Air Lines announces dividend of USD0.2025 per share for quarter
Norfolk Southern Corporation on Friday declared a regular quarterly dividend of USD0.59 per share on its common stock. This 136th consecutive quarterly dividend to stockholders of record on 8 August 2016, will be paid on 10 September 2016.. Norfolk Southern is a transportation company and its Norfolk Southern Railway Company subsidiary operates about 20,000 route miles in 22 US states and the District of Columbia and serves container ports in the eastern US, providing..."/>
Norfolk Southern announces 136th consecutive dividend of USD0.59 per share for quarter
Sterling Construction Company, Inc. today announced financial results for the second quarter ended June 30, 2016.. Second Quarter 2016 Financial Results Compared to Second Quarter 2015:. Revenues were $189.6 million compared to $177.4 million; Gross margin was 8.5% of revenues compared to gross margin of 5.1%; Operating income was $3.4 million compared with an operating loss of $0.2 million; Net income attributable to Sterling common stockholders was..."/>
Sterling Construction Company, Inc. Reports 2016 Second Quarter Results
Barnes Group disclosed on Friday that it recorded net income of USD33.2m for the second quarter of 2016.. This represents a decline in earnings when compared with net income of USD34.2m, or USD0.61 per diluted share, in the prior year period. Net sales of USD307m were recorded for the second quarter of 2016, a dip of 3% from net sales of USD315m in the prior year period."/>
Barnes Group reports lesser net income of USD33.2m for Q2 2016
Graham Corporation stated on Friday that its net income was USD0.1m for its first quarter ended 30 June 2016. This marks a decline in earnings when compared with net income of USD2.4m in the prior year's first quarter. Net sales of USD22.4m were recorded in the first quarter of fiscal 2017, down over net sales of USD27.6m in the first quarter of the fiscal year ended 31 March 2016."/>
Graham posts lower net income of USD0.1m in Q1 fiscal 2017
Swiss uses bigger jets for Bangkok [Bangkok Post, Thailand]
Regal Beloit Corporation revealed on Friday that the company will pay a dividend of USD0.24 per share for the quarter, as approved by the board of directors. This 225th consecutive quarterly dividend will be paid on 14 October 2016 to shareholders of record at the close of business on 30 September 2016.. Regal Beloit is a manufacturer of electric motors, electrical motion controls, power generation and power transmission..."/>
Regal Beloit declares 225th consecutive dividend of USD0.24 per share for quarter
Nidec Corporation; today announced the status of the Company’ s own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 21, 2016, pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan. Details are as follows:. Details of Share Repurchase 1. Period of own share repurchase: From July 1, 2016 through July 31, 2016 2."/>
Nidec Announces the Status of Own Share Repurchase
International Shipholding Corporation announced yesterday that it and certain of its subsidiaries have each filed voluntary petitions for relief under Chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the Southern District of New York. The Company currently intends to continue operating in the normal course of business without interruption. To facilitate the Chapter 11 process, the Company has..."/>
International Shipholding Corporation Voluntarily Files For Chapter 11 Relief
Bosch Ltd, Eaton Corp. Plc, Stanley Black& Decker Inc...."/>
Maini Precision seeks to raise up to Rs500 cr from PE funds [Mint, New Delhi]
Patrick Industries, Inc. has completed the acquisition of the business and certain assets of US-based automotive dash panel and electronics maker BH Electronics, Inc., the company said. The total cash consideration paid for BHE was approximatelyUSD 35 m, and the company expects the acquisition to be immediately accretive to 2016 net income per share. BHE is a designer, engineer and manufacturer of..."/>
Patrick Industries Closes USD 35m Acquisition of Automotive Supplier BH Electronics
AURUM NIXES DEAL TO BUY ISRAELI WIRELESS CHARGER MAKER Australia-based gold and copper exploration company Aurum, Inc has terminated a binding term sheet with the shareholders of Israel-based wireless charger maker Humavox Ltd, the company said. According to the term sheet announced in June, Aurum was to acquire 100% of the shares of Humavox and 100% of the warrants and options to..."/>
M and A Navigator: Deal pipeline –1 August
Ormat Technologies Inc., managed by CEO Isaac Angel and controlled by the FIMI Opportunity Funds, is acting to raise hundreds of millions of dollars in non-tradeable debt from Israel's financial institutions in order to recycle a loan under improved conditions. According to market sources, local underwriting entities are currently discussing two raise options with the financial institutions a private loan or an issue of a series of non-..."/>
Ormat to raise $250m dollars for loan recycling [Globes, Tel Aviv, Israel]
Commercial drone use takes off [The Blade, Toledo, Ohio]

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