Industry News

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..."/>
INVESTOR NOTICE: Goldberg Law PC Announces an Investigation of Power Solutions International, Inc. and Advises Investors with Losses to Contact the Firm
Ballard Power Systems today announced that a $28.3 million strategic equity investment made by Zhongshan Broad-Ocean Motor Co., Ltd. has closed. The Broad-Ocean investment, initially announced in a press release on July 26, 2016, has been made through a subscription and purchase of 17,250,000 common shares issued from treasury at a price per share of US $1.64. The investment represents approximately 9.9% of Ballard's outstanding common shares..."/>
Ballard Announces Close of $28.3M Strategic Equity Investment From Broad-Ocean
Caterpillar Inc. announced today it intends to pursue strategic alternatives, including a possible divestiture, for its room and pillar products, which serve a segment of underground soft rock mining customers. The company will also discontinue production of track drills within its Resource Industries portfolio. The company and its dealers remain committed to existing..."/>
Caterpillar to Explore Strategic Alternatives for Certain Mining Products
Ballard Power Systems today announced that a $28.3 million strategic equity investment made by Zhongshan Broad-Ocean Motor Co., Ltd. has closed. The Broad-Ocean investment, initially announced in a press release on July 26, 2016, has been made through a subscription and purchase of 17,250,000 common shares issued from treasury at a price per share of US $1.64. The investment represents approximately 9.9% of Ballard's outstanding common..."/>
Ballard Announces Close of $28.3M Strategic Equity Investment From Broad-Ocean
New Flyer Industries Inc., the largest heavy-duty transit bus and motor coach manufacturer and parts distributor in North America, announced today that it is leading the effort and providing technical support towards the development of second generation on-route and depot charging systems for..."/>
New Flyer Second Generation On-Route Charging System Underway in Support of Global Charging Standards
Univar Inc. announced today the closing of the previously announced public offering of 20,943,741 shares of Univar's common stock at a price to the public of $19.00 per share by Univar N.V. and GSO COF Facility LLC, to Goldman, Sachs& Co., as the sole underwriter in the registered public offering of those shares. The Selling Stockholders will receive all of the net proceeds from this offering and no shares are being sold by Univar."/>
Univar Announces Closing of Sale of 20,943,741 Shares of Common Stock by Selling Stockholders
Parker Declares Quarterly Cash Dividend
Southwest Airlines Co. today announced new international service between Los Angeles and three airports in Mexico's coastal resort regions: Cancun, San Jose del Cabo/Los Cabos, and Puerto Vallarta. The service is scheduled to begin Dec. 4, subject to approvals of the Mexican government. In celebration of the new flights, Southwest ® is offering special fares for travel Dec. 4, 2016, through March 2, 2017."/>
Southwest Airlines To Fly Nonstop Between Los Angeles (LAX) And Cancun, Los Cabos, And Puerto Vallarta, Mexico
Pentair for $3.15 billion. The complementary acquisition establishes Emerson's global presence in control, isolation, pressure relief valves and actuation as part of a larger strategy to build a broader automation portfolio."/>
Emerson Signs Agreement to Acquire Valves & Controls Business from Pentair
Brady Corporation, will announce its fiscal 2016 fourth quarter financial results on Friday, Sept. 9, 2016.. A conference call will be held beginning at 10:30 a.m. ET Friday, Sept. 9, 2016. Internet users will be able to access the webcast and presentation at live and in replay."/>
Brady Corporation Announces Earnings Conference Call
Continental Building Products, Inc., a leading manufacturer of wallboard and gypsum-based products, announced today that it has closed on the refinancing of its existing term loan and credit facility. The new borrowings consist of a $275 million senior secured term loan facility and a $75 million senior secured revolving credit facility. Borrowings under the new term loan will bear interest at a floating rate based on LIBOR, with a 0.75% floor, plus 2.75%, compared..."/>
Continental Building Products Announces Successful Refinancing of Term Loan and Credit Facility
Global Ship Lease, Inc. today announced the election of two Term II Directors at the Company’ s Annual Meeting of Shareholders, held today in London.. The Directors, Howard Boyd and Angus Frew, were elected to serve until the 2019 Annual Meeting of Shareholders and until such time as a successor has been duly elected and qualified. Additionally, Shareholders ratified the appointment of PricewaterhouseCoopers Audit as the Company’ s independent public..."/>
Global Ship Lease Announces Results of 2016 Annual Meeting of Shareholders
AMREP Corporation today announced that Robert Wisniewski has been appointed as Executive Vice President and Chief Financial Officer of AMREP effective as of November 1, 2016. Clifford Martin, currently Vice President and Chief Financial Officer of AMREP, will become Treasurer of the Company and Chief Financial Officer of its Palm Coast Data LLC subsidiary as of November 1, 2016.. "I know Bob well and have worked closely with him in the past,"..."/>
AMREP Announces Appointment of Chief Financial Officer
Orion Group Holdings, Inc. a leading specialty construction company, today announced a contract award of approximately $12 million.. The Company’ s Heavy Civil Marine Construction segment, Orion Marine Group, was recently awarded a contract from the United States Army Corps of Engineers to perform dredging services in the Corpus Christi Ship Channel. The project entails dredging work within the Inner Basin to Viola Turning Basin and the La Quinta Channel..."/>
Orion Marine Group Announces a Contract Award of Approximately $12 million
Power Solutions International, Inc. concerning the Company and its officers’ possible violations of federal securities laws. Injured investors are encouraged to contact The Wagner Firm to discuss their legal rights, and a potential class action lawsuit to recover investors’ losses. On August 15, 2016, Power Solutions announced that it needed additional time to file its..."/>
INVESTOR ALERT: Investigation of Power Solutions International, Inc. Announced by The Wagner Firm
TPI Composites, Inc., a leading global wind blade manufacturer, today announced that its management team will be participating in the Morgan Stanley Power& Utility Summit on September 15, 2016 at The InterContinental Hotel London Park Lane, in London, England. Steve Lockard, CEO, and Bill Siwek, CFO, will be meeting with institutional investors at the conference. Investors who are interested in setting up a meeting may contact TPI Investor Relations or..."/>
TPI Composites Inc. to Participate at the Morgan Stanley Power & Utility Summit
Power Solutions International, Inc., a leader in the design, engineer and manufacture of emissions-certified, alternative-fuel power systems, announced that, as expected, the Company received a notice from The Nasdaq Stock Market on August 16, 2016, stating that the Company is not in compliance with Nasdaq Listing Rule 5250 (c) because it did not timely file its Quarterly Report on Form 10- Q for the quarter ended June 30, 2016 with the Securities and..."/>
Power Solutions International Announces Receipt of Notice From Nasdaq Related to Late Form 10-Q Filing
Nielsen today announced that Bahakel Communications, a leading media company that owns and operates 14 television and radio stations across the United States, has signed a multiyear agreement for Nielsen's Local Television Measurement. Bahakel has renewed Nielsen services for stations in all five of their television markets including Montgomery, AL; Jackson, TN; Columbia, SC; Myrtle Beach, SC and Charlotte, NC. The renewal provides Bahakel..."/>
Bahakel Communications Signs Multi-Market Agreement with Nielsen for Local Television Ratings Service
FedEx Corp. budget year ended May 31, bolstered by long-term incentive compensation."/>
BRIEF: FedEx chief's total compensation jumps to $16.7 million [The Commercial Appeal, Memphis, Tenn.]

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