Industry News

United Bank said Thursday it agreed to acquire a New York City-based investment management firm, a deal that would push the assets in the bank's wealth management business to nearly $20 billion. The acquisition of Gerstein Fisher, with $3 billion in assets under management, is expected to close in the fourth quarter. Financial terms of the transaction weren't disclosed."/>
People's United Bank To Acquire New York Investment Firm [The Hartford Courant]
Deere announces factory workforce adjustments
Ocean Power Technologies, Inc., announced today the pricing of a best efforts public offering of 595,000 units, at a price of $6.75 per Unit, each of which consists of one share of its common stock and 0.3 of a warrant to purchase one share of its common stock at an exercise price of $9.36 per share. The warrants will be exercisable immediately for a period of five years from the issuance date. The Company expects to receive approximately $4,016,250 in gross..."/>
Ocean Power Technologies, Inc. Announces Pricing of Public Offering of Common Stock and Warrants
Terex Corporation will host a one-hour conference call to review its second quarter 2016 financial results on Tuesday, August 2, 2016 at 8:30 a.m. ET. John L. Garrison, Jr., President and Chief Executive Officer, will lead the call. The Company will release its financial results prior to the call."/>
Terex Corporation Announces Second Quarter 2016 Financial Results Conference Call
Global Brass and Copper Holdings, Inc. today announced, that on July 18, 2016, it refinanced its debt structure by retiring its senior secured notes and entering into new asset based revolving credit and long term debt agreements. “Successfully refinancing our debt will significantly improve our cash flow while providing greater financial flexibility to further strengthen our competitive position and to create future value for shareholders,” said John..."/>
Global Brass and Copper Holdings, Inc. Announces Completion of Debt Refinancing
Costamare Inc., announced today that it will release its results for the second quarter ended June 30, 2016 after the market closes in New York on Wednesday, July 27, 2016. Following the earnings release, Costamare's management team will hold a conference call to discuss the financial results on Thursday, July 28, 2016 at 8:30 a.m. ET. On Thursday, July 28, 2016 at 8:30 a.m. ET, Costamare's management team will hold a conference call to discuss the financial..."/>
Costamare Inc. Sets the Date for Its Second Quarter 2016 Results Release, Conference Call and Webcast
Acme United Corporation today announced that net sales for the second quarter ended June 30, 2016 were $41.0 million, compared to $34.0 million in the comparable period of 2015, an increase of 21%. Net sales for the six months ended June 30, 2016 were $66.3 million, compared to $56.8 million in the same period in 2015, an increase of 17%."/>
Acme United Reports Second Quarter Sales Increase of 21% and 23% Increase in Earnings Per Share
Fuel Tech, Inc., a world leader in advanced engineering solutions for the optimization of combustion systems and emissions control in utility and industrial applications, today announced the receipt of multiple air pollution control contracts from customers in China, the Middle East and the US. These awards have an aggregate value of approximately $2.3 million. In China, Fuel Tech received an award for a NO x OUT ® Selective Non-Catalytic Reduction system..."/>
Fuel Tech Awarded Air Pollution Control Orders Totaling $2.3 Million
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it will release its results for the quarter ended June 30, 2016 after the market closes in New York on Thursday, July 28, 2016.. On Friday, July 29, 2016, at 8:30 A.M. Eastern Time, the Company's management team will host a conference call to discuss the financial results. Participants should dial into the call 10 minutes before the scheduled time using..."/>
Safe Bulkers, Inc. Sets Date for Second Quarter 2016 Results, Conference Call and Webcast
Equifax Inc. announced today the first in a series of live investor relations webcasts featuring company executives and business unit leaders who will discuss their strategic initiatives. The first event will be held on Tuesday, August 2 at 10:00 am ET featuring Workforce Solutions management. Hosted by Stephens, Inc. Managing Director and Head of Business Services Research Brett Huff, the webcast will include Workforce Solutions..."/>
Equifax Launches Investor Relations Live Webcast Series
Hill International, the global leader in managing construction risk, announced today that it has received two contracts with the New York State Governor’ s Office of Storm Recovery, Housing Trust Fund Corporation, to provide construction management support services in connection with Superstorm Sandy disaster recovery efforts. The contracts have a total estimated value to Hill of approximately $9.4 million.. In October 2012,..."/>
Hill International Providing Construction Management Support to New York State for Superstorm Sandy Recovery Efforts
Covenant Transportation Group, Inc. announced it plans to release its second quarter earnings after 4:00 p.m. Eastern time on Wednesday, July 27, 2016. Covenant Transportation Group, Inc. will hold a live conference call to discuss its second quarter earnings release on Thursday, July 28, at 11:00 a.m. Eastern time. Individuals with questions may dial in at 800-351-4894 and 800-756-3333, access code CTG2."/>
Covenant Transportation Group, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call
Boart Longyear, the world's leading provider of drilling services, equipment and performance tooling, will display the StopeMaster™ hydraulic production drill along with a wide range of other products at its MINExpo INTERNATIONAL 2016 exhibit in Las Vegas, Nevada, from September 26 to 28.. The StopeMaster™ drill is designed for superior access, mobility, flexibility and productivity to meet the unique challenges of narrow..."/>
Boart Longyear's MINExpo exhibit to feature StopeMaster™ drill's advantages for narrow vein mining
White goods price war on the high street [Daily Mail, London]
FairFX Group fell back despite a positive trading update yesterday. Holidaymakers were queuing around the block for their currency in the lead-up to the EU referendum and they were vindicated when the pound fell the next day."/>
Daily Mail, London, market report column [Daily Mail, London]
Smartcool Systems Inc. is pleased to announce that Smartcool Israel, the exclusive distributor of Smartcool's ESM products in Israel, has completed a successful installation and has already confirmed significant energy savings at Shufersal. The installation was performed on both high temperature and low temperature refrigeration racks which produced savings resulting in a 12 month payback. In addition an ESM was installed on the A/C which..."/>
UPDATE - Smartcool's Israeli Distributor Installs ESM at Shufersal, the Largest Supermarket Chain in Israel
KapStone Paper and Packaging Corp., ACCO Brands Corp., and Domtar Corp.. The sector continues to face a wave of challenges from changing consumer tastes to growing participants and from lingering economic concerns to evolving technologies."/>
How These Consumer Goods' Stocks are Performing? -- Fibria Celulose, KapStone Paper and Packaging, ACCO Brands, and Domtar
Sigma Labs, Inc., a developer of advanced, in process, non-destructive quality inspection systems for metal-based additive manufacturing and other advanced manufacturing technologies, today announced that it will host a conference call to discuss the financial results for the Company's second quarter of fiscal 2016. The conference call will be held Thursday, August 11, 2016, at 11:00 a.m. Eastern Time. Sigma Labs plans to release the Company's 2016..."/>
Sigma Labs Announces Second Quarter Conference Call
Optex Systems, Inc., a wholly owned subsidiary of Optex Systems Holdings, Inc., a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, today announced it has won a 5- year Indefinite Delivery, Indefinite Quantity contract worth $5.99 million to supply its laser protected periscopes to the Defense Logistics Agency. Optex provides a variety of glass and plastic periscopes with and..."/>
Optex Systems Wins Award for 5-Year Contract With Defense Logistics Agency for $5.99 Million

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