Industry News

Pureprofile, an Australia-based media company, visited its Mumbai office early this year, he was greeted by a carefully choreographed Bollywood dance. From building team spirit among colleagues and announcing discounts for customers to spreading official and social messages within the organisation, more firms are using flash mobs to achieve many goals. While tech firms, including Accenture, Wipro and Infosys, often held flash mobs, the practice..."/>
Bonding over flash mobs. Companies focus on your dancing shoes [Hindustan Times, New Delhi]
Union Pacific freight rail, curving southeast to a new terminus at 130th Street, near that road's interchange with the Bishop Ford Expressway. The extended Red Line would run parallel to the South Shore Line for a short..."/>
CTA to extend Red Line south to 130th Street [The Times, Munster, Ind.]
CIRCOR International Inc on Thursday reported preliminary financial results for the third quarter ended 2 October 2016.. The company expects GAAP EPS for the third quarter in the range of USD0.22 to USD0.28 per share and expects sales to be in the range of USD133m to USD135m, compared with the previous guidance range of USD140 to USD150m. Included in the preliminary GAAP and adjusted EPS amounts is a benefit of about USD0.09 for a discrete tax item that arose after it provided its..."/>
CIRCOR provides preliminary results for Q3 2016
Ingersoll-Rand plc approved a quarterly dividend of USD0.40 per ordinary share, the company disclosed on Thursday. This dividend reflects a 25% increase and an annual dividend rate of USD1.60 per share.This will be paid on 30 December 2016 to shareholders of record on 9 December 2016.. Ingersoll-Rand designs, manufactures, sells and services industrial and commercial products in the US and globally."/>
Ingersoll Rand announces 25% higher dividend of USD0.40 per ordinary share for quarter
CIRCOR International stated on Thursday that it expects GAAP EPS in the range of USD0.22 to USD0.28 and adjusted EPS in the range of USD0.41 to USD0.45 for the third quarter ended 2 October 2016.. This marks a decline when compared with the prior higher guidance of adjusted EPS in the range of USD0.45 to USD0.55. The preliminary GAAP and adjusted EPS amounts includes benefit of about USD0.09 for a discrete tax item that arose after the company provided its..."/>
CIRCOR posts preliminary Q3 2016 adjusted EPS in the lower USD0.41 to USD0.45 range
Kansas City Southern declared on Friday that its US subsidiary Kansas City Southern Railway Company has opened a new, multi-commodity trans-load terminal at its former Zacha inter-modal terminal in Dallas, Texas. Also, the company stated that KCSR has named Watco Transloading LLC as the operator for the facility as of 17 October 2016.. The former Zacha inter-modal terminal closed when a new, state-of-the-art inter-modal facility was opened..."/>
KCS' US subsidiary opens new transload terminal in Texas and appoints Watco as operator
Journey Group plc are in discussions with regard to a possible offer to be made by Jaguar Holdings for the entire issued and to be issued share capital of Journey Group, the companies said. It is expected that the possible offer will be made by way of a contractual offer under the Code with a 50.1% acceptance condition. Jaguar Holdings was..."/>
Travel Industry Supplier Journey Group in Buyout Talks with Jaguar Holdings
XPO Logistics has taken a full lease of the building on Chelsea Road was made jointly Thursday afternoon by the building's developer, Chesapeake Real Estate Group LLC, its financial partner..."/>
Harford lands big e-commerce logistics firm; more than 400 jobs expected in Perryman [The Aegis, Bel Air, Md.]
Southwest Airlines Co., JetBlue Airways Corp., Alaska Air Group Inc., and Hawaiian..."/>
Research Reports on Airlines Equities -- Southwest Airlines, JetBlue Airways, Alaska Air, and Hawaiian Holdings
Granite Construction Incorporated has won a sub-contract worth USD39m from Absher Construction Company, to construct the Northgate Station in Seattle, Washington, the company revealed on Friday. Also, the company said that this project will be booked in its third quarter 2016 backlog. Construction will commence in October 2016 and is scheduled to be completed by December 2018.."/>
Granite wins light rail station project worth USD39m in Seattle
A. O. Smith Corporation approved a regular common and class A common stock cash dividend of USD.12 per share for the quarter, the company revealed on Thursday. This dividend will be paid on 15 November 2016 to all shareholders of record on 31 October 2016.. A manufacturer and marketer of residential and commercial water heaters, boilers and other products for the US, China, Canada, Europe and India, A. O. Smith Corporation distributes its products through..."/>
A. O. Smith Corporation announces dividend of USD.12 per share for quarter
Mint, New Delhi, P. Manoj column [Mint, New Delhi]
IVFA-backed Inlogistics to raise Rs200 crore [Mint, New Delhi]
Orient Cement Ltd, part of the CK Birla Group, said on Thursday it had agreed to purchase a pair of cement businesses from Jaypee Group for an enterprise value of Rs1, 950 crore, as it seeks to expand to new markets. Orient will buy a 74% stake in Bhilai Jaypee Cement Ltd, with a capacity of 2.2 million tonnes per annum, from Jaiprakash Associates Ltd at an enterprise value of Rs1, 450 crore. BJCL has an equity value of Rs850 crore excluding debt of Rs600 crore, said Deepak..."/>
Orient Cement to buy two cement assets from Jaypee Group for Rs1,950 crore [Mint, New Delhi]

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