Industry News

Univar Inc reported on Monday the sale of 20,943,741 shares of its common stock, representing approximately 15.2% of its issued and outstanding shares, by certain of its existing selling stockholders, including Univar NV and GSO COF Facility. Goldman Sachs& Co is the sole underwriter in the registered public offering. In the offering, the shares sold by Univar NV represent the economic interest of CVC Capital Partners Advisory Inc and certain current..."/>
Univar reports sale of 20.94m common stock via selling stockholders
Providence and Worcester Railroad Co. under a $125 million deal unveiled yesterday. Darien, Conn.-based G&W said the acquisition would increase its ability to serve customers and large national railroads including CSX, Norfolk Southern, Canadian Pacific and Canadian National in New England, while saving on operational costs. "The acquisition of P&W is an excellent strategic fit with G&W's contiguous..."/>
Providence and Worcester Railroad moves for $125M [Boston Herald]
SolarCity Corporation. Investors who purchased or otherwise acquired shares between May 5, 2015 and February 9, 2016 inclusive are encouraged to contact the Firm in advance of the October 14, 2016 lead plaintiff motion deadline.. If you are a shareholder who suffered a loss during the Class Period, click here to participate."/>
INVESTOR NOTICE: Goldberg Law PC Announces Securities Class Action Lawsuit against SolarCity Corporation and Encourages Investors with Losses to Contact the Firm
Mazor Robotics Ltd. (Nasdaq: MZOR; reported today that global medical equipment company Medtronic had made a $20 million milestone payment for a 3.4% stake in the company as part of its strategic agreement. The investment follows the launch of Mazor X, a high precision spinal surgery guidance system, which will be jointly marketed by the companies. Medtronic also had the option of buying 6% of the company's shares but chose to make the..."/>
BRIEF: Medtronic makes $20m milestone investment in Mazor [Globes, Tel Aviv, Israel]
Grasim Industries Ltd and Aditya Birla Nuvo Ltd, saying the financial services business needed a parent with a stronger balance sheet to boost growth. The group's failure to get a banking licence also seems to have played a part in arriving at the current structure. On Thursday, the group announced that it would merge Nuvo and Grasim, both of which also serve as holding companies, and spin..."/>
Finserv focus behind Nuvo, Grasim merger: Birla executives [Mint, New Delhi]
T. Rowe Price Group Inc.. The round also included investments..."/>
Pixelligent raises $10.4 million to expand nanocrystal manufacturing [The Baltimore Sun]
Lockheed Martin last week in federal court in an effort to force the company to clean up waters near Harbor Island, which the port says Lockheed contaminated with mercury and other hazardous waste. The port district's lawsuit, filed Thursday in San Diego, accuses Lockheed-- a former tenant of port-owned land in the east basin of San Diego Bay-- of contaminating the waters through operation of Lockheed's marine..."/>
Port sues Lockheed over mercury [The San Diego Union-Tribune]
Lockheed Martin. About 85 unionized Sikorsky employees handle the repairs of the Marine One..."/>
Sikorsky loses Marine One repair work; about 85 jobs to be affected [New Haven Register, Conn.]
Cintas Corp. and US-based branded uniform and facility services firm G/K Services, Inc. have entered into a definitive agreement under which Cintas will acquire all outstanding shares of G/K Services for USD 97.50 per share in cash, for a total enterprise value of approximately USD 2.2 bn, including acquired net debt, the companies said on Tuesday. The purchase price represents a premium of about 19% to the..."/>
Cintas to Acquire Uniform Provider G/K Services in USD 2.2bn Deal
GOL announces 2Q16 results
GOL reviews its guidance for 2016
Surna, the maker of equipment for indoor cannabis grows, is eying another emerging industry: vertical farming. The Boulder-based firm outlined plans to pursue both the indoor food production market on Monday during a quarterly earnings call with investors, in which it also reported shrinking losses amid growing revenue from the cannabis industry. "There's a lot of similarities between indoor cannabis..."/>
Keeping eyes on pot, Boulder's Surna dipping into vertical food production [Daily Camera, Boulder, Colo.]
Caterpillar Inc. confirmed Monday that new layoffs have been occurring at its factory operations in Decatur. As is usual company policy, Peoria-based Caterpillar would not confirm the number or types of workers involved, or say when the latest round of job cuts started. Chatter on social media had pegged the total of jobs lost at more than 40, and said they targeted management positions ranging from engineers to superintendents."/>
More layoffs at Decatur Caterpillar plant [Herald & Review, Decatur, Ill.]
Avcorp Industries Inc. today announced its second quarter financial results for the quarter ended June 30, 2016.. During the quarter ended June 30, 2016 Avcorp Group revenues totaled $44,246,000 as compared to $20,369,000 revenue for the same quarter in the previous year. The December 18, 2015 acquisition of the US based composite Aerostructures division of Hitco, a subsidiary of Frankfurt-listed SGL has added $22,595,000 to current quarter..."/>
Avcorp announces 2016 Second Quarter Financial Results
Avcorp Industries Inc. today announced its second quarter financial results for the quarter ended June 30, 2016.. During the quarter ended June 30, 2016 Avcorp Group revenues totaled $44,246,000 as compared to $20,369,000 revenue for the same quarter in the previous year. The December 18, 2015 acquisition of the US based composite Aerostructures division of Hitco, a subsidiary of Frankfurt-listed SGL has added $22,595,000 to current..."/>
Avcorp announces 2016 Second Quarter Financial Results

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