Industry News

Atlas Air Worldwide flew for the e-commerce giant Amazon landed at Wilmington Air Park Wednesday, cementing what appears to be a growing relationship between the e-commerce giant and Southwest Ohio. It was the inaugural flight of the first of 20 B767-300 converted freighters provided to Amazon to support the expansion of Amazon's e-commerce air cargo network, Atlas said in a statement Thursday. Now two air carriers with ties to Wilmington--..."/>
Amazon One lands first flight in Wilmington [Dayton Daily News, Ohio]
Delta Air Lines is ending three routes to Tokyo's Narita International Airport, the first sign that its Japanese hub, built by Northwest Airlines, may be unspooling as a result of changes to aviation rules. The carrier predicted in February that it could lose many Narita routes if the U.S. signed an agreement with Japan to gradually open up more U.S. flights to the Tokyo's closer-in Haneda Airport. This week, Delta announced the first of such route losses since that agreement..."/>
Delta ends routes at Tokyo's Narita airport, signalling start of major shift in Asia [Star Tribune (Minneapolis)]
Aditya Birla Nuvo Ltd and Grasim Industries Ltd, both of which also serve as holding companies, in an attempt to create a stronger entity, and unlock shareholder value by spinning off and listing one of Nuvo's subsidiaries, Aditya Birla Financial Services Ltd.. The merger will create an entity with yearly revenue of Rs.59, 766 crore, net profit of Rs.4, 245 crore and earnings before interest, tax, depreciation..."/>
Aditya Birla Nuvo, Grasim Industries boards clear merger plan [Mint, New Delhi]
Hardwoods Distribution Inc. today announced strong financial results for the three-and-six months ended June 30, 2016. Hardwoods is North America's largest wholesale distributor of high-grade hardwood lumber, specialty panels and interior architectural building..."/>
Hardwoods Announces Second Quarter 2016 Results
Atlas Air Worldwide flew for the e-commerce giant Amazon landed at Wilmington Air Park Wednesday, cementing what appears to be a growing relationship between Amazon and Southwestern Ohio. It was the inaugural flight of the first of 20 B767-300 converted freighters provided to Amazon to support the expansion of Amazon's e-commerce air cargo network, Atlas said in a statement Thursday. Now two air carriers with ties to Wilmington-- Atlas and..."/>
First Amazon 'Prime Air' flight lands at Wilmington airport [Dayton Daily News, Ohio]
NEXT GROUP CLOSES ACQUISITION OF US TELECOMMUNICATIONS MARKETING BRAND TEL3. Miami, Florida-based telecommunications company Next Group Holdings, Inc. has closed the acquisition of the US-based telecom marketing brand Tel3, together with the assets and client database of Tel3, from NXGH CEO Arik Maimon, the company said."/>
M and A Navigator: Deal pipeline –12 August
Honeywell's South Bend plant for the past three months have finally started receiving unemployment benefits. The more than 300 union workers have been off their jobs since May 9, but they couldn't receive jobless benefits right away because the Indiana Department of Workforce Development classifies cases involving a labor dispute as "under review" before disbursing payments."/>
BRIEF: Honeywell workers getting unemployment [South Bend Tribune, Ind.]
Honeywell and the United Auto Workers has put more than 300 people out of work for the past three months at the company's South Bend factory. It's a difficult situation that has led several Democratic politicians-- including U.S. Joe Donnelly, gubernatorial candidate John Gregg, state Rep."/>
Coleman says Walorski has ignored Honeywell workers [South Bend Tribune, Ind.]
Mandalay Resources Corporation today announced revenue of $54.2 million, adjusted EBITDA of $22.1 million and consolidated net income before special items of $5.2 million, or $0.01 per share, for the second quarter of 2016. The Company's unaudited consolidated interim financial results for the three months ended June 30, 2016, together with its Management's Discussion and Analysis for the corresponding period, can be accessed under the Company's..."/>
Mandalay Resources Corporation Announces Second Quarter 2016 Financial Results and Quarterly Dividend
Black Diamond Group Limited,, a leading provider of workforce accommodation and space rental solutions, today announced its operating and financial results for the three and six month periods ended June 30, 2016. All financial figures are expressed in Canadian dollars. "Black Diamond's focus on cost management and financial flexibility continues to benefit our existing operations and provide opportunity for future growth," said Trevor Haynes, Chairman, President and CEO of..."/>
Black Diamond Announces Second Quarter 2016 Results
WesternOne Inc. today announced the release of its financial results for the three and six months ended June 30, 2016.. The results, consisting of WesternOne's unaudited financial statements for the three and six months ended June 30, 2016 and Management's Discussion and Analysis dated August 11, 2016, are available on SEDAR. Consolidated revenue of $25.2 million, gross profit of $4.7 million and adjusted EBITDA of negative $1.1 million, compared to..."/>
WesternOne Inc. Announces 2016 Q2 Results and Appoints New Director
Electrovaya today reports its Q3 financial results for the quarter ending June 30, 2016. All numbers are in US dollars. "The Q3, FY2016 was pivotal, as the engineering and business development teams, laid the ground work for exponential revenue growth. The disappointing Q3 revenues were expected as Electrovaya transitions to deliver new products to major Tier 1 customers."/>
Electrovaya Reports Q3 FY2016 Financial Results
Magellan Aerospace Corporation released its financial results for the second quarter of 2016. All amounts are expressed in Canadian dollars unless otherwise indicated. The results are summarized as follows:. 1. Overview A summary of Magellan's business and significant updates."/>
Magellan Aerospace Corporation Announces Second Quarter 2016 Financial Results
Orbital ATK, Inc.. The investigation concerns whether the Company’ s and its officers potentially violated securities laws by misleading investors regarding losses associated with certain government contracts. On August 10, 2016, the Company announced the need to restate prior financial statements relating to a long term government contract."/>
Glancy Prongay & Murray Commences Investigation on Behalf of Orbital ATK, Inc. Investors
Horizon North Logistics Inc. reported its financial and operating results for the three and six months ended June 30, 2016 and 2015.. Horizon North's operations were significantly impacted by the wildfires in the Fort McMurray area."/>
Horizon North Logistics Inc. Announces Results for the Quarter Ended June 30, 2016
Horizon North Logistics Inc. reported its financial and operating results for the three and six months ended June 30, 2016 and 2015.. Horizon North's operations were significantly impacted by the wildfires in the Fort McMurray area."/>
Horizon North Logistics Inc. Announces Results for the Quarter Ended June 30, 2016
Bri-Chem Corp., a leading North American wholesale distributor and manufacturer of oil and gas drilling fluids today announces its financial results for the second quarter of 2016. The results for the three and six months ended June 30, 2016 reflect the challenging North American energy industry conditions as the significant reduction in commodity prices has led to a corresponding decrease in..."/>
Bri-Chem Announces Second Quarter 2016 Financial Results

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