Industry News

TrueBlue, Inc. announced today that revenue for the second quarter of 2016 was $673 million, an increase of seven percent, compared to revenue of $628 million for the second quarter of 2015. Net loss for the second quarter was $64 million or $1.53 per diluted share, compared to net income of $17 million or $0.42 per diluted share for the second quarter of 2015. Adjusted net income* for both the second quarter of 2016 and the second quarter of 2015 was $21 million or $0.51..."/>
TrueBlue Reports 2016 Second Quarter Results
Universal Forest Products, Inc. today reported net earnings attributable to controlling interest of $33.4 million for the second quarter of 2016, up 28.6 percent over net earnings attributable to controlling interest of $26.0 million for the same period of 2015. Second-quarter 2016 diluted earnings per share were $1.64, compared to diluted earnings per share of $1.28 for the second quarter of 2015. Net sales of $872.1 million in the second..."/>
UFPI posts record net earnings, net sales; retail and construction markets lead sales gains
Woodward, Inc. today reported financial results for its third quarter of fiscal year 2016 ending June 30, 2016.. Third Quarter Fiscal 2016 Highlights. Net sales for the third quarter of 2016 were $508 million, an increase of 3 percent from the third quarter of last year."/>
Woodward Reports Third Quarter Fiscal Year 2016 Results
Mistras Group, a leading“ one source” global provider of technology-enabled asset protection solutions, has agreed to settle, subject to court approval, the class action case pending in U.S. District Court for the Northern District of California, Visceral and Kruger v. Mistras Group, Inc., involving claims related to California and Federal wage and hour and other labor laws.."/>
Mistras Group Agrees to Legal Settlement and Updates Earnings Guidance for its Recently Completed Fiscal Year 2016
SP Plus Corporation today announced that it expects to release second quarter 2016 earnings on Wednesday, August 3, 2016, after the close of market. On Thursday, August 4, 2016, the Company will host a conference call at 10:00 AM that can be accessed via webcast at http://ir.spplus.com.. To listen to the live call, individuals are directed to the investor relations section of the company’ s website, www.spplus.com, at least fifteen minutes early to register,..."/>
SP Plus Corporation to Release Second Quarter 2016 Results on August 3, 2016
Parkit Enterprise Inc. would like to remind shareholders they have until 10:30 am on Friday July 22, 2016 to vote their shares for the upcoming Annual General Meeting of Parkit shareholders to be held 10:30 am on Tuesday July 26, 2016.. Shareholders are urged to carefully read the information circular dated June 24, 2016 and the recent letter sent to shareholders in connection with the Meeting. A copy of the information circular and..."/>
Parkit Reminds Shareholders to Vote Using Their BLUE Proxy in Advance of the Voting Deadline
Morneau Shepell has released the results of its Performance Universe of Pension Managers' Pooled Funds for the second quarter of 2016.. According to the report, in the second quarter of this year, diversified pooled fund managers posted a median return of 2.5 per cent before management fees."/>
Morneau Shepell releases the results of its Performance Universe of Pension Managers' Pooled Funds
Elbit Systems Ltd. announced today that it has been awarded contracts worth $30 million to supply advanced thermal-imaging observation systems to a country in Europe. The systems will serve all army command levels, from the dismounted soldier to the headquarters command and will be supplied over a one-year period. Among the systems that are being provided are Long View CR observation systems-, LOROSS systems- and XACT observation..."/>
BRIEF: Elbit Systems awarded $30m surveillance system deal [Globes, Tel Aviv, Israel]
Delta Air Lines, which will operate the slot from its hub at Minneapolis."/>
American Airlines doesn't get DFW-Tokyo Haneda route [Fort Worth Star-Telegram]
Lockheed Martin's second-quarter profits fly higher despite the fact the company is subsidizing production of the F-35 joint strike fighter built at its Fort Worth plant. The Maryland-based defense giant reported $12.9 billion in sales compared to $11.6 billion a year ago. Its net earnings in the quarter were $1 billion, or $3.32 per share, contrasted with $929 million, or $2.94 per share in the second quarter of 2015.."/>
Lockheed posts profits despite subsidizing F-35 production [Fort Worth Star-Telegram]
Mastech Holdings, Inc., a national provider of Information Technology services, has scheduled a conference call to discuss the results of its second quarter ended June 30, 2016. The conference call will occur on Wednesday, July 27 at 9:00 a.m. Eastern Time and will be hosted by Mr. Vivek Gupta, CEO and Mr."/>
Mastech Holdings, Inc. to Discuss Second Quarter 2016 Financial Results on July 27, 2016
Black Diamond Group Limited, a leading provider of workforce accommodation and modular workspace solutions, today declared a dividend of $0.025 per share to be paid on August 15, 2016 to shareholders of record on July 29, 2016. The ex-dividend date is July 27, 2016. This dividend is an' eligible dividend' for Canadian income tax purposes. Black Diamond rents and sells modular workforce accommodation and space rental solutions to business customers in..."/>
Black Diamond Group Limited Announces July Dividend
CBRE Group. The commercial real estate company's study found that e-commerce is the main reason for the growth, with foreign cargo shipped to the U.S. coasts, routed to inland ports like Memphis, warehoused and broken into smaller amounts for continued..."/>
Report: E-commerce makes Memphis among leading inland ports [The Commercial Appeal, Memphis, Tenn.]
United Rentals, Inc. today announced that its subsidiary, United Rentals, Inc., has given notice of its intention to redeem all of the outstanding $200 million principal amount of its 7.375% Senior Notes due 2020 on August 19, 2016. The Notes will be redeemed at a redemption price equal to 103.688% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the Redemption Date. URNA has instructed Wells Fargo Bank, National Association,..."/>
United Rentals Announces Redemption of 7.375% Senior Notes Due 2020
VirTra Systems, Inc.,, a leading provider of use of force simulators and firearms training simulators, today announced that the Annual Meeting of Stockholders of the Company will be held at the Company’ s corporate offices, 7970 South Kyrene Road, Tempe, Arizona, 85284, on September 16, 2016 at 10:00 A.M., local time. Only stockholders of record at the close of business on July 28, 2016 are entitled to notice of and to vote at the Annual Meeting.."/>
VirTra Announces Details of Annual Stockholders Meeting
Altra Industrial Motion Corp., a leading global supplier of electromechanical power transmission and motion control products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.15 per share for the third quarter of 2016. This is the eighteenth consecutive dividend in the Company’ s history. The dividend will be paid on October 4, 2016 to shareholders of record as of the close of business on..."/>
Altra Industrial Motion Corp. Announces Third Quarter 2016 Dividend
Strongco Corporation today announced it will hold a conference call on Thursday, August 4, 2016 at 10 am ET to discuss the Company's financial performance for the second quarter ended June 30, 2016.. Results will be issued by press release prior to the call. The conference call will be hosted by Robert Beutel, Executive Chairman and David Wood, Chief Financial Officer."/>
Strongco to Hold Second Quarter 2016 Results Conference Call
American Commerce Solutions, Inc. Daniel L. Hefner, President and CEO, announced today that Best Way Auto& Truck Rental has sold a Best Way franchise in Las Vegas, Nevada. John D. Keena, President of Best Way, stated, "Expansion of the Best Way brand through franchise operations shows great promise. Owners and operators will require less involvement from Best Way management in the daily operations while increasing our coverage area."/>
AACS / Best Way Auto & Truck Rental, Inc. Sells Las Vegas Franchise
United Bank posted lower profits in the second quarter, as expenses rose and fee income fell. United Financial Bancorp, Inc. said net income was $9.1 million, or 18 cents a diluted share, for the quarter ended June 30, compared with $13.3 million, or 27 cents a share, a year earlier. The bank announced its earnings after market close Tuesday."/>
United Bank Parent Posts Lower Quarterly Profits [The Hartford Courant]

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