Industry News

Caterpillar Inc. today announced the following changes:. -Following a distinguished career of more than 35 years with the company, Gwenne Henricks, currently vice president with responsibility for the Product Development& Global Technology Division, is retiring. -The company will form a single research, technology and product development division to deliver high-quality product differentiation and system integration."/>
Caterpillar Officer Retires; Company Creates Division Focused On Advancing Research, Product Development and Innovation Capabilities
Caterpillar Inc. announced today it intends to pursue strategic alternatives, including a possible divestiture, for its room and pillar products, which serve a segment of underground soft rock mining customers. The company will also discontinue production of track drills within its Resource Industries portfolio. The company and its dealers remain committed to existing customers and will support..."/>
Caterpillar to Explore Strategic Alternatives for Certain Mining Products; Company continues restructuring and optimizing manufacturing footprint
Tempus Applied Solutions announced today that the Company was a team member to one of the successful offerors selected as a prime contractor on a United States Navy indefinite delivery/indefinite quantity contract to provide airborne and land-based training support to various U.S. The potential value of the contract is approximately $45 million over five years. The team of companies that includes TAS will be competing against..."/>
Tempus Applied Solutions Awarded Contract With U.S. Navy
Aerojet Rocketdyne, Inc., a subsidiary of Aerojet Rocketdyne Holdings, Inc., supported the successful launch of two Geosynchronous Space Situational Awareness Program satellites into orbit to help detect and track space objects as part of the Air Force Space Command-6 mission. The mission was launched from Cape Canaveral Air Force Station in Florida by a United Launch Alliance Delta IV rocket. Aerojet Rocketdyne propulsion included an RS-68A..."/>
Aerojet Rocketdyne Supports Launch of AFSPC-6 Mission
Orbital ATK-Built Satellites Will Track In-Orbit Man-Made Objects for AFSPC-6 Mission. DULLES, Va.---- Orbital ATK, a global leader in aerospace and defense technologies, announced today that two satellites the company designed, built and tested for the U.S. Air Force were successfully deployed following their launch aboard a United Launch Alliance Delta IV rocket from Cape Canaveral Air Force Station, Florida, on August 19, 2016."/>
Orbital ATK Satellite and Launch Vehicle Technologies Play Vital Role in Air Force Mission
Morneau Shepell Inc. announced today a cash dividend of $0.065 per share for the month of August 2016, to be paid on September 15, 2016 to holders of record of shares of MSI on August 31, 2016.. MSI designates this dividend to be an "eligible dividend" pursuant to subsection 89 of the Income Tax Act and similar provincial and territorial legislation. About Morneau Shepell Inc. Morneau Shepell is the only human resources consulting and technology company..."/>
Morneau Shepell Declares August 2016 Cash Dividend
Werner Enterprises, a premier transportation and logistics provider, recently was named to U.S. Veteran Magazine’ s Best of the Best Top Veteran Friendly Companies for the third year in a row. The Best of the Best for employers list is selected annually after U.S."/>
Werner Enterprises Named “Best of the Best” for Third Straight Year
Textron Systems Canada Inc., a Textron Inc. company, announced today the delivery of the first Tactical Armoured Patrol Vehicle to the Canadian Army. The Canadian Army is fielding the first vehicles to the 5th Canadian Division Support Base Gagetown and the 2nd Canadian Division Support Base Valcartier. The TAPV is a 4 x4 wheeled armoured vehicle specifically engineered and designed to provide survivability, mobility and versatility over the full..."/>
Textron Systems Delivers First TAPV to the Canadian Army
Lockheed Martin pumped into the F-35 Lightning II program earlier this year to keep the mile-long Fort Worth assembly line moving. Orlando Carvalho, Lockheed's executive vice president for aeronautics, said Thursday the company has received money that has "significantly improved" its cash position. While no one at either the Pentagon or Lockheed is confirming the amount, credible sources say it is close to..."/>
Pentagon pays off Lockheed's $1 billion F-35 subsidy [Fort Worth Star-Telegram]
Umbra Applied Technologies Group, Inc., Chairman released a very candid semi-annual letter detailing improved performance and areas the company is focused on in its continuing commitment to becoming more efficient. After observing decreased market share in Q4 2015, UATG's Chairman Alex Umbra revealed that, "In January, due to a highly volatile geopolitical climate and vicissitudinous market dynamics, we began to actively pursue areas of improvement and..."/>
Umbra Applied Technologies Groups Chairman Releases Semi-Annual Performance Letter
Lancashire Holdings was in focus on a quiet day in mid-August. The talk in the market is that a massive Canadian pension fund, thought to be Ontario Teachers' Pension Plan, approached the business before Britain's referendum on leaving the European Union about taking the company private. It is said that before Brexit, the fund had indicated it could be willing to offer about pounds sterling 1.3 bn or 618 p a share for Lancashire Holdings."/>
Daily Mail, London, market report column [Daily Mail, London]
Werner Enterprises, Inc., one of the nation’ s largest transportation and logistics companies, announced today that its Board of Directors declared a regular quarterly cash dividend of$. 060 per common share payable to stockholders of record at the close of business on October 3, 2016. This dividend will be paid on October 18, 2016.. Werner Enterprises has paid a quarterly cash dividend to its stockholders every quarter since July 1987.."/>
Werner Enterprises Announces Quarterly Dividend
FedEx Corporation today declared a quarterly cash dividend of $0.40 per share on FedEx Corporation common stock. The dividend is payable October 3, 2016 to stockholders of record at the close of business on September 12, 2016.. FedEx Corp. provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services."/>
FedEx Corp. Board Declares Quarterly Dividend
STORAGEVAULT CANADA INC. is pleased to announce that it has closed its previously announced bought deal financing."/>
StorageVault Canada Inc. Announces Closing of $57.5 Million Bought Deal Financing
ExOne Announces Changes in Executive Leadership Team
Avis Budget Group Inc., United Rentals Inc., Hertz Global Holdings Inc., and Red Rock Resorts Inc.."/>
Research Report Coverage on Rental & Leasing Services Stocks -- Avis Budget Group, United Rentals, Hertz Global, and Red Rock Resorts

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