Industry News

Hitachi, Skoda, and Bombardier. The cars to be purchased will have 1,700 passenger seats, and will account for 37% of the 520 railway cars now operated by Israel Railways. The new cars are slated to cost NIS 3 billion."/>
6 bids in Israel Railways electrified cars tender [Globes, Tel Aviv, Israel]
Cargojet Inc. announced today that it has completed the private placement of 100,000 variable voting shares of Cargojet to James R. Crane, a member of Cargojet's Board of Directors, disclosed in the Company's final prospectus dated September 8, 2016. The Company intends..."/>
Cargojet Director Acquires Shares
FreeSeas Inc., a transporter of dry-bulk cargoes through the ownership and operation of two Handysize vessels and an owner of a controlling stake in a company commercially operating tankers, announced today that on September 26, 2016, it sold to unrelated third parties the M/V‘ Free Maverick’, a 1998- built, 23,994 dwt Handysize dry bulk carrier for a sale price of $1,925,000 and her mortgage was discharged.. FreeSeas Inc. is a Marshall Islands..."/>
FreeSeas Concludes Sale of Vessel
Global Power Equipment Group Inc. today provided an update on the timing of when it expects to file its financial statements as well as its liquidity initiatives and financial position. It also announced expected goodwill and trade name impairments and valuation allowance on deferred tax assets. Financial Restatement Process and 2016 Financial Statements."/>
Global Power Provides Update on Restatement Process and Financial Position
Powell Industries, Inc., a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that its Board of Directors has named Brett A. Cope, age 48, President and Chief Executive Officer of the Company, effective October 1, 2016. Cope was also named to the Board of Directors effective October 1 st. Thomas W. Powell, Chairman, President and Chief Executive Officer, stated, "On behalf..."/>
Powell Industries Names Brett A. Cope President And Chief Executive Officer
DigitalGlobe, Inc., the global leader in Earth imagery and information about our changing planet, today announced that its online Basemap Suite has reached a significant milestone, with the availability of more than 250 million square kilometers of the world’ s highest-resolution 30 cm commercial satellite imagery. This includes over 500..."/>
DigitalGlobe’s Basemap Suite Expands to Include 250 Million Square Kilometers of 30 cm Imagery
El Al Israel Airlines Ltd. will start holding flight ticket auctions on its website and the site of its low-cost brand Up. This capability was developed by the Israeli startup BidFlyer, whose system enables online bidding for vacant flight seats. The potential is huge: according to the International Air Transportation Association, the average plane occupancy rate worldwide is 79.7%, leaving over 20% of tickets unsold."/>
BidFlyer teams with El Al to auction unbooked seats [Globes, Tel Aviv, Israel]
Orbital ATK, Inc. securities between June 1, 2015, and August 9, 2016. The complaint alleges that throughout the Class Period, Defendants made false and/or..."/>
GPM Reminds Investors of the October 11th Deadline in the Class Action Lawsuit Against Orbital ATK, Inc. and Encourages Investors to Contact the Firm
AECOM to study a new MetroLink line that would run from north St. Louis through the city's south side. The East-West Gateway Council of Governments voted to allow executive director Jim Wild to negotiate a contract not to exceed $2 million with the global engineering, construction and planning firm."/>
Contractor chosen to study proposed north-south MetroLink line [St. Louis Post-Dispatch]
Thermal Energy International Inc.. IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company."/>
IIROC Trading Resumption - TMG
Norfolk Southern Corporation announced today that James A. Hixon, executive vice president law and corporate relations and chief legal officer, will retire effective Dec. 1, 2016.. "Jim has served Norfolk Southern in a wide variety of executive capacities for more than two decades," said James A. Squires, chairman, president, and CEO. "His contributions to the success of our company and to the overall vitality of the American railroad industry are..."/>
Norfolk Southern's EVP and CLO Hixon to retire; Galanko and Scheib are promoted.
Tactile Systems Technology of northeast Minneapolis has been a winner for shareholders since it went public in July at a price of $10 per share. The fast-growing medical products company, which does business as Tactile Medical, raised more than $40 million in its offering. The stock closed Friday at $20.18 per share, a nearly doubling of shareholder value to more than $320 million."/>
IPO market remains a shadow of its former self [Star Tribune (Minneapolis)]
Thermal Energy International Inc.. Reason: At the Request of the Company Pending News."/>
IIROC Trading Halt - TMG
American Airlines Group that operates American Eagle flights, announced today that it will re-open New York’ s LaGuardia International Airport as a base of operations, beginning in early 2017.. “This exciting development is just the latest in a string of great news for Envoy,” said Dee Temples, Senior Vice President Air Operations.“ And yet another tangible result of our team’ s hard work and dedication to..."/>
Start Spreading the News: Envoy Returns to the Big Apple
MISTRAS Group, Inc. will have a conference call on Friday, October 7, 2016 at 9:00am Eastern Time to discuss its results for the first quarter of fiscal year 2017, which ended August 31, 2016. A press release with the first quarter results will be issued after the close of market on Thursday, October 6, 2016.. The call will broadcast over the Web and can be accessed on MISTRAS' Website, www.mistrasgroup.com."/>
Mistras Group Announces Conference Call to Discuss Fiscal 2017 First Quarter Results on October 7, 2016
Lockheed Martin has manufactured and delivered the first modernized Tactical Missile System missile to the U.S. Army from its Camden, Arkansas, production facility. As part of the U.S."/>
Lockheed Martin Delivers First Modernized TACMS Missile

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