Industry News

Allegheny Technologies and Alcoa delivered optimistic earnings reports in the past month."/>
Pittsburgh-area metal producers roared back in July [The Pittsburgh Tribune-Review]
National Presto Industries had a 14 percent drop in net sales last quarter when compared to the same period in 2015.. The nearly $88 million net sales for the three months ending July 3 was a notable decline from $102.4 million a year prior. In the company's second quarter earnings report released Friday, President Maryjo Cohen attributed the $14.4 million sales decrease primarily to timing of defense segment shipments, which were off by about 20..."/>
Presto sales fall in 2Q [The Leader-Telegram, Eau Claire, Wis.]
Ashok Leyland Ltd, resigned from the board of directors with effect from 28 July, the company said in a BSE filing on Friday. Seshasayee is also the non-executive chairman of Infosys Ltd and chairman of Indusind Bank Ltd.. Last year, the board of Infosys named Seshasayee, who was an independent director at the Bengaluru-based software services firm, as non-executive chairman, replacing K.V."/>
BRIEF: R. Seshasayee resigns from Ashok Leyland board [Mint, New Delhi]
L&T's Q1 profit rises 46% to Rs610 crore [Mint, New Delhi]
Barnes Group Inc. reported Friday a drop in second-quarter revenue and profit, citing unfavorable foreign exchange, weak tool and die markets in Asia and reduced aerospace manufacturing and spare parts sales. But its profit beat Wall Street expectations and shares jumped nearly 3.5 percent, closing at $37.93. Net income of $33.2 million, or 61 cents per share, was down 3 percent from the same three-month period last year."/>
BRIEF: Barnes Group Posts Lower 2nd Quarter Revenue, Profit [The Hartford Courant]
Chicago Tribune Phil Rosenthal column [Chicago Tribune]
Dycom Industries of Palm Beach Gardens is the region's top performer, rising 36 percent through the first seven months of the year. Juno Beach-based NextEra Energy had a bit of a hiccup when regulators in Hawaii rejected a merger bid there, but the utility's hefty earnings and dividend remain a draw for investors."/>
What summer lull? July a winner for some local shares [The Palm Beach Post, Fla.]
Graham Corp. is cutting its work force by 10 percent as the slump in its key energy markets cuts into the Batavia heat transfer equipment maker's sales and profits. Graham said it eliminated most of the jobs, including between 21 and 23 positions in Batavia, during June in a move that is expected to save the company about $2.7 million a year at a time when its first-quarter profits were barely better than break-even and its sales dropped by 19 percent. "A challenging..."/>
Graham cuts 10 percent of its workers as profits fall [The Buffalo News, N.Y.]
Taiga Building Products Ltd. announces that the following eight directors were elected at the annual general meeting of shareholders of the Company held on July 28, 2016:. In addition, at the Meeting, shareholders approved the reappointment of Dale Matheson Carr-Hilton Labonte LLP, Chartered Accountants as auditors of the Company for the ensuing year. The formal report of voting results with respect to all matters voted upon at the Meeting was filed on..."/>
Taiga Building Products Announces Annual General Meeting Voting Results
Discovery Air Inc. announced today that all of the nominees listed in its information circular for the annual meeting of shareholders held on July 29, 2016 in Toronto were elected as directors of Discovery Air. Each such director will serve until the next annual meeting of shareholders or until their successors are elected or appointed or they otherwise cease to serve as directors. Detailed results of the vote for the election of directors held at the..."/>
Discovery Air Announces Election of Directors
Taiga Building Products Ltd. today reported its financial results for the three months ended June 30, 2016.. First Quarter Ended June 30, 2016 Earnings Results. In December 2015, Taiga ceased certain operations relating to one of its business units."/>
Taiga Announces Financial Results for the Three Months Ended June 30, 2016
Seair Inc. announced that it has filed its financial statements and Management's Discussion and Analysis for the quarter ended May 31, 2016. Interested parties may view or download copies of these documents from www.SEDAR.com. The Company is a water technology corporation active at the heart of water-energy nexus that provides proprietary diffusion technology with..."/>
Seair Inc. Announces Q3 FY2016 Results
Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc., successfully tested NASA’ s Space Launch System RS-25 development engine, 0528, as the engine roared to life for 650 seconds at NASA’ s Stennis Space Center in Mississippi earlier today.. “When we send astronauts to deep space destinations, including Mars, we want them to be riding on the safest, most reliable launch vehicle, which is why we are testing the RS-25 engines under multiple..."/>
Progress is Heard as RS-25 Engine Roars to Life for NASA’s Space Launch System
Regal Beloit Corporation, announced that the Board of Directors, at its regular quarterly meeting held on July 28, 2016, declared a dividend of $0.24 per share. The dividend is payable on October 14, 2016, to shareholders of record at the close of business on September 30, 2016. This represents the 225 th consecutive quarterly dividend declared by the Company."/>
Regal Beloit Announces Dividend
Northern Power Systems Corp.,, a next generation renewable energy technology company, provides this further update to its news release dated March 28, 2016, which announced that the Company would be delayed in the filing of its annual report on form 10- K for the year ended December 31, 2015 as well as the related officer certifications for the year ended December 31, 2015. The Company today announces that it completed the filing of its Annual Filings on..."/>
Northern Power Systems Provides Update Regarding Filing of Disclosure Documents

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