Industry News

Toro Co.' s sales. The Bloomington-based company on Thursday reported record earnings for the third quarter but said sales slid 1.4 percent from the same period a year ago. Weather and currency translations cut into the results, the company said."/>
Toro records record quarterly earnings despite sales slip [Star Tribune (Minneapolis)]
Connecticut Job Growth Steady [The Hartford Courant]
Vistara cancels flights on some sectors [Mint, New Delhi]
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" the its cash position. While no one at either the Pentagon or Lockheed is confirming the amount, credible sources say it is..."/>
Pentagon pays off Lockheed's $1 billion F-35 subsidy [Fort Worth Star-Telegram]
Union Pacific Railroad spokesman Justin Jacobs confirmed Thursday that the Bluecut Fire damaged the railroad's Mojave Sub Bridge. The bridge is located several miles north of Cajon Junction and just east of Interstate 15, according to Jacobs, who said the bridge is part of one of Union Pacific's main lines through the Cajon Pass. "It didn't burn up, we are working to get the bridge back and to maintain integrity," Jacobs said."/>
Union Pacific Mojave Sub Bridge damaged in Bluecut Fire [Desert Dispatch, Barstow, Calif.]
Delta Air Lines cuts. Airport president Scott Brockman said he stresses the growth in available seats on planes and local people flying out of..."/>
Airport sees growth pace cooling off next spring but still beating U.S. average [The Commercial Appeal, Memphis, Tenn.]
Textron Aviation has filed building permits for work totaling $3.3 million at its plant in southeast Wichita. Full details of the work at the company's Pawnee Campus weren't available from Textron Aviation officials. "These are just standard upgrades being completed on the East Pawnee facility," Textron Aviation spokeswoman Nikki Riemen said in an e-mail Thursday."/>
Textron undertakes $3.3 million in upgrades to Pawnee site [The Wichita Eagle]
Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc., successfully completed additional testing of NASA’ s Space Launch System RS-25 development engine 0528, at NASA Stennis Space Center in Mississippi earlier today. The engine ran for a duration of 420 seconds over power ranges from 80 to 111 percent rated power level. A photo accompanying this announcement is available at..."/>
RS-25 Engine Test Advances SLS Progress and the Journey to Mars
Orbital ATK, Inc. securities between June 1, 2015 and August 9, 2016. If you are a member of the Class described above, you may move the Court no later than October 11, 2016 to serve as lead plaintiff. Please contact Casey Sadler at 888-773-9224 or..."/>
Glancy Prongay & Murray LLP Files Securities Class Action Lawsuit Against Orbital ATK, Inc.
NAC Global Technologies, Inc. announced today that on August 12, 2016 it closed the business combination with Swiss Heights Engineering S.A. of Lugano, Switzerland, a company that owns 100% of the Bellelli Group of companies and 100% of Petrochem Industrie Group of companies. The former shareholders of SHE received, in the aggregate, 69.5% of the issued and outstanding shares of NAC's common stock, 92.6% of NAC's common stock on a fully-diluted basis and..."/>
NAC Global Technologies Completes Business Combination With Swiss Heights Engineering, Which Holds 100% of Bellelli Engineering Group and Petrochem Industrie Group
Honeywell UOP today announced that it is introducing an expanded portfolio of new hydrotreating catalysts used to remove impurities and contaminants from petroleum and other refining feedstocks to produce cleaner-burning gasoline and diesel that meets new global emissions regulations. The addition of a range of hydrotreating catalysts expands Honeywell UOP's line of catalysts, which are used to produce transportation fuels..."/>
Honeywell UOP Introduces Range Of New Hydrotreating Catalysts, Expanding Offerings To Support Production Of Cleaner-Burning Gasoline And Diesel
Power Solutions International, Inc. stockholders concerning whether the company’ s officers and board of directors violated the federal securities laws. The investigation concerns whether Power Solutions and certain of its officers and/or directors have violated Sections 10 and 20 of the Securities Exchange Act of 1934.. On August 15, 2016, after the market closed, Power Solutions disclosed..."/>
Bragar Eagel & Squire, P.C. is Investigating the Officers and Directors of Power Solutions International, Inc. (PSIX) on Behalf of Stockholders and Encourages Investors to Contact the Firm
Power Solutions International, Inc. concerning possible violations of federal securities laws. If you purchased or otherwise acquired Power Solutions shares and would like more information regarding the investigation, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to..."/>
INVESTOR NOTICE: Goldberg Law PC Announces an Investigation of Power Solutions International, Inc. and Advises Investors with Losses to Contact the Firm
Ballard Power Systems today announced that a $28.3 million strategic equity investment made by Zhongshan Broad-Ocean Motor Co., Ltd. has closed. The Broad-Ocean investment, initially announced in a press release on July 26, 2016, has been made through a subscription and purchase of 17,250,000 common shares issued from treasury at a price per share of US $1.64. The investment represents approximately 9.9% of Ballard's outstanding common..."/>
Ballard Announces Close of $28.3M Strategic Equity Investment From Broad-Ocean
Ballard Power Systems today announced that a $28.3 million strategic equity investment made by Zhongshan Broad-Ocean Motor Co., Ltd. has closed. The Broad-Ocean investment, initially announced in a press release on July 26, 2016, has been made through a subscription and purchase of 17,250,000 common shares issued from treasury at a price per share of US $1.64. The investment represents approximately 9.9% of Ballard's outstanding common shares..."/>
Ballard Announces Close of $28.3M Strategic Equity Investment From Broad-Ocean
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..."/>
Caterpillar to Explore Strategic Alternatives for Certain Mining Products
New Flyer Industries Inc., the largest heavy-duty transit bus and motor coach manufacturer and parts distributor in North America, announced today that it is leading the effort and providing technical support towards the development of second generation on-route and depot charging systems for..."/>
New Flyer Second Generation On-Route Charging System Underway in Support of Global Charging Standards
Univar Inc. announced today the closing of the previously announced public offering of 20,943,741 shares of Univar's common stock at a price to the public of $19.00 per share by Univar N.V. and GSO COF Facility LLC, to Goldman, Sachs& Co., as the sole underwriter in the registered public offering of those shares. The Selling Stockholders will receive all of the net proceeds from this offering and no shares are being sold by Univar."/>
Univar Announces Closing of Sale of 20,943,741 Shares of Common Stock by Selling Stockholders

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