Industry News

SolarCity, the solar energy systems installer whose acquisition by Tesla Motors is being delayed by shareholder lawsuits, is facing another legal challenge from a competitor that accuses it of stealing trade secrets for the production of high-efficiency solar panels. The lawsuit, filed Monday by Cogenra Sola and its longtime majority shareholder Khosla Ventures, alleges that SolarCity and its solar panel manufacturing business, Silevo, stole trade secrets..."/>
SolarCity faces another legal hurdle as competitor sues over trade secrets [The Buffalo News, N.Y.]
Stuart Olson Inc. today announced that it will release its financial results for the three and nine months ended September 30, 2016 on Thursday, November 3, 2016 after the close of the Canadian capital markets. The Company will host a conference call and webcast to discuss its 2016 third quarter results on Friday, November 4, 2016 at 7:30 a.m. MT. The conference call will include prepared remarks from David LeMay, President and CEO, and Daryl Sands,..."/>
Stuart Olson Announces Release Date, Conference Call and Webcast for 2016 Third Quarter Financial Results
Aegion Corporation announced its President and Chief Executive Officer, Charles R. Gordon, will host a conference call on Tuesday, October 4, 2016 at 9:30 a.m. Eastern Daylight Time to discuss the Company’ s long-term strategy for growth. There will be a question and answer period after the prepared remarks. LIVE CONFERENCE CALL AND WEBCAST: Tuesday, October 4, 2016, 9:30 a.m. Eastern Daylight Time Listen-only, Toll-free: 877-312-8824 Listen-only, Toll: 408-940-3830..."/>
Aegion Corporation Sets Date to Discuss the Company’s Long-Term Strategy for Growth
InnerWorkings, the leading global marketing execution firm, today announced a new partnership with Preferred Hotels& Resorts, the world’ s largest independent hotel brand. Under the exclusive multi-year agreement, InnerWorkings will facilitate the production of all branded items that Preferred Hotels& Resorts creates for its offices, member hotels, current and potential partners and loyal guests, from the company’ s Preferred Travel magazine to collateral for its..."/>
InnerWorkings Announces Exclusive Partnership with Preferred Hotels & Resorts
Boyuan Construction Group, Inc., a growing construction company in China of commercial, residential and municipal infrastructure projects, today reported its financial results for the three-month and twelve-month periods ended June 30, 2016.. Selected Fiscal Year Financial Results."/>
Boyuan Files FY2016 Financial Statements
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.

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