San Diego’s Daylight Solutions, which makes infrared lasers used to protect military helicopters from heat seeking missiles, has agreed to be acquired by Italian aerospace and defense contractor Leonardo for $150 million. Founded in 2005, Daylight employs about 110 workers and has raised more than $35 million in capital over the years.
Category: Manufacturing
Akzo Mulls Breakup After Rejecting $22 Billion PPG Bid
Akzo Nobel NV, Europe’s largest coatings company, rejected an unsolicited 20.9 billion-euro takeover bid from PPG Industries Inc. and said it may separate its specialty chemicals business to boost the stock price. PPG’s bid, worth 83 euros a share at the end of February, substantially undervalued the company, Amsterdam-based Akzo said in a statement Thursday, confirming a Bloomberg News report that the U.S. company was exploring a deal.
Johnson Controls Showcases Innovative Technologies in India Through ACREX 2017
“Our successful merger with Tyco has greatly enhanced our existing capabilities and expanded our portfolio of products and solutions. Our combined insights and world-class technologies will help us to better meet the needs of our customers throughout the entire lifecycle of their buildings,” said On display at the Johnson Controls booth at ACREX 2017 were technologies designed to advance energy efficiency and increase building intelligence.
Goodyear experts partner with Akron STEM schools on special projects
The Goodyear Tire & Rubber Co. wants to inspire more Akron-area companies to create boots-on-the-ground partnerships with Akron Public Schools.
Sealed Air Corporation’s (SEE) Hold Rating Reaffirmed at Jefferies Group LLC
‘s stock had its “hold” rating restated by equities researchers at Jefferies Group LLC in a research report issued to clients and investors on Thursday. They presently have a $45.00 target price on the stock, down from their previous target price of $48.00.
Perceptron, Inc. (PRCP) Raised to Hold at Zacks Investment Research
According to Zacks, “Perceptron, Inc. designs, manufactures and markets information based process measurement and guidance solutions which help customers improve performance. Perceptron’s product offerings are designed to improve quality,increase productivity and decrease costs in the automotive and forest products workplace.
Sealed Air Corporation (SEE) Downgraded to “Strong Sell” at Zacks Investment Research
According to Zacks, “Sealed Air’s bottom-line remained flat year over year but beat the Zacks Consensus Estimate. Total revenue dipped 0.6% but missed the Zacks Consensus Estimate.
Jefferies Group LLC Cuts Sealed Air Corporation (SEE) Price Target to $45.00
Jefferies Group LLC’s price objective would suggest a potential downside of 5.92% from the stock’s current price. Other equities analysts have also issued research reports about the company.
Architectural Coatings Trends and T…
“Necessity is the mother of invention” drives technology development in many markets, and is especially true in architectural coatings. Increasingly strict regulations regarding the environment, people’s health and sustainability have accelerated and driven innovation.
How Profitable Is SpaceX, Really?
Last year, prior to the big SpaceXplosion — which kind of knocked SpaceX off the rails — we spent a lot of time digging into SpaceX’s finances. We asked: How does SpaceX make money ? And we answered the question: ” How profitable is SpaceX ” when it makes all that money? Much of this was based on educated guesswork, however, as we extrapolated what we knew about the finances at SpaceX rivals Boeing , and applied it to what we thought that might mean for SpaceX’s own finances.
Sierra Nevada Corp. to expand Louisville site, plans 400 new jobs
Aerospace firm Sierra Nevada Corp. has leased 101,000 square feet of additional space within Louisville’s Colorado Technology Center, a move that could net the company roughly 400 new hires over the next year and a half.
Press release distribution, EDGAR filing, XBRL, regulatory filings
Global Vacuum Generator Market for Industrial Robots Driven by Demand for Precisely Cut and Assembled Components From Automotive Sector: Technavio )–According to the latest market study released by Technavio, the global vacuum generator market for industrial robots is expected to grow at a CAGR of more than 8% during th… )–A.M. Best has placed under review with negative implications the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of “a-” of Indemn… )–The Applied Fluid Technology Division of Graco Inc. , a leading manufacturer of fluid handling equipment, is pleased to announce the launch of My Graco Rewar… IMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces an Investigation of Stemline Therapeutics, Inc. and Encourages Investors to Contact the Firm )–Khang & Khang LLP announces that it is investigating claims against Stemline Therapeutics, Inc.
Press release distribution, EDGAR filing, XBRL, regulatory filings
Having received a record nu… The Ensemble Fund Ranked First Percentile in Morningstar US Large Growth Category out of 1,468 Funds, Based on Total Returns for 2016 )–The Ensemble Fund announced today the net of fees results for their first full calendar year of performance was 12.96%1.
18,925 Shares in Perceptron, Inc. (PRCP) Acquired by Trent Capital Management Inc. NC
Trent Capital Management Inc. NC bought a new position in Perceptron, Inc. during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission . The institutional investor bought 18,925 shares of the company’s stock, valued at approximately $126,000.
President Trump signs order to withdraw from TransPacific Partnership
President Trump holds up an executive order withdrawing the U.S. from the TransPacific Partnership after signing it in the Oval Office of the White House in Washington, D.C., on Jan. 23, 2017. President Trump holds up an executive order withdrawing the U.S. from the TransPacific Partnership after signing it in the Oval Office of the White House in Washington, D.C., on Jan. 23, 2017.
Research and Markets – World Airborne Telemetry Market 2016-2021 with …
Research and Markets – World Airborne Telemetry Market 2016-2021 with Rockwell Collins, L-3 Communications Holdings, Honeywell International & Leonardo-Finmeccanica Dominating the $8.52 Billion Market Research and Markets – World Airborne Telemetry Market 2016-2021 with Rockwell Collins, L-3 Communications Holdings, Honeywell International & Leonardo-Finmeccanica Dominating the $8.52 Billion Market Various factors, such as growing use of software defined radio technology, emergence of modern electronic warfare and network-centric warfare systems, and the increased use of wireless and cloud computing technologies are expected to fuel the growth of this market.
Tech startups, space take off on hopeful year
New leadership for a local tech group, new space facilities and growth in virtual reality are what’s in store this year for the tech, defense and space industries in Central Florida, meaning the potential for big changes by year’s end. New leadership for a local tech group, new space facilities and growth in virtual reality are what’s in store this year for the tech, defense and space industries in Central Florida, meaning the potential for big changes by year’s end.
Press release distribution, EDGAR filing, XBRL, regulatory filings
For the tax year ended December 31, 2016, 100% of distributi… )–Ventas, Inc. announced today the tax treatment of its 2016 distributions. The following table summarizes, for income tax purposes, … )–Terex Corporation today announced that it priced $600 million in new financing, not including discounts and commissions or other offering expe… )–MSCI Inc. has renamed its MSCI South East Asia Indexes, which will be known as the MSCI ASEAN Indexes.
Perceptron Schedules Second-Quarter 2017 Conference Call/ Webcast for February 7, 2017
Perceptron, Inc. will hold its conference call/webcast to discuss financial results for the second quarter and six months ended December 31, 2016, on Tuesday, February 7, at 10:00 AM . Perceptron plans to release financial results for the second quarter after the market closes on Monday, February 6. About Perceptron Perceptron develops, produces and sells a comprehensive range of automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection and 3D scanning.
Under Armour at CES highlights digital transformation efforts as…
Under Armour CEO Kevin Plank will give a keynote at CES 2017. And why not? Data and technology are the enablers if Under Armour is going to hit the $10 billion revenue mark.
Red Solo Cup inventor Robert Hulseman dies at age 84
Robert Hulseman, who in the 1970s invented the Red Solo Cup for family picnics only to see it embraced as the go-to beverage holder at college keg parties and football tailgates – and even the inspiration for a country music party hit – has died. He was 84. The former president and chief executive of his family’s Solo Cup Co.
Red Solo Cup inventor Robert Hulseman dies at age 84
Robert Hulseman, who in the 1970s invented the Red Solo Cup for family picnics only to see it embraced as the go-to beverage holder at college keg parties and football tailgates – and even the inspiration for a country music party hit – has died. He was 84. The former president and chief executive of his family’s Solo Cup Co.
Nation-Now 40 mins ago 7:51 p.m.Raise a cup: Red Solo inventor dies
Robert Hulseman died at his Illinois home of health complications following a series of strokes, the Associated Press reported. He served as president and chief executive of the family-run Solo Cup Co., but his invention of the plastic cup – particularly the red ones – is what stands out to many.
Nation-Now 40 mins ago 7:51 p.m.Raise a cup: Red Solo inventor dies
Robert Hulseman died at his Illinois home of health complications following a series of strokes, the Associated Press reported. He served as president and chief executive of the family-run Solo Cup Co., but his invention of the plastic cup – particularly the red ones – is what stands out to many.
Press release distribution, EDGAR filing, XBRL, regulatory filings
Current Q Previous Q … )–Western Asset Mortgage Defined Opportunity Fund Inc. today announced the financial position of the Fund as of September 30, 2016.