$CBI (Chicago Bridge & Iron Company N.V.)

$CBI {{ '2016-09-21T12:05:32+0000' | timeago}} • Announcement

Energy infrastructure provider $CBI has promoted Patrick K. Mullen to COO, effective immediately. In this new role, Mr. Mullen will have responsibility for project operations, commercial and support functions around the world. He most recently served as EVP and President of $CBI's Engineering & Construction operating group.

$MTRX {{ '2017-07-19T12:16:55+0000' | timeago}} • Announcement

$MTRX appointed John Chandler and Martha Carnes as new independent members of its BoD. The Company also announced that long-time Board members Michael Hall and Edgar Hendrix will retire from the Board and not stand for re-election at the 2017 Annual Meeting after serving on the Board for 19 years and 17 years, respectively.

$TDW {{ '2017-07-13T20:55:51+0000' | timeago}} • Announcement

$TDW said the United States Bankruptcy Court for the District of Delaware has confirmed its ‘second amended joint pre-packaged Chapter-11 plan of reorganization.’ The company expects the court to issue a written confirmation order on the matter within a few days.

$AME {{ '2017-06-22T13:13:23+0000' | timeago}} • Announcement

$AME completed its acquisition of $MOCO for $30 per share in cash per fully diluted common share, or about $182MM net of cash acquired. As a result of completion of merger, common stock of $MOCO will no longer be listed for trading. $MOCO joins $AME as part of its Process & Analytical Instruments Division within $AME's Electronic Instruments Group.

$IEX {{ '2017-06-21T10:41:27+0000' | timeago}} • Announcement

$IEX has declared a regular quarterly cash dividend of $0.37 per common share. The dividend is payable on July 31, 2017, to shareholders of record as of July 14, 2017.

$CLH {{ '2017-06-14T13:08:24+0000' | timeago}} • Announcement

$CLH commenced an offer to purchase for cash up to $400MM of its outstanding 5.25% Senior Notes due 2020. The tender offer will expire on July 12, 2017, unless extended.

$TDW {{ '2017-06-13T10:59:22+0000' | timeago}} • Announcement

$TDW reported a wider net loss in 4Q17, hurt by asset impairment charges. Net loss widened to $94.86MM or $2.01 per share from $81.79MM or $1.74 per share in 4Q16. Revenues dropped 12.7% to $160.75MM. Tidewater said it is awaiting the court’s approval to implement its pre-packaged restructuring plan, under a bankruptcy petition.

$AME {{ '2017-06-05T12:33:35+0000' | timeago}} • Announcement

Frank Hermance will retire as Executive Chairman of $AME BoD, effective July 7, 2017. CEO David Zapico will assume the additional role of Chairman of the Board, effective July 7, 2017. The Board also named Anthony Conti, a current Board member, as Lead Independent Director, effective July 7, 2017.

$EME {{ '2017-06-01T18:39:11+0000' | timeago}} • Announcement

$EME announced the election of Carol P. Lowe to the company’s Board of Directors at its 2017 Annual Meeting of Stockholders. Ms. Lowe is the Senior Vice President and Chief Financial Officer of Sealed Air Corporation.

$PWR {{ '2017-05-25T13:30:08+0000' | timeago}} • Announcement

$PWR's BoD authorized it to repurchase up to $300MM in shares of its outstanding common stock through June 30, 2020. The new repurchase program may be implemented through open market repurchases or privately negotiated transactions, at management's discretion.

$FTK {{ '2017-05-24T13:41:47+0000' | timeago}} • Announcement

$FTK closed on the sales of its Drilling Technologies and Production Technologies segments.  As previously disclosed, the Drilling Technologies division has been sold to $NOV for final consideration of $17MM. The Production Technologies segment has been acquired for total consideration of $2.9MM by an undisclosed buyer, as of May 23, 2017.

$NOV {{ '2017-05-22T13:27:31+0000' | timeago}} • Announcement

$NOV entered into a memorandum of understanding with Saudi Aramco to form a joint venture in Saudi Arabia. The JV will manufacture high-specification land rigs, rig and drilling equipment, and offer certain aftermarket services.

$TDW {{ '2017-05-19T21:04:13+0000' | timeago}} • Announcement

$TDW said the approved motions authorize the Company to pay prepetition employee wages and benefits without interruption, maintain its insurance programs, utilize its current cash management system, and pay undisputed prepetition obligations owed to its vendors and trade creditors in the ordinary course of business.

$TDW {{ '2017-05-19T21:03:43+0000' | timeago}} • Announcement

$TDW said the United States Bankruptcy Court for the District of Delaware has granted the relief requested by the company in certain first day motions related to ordinary course business activities. The approved motions authorize the company to pay prepetition employee wages and benefits without interruption.

$TDW {{ '2017-05-18T13:15:02+0000' | timeago}} • Announcement

$TDW and certain of its subsidiaries have filed voluntary petitions under chapter 11 in the U.S. Bankruptcy Court for the District of Delaware to pursue a prepackaged plan of reorganization. This is in accordance with its previous restructuring support agreement with certain creditors to effectuate a comprehensive balance sheet restructuring.

$NOV {{ '2017-05-18T12:55:24+0000' | timeago}} • Announcement

$NOV's BoD declared the regular quarterly cash dividend of $0.05 per share of common stock. The dividend is payable on June 30, 2017 to each stockholder of record on June 16, 2017.

$NOV {{ '2017-05-18T12:18:26+0000' | timeago}} • Announcement

$NOV broken ground on two manufacturing plants that will significantly strengthen the company's market-leading positions in providing composite pipe technologies and tubular coatings within Saudi Arabia. Both facilities will be located at MODON 3 near the city of Dammam.

$CLH {{ '2017-05-11T13:54:28+0000' | timeago}} • Announcement

$CLH agreed to acquire Lonestar West Inc. in an all-cash transaction valued at CAD $44.1MM. Lonestar shareholders will receive CAD $0.72 per share and $CLH will assume CAD $22.3MM in outstanding debt. $CLH expects the acquisition will be accretive in 2017. The deal will be accomplished through an amalgamation expected to close on July 14, 2017.

$AME {{ '2017-05-10T13:37:01+0000' | timeago}} • Announcement

$AME BoD declared a regular quarterly dividend of $0.09 per share for 2Q17. The dividend is payable June 30, 2017 to shareholders of record as of June 16, 2017.

$MTRX {{ '2017-05-10T13:11:44+0000' | timeago}} • Announcement

$MTRX remains optimistic about the long-term performance of business and strategic vision. $MTRX is actively managing cost structure to meet current and future customer commitments as markets improve. Continued strong bidding activity and other key indicators all point to improving capital project and maintenance spending in FY18.

$MTRX {{ '2017-05-10T13:10:10+0000' | timeago}} • Announcement

Availability under $MTRX's credit facility of $106.8MM along with the company's cash balance of $39.7MM provided liquidity of $146.5MM at March 31, 2017, a decrease of $81.9MM since Dec. 31, 2016.  This reduction is primarily attributable to a capacity constraint triggered by the company's financial performance in the quarter.

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