$JBT (John Bean Technologies Corporation)

$JBT {{ '2016-02-22T14:21:40+0000' | timeago}} • Announcement

$JBT, a technology provider to food & beverage industry, said its BoD declared its 1Q16 cash dividend of $0.10 per share of outstanding common stock. The quarterly dividend is payable on March 21, 2016 to shareholders of record on March 7, 2016.

$TXT {{ '2017-07-19T11:42:57+0000' | timeago}} • Announcement

$TXT reiterated its FY17 GAAP EPS from continuing operations guidance of $2.22-2.45 or $2.40-2.60 on an adjusted basis. Textron also confirmed its net cash provided by operating activities of continuing operations of the manufacturing group guidance of $1.045-1.145Bil and manufacturing cash flow before pension contributions of $650-750MM.

$TXT {{ '2017-07-19T11:41:03+0000' | timeago}} • Announcement

$TXT posted 2Q17 income from continuing operations of $0.57 per share or $0.60 per share of adjusted income from continuing operations, compared to $0.66 per share a year ago. Revenues in the quarter were up 2.6% to $3.6Bil. Net income fell to $153MM or $0.57 per diluted share from last year's $177MM or $0.65 per share.

$CAT {{ '2017-07-18T12:38:52+0000' | timeago}} • Announcement

$CAT's BoD appointed  Cheryl H. Johnson as the Chief Human Resources Officer (CHRO) effective July 24, 2017. In this new role, Johnson will report directly to the CEO Jim Umpleby, and will be a member of company's executive office. Prior to this she was the EVP of human resources at $TXT.

$TXT {{ '2017-07-17T20:16:24+0000' | timeago}} • Announcement

$TXT named Julie Duffy as EVP, Human Resources, effective immediately. Duffy succeeds Cheryl Johnson, who has been named Chief Human Resources Officer at $CAT. Duffy will report directly to $TXT Chairman and CEO Scott Donnelly.

$NANO {{ '2017-07-11T13:28:28+0000' | timeago}} • Announcement

$NANO, a provider of process control systems, has launched a software-based process control solution called SpectraProbe. The new solution, which is designed to provide advanced data analytics to maximize fab productivity, adds to the company’s software process control metrology suite.

$MKSI {{ '2017-07-11T13:17:27+0000' | timeago}} • Announcement

Manufacturing solutions provider $MKSI made a $50MM voluntary principal prepayment on its term loan, in addition to the scheduled payment of $1.6MM. The payment has reduced the outstanding principal amount to $523MM from $780MM.

$MTSC {{ '2017-07-06T20:31:06+0000' | timeago}} • Announcement

$MTSC completed the repricing of its existing $457MM senior secured Term Loan B facility. The new applicable rate is LIBOR plus 325BP, subject to a 0.75% LIBOR floor, resulting in interest savings of over $4MM per year. The company also repriced its revolving credit facility of up to $120MM to reduce the applicable rate by 100BP.

$MTD {{ '2017-07-05T13:49:43+0000' | timeago}} • Announcement

$MTD said Elisha Finney has been appointed to its BoD and Audit Committee, effective November 1, 2017. It is anticipated that Finney will succeed Francis Contino as the Chair of the Audit Committee upon his retirement in May 2018. Finney served as the CFO of $VAR.

$SPXC {{ '2017-06-28T20:42:09+0000' | timeago}} • Announcement

$SPXC appointed Robert Toth as a new independent member of its BoD, effective July 1, 2017. In addition to Board membership, Toth has been appointed to serve on the Board’s Compensation Committee. Toth currently serves as a Managing Director at CCMP Capital Advisors.

$TXT {{ '2017-06-28T18:56:58+0000' | timeago}} • Announcement

Bell Helicopter, a $TXT company, said that Shaanxi Helicopter Co. Ltd. has signed a purchase agreement for 100 Bell 407GXPs, with deliveries starting in 2017, in connection with the framework agreement entered into with Shaanxi in 2016. The Bell 407GXP, launched in 2015, is an upgrade to the Bell 407 product line.

$TXT {{ '2017-06-28T16:03:07+0000' | timeago}} • Announcement

$TXT appointed Lisa Atherton as president & CEO of Textron Systems. She succeeds Ellen Lord, who will be nominated by President Donald Trump as Under Secretary of Defense for Acquisition, Technology and Logistics within the Department of Defense. Atherton most recently served as EVP of Military Business at Bell Helicopter.

$JBT {{ '2017-06-16T12:28:04+0000' | timeago}} • Announcement

$JBT to acquire Aircraft Maintenance Support Services, Ltd. The company expects earnings dilution of approx. $0.03 per share in 2017, including $0.01 in 2Q17, and accretion of approx. $0.04 per share in 2018.

$JBT {{ '2017-06-16T12:25:43+0000' | timeago}} • Announcement

$JBT to acquire Aircraft Maintenance Support Services, Ltd. (AMSS), a privately held manufacturer of military aviation equipment based in the UK for GBP10MM (approx. US$12.7MM) before customary post-closing adjustments. The transaction expected to close during 3Q17.

$TXT {{ '2017-06-14T17:07:12+0000' | timeago}} • Announcement

$TXT has been named as one of two companies selected to compete for Mid-Endurance Unmanned Aircraft Systems (MEUAS) III task orders from the US Special Operations Command (USSOCOM). The contract is 54-months long with a maximum ceiling of $475MM.

$TXT {{ '2017-06-13T17:08:32+0000' | timeago}} • Announcement

Textron Aviation, a $TXT company, rolled out the first production unit of the Cessna Citation Longitude, its latest clean-sheet design, super-midsize business jet. State-of-the-art assembly and fabrication tools and techniques bring exceptional quality and superior fit and finish to this revolutionary aircraft.

$MSA {{ '2017-06-09T09:35:41+0000' | timeago}} • Announcement

The board of directors safety equipment maker $MSA has elected Thomas W Giacomini, President and CEO of $JBT, to MSA’s board of directors. Earlier, Giacomini served in a variety of positions of increasing responsibility for Dover Corporation, including President and CEO of Dover Engineered Systems.

$TXT {{ '2017-06-08T15:03:16+0000' | timeago}} • Announcement

Bell Helicopter, a $TXT company, announced that its Bell 505 Jet Ranger X helicopter has been certified by the Federal Aviation Administration (FAA).

$MTSC {{ '2017-06-07T21:04:08+0000' | timeago}} • Announcement

$MTSC has declared a quarterly dividend of $0.30 per share. The dividend is payable on July 7, 2017 to shareholders as on June 23, 2017.

$MTSC {{ '2017-06-07T13:51:00+0000' | timeago}} • Announcement

$MTSC has entered into a partnership with McLaren Applied Technologies to develop an all-electric automotive driving simulator. It will be used by vehicle manufacturers and their suppliers to conduct real-world driving simulations of vehicle performance and provide engineers with early insights in the design cycle.

$TXT {{ '2017-06-06T18:52:01+0000' | timeago}} • Announcement

Textron Aviation, a subsidiary of $TXT, said the European Aviation Safety Agency and the Federal Aviation Administration have certified its Cessna Turbo Skyhawk JT-A, paving the way for deliveries to customers in Europe and the US.  The aircraft has exceeded the initial performance targets, including improved maximum range.

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