$KN (Knowles Corporation)

$KN {{ '2016-07-08T15:11:48+0000' | timeago}} • Announcement

$KN said it completed on July 7 the sale of its mobile consumer electronics speaker and receiver product line to Shanghai Xu Ao Limited Partnership, an affiliate of Loyal Valley Innovation Capital, in consideration for $45MM in cash, less estimated purchase price adjustments.

$AVGO {{ '2018-01-22T13:45:18+0000' | timeago}} • Announcement

$AVGO said the US Federal Trade Commission has requested more information regarding its acquisition plan of $QCOM. The effect of the second request is to extend the 30-day waiting period imposed by the Hart-Scott-Rodino Antitrust Improvements Act of 1976. After $AVGO complies with the request, the regulator has 30 days to complete its review.

$AOS {{ '2018-01-19T18:05:18+0000' | timeago}} • Announcement

The BoD of $AOS approved a 29% increase in its quarterly cash dividend to $0.18 per share. This is consistent with the 5-year compound annual growth rate of its dividend which is over 25%. The dividend is payable on Feb. 15, 2018, to shareholders of record Jan. 31, 2018.

$TXN {{ '2018-01-19T14:38:01+0000' | timeago}} • Announcement

$TXN's BoD selected Brian Crutcher to become its next president and CEO, effective June 1. Crutcher succeeds current president and CEO, Rich Templeton, who will transition out of these roles over the next 4 months but will remain chairman.

$EMR {{ '2018-01-18T20:45:13+0000' | timeago}} • Announcement

$EMR acquired ProSys Inc., a global supplier of software and services that increase production and safety for the chemical, oil and gas, pulp and paper, and refining industries.

$GE {{ '2018-01-17T20:56:28+0000' | timeago}} • Announcement

$GE Transportation signed two contracts, valued at over $900MM, with Kazakhstan's state-run railroad Kazakhstan Temir Zholy, as part of its long-term commitment to develop the country's railway infrastructure. The contracts include the delivery of 300 shunter locomotives and an 18-year service agreement.

$TGNA {{ '2018-01-16T16:09:49+0000' | timeago}} • Announcement

$TGNA and $SNE entered into an exclusive, multi-year distribution agreement for TEGNA’s programming in the US and internationally. Under the terms, Sony Pictures will distribute all TEGNA owned first-run programming, including the new series “Daily Blast Live”, as well as future development.

$DSPG {{ '2018-01-09T18:09:38+0000' | timeago}} • Announcement

$DSPG announced that Primax is introducing a line of new low-cost voice assistants based on $DSPG’s advanced ULE SoC and SmartVoice audio/voice processors powered by HDClear. It integrates $DSPG’s HDClear voice enhancement algorithms, DBMD4 SoC and the DHX91 ULE SoC for a reliable human voice interface.

$CNI {{ '2017-12-22T19:58:54+0000' | timeago}} • Announcement

Railroad company $CNI has decided to purchase 200 new locomotives from $GE over the next three years. Production of the locomotives will commence next year at the GE facility in Texas, and the units are expected to be delivered in 2018, 2019 and 2020. The order includes Tier-4 and Tier -3 Evolution Series locomotives.

$EMR {{ '2017-12-20T17:13:16+0000' | timeago}} • Announcement

$EMR agreed to acquire Cooper-Atkins, a manufacturer of temperature management and environmental measurement devices and wireless monitoring solutions for foodservice, healthcare and industrial markets. The acquisition is expected to close within the next 60 days.

$WGO {{ '2017-12-20T13:03:32+0000' | timeago}} • Announcement

With 1Q18 revenue jumping 85% to $450MM, $WGO started the year with net income soaring 36% to $0.57 per diluted share or $17.96MM.

$GE {{ '2017-12-18T14:51:55+0000' | timeago}} • Announcement

Airborne Wireless Network (ABWN) entered into a Support Agreement on Dec. 14, 2017 with GE Aviation, one of $GE Business Units. ABWN anticipates that this relationship should significantly accelerate the development of ABWN's proprietary Hybrid Radio and Free-Optics Communications System to be demonstrated CY18.

$WGO {{ '2017-12-14T13:21:27+0000' | timeago}} • Announcement

$WGO's BoD approved on Dec. 13, 2017 a quarterly cash dividend of $0.10 per share. The dividend is payable on Jan. 24, 2018, to common stockholders of record at the close of business on Jan. 10, 2018.

$UA {{ '2017-12-12T13:10:21+0000' | timeago}} • Announcement

$UA named Massimo Baratto as Vice President and Managing Director of its European business. He will report to Charlie Maurath, Chief Revenue Officer. Also, Kelley McCormick has been appointed as Senior Vice President of Corporate Communications, a newly created position.

$WGO {{ '2017-12-08T19:07:32+0000' | timeago}} • Announcement

$WGO announced the repricing of a $260MM Term Loan B facility at an interest rate of LIBOR plus 3.5% to replace the previous facility that carried an interest rate of LIBOR plus 4.5%. $WGO also amended its existing $125MM ABL facility. Interest rates on the amended ABL will now be from LIBOR plus 125BP to 175BP.

$GE {{ '2017-12-07T15:43:43+0000' | timeago}} • Announcement

$GE Power plans to reduce its global headcount by about 12,000 positions, affecting both professional and production employees. This aligns with $GE's effort to lower overall structural costs by $3.5Bil in 2017 and 2018. The plans announced are driven by challenges in the power market worldwide.

$GE {{ '2017-12-07T15:40:27+0000' | timeago}} • Announcement

$GE Power plans to reduce its global headcount by about 12,000 positions, affecting both professional and production employees. The headcount reductions, combined with actions taken previously in 2017, will position GE Power to reach its announced target of $1Bil in structural cost reductions in 2018.

$AVGO {{ '2017-12-06T22:46:55+0000' | timeago}} • Announcement

$AVGO, which recently had a failed takeover bid of $QCOM, swung to profit in 4Q17, driven by a 33% growth in its Wireless communications segment, which makes smartphone parts and chips for iPhones. Profit was $671MM or $1.50 per share for the quarter, while revenue surged 17% to $4.84Bil. Adjusted EPS jumped 32% to $4.59 per share.

$UA {{ '2017-12-05T14:35:31+0000' | timeago}} • Announcement

$UA named David Bergman as chief financial officer. He served as an interim CFO since February 2017. Bergman has held several senior positions at $UA since joining the company in 2004. In this new role, he will report to the CEO Kevin Plank.

$UA {{ '2017-12-05T14:29:35+0000' | timeago}} • Announcement

As a part of the restructuring of digital business, $UA named Michael La Guardia as Senior Vice President, Digital Product. In this new role, La Guardia, a former $YHOO executive, will report to CTO Paul Fipps, who will manage the digital business. Following this move, co-founders of mobile app MyFitnessPal, plan to leave the company in Jan. 2018.

$EMR {{ '2017-12-04T21:49:05+0000' | timeago}} • Announcement

$EMR has completed the purchase of Paradigm, a provider of software solutions to the oil and gas industry. The combination of Paradigm with $EMR’s Roxar software business creates a comprehensive Exploration & Production (E&P) software portfolio offering. Paradigm is headquartered in Houston and has more than 500 employees globally.

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