$OSK (Oshkosh Corporation)

$OSK {{ '2016-01-06T20:32:59+0000' | timeago}} • Announcement

Manufacturer of specialty and military vehicles $OSK said that John Urias, EVP and President of Oshkosh Defense, LLC., will retire effective Feb. 6, 2016, to attend to matters regarding the health of his family. Wilson Jones, $OSK's President and CEO, will lead the Defense segment on a day-to-day basis until a replacement for Mr. Urias is named.

$MRCY {{ '2017-10-18T13:51:03+0000' | timeago}} • Announcement

$MRCY has received $4.7MM in orders from a leading defense prime contractor for high performance radio frequency (RF) subsystems integrated into an advanced airborne electronic protection system. The order was booked in the its 1Q18 and is expected to be shipped over the next several quarters.

$AA {{ '2017-10-13T16:51:21+0000' | timeago}} • Announcement

$AA and Luminant Generation Company LLC have terminated the electricity contract associated to $AA's Rockdale Operations in Texas. The termination of the contract, which had been set to expire around 2038, was effective October 1, 2017.

$MRCY {{ '2017-10-12T20:49:08+0000' | timeago}} • Announcement

$MRCY received a $3.2MM follow-on order from a defense prime contractor for high-speed, rugged memory devices integrated into an airborne command, control, and intelligence (C2I) computing system. The order was booked in the company's 1Q18 and is expected to be shipped over the next several quarters.

$CAT {{ '2017-10-11T20:03:56+0000' | timeago}} • Announcement

$CAT maintains its quarterly dividend of $0.78 per share of common stock. The dividend is payable on November 20,2017 to shareholders of record on October 23, 2017.

$GM {{ '2017-10-11T15:25:45+0000' | timeago}} • Announcement

Deliveries of $GM and its JVs in China rose 6.6% on an annual basis to 366,305 vehicles in Sep. Chevrolet sales grew 11% from a year earlier. SUVs remained the key driver of the company’s sustained growth, with sales rising 63% year over year.

$NOC {{ '2017-10-11T12:24:30+0000' | timeago}} • Announcement

$NOC has priced a $8.25Bil underwritten public offering of senior unsecured notes. The company intends to use the net proceeds of the offering, together with cash on hand, to finance its previously announced acquisition of $OA. The offering is expected to close on Oct. 13, 2017

$MRCY {{ '2017-10-05T20:57:18+0000' | timeago}} • Announcement

$MRCY received a $6.2MM order from a defense prime contractor for advanced radio frequency (RF) subsystems for an airborne electronic warfare application. The order was booked in 1Q18 and is expected to be shipped over the next several quarters.

$GM {{ '2017-10-04T11:49:18+0000' | timeago}} • Announcement

$GM crossover deliveries were up 43%, trucks were up 10% and passenger cars were down 11% in September. Retail deliveries, which accounted for about 80% of sales, were up 8% for GM’s best September retail performance since 2007. GM’s U.S. retail share is estimated to be up 0.6 percentage points.

$GM {{ '2017-10-04T11:48:04+0000' | timeago}} • Announcement

$GM posted a 12% year-over-year increase in total sales in September to 279,397 units, driven by a 17% increase at Chevrolet and an 9% increase at GMC.

$CSL {{ '2017-10-03T16:54:04+0000' | timeago}} • Announcement

$CSL appointed Shelley Bausch as President of Carlisle Fluid Technologies, effective immediately. Bausch joins Carlisle from $PPG where she served as VP of Global Industrial Coatings. Bausch serves on the BoD of $KRA.

$TSLA {{ '2017-10-02T20:49:24+0000' | timeago}} • Announcement

$TSLA's production for 3Q17 totaled 25,336 vehicles, with 260 of them being Model 3. Model 3 output was less than anticipated due to production bottlenecks. Although vast majority of manufacturing subsystems at both its California car plant and Nevada Gigafactory are able to operate at high rate, handful have taken longer to activate than expected.

$TSLA {{ '2017-10-02T20:48:25+0000' | timeago}} • Announcement

$TSLA said it has previously indicated that 2H17 Model S and X deliveries would likely exceed 1H deliveries of 47,077, but the company now expects to exceed that by several thousand vehicles. In total, $TSLA expects to deliver about 100,000 Model S and X vehicles in 2017, which would be a 31% increase over 2016.

$TSLA {{ '2017-10-02T20:48:11+0000' | timeago}} • Announcement

$TSLA delivered 26,150 vehicles in 3Q17, of which 14,065 were Model S, 11,865 were Model X and 220 were Model 3. The Model S and X deliveries represent a 4.5% increase over 3Q16, and a 17.7% increase over 2Q17. Also, about 4,820 Model S and X vehicles were in transit to customers at end of 3Q17, which will be counted as deliveries in 4Q17.

$CSL {{ '2017-10-02T13:48:45+0000' | timeago}} • Announcement

$CSL agreed to acquire Accella Performance Materials, the premier specialty polyurethane platform, from Arsenal Capital Partners for $670MM in cash. First year EPS accretion is expected to be $0.09. Upon completion of the transaction, the business will be reported as part of the Carlisle Construction Materials segment.

$AAXN {{ '2017-10-02T12:29:09+0000' | timeago}} • Announcement

$AAXN announced the appointment of two key additions to the finance team: Jim Zito as VP of Accounting and Andrea James as VP of Investor Relations. James joins Axon after most recently supporting investor relations at $TSLA, while Zito was earlier Global Controller for $GE Healthcare Digital and Healthcare Partners.

$MRCY {{ '2017-09-28T22:08:51+0000' | timeago}} • Announcement

$MRCY received $11.5MM in follow-on orders from a leading defense prime contractor for BuiltSAFE computing modules to be used in Command, Control, Communications, Computers, and Intelligence (C4I) subsystems. The orders were booked in 1Q18 and are expected to be shipped over the next several quarters.

$ATU {{ '2017-09-28T19:01:42+0000' | timeago}} • Webcast

During 4Q17, $ATU signed an agreement to divest its Viking business for $12MM in order to reshape its Energy segment portfolio. This will also limit the company's exposure to upstream oil and gas exploration.  The net cash outflow from the transaction is expected to be approx $25MM in 2018.

$ATU {{ '2017-09-28T18:51:41+0000' | timeago}} • Webcast

$ATU's Engineered Solutions segment posted 20% growth in its 4Q17 sales, while operating profit increased by over 400BP. This increase was mainly due to improvement in sales coverage, customer support and manufacturing performance. In addition, the Chinese heavy-duty truck production remained strong and Europe maintained solid build levels.

$OA {{ '2017-09-27T13:31:01+0000' | timeago}} • Announcement

$OA, which is into aerospace and defense technologies, has been awarded a contract worth $350MM from the US Navy to continue full-rate production (FRP) of the AGM-88E Advanced Anti-Radiation Guided Missile (AARGM). With an initial award of $157MM for FRP Lot 6 US Navy missiles, the contract also includes an option for FRP Lot 7 missiles.

$ATU {{ '2017-09-27T13:12:49+0000' | timeago}} • Announcement

During 4Q17, $ATU's Industrial segment sales rose 7% to $100MM. Sales of Energy segment fell 25% YoY to $69MM. Engineered Solutions segment sales were $107MM, up 18% from prior year.

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ATU (Actuant Corporation)
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