$LDL (Lydall, Inc.)

$LDL {{ '2016-07-08T16:33:08+0000' | timeago}} • Announcement

$LDL said it has acquired Texel, a division of ADS, Inc., for about $96MM in cash. The business is expected to be fully integrated by 2018, and $LDL sees to leverage its operating discipline, business efficiencies, and economies of scale to generate estimated annual cost savings of about $2MM.

$CBT {{ '2018-01-19T16:33:24+0000' | timeago}} • Announcement

$CBT elected Cynthia Arnold to its BoD, effective Jan. 18, 2018. She was also appointed a member of the Compensation Committee. $CBT elected Sue Rataj as Non-Executive Chair of the Board of Directors, effective March 9, 2018. $CBT said Roderick MacLeod will retire from the Board, effective at annual meeting that will be held on March 8, 2018.

$HON {{ '2018-01-18T16:05:32+0000' | timeago}} • Announcement

$HON said its cockpit technologies have been selected by United Airlines to outfit its new fleet of more than 150 Boeing 737 MAX airplanes. The flight deck package will include the first installment of $HON’s SmartRunway and SmartLanding and will feature IntuVue RDR-4000 3D Weather Radar System and Integrated Multi-Mode Receiver.

$HON {{ '2018-01-17T19:27:52+0000' | timeago}} • Announcement

$HON announced that Honeywell Outcome Based Service, a cloud-enabled building management service that helps identify misconfigurations sooner than traditional maintenance, now extends to mechanical systems. This provides more insight into a building’s operational efficiency while optimizing total cost of ownership.

$KMT {{ '2018-01-16T13:41:17+0000' | timeago}} • Announcement

$KMT said that effective Jan. 16, 2018, Peter Dragich will become the company's VP of the Industrial business. Additionally, Ron Port will become the company's VP and President of the Infrastructure business segment with global responsibility for the company's advanced materials, earth cutting tools, engineering components and ceramics business.

$CBT {{ '2018-01-16T11:50:12+0000' | timeago}} • Announcement

$CBT's BoD declared a quarterly dividend of $0.315 per share on all outstanding shares of its common stock. The dividend is payable on March 9, 2018, to stockholders of record at the close of business on Feb. 23, 2018.

$KBH {{ '2018-01-10T21:30:35+0000' | timeago}} • Announcement

With 9% more deliveries to 3,340 homes. $KBH ended 4Q17 with a backlog value of $166Bil, up 9%. Company-wide, net orders per community for the fourth quarter averaged 3.4 per month.

$KBH {{ '2018-01-10T21:27:55+0000' | timeago}} • Announcement

With net order value growing 9% to $935.4MM, $KBH saw 4Q17 revenue surge 18% to $1.4Bil. In the quarter, the homebuilder saw net income more than double to $84.3MM or $.84 per diluted share, from last year's $37.5MM or $.40 per diluted share.

$KEM {{ '2018-01-03T17:52:32+0000' | timeago}} • Announcement

$KEM expects that it will continue to experience strong performance, both in income statement and balance sheet, throughout balance of fiscal year. $KEM expects to continue to grow cash, with a 2Q ending balance of $253.7MM, and an estimated 3Q ending balance of $265-275MM, while lowering debt and lifting capital expenditures to build capacity.

$KEM {{ '2018-01-03T17:48:52+0000' | timeago}} • Announcement

$KEM expects 3Q18 net sales to be within the $288-300MM range, and gross margin as a percentage of net sales are expected to be 26.5-27.5%. Order rates remain significantly higher than at the same time in the company’s 2Q, and distributor days-on-hand inventory remains within normal levels.

$IEX {{ '2018-01-02T14:44:23+0000' | timeago}} • Announcement

$IEX appointed Mark Beck to its BoD, effective Jan. 1, 2018. Beck has served as President and CEO of JELD-WEN Holding, a door and window manufacturers, since November 2015, and was appointed as a Director of JELD-WEN in May 2016.

$HON {{ '2017-12-20T14:28:53+0000' | timeago}} • Announcement

$HON and Karamba Security are collaborating on an end-to-end automotive cybersecurity solution for monitoring and securing vehicle communications and reducing exposure to cyber threats resulting from increasing vehicle connectivity.

$HII {{ '2017-12-19T17:22:36+0000' | timeago}} • Announcement

$HII's Newport News Shipbuilding division was awarded a contract from General Dynamics Electric Boat worth up to $468MM to begin work on integrated product and process development for the US Navy’s new Columbia-class submarines. Construction of the 12-submarine Columbia class is expected to begin in FY21 with the first delivery to the Navy in 2028.

$KMT {{ '2017-12-15T15:54:55+0000' | timeago}} • Announcement

Engineering company $KMT has named Joseph Alvarado to its board of directors, effective January 1, 2018. Alvarado is slated to retire as chairman of Commercial Metals Company next month. He joined Commercial Metals in April 2010 as EVP and COO, and went on to become President and COO in April 2011.

$BWA {{ '2017-12-15T15:25:26+0000' | timeago}} • Announcement

$BWA announced the appointment of Frédéric Lissalde to EVP and chief operating officer, effective January 1, 2018.

$HON {{ '2017-12-13T14:26:53+0000' | timeago}} • Announcement

For full-year 2017, $HON narrowed its organic growth guidance to about 4% and again narrowed its EPS guidance to the high end of the previous guidance range, or about $7.10, excluding separation costs. $HON expects sales to total approx. $40.6Bil. Segment margin is expected to be about 18.9%. $HON expects free cash flow to be about $4.6-4.7Bil.

$HON {{ '2017-12-13T14:26:37+0000' | timeago}} • Announcement

For 4Q17, $HON raised its organic sales growth guidance to 7-8%. The company narrowed its expected 4Q17 EPS to the high end of the previous guidance range, or about $1.84 per share, excluding separation costs.

$HON {{ '2017-12-13T14:26:22+0000' | timeago}} • Announcement

$HON expects organic sales growth of 2-4% in 2018. The company expects to grow segment margins by 30-60BP in 2018. $HON expects 2018 EPS growth of 6-10% excluding the estimated SpinCo separation. In 2018, $HON is targeting free cash flow growth of more than 20%.

$IEX {{ '2017-12-11T15:10:34+0000' | timeago}} • Announcement

$IEX announced the acquisition of thinXXS Microtechnology AG, a manufacturer of microfluidic components serving the point of care, veterinary, and life science markets. Located in Zweibrücken, Germany, thinXXS will operate within IDEX Health & Science LLC, part of $IEX's Health and Science Technologies (HST) segment.

$IR {{ '2017-12-11T12:07:34+0000' | timeago}} • Announcement

$IR elected Kirk E. Arnold and Karen B. Peetz as members of the Board of Directors. Arnold and Peetz will join the Board in February and April 2018, respectively.

$HON {{ '2017-12-07T15:48:27+0000' | timeago}} • Announcement

$HON signed an agreement to acquire a 25% ownership interest in FLUX Information Technology, a provider of warehouse management in China. $HON will also form a new JV with FLUX's founder. $HON will hold a 75% stake in the new JV, which will focus on opportunities in Asia-Pacific. The investment in FLUX is expected to close by 4Q17-end.

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