$ALGN (Align Technology Inc.)

$ALGN {{ '2016-05-04T13:12:21+0000' | timeago}} • Announcement

$ALGN said it has entered into a stock repurchase plan whereby it will repurchase up to $50MM of its common stock. This stock repurchase plan is in addition to, and will become effective upon, completion of $50MM ASR. This stock repurchase plan together with ASR completes 3-year $300MM stock repurchase program announced April 23, 2014.

$KAMN {{ '2017-07-17T14:22:49+0000' | timeago}} • Announcement

Kaman Distribution Group, the distribution segment of $KAMN, named Jeff Ames as VP, GM of its Automation platform, effective July 10, 2017. Prior to joining Kaman, Jeff served as GM at $ETN.

$XRAY {{ '2017-07-14T15:40:42+0000' | timeago}} • Announcement

Dental solutions provider $XRAY declared a quarterly cash dividend of $0.0875 per common share. The corresponding annual rate has increased 12.9% to $0.35 per share from the prior annual rate of $0.31 per share. The dividend is payable on April 13, 2017 to shareholders of record on March 31, 2017.

$MMM {{ '2017-06-30T15:31:24+0000' | timeago}} • Announcement

$MMM completed the sale of its tolling and automated license/number plate recognition business to Neology, which is a subsidiary of SMARTRAC, a portfolio company managed by One Equity Partners. The impact of the transaction will be neutral to both 2Q17 and full-year 2017 GAAP EPS.

$XRAY {{ '2017-06-28T12:56:52+0000' | timeago}} • Announcement

$XRAY agreed to a new distribution agreement in Canada. The company announced a new distribution agreement with Henry Schein Canada. This new agreement, effective Sept. 1, 2017 through Dec. 31, 2020, will expand the market opportunity for $XRAY's leading brands and integrated solutions, including Cerec and Schick.

$MSA {{ '2017-06-28T12:30:12+0000' | timeago}} • Announcement

Security products maker $MSA has agreed to acquire Globe Holding Company for $215MM, in an all-cash deal. The acquisition is expected to close in 3Q17. The company expects the transaction to be accretive to its GAAP EPS in the first 12 months following the closure of the deal. The transaction will be financed through incremental borrowings.

$HSIC {{ '2017-06-28T12:03:39+0000' | timeago}} • Announcement

$HSIC extended its existing agreement in Canada with $XRAY to include the CEREC CAD/CAM restoration system and the Schick line of imaging sensors. Henry Schein Canada will represent the entire $XRAY product line, effective Sept. 1, 2017. The revised agreement is expected to be neutral to $HSIC EPS in 2017 and accretive thereafter.

$IVC {{ '2017-06-26T12:47:11+0000' | timeago}} • Announcement

$IVC closed its Suzhou, China, manufacturing facility, effective June 26, 2017, consistent with the second phase of its strategic transformation focused on leveraging infrastructure and improving efficiencies. The company has transferred production from the Suzhou facility to Invacare operations located closer to its regional customers.

$AIT {{ '2017-06-22T13:15:15+0000' | timeago}} • Announcement

$AIT's BoD has declared a quarterly cash dividend of $0.29 per common share. The dividend is payable on Aug. 31, 2017, to shareholders of record on Aug. 15, 2017.

$KAMN {{ '2017-06-19T13:11:37+0000' | timeago}} • Announcement

Kaman Aerosystems, a division of the aerospace segment of $KAMN, entered into a Long Term Agreement (LTA) with Rolls-Royce to manufacture components for the production phase of the Trent 7000 engine program. The components will be manufactured at Kaman’s facilities in Bennington, Vermont; Bloomfield, Connecticut; Wichita, Kansas; and Darwen, UK.

$XRAY {{ '2017-06-16T15:19:56+0000' | timeago}} • Announcement

Dental solutions provider $XRAY has extended its partnership with Pacific Dental Services (PDS) by five more years. Under the agreement, PDS and the 1,600-plus dentists it supports will get access to Dentply’s consumables and the new technologies and services it offers. PDS-supported practices will be offered with Dentsply equipment and technology.

$ALGN {{ '2017-06-16T12:42:31+0000' | timeago}} • Announcement

Standard & Poor's will add $ALGN to the S&P 500 Index after the close of trading on June 16, 2017. Align will be added to the S&P 500 GICS Health Care Supplies Sub-Industry index.

$JCI {{ '2017-06-14T20:52:33+0000' | timeago}} • Announcement

$JCI's board of directors appointed Lynn Minella as vice president, chief human resources officer effective June 14. Minella succeeds Simon Davis who is leaving the company to pursue other opportunities. Minella most recently served as group human resources director at BAE Systems Plc based out of London.

$IVC {{ '2017-06-09T10:23:24+0000' | timeago}} • Announcement

$IVC priced $105MM aggregate principal amount of 4.50% convertible senior notes due 2022 in a private offering. The size of the offering was increased from the previously announced $100MM. The notes will be payable semi-annually in arrears on June 1 and December 1, beginning December 1, 2017. The sale is expected to close on June 14, 2017.

$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.

$MSA {{ '2017-06-06T20:54:01+0000' | timeago}} • Announcement

$MSA's BoD elected Nishan Vartanian to the newly-created position of President and COO. Vartanian had served as SVP and President of $MSA's business in the Americas since May 2015. With this election, William Lambert will continue to serve as the company's Chairman and CEO.

$ALGN {{ '2017-06-01T12:21:15+0000' | timeago}} • Announcement

$ALGN announced the opening of a new Invisalign treatment planning facility in Chengdu, China. The state of the art facility is the company's first manufacturing operations in China and represents the company's commitment to geographic expansion and investment in the Asia Pacific region.

$ALGN {{ '2017-05-25T13:02:58+0000' | timeago}} • Announcement

$ALGN received two U.S. patents for SmartTrack aligner material, used exclusively for Invisalign aligner treatment. SmartTrack material was designed specifically for orthodontic treatment with Invisalign aligners and more precisely conforms to tooth morphology, attachments, and interproximal spaces compared to other aligner materials.

$IVC {{ '2017-05-25T12:49:06+0000' | timeago}} • Announcement

$IVC announced the reduction of its workforce by about 50 associates in North America as a consequence of its operational improvements. These changes are expected to generate an incremental $2.7MM in annualized pre-tax savings in addition to its prior restructuring savings of about $9.2MM from actions taken since October 2016.

$IVC {{ '2017-05-18T17:26:39+0000' | timeago}} • Announcement

The BoD of $IVC declared a quarterly cash dividend of $0.0125 per share on its common shares and $0.011364 per share on its Class B common shares. The dividends are payable on July 14, 2017 to shareholders of record on July 3, 2017.

$MSA {{ '2017-05-18T17:23:28+0000' | timeago}} • Announcement

$MSA said Diane Pearse, CEO and President of Hickory Farms, LLC; Edward Shaw, Jr., former senior managing Director of Breeden Capital Management LLC; and William Lambert, MSA Chairman, CEO, have been re-elected as Directors of the company. Pearse, Shaw and Lambert will each serve for a term of three years.

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