$CIR (CIRCOR International, Inc.)

$CIR {{ '2016-05-13T14:48:11+0000' | timeago}} • Announcement

Engineered products company $CIR said its BoD has declared a regular quarterly dividend of $0.0375 per share on its common stock payable on June 10, 2016 to shareholders of record as of May 26, 2016.

$HAYN {{ '2017-07-21T15:43:00+0000' | timeago}} • Announcement

Challenging market conditions and tough pricing environment have forced $HAYN to lower its revenue expectation for 3Q17 to be approx $97-98MM, and net loss to be between $3.9MM and $2MM. The continued weakness in the chemical processing market drove approx. $1.5MM in inventory valuation adjustments impacting profitability for the quarter.

$TGI {{ '2017-07-20T21:16:45+0000' | timeago}} • Announcement

$TGI BoD declared a regular quarterly dividend of $0.04 per share on its outstanding common stock. The dividend is payable Sept. 15, 2017 to shareholders of record as of Sept. 1, 2017.

$AIR {{ '2017-07-19T14:54:16+0000' | timeago}} • Announcement

$AIR has expanded its relationship with Dubai-based carrier flydubai by signing a long-term contract to provide comprehensive flight-hour component support for its new Boeing 737 MAX aircraft. The airline is set to take delivery of 100 Boeing 737 MAX 8 aircraft ordered at the 2013 Dubai International Airshow by the end of 2023.

$AIR {{ '2017-07-12T19:32:04+0000' | timeago}} • Announcement

$AIR's BoD authorized the repurchase of up to $250 million of its common stock. This new authorization replenishes the company's previous program, increasing its remaining authority of $63MM back up to $250MM.

$AIR {{ '2017-07-11T22:11:35+0000' | timeago}} • Announcement

$AIR's BoD authorized the repurchase of up to $250MM of its common stock. The stock may be repurchased in the open market or in privately negotiated transactions. The repurchased stock will be held as treasury shares and may be reissued for various corporate purposes.  There is no expiration date on the stock repurchase authorization.

$AIR {{ '2017-07-11T21:17:51+0000' | timeago}} • Webcast

$AIR stated that it expects a decent performance from its MRO business in FY18. The company believes it has good alignment in terms of customers and facilities. The Rockford facility is online and it was profitable in 4Q17. $AIR is positive on the prospects in this area.

$AIR {{ '2017-07-11T21:01:34+0000' | timeago}} • Webcast

In 4Q17, $AIR recorded significant new business wins, including the award of a $909MM fixed-price contract from the US Air Force for the Landing Gear Performance-Based Logistics One program. $AIR was also awarded a multi-year component support contract with ASL Group, covering approx. 100 passenger and cargo aircraft.

$AIR {{ '2017-07-11T20:33:55+0000' | timeago}} • Announcement

$AIR said it expects to continue employing a balanced capital allocation strategy, leveraging the company's financial strength to support growth opportunities. AAR plans to supplement the growth of its integrated supply chain and MRO businesses through acquisitions.

$AIR {{ '2017-07-11T20:25:50+0000' | timeago}} • Announcement

Aviation support company $AIR reported a 5.1% annual growth in 4Q17 sales. Net profit climbed to $21.2MM or $0.62 per share from $12MM or $0.34 per share in the year-ago quarter. Sales in Aviation Services rose 5.2% YoY, and those in Expeditionary Services moved up 4.1%. Performance in 4Q17 was positively impacted by an increase in new orders.

$F {{ '2017-07-11T12:52:02+0000' | timeago}} • Announcement

$F issued a safety recall for certain vehicles. The affected vehicles include: Ford Edge vehicles built at Oakville Assembly Plant, April 25 to June 20, 2017,  Ford Fusion vehicles built at Hermosillo Assembly Plant, May 4 to June 15, 2017, and Lincoln MKZ vehicles built at Hermosillo Assembly Plant, May 4 to June 19, 2017.

$F {{ '2017-07-11T12:50:40+0000' | timeago}} • Announcement

$F issued a safety recall for certain vehicles with 6F35 transmissions to replace torque converters. In the affected vehicles, if the welded studs detach, the torque converter will lose coupling to the engine flexplate. This can result in loss of motive power without warning while driving, which may increase the risk of a crash.

$F {{ '2017-07-11T12:48:47+0000' | timeago}} • Announcement

In North America, $F issued a safety recall for about 6,000 Ford Edge, Fusion and Lincoln MKZ 2.0-liter gas engine-equipped vehicles with 6F35 transmissions that may have torque converters with inadequately welded studs.

$AIR {{ '2017-07-10T22:44:06+0000' | timeago}} • Announcement

$AIR announced that Michael D. Milligan was appointed CFO, effective September 1, 2017. He will succeed Timothy J. Romenesko, who will retire at the end of 2017.

$AIR {{ '2017-07-10T22:33:50+0000' | timeago}} • Announcement

$AIR declared a quarterly cash dividend of $0.075 per share, payable on August 2, 2017 to stockholders of record as of July 21, 2017.

$F {{ '2017-07-06T14:06:30+0000' | timeago}} • Announcement

$F reported a 15% annual growth in sales in the Chinese market in June, with the number crossing 100K units. Sales at Changan Ford Automobile grew 9% annually, and those at Jiangling Motor Corporation climbed 27%.  Sales at Lincoln were higher by 84% compared to June 2016.

$HAYN {{ '2017-07-05T21:09:01+0000' | timeago}} • Announcement

Specialty metals company $HAYN has elected Dawne S Hickton as a member of its BoD, effective July 1, 2017. Hickton, President and founding partner of Cumberland Highstreet Partners, earlier served as VC, President and CEO of RTI International Metals.

$TKR {{ '2017-07-05T12:40:40+0000' | timeago}} • Announcement

Engineering firm $TKR said its subsidiary Timken India has entered into an agreement to acquire Mumbai-based ABC Bearings Ltd. After the merger of ABC into Timken India, shareholders of the former will receive Timken India’s shares as consideration. The transaction is expected to complete in six months.

$WOR {{ '2017-06-29T18:07:55+0000' | timeago}} • Webcast

$WOR is seeing stronger demand from the Northeast in the coming quarters, where various energy infrastructure projects such as drilling and pipe-laying are nearing completion. Going ahead, the company will continue with its strategy to grow through mergers and acquisitions, and estimates capital expenditure of $80-85MM this year.

$WOR {{ '2017-06-29T18:01:54+0000' | timeago}} • Webcast

$WOR has been realigning its Pressure Cylinders business, and with the recent acquisition of Amtrol, two new divisions - Industrial Gas and Consumer Gas - were added to the segment. The company expects the stable price of natural gas, which stays stronger than oil, to continue to drive demand for its high margin products.

$WOR {{ '2017-06-29T17:53:00+0000' | timeago}} • Webcast

Metal manufacturer $WOR said it received dividends of about $18MM from joint ventures in 4Q17. The benefits of the company’s recent capacity expansion have started yielding benefits. $WOR sees a major improvement in the key areas of its operation in the near term, including supply chain and support function.

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