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$PLL 3Q15 10-Q: Provision for income taxes was up 43.5% to $22.11MM vs. $15.41MM in 3Q14. PLL effective tax rate was 18.7% vs. 14.8% in 3Q14. As of April 30, 2015, the amount of net unrecognized income tax benefits that, if recognized, would impact the ETR was $104,594.
$DHR said it expects 1Q18 earnings per share to be in the range of $0.71 to $0.74. Adjusted earnings are estimated to be between $0.90 per share and $0.93 per share. For fiscal 2018, the company anticipates that GAAP earnings per share will be in the $3.50-$3.60 range, and non-GAAP earnings between $4.25 per share and $4.35 per share.
Technology firm $DHR reported strong growth in 4Q17 earnings as an upturn in sales more than offset higher taxes. Sales moved up 11% to $5Bil, resulting in a 13% increase in earnings to $1.21 per share. Non-GAAP earnings advanced 13% to $1.19 per share. Strong performance by the recently acquired businesses also contributed to the topline growth.
$F reported 4Q17 revenue of $41.3Bil, up 6.7%, amidst unfavorable forex rates and higher commodity prices. The second-largest US automaker swung to a profit of $2.4Bil, or $0.60 per share, from a loss in the year-ago quarter. Excluding one-off items, net income during this period was 39 cents per share.
$HRS appointed retired U.S. Army Major General Jeff Smith as VP of Business Development, supporting the company's strategic relationships with the U.S. Army, U.S. Special Operations Command and other key industry partners. Most recently, he was SVP, Strategic Initiatives at Sallyport Global Holdings.
$ITRI has completed its acquisition of Silver Spring Networks, Inc. The legacy Silver Spring Networks business is now a wholly-owned subsidiary of Itron, Inc. and will be integrated and reported as a new business segment, Itron Networked Solutions. Terms of the deal were not disclosed.
$ITRI signed a contract with Vectren Energy Delivery of Indiana - South, a subsidiary of Vectren Corp., to modernize its energy grid. Itron's OpenWay Riva IoT solution for electricity and gas with Itron Total Outcomes will help transform customer experience and improve reliability.
Textron Aviation, a $TXT company, begun delivery to CanWest Air, a division of Nor-Alta Aviation Leasing Inc. When completed, this delivery will include nine Beechcraft King Air turboprop aircraft -- 8 King Air 250 and 1 King Air 350 aircraft -- which CanWest is buying to provide air ambulance support to Alberta Health Services in Alberta, Canada.
$TXT company Textron Aviation has obtained supplemental type certificate approval for the ‘Gogo AVANCE L5 connectivity system upgrade’ for its Cessna Citation X business jet. The system providers faster inflight connectivity speeds and enhanced network capacity. The company plans to introduce the AVANCE L5 system to more products.
Industrial manufacturing firm $WNC has appointed Mike Pettit as SVP and Group President for its Final Mile Products division, effective January 1, 2018. Pettit joined Wabash in 2012 as Director of Finance for Commercial Trailer Products, and went on to become VP of Finance and Investor Relations in 2014. Earlier, he held finance positions at $F.
$HRS has been selected to outfit US Army Security Force Assistance Brigades with combat-proven communication systems. $HRS will provide a full battlefield solution including its Falcon III AN/PRC-152A Wideband Networking Handheld Radios and AN/PRC-117G Multiband Networking Manpack Radios, as well as its AN/PRC-160 High Frequency Manpack Radios.