$TKR (The Timken Company)

$TKR {{ '2016-09-13T15:17:15+0000' | timeago}} • Announcement

$TKR announced that J. Ted Mihaila, SVP and Corporate Controller will retire on Dec. 1, 2016 after more than 41 years of service with the company. In connection with the retirement, Shelly Chadwick has been appointed VP - Finance and Chief Accounting Officer, effective Nov. 1, 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.

$BC {{ '2017-07-20T12:51:07+0000' | timeago}} • Announcement

$BC agreed to buy Lankhorst Taselaar, a marine parts and accessories distribution company based in the Netherlands and Germany, for undisclosed terms. Upon completion of this deal, Lankhorst Taselaar will be integrated into Mercury Marine to augment the engine maker's strong and growing P&A business in Europe. The transaction will close in 3Q17.

$LMT {{ '2017-07-19T15:44:40+0000' | timeago}} • Webcast

$LMT said it delivered 34 aircraft so far in 2017 and is on track to deliver 36 by the end of July. The company expects five international deliveries to take place in 2H17, and close the year with a total of 66 aircraft deliveries.

$LMT {{ '2017-07-19T15:11:05+0000' | timeago}} • Webcast

Revolving around the recent US-Saudi Arabia security deals, $LMT said the kingdom has expressed its intent to procure over $28Bil worth of Lockheed Martin products and services, touching each of its four business areas. The company stressed the growth potential of this deal on its portfolio.

$TXT {{ '2017-07-19T11:42:57+0000' | timeago}} • Announcement

$TXT reiterated its FY17 GAAP EPS from continuing operations guidance of $2.22-2.45 or $2.40-2.60 on an adjusted basis. Textron also confirmed its net cash provided by operating activities of continuing operations of the manufacturing group guidance of $1.045-1.145Bil and manufacturing cash flow before pension contributions of $650-750MM.

$TXT {{ '2017-07-19T11:41:03+0000' | timeago}} • Announcement

$TXT posted 2Q17 income from continuing operations of $0.57 per share or $0.60 per share of adjusted income from continuing operations, compared to $0.66 per share a year ago. Revenues in the quarter were up 2.6% to $3.6Bil. Net income fell to $153MM or $0.57 per diluted share from last year's $177MM or $0.65 per share.

$MSFT {{ '2017-07-18T14:54:03+0000' | timeago}} • Announcement

$MSFT partners with Chinese Internet search giant $BIDU. Baidu will use the tech giant's cloud computing platform Microsoft Azure for its self-driving car project Apollo. Baidu, which competes with $GOOG and $TSLA in the self-driving vehicle market, will use Microsoft's Azure and share its technologies with Apollo partners outside China.

$LMT {{ '2017-07-18T14:35:26+0000' | timeago}} • Infographic

$LMT Lockheed Martin Corp. Earnings AlphaGraphics: Q2 2017 highlights

$BC {{ '2017-07-18T14:27:20+0000' | timeago}} • Announcement

The BoD of $BC declared a quarterly dividend on its common stock of $0.165 per share. The dividend is payable on Sept. 15, 2017, to shareholders of record on Aug. 22, 2017.

$LMT {{ '2017-07-18T13:39:22+0000' | timeago}} • Announcement

$LMT's net sales in the Aeronautics segment in 2Q17 rose 19% YoY, primarily due to higher volume on aircraft production. Missiles and Fire Control net sales fell 3% due to lower deliveries on certain programs, while Rotary and Mission Systems sales grew 3% on certain adjustments recorded in 2016. Meanwhile, Space Systems' sales grew 9% in 2Q17.

$LMT {{ '2017-07-18T13:31:26+0000' | timeago}} • Announcement

For the second time, $LMT raised its 2017 profit forecast. It now expects net earnings in the range of $12.30–12.60 per share, compared to the earlier forecast of $12.15–12.45 per share announced in April. The Bethesda, Maryland-based company also raised its sales outlook to $49.8-51Bil vs the earlier projection of $49.5-50.7Bil.

$LMT {{ '2017-07-18T13:24:18+0000' | timeago}} • Announcement

Aerospace and defense major $LMT reported net sales of $12.7Bil in 2Q17, up 8.6%, primarily due to higher sales in the Aeronautics segment. Net earnings for the quarter fell to $942MM, or $3.23 per share, compared to $1.02Bil, or $3.32 per share a year ago.

$CAT {{ '2017-07-18T12:38:52+0000' | timeago}} • Announcement

$CAT's BoD appointed  Cheryl H. Johnson as the Chief Human Resources Officer (CHRO) effective July 24, 2017. In this new role, Johnson will report directly to the CEO Jim Umpleby, and will be a member of company's executive office. Prior to this she was the EVP of human resources at $TXT.

$TXT {{ '2017-07-17T20:16:24+0000' | timeago}} • Announcement

$TXT named Julie Duffy as EVP, Human Resources, effective immediately. Duffy succeeds Cheryl Johnson, who has been named Chief Human Resources Officer at $CAT. Duffy will report directly to $TXT Chairman and CEO Scott Donnelly.

$MSM {{ '2017-07-13T12:03:45+0000' | timeago}} • Webcast

$MSM expects 4Q17 gross margins to be 43.8%, plus or minus 20 basis points and sees a typical sequential decline in margins for 4Q17. The company expects midpoint operating expenses to be about $230MM and effective tax rate of 37.3%. Operating margin is now expected to be around 12.6% at the midpoint of forecast.

$MSM {{ '2017-07-13T11:58:52+0000' | timeago}} • Webcast

$MSM's capital expenditures were $12.4MM in 3Q17 and now expects its FY17 capital expenditures to be around $55-60MM. $MSM's operating cash flow conversion ratio and that’s net cash from operating activities divided by net income was around 99% in 3Q17 and it expects to end the fiscal year at roughly the same level.

$MSM {{ '2017-07-13T11:56:07+0000' | timeago}} • Webcast

$MSM added about 5,000 net SKUs in 3Q17 and total active salable SKU count is over 1.5MM. $MSM ended the quarter at 2,309 field sales and service associates. The company expects a slight decline over the following few months. And $MSM expects this trend to continue as its sales effectiveness programs gain traction.

$MSM {{ '2017-07-13T11:54:32+0000' | timeago}} • Webcast

$MSM said the improvement in growth rates during 3Q17 was pretty much across the board, with particularly strong growth in national accounts which increased in the mid single-digit range with building momentum through the quarter. Government growth was in the low single-digit range.

$LMT {{ '2017-07-12T20:45:44+0000' | timeago}} • Announcement

$LMT received a $471MM contract from the U.S. Army for lot 12 production of Guided Multiple Launch Rocket System rockets. The work will be performed at the $LMT facilities in Camden, Arkansas, and Dallas. All production deliveries are expected to be completed by the summer of 2019.

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Thursday, July 20 2017 - 1:00pm
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Wednesday, July 19 2017 - 12:00pm
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