$MRC (MRC Global Inc.)

$MRC {{ '2016-04-28T11:12:13+0000' | timeago}} • Announcement

$MRC said on March 31, 2016 it had $308MM in cash and cash equivalents, $2.5Bil available under a revolving credit agreement and $426MM available under its trade receivables securitization facility. As of March 31, 2016, the company had $188MM of commercial paper outstanding.

$RTN {{ '2017-07-27T11:47:27+0000' | timeago}} • Announcement

Sales of $RTN’s Integrated Defense Systems segment grew 5% annually in 2Q17, while sales of the Intelligence, Information and Services division dropped 2%. Sales of the Missile Systems segment climbed 11% YoY, and those of Space and Airborne Systems advanced 4%. There was a 1% gain in the Forcepoint division’s sales.

$RTN {{ '2017-07-27T11:32:20+0000' | timeago}} • Announcement

$RTN revised up its sales outlook for fiscal 2017 to the range of $25.1-$25.6BIl from the earlier forecast of $24.9-$25.4Bil. EPS from continuing operations are currently estimated between $7.35 and $7.5, higher than the previous outlook of $7.25-$7.4. The company reaffirmed its forecast of operating cash flow for 2017 in the range of $2.8-$3.1Bil.

$RTN {{ '2017-07-27T11:22:10+0000' | timeago}} • Announcement

Technology company $RTN reported a decline in 2Q17 profit, despite a 4.2% growth in revenues. Earnings dropped to $553MM or $1.89 per share from $717MM or $2.41 per share a year earlier. The bottomline was impacted by a $0.09 per share charge associated with early retirement of debt. Total bookings decreased 8% YoY to $6.53Bil during the quarter.

$F {{ '2017-07-26T14:01:22+0000' | timeago}} • Infographic

$F Ford Motor Company Earnings AlphaGraphics: Q2 2017 highlights

$GM {{ '2017-07-26T12:41:26+0000' | timeago}} • Announcement

As $GM got battered with its results on Tuesday, rival $F surpassed the revenue figures for it as it posted 2Q17 earnings on Wednesday. For FY17, Ford now expects adjusted EPS of $1.65 to $1.85 with adjusted effective tax rate at about 15%.

$F {{ '2017-07-26T12:29:15+0000' | timeago}} • Announcement

With revenue inching 1% up to $39.85Bil, $F won the survival battle against $GM in 2Q17. For the quarter, Ford posted a 3.7% rise in net attributable income of $2.04Bil or $0.51 per diluted share with its Auto Segment operating margin rising 1.8 ppts to 5.9%.

$RTN {{ '2017-07-25T16:08:57+0000' | timeago}} • Announcement

$RTN said it will integrate the CyberSponse security platform to automate threat detection and response for its managed services customers. This technology collaboration combines CyberSponse's automated incident response and security orchestration capabilities with $RTN's Virtual-Security Operations Center to lower attacker dwell time.

$MHO {{ '2017-07-20T21:47:50+0000' | timeago}} • Announcement

$MHO amended its unsecured revolving credit facility to increase the borrowing availability from $400MM to $500MM and extend the maturity to July 2021. The $500MM in borrowing availability includes a $25MM accordion feature, subject to additional commitments, and a letter of credit sublimit of $125MM.

$GPRO {{ '2017-07-11T13:36:46+0000' | timeago}} • Announcement

$GPRO has kept the application process for the Fusion Pilot Program open and expects to add more pilot partners to the program later this summer. A limited commercial release of Fusion is expected by the end of 2017, with details on pricing and other technical specifications expected at launch.

$GPRO {{ '2017-07-11T13:35:54+0000' | timeago}} • Announcement

$GPRO shipped its first new 5.2K spherical camera Fusion pilot units to selected production teams to the likes of Golden State Warriors, USA TODAY NETWORK, FOX Sports, and AccuWeather to name a few. In April, $GPRO began taking applications from content professionals seeking to be among the first to use its new camera as part of a pilot program.

$MKSI {{ '2017-07-11T13:17:27+0000' | timeago}} • Announcement

Manufacturing solutions provider $MKSI made a $50MM voluntary principal prepayment on its term loan, in addition to the scheduled payment of $1.6MM. The payment has reduced the outstanding principal amount to $523MM from $780MM.

$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.

$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.

$MTD {{ '2017-07-05T13:49:43+0000' | timeago}} • Announcement

$MTD said Elisha Finney has been appointed to its BoD and Audit Committee, effective November 1, 2017. It is anticipated that Finney will succeed Francis Contino as the Chair of the Audit Committee upon his retirement in May 2018. Finney served as the CFO of $VAR.

$F {{ '2017-06-29T15:32:47+0000' | timeago}} • Announcement

$F said Felicia Fields, Ford group VP for Human Resources since March 25, 2008, leads the global Human Resources for $F. She reports to Jim Hackett, Ford president and CEO. Fields previously was VP for Human Resources, an appointment she received on Jan. 1, 2005.

$F {{ '2017-06-28T12:52:39+0000' | timeago}} • Announcement

$F has issued safety recall for about 400,000 Ford Transit vans and buses, for replacing the driveshaft flexible coupling.  They include 2015-17 Ford Transit vehicles built from Jan. 17, 2014, to June 15, 2017. The company also issued safety compliance recall for 4 Ford Police Interceptor Utility vehicles in the US to repair seat attachment studs.

$RTN {{ '2017-06-21T13:16:05+0000' | timeago}} • Announcement

$RTN has joined hands with technology company Kongsberg Gruppen to offer Naval Strike Missiles (NSM) to meet the over-the-horizon requirement of the US Navy for its littoral combat ships and future frigates. Raytheon will be producing NSM launchers, missiles and components in the US.

$RTN {{ '2017-06-20T14:11:35+0000' | timeago}} • Announcement

$RTN was awarded a contract valued up to $154MM over seven years to continue support at NASA's Neutral Buoyancy Laboratory.

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