$AWI (Armstrong World Industries, Inc.)

$AWI {{ '2016-09-28T00:37:40+0000' | timeago}} • Announcement

$AWI and $WOR, joint venture partners in Worthington Armstrong Venture (WAVE), has named Rose Mary Clyburn as WAVE's President and CEO.

$SYY {{ '2017-07-17T21:04:37+0000' | timeago}} • Announcement

$SYY said Bill DeLaney will be succeeded as CEO by Tom Bene, currently president and COO. Bene will become president and CEO effective Jan. 1, 2018, and will join $SYY's BoD. DeLaney will serve as an advisor to Bene through Dec. 31, 2018.

$ATR {{ '2017-07-13T21:50:59+0000' | timeago}} • Announcement

$ATR declared a quarterly cash dividend of $0.32 per share. The payment date is Aug 16, 2017, to stockholders of record as of July 26, 2017.

$MLHR {{ '2017-07-06T15:37:23+0000' | timeago}} • Webcast

$MLHR expects to achieve its cost saving target - up to $25-30MM over the coming years - through workforce reduction and a range of activities such as cutting down travel and entertainment expenses. The other major cost-saving initiatives in the pipeline are facilities consolidation and logistics optimization.

$MLHR {{ '2017-07-06T15:26:19+0000' | timeago}} • Webcast

$MLHR said the recently opened or repositioned, designer studios have added around 70,000 sq.ft. of selling space to the company’s consumer business portfolio. $MLHR plans to add 60,000 sq.ft. of incremental selling space next year through six new, or repositioned studios.

$MLHR {{ '2017-07-06T15:17:30+0000' | timeago}} • Webcast

$MLHR has outlined its growth strategy for fiscal 2018, with the top priority being scaling up of the consumer business. The other main focus areas are cost saving and product innovation. The company expects its cost-cutting initiatives to raise operating margins consistently by 10% over the next three years.

$MLHR {{ '2017-07-05T20:58:02+0000' | timeago}} • Announcement

$MLHR’s North American sales advanced 1.5% YoY to $337.8MM in 4Q17. Sales of the ELA and Specialty segments dropped 16.2% and 7.8%, respectively, compared to 4Q16. The Consumer segment registered a 16% annual growth.

$MLHR {{ '2017-07-05T20:56:27+0000' | timeago}} • Announcement

$MLHR expects to record sales in the range of $570-590MM in 1Q18. On an organic basis, sales are forecast to grow 5% from 1Q17. The company expects first quarter earnings to be between $0.55 per share and $0.59 per share.

$MLHR {{ '2017-07-05T20:52:59+0000' | timeago}} • Announcement

$MLHR said its 4Q17 profit dropped as new orders fell 6.3%. Earnings declined to $33.4MM or $0.55 per share from $40.7MM or $0.67 per share a year earlier. On an adjusted basis, EPS climbed 14.3% YoY to $0.64. Sales edged down 0.9% to $577.2MM. Herman Miller announced a cash dividend of $0.18 per share in 4Q17, payable in October, 2017.

$AMD {{ '2017-07-03T13:06:48+0000' | timeago}} • Announcement

$AMD has announced the appointment of Abhi Y. Talwalkar to its BoD. He currently serves on the boards of $LRCX, iRhythm Technologies, Inc., and $TEL. Additionally, the company has increased the annual base salary of CFO Devinder Kumar, SVP James R. Anderson and CTO Mark D. Papermaster, effective July 1, 2017.

$VOXX {{ '2017-06-26T12:50:44+0000' | timeago}} • Announcement

$VOXX will sell Hirschmann Car Communication GmbH and its worldwide units to a subsidiary of $TEL for approx $166MM. $VOXX will continue to operate in the Automotive industry and will retain its ongoing OEM business. The transaction is expected to close on August 31, 2017.

$GFF {{ '2017-06-22T19:35:56+0000' | timeago}} • Announcement

$GFF unit Telephonics has received an Indefinite Delivery Indefinite Quantity production contract from $LMT for radar retrofit kits. Under the $37MM deal, Lockheed Martin will provide the AN/APS-153(V)1 system with Automatic Radar Periscope Detection and Discrimination capability. It will be installed on the US Navy's MH-60R Sea Hawk helicopters.

$HNI {{ '2017-06-09T12:49:35+0000' | timeago}} • Announcement

$HNI has revised its FY17 guidance. The company now expects 2017 adjusted diluted EPS to be $2.40-2.70 and consolidated organic sales to grow 2-5% versus the prior year. This compares to prior guidance of adjusted diluted EPS of $2.80-3.10 on organic sales growth of 3-6%.

$HNI {{ '2017-06-09T12:49:13+0000' | timeago}} • Announcement

$HNI has revised revenue and EPS outlook for 2Q17 and FY17, due to slower than expected sales in its supplies-driven office furniture business. $HNI now expects 2Q17 adjusted diluted EPS of $0.41-0.46 compared to its prior guidance of $0.65-0.72. 2Q17 consolidated organic sales growth is expected to be 0-1% versus the prior guidance of 4-7%.

$HNI {{ '2017-06-08T12:41:54+0000' | timeago}} • Announcement

$HNI has appointed Jeff Lorenger as President, Office Furniture. He will be reporting to Chairman and CEO Stan Askren. Lorenger joined HNI Corp. in 1998 and has since held multiple executive level positions.

$BF.A {{ '2017-06-07T15:28:02+0000' | timeago}} • Webcast

$BF.A $BF.B stated that geographically in Spain, the company had long thought of the possibility because of the size and potential for Jack Daniel's and other trademark in that market. Additionally the company added that the US market is evolving as it’s related to the evolving markets.

$BF.A {{ '2017-06-07T14:45:36+0000' | timeago}} • Webcast

From a portfolio perspective, $BF.A $BF.B expects growth in FY18 to be led by the Jack Daniel's family of brand. Additionally, underlying GM is expected to be down slightly, as price mix is offset by higher costs. The company is also targeting flattish underlying SG&A in FY18, driving few points of operating leverage.

$BF.A {{ '2017-06-07T14:31:49+0000' | timeago}} • Webcast

$BF.A $BF.B said that geographically, Mexico, France and Japan were standout performers, with each country growing underlying net sales growth double digits. In FY17, underlying net sales of Jack Daniel's family of brands grew by 3%, while in the Tequila brand grew underlying net sales by 12%.

$TEL {{ '2017-06-07T13:24:37+0000' | timeago}} • Announcement

Ixia announced a collaboration with $TEL to deliver a live demonstration of 400 Gigabit Ethernet (GbE) traffic with an Octal Small Form Factor Pluggable (OSFP) solution, reflecting that this technology is available for adoption.

$BF.A {{ '2017-06-07T12:43:03+0000' | timeago}} • Announcement

$BF.A $BF.B said, in 4Q17, underlying net sales grew 4% (-3% reported) in the US, 4% (-3% reported) in developed markets outside US, 4% (-7% reported) in the emerging markets, and 7% (3% reported) in Travel Retail.

$BF.A {{ '2017-06-07T12:40:05+0000' | timeago}} • Announcement

For FY18, $BF.A $BF.B expects underlying net sales growth of 4-5%, led by the Jack Daniel's family of brands. Underlying operating income is predicted to grow 6-8%, while diluted EPS is expected between $1.80 and $1.90. Separately, the company is targeting three-year cost savings of $100MM (FY18-FY20).

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