Triumph Group (TGI) Awarded $52M Contract from Rolls Royce for Trent XWB Engine Components Jan 24, 2017 05:35PM

Triumph Group, Inc. (NYSE: TGI) finalized an eight-year agreement with Rolls Royce to supply thrust links for the Trent XWB engine program. Triumph Precision Components will deliver the first components in 2019 following a two-year development period in which Triumph Integrated Systems will perform structural tests for the thrust link components.

“This contract with Rolls Royce demonstrates how Triumph businesses work together to meet the needs of our customer as One... (continue reading...)


LogMeIn (LOGM) and Bioverativ (BIVV) Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600 (VREX) (RH) Jan 24, 2017 05:25PM

S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:

S&P SmallCap 600 constituent LogMeIn Inc. (NASDAQ: LOGM) will replace Triumph Group Inc. (NYSE: TGI) in the S&P MidCap 400, and Triumph Group will replace LogMeIn in the S&P SmallCap 600 after the close of trading on Wednesday, February 1. S&P 500 constituent Citrix Systems (NASDAQ: CTXS) will spin-off GetGo Inc., which will immediately be acquired by LogMeIn, in a... (continue reading...)


Ballard Power (BLDP) Signs Initial Equipment Sales Agreement with Yinlong Jan 24, 2017 05:03PM

Ballard Power Systems (NASDAQ: BLDP) today announced that it has signed an initial Equipment Sales Agreement with Zhuhai Yinlong Energy Group (http://en.zhyle.com; "Yinlong Energy"), a major Chinese manufacturer of battery electric buses, for 10 FCveloCity®-MD 30-kilowatt fuel cell engines. Ballard plans to deliver the engines in 2017 for integration into Yinlong buses that will be deployed in Beijing.

Randy MacEwen, Ballard's President and CEO said, "Yinlong is a... (continue reading...)


Sprint Corp. (S) Appoints Nestor Cano as COO Jan 24, 2017 05:02PM

Today, Sprint (NYSE: S) named Néstor Cano, 52, to the newly created position of chief operating officer. Cano will be responsible for delivering operational excellence, driving further expense reductions, and strengthening systems and processes across the business.

Cano’s appointment is effective Feb. 2, and he will report to Sprint President and CEO Marcelo Claure.

“I’m so proud of the progress Sprint made in 2016, and now it’s time to accelerate our turnaround... (continue reading...)


Ashford Hospitality Prime (AHP) Completes Refinancing Of Three Mortgage Loan Jan 24, 2017 04:51PM

Ashford Hospitality Prime, Inc. (NYSE: AHP) announced today that it has successfully refinanced three mortgage loans with existing outstanding balances totaling approximately $334 million. The previous mortgage loans that were refinanced were the Wachovia 3, Wachovia 7 and Wachovia Courtyard Philadelphia loans with final maturity dates in April 2017. The new loan totals $365 million and has a two-year initial term with five one-year extension options, subject to the... (continue reading...)


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Jan 24, 2017 04:51PM Ashford Hospitality Prime (AHP) Amends Advisory Agreement with Ashford Inc. (AINC)
Jan 24, 2017 04:50PM Ashford Hospitality Prime (AHP) Refines Strategy To Enhance Shareholder Value
Jan 24, 2017 04:49PM PVH Corp. (PVH) to License Tommy Hilfiger Men's Tailored Clothing Business for NA to Peerless
Jan 24, 2017 04:47PM Horizon Global (HZN) Offfers Prelim. FY16 Results
Jan 24, 2017 04:45PM Horizon Global (HZN) Plans Offering of Common Stock and Convertible Senior Notes
Jan 24, 2017 04:44PM Clean Diesel Technologies (CDTI), DENSO Announce Pact to Provide CDTi's Technology to North American Heavy-Duty Market
Jan 24, 2017 04:28PM CBS Corp. (CBS) and Meredith (MDP) Announce Affiliation Renewals, Digital Distribution Deal
Jan 24, 2017 04:26PM Mercury Systems (MRCY) Plans 5M Common Stock Offering
Jan 24, 2017 04:19PM Paramount Group (PGRE), GIC Form Joint Venture and Acquire 60 Wall Street
Jan 24, 2017 04:19PM McCormick & Co. (MKC) Appoints Gary Rodkin to Board of Directors
Jan 24, 2017 04:17PM Universal Insurance (UVE) Appoints Kimberly Cooper to Board of Directors
Jan 24, 2017 04:16PM Patterson-UTI Energy (PTEN) Commences 14.8M Offering of Common Stock
Jan 24, 2017 04:09PM Five Prime Therapeutics (FPRX) Announces EC Orphan Drug Designation for Cabiralizumab (FPA008) for PVNS
Jan 24, 2017 04:08PM Concho Resources (CXO) Announces Sale of the Alpha Crude Connector System in $1.22B Deal
Jan 24, 2017 04:07PM Bob Evans Farms (BOBE) Reports Sale of Bob Evans Restaurants and Acquisition of Pineland Farms Potato Company
Jan 24, 2017 04:05PM Plains All American Pipeline (PAA) to Acquire Permian Basin Gathering System for $1.2B; to Sell Assets for $380M
Jan 24, 2017 04:04PM PVH Corp. (PVH) to Acquire Tommy Hilfiger Men's Tailored Clothing Business for NA
Jan 24, 2017 04:02PM CareDx (CDNA) Signs Agreement to Acquire SBT Resolver HLA Typing Products from Illumina
Jan 24, 2017 03:44PM TransCanada (TRP) intends to reapply for Keystone XL approval
Jan 24, 2017 02:12PM MiMedx Group (MDXG) Says Study Confirms dHACM Allograft Promotes Cardiac Repair Following Myocardial Infarction
Jan 24, 2017 01:54PM DexCom (DXCM) Announces Publication of Study in JAMA Demonstrating Value of CGM in Reducing A1C and Hypoglycemia
Jan 24, 2017 01:47PM Suncoke Energy Partners (SXCP) Issues Statement on IRS MLP Final Regulations
Jan 24, 2017 01:40PM American Express (AXP) Elects John Brennan to Board of Directors
Jan 24, 2017 12:52PM Morgan Stanley (MS), Citi (C) Each Fined ~$3M for False and Misleading Statements About Forex Trading
Jan 24, 2017 12:50PM Wal-mart (WMT) plans to layoff about 200 e-commerce employees in California - WSJ
Jan 24, 2017 12:30PM Howard Bancorp (HBMD) Commences $30M Offering of Common Stock
Jan 24, 2017 11:07AM Shenandoah Telecom Co (SHEN) Elects Kenneth Quaglio to Board of Directors
Jan 24, 2017 11:01AM Microsoft (MSFT) Names Kevin Scott as CTO
Jan 24, 2017 10:40AM Lockheed Martin (LMT) Sees F-35 Costs Dropping to $85M by Lot 13, on Track to Reduce Unit Price by 60% by Lot 10 - Bloomberg, Citing Slides
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Jan 24, 2017 09:01AM RealPage (RP) to Acquire Axiometrics
Jan 24, 2017 08:49AM Neogen Corp. (NEOG) Terminates Agreement with SenesTech (SNES)
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Jan 24, 2017 08:42AM Perrigo (PRGO) Reports FDA Approval of First-To-File AB Rated Generic Version of Topicort Spray, 0.25%
Jan 24, 2017 08:34AM Apollo Education Group (APOL) Says HLC Approves Change of Control Applications
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Jan 24, 2017 08:08AM Trovagene (TROV) Announces Publication of Study Results in Clinical Cancer Research
Jan 24, 2017 08:06AM Canadian Solar (CSIQ) Subsidiary Enters 60 MW Solar Power Purchase Agreement with SMUD
Jan 24, 2017 08:05AM Cartesian (CRTN) Announces Compliance with NASDAQ Minimum Bid Price Rule
Jan 24, 2017 08:01AM Ocular Therapeutix (OCUL) Prices 3.57M Common Stock Offering at $7/Share
Jan 24, 2017 07:48AM Bruker (BRKR) Acquires Hysitron
Jan 24, 2017 07:47AM Asterias Bio (AST) Announces Efficacy Results at 6-months and 9-months Following Treatment with AST-OPC1 in Patients with Complete Cervical SCI
Jan 24, 2017 07:34AM Flex Pharma (FLKS) to Prioritize Phase 2 Clinical Programs in Severe Neurological Diseases
Jan 24, 2017 07:32AM Amicus Therapeutics (FOLD) Announces Presentations, Posters at WORLDSymposium
Jan 24, 2017 07:31AM TG Therapeutics (TGTX) Receives Orphan Drug Designation for the Combination of TG-1101 and TGR-1202 to Treat DLBCL
Jan 24, 2017 07:28AM Plug Power (PLUG) Says it Deployed 4,010 GenDrive Units in FY16, Exceeding Guidance
Jan 24, 2017 07:03AM Whirlpool to cut 500 EMEA jobs in dryer manufacturing unit
Jan 24, 2017 06:54AM Rio Tinto (RIO) to Sell Coal & Allied Industries for $2.45B
Jan 24, 2017 06:48AM ReneSola (SOL) Enters Strategic Partnership with China Resources Leasing Co.
Jan 24, 2017 06:46AM W&T Offshore (WTI) Announces FY17 Capital Budget, Offers Guidance
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