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Press Releases

Gates Acquires Rapro to Strengthen its European Fluid Power Business

DENVER, April 26, 2018/ PRNewswire/-- Gates Industrial Corporation plc, a leading global provider of application-specific fluid power and power transmission solutions, today announced that it has completed the acquisition of Rapro, a Turkey- based manufacturer of molded and branched hoses and other products used primarily in commercial, heavy-duty and light...

Source: PR Newswire

Agnico Eagle Reports First Quarter 2018 Results; Nunavut Development Projects Progressing on Budget and on Schedule; Exploration Drilling Yields Favourable Results at Multiple Projects

TORONTO, April 26, 2018/ PRNewswire/- Agnico Eagle Mines Limited today reported quarterly net income of $44.9 million, or $0.19 per share, for the first quarter of 2018. This result includes non-cash foreign currency translation gains on deferred tax liabilities of $6.7 million, mark-to-market adjustments and derivative gains on financial instruments of...

Source: PR Newswire

First Solar, Inc. Announces First Quarter 2018 Financial Results

Net sales of $567 million GAAP EPS of $0.78 Cash and marketable securities of $2.9 billion, net cash of $2.4 billion YTD net bookings of 3.3 GW DC; 2.0 GW DC booked since prior earnings call Series 6 module production commenced in early April TEMPE, Ariz., April 26, 2018-- First Solar, Inc. today announced financial results for the first quarter 2018.

Source: Globe Newswire

Mohawk Industries Reports Q1 Results

CALHOUN, Ga., April 26, 2018/ PRNewswire/-- Mohawk Industries, Inc. today announced 2018 first quarter net earnings of $209 million and diluted earnings per share of $2.78. For the first quarter of 2017, net sales were $2.2 billion, net earnings were $201 million and EPS was $2.68; adjusted net earnings were $203 million and EPS was $2.72, excluding restructuring,...

Source: PR Newswire

T. Rowe Price Group Adds Richard Verma As Independent Director, Declares Quarterly Dividend, Increases Stock Repurchase Authorization

BALTIMORE, April 26, 2018/ PRNewswire/-- T. Rowe Price Group, Inc. announced today that its Board of Directors has declared a quarterly dividend of $0.70 per share payable June 29, 2018 to stockholders of record as of the close of business on June 15, 2018. Additionally, at its annual meeting today, T. Rowe Price Group stockholders elected all 12 nominees to the Board of...

Source: PR Newswire

aufeminin Announces the Acquisition of a Majority Stake in Ykone, Top Player in Influencer Marketing

Groupe aufeminin, 1 st creator of communities, announces today the acquisition of a majority stake in Ykone, top player in influencer marketing. Founded in Paris in 2008 by Olivier Billon, Ykone brings together 50 social media experts, creative consultants and data engineers in Paris, Dubai, Berlin, London, Copenhagen, New York and Bangalore to deploy social media...

Source: Business Wire

Pharnext Appoints Amit Kohli as Chief Operating Officer

“Amit is a seasoned leader with over 20 years’ experience in the healthcare industry, and we are thrilled he is joining Pharnext,” said Prof. Daniel Cohen, M.D., Ph.D., Co-Founder and Chief Executive Officer of Pharnext.“ We are deeply impressed with Amit’ s results-oriented track record, and his ability to drive business strategy and operations across the pharma,...

Source: Business Wire

Global A&D industry poised for sustained growth in 2018 and beyond, following muted gains in 2017

NEW YORK, April 26, 2018/ PRNewswire/-- Global aerospace and defense industry revenues are expected to experience significant growth in 2018. In 2017, the Asia-Pacific region fueled passenger travel, and will likely continue to drive such growth in the long-term, due to an expanding middle class in the region. "After a year of subdued growth in 2017, the commercial...

Source: PR Newswire

The Latest: EPA inspector general weighs in on Pruitt remark

WASHINGTON— The Latest on Environmental Protection Agency chief Scott Pruitt and his appearances on Capitol Hill:. The Environmental Protection Agency's inspector general is taking issue with Administrator Scott Pruitt invoking an internal review of security threats to justify spending taxpayer money on first-class airfare. Democrats representing...

Source: The Associated Press

Cyient Acquires Semiconductor Firm AnSem N.V.

HYDERABAD, India, April 26, 2018/ PRNewswire/-- Cyient Limited, a global provider of engineering, manufacturing, geospatial, networks, and operations management services, today announced that its step down subsidiary Cyient Europe Ltd. has acquired AnSem N.V., a leading fabless, custom analog and mixed-signal application-specific integrated circuits design...

Source: PR Newswire