United States

Heavy Machinery & Vehicles

Page 2

Haulotte Q3 revenue stable at 104 million euros

Tuesday, 18 Oct 2016 11:43am EDT

Haulotte Group SA : Q3 revenue EUR 104 million ($114.30 million) versus EUR 104 million year ago .Confirms, for year 2016, growth in sales close to 5%, due to particularly high level of activity in last quarter of 2015.

Ponsse Q3 operating profit down at EUR 10.8 million

Tuesday, 18 Oct 2016 02:00am EDT

Ponsse Oyj : Q3 net sales 112.7 million euros ($126.2 million) versus 103.6 million euros year ago . Q3 operating profit 10.8 million euros versus 12.2 million euros year ago . End-Q3 order book 163.2 million euros versus 173.7 million euros year ago .Euro-denominated operating profit is expected to be on a par with 2015 in 2016.

Shantui Construction Machinery sees 2016 Q1 to Q3 net profit outlook to be a loss of 65 mln yuan to a loss of 82 mln yuan

Monday, 17 Oct 2016 11:35pm EDT

Shantui Construction Machinery <000680.SZ>: Sees net profit for 2016 Q1 to Q3 to be a loss of 65 million yuan to a loss of 82 million yuan .Says the net profit of 2015 Q1 to Q3 was a loss of 462.3 million yuan.

Federal Signal Corp announces strategic partnership with Edesix

Monday, 17 Oct 2016 11:32am EDT

Federal Signal Corp : Press release - Federal Signal Corporation announces strategic partnership with Edesix Ltd .Says this partnership will offer jointly-developed Indicue family of law enforcement video offerings.

Caterpillar's compensation committee approves salary hike for James Umpleby

Monday, 17 Oct 2016 09:35am EDT

Caterpillar Inc - :Compensation committee of board approved increase in James Umpleby's annual salary to $1.2 million effective January 1, 2017.

Caterpillar CEO Doug Oberhelman to retire in 2017

Monday, 17 Oct 2016 09:00am EDT

Caterpillar Inc : Caterpillar Chairman and CEO Doug Oberhelman elects to retire in 2017; Jim Umpleby elected as Caterpillar's next CEO; Dave Calhoun to become non-executive chairman of the board . A replacement for Umpleby will be announced at a later date . Oberhelman will remain as executive chairman of Caterpillar until March 31, 2017, when he will retire . Calhoun is senior managing director and head of private equity portfolio operations of Blackstone Group L.P. . Caterpillar - Ed Rust, presiding director, to remain on board, but will no longer hold title of presiding director once Calhoun becomes non-executive chairman .Jim Umpleby, currently Caterpillar group president with responsibility for energy & transportation, to also join Caterpillar board.

New Flyer reports Q3 2016 orders and backlog

Monday, 17 Oct 2016 07:55am EDT

New Flyer Industries Inc - : New Flyer Industries Inc delivered 777 equivalent units in Q3 2016, an increase of 152 EUs compared to 625 EUs in third fiscal quarter . Total bus and coach inventory at october 2, 2016 was 632 EUs, an increase of 73 EUs from previous quarter . At end of Q3 2016, total backlog was 9,808 EUs (valued at $5.08 billion) versus 10,010 EUs (valued at $5.24 billion) at end Q2 2016 . Now expects fiscal 2016 core aftermarket revenue to be essentially flat when compared to previous year .Increase in new bus, coach sales in recent years leading to increased fleet replacement has dampened aftermarket parts business.

Sunward Intelligent Equipment raises Q1-Q3 2016 net profit outlook to be 30.3-37.6 mln yuan

Monday, 17 Oct 2016 06:30am EDT

Sunward Intelligent Equipment Co., Ltd <002097.SZ>: Sees net profit for Q1-Q3 2016 to increase by 310 percent to 360 percent, or to be 30.3 million yuan to 37.6 million yuan, compared to net loss of the same period in 2015 (14.5 million yuan) . In the previous outlook, the company expected the net profit for Q1-Q3 2016 to be 18 million yuan to 24 million yuan .Comments that increased investment income is the main reason for the outlook.

Kanglim to buy 48.7 pct stake in NANOS for 25.85 bln won

Monday, 17 Oct 2016 05:39am EDT

Kanglim Co Ltd <014200.KQ> : Says it will buy 48.7 percent stake(51.7 million shares) in NANOS Co.,Ltd, an electric electronic firm, for 25.85 billion won .Says it will hold 48.7 percent stake in NANOS after transaction.

Stellar Capital says holds 55.38 pct stake in Torre Industries

Monday, 17 Oct 2016 04:22am EDT

Stellar Capital Partners Ltd : In terms of offer, Stellar Capital received acceptances from Torre shareholders constituting about 19.95 pct of issued shares of Torre .Subsequent to offer, Stellar Capital now holds 55.38 pct of issued ordinary share capital of Torre.


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