Industrial Articles
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201. Gevity HR sets quarterly dividend of 5 cents
Gevity HR Inc. said Wednesday its board declared a regular quarterly dividend of 5 cents. The human resources services provider said the dividend is payable July 31 to shareholders of record July 15.
30 May 2008
202. Analyst predicts 'solid' 2Q for Con-way
Trucking company Con-way Inc. is on track for "solid" second-quarter earnings, a Stephens Inc. analyst said Friday, despite continuing challenges in the truckload and less-than-truckload industries.
30 May 2008
203. CAI International expands credit facility
CAI International Inc., a freight container leasing and management company, said Friday expanded its senior credit facility by $25 million. The company's senior secured credit facility is now $290 million, up from $265 million. It still matures Sept. 25, 2012.
30 May 2008
204. Xerium Technologies amends credit agreement
Xerium Technologies Inc., which makes materials used in paper production, said Friday it amended its existing credit line. The revised credit agreement was arranged by Citigroup Global Markets Inc. with the cooperation of more than 60 other lenders. It includes a $660 million term loan portion that matures May 19, 2012, and a revolving credit portion that comes due Nov. 19, 2011.
30 May 2008
205. Closing Glance: Construction, engineering end up
Shares of construction and engineering companies closed higher on Friday following a Commerce Department report indicating that consumer spending rose in April, but only to keep pace with rising costs.
30 May 2008
206. Closing Glance: Electrical equipment shares up
Shares of electrical equipment companies ended higher on Friday as the broader market ended narrowly mixed, after a government report showed personal spending rose somewhat in April, but only to keep pace with rising costs.
30 May 2008
207. Watts Water completes Blucher Metal acquisition
Watts Water Technologies Inc., which makes products to monitor water safety and flow, said Friday it has completed the acquisition of Blucher Metal AS, a Danish company that makes stainless-steel drainage systems.
30 May 2008
208. JB Hunt VP and treasurer sells shares
The vice president and treasurer of trucking and logistics company JB Hunt Transport Services Inc. sold 3,524 shares of common stock, according to a Securities and Exchange Commission filing.
30 May 2008
209. Agilent Technologies CEO exercises options
The president and chief executive of scientific equipment maker Agilent Technologies Inc. exercised options for 20,498 shares of common stock, according to a Securities and Exchange Commission filing.
30 May 2008
210. Market Spotlight: Heavy construction gains on oil
It's rare these days to see the words "construction" and "profit" in the same sentence. But while home and nonresidential builders take a beating from the turmoil in the credit and housing markets, many companies in the heavy construction and engineering sector have reported better-than-expected profits in the past month.
30 May 2008
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