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Boeing 737 MAX groundings plague U.S. airlines; Southwest exits Newark

3 weeks ago DieselGasoil Comments Off on Boeing 737 MAX groundings plague U.S. airlines; Southwest exits Newark
(Reuters) – American Airlines Group Inc (AAL.O) and Southwest Airlines Co (LUV.N) warned on Thursday of an increasing financial toll from the prolonged Boeing 737 MAX grounding this year even as strong bookings and higher fares helped drive quarterly revenue growth. An American Airlines airplane sits on the tarmac at LAX in Los Angeles, California, Read More

BOURBON Corporation demande l’ouverture d’une procédure de redressement judiciaire du fait des appels en garantie de la société chinoise ICBC Leasing

3 weeks ago DieselGasoil Comments Off on BOURBON Corporation demande l’ouverture d’une procédure de redressement judiciaire du fait des appels en garantie de la société chinoise ICBC Leasing
Marseille, le 25 Juillet 2019, BOURBON Corporation demande l’ouverture d’une procédure de redressement judiciaire du fait des appels en garantie de la société chinoise ICBC Leasing BOURBON Corporation annonce ce jour avoir demandé l’ouverture d’une procédure de redressement judiciaire auprès du Tribunal de commerce de Marseille. Par différents courriers en date du 18 juillet 2019, Read More

Apergy Reports Second Quarter 2019 Results

4 weeks ago DieselGasoil Comments Off on Apergy Reports Second Quarter 2019 Results
Revenue of $306 million in Q2-19, up 1% sequentially Net income of $24 million and adjusted net income of $27 million in Q2-19 Diluted EPS of $0.31 and adjusted diluted EPS of $0.35 in Q2-19 Adjusted EBITDA of $75 million in Q2-19, up 3% sequentially with adjusted EBITDA margins improving 40 basis points Repaid $25 Read More

Boeing posts biggest loss on 737 MAX, may have to halt production of jet

4 weeks ago DieselGasoil Comments Off on Boeing posts biggest loss on 737 MAX, may have to halt production of jet
(Reuters) – Boeing Co (BA.N) posted its largest-ever quarterly loss on Wednesday due to the spiraling cost of resolving issues with its 737 MAX, warning it may have to shut production of the grounded jet completely if it runs into new hurdles with global regulators getting its best-selling aircraft back in the air. FILE PHOTO: Read More

Japan’s Tepco to decommission second Fukushima nuclear station

4 weeks ago DieselGasoil Comments Off on Japan’s Tepco to decommission second Fukushima nuclear station
TOKYO (Reuters) – Tokyo Electric Power (9501.T) said on Wednesday it plans to decommission its Fukushima Daini nuclear station, located a few miles south of the bigger Fukushima Daiichi plant where three reactors melted down after an earthquake and tsunami in 2011. FILE PHOTO: A reactor building (R) and turbine building are seen at Japan Read More

On decisions of the Extraordinary General Meeting of Shareholders of AB Amber Grid

4 weeks ago DieselGasoil Comments Off on On decisions of the Extraordinary General Meeting of Shareholders of AB Amber Grid
The Extraordinary General Meeting of Shareholders of AB Amber Grid (hereinafter – the Company) held on 23 July 2019 adopted the following resolutions: Election of the Audit Company and determining the terms of compensation for audit services for the year 2019. Decision taken: “To elect UAB Deloitte Lietuva, code 111525235, address Vilnius, Jogailos str. 4, Read More

A year since Greece’s deadliest wildfire, wounds remain open

4 weeks ago DieselGasoil Comments Off on A year since Greece’s deadliest wildfire, wounds remain open
MATI, Greece (Reuters) – A year since Greece’s deadliest wildfire tore through coastal towns near Athens, killing 102 people, the road to normalcy for its survivors is long and dotted with burned down homes and barren land. A combination picture shows a burnt tree at the seaside following a wildfire that killed 102 people in Read More

Franklin Electric Reports Record Second Quarter 2019 Sales and Earnings

4 weeks ago DieselGasoil Comments Off on Franklin Electric Reports Record Second Quarter 2019 Sales and Earnings
FORT WAYNE, Ind., July 23, 2019 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) reported record second quarter 2019 GAAP fully diluted earnings per share (EPS) of $0.70, versus a GAAP fully diluted EPS in the second quarter 2018 of $0.64. Second quarter 2019 sales were a record $355.3 million, compared to 2018 second Read More

Equifax consumers face uphill battle for claims

4 weeks ago DieselGasoil Comments Off on Equifax consumers face uphill battle for claims
FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta, Georgia, U.S., September 8, 2017. REUTERS/Tami Chappell (Reuters) – Consumers affected by the massive Equifax Inc data breach in 2017 will not reap any windfalls from the credit reporting company’s $700 million U.S. settlement announced on Monday, but may face a cumbersome Read More