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Saturday 26 September 2015
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Latest Update

News Review: Constellium (NYSE:CSTM), Capstone Turbine (NASDAQ:CPST), Ingram Micro (NYSE:IM), Northrop Grumman (NYSE:NOC)

On Tuesday, Constellium NV (NYSE:CSTM)’s shares declined -7.79% to $6.04.

Gabelli & Company will host its 21st Annual Aircraft Supplier Conference on September 9 in New York City. This research meeting will feature presentations by senior administration of several leading aerospace and defense companies, with an emphasis on industry dynamics, new technologies, and company fundamentals. Institutional investors should contact their sales representative to register.

Constellium N.V. is engaged in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the aerospace, packaging, and automotive end-markets. The company operates in three segments: Aerospace & Transportation, Packaging & Automotive Rolled Products, and Automotive Structures & Industry.

Capstone Turbine Corporation (NASDAQ:CPST)’s shares dropped -2.89% to $0.390.

Capstone Turbine Corporation (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, will present at two investor conferences in New York City on September 9 and 10, 2015. In addition, the company is organizing, in conjunction with its local distributor RSP Systems, a tour of a microturbine installation at a local New York City landmark hotel.

On September 9, 2015 at 10:50 am ET, Darren Jamison, Capstone President and Chief Executive Officer, will present at the Rodman & Renshaw Global Investment Conference, and on September 10, 2015 at 9:40 am ET, he will present at the Drexel Hamilton Telecom, Media and Technology Conference.

Capstone Turbine Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide. It offers microturbine units, subassemblies, components, and various accessories for applications, counting cogeneration comprising combined heat and power (CHP) and integrated CHP, in addition to combined cooling, heat, and power; and renewable energy, natural resources, and critical power supply.

At the end of Tuesday’s trade, Ingram Micro Inc. (NYSE:IM)‘s shares dipped -3.92% to $26.00.

Ingram Micro Inc. ( IM) declared its CEO Alain Monié has been named to The Channel Company’s prestigious 2015 CRN® Top 100 list. CRN’s annual Top 100 list recognizes the efforts of agile decision-makers who play an integral role in evolving the way the channel does business. These leaders, hand-picked by the CRN editorial staff, represent many of the pre-eminent innovators, influencers, disrupters and channel sales leaders in the IT channel recently.

CRN also recognized Monié as one of this year’s Top 25 Channel Sales leaders. CRN credited Monié with leading Ingram Micro to $46.5 billion in sales; investing heavily in the Ingram Micro Cloud Marketplace — counting expanding geographically beyond North America and closely aligning with Microsoft to launch Office 365; in addition to, boosting its mobility business “by more than 200 percent.”

Ingram Micro Inc. distributes information technology (IT) products; and provides supply chain and mobile device lifecycle services worldwide. The company offers printers, scanners, displays, projectors, monitors, panels, mass storage, and tape products; digital signage products; digital cameras and video disc players, game consoles, televisions, audio, small appliances, media administration, and home control products; barcode/card printers, AIDC scanners and software, and wireless infrastructure products; Internet protocol video surveillance, security and fire alarm systems, and access control smart cards; processors, motherboards, hard drives, and memory products; and ink and toner supplies, paper, carrying cases, and anti-glare screens.

Northrop Grumman Corporation (NYSE:NOC), ended its Tuesday’s trading session with -2.59% loss, and closed at $159.50.

The board of directors of Northrop Grumman Corporation (NOC) declared a quarterly dividend of $0.80 per share on Northrop Grumman common stock, payable Sept. 16, 2015, to shareholders of record as of the close of business Aug. 31, 2015.

Northrop Grumman Corporation, a security company, provides systems, products, and solutions in aerospace, electronics, information systems, and technical service areas to government and commercial customers worldwide. The company’s Aerospace Systems segment designs, develops, integrates, and produces manned aircraft, unmanned systems, spacecraft, high-energy laser systems, microelectronics, and other systems and subsystems.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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