On Friday, Wabash National Corporation (NYSE:WNC)’s shares declined -1.49% to $11.54.
Wabash National Corporation (WNC) was named one of the “50 Best U.S. Manufacturers” by IndustryWeek in its July/August 2015 issue. This is the third time Wabash National has been honored as an “IW 50 Best,” having also appeared on the list in 2006 and 2013.
“This national recognition reflects the dedication and talent of our 6,000 associates worldwide,” said Dick Giromini, president and chief executive officer. “Wabash National has changed significantly in the past three years as we have transformed from primarily a van trailer producer to a diversified industrial manufacturer. With a rich 30-year history as an industry leader, our core values and commitment to customers have remained the same, and that has made all the difference.”
The IndustryWeek 50 Best U.S. Manufacturers is the magazine’s annual ranking of America’s top-performing public manufacturers. To select the top 50 manufacturing companies, IndustryWeek evaluated members of its “U.S. 500,” a list of the largest U.S. public manufacturers, based on financial performance in six key areas from 2012 to 2014: inventory turns, profit margin, asset turns, return on assets, return on equity and revenue growth. Performance for the most recent year was weighted more heavily in the analysis.
Wabash National Corporation designs, manufactures, and markets truck and tank trailers, intermodal equipment, and transportation related products in North America. Its Commercial Trailer Products segment provides dry van trailers under the DuraPlate, DuraPlateHD, DuraPlate, XD-35, and FreightPro trademarks; platform trailers under the Transcraft, Eagle, and Benson trademarks; refrigerated trailers under the ArcticLite trademark; and specialty products, such as converter dollies, big tire haulers, Roadrailer trailers, rail products, aftermarket component products, parts, and others, in addition to used trailers and laminated hard wood oak products. The company’s Diversified Products segment offers transportation products, counting stainless steel and aluminum liquid transport tank trailers and other liquid transport solutions for the dairy, food and beverage, chemical and environmental, and petroleum industries; aircraft refuelers and hydrant dispensers for in-to-plane fueling companies, airlines, freight distribution companies, and fuel marketers; military grade refueling and water tankers; truck mounted tanks for fuel delivery; and vacuum tankers.
Infinera Corp. (NASDAQ:INFN)’s shares dropped -3.26% to $20.21.
Infinera, provider of Intelligent Transport Netoperates, declared Nick Walden as senior vice president of sales, EMEA with responsibility for leading Infinera’s sales activities in the Europe, Middle East, and Africa (EMEA) markets.
Mr. Walden formerly served as vice president and managing director for Ciena’s regional carrier business in EMEA. Preceding to that, Mr. Walden served in numerous capacities at Ciena for 14 years counting his role as the regional managing director leading the Northern Europe business across service provider, partner and enterprise markets. Mr. Walden holds qualifications in mechanical engineering from College of Technology in Reading, Berkshire.
Infinera Corporation provides optical transport networking equipment, software, and services for telecommunications service providers, Internet content providers, cable operators, wholesale and enterprise carriers, research and education institutions, and government entities worldwide.
At the end of Friday’s trade, Hartford Financial Services Group Inc (NYSE:HIG)‘s shares surged 0.31% to $45.95.
Hartford Investment Administration Company (HIMCO), a partner of The Hartford (HIG), recently declared that it has designated John Melvin as managing director and head of portfolio administration, effective Sept. 14, 2015. Melvin will report to Brion Johnson, president of HIMCO.
Melvin joins HIMCO with more than 25 years of experience in the financial services industry, most recently serving as managing director at Goldman Sachs Asset Administration and chief investment officer of their global insurance asset administration business. Formerly, Melvin was head of insurance fixed income, Americas at Deutsche Insurance Asset Administration. Earlier in his career, Melvin held various leadership roles in investment strategy and risk administration.
The Hartford Financial Services Group, Inc., through its auxiliaries, provides insurance and financial services to individual and business customers primarily in the United States. The company’s Commercial Lines segment offers workers compensation, property, automobile, marine, umbrella, liability, and livestock coverages, in addition to customized insurance products and risk administration services, counting professional liability, bond, and specialty casualty coverages. Its Personal Lines segment provides standard automobile, homeowners, and personal umbrella coverages to individuals. The companys Property & Casualty Other Operations segment manages property and casualty insurance.
Medical Properties Trust, Inc. (NYSE:MPW), ended its Friday’s trading session with 1.47% gain, and closed at $11.01.
Medical Properties Trust, Inc. (the “Company” or “MPT”) (MPW) recently declared that the formerly revealed acquisition of Capella Holdings, Inc. (“Capella”) has been accomplished. Capella Health Holdings LLC, an associate of MPT jointly owned with current Capella administration, closed the acquisition and began operating the Capella facilities on Monday, August 31.
Medical Properties Trust, Inc. operates as a real estate investment trust (REIT) in the United States. It acquires, develops, and invests in healthcare facilities; and leases healthcare facilities to healthcare operating companies and healthcare providers. The company also provides mortgage loans to healthcare operators, in addition to working capital and other term loans to its tenants/borrowers.
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