On Friday, Fiat Chrysler Automobiles NV (NYSE:FCAU)’s shares declined -0.14% to $14.57.
FCA Replay” is a weekly recap of what’s happening at Fiat Chrysler Automobiles. This week’s edition comprises: FCA’s preliminary second quarter financial results, an enhance in July sales for FCA US, a new dyno cell and Jack Beckman wins back-to-back.
Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.
Flextronics International Ltd. (NASDAQ:FLEX)’s shares dropped -0.18% to $10.83.
Flex (FLEX) declared recently that it will take part in the following events during the month of September. Live webcasts of all three conferences will be accessible on the Investor Relations section of the Flex website at: http://www.flextronics.com/investors.
2015 Deutsche Bank Technology Conference
Date: September 16, 2015
Location: Las Vegas, NV
Presentation time: 2:00pm PT/5:00pm ET
Presenters: Flex Administration Team
2015 Citi Industrials Conference
Date: September 17, 2015
Location: Boston, MA
Presentation time: 11:00am PT/2:00pm ET
Presenters: Flex Administration Team
Flextronics International Ltd. provides design, manufacturing, and supply chain services and solutions to original equipment manufacturers worldwide. The company offers innovation services, such as innovations labs for supporting customer design and product development services from early concept stages; collective innovation platform, an ecosystem of technology solutions; Lab IX startup accelerator program; centers of excellence solutions in critical areas; interconnect technology center for printed circuits; and CloudLabs that enables customers to accelerate a spectrum of cloud, converged infrastructure, and datacenter strategies.
At the end of Friday’s trade, KKR & Co. L.P. (NYSE:KKR)‘s shares surged 0.71% to $18.50.
JBF Industries Ltd. (“JBF”), a leading manufacturer of polyester value-chain products, has signed a definitive agreement with global investment firm KKR under which KKR will invest US$150 million into JBF Group, an entity that comprises JBF’s international auxiliaries.
A portion of the proceeds will be used by KKR to acquire a 20% stake in JBF, listed on the BSE Ltd. and National Stock Exchange of India. The remaining proceeds will be invested into zero-coupon convertible preference shares with 14.5% voting rights in JBF Global Pte. Limited, Singapore, an unlisted partner. KKR will primarily make its investment from the KKR Special Situations Fund II.
JBF Group manufactures polyester value-chain products ranging from polyester chips, polyester yarn and films which are used in the fast-moving consumer goods, textile and packaging industries. JBF Group is one of the leading global players in the polyester segment, with six manufacturing facilities across India, Bahrain, Belgium and the United Arab Emirates.
KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, administration buyouts, credit special situations, growth equity, mature, mezzanine, distressed, and middle market investments. The firm considers investments in all industries with a focus on technology and hardware, energy and infrastructure, real estate, services industry with a focus on business services, intelligence, industry-leading franchises and companies in natural resource, containers and packaging, agriculture, airports, ports, forestry, electric utilities, textiles, apparel and luxury goods, household durables, digital media, insurance, brokerage houses, non-durable goods distribution, supermarket retailing, grocery stores, food, beverage, and tobacco, hospitals, entertainment venues and production companies, publishing, printing services, capital goods, financial services, specialized finance, pipelines, and renewable energy.
Trimble Navigation Limited (NASDAQ:TRMB), ended its Friday’s trading session with -0.67% loss, and closed at $17.72.
Trimble (TRMB) declared that a SITECH® Technology Dealer has been established for Benin, Burkina Faso, Gambia, Republic of Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Mauritania, Niger, Senegal and Togo. Based in Dakar, Senegal, SITECH Western Africa joins the premier network of SITECH dealerships—the first fully dedicated global distribution network offering the most comprehensive portfolio of construction technology systems accessible to the heavy and highway contractor.
SITECH Technology Dealers represent Trimble® and Caterpillar® machine control systems for the contractor’s entire fleet of heavy equipment regardless of machine brand, together with Trimble’s portfolio of Connected Site® solutions—site positioning systems, construction asset administration services, software and powerful wireless and Internet-based site communications infrastructure.
The practiced construction professionals at each SITECH Technology Dealership can advise contractors on the appropriate construction technology solutions to utilize, and can provide high-quality local customer service, personalized training and technical support. As authorized dealers for Trimble site-wide solutions and Caterpillar’s machine control systems, the SITECH Technology Dealers understand how to apply innovative construction technology to assist solve a variety of contractors’ construction challenges. Leveraging technology, contractors can gain greater insight into their operations, enabling them to lower operating costs and improve accuracy, safety and productivity.
Trimble Navigation Limited provides technology solutions to enhance the work processes of office and mobile field professionals worldwide. The company’s Engineering and Construction segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; BIM software for design, construction, and maintenance; integrated site layout and measurement systems; application products; integrated workplace administration services software; capital program and facility administration solutions; and field based data collection systems and software, communications systems, and back-office software.
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