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Jeep® vehicles received several awards with wins for the 2017 Jeep Compass as Activity Vehicle of Texas and the 2017 Jeep Grand Cherokee SRT as Performance Utility Vehicle of Texas. "Several vehicles from FCA US were top performers at the Roundup this year," said Nic Phillips, President of TAWA. "The 2017 Chrysler Pacifica Hybrid minivan was the clear leader for one of our top awards, the Family Car of Texas. As the industry's first electrified hybrid minivan, Chrysler has taken not only this family vehicle but the entire plug-in electric class to a whole new level. The Pacifica is loaded with high-tech features that make it easy to connect, charge and maximize the efficiency of the vehicle, not to mention offering the safety features and technology that every family deserves." Phillips continues, "The Jeep brand vehicles also impressed our judges. The 2017 Jeep Compass led the diverse Activity Vehicle category, offering excellent versatility, capability and Jeep's go-anywhere styling, while the Grand Cherokee SRT continues to demonstrate the incredible package of handling, power and segment value, worthy of our Performance Utility Vehicle award." With its 20 turns, 133-foot hill and a coned-slalom segment in the straightaway, the 3.4-mile track at COTA provided a world-class driving experience for evaluating vehicles in side-by-side comparisons unlike any other automotive media event. A total of 52 TAWA journalists attended and drove 42 vehicles during the two-day event. FCA US won the most awards of any manufacturer with the following honors: All-new 2017 Chrysler Pacifica The 2017 Chrysler Pacifica reinvents the minivan segment with an unprecedented level of functionality, versatility, technology and bold styling. Re-engineered from the ground up on an all-new platform, the Pacifica delivers class-leading gasoline and hybrid powertrains to the minivan segment. With more than 100 available safety and security features, the all-new Uconnect Theater rear seat entertainment system, and a full array of comfort and convenience technologies, the Chrysler Pacifica is a no-compromises minivan ideally suited for today's families and has earned its spot as the most awarded minivan of the year. The Pacifica Hybrid takes this revolutionary vehicle a step further with its innovative, advanced hybrid powertrain. It's the first electrified vehicle in the minivan segment and achieves 84 miles per gallon equivalent (MPGe) in electric-only mode and 33 miles of all-electric range. All-new 2017 Jeep Compass The all-new 2017 Jeep Compass expands the brand's global vehicle reach with a world-class compact SUV that enters a growing segment worldwide. Providing customers with legendary and leading 4x4 off-road capability, Jeep Compass offers superior on-road driving dynamics, best-in-class fuel-efficient powertrains – 17 combinations for global markets – and authentic Jeep design including an open-air dual-pane sunroof.  Boasting state-of-the-art safety and technology, Jeep Compass offers more than 70 available advanced safety and security features instilling confidence in all driving conditions. North American models are powered by the fuel-efficient 2.4-liter Tigershark, delivering best-in-class fuel economy of 32 miles per gallon (mpg) highway and 4x4 fuel economy of 31 mpg highway with 2.4-liter Tigershark Multiair Engine when paired with six-speed manual transmission. With a choice of three transmissions, customer can choose the class-exclusive nine-speed automatic transmission for 4x4 models, the six-speed automatic transmission for 4x2 models or the six-speed manual transmission for 4x2 and 4x4 models. Jeep Compass also offers the fourth-generation Uconnect system includes Apple CarPlay, Android Auto and the choice of 5.0-, 7.0- or 8.4-inch touchscreens with pinch-and-zoom capability. 2017 Jeep Grand Cherokee SRT The Jeep® Grand Cherokee SRT is powered by the proven 6.4-liter V-8 with Fuel Saver Technology that delivers 475 horsepower and 470 lb.-ft. of torque. Performance includes 0-60 mph acceleration in 4.8 seconds, 0-100-0 mph in 16.3 seconds, quarter mile in the mid-13 second range and a top speed of 160 mph. New for 2017 are a new, distinctive front fascia, grille and fog lamps that build upon the SRT exclusive stealth-like exterior appearance. The Grand Cherokee SRT features various drive modes that allow owners the ability to personalize their drive experience whether its on-road or on-track. Drive modes are pre-configured for Auto, Sport, Track, Snow and Tow settings via a switch on the center console, while the Custom setting lets the driver customize the drive experience to their favorite settings.  Standard launch control mimics a professional driver's inputs to optimize Grand Cherokee SRT's performance by bringing engine, transmission, driveline, stability control and suspension in line for a textbook launch. Controlled by a button on the center console, the result is improved and more consistent straight-line acceleration. About TAWA TAWA is one of the most reputable automotive press organizations in the industry, with a mission to promote quality and accuracy in automotive journalism and disseminate information about the industry through news-related print, online and broadcast media. TAWA produces two driving events each year — the Texas Auto Roundup in the spring and the Texas Truck Rodeo in the fall. Media members enjoy driving and evaluating new vehicles competing for the coveted Car of Texas or Truck of Texas trophies. For more information, please visit www.texasautowriters.org. About the Texas Auto Roundup The Texas Auto Roundup, hosted by TAWA and sponsored by the Steel Market Development Institute, is held annually to allow dozens of journalists to evaluate the cars, CUVs and SUVs sold in Texas. The Texas Auto Writers Association hosts the event and hands out a variety of awards every spring, including the prestigious Car of Texas, Family Car of Texas and Performance Car of Texas. About FCA US LLC FCA US LLC is a North American automaker based in Auburn Hills, Michigan. It designs, manufactures, and sells or distributes vehicles under the Chrysler, Dodge, Jeep®, Ram, FIAT® and Alfa Romeo brands as well as the SRT performance designation. The Company also distributes Mopar® and Alfa Romeo parts and accessories. FCA US is building upon the historic foundations of Chrysler Corp., established in 1925 by industry visionary Walter P. Chrysler and Fabbrica Italiana Automobili Torino (F.I.A.T.), founded in Italy in 1899 by pioneering entrepreneurs, including Giovanni Agnelli. FCA US is a member of the Fiat Chrysler Automobiles N.V. (FCA) family of companies. (NYSE: FCAU/ MTA: FCA). FCA, the seventh-largest automaker in the world based on total annual vehicle sales, is an international automotive group. FCA is listed on the New York Stock Exchange under the symbol "FCAU" and on the Mercato Telematico Azionario under the symbol "FCA." Follow FCA US news and video on: Company blog: blog.fcanorthamerica.com Company website: www.fcanorthamerica.com FCA360: 360.fcanorthamerica.com Facebook: https://www.facebook.com/FiatChrysler.NorthAmerica/ Instagram: www.instagram.com/FiatChrysler_NA Twitter: www.twitter.com/FiatChrysler_NA Twitter (Spanish): www.twitter.com/fcausespanol YouTube: www.youtube.com/pentastarvideo Media website: media.fcanorthamerica.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/all-new-2017-chrysler-pacifica-hybrid-wins-family-car-of-texas-from-texas-auto-writers-association-300454628.html


News Article | May 12, 2017
Site: www.prnewswire.com

About FCA US LLC FCA US LLC is a North American automaker based in Auburn Hills, Michigan. It designs, manufactures, and sells or distributes vehicles under the Chrysler, Dodge, Jeep®, Ram, FIAT® and Alfa Romeo brands as well as the SRT performance designation. The Company also distributes Mopar® and Alfa Romeo parts and accessories. FCA US is building upon the historic foundations of Chrysler Corp., established in 1925 by industry visionary Walter P. Chrysler and Fabbrica Italiana Automobili Torino (F.I.A.T.), founded in Italy in 1899 by pioneering entrepreneurs, including Giovanni Agnelli. FCA US is a member of the Fiat Chrysler Automobiles N.V. (FCA) family of companies. (NYSE: FCAU/ MTA: FCA). FCA, the seventh-largest automaker in the world based on total annual vehicle sales, is an international automotive group. FCA is listed on the New York Stock Exchange under the symbol "FCAU" and on the Mercato Telematico Azionario under the symbol "FCA." To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/fca-replay-wraps-the-week-300456838.html


TORONTO, ONTARIO--(Marketwired - May 12, 2017) - Constellation Software Inc. (TSX:CSU) today announced that the Maryland Transit Administration has awarded a significant contract to Trapeze Group, a business unit of Volaris Group Inc., for the provision of an intelligent transportation system (ITS). The Maryland Transit Administration (MTA) provides subway, light rail, and bus service in the greater Baltimore region and is one of the largest multi-modal transit systems in the United States. Trapeze Group works with public transit agencies and their communities to develop and deliver smarter, more effective public transit solutions. For more than 25 years, Trapeze solutions have been helping to move people from point A to Z and everywhere in between. Volaris acquires, strengthens and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow -- whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at www.volarisgroup.com.


News Article | May 11, 2017
Site: www.businesswire.com

SAN FRANCISCO--(BUSINESS WIRE)--DLR Group today announced the acquisition of San Francisco design firm Kwan Henmi Architecture/Planning. Kwan Henmi is a pioneering design firm on the West Coast recognized for its modernist design in a variety of building types. Signature designs in San Francisco include the Arterra, Marlow, Rockwell, and Vida multifamily housing projects. The firm’s work includes innovative design of public spaces for clients in the Transportation sector including BART and San Francisco MTA, and AirTrain Stations and the Westfield Cargo Facility at San Francisco International Airport. Kwan Henmi was founded by Sylvia Kwan, FAIA and Denis Henmi, FAIA. The firm employs 23 design professionals, and a total staff of 27 will join DLR Group. The firm will operate as DLR Group|Kwan Henmi and join with DLR Group offices in Los Angeles, Sacramento, and Riverside to serve the interests of public and private sector clients throughout California. Kwan and Henmi will continue to lead operations in San Francisco. Adrian Cohen, FAIA, will lead operations for the four DLR Group offices in California from Los Angeles. “DLR Group is committed to being a global design leader,” said DLR Group CEO Griff Davenport, AIA. “As we strategically look to grow our geography and market sector diversity, our vision is to attract firms with a shared commitment to design excellence and sustainability. Kwan Henmi shares those beliefs.” The addition of Kwan Henmi substantially elevates DLR Group’s design capabilities in California and in each of its 27 global locations. The DLR Group|Kwan Henmi office in San Francisco provides DLR Group with a base of operations to serve its national clients with interests in Silicon Valley and Northern California. “Kwan Henmi’s design expertise will be of immediate benefit to our clients in Silicon Valley such as Google and Marriott, as well as our established public and private sector clients in Sacramento,” said Davenport. “For Kwan Henmi, this adds full-service, in-house engineering to the design services it can provide existing clients. As we fully integrate operations in the coming months, this also provides Kwan Henmi with access to a depth of global design expertise in Education, Hospitality, Justice, Retail, and Workplace to establish new practice areas in San Francisco and throughout Northern California.” “When Denis and I started practicing in 1980, our desire was to create spaces that inspired people and to provide professional opportunity for people who shared our passion for design,” said Kwan. “We have accomplished that, and by joining DLR Group we will ensure the continuity and design legacy of Kwan Henmi.” DLR Group is a 100 percent employee-owned firm. All Kwan Henmi professionals will have the opportunity to purchase stock and invest in the future of DLR Group. “The opportunities available to our design professionals for personal and professional growth within DLR Group are virtually limitless,” said Henmi. “I am also very excited to provide our staff the value of employee-ownership and access to design and career opportunities in markets around the world.” DLR Group is an integrated design firm delivering architecture, engineering, interiors, planning, and building optimization for new construction, renovation, and adaptive reuse. Our promise is to elevate the human experience through design. This promise inspires sustainable design for a diverse group of public and private sector clients; local communities; and our planet. DLR Group is 100 percent employee-owned and fully supports the initiatives and goals of the 2030 Challenge, and is an initial signatory to the China Accord and the AIA 2030 Commitment. Our view of the world. Kwan Henmi Architecture/Planning, Inc. was founded in 1980 by Sylvia Kwan, FAIA, LEED AP and Denis Henmi, FAIA, LEED AP, NCARB. Kwan Henmi is a design firm based in San Francisco, dedicated to providing high quality architecture, interior design, and planning services with expertise in residential, educational, civic, transportation, and commercial market sectors. The firm believes in making a meaningful contribution toward a sustainable built environment in the communities we serve. Kwan Henmi designs thought-provoking, modern architecture utilizing the best contemporary building technologies and practices. A collaborative process is central to the firm’s design methodology. Kwan Henmi brings together the diverse experience of staff and consultants, and their extensive local knowledge, to deliver exceptional design and value to clients.


HOLBROOK, NY--(Marketwired - May 10, 2017) - On May 3, 2017, EVP of American Portfolios Holdings, Inc. (APH) and Chief Legal Counsel Frank A. Tauches Jr., and American Portfolios Financial Services, Inc. (APFS) affiliated financial advisor William Donahue, arranged a ceremony to honor local World War II (WWII) military veteran Vincent Robert Long. Long -- who served in the United States Marine Corps from Aug. 26, 1943, to Feb. 20, 1946, as a Private First Class -- never received his official, military-issued uniform. Together, Tauches and Donahue worked diligently to fill in this missing piece of Long's military history. APFS, a privately-held, independent broker/dealer that services financial advisors across the country, has a long-standing commitment to corporate social responsibility. APFS is also a regular supporter to Honor Flight Long Island, a local chapter of the national Honor Flight Network -- a non-profit organization that provides military veterans with free trips to visit Washington, D.C. memorials. "Being a good citizen -- both private and corporate -- means giving back to the community; that can be done in a multitude of ways," stated APFS CEO Lon T. Dolber. "It's important for people to find a cause that's near and dear to their hearts and to actively seek to make a difference and effect change -- be it by raising funds for a local charity or devoting time to organizations that are in need of a helping hand." As part of this mission, Dolber encourages APFS employees and affiliated colleagues to take part in various forms of community outreach. Donahue, a board member of Honor Flight Long Island and a regular participant in accompanying the military veterans to D.C., met Long on the Fall 2016 Honor Flight trip. It was there Long confided in Donahue that he didn't received his "Greens," a standard practice all new recruits are supposed to be outfitted with when they complete boot camp. Long, who received his basic Marine Corps training at Montford Point Marine Camp in North Carolina -- a military installation established at the time to train African-American recruits solely, ending its segregated status in 1948 with the issuance of an Executive Order from President Harry S. Truman -- went on to fight on the islands of Okinawa and Saipan in Japan during the Pacific Campaign of WWII. The Battle of Saipan (1944) resulted in the U.S. acquiring strategic control of an air base from which to deploy B-29 bombers. Among his many duties, Long served as a stretcher bearer, transporting the wounded and deceased from the battlefield. Determined to honor the wishes of a veteran who served his country so honorably, Donahue reached out to Tauches for assistance. A distinguished military career encompassing 43 years of active and reserve service in the U.S. Marine Corps as a JAG officer and company commander, throughout his career Tauches has had many opportunities to publically recognize U.S. military veterans. Said Tauches, "After Mr. Long served in the Marine Corps, he became a public servant working for the MTA. All this time, he's had, what I'll call, lingering desires about his military service -- about a uniform that he had hoped to wear." When Tauches walked into the Marine Corps Exchange at Henderson Hall in Arlington, Va., and informed the personnel about Long's situation, in a quick turnaround they assembled the uniform per Tauches instructions to make it a Dress Blue Uniform -- the most widely recognizable uniform of the Marine Corps -- instead of "Greens." On Wednesday, May 3, 2017, the wait was over. Journalists from Newsday, as well as a film crew from Cablevision's News 12 Long Island and filmmaker Anthony Giacchino -- whose production company Time Travel Unlimited, LLC, has been documenting Long's story for a cable network special to mark the 75th anniversary of the end of WWII -- descended on Long's Hempstead, N.Y., home to capture the honor ceremony for posterity. Attired in his Dress Blues, Tauches presented Long with his long-awaited, military-issued dress. When asked what it was like to don the uniform, he replied, "It took them 71 years, but we made it. The old boy almost didn't make it." The ceremony extended to the Hempstead Village Hall, where Long -- surrounded by family and friends -- received sincere thanks and a citation for his service to the United States from Mayor James A. Garner. Although his time in the military left him with shocking and painful memories, Long was proud to serve. "He's an inspiration," Donahue declared. "He's the person we all want to be. He endured so much, and yet still has a positive outlook." The News 12 Long Island coverage of the event is available for viewing on LongIsland.News12.com; Newsday will be publishing content within the coming weeks, and Giacchino's VJ-Day special is expected to air in September 2020. Headquartered in Holbrook, N.Y., APFS is a full-service, independent broker/dealer and member firm of FINRA and SIPC, offering a complete range of financial services, including personal financial and retirement planning, securities trading, mutual funds, access to investment research, long-term care planning, insurance products and tax-free investing. Fee-based asset management is offered through its sister subsidiary, American Portfolios Advisors, Inc., (APA), an SEC Registered Investment Advisor. Both entities, along with technology entity American Portfolios Advisory Solutions, LLC, collectively reside under the legal entity American Portfolios Holdings, Inc. (APH). Full-service securities brokerage is available through a clearing firm relationship with Pershing, LLC, a BNY Mellon firm, the securities of which are held on a fully disclosed basis. The company currently serves 801 independent investment professionals located in 365 branch locations throughout the nation. It was named Broker-Dealer of the Year* (Division III) by Investment Advisor magazine in 2015 and 2016. Additionally, it was recognized as the No. 1 Best Small/Mid-Size Company to Work for in the state of New York for 2016, and again placed in the Top Five Best Companies for 2017, by the New York State Society for Human Resources Management (NYS-SHRM) and the Best Companies Group (BCG). More About APFS CEO Lon T. Dolber: Among his many charitable activities, Dolber serves as the vice chairman of World T.E.A.M. Sports (WTS), a national non-profit organization that facilitates outdoor sporting challenges among disabled and able-bodied athletes -- many of whom are military veterans. More About APH EVP Chief Legal Counsel Frank A. Tauches Jr.: While acting as the president of what is now the Marine Corps Reserve Association, Tauches had the opportunity to address the U.S. Senate Armed Services Committee regarding the reduction of the Marine Corps Reserves during the era that followed Operation Desert Storm. He currently serves on the Marine Corps Community Services Oversight Committee, which meets regularly at the Pentagon. In addition to his military career, Tauches also served as mayor and trustee of Garden City, N.Y. More About APFS Affiliated Advisor William Donahue: Donahue is the producer of Unspoken, Now Told: Soldier Stories, a short film based on the Silent Strength video series -- produced by APFS' in-house media production facility, Studio 454 -- which features the first-person accounts of local WWII veterans and Honor Flight recipients. *Based on a poll of registered representatives conducted by Investment Advisor magazine. Broker/dealers rated highest by their representatives are awarded "Broker/Dealer (B/D) of the Year."


News Article | May 8, 2017
Site: www.businesswire.com

SAN DIEGO--(BUSINESS WIRE)--Cubic Corporation (NYSE:CUB) today reported its financial results for the quarter and six months ended March 31, 2017. “We are particularly pleased with our improved operating cash flow and the critical, strategic investments we made in all of our businesses during the quarter. These investments will contribute significantly to the growth of the company,” said Bradley H. Feldmann, president and chief executive officer of Cubic Corporation. “Our strategy remains sound and we continue to expect increased order intake in the near term that will drive expanded sales and Adjusted EBITDA going forward.” Sales for the second quarter and first half of fiscal 2017 would have been $6.2 million higher and $14.9 million higher, respectively, absent the negative impact from changes in foreign currency rates compared to last year. Sales from recent acquisitions for the first half of fiscal 2017 were $40.8 million compared to $13.7 million for the same period last year, but were not significantly different between the second quarter of fiscal 2017 and the second quarter of last year. The decreases in operating losses for the second quarter and first half of fiscal 2017 were primarily driven by the reduction in acquisition-related expenses from businesses acquired in the Cubic Global Defense Systems (CGD Systems) segment. The decreases in Adjusted EBITDA(1) for the second quarter and first half of the year are primarily attributable to increases in research and development (R&D) activity, a $3.0 million loss incurred in the second quarter of 2017 on a transportation tolling project due to learning curve-related cost growth, and an adverse impact of foreign currency exchange rates of $1.1 million for the quarter and $2.3 million for the first half of the year. The change in net income was primarily caused by a change in the effective tax rate between quarters. In the second quarter of fiscal 2016, a discrete net tax benefit of $16.3 million was recorded related to an acquisition. Presently, guidance for the current fiscal year is highly dependent on the order intake for our short order cycle businesses (primarily in Cubic Mission Solutions). Until Congress succeeds in funding the government through regular order budgets rather than continuing resolutions, the company's ability to precisely forecast order intake and, consequently, backlog, revenue and EBITDA(1) on a quarter-by-quarter basis will continue to be inherently limited. We are slightly lowering and narrowing our sales guidance range with a net effect of lowering our midpoint by $10 million. We are lowering our operating income, EBITDA(1) and Adjusted EBITDA(1) guidance ranges by $15 million. These adjustments reflect continued pre-contract award engineering spending on the New York Metropolitan Transportation Authority (MTA) contract and the impact of Department of Defense related timing delays. (1) EBITDA and Adjusted EBITDA are non-GAAP financial measures - see the section titled “Use of Non-GAAP Financial Information” for additional information regarding these non-GAAP financial measures. Key foreign exchange rates (full-year average estimated rates) used in the forecasts of sales, EBITDA and Adjusted EBITDA compared to the U.S. dollar were as follows: British pound — 1.25; Australian dollar — 0.76; New Zealand dollar — 0.70. (2) See the section below titled “Use of Non-GAAP Financial Information” for a description of the composition of these items. Cubic Transportation Systems (CTS) sales were lower primarily due to the adverse impacts of foreign currency exchange rates. CTS operating income was lower due to increases in R&D expenditures, including $2.2 million and $3.4 million of costs incurred in the second quarter and first half of fiscal 2017, respectively, for the development of technologies that will be used on a transportation contract that is expected to be awarded later in fiscal 2017. CTS incurred a $3.0 million loss in the second quarter of 2017 on a transportation tolling project due to learning curve-related cost increases. CGD Systems sales were affected by the sales from acquired businesses. Revenues from businesses acquired in fiscal years 2017 and 2016, all within the CGD Systems operating segment, were $15.3 million and $40.8 million for the second quarter and first half of fiscal 2017, respectively, compared to $13.7 million for both the second quarter and first half of fiscal 2016. The change in CGD Systems operating results was primarily driven by the effects of accounting for business acquisitions in fiscal 2016 and 2017. Including the impacts of business acquisition accounting and amortization expense, the businesses acquired in fiscal years 2017 and 2016 had operating losses of $5.6 million for the second quarter of fiscal 2017 compared to $20.9 million in the second quarter of fiscal 2016. Acquired businesses incurred operating losses of $7.4 million in the first half of fiscal 2017 compared to $22.7 million in the first half of fiscal 2016. In addition, CGD Systems increased R&D expenditures primarily in the development of innovative ground live and virtual training technologies. Cubic Global Defense Services (CGD Services) sales for the second quarter and first half of fiscal 2017 were lower primarily because of decreased activity on U.S. Army contracts, excluding the contract with the Joint Readiness Training Center, as well as lower activity supporting Special Operations Forces training. The decrease in CGD Services operating income was primarily driven by the decreased activity on the U.S. Army and Special Operations Forces training contracts noted above. In addition, certain contracts that were retained after re-compete were won in the first quarter of fiscal 2017 at reduced pricing due to an extremely competitive bid environment. Cubic management will host a conference call to discuss the company’s second quarter and first half of fiscal 2017 results today, Monday, May 8 at 4:30 p.m. EDT/1:30 p.m. PDT, which will be simultaneously broadcast over the Internet. Bradley H. Feldmann, president and chief executive officer and John “Jay” D. Thomas, executive vice president and chief financial officer, will host the call. Financial analysts and institutional investors interested in participating in the call are invited to dial: Please dial-in approximately 10 minutes prior to the start of the call. A live webcast of the conference call and presentation slides will be accessible on our website under the “Investor Relations” tab at www.cubic.com. Please visit the website at least 15 minutes prior to the call in order to register, download and install any streaming media software needed to listen to the webcast. A replay of the broadcast will be available on the “Investor Relations” tab of Cubic’s website. Cubic Corporation designs, integrates and operates systems, products and services focused in the transportation, defense training and secure communications markets. Cubic Transportation Systems is a leading integrator of payment and information technology and services to create intelligent travel solutions for transportation authorities and operators. Cubic Global Defense is a leading provider of live, virtual, constructive and game-based training solutions, special operations and intelligence for the U.S. and allied forces. Cubic Mission Solutions provides networked Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) capabilities for defense, intelligence, security and commercial missions. For more information about Cubic, please visit the company’s website at www.cubic.com or on Twitter @CubicCorp. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to the safe harbor created by such Act. Forward-looking statements include, among others, statements about our expectations regarding future events or our future financial and/or operating performance; our strategic investments contributing significantly to the growth of our company; increased order intake in the near term driving expanded sales and Adjusted EBITDA going forward; limitations on the company’s ability to forecast order intake until Congress succeeds in funding the government through regular order budgets rather than continuing resolutions; and our expected award of a transportation contract in fiscal 2017. These statements are often, but not always, made through the use of words or phrases such as “may,” “will,” “anticipate,” “estimate,” “plan,” “project,” “continuing,” “ongoing,” “expect,” “believe,” “intend,” “predict,” “potential,” “opportunity” and similar words or phrases or the negatives of these words or phrases. These statements involve risks, estimates, assumptions and uncertainties that could cause actual results to differ materially from those expressed in these statements, including, among others: our dependence on U.S. and foreign government contracts; delays in approving U.S. and foreign government budgets and cuts in U.S. and foreign government defense expenditures; the ability of certain government agencies to unilaterally terminate or modify our contracts with them; the effect of sequestration on our contracts; our assumptions concerning behavior by public transit authorities; our ability to successfully integrate new companies into our business and to properly assess the effects of such integration on our financial condition; the U.S. government’s increased emphasis on awarding contracts to small businesses, and our ability to retain existing contracts or win new contracts under competitive bidding processes; negative audits by the U.S. government; the effects of politics and economic conditions on negotiations and business dealings in the various countries in which we do business or intend to do business; risks associated with the restatement of our prior consolidated financial statements, including our identification of material weaknesses in our internal control over financial reporting; competition and technology changes in the defense and transportation industries; the change in the way transit agencies pay for transit systems; our ability to accurately estimate the time and resources necessary to satisfy obligations under our contracts; the effect of adverse regulatory changes on our ability to sell products and services; our ability to identify, attract and retain qualified employees; our failure to properly implement our ERP system; unforeseen problems with the implementation and maintenance of our information systems; business disruptions due to cyber security threats, physical threats, terrorist acts, acts of nature and public health crises; our involvement in litigation, including litigation related to patents, proprietary rights and employee misconduct; our reliance on subcontractors and on a limited number of third parties to manufacture and supply our products; our ability to comply with our development contracts and to successfully develop, introduce and sell new products, systems and services in current and future markets; defects in, or a lack of adequate coverage by insurance or indemnity for, our products and systems; and changes in U.S. and foreign tax laws, exchange rates or our economic assumptions regarding our pension plans. In addition, please refer to the risk factors contained in our SEC filings available at www.sec.gov, including our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Because the risks, estimates, assumptions and uncertainties referred to above could cause actual results or outcomes to differ materially from those expressed in any forward-looking statements, you should not place undue reliance on any forward-looking statements. Any forward-looking statement speaks only as of the date hereof, and, except as required by law, we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date hereof. Use of Non-GAAP Financial Information We believe that the presentation of earnings before interest, taxes, depreciation and amortization (EBITDA) and Adjusted EBITDA included in this report provides useful information to investors with which to analyze our operating trends and performance and ability to service and incur debt. Also, we believe EBITDA facilitates company-to-company operating performance comparisons by backing out potential differences caused by variations in capital structures (affecting net interest expense), taxation, variations in organic vs. inorganic growth (affecting amortization expense) and the age and book depreciation of property, plant and equipment (affecting relative depreciation expense). We believe Adjusted EBITDA further facilitates company-to-company operating comparisons by backing out items that we believe are not part of our core operating performance. Items backed out of Adjusted EBITDA are comprised of expenses incurred in the development of our ERP system and the redesign of our supply chain, business acquisition expenses including retention bonus expenses, due diligence and consulting costs incurred in connection with the acquisitions, expenses recognized related to the change in the fair value of contingent consideration for acquisitions, restructuring costs, gains and losses on disposals of fixed assets, and income and expenses classified as other non-operating income and expenses which may vary for different companies for reasons unrelated to operating performance. In addition, EBITDA and Adjusted EBITDA are key drivers of the company’s core operating performance and major factors in management’s bonus compensation each year. Management has excluded the effects of these items in these measures to assist investors in analyzing and assessing our past and future core operating performance. In addition, we believe that EBITDA and Adjusted EBITDA are frequently used by securities analysts, investors and other interested parties in their evaluation of companies, many of which present EBITDA, Adjusted EBITDA and/or other adjusted measures when reporting their results. EBITDA and Adjusted EBITDA are not measurements of financial performance under GAAP and should not be considered as alternatives to net income as a measure of performance. In addition, other companies may define EBITDA and Adjusted EBITDA differently and, as a result, our measures of EBITDA and Adjusted EBITDA may not be directly comparable to EBITDA and Adjusted EBITDA of other companies. Furthermore, EBITDA and Adjusted EBITDA have limitations as analytical tools, and you should not consider either of them in isolation, or as a substitute for analysis of our results as reported under GAAP. Because of these limitations, EBITDA and Adjusted EBITDA should not be considered as measures of discretionary cash available to us to invest in the growth of our business. We compensate for these limitations by relying primarily on our GAAP results and using EBITDA and Adjusted EBITDA only supplementally. You are cautioned not to place undue reliance on EBITDA or Adjusted EBITDA. The following table reconciles EBITDA and Adjusted EBITDA to net income (loss), which we consider to be the most directly comparable GAAP financial measure to EBITDA and Adjusted EBITDA.


News Article | May 23, 2017
Site: www.prnewswire.com

FCA US is currently reviewing the complaint, but is disappointed that the DOJ-ENRD has chosen to file this lawsuit. The Company intends to defend itself vigorously, particularly against any claims that the Company engaged in any deliberate scheme to install defeat devices to cheat U.S. emissions tests. As FCA US announced last week, it has developed updated emissions software calibrations that it believes address the concerns of EPA and CARB, and has now formally filed for diesel vehicle emissions certification with the regulators for its 2017 model year (MY) Jeep Grand Cherokee and Ram 1500 diesel vehicles. Subject to the permission of EPA and CARB, FCA US intends to install the same modified emissions software in 2014-2016 MY Jeep Grand Cherokee and Ram 1500 diesel vehicles. FCA US believes this will address the agencies' concerns regarding the emissions software calibrations in those vehicles. FCA expects that the installation of these updated software calibrations will improve the 2014-2016 MY vehicles' emissions performance and does not anticipate any impact on performance or fuel efficiency. Notwithstanding this lawsuit, the Company remains committed to working cooperatively with EPA and CARB to resolve the agencies' concerns quickly and amicably. About FCA US LLC FCA US LLC is a North American automaker based in Auburn Hills, Michigan. It designs, manufactures, and sells or distributes vehicles under the Chrysler, Dodge, Jeep®, Ram, FIAT® and Alfa Romeo brands as well as the SRT performance designation. The Company also distributes Mopar® and Alfa Romeo parts and accessories. FCA US is building upon the historic foundations of Chrysler Corp., established in 1925 by industry visionary Walter P. Chrysler and Fabbrica Italiana Automobili Torino (F.I.A.T.), founded in Italy in 1899 by pioneering entrepreneurs, including Giovanni Agnelli. FCA US is a member of the Fiat Chrysler Automobiles N.V. (FCA) family of companies. (NYSE: FCAU/ MTA: FCA). FCA, the seventh-largest automaker in the world based on total annual vehicle sales, is an international automotive group. FCA is listed on the New York Stock Exchange under the symbol "FCAU" and on the Mercato Telematico Azionario under the symbol "FCA." To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/response-filing-by-doj-enrd-300462523.html


GAAMA members evaluated various manufacturers' vehicles, spanning several family-oriented categories. Journalists scored vehicles after driving scenic routes at the Lake Lanier Islands Resort and Conference Center in Buford, Georgia. "GAAMA works hard at this event to evaluate a variety of vehicles for family friendliness and functionality," said Christopher Lawrence, GAAMA President and CEO of AutoAcademics. "Our members were thoroughly impressed by the 2017 Chrysler Pacifica and Pacifica Hybrid. Today's busy families need a vehicle that can help make their lives easier, and the Pacifica and Pacifica Hybrid deliver that by offering versatility, functionality, technology and unsurpassed fuel economy. And for a do-it-all family vehicle, the 2017 Ram 1500 delivers with a full array of family-friendly features, clever storage solutions, excellent ride and handling, and impressive power. And I can't fail to mention that it sounds great, too!" FCA US vehicles receiving awards at the GAAMA Family Car Challenge were: All-new 2017 Chrysler Pacifica The 2017 Chrysler Pacifica reinvents the minivan segment with an unprecedented level of functionality, versatility, technology and bold styling. Re-engineered from the ground up on an all-new platform, the Pacifica delivers class-leading gasoline and hybrid powertrains to the minivan segment. With more than 100 available safety and security features, the all-new Uconnect Theater rear seat entertainment system, and a full array of comfort and convenience technologies, the Chrysler Pacifica is a no-compromises minivan ideally suited for today's families and has earned its spot as the most awarded minivan of the year. The Pacifica Hybrid takes this revolutionary vehicle a step further with its innovative, advanced hybrid powertrain. It's the first electrified vehicle in the minivan segment and achieves 84 miles per gallon equivalent (MPGe) in electric-only mode and 33 miles of all-electric range. About Ram 1500 Ram Truck builds America's longest-lasting pickups. Contributing to that title, the Ram 1500 boasts numerous segment-exclusive features in areas most important to truck buyers. Supporting best-in-class fuel efficiency of 29 miles per gallon is an exclusive EcoDiesel V-6 engine. Class leading ride and handling is accomplished via a unique link-coil rear suspension system with optional air suspension. Other features, such as Ram Box bedside storage, hidden bins and a flat-load floor, offer unique solutions for cargo. Available in 11 different trim levels, the Ram 1500 has a full-size pickup for everyone. About GAAMA GAAMA's objective is to further professionalism of the automotive media; provide a forum for newsworthy people and products connected with the automotive industry; and to bring together people whose activities are related to the field of automotive journalism, public relations and related fields for the mutual benefit of all parties. About FCA US LLC FCA US LLC is a North American automaker based in Auburn Hills, Michigan. It designs, manufactures, and sells or distributes vehicles under the Chrysler, Dodge, Jeep®, Ram, FIAT® and Alfa Romeo brands as well as the SRT performance designation. The Company also distributes Mopar® and Alfa Romeo parts and accessories. FCA US is building upon the historic foundations of Chrysler Corp., established in 1925 by industry visionary Walter P. Chrysler and Fabbrica Italiana Automobili Torino (F.I.A.T.), founded in Italy in 1899 by pioneering entrepreneurs, including Giovanni Agnelli. FCA US is a member of the Fiat Chrysler Automobiles N.V. (FCA) family of companies. (NYSE: FCAU/ MTA: FCA). FCA, the seventh-largest automaker in the world based on total annual vehicle sales, is an international automotive group. FCA is listed on the New York Stock Exchange under the symbol "FCAU" and on the Mercato Telematico Azionario under the symbol "FCA." To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/2017-chrysler-pacifica-hybrid-wins-top-honor-as-overall-best-family-car-from-the-greater-atlanta-automotive-media-association-300462679.html


News Article | May 26, 2017
Site: www.prnewswire.com

About FCA US LLC FCA US LLC is a North American automaker based in Auburn Hills, Michigan. It designs, manufactures, and sells or distributes vehicles under the Chrysler, Dodge, Jeep®, Ram, FIAT and Alfa Romeo brands, as well as the SRT performance designation. The Company also distributes Mopar and Alfa Romeo parts and accessories. FCA US is building upon the historic foundations of Chrysler Corp., established in 1925 by industry visionary Walter P. Chrysler and Fabbrica Italiana Automobili Torino (F.I.A.T.), founded in Italy in 1899 by pioneering entrepreneurs, including Giovanni Agnelli. FCA US is a member of the Fiat Chrysler Automobiles N.V. (FCA) family of companies. (NYSE: FCAU/ MTA: FCA). FCA, the seventh-largest automaker in the world based on total annual vehicle sales, is an international automotive group. FCA is listed on the New York Stock Exchange under the symbol "FCAU" and on the Mercato Telematico Azionario under the symbol "FCA." To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/fca-replay-wraps-the-week-300464613.html


News Article | May 26, 2017
Site: www.marketwired.com

TORONTO, ONTARIO--(Marketwired - May 26, 2017) - Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") (CSE:MTA)(CSE:MTA.CN)(CNSX:MTA)(OTCQB:EXCFF)(FRANKFURT:X9CP) is pleased to announce that Mr. Bill Tsang has joined the Company as Chief Financial Officer ("CFO") and Ms. Kim Casswell as Corporate Secretary. Mr. Tsang is a Chartered Professional Accountant with a Bachelor of Commerce from the University of British Columbia and more than 10 years of financial accounting and auditing experience in the mineral exploration and mining industry. Prior to joining Metalla Royalty & Streaming Ltd., he worked in public practice providing professional services and advice to publicly traded companies on the NYSE, TSX-V, and OTC markets on various public reporting services, such as Qualifying Transactions for Reverse Take-Over, mergers and acquisitions, and financing transactions. Since then, he has served as the CFO of Atico Mining Corporation. Ms. Casswell has been the Corporate Secretary of several public companies listed on TSX-V and the Toronto Stock Exchange since 1994, and has been providing independent corporate secretary services since 1995. Ms. Casswell has played an important role in the growth of these companies and is familiar with regulations governing public companies in several jurisdictions. Ms. Casswell has been and currently still is Corporate Secretary of a number of TSX Venture Exchange listed junior exploration companies. Mr. Tsang will be replacing Ms. Donna McLean who has served as Metalla's CFO since July 2012. Ms. McLean has been instrumental to the Company's success and transition into the metal royalty and streaming business last year. She will continue to work with the Company, on a part time basis, as a financial consultant. The Board of Directors wishes to sincerely thank Ms. McLean for her devoted efforts in stewarding the financial reporting of Metalla during its foundational year and years past. "I would like to take this opportunity to welcome our new team members, and to thank Donna for her many years of commitment and leadership on behalf of all of us at Metalla," commented Brett Heath, President of Metalla Royalty & Streaming. Metalla Royalty & Streaming Ltd. is a precious metals royalty and streaming company engaged in the acquisition and management of precious metal royalties, streams, and similar production based interests. On behalf of the Board of Directors:

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