Sparton Corp (SPA) 19.71 $SPA Sparton Resources

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Sparton Corp (SPA) 19.71 $SPA

Sparton Resources Announces Receipt of Payment for Battery Commissioning
Marketwire Canada - Thu Jun 09, 6:48AM CDT
TORONTO, ONTARIO--(Marketwired - Jun 9, 2016) - Sparton Resources Inc. (TSX VENTURE:SRI) ("Sparton" or the "Company" is pleased to announce that the full payment of RMB 15.265 million (approximately $C3.2 million) was received by the Company's client for the commissioning of the Zhangbei Project's 8 Megawatt Hour Vanadium Flow Battery on June 7, 2016, from the battery's owner, State Grid North China Company Limited ("State Grid". (Please see Sparton news release dated April 4, 2016 for background).
SRI.VN: 0.040 (-0.005), SPA: 19.71 (-0.33)

Uptrend Call Working As Sparton Stock Rises 27.1% (SPA)
Comtex SmarTrend(R) - Wed Jun 08, 1:06AM CDT
SmarTrend identified an Uptrend for Sparton (NYSE:SPA) on March 7th, 2016 at $15.74. In approximately 3 months, Sparton has returned 27.06% as of today's recent price of $20.00.
SPA: 19.71 (-0.33)

Sparton Shares Up 24.5% Since SmarTrend's Buy Recommendation (SPA)
Comtex SmarTrend(R) - Tue May 31, 1:45PM CDT
SmarTrend identified an Uptrend for Sparton (NYSE:SPA) on March 7th, 2016 at $15.74. In approximately 3 months, Sparton has returned 24.52% as of today's recent price of $19.60.
SPA: 19.71 (-0.33)

20.7% Return Seen to Date on SmarTrend Sparton Call (SPA)
Comtex SmarTrend(R) - Fri May 20, 1:26PM CDT
SmarTrend identified an Uptrend for Sparton (NYSE:SPA) on March 7th, 2016 at $15.74. In approximately 2 months, Sparton has returned 20.72% as of today's recent price of $19.00.
SPA: 19.71 (-0.33)

Broadwind Energy Appoints Persio Lisboa and Cary Wood to Board
GlobeNewswire - Thu May 19, 6:00AM CDT
Broadwind Energy, Inc. (NASDAQ:BWEN) today announced that Persio V. Lisboa, 50, and Cary B. Wood, 49, have been appointed to the Company's Board of Directors, effective May 18.
BWEN: 4.30 (-0.03), SPA: 19.71 (-0.33), NAV: 13.59 (+0.36), VPG: 13.53 (-0.07)

Sparton Has Returned 25.1% Since SmarTrend Recommendation (SPA)
Comtex SmarTrend(R) - Fri May 13, 12:32AM CDT
SmarTrend identified an Uptrend for Sparton (NYSE:SPA) on March 7th, 2016 at $15.74. In approximately 2 months, Sparton has returned 25.10% as of today's recent price of $19.69.
SPA: 19.71 (-0.33)

Sparton Corporation and Ultra Electronics USSI Joint Venture (ERAPSCO) Awarded $101.1 Million for U.S. Navy Sonobuoy Contract
BusinessWire - Tue May 10, 7:15AM CDT
Ultra Electronics Holdings plc (ULE) and Sparton Corporation (NYSE:SPA) announce the award of subcontracts valued at $101.1 million to their ERAPSCO joint venture, for the manufacture of sonobuoys for the United States Navy. The award is a GFY16 ERAPSCO Indefinite Delivery Indefinite Quantity (IDIQ) contract release for sonobuoy requirements under ERAPSCO's five year contract. ERAPSCO will provide production subcontracts in the amount of $46.8 million and $54.3 million to Ultra Electronics USSI and Sparton De Leon Springs, LLC respectively. Production will take place at Ultra Electronics USSI's Columbia City, IN facility and Sparton's De Leon Springs, FL facility and is expected to be completed by September 2017.
SPA: 19.71 (-0.33)

Shares of SPA Up 28.1% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Thu May 05, 1:01PM CDT
SmarTrend identified an Uptrend for Sparton (NYSE:SPA) on March 7th, 2016 at $15.74. In approximately 2 months, Sparton has returned 28.08% as of today's recent price of $20.16.
SPA: 19.71 (-0.33)

Downgrade Alert for Sparton (SPA)
Comtex SmarTrend(R) - Thu May 05, 3:45AM CDT
Sparton (NYSE:SPA) was downgraded from Buy to Neutral at Sidoti today. The stock closed yesterday at $20.15 on volume of 175,000 shares, above average daily volume of 63,000. Sparton share prices have moved between a 52-week high of $29.49 and a 52-week low of $11.19 and closed yesterday at 80% above that low price at $20.15 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 2.2%.
SPA: 19.71 (-0.33)

Sparton Corporation and Engine Capital Reach Agreement to Appoint Alan L. Bazaar and John A. Janitz to Company's Board of Directors
BusinessWire - Wed May 04, 7:30AM CDT
Sparton Corporation (NASDAQ:SPA) ("Sparton" or the "Company" today announced that it has entered into an agreement with Engine Capital, L.P., Norwood Capital Partners, LP and certain of their affiliates (the "Engine Group" pursuant to which Alan L. Bazaar and John A. Janitz have been appointed to the Company's Board of Directors, effective immediately. With these appointments, the Company's Board of Directors will be expanded to eight directors, seven of whom are independent. Furthermore, under the agreement, the Engine Group has agreed, among other things, to vote its shares in support of all of the Company's director nominees, which will include both Messrs. Bazaar and Janitz, at the Company's 2016 annual meeting of shareholders and to abide by customary standstill provisions until January 1, 2017.
HSON: 2.17 (unch), SPA: 19.71 (-0.33)

Sparton Corporation Reports Fiscal 2016 Third Quarter Results
BusinessWire - Tue May 03, 3:15PM CDT
Sparton Corporation (NYSE: SPA) today announced results for the third quarter of fiscal year 2016 ended March 27, 2016.
SPA: 19.71 (-0.33)

Sparton Corporation Explores Potential Sale Transaction
BusinessWire - Wed Apr 27, 6:30AM CDT
Sparton Corporation (NYSE:SPA) today announced that, as part of its previously announced exploration of strategic alternatives, its Board of Directors has authorized Wells Fargo Securities, LLC to conduct a process to identify parties interested in acquiring the entire Company. This decision was made after carefully considering a number of options presented by Wells Fargo upon the completion of their strategic alternative review engagement. The Company is working with Wells Fargo to prepare the necessary marketing materials and expects to begin engaging with interested parties by the end of June.
SPA: 19.71 (-0.33), WFC: 48.25 (-0.09)

Uptrend Call Working As Sparton Stock Rises 31.8% (SPA)
Comtex SmarTrend(R) - Wed Apr 27, 12:42AM CDT
SmarTrend identified an Uptrend for Sparton (NYSE:SPA) on March 7th, 2016 at $15.74. In approximately 2 months, Sparton has returned 31.77% as of today's recent price of $20.74.
SPA: 19.71 (-0.33)

Sparton Corporation to Host Conference Call to Discuss Fiscal 2016 Third Quarter Financial Results
BusinessWire - Tue Apr 19, 7:30AM CDT
Sparton Corporation (NYSE:SPA) announced it will host a conference call on Wednesday, May 4, 2016 at 10:00 a.m. CDT/11:00 a.m. EDT to discuss its fiscal year 2016 third quarter financial results.
SPA: 19.71 (-0.33)

Sparton Corporation and Ultra Electronics USSI Joint Venture (ERAPSCO/Sonobuoy Tech Systems) Awarded $17.5M in Foreign Sales Contracts
BusinessWire - Wed Apr 13, 7:30AM CDT
Ultra Electronics USSI, a subsidiary of Ultra Electronics Holdings plc (ULE) and Sparton Corporation (NYSE:SPA) announce the award of subcontracts valued at $17.5 million from their ERAPSCO/SonobuoyTech Systems joint venture. Multiple foreign contracts represent the manufacture of Passive and Active Sonobuoys in support of multiple underwater missions. ERAPSCO/SonobuoyTech Systems will provide manufacturing subcontracts in the amount of $11.5 million to Ultra Electronics USSI and $6.0 million to Sparton De Leon Springs LLC. Production will take place at Ultra Electronics USSI's Columbia City, IN facility and Sparton's De Leon Springs, FL facility.
SPA: 19.71 (-0.33)

Sparton Resources Announces Payment Confirmation for Battery Commissioning
Marketwired - Mon Apr 04, 9:32AM CDT
Sparton Resources Inc. (TSX VENTURE: SRI) ("Sparton" or the "Company" is pleased to announce that it received written confirmation of the payment for the commissioning of the Zhangbei Project's 8 Megawatt Hour Vanadium Flow Battery on March 22, 2016 from the battery's owner, State Grid North China Company Limited ("State Grid". A payment of RMB 15.265 million (approximately $C3.2 million) to the Company's client was confirmed, and the payment process is underway. (Please see Sparton news release dated February 25, 2016 for background).
SRI.VN: 0.040 (-0.005), SPA: 19.71 (-0.33)

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