Industry News

FedEx Thailand, the local unit of US-based FedEx Corporation, expects Thailand's logistics sector growth this year will outpace that of the country's GDP. In an exclusive interview with the Bangkok Post, David Carden, managing director of FedEx Express, Thailand and Indochina, said the company will focus on three high-growth sectors in Thailand-- small and medium-sized enterprises, e-commerce and the medical industry. He said Thailand's resilient economy consists of..."/>
FedEx upbeat on Thailand's logistics [Bangkok Post, Thailand]
Eltel AB on Friday reported a negative net result of EUR3.7m, or EUR0.07 per share, for the period January 2016 to June 2016.. This was a decline over a positive net result of EUR0.7m, or EPS of EUR0.01, in the corresponding period of 2015.. Net sales for the period amounted to EUR656.6m, up by 23% as compared with EUR546.8m in the corresponding period of the prior year."/>
Eltel posts negative result in January to June 2016 period
Eltel AB on Friday reported a negative net result of EUR3.7m, or EUR0.07 per share, for the period January 2016 to June 2016.. This was a decline over a positive net result of EUR0.7m, or EPS of EUR0.01, in the corresponding period of 2015.. Net sales for the period amounted to EUR656.6m, up by 23% as compared with EUR546.8m in the corresponding period of the prior year."/>
Eltel posts negative result in January to June 2016 period
Golden Ocean Group Limited announces that its 2016 Annual General Meeting will be held on September 23, 2016. A copy of the Notice of Annual General Meeting and associated information including the Company`s Consolidated Financial Statements on Form 20- F for 2015 can be found on our website at www.goldenocean.bm and in the links below. August 22, 2016 The Board of Directors Golden Ocean Group Limited Hamilton, Bermuda."/>
GOGL - Notice of Annual General Meeting 2016
Singapore Airlines joint venture's second major advertising campaign after its launch last year. "It is a matter of great pride for me to be associated with Vistara, a brand that is reliable, warm and friendly; a brand that carries the lineage of Tata and Singapore Airlines."/>
Deepika Padukone to be the face of Vistara [Mint, New Delhi]
M and A Navigator: Deal pipeline –22 August
Zhaopin Limited, a leading career platform in China focused on connecting users with relevant job opportunities through their career lifecycle, today announced its unaudited financial results for the fourth quarter and the fiscal year ended June 30, 2016.. Throughout the release, one American depositary share represents two Class A ordinary shares. Fiscal year refers to the 12 months ended June 30.."/>
Zhaopin Limited Reports Fourth Quarter and Fiscal Year 2016 Financial Results
Rite Aid, which is the largest chain on the East Coast of the US and the third largest in the country overall, invested $10 million in the new Israeli drugstore chain Good Pharm, which inaugurated its first branch on King George Street in Tel Aviv last week. The investors received 49% of the shares in the new chain, with control remaining with founders Adam Friedler and Ohad Sandler. The Grass family no longer owns Rite Aid, but it is..."/>
New Israeli drugstore chain slashes prices [Globes, Tel Aviv, Israel]
Detroit Free Press Susan Tompor column [Detroit Free Press]
Lockheed Martin shares stumble. As Lockheed Martin closed on the sale of its information technology division last week, its shares fell 10 percent to a Friday close of $254.12 per share. The company announced last month it would sell its IT systems and services business to Leidos Holdings for $1.8 billion in cash and $2.8 billion in stock."/>
BRIEF: Lockheed shares slide on subdivision sale [The Times-Tribune, Scranton, Pa.]

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