Industry News

Starbucks at 749 East Broadway at the intersection of L Street in South Boston, despite opposition from Mayor Martin J. Walsh and many neighbors. "We're thrilled with the decision and look forward to being an active neighbor and gathering place for the Southie community."/>
Starbucks wins Southie rematch [Boston Herald]
MannKind Corporation, a developer of devices for treatment of diabetes. Before his death, Mann staged offerings for the company on both Nasdaq and the Tel Aviv Stock Exchange."/>
Alfred Mann's legacy stimulates Israeli innovation [Globes, Tel Aviv, Israel]
Akamai Technologies Inc. with its "State of the Internet" reports. Enterprises, on the other hand, know Akamai for more than just that--as a content delivery network services company that helps them access a speedier and smarter Internet, and one that is reliable and secure. Much of what Akamai does is accomplished with the help of sophisticated algorithms, Tom Leighton, its chief executive officer, said in an interview in Mumbai."/>
Whatever we do is around mobile now: Akamai CEO Tom Leighton [Mint, New Delhi]
Target Corp. said it will end its business relationship with Welspun India Ltd, stating it had received bedsheets where Egyptian cotton was substituted with a cheaper variant. When stock market trading resumed on Monday, it was clear Welspun India wasn't worth the Rs.10, 370 crore valuation it enjoyed until the prior week. But how much was it now worth?"/>
How long does it take to discover Welspun India's new worth? [Mint, New Delhi]
Tata Communications Ltd said on Thursday that it had filed a complaint against Sharepro Services Pvt. Ltd with the Economic Offences Wing, citing certain irregularities in the records of its securities maintained by the share transfer agent. In April, the Securities and Exchange Board of India had filed a complaint with the EoW for registering a first information report against Sharepro Services and 15 others--less than two weeks after the regulator had barred..."/>
Tata Communications files complaint against Sharepro with EoW [Mint, New Delhi]
Welspun India Ltd's largest customers said late on Wednesday evening it will independently review its supply chain following Target Corp.' s decision to snap ties with the Indian textile maker. Bed Bath& Beyond is the fourth retailer following Target, Wal-Mart Stores Inc and J.C. Penney Co. now reviewing its supply chain to verify Welspun's product claims."/>
Welspun India product claims: Now, Bed Bath & Beyond starts review [Mint, New Delhi]
Accenture analysis of data from CB Insights. Total investment in Asia-Pacific's financial technology sector reached $9.62 billion as of July 31, more than twice the $4.26 billion invested in the region in all of 2015.. "China's established companies, rather than nascent start-ups, are at the forefront of the..."/>
Asia-Pacific beats North America in fintech investment: report [Mint, New Delhi]
Rite Aid finally opened in downtown Allentown on Thursday morning, and Bessie Hunter was there "shopping hard." After all, she and the fellow residents of nearby Center Square Apartments, a senior housing complex on Seventh Street, have been waiting for a pharmacy downtown for more than four years, which is when Rite Aid's longtime Hamilton Street store was razed to make way for PPL Center. "It's convenient, and it's in walking distance," said Hunter, who had been..."/>
Finally, Rite Aid opens in downtown Allentown [The Morning Call (Allentown, Pa.)]
Sears Holdings Corp. will close its store at Eden Prairie Center in November, the company said Thursday. The closing is part of a series of actions the Chicago-based retailer is taking to cut expenses and transform its asset base. The announcement came on the same day Sears reported a sales decline and net loss in the May-to-July quarter."/>
Sears, amid more red ink, says it will close Eden Prairie store [Star Tribune (Minneapolis)]
Almost ready [Desert Dispatch, Barstow, Calif.]
Dollar Tree executives say the discount chain that merged with Family Dollar a year ago sold nearly $5 billion worth of goods in the second quarter, earning a profit of $170.2 million. In the three months ending July 30, the Chesapeake-based retailer reported earning 72 cents per share compared with a loss of 46 cents per share a year ago when it racked up costs associated with its $9.2 billion merger. Dollar Tree's shopping square footage also grew during the quarter by 10.4..."/>
Dollar Tree, Family Dollar combined sales nearly top $5 billion last quarter [The Virginian-Pilot]
WALGREENS BOOTS ALLIANCE BUYS ANOTHER USD 1.19 BN OF AMERISOURCEBERGEN SHARES VIA WARRANTS EXERCISE US-based drug retailing chain Walgreens Boots Alliance, Inc. has exercised these warrants and purchased 22,696,912 shares of US-based pharmaceutical sourcing and distribution services company AmerisourceBergen common stock for an aggregate payment of approximately USD 1.19 bn using cash..."/>
M and A Navigator: Deal pipeline –26 August

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Most Popular Sectors in the News
Sectors Articles in the last 7 days
Consumer Discretionary653 Articles
Information Technology596 Articles
Financials484 Articles
Health Care338 Articles
Industrials323 Articles

Sponsored Financial Commentaries

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact , please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.