Industry News

Liberty Media Corp. has agreed to acquire London, England-based motorsports business Formula One, from a consortium of sellers led by CVC Capital Partners, the company said. Completion of the acquisition is subject to certain conditions. The consideration comprises cash and newly issued shares in the Liberty Media Group tracking stock and a debt instrument exchangeable into shares of LMCK."/>
Liberty Media Agrees to Acquire Formula One in USD 4.4bn Deal
Under Armour CEO Kevin Plank. Plank's charitable organization, the Cupid Foundation, presented the gift at the archdiocese's annual back-to-school breakfast. Church officials said it would support the Partners in Excellence scholarship program, which they said has provided more than 25,000 need-based scholarships..."/>
Kevin Plank donates $1 million to Baltimore Catholic schools [The Baltimore Sun]
Pier 1 Imports before heightened competition from online retailers pinched results in recent years, will step down as president and chief executive officer at the end of the year, the company announced Wednesday. In a statement, Pier 1 said that the board of directors and Smith had mutually agreed upon the transition plan. The announcement came as the Fort Worth-based retailer disclosed the latest in a string of disappointing..."/>
Pier 1 Imports CEO Alex Smith to step down at end of the year [Fort Worth Star-Telegram]
Bluestem Group Inc. today reported unaudited consolidated financial results that include its wholly-owned subsidiary, Bluestem Brands, Inc. and its subsidiaries, for the 13- and 26- weeks ended July 29, 2016 and July 31, 2015. We refer to the 13- week periods in this release as the“ second quarter.” Bluestem is a multi-brand, online retailer of a broad selection of name-brand and private label general merchandise serving the boomer and senior demographic, generally considered..."/>
Bluestem Group Inc. Announces Unaudited Consolidated Second Quarter Earnings Results
Facebook page were from people not happy with the announcement."/>
BRIEF: Why are folks in Beaufort upset about the new businesses coming to town? [The Island Packet (Hilton Head Island, S.C.)]
Starbucks and Dunkin Donuts."/>
Pumpkin spice craze hits Shelby coffee shops [The Star, Shelby, N.C.]
Five Below has announced tentative plans to open on Sept. 23.. The 9,000- square-foot location, adjacent to Dick's Sporting Goods in the former Kmart building, is one of nearly 85 stores across the country the company is hoping to open in 2016.."/>
Five Below store to open Sept. 23 on Second Street [St. Cloud Times, Minn.]
Live Nation Entertainment, Inc., the world's leading live entertainment and ecommerce company, announced today that Michael Rapino, Live Nation Entertainment's President and Chief Executive Officer, will be presenting at the Goldman Sachs Communacopia Conference, on Wednesday, September 21, 2016 at 4:35 p.m. ET. Rapino may make observations regarding the company's financial performance and outlook. A live audio webcast of the..."/>
Live Nation Entertainment Announces Participation In Goldman Sachs Communacopia Conference
TJX Companies, Inc., the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, today announced the pricing of the public offering of $1.0 billion aggregate principal amount of notes due 2026. The notes will bear interest at a rate of 2.250% per annum, beginning September 12, 2016. The Company intends to use the net proceeds from the sale of the notes to redeem the Company’ s $375 million aggregate principal amount 6.950% notes due..."/>
The TJX Companies, Inc. Prices $1.0 Billion Notes Offering
Liberty Media Corporation and CVC Capital Partners announced today that Liberty Media has agreed to acquire Formula One, the iconic global motorsports business, from a consortium of sellers led by CVC."/>
Liberty Media Corporation Agrees to Acquire Formula One
Apple CEO Tim Cook took the stage in San Francisco to announce details about the forthcoming iPhone 7 and iPhone 7 Plus, Amazon seems to have launched its product page for the devices, confirming several speculated features of the new smartphones. Chief among those confirmations is the loss of the 3.5 mm headphone jack in Apple's flagship product."/>
BRIEF: Amazon spills the beans on iPhone 7 details, product page launches ahead of announcement [The Oregonian, Portland, Ore.]
Tailored Brands, Inc. today announced consolidated financial results for the fiscal second quarter ended July 30, 2016.. Second quarter 2016 GAAP diluted earnings per share were $0.51 and adjusted diluted EPS was $0.99 excluding certain items. "We are pleased to report a 2.9% comparable sales increase at Men's Wearhouse."/>
Tailored Brands, Inc. Reports Fiscal 2016 Second Quarter And Six Month Results
Gray Television, Inc. announced today that it has priced its previously announced offering of $525.0 million in aggregate principal amount of 5.125% senior notes due 2024 and $200.0 million in aggregate principal amount of additional 5.875% senior notes due 2026. The 2024 Notes were priced at 100% of par. The Additional 2026 Notes were priced at 103% of par plus accrued interest from and including June 14, 2016, resulting in an effective yield..."/>
Gray Television Announces Pricing Of $525.0 Million Of 5.125% Senior Notes Due 2024 And $200.0 Million Of Add-On Senior Notes Due 2026
Philadelphia Next Stop For Modine Innovation Tour

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