Industry News

Krispy Kreme Doughnuts, Inc. and JAB Beech Inc., an indirect controlled subsidiary of JAB Holding Company, today announced the successful completion of the acquisition of Krispy Kreme by JAB Beech. The acquisition was announced on May 9, 2016, and the transaction closed and became effective today following the vote by shareholders of the Company to approve the deal at a special shareholder meeting earlier in the day. Under the terms of the transaction,..."/>
JAB Beech Completes Acquisition of Krispy Kreme
Under Armour CEO Kevin Plank's proposed $5.5 billion Port Covington development. If the city prospers, the book says, "you too will prosper." But Bishop Douglas I. Miles-- who opposes Plank's request for $660 million in public financing for the project-- thinks the book of Nehemiah is more fitting."/>
As Port Covington debate heats up, influential Baltimore pastors take sides [The Baltimore Sun]
Aimia| AGO Photography Prize, Canada's most significant award for photography. Co-presented by Aimia, a Canadian-based global leader in data-driven marketing and loyalty analytics company, and the Art Gallery of Ontario, the Prize awards C $50,000 to one winner,..."/>
Aimia | AGO Photography Prize announces 2016 shortlist
Nordstrom announced plans to expand its partnership with Madewell by adding the brand to an additional 20 stores this fall. This is the third distribution expansion since the initial launch of the partnership in March 2015 and will result in the retailer carrying Madewell in a total of 76 locations in the U.S. and Canada, as well as Nordstrom.com. Outside of Madewell stores, Nordstrom is the only brick and mortar retailer to sell Madewell..."/>
Nordstrom Expands Madewell Partnership To 20 Additional Stores This Fall
Winmark Corporation announced today that its Board of Directors has approved the payment of a quarterly cash dividend to shareholders. The quarterly dividend of $0.10 per share will be paid September 1, 2016 to shareholders of record on the close of business on August 10, 2016. Future dividends will be subject to Board approval."/>
Winmark Corporation Announces Cash Dividend
Learning Tree International, Inc. will release its Third Quarter 2016 Earnings Report and file its Third Quarter 2016 Report on Form 10- Q with the SEC on Monday August 15, 2016. To accommodate scheduling conflicts, senior management will subsequently hold the Third Quarter 2016 Conference Call on August 25, 2016. On the conference call senior management will discuss Learning Tree’ s Third Quarter 2016 results and hold a question and answer session."/>
Learning Tree International Third Quarter 2016 Conference Call Date and Time
Hilton Worldwide Holdings Inc. will host a follow-up question and answer session at 12:00 p.m. Eastern Time with Christopher J. Nassetta, Hilton's president and chief executive officer, and Kevin Jacobs, Hilton's executive vice president and chief financial officer. Participants may listen to the live webcast by logging onto the Hilton Worldwide..."/>
Hilton Schedules Question and Answer Session Following Second Quarter 2016 Earnings Conference Call
TravelCenters of America LLC, operator of the TA and Petro Stopping Centers travel center brands, will launch its annual campaign on August 1, in support of the St. Christopher Truckers Development and Relief Fund, a non-profit organization that helps truck drivers suffering from financial hardship due to medical problems. The month-long campaign will run at participating TA and Petro locations through August 31.."/>
TravelCenters of America Kicks Off Seventh Annual Fundraising Campaign to Benefit St. Christopher Fund
Ossia, the company behind the Cota ® remote wireless charging technology, announced today that it has joined the International Telecommunication Union. Founded in 1865, ITU allocates global radio spectrum and satellite orbits, develops technical standards to ensure that networks and technologies interconnect seamlessly and improves access to information and communication technologies to underserved communities around the..."/>
Ossia Joins International Telecommunication Union to Shape Global Standards
Dixie Group more than tripled its income from operations during the second quarter over last year and beat analysts expectations for profits during the period. The Chattanooga-based carpet maker said today its income from continuing operations was $1.6 million, or 10 cents per share, on net sales of $105.3 million, in the second quarter of 2016. In the same period a year ago, Dixie reported operating income of $516,000, or 3 cents per share,..."/>
Dixie carpet sales decline, but profits improve in quarter [Chattanooga Times Free Press, Tenn.]
Target in West Palm Beach has been replaced by bins of crayons, markers, and notebooks-- signaling that summer is nearly over and the back-to-school shopping season is in full swing. Florida's back-to-school tax-free shopping weekend starts on Aug. 5, offering shoppers a break from the 6 percent sales tax normally collected on school-related items. Palm Beach County students return to school on Aug. 15, and..."/>
Back-to-School: Tips on deals, getting the most of tax holiday [The Palm Beach Post, Fla.]
Entercom Communications today reported financial results for the quarter ended June 30, 2016.. -Net revenues for the quarter increased 20% to $120.5 million. -Station expenses increased 18% to $82.3 million."/>
Entercom Communications Corp. Reports Second Quarter Results
Free Large Popcorn This Sunday at AMC Theatres®
Elio Motors, today announced that 41 states now provide exemptions for motorcycle licenses or have enacted legislation creating a new class of vehicle– the autocycle-- for enclosed three-wheel vehicles. Elio Motors, which is slated to launch an enclosed, three-wheel vehicle with a targeted base price of $6,800 that will get up to 84 mpg, has been leading the autocycle legislative charge at the state and federal level since 2012.."/>
Elio Motors Legislative Update: 41 States Now Have Autocycle Definition or Motorcycle License Exemption for Enclosed Three-Wheel Vehicles
Talon International revealed on Tuesday the addition of Daniel Ryu as its chief strategy officer. Most recently, Ryu has served as COO of Apparel at Fanatics Inc, a rapidly growing, profitable apparel division in Sport License e-commerce and in-venue markets. Ryu previously worked at Oakley, Wet Seal, Riverdeep, and DFS Group."/>
Talon International elects Daniel Ryu as new chief strategy officer

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