Industry News

Sypris Solutions, Inc. today reported financial results for its second quarter ended July 3, 2016.. Revenue for the Company was $23.5 million, reflecting a reduction in demand for commercial vehicles and the rebalancing of inventory by certain customers. Gross profit increased $0.8 million, reflecting an improvement in product mix within Sypris Electronics. Revenue for Sypris..."/>
Sypris Reports Second Quarter Results
Global Eagle Entertainment Inc. and will provide the current operation status for the top 30 U.S...."/>
Airlines for America and Global Eagle Entertainment Launch Dashboard Detailing Flight Operation at U.S. Airports
Barnes & Noble Announces CEO Departure
Luby's restaurants to children goes well beyond a range of tasty, fresh, scratch made and well-balanced menu options created specifically for the smaller set. In addition to supporting a multitude of kid-related community initiatives throughout the year, the landmark cafeteria chain is cooking up something entirely new this summer and fall as a result of a partnership with Houston-based non-profit Homemade Hope."/>
Luby's Launches Collaboration With Culinary Focused Kids Non-Profit
Target Corp. experienced its first comparable sales drop in more than two years in the May-to-July period, the company said this morning, and executives lowered their outlook for the rest of the year. While executives at the Minneapolis-based retailer had hoped for sales trends to recover in the second half of the fiscal year, they said they now expect the challenging retail landscape to continue with sales to be flat to down 2 percent in the upcoming third and fourth..."/>
First sales drop in two years sends Target execs scrambling for answers [Star Tribune (Minneapolis)]
Advance Auto Parts will open a location at 1205 N. Fairfield Road on Sept. 1.. The location was chosen because of its convenience to commercial garages, according to a release."/>
BRIEF: New auto parts store set to open in Beavercreek [Dayton Daily News, Ohio]
Tupperware Brands Corporation announced today that its board of directors declared the Company's regular quarterly dividend of 68 cents per share, payable on October 3, 2016, to shareholders of record as of September 20, 2016.. Tupperware Brands Corporation, through an independent sales force of 3.1 million, is the leading global marketer of innovative, premium products across multiple brands utilizing social selling."/>
Tupperware Brands Corporation Declares Quarterly Dividend
Dana Incorporated today announced that it was recognized by Hino Motors Manufacturing, Inc. for 100 percent on-time delivery at the annual Hino supplier conference last month. Dana currently supplies driveshafts, companion flanges, and yokes to Hino from facilities in North America and Asia. These components are used on a range of Hino medium-duty trucks, as well as Toyota Tundra pickup trucks."/>
Dana Incorporated Recognized by Hino Trucks for On-Time Delivery
Comcast launched the Chicago area trial of a new Internet service today that delivers speeds up to 1 Gigabit-per second to customers. The service will use DOCSIS 3.1 technology to deliver these speeds over the company's existing network infrastructure. With a 1 Gbps connection, customers can:."/>
Comcast To Deliver Gigabit Internet Service Over Its Existing Network Infrastructure
TopBuild Corp. has acquired US-based residential insulation company Valley Insulation, the company said. For the trailing 12 months ended June 30, 2016, Valley Insulation generated approximately USD 4.5 m in annual revenue. TopBuild Corp., headquartered in Daytona Beach, Florida, buys, installs and distributes insulation products to the US construction industry."/>
TopBuild Acquires US Residential Insulation Firm
DSW Inc., a leading branded footwear and accessories retailer in North America, is pleased to announce the signing of Apparel Group as its exclusive franchise partner in the Gulf Coast. The agreement will expand DSW into Saudi Arabia, Bahrain, Qatar, Kuwait, United Arab Emirates and Oman and with 40 stores across the territory, with the first stores opening in 2017.. DSW's international stores will showcase the huge variety of styles at..."/>
DSW Inc. to Open New Stores in the Middle East
Missing teenage girl found [The Pueblo Chieftain, Colo.]
BALFOUR Beatty has bagged its biggest-ever US contract to transform a 52- mile stretch of Californian railway. The British infrastructure firm will electrify the line from San Francisco to San Jose, a track used by 65,000 commuters a day. More than 300 people will work on the pounds sterling 524 m project at its peak, including 50 apprentices."/>
Daily Mail, London, business briefs column [Daily Mail, London]

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