Industry News

Nordstrom Inc announced on Friday that it plans to open a new Nordstrom Rack at The Village at Totem Lake in Kirkland, Washington. This approximately 35,000- square-foot store is scheduled to open in autumn 2017. The property is owned by CenterCal Properties LLC."/>
Nordstrom announces opening of new store in Kirkland, Washington
Hilton Unveils First Hotel in Montenegro
Marico Ltd's chairman Harsh Mariwala distanced himself from day-to-day operations of the packaged consumer goods maker he founded in 1990, leaving it in the hands of professional managers. Now 65, Mariwala can afford to take a break and focus on strategic investments. Marico is virtually on autopilot mode to becoming a Rs10, 000 crore emerging markets multinational by 2020.."/>
What will the Marico of tomorrow look like? [Mint, New Delhi]
Ashok Leyland Ltd have baulked at the company's plan to merge with affiliate Hinduja Foundries Ltd.. Gopal Mahadevan, chief financial officer at Hinduja Group flagship Ashok Leyland, defended the move, saying the intent was to bail out one of its key suppliers, which has been mired in operational inefficiency and other challenges. Also, this should be viewed as a "one-off" and Ashok Leyland "has no plans to bankroll" its subsidiaries or make any further..."/>
The motive behind Hinduja Foundries Ltd's Ashok Leyland merger [Mint, New Delhi]
Berkeley Group, said:' Half the..."/>
Curb on EU workers 'will cut new homes by half' [Financial Mail on Sunday, London]
M and A Navigator: Deal pipeline –19 September
Bloomin' Brands, Inc. for USD 14.9 m, the company said. The portfolio includes three restaurant properties that operate as Outback Steakhouses, located in Austin, Texas, Charlotte, North Carolina, and Charlottesville, Virginia, and another property..."/>
Consolidated Tomoka Acquires Four US Restaurant Properties for USD 14.9m
Pace Brings a Podium for Toyota GAZOO Racing
Home construction builds momentum [Ocala Star-Banner, Fla.]
GoPro, Inc., will host two live presentations from Squaw Valley, CA on Monday, September 19.. 9:00 am- GoPro management will host a live event to unveil new products. Location: Squaw Valley, CA To join the live stream, please visit: https://www.gopro.com/livestream? 10:30 am- GoPro management will host a Q&A session for the investor and analyst communities Location: Squaw Valley, CA A live webcast of the Q&A session will be accessible on the "..."/>
GoPro Management to Host Two Live Events on September 19, 2016

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