Industry News

Speedway Motorsports, Inc. today reported second quarter 2016 total revenues of $175.7 million and net income of $24.7 million or $0.60 per diluted share. Six month 2016 total revenues were $258.9 million and net income was $25.6 million or $0.62 per diluted share. The results were within management’ s expectations, and SMI reaffirmed its full year 2016 non-GAAP earnings guidance of $0.90 to $1.10 per diluted share as further described below."/>
Speedway Motorsports Reports Results for the Three and Six Months Ended June 30, 2016 and Reaffirms Full Year 2016 Guidance
Torstar Corporation today reported financial results for the second quarter ended June 30, 2016.. Highlights for the second quarter:. Effective July 3 rd, printing of The Toronto Star was successfully transitioned to Transcontinental Printing."/>
Torstar Corporation Reports Second Quarter Results
Strayer Education, Inc. today announced financial results for the period ended June 30, 2016. Financial highlights are as follows:. For Three Months Ended June 30:."/>
Strayer Education, Inc. Reports Second Quarter Revenues and Earnings; and Summer Term 2016 Enrollments
Wyndham Worldwide Corporation today announced results for the three months ended June 30, 2016.. Second quarter revenues were $1.4 billion, flat compared with the prior year period. In constant currency and excluding acquisitions, revenues increased 1%."/>
Wyndham Worldwide Reports Second Quarter 2016 Results
Hilton Worldwide Holdings Inc. today reported its second quarter 2016 results. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160727005390/en/."/>
Hilton Reports Second Quarter Results and Progress on Planned Spin Transactions
Lumber Liquidators, the largest specialty retailer of hardwood flooring in North America, today announced financial results for the second quarter and six months ended June 30, 2016.. Net sales in the second quarter of 2016 were $238.1 million, a decrease of 4.0% from the second quarter of 2015. This includes a comparable store net sales decline of 7.2%, reflecting a 0.7% increase in the average sale which was more than fully offset by a 7.9%..."/>
Lumber Liquidators Announces Second Quarter 2016 Financial Results
Entercom Communications will launch its first live, syndicated radio program, "Beyond Reality Radio," a two-hour talk show about the paranormal, beginning on August 1, airing Monday through Thursdays, live in each time zone. Co-hosted by Jason Hawes, co-founder..."/>
'Beyond Reality Radio,' Hosted By Jason Hawes And Jv Johnson, Debuts On Entercom Radio Stations On August 1
Entercom Communications, one of the largest radio broadcasters in the United States, today announced that Kim Reis has been promoted to Vice President of Digital Audience Engagement. Reis has been the Director of Digital Audience Engagement at Entercom Communications since July 2013 and has been instrumental in educating the programming team on digital best practices, while growing the company's social following and digital marketing footprint by more..."/>
Kim Reis Appointed Vice President Of Digital Audience Engagement, Entercom
BorgWarner Inc disclosed on Monday that its board of directors approved a quarterly cash dividend of USD0.13 per share on the company's common stock. The dividend will be paid on 15 September 2016 to shareholders of record on 1 September 2016.. BorgWarner develops, manufactures and sells engineered automotive systems and components primarily for power train applications worldwide."/>
BorgWarner announces dividend of USD0.13 per share for quarter
International Game Technology PLC authorised a quarterly cash dividend of USD0.20 per ordinary share, the company reported on Tuesday. All shareholders of record as of the close of business on 10 August 2016 will receive the dividend payment on 24 August 2016.. IGT operates and provides technology products and services across lotteries, electronic gaming machines, sports betting and interactive gaming markets worldwide."/>
International Game Technology announces dividend Of USD0.20 per share for quarter
Maruti Suzuki India Ltd's quarterly profit rose 23%, beating analysts' estimates, as the nation's largest car maker benefited from lower material costs and a surge in income from activities other than its core business operations. Net profit rose to Rs.1, 486.20 crore in the fiscal first-quarter ended 30 June from Rs.1, 208.10 crore in the year earlier, the company said on Tuesday. That compares with Rs.1, 224 crore profit estimated by a Bloomberg survey of 29..."/>
Maruti Suzuki beats estimates with 23% rise in June quarter profit [Mint, New Delhi]
Amazon.com Inc.' s local unit has launched its global Prime membership programme in more than 100 cities in the country, offering one-day and two-day delivery on lakhs of products for a fixed price of Rs.499 initially, as the company seeks to retain more customers and boost sales. Ltd will initially offer a free trial period of 60 days on Prime. Thereafter, for a limited period, the company will charge a discounted annual subscription fee of Rs.499,..."/>
Amazon Prime launched in 100 cities in India; videos yet to arrive [Mint, New Delhi]
Reliance Infrastructure Ltd which supply electricity in Mumbai. Maharashtra energy minister Chandrashekhar Bawankule made this announcement in the legislative assembly. He said instructions for the CAG audit of these two private power utilities would be issued on Wednesday."/>
Maharashtra govt orders CAG audit of Tata Power, Reliance Infra [Mint, New Delhi]
Bajaj Auto Ltd's net profit for the June quarter rose 2.1%, missing analysts estimates, on weak exports and input cost pressures. Net profit at the maker of Pulsar and Avenger bikes increased to Rs.978 crore in the three months ended 30 June from Rs.957 crore a year ago, the company said in a statement on Wednesday. Total income rose 3.5% to Rs.6, 088 crore over Rs.5, 881.24 crore last year."/>
BRIEF: Bajaj Auto Q1 profit rises 2% to Rs978 crore [Mint, New Delhi]

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