Industry News

Fincera Inc., a leading provider of web-based financing and ecommerce services for small and medium-sized businesses and individuals in China, today announced that the Company has entered into an agreement to purchase the remaining portions of the Kai Yuan Finance Center building that it does not already own. The remaining property, which consists of 30 floors and an underground parking garage, totals over 119,000 square meters, and houses the..."/>
Fincera Announces Purchase of Remaining Kai Yuan Finance Center Building Space
Fox Factory Holding Corp., today announced the closing of the previously announced secondary public offering of 4,025,000 shares of the Company's common stock by its existing stockholders, including Compass Group Diversified Holdings LLC, to BofA Merrill Lynch at a price to the public of $18.00 per share. The aggregate shares sold include 525,000 shares in connection with the exercise in full of the Underwriter’ s option to purchase..."/>
Fox Factory Holding Corp. Announces Closing of Secondary Public Offering
Kingold Jewelry, Inc., one of China's leading manufacturers and designers of high quality 24- karat gold jewelry, ornaments and investment-oriented products, today announced its financial results for the second quarter and six months ended June 30, 2016.. 2016 Second Quarter Financial Highlights. Net sales were $390.3 million, an increase of 56.5% from $249.4 million Processed 20.3 metric tons of 24- karat gold products during the..."/>
Kingold Jewelry Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2016
Tix Corporation, a leading provider of discount ticketing services, is pleased to announce the results of two proposals voted on by stockholders at today's annual meeting of stockholders, held at Sportsmen's Lodge Events Center, 12833 Ventura Boulevard, Studio City, California 91604.. Proposal 1 relating to election of directors- Stockholders elected all five board nominees to serve until next year's annual meeting of stockholders."/>
Tix Corporation Announces Annual Meeting Results
BrightPath Early Learning Inc., a leading Canadian provider of high-quality, comprehensive early childhood education and care, with 6,124 spaces of licensed capacity within 56 centres located in Alberta, British Columbia and Ontario, announced today its operational and financial results for the three and six months ended June 30, 2016.. Financial performance highlights for the quarter ended June 30, 2016 are as follows:. Revenue increased 14.0% to a..."/>
Continued Success of New Centre Openings Contributes to 14% Increase in Revenue in Second Quarter 2016
McDonald's faced a similar challenge when rolling out a new fruit smoothie. It took the chain more than two years to find and grow enough mangoes to supply its 14,000 U.S. restaurants."/>
Burgers, fries and blackberries? Fast-food fruit is years in the making [Chicago Tribune]
Dick's Sporting Goods Inc. left the company after a year on the job. In a regulatory filing Friday, the Findlay-based sporting goods retailer disclosed that Teri List-Stoll was no longer its CFO, and that she would be replaced on an interim basis by COO Andre Hawaux. The company gave no reason for her departure and did not return calls and emails seeking further information."/>
Dick's Sporting Goods CFO out after a year [The Pittsburgh Tribune-Review]
"FCA Replay" Wraps the Week
Cogeco Communications Inc. announces today that Louise St-Pierre has decided to retire as President and Chief Executive Officer of Cogeco Connexion. Effective September 1, 2016, Ken Smithard, Vice President, Performance, Organizational Efficiency and Information Technology, will become President of Cogeco Connexion. St-Pierre will remain in an advisory role until November 30, 2016, to ensure a smooth leadership transition."/>
Cogeco Communications Inc. Announces an Internal Leadership Succession at Cogeco Connexion, its Canadian Broadband Subsidiary
Macy's plans to close 100 stores around the country, but whether the Macy's department store in the Valley River Center in Eugene is on the chopping block remains unclear. "The locations of the 100 stores to be closed will be announced at a later date, once the company makes final decisions," Macy's said in a news release Thursday. The planned closures come as part of an effort to improve the quality of Macy's stores, as well as its website and cellphone app,..."/>
Macy's to shutter 100 stores; it's unclear if Eugene's will be among them [The Register-Guard, Eugene, Ore.]
Comcast suspected he had something to say. "This will be our most economically successful Games in history," Lazarus proclaimed. He announced that NBC had sold $30 million of additional advertising since the Olympics began-- on top of the already record-breaking $1.2 billion total before the flame was..."/>
NBC Sports exec fires back at critics of Olympics TV ratings [The Philadelphia Inquirer]
Macy's-- a name well known to generations outside of New York for its Thanksgiving Day parade-- has only been part of Connecticut's retailing landscape for a decade. But the store's roots in Connecticut-- through a series of corporate mergers-- run deep in the state to one of the most beloved department stores: G. Fox& Co., or simply, Fox's, as many shoppers called it. On Thursday, Macy's said it would close 100 stores nationwide to boost profitability and concentrate on its digital..."/>
Macy's, Closing 100 Stores Nationwide, Has Roots In Connecticut [The Hartford Courant]

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