Industry News

Microsoft and Amazon Web Services in the cloud marketplace in India by announcing that it plans to set up its first data centre in Mumbai by 2017-- a strategy that will help the company cater to a larger number of Indian developers and enterprise customers. It will help Google especially in the financial services industry since regulations in this sector do not permit data to be transmitted outside the country."/>
Google to launch first data centre in Mumbai to take on Microsoft, Amazon [Mint, New Delhi]
Navistar's Truck Specialty Center Bargaining Unit continued to negotiate with company officials as the unit's contract was set to expire just after midnight Friday. The current contract was scheduled to expire at 12:01 a.m. Saturday, according to information from the United Auto Workers Local 402, which is representing the unit in the negotiations. It was not clear whether the sides were close to reaching a deal late Friday, and company officials did not..."/>
Navistar Springfield union contract expires soon, talks ongoing [Springfield News-Sun, Ohio]
Comcast Corp. runs its business, according to the company's top technology guru. Scott Alcott, Comcast's chief technology officer and head of systems engineering nationwide, told a crowd of Duke City technology entrepreneurs and innovators that smart deployment of modern IT systems has helped transform the company's "core architecture," improving customer..."/>
Comcast pursues company-wide makeover with cutting-edge IT [Albuquerque Journal, N.M.]
Bon-Ton Stores Inc. on Wednesday said it plans to hire 13,000 seasonal associates for its stores for what it hopes will be a busy holiday season."/>
Bon-Ton to hire 13,000 for holiday season [The Morning Call (Allentown, Pa.)]
Nordstrom Rack store opens Friday at Coddingtown Mall, and if the lines from Thursday's preview party were any indication, it's sure to be packed. About 1,600 people swarmed the store Thursday afternoon for the party, lining up an hour early for the event that started at 4 p.m. Friday, the store opens its doors to the public for the first time, though a crowd is expected to gather well before then, said Lindsey Accornero, manager of the Nordstrom Rack store in..."/>
Nordstrom Rack opens Friday at Coddingtown Mall [The Press Democrat, Santa Rosa, Calif.]
New life for big vacancy downtown [The Modesto Bee]
AutoZone employees from around the world. It was the Memphis-based auto parts retailer's way of injecting a shot of wow into its 14th consecutive national sales meeting centered at Memphis Cook Convention Center."/>
AutoZone's national sales meeting highlights convention center push toward future [The Commercial Appeal, Memphis, Tenn.]
ID Watchdog, Inc., provider of consumer-facing identity theft protection and resolution services, announced today that it has entered in to a new $3.0 million credit facility with Silicon Valley Bank. The Facility will consist of up to a $2.5 million revolving credit facility and a $500,000 term loan. The Company intends to use proceeds from the Facility to repay the remaining promissory notes due November 22, 2017, which bear interest at 15% per annum,..."/>
ID Watchdog Enters into $3.0 million Credit Facility
ID Watchdog, Inc., provider of consumer-facing identity theft protection and resolution services, announced today that it has entered in to a new $3.0 million credit facility with Silicon Valley Bank. The Facility will consist of up to a $2.5 million revolving credit facility and a $500,000 term loan. The Company intends to use proceeds from the Facility to repay the remaining promissory notes due November 22, 2017, which bear interest at 15% per..."/>
ID Watchdog Enters into $3.0 million Credit Facility
Time Warner Cable is hiring 50 customer service representatives and field technicians in the Portland area to serve customers over the phone and in person, the company said Friday. Time Warner would not disclose salary ranges for the available positions. According to online employee survey website glassdoor.com, the typical Time Warner customer service rep earns $13 an hour, and the typical field technician earns $16 an hour."/>
BRIEF: Time Warner hiring 50 in Portland area [Portland Press Herald, Maine]
Rennova Health, a medical testing firm headquartered in West Palm Beach, remains the worst performer among local stocks. Shares have plunged 86 percent in the first nine months of the year."/>
3 THINGS TO KNOW: Local Company StocksWho's up, down through Q3 [The Palm Beach Post, Fla.]

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