Industry News

Time Inc announced on Monday that it has won its labour dispute with the Newspaper Guild of New York CWA, LOCAL 31003. Reportedly, on 11 August 2016, Administrative Law Judge Raymond P. Green ruled that the company was within its rights to declare an impasse and impose its last, best and final offer back in November 2014.. In a 49- page opinion, Judge Green placed the blame squarely on the Guild describing how the Guild adopted a defensive strategy' to stretch out the negotiations for as..."/>
Time announces win of labour dispute with Guild
Home Depot ®, the world's largest home improvement retailer, today reported sales of $26.5 billion for the second quarter of fiscal 2016, a 6.6 percent increase from the second quarter of fiscal 2015. Comparable store sales for the second quarter of fiscal 2016 were positive 4.7 percent, and comp sales for U.S. stores were positive 5.4 percent. Net earnings for the second quarter of fiscal 2016 were $2.4 billion, or $1.97 per diluted share, compared with..."/>
The Home Depot Announces Second Quarter Results
Home Depot ®, the world's largest home improvement retailer, today reported sales of $26.5 billion for the second quarter of fiscal 2016, a 6.6 percent increase from the second quarter of fiscal 2015. Comparable store sales for the second quarter of fiscal 2016 were positive 4.7 percent, and comp sales for U.S. stores were positive 5.4 percent. Net earnings for the second quarter of fiscal 2016 were $2.4 billion, or $1.97 per diluted share,..."/>
The Home Depot Announces Second Quarter Results
Compass Diversified Holdings, an owner of middle market businesses, announced on Monday that on 12 August 2016, Fox Factory Holding Corp has closed on a secondary public offering of 4,025,000 shares of FOX common stock held by certain FOX stockholders, including CODI. CODI said it sold a total of 3,500,000 shares of FOX common stock in the secondary public offering for total net proceeds of approximately USD63m. Also, in connection with the offering, CODI's ownership in FOX was..."/>
Compass Diversified Holdings partly divests Fox Factory Holding Corp for USD63m
Economy 'immune' to blasts [Bangkok Post, Thailand]
Time Inc on Monday announced the appointment of Kevin Martinez as vice president, group sales director, InStyle and StyleWatch. In his new role, Marinez will report to Ron King, senior vice president, Fashion, Multicultural and Shelter of Time Inc. Martinez succeeds Patrick Connors, who has decided to leave the company to pursue new opportunities. Connors' last day was 24 August 2016.."/>
Time appoints Kevin Martinez as VP, group sales director
Clean Diesel Technologies stated on Monday that its net income was USD1.3m for the second quarter ended 30 June 2016.. This marks an improvement in earnings when compared to a net loss of USD2.4m, or USD0.81 per share in the second quarter of 2015.. Total revenue of USD8.4m were collected for the second quarter ended 30 June 2016, down over total revenues of USD9.9m."/>
CDTi swings to net income of USD1.3m in Q2 fiscal year 2016 from net loss in Q2 prior year
Tuniu Corporation, a leading online leisure travel company in China, today announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2016, before the market opens on August 23, 2016.. Tuniu's management will hold an earnings conference call at 8:00 am U.S. Eastern Time on August 23, 2016."/>
Tuniu to Report Second Quarter 2016 Financial Results on August 23, 2016
Puration, Inc. today announced the launch of Spanish Peaks ScrumpDelicacies' contest to name a new cannabis infused beverage. Three winners will be selected based on the social media response from the proposed names. Dream up any name you think will capture consumer's imagination."/>
Create Winning Cannabis Beverage Name and Win Year-Long Supply
Sycamore Entertainment Group, a leading innovator in hybrid film distribution, is pleased to announce that it has teamed up with 11 Capital Finance, The SoHo Loft Media Group andVictoria Global to create Hazelton Media Capital, a new crowd sourced media financing platform. The purpose of the platform is to introduce investors to risk mitigated film production and distribution financing opportunities sourced by Sycamore. 11 Capital Advisors will provide the..."/>
The SoHo Loft Media Group, 11 Capital Advisors and Sycamore Entertainment Group Inc. Team Up To Launch Hazleton Media Capital
Delta Galil Reports 2016 Second Quarter Results
Apple, Phillips 66. Warren Buffett's company is taking an even bigger bite of Apple stock and adding to its sizeable stake in Phillips 66.. Berkshire Hathaway filed an update with regulators yesterday on its roughly $130 billion U.S. stock portfolio."/>
Boston Herald The Ticker column [Boston Herald]
Oyo raises Rs413 crore from SoftBank [Mint, New Delhi]
Hero MotoCorp Ltd recently launched the "Hero Come Home Safe" campaign which features anxious family members across age groups waiting for their loved ones to return home safe. The minute-long spot, part of a corporate social responsibility initiative "Ride Safe India", aims to sensitize consumers by linking road safety to family bonds. Car maker Ford India Pvt."/>
Auto makers shift focus to safety in ad campaigns [Mint, New Delhi]
Orlando Sentinel Beth Kassab column [Orlando Sentinel]

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