Industry News

Verizon Communications Inc. and Yahoo! Inc. today announce they have entered into a definitive agreement under which Verizon will acquire Yahoo's operating business for approximately $4.83 billion in cash, subject to customary closing adjustments. Yahoo informs, connects and entertains a global audience of more than 1 billion monthly active users**-- including 600 million monthly active mobile users*** through..."/>
Verizon to acquire Yahoo's operating business
Garmin International Inc., a unit of Garmin Ltd., today announced FAA approval of the G5 electronic flight instrument in type-certificated fixed-wing general aviation aircraft. Installation approval is accomplished via supplemental type certificate with a comprehensive approved model list containing 562 aircraft models."/>
Garmin® introduces G5 electronic flight instrument for certificated aircraft
DHX Media kids' content, including Mighty Jungle, In the Night Garden, Bo on the GO! HALIFAX, July 25, 2016/ PRNewswire/- DHX Media, the world's leading independent, pure-play kids' content company, has licensed season one of its new animated comedy series Looped, exclusively for Amazon Prime members in the U.S to stream or download via the Amazon Video app for TVs, connected devices including Fire TV, mobile devices and online at..."/>
DHX Media and Amazon Prime strike U.S. exclusive on new animated kids' series, Looped
DHX Media kids' content, including Mighty Jungle, In the Night Garden, Bo on the GO! HALIFAX, July 25, 2016/ CNW/- DHX Media, the world's leading independent, pure-play kids' content company, has licensed season one of its new animated comedy series Looped, exclusively for Amazon Prime members in the U.S to stream or download via the Amazon Video app for TVs, connected devices including Fire TV, mobile devices and online at www.amazon.com/primevideo."/>
DHX Media and Amazon Prime strike U.S. exclusive on new animated kids' series, Looped
Del Taco Restaurants, Inc. today announced that it has increased from 6,750,000 to 7,750,000 the number of warrants subject to its previously announced offer to exchange 0.2780 shares of the Company’ s common stock for each outstanding Company warrant exercisable for Shares at an exercise price of $11.50 per Share. The Company also announced that the Offer to Exchange has been extended until 11:59 p.m., Eastern time, on August 8, 2016, unless further..."/>
Del Taco Announces Increase in Number of Warrants Subject to Warrant Tender Offer and Extension of Expiration Date
Carmike Cinemas, Inc. for $33.06 per share in cash and stock. The amended merger agreement represents AMC’ s“ best and final” offer."/>
AMC Theatres Makes Best and Final Offer to Acquire Carmike Cinemas for $33.06 Per Share in Cash and Stock
Carmike Cinemas, Inc. announced today that it has entered into an amended and restated merger agreement with AMC Theatres pursuant to which AMC will acquire all outstanding shares of Carmike in cash and stock."/>
Carmike Cinemas Announces Amended and Restated Merger Agreement with AMC Theatres
Nexstar Broadcasting Group Inc on Friday announced the declaration by its board of directors of a quarterly cash dividend of USD0.24 per share of its Class A common stock. This dividend is payable on 26 August 2016, to shareholders of record on 12 August 2016.. Nexstar Broadcasting, a diversified media company, owns, operates, programmes or provides sales and other services to 104 full power television stations reaching 62 markets."/>
Nexstar’s board declares USD0.24 per share quarterly cash dividend
Yahoo, agreeing to pay $4.8 billion for the troubled internet company. An official announcement is expected before the market opens Monday, according to multiple news outlets. The sale of the core internet business and some real estate caps five months of speculation about the fate of the once-mighty tech icon and highlights the dramatic fall of a company that had a market..."/>
Yahoo sold to Verizon for $4.8 billion [Mercury News]
Autoliv AB, a provider of automotive safety systems, on Friday reported net income of USD148.4m, or EPS of USD1.68, for the second quarter 2016, ended 30 June 2016.. This was an 8.5% increase over net income of USD136.8m, or an 8.4% increase over EPS of USD1.55, in Q2 of the prior year. Net sales for the quarter were USD2, 578.5 m, up by 12.5% as compared with USD2, 291.5 m in Q2 2015."/>
Autoliv’s net income up by 8.5% in Q2 2016
Autoliv AB, a provider of automotive safety systems, on Friday reported net income of USD148.4m, or EPS of USD1.68, for the second quarter 2016, ended 30 June 2016.. This was an 8.5% increase over net income of USD136.8m, or an 8.4% increase over EPS of USD1.55, in Q2 of the prior year. Net sales for the quarter were USD2, 578.5 m, up by 12.5% as compared with USD2, 291.5 m in Q2 2015."/>
Autoliv’s net income up by 8.5% in Q2 2016
G-III Apparel Group revealed on Monday that it has entered into a definitive agreement to acquire Donna Karan International Inc from LVMH Mot Hennessy Louis Vuitton for an enterprise value of USD650m. Donna Karan International Inc is the parent of the Donna Karan and DKNY brands and is owned by LVMH. This transaction is expected to close in late 2016 or early 2017 that is subject to customary adjustments at closing."/>
G-III to buy Donna Karan International for USD650m
Univision, the largest Spanish-language TV network in the world, had acquired a majority stake in The Onion, many who glanced at the headline assumed it was just another of the popular website's satirical essays. But anyone who had been paying attention to what Univision Communications Inc. had been doing over the past two years knew the news was no joke. Since launching the English-language TV network and website Fusion in 2013..."/>
At Univision, Fusion forges ahead to court millennials [The Miami Herald]
TOYOTA GAZOO Racing WRC makes a promising start
Tower International Inc reported on Friday that its board of directors authorised a common stock cash dividend of USD0.10 per share. All shareholders of record on 10 August 2016 will receive the dividend payment on 9 September 2016.. Tower manufactures and sells engineered automotive structural metal components and assemblies original equipment manufacturers and operates through two segments, the Americas and International."/>
Tower International announces dividend of USD0.10 per share for quarter
G-III Apparel Group, Ltd. announced that it will host a conference call to discuss the acquisition of Donna Karan International at 8:00 a.m. ET today, July 25, 2016, followed by a question and answer session for the investment community. A live webcast of the call can be accessed at ir.g-iii.com in the“ Events& Presentations” section. To access the call, dial toll-free 1-888-515-2235 or 1-719-457-2604."/>
G-III Apparel Group Announces Conference Call to Discuss the Acquisition of Donna Karan International
G-III Apparel Group, Ltd., a leading designer, manufacturer and marketer of branded apparel and accessories, and LVMH Moët Hennessy Louis Vuitton, the world’ s leading high quality products group, today announced that they have entered into a definitive agreement under which G-III will acquire Donna Karan International, Inc., parent of the Donna Karan and DKNY brands and owned by LVMH, in a transaction with an enterprise value of $650 million, subject to customary..."/>
G-III to Acquire Donna Karan International from LVMH
G-III Apparel Group, Ltd., a leading designer, manufacturer and marketer of branded apparel and accessories, and LVMH Moët Hennessy Louis Vuitton, the world’ s leading high quality products group, today announced that they have entered into a definitive agreement under which G-III will acquire Donna Karan International, Inc., parent of the Donna Karan and DKNY brands and owned by LVMH, in a transaction with an enterprise value of $650 million, subject to customary..."/>
G-III to Acquire Donna Karan International from LVMH
Ford Motor Co. has vetoed an earlier decision of its Indian unit to participate in a consortium that was to create a supplier base for critical hybrid and electric vehicle parts, dealing a blow to India's plans to boost electric vehicle production. Ford India will now have to withdraw from the programme, said three people familiar with the matter, all of whom requested anonymity. "The direction that has come from the headquarters suggests that the programme is..."/>
Ford India exits electric vehicle consortium [Mint, New Delhi]
Should you look at alternative loans? [Mint, New Delhi]

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