Industry News

Bassett Furniture Industries, Inc. announced today its results of operations for its fiscal quarter ended August 27, 2016.. Fiscal 2016 Third Quarter Highlights. Consolidated sales were $104.7 million for the third quarter of 2016 compared to $111.0 million for the third quarter of 2015, a decrease of 5.7%. Operating income for the quarter was $7.5 million or 7.2% of sales as compared to $7.7 million or 6.9% of sales for the prior year quarter. Wholesale..."/>
Bassett Announces Fiscal Third Quarter Results
International Speedway Corporation today announced that Executive Vice President, Chief Financial Officer and Treasurer Daniel W. Houser will retire effective November 30, 2016. Houser will be succeeded by Gregory S. Motto effective December 1, 2016. Motto currently serves as the Company’ s Vice President, Finance and Accounting and Controller.."/>
International Speedway Corporation Announces Chief Financial Officer Retirement
Big Lots announced today the launch of its national point-of-sale campaign to support Nationwide Children's Hospital. Building on the success of last year's campaign, which raised $2.2 million dollars, Big Lots will again collect donations to help kids everywhere. Beginning Sept. 29th, Big Lots will offer customers opportunities to donate at its 1,445 store..."/>
Big Lots And Its Customers Rally To Support Nationwide Children's Hospital
Daily Mail, London, market report column [Daily Mail, London]
Viacom Inc. today announced that its board of directors has received a letter from National Amusements requesting that it explore a potential combination of Viacom and CBS. The Company noted that National Amusements communicated that it is not willing to accept or support any acquisition of Viacom by a third party or any transaction that would result in National Amusements surrendering its controlling position in Viacom. National Amusements, directly and through..."/>
Viacom Announces Receipt of Letter from National Amusements
Apple, recently fined pounds sterling 12 bn over alleged tax avoidance, or Europe's two biggest stock markets Deutsche Boerse and the London Stock Exchange. Over the next four months the EU will examine whether the unwanted..."/>
Daily Mail, London, Alex Brummer column [Daily Mail, London]
American Eagle Outfitters today announced that Bob Madore has been appointed Executive Vice President and Chief Financial Officer, reporting to Chief Executive Officer, Jay Schottenstein, effective October 28, 2016.. In this role, Bob will oversee all aspects of Finance, Merchandise Planning and Allocation and Investor Relations. Bob joins AEO as a seasoned retail executive with extensive public company financial and operational experience, most recently as..."/>
American Eagle Outfitters Names Bob Madore EVP, Chief Financial Officer
Choice Hotels International, Inc. announced today new parental leave and caretaking benefits, placing it in a leadership position in the lodging industry. "At Choice, we know how difficult it can be to achieve work/life balance and we are committed to providing our valued employees with the support they need. The time we each have to spend with our loved ones is never enough, and I'm proud that our company plans to give us all a little more of it."/>
Choice Hotels Announces Expanded Parental Leave and Caretaking Benefits
BorgWarner supplies its advanced diesel cold-start system with ceramic glow plugs and glow plug control module for SsangYong's new 1.6- liter and 2.2- liter DTX engines. Featuring BorgWarner's fast-heating diesel cold-start technology, the glow plugs help optimize combustion for several vehicles from leading South Korean automaker SsangYong, including the all-new compact Tivoli SUV as well as the Korando and Korando Sport."/>
BorgWarner Equips New Diesel Engines From SsangYong With Ceramic Glow Plugs And Glow Plug Control Modules
Enercare Inc., one of Canada's largest home and commercial services and energy solutions companies, has been honoured by HRM Canada, a leading human resources publication, with the Accompass Award for HR Team of the Year. The prize, which is awarded annually to an organization with 500 or more employees in Canada, recognizes Enercare's high..."/>
Enercare honoured for HR excellence with the Accompass Award for HR Team of the Year
DICK'S Sporting Goods, the largest U.S.-based, full-line omni-channel sporting goods retailer announced today its commitment to extend its support of Team USA and its athletes as the Official Sporting Goods Retail Sponsor through the 2018 Olympic and Paralympic Winter Games in PyeongChang, South Korea. The renewed partnership includes a continuation of the Company's in-store employment Contenders Program, which provided flexible..."/>
DICK'S Sporting Goods Extends Team USA Partnership And Employment Program Through 2018 Olympic And Paralympic Winter Games
Viacom’ s voting stock, today announced that it has asked the boards of CBS and Viacom to consider a potential combination of the companies. A copy of the text of the letter transmitted today to the respective boards is set forth below.. We believe that a combination of CBS and Viacom might offer substantial synergies that would allow the combined company to respond even more aggressively and effectively to..."/>
National Amusements, Inc. Proposes Combination of CBS and Viacom

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