Industry News

J.C. Penney names Marvin R. Ellison as chairman
Autoliv, Inc.– the worldwide leader in automotive safety systems– reported consolidated sales of $2,579 million. Quarterly organic sales* grew by 7.7%."/>
Autoliv: Financial Report April - June 2016
Dana Holding Corp. hit investors with two surprises Thursday: better-than-expected earnings that sent shares soaring more than 10 percent and an upcoming name change that will see the Maumee company return to the moniker similar to what it used prior to its messy 2006 bankruptcy. The automotive parts maker said it generated a $53 million profit in the second quarter on sales of $1.55 billion. Both figures were slightly off last year's pace, when the company had a $59..."/>
Dana Holding Corp. tells investors of name change [The Blade, Toledo, Ohio]
Sears store at West Towne would be downsized to make room for a Dave& Buster's. In addition, the Sears Automotive Center at West Towne would be replaced by restaurants with three new buildings nearby for either restaurant or retail use."/>
Games, movies and beer part of projects at West Towne and East Towne malls [The Wisconsin State Journal]
Nexstar Broadcasting Group, Inc. announced today that its Board of Directors declared a quarterly cash dividend of $0.24 per share of its Class A common stock. The dividend is payable on Friday, August 26, 2016, to shareholders of record on Friday, August 12, 2016.. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion."/>
Nexstar Broadcasting Group Declares Quarterly Cash Dividend of $0.24 Per Share
VF Corporation today reported financial results for its second quarter ended July 2, 2016. All per share amounts are presented on a diluted basis."/>
VF Reports Second Quarter 2016 Results
Penske Automotive Group, Inc., an international transportation services company, announced today that thirteen of its dealerships have been named by Automotive News as among the Best 100 Dealerships to Work For 2016 in the United States. The award winning dealerships are:. Acura of Fayetteville, Fayetteville, Arkansas– www.acuraoffayetteville.com Audi Mentor, Mentor, Ohio– www.audimentor.com Central Florida Toyota, Orlando,..."/>
Penske Automotive Group Dealerships Named Best To Work For
Whirlpool Corporation announced today second-quarter GAAP net earnings of $320 million, or $4.15 per diluted share, compared to $177 million, or $2.21 per diluted share, reported for the same prior-year period. Ongoing business earnings per diluted share totaled $3.50 compared to $2.70 in the same prior-year period. "We delivered another quarter of record earnings and margin expansion while overcoming challenges in several key..."/>
Whirlpool Corporation Reports Record Second-Quarter 2016 Results
Thule Group AB on Thursday reported net income of SEK308m, or EPS before dilution of SEK3.05, for the second quarter of 2016, from April 2016 to June 2016.. This was in comparison with net income of SEK278m, or EPS before dilution of SEK2.78, in Q2 of 2015.. Net sales for the quarter amounted to SEK1, 795 m, up by 6.3% as compared with SEK1, 689 m in Q2 of 2015."/>
Thule Group posts net income of SEK308m in Q2 2016
Thule Group AB on Thursday reported net income of SEK308m, or EPS before dilution of SEK3.05, for the second quarter of 2016, from April 2016 to June 2016.. This was in comparison with net income of SEK278m, or EPS before dilution of SEK2.78, in Q2 of 2015.. Net sales for the quarter amounted to SEK1, 795 m, up by 6.3% as compared with SEK1, 689 m in Q2 of 2015."/>
Thule Group posts net income of SEK308m in Q2 2016
China Lodging Group, Limited, a leading and fast-growing multi-brand hotel group in China, today announced that it is scheduled to release unaudited financial results for the second quarter ended June 30, 2016 before the US market opens on August 16, 2016.. The earnings release will be available on the Company’ s investor relations website at http://ir.huazhu.com/releases. cfm. China Lodging Group’ s management will host a conference call at 8 a.m."/>
China Lodging Group, Limited Schedules Second Quarter 2016 Earnings Release on August 16, 2016
Starbucks executives on Thursday blamed everything from faulty business moves to global uncertainty for what they called "an anomaly" of a quarter in which sales growth slowed sharply both in the U.S. and worldwide. Sales at stores open at least a year grew only 4 percent globally for the quarter ended June 26. That compares with 7 percent growth in the same quarter a year ago, and 6 percent in the previous quarter."/>
Starbucks' sales growth slows, though earnings meet forecast [The Seattle Times]
Carmike Cinemas. Friday's protest is the idea of New York advocacy lawyer Richard Berman, who said his concerns stem from China-based Dalian Wanda Group's controlling ownership of AMC Entertainment Holdings, based in Leawood. Berman outlined his objections and concerns at www.chinaownsus.com."/>
AMC theater in Times Square will see protest over Carmike merger [The Kansas City Star]
Wynn Resorts casino could soon be getting its final approval after he backed changes to the permit for the $2.1 billion Everett project. Matthew Beaton, state Energy and Environmental Affairs secretary, said the final decision to approve the environmental permit-- which has been subject to an appeal by the city of Somerville-- rests directly with his Department of Environmental Protection commissioner, Martin Suuberg,..."/>
Environmental chief signals OK of Wynn permit [Boston Herald]
Dunkin' Brands Group Inc. reported weaker-than-expected second-quarter revenue yesterday, blaming in part franchisee price increases that resulted in less foot traffic at its Dunkin' Donuts and Baskin-Robbins restaurants. The Canton company's sales rose 2.3 percent to $216.3 million in the quarter ended June 25, missing the average analyst estimate of $219.9 million. "We think that pricing got ahead of itself because saw the minimum wage going up, and the natural..."/>
Price hikes ground Dunkin' Q2 revenue [Boston Herald]

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