Industry News

CASBAA Thailand in View 2016: Coexistence in a Crowded Market
Navistar reported a net loss of $34 million Thursday morning, just days after the company announced German automaker Volkswagen plans to invest $256 million and purchase a roughly 17- percent stake in the truckmaker. Analysts and company officials attributed the third quarter loss in part to soft demand in the truck market. "This quarter's results show that we continue to make progress in the face of tougher market conditions, particularly in the heavy segment," said..."/>
Springfield truckmaker reports $34M third-quarter loss [Dayton Daily News, Ohio]
Marriott knows what it means to be a true football fanatic– you eat, sleep and breathe the game year-long, non-stop. In its sixth year as an NFL partner, Marriott International is providing travelers with unrivaled opportunities to express their passion for the game and get in on the action. From Courtyard's Super Bowl stadium sleepover, unforgettable stadium tailgates, and once-in-a-lifetime experiences that can be redeemed by using earned..."/>
Marriott Kicks Off Sixth Year of NFL Partnership, Ensuring Guests Can EAT, SLEEP, and BREATHE Football This Season
Boston Pizza Royalties Income Fund announced today a cash distribution to unitholders of 11.5 cents per unit for August 2016. The distribution will be payable to unitholders of record at the close of business on September 21, 2016 and will be paid on September 30, 2016. The Fund periodically reviews distribution levels based on its policy of stable and sustainable distribution flow to unitholders. The trustees of the Fund have approved..."/>
Boston Pizza Royalties Income Fund Announces August 2016 Distribution
Duluth Holdings reported net income of $3.6 million, or 11 cents a share, on revenue of $65.8 million for the three months that ended July 31 compared with net income of $5.7 million, or 24 cents a share, on revenue of $51.7 million for the same period last year."/>
Profits slip for Duluth Trading's parent company [The Wisconsin State Journal]
POYDRAS GAMING FINANCE CORP., a leading provider of gaming machines to casino operators in its core markets of Oklahoma and Texas, today announced that it has completed the early redemption and cancellation of its 11.0% Convertible Debentures on September 5, 2016. Pursuant to the Company's announcement on August 2, 2016, Debentures in the amount of US $7,732,000 were redeemed and cancelled at a price equal to approximately US $1,020 per US $1,000..."/>
Poydras Gaming Finance Corp. Announces Completion of Early Redemption of 11.0% Convertible Debentures
Duke Energy CEO and chairman Lynn Good has moved up two notches, to 11th place, in Fortune's annual list of the most powerful women. Good became Duke's chief executive and president in mid-2013, taking over one of the largest U.S. electric utilities in a male-dominated industry. Good first made the list in 2013, at 16th, and moved to 13th the next two years."/>
BRIEF: Duke Energy CEO moves up Fortune's "most powerful women" list [The Charlotte Observer]
El Pollo Loco Holdings Inc. will replace American Science& Engineering Inc. in the S&P SmallCap 600 after the close of trading on Monday, September 12. S&P SmallCap 600 constituent OSI Systems Inc. is acquiring American Science& Engineering in a deal expected to be completed soon pending final approvals. El Pollo Loco Holdings develops, franchises, licenses, and operates quick-service restaurants."/>
El Pollo Loco Holdings Set to Join the S&P SmallCap 600
Rite Aid. In an announcement today, operator Walgreens Boots Alliance Inc. said it would have to divest between 500 and 1,000 stores in order to win regulatory approval for its planned acquisition of Rite Aid. Walgreens earlier said it would sell less than 500 stores in order to buy the smaller drug-store chain."/>
Walgreens shedding up to 1,000 stores as part of Rite Aid deal [Alabama Media Group, Birmingham]
Potbelly Corporation announced today that its Board of Directors has authorized a new share repurchase program for up to $30 million of the Company’ s common stock. The Company’ s previous $35 million share repurchase program, authorized in September 2015, was completed in July 2016. The timing and volume of share repurchases will be determined by the Company's management based on its ongoing assessments of the capital needs of the business, the market..."/>
Potbelly Corporation Announces New $30 Million Share Repurchase Program
Apple has launched its next generation of iPhones--iPhone 7 and 7 Plus, a new family of smartwatches and Apple wireless AirPods, in a bid to stem a slide in profits. For, the US-based technology giant is facing pressure from markets like China and India, where sales are slowing. The Cupertino-headquartered company's products launched on Wednesday feature several new facilities and upgrade, but it would be better to go for second thoughts before pre-ordering any such..."/>
Read the fine print: What Apple didn't tell you at its launch event [Hindustan Times, New Delhi]
Mahindra and Mahindra and taxi aggregator Ola are entering into a strategic alliance that will offer an integrated package of Mahindra vehicles, finance, insurance and other services to Ola's driver partners, the two companies announced here onThursday. Through the alliance, M&M and Ola aim for vehicle sales and financing of over Rs 2,600 crore. "Ola's driver partners can now avail of an integrated and attractive Mahindra-Ola..."/>
Mahindra & Mahindra ties up with Ola in India [Hindustan Times, New Delhi]
Lakeland Industries, Inc., a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, will release its financial results for the fiscal 2017 second quarter ended July 31, 2016, on Wednesday September 14, 2016, after the close of the stock market and will conduct a conference call thereafter on the same day at 4:30 p.m. eastern. The call will be hosted by..."/>
Lakeland Industries to Report Fiscal 2017 Second Quarter Financial Results and Conduct Conference Call
Carnival Triumph for the first-ever "Read& Rise" literacy day to celebrate their reading achievements as winners of the school's summer reading challenge. The event was created in collaboration with Carnival Cruise Line, New Orleans Saints and Scholastic Book Fairs and was hosted by former Saints player Deuce McAllister..."/>
Carnival Cruise Line, New Orleans Saints And Scholastic Book Fairs Team Up To Honor Students With 'Read & Rise' Literacy Event Aboard Carnival Triumph In New Orleans
JRjr33, Inc., doing business as JRJR Networks today announced that the Company is scheduled to present at the Annual Aegis Growth Conference. John P. Rochon, Chief Executive Officer is scheduled to present on Thursday September 22, 2016 at the conference to be held at The Encore at Wynn Las Vegas at 10:30 AM Pacific. In addition to the presentation, management will be attending one-on-one meetings with attendees throughout the conference."/>
JRJR Networks To Present At 2016 Aegis Growth Conference On September 22 In Las Vegas
Sky joins HEVC Advance

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