Industry News

Hindustan Unilever Ltd, India's largest consumer packaged goods company by sales, has decided to shutter its coffee retail chain Bru World Cafés five years after launching it. "We have decided to close our Bru World Cafés," a company spokesperson confirmed in an email on Monday, adding that the cafe chain was launched to enable the brand to have a deeper consumer engagement. "These learnings have helped us to bring more consumer-relevant innovations, which has..."/>
Five years after launch, HUL shuts down Bru World Cafe chain [Mint, New Delhi]
ShopClues plans quiet Diwali in profits push [Mint, New Delhi]
Perry Ellis International Inc., is a mix of American sportswear and contemporary fashion, airport officials said."/>
BRIEF: Original Penguin store opens in Miami airport [Sun Sentinel]
Carnival Corp.& PLC had higher-than-expected earnings during this third quarter, aided partly by higher ticket prices and lower fuel costs. On Monday, the world's largest cruise operator announced it generated profit of $1.4 billion, or $1.93 cents a share, in the fiscal quarter ending Aug. 31. That compared with profit of $1.2 billion, or $1.56 cents a share, in the same period in 2015.."/>
Carnival Corp. posts $1.4 billion profit in third quarter [Sun Sentinel]
Thor Industries reported record sales and earnings for the fourth quarter and fiscal year ending July 31.. The Elkhart-based recreational vehicle company's sales for the fourth quarter were a record $1.29 billion, up from $1.06 billion in the fourth quarter last year. Net income from continuing operations for the fourth quarter was $82.8 million, up 20 percent from $69 million in the prior-year fourth quarter."/>
Thor reports record fourth-quarter sales [South Bend Tribune, Ind.]
Microsoft brought out a high-tech version of "work smarter, not harder" on Monday, pitching a slate of next-generation software tools designed to help businesses better use their technology. In a demonstration here, Microsoft showed how, if it deployed all the computing power of its global network of server farms, it could translate all 3 billion words in the English language Wikipedia in less than a tenth of a second. The company also showed off tools that might be of..."/>
Microsoft touts its smarter security tools [The Seattle Times]
McDonald's restaurants in the Bloomington-Normal area since 1989, plan to retire in early 2017 and sell the business. The couple operates 10 restaurants-- eight in Bloomington-Normal, and single operations in McLean and Gibson City. A sale of those businesses is expected to be finalized in January 2017, they said in statement released Monday afternoon."/>
Dobskis retiring from McDonald's business, to sell franchise [The Pantagraph, Bloomington, Ill.]
Tanger Factory Outlet Centers Inc. have declined requests for comment ahead of the hiring event, company officials have previously stated that the Daytona Beach outlet mall would create at least 800 jobs. The 39- acre, 10- building, 350,000-..."/>
TANGER TIME: Outlet mall nears completion; job fair Wednesday [The News-Journal, Daytona Beach, Fla.]
Michael Kors and Steel City Pops. Anna Cate, a locally-owned fashion jewelry shop, is also opening a 1,500- square-foot store next to Kona Grill, which debuts in October."/>
4 new businesses coming to Bridge Street in Huntsville by late 2016 [Alabama Media Group, Birmingham]
Job fair set this week [Merced Sun-Star (Merced, Calif.)]

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Most Popular Sectors in the News
Sectors Articles in the last 7 days
Information Technology498 Articles
Consumer Discretionary482 Articles
Industrials296 Articles
Financials282 Articles
Health Care263 Articles

Sponsored Financial Commentaries

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact , please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at