Industry News

Dollar Tree store will open in Selah next week. The grand opening for the 9,500- square-foot store is planned for July 7, the Chesapeake, Va. retailer said in a news release today. The store at 405 N. Wenas Road is located in a new development from Yakima's Hogback Development Co. An O'Reilly Auto Parts is also under construction at the same 17,000- square-foot building."/>
BRIEF: Dollar Tree to open in Selah [Yakima Herald-Republic, Wash.]
Dick's Sporting Goods was the high bidder on 31 Sports Authority leases across the U.S., including the one in Bellingham. Sports Authority is in bankruptcy court and closing stores across the country, with the Bellingham store expected to close in August."/>
Dick's Sporting Goods may open store in Bellingham [The Bellingham Herald (Bellingham, Wash.)]
Carmike Cinemas, Inc. has adjourned a special meeting of shareholders until 15 June at the request of AMC Theatres, which has agreed to buy the company, Carmike said. In a statement, AMC Entertainment said it remains committed to the proposed transaction but said that the deal is currently at considerable risk. AMC said that "loose price talk by some in the market" about a potential transaction with Carmike has been unrealistically oversaid."/>
Carmike Cinemas Adjourns Special Meeting/Merger Vote Until July 15
Chicago Tribune Rex Huppke column [Chicago Tribune]
Chicago Tribune Phil Rosenthal column [Chicago Tribune]
Blink Inc. comes to Fashion Island [The Orange County Register]
UQM Technologies, maker of electronic vehicular propulsion systems, has sold a controlling interest in the company to a Hong Kong firm, Hybrid Kinetic Group. HKG, which develops and manufactures batteries and hybrid and electric vehicles, will buy 66.5 million shares of newly issued stock at 72 cents per share, generating $48 million. The purchased shares represent a majority 58 percent of stock."/>
Longmont's UQM sells majority share to Hong Kong firm [Daily Camera, Boulder, Colo.]
Century Casinos Inc. has acquired the Apex Casino in St. Albert, Alberta, for $12.3 million, its second casino in the Edmonton area. The transaction is subject to regulatory approvals and due diligence by the Colorado Springs-based casino operator, which also owns a casino and racetrack in Calgary, an off-track betting network, casinos in Cripple Creek and Central City, two-thirds of nine casinos in Poland and 12 casinos aboard cruise ships."/>
BRIEF: Century snags Edmonton casino [The Gazette (Colorado Springs, Colo.)]
Carnival Corporation's Cuba cruise will get an extra shot of Cuban flavor, the cruise company announced Wednesday, thanks to cultural updates that will bring a local Havana shop on board and additional programming on the island's history. "We have been listening to our travelers and creating new experiences on board based on their feedback to facilitate rich immersion and to provide more robust insight into the culture and people of Cuba," said Tara Russell, president of..."/>
Carnival adding more Cuban sazón to activities on Cuba cruise [The Miami Herald]
East Bay Times Troy Wolverton column [East Bay Times]
Mercury News Troy Wolverton column [Mercury News]
San Diego economy slips in May [The San Diego Union-Tribune]
Diamond Resorts International, Inc. has entered into an agreement and plan of merger with affiliates of certain funds managed by affiliates of US-based alternative asset manager Apollo Global Management, LLC under which the Apollo Funds will acquire Diamond Resorts for USD 30.25 per share or approximately USD 2.2 bn, the company said. The all-cash offer represents a premium of approximately 26% over Diamond Resorts' closing share price..."/>
Diamond Resorts International Agrees to USD 2.2bn Apollo Buyout
Dick's Sporting Goods Inc. won an auction for rival Sports Authority Holdings Inc.' s brand name and other intellectual property, as well as the right to take over 31 store leases. The Findlay-based sporting goods retailer agreed to pay $15 million for the intellectual property and $8 million for the stores, according to a regulatory filing Thursday. The bids still need to be approved by the U.S."/>
Dick's wins bankruptcy auction for Sports Authority brand, 31 stores [The Pittsburgh Tribune-Review]
AMC Entertainment's $1.1 billion purchase of rival Carmike Cinemas is "now at considerable risk," AMC's chief executive Adam Aron said Thursday. The Leawood-based owner of AMC Theaters said it asked Carmike to adjourn its Thursday shareholders meeting at which shareholders were to vote on the buyout offer until July 15.. Carmike said in a statement that it convened the shareholder meeting and adjourned it until July 15 at AMC's request."/>
AMC says its Carmike deal "now at considerable risk" [The Kansas City Star]
Charter Communications' swallowing of Time Warner Cable, rules outlawing fast-lane internet tollways and a zombie TV show all have in common? They're all landmarks in a constantly consolidating, evermore crucial communications landscape being remade regularly by fast-changing technology. Together, they represent a blending of industries angling for the business of lighting up your TV, your tablet, your phone and the gee-whiz gadget of the near future."/>
Kansas City is a rare market of broadband competition in a fast-consolidating world [The Kansas City Star]

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
Financials729 Articles
Consumer Discretionary660 Articles
Information Technology645 Articles
Industrials480 Articles
Health Care374 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 bwwebmaster@businessweek.com.