Industry News

Mahindra and Mahindra Ltd's share of the utility vehicles market plunged to 29% in the first four months of the current fiscal year, according to the Society of Indian Automobile Manufacturers, an..."/>
New models fail to reverse slide in Mahindra's market share [Mint, New Delhi]
Maruti Suzuki India Ltd until the market leader approved a so-called tall-boy design for its next-generation Alto, which will be introduced in 2018.. India's second largest car maker Hyundai Motor India Ltd too has started a project code-named AH, which aims to introduce a similar design at..."/>
Renault Kwid shakes up the big boys of India's small car market [Mint, New Delhi]
DLF Ltd's net profit more than doubled in the June quarter, compared with the corresponding period a year ago, owing to a one-time extraordinary gain from the sale of DT Cinemas. India's largest developer's net profit rose 107.6%, while revenue dropped 21.82% to Rs.1, 867.46 crore in the same period. During the June quarter, DLF concluded the DT Cinemas sale transaction to multiplex owner PVR Ltd, resulting in a one-time extraordinary gain of Rs.372..."/>
DLF Q1 profit doubles to Rs261.42 crore aided by sale of DT Cinemas [Mint, New Delhi]
Thor Industries is in the Big Apple today. Thor will be recognized for 30 years of common stock listings on the New York Stock Exchange when members of the company's management team perform the daily ringing of the bell. Peter B. Orthwein, Thor executive chairman, Bob Martin, Thor president and CEO, and other team members will ring the closing bell at 4 p.m."/>
Thor officials to ring closing bell for NY Stock Exchange Monday [The Elkhart Truth, Ind.]
SolarCity was one of the nation's hottest growth companies. The company, which plans to open the biggest solar panel factory in North America next year in South Buffalo, still is the nation's leading installer of residential rooftop solar energy systems, with a commanding market share equal to that of its 50 biggest competitors combined. But SolarCity, over the past year, has stumbled, with its growth slowing to more pedestrian levels, its losses swelling and..."/>
Regulatory headwinds slow SolarCity's growth [The Buffalo News, N.Y.]
Bojangles' restaurants in the Augusta area, announced his intentions in a legal advertisement required to obtain a license for beer and wine consumption on premises. "Notice is hereby given that Patrick Lan­ don with Your Pie intends to apply to the South..."/>
Your Pie pizza chain eyes North Augusta site [The Augusta Chronicle, Ga.]
Galaxy Gaming, Inc., announced today that it has successfully completed the closing of a new $10.5 million Term Loan that matures in August 2021.. The new $10.5 million Term Loan refinances the existing long-term debt outstanding which originated due to the 2011 asset purchase of Prime Table Games. The Term Loan was placed with Breakaway Capital Management, LLC an institutional lender and will include a six-month interest only period, then amortizing at..."/>
Galaxy Gaming Announces the Completion of a $10.5 Million Term Loan Which Refinances Existing Long-Term Debt
Sirius XM Canada Holdings Inc., the parent of SiriusXM Canada Inc., will hold its Special Meeting of Shareholders regarding the proposed go-private recapitalization transaction at 10:00 a.m. ET on Tuesday, August 30, 2016. The Special Meeting will be broadcast live via a webcast. Special Meeting of Shareholders Details. Sirius XM Canada Holdings Inc. operates as SiriusXM Canada."/>
SiriusXM Canada Special Meeting of Shareholders August 30, 2016
Fred's Inc. today announced that Chief Executive Officer Jerry A. Shore will retire from the Company in February 2017. The Board of Directors is pleased to name Michael K. Bloom Chief Executive Officer, effective immediately. Bloom, who joined Fred's as President and Chief Operating Officer in January 2015, has worked closely with Shore on building a strong management team to ensure a smooth and effective transition."/>
Michael Bloom Named CEO as Jerry Shore Sets Retirement Date
Comstock Holding Companies, Inc. announced today the closing of the acquisition of the Totten Mews Project, which is being funded by the proceeds from the private placement by Comstock Investors X, L.C., a subsidiary of the Company, of $14.5 million."/>
Comstock Holding Companies Announces New Project Equity Private Placement of $14.5 Million to Fund Two New Communities
Banc of California, a banking brand started in 2013 after the merger of several small institutions, is linking up with the Los Angeles Football Club."/>
7 reasons companies put their names on stadiums [The Orange County Register]
Intel and Apple jump in with their own reality TV shows, while a slew of YouTube and web-TV projects suss out the valley's zeitgeist."/>
Silicon Valley and Hollywood: What's behind their growing love fest [East Bay Times]
Cinemark Holdings, Inc., one of the largest motion picture exhibitors in the world, announced today that management will participate at the following institutional investor conferences in September 2016:. Thursday, September 8: Barrington Research Fall Conference in Chicago, IL. Sean Gamble, CFO 1- on-1 investor meetings."/>
Cinemark to Participate at Investor Conferences in September
Happy Tax CEO Issues Public Letter to H&R Block
Rakuten Marketing announced today availability of the Rakuten Marketing Digital Insights Report- Rakuten Marketing's latest research covering retail and consumer trends shaping the 2016 Back-to-School shopping season. Featuring Rakuten Marketing performance data, along with survey data from more than 1,200 parents and 400 retailers, the report provides advertisers, industry influencers and publishers with actionable..."/>
Rakuten Marketing Reports 2016 'Back-to-School' Retail & Consumer Shopping Trends
Amazon.com today announced plans to open a new fulfillment center in Monee, Ill. At the more than 850,000- square-foot facility, hundreds and hundreds of Amazon employees will pick, pack and ship small items to customers such as books, electronics and consumer goods. “We place our fulfillment centers close to customers to provide the fastest possible delivery times, and the growth in Illinois is directly tied to our increasing customer demand,” said Akash Chauhan, vice..."/>
Amazon to Open Fulfillment Center in Monee, Continuing Growth in Illinois

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