Industry News

NEXT GROUP CLOSES ACQUISITION OF US TELECOMMUNICATIONS MARKETING BRAND TEL3. Miami, Florida-based telecommunications company Next Group Holdings, Inc. has closed the acquisition of the US-based telecom marketing brand Tel3, together with the assets and client database of Tel3, from NXGH CEO Arik Maimon, the company said."/>
M and A Navigator: Deal pipeline –12 August
Sizmek Inc., stated today that he is in strong opposition to the sale of Sizmek to an affiliate of Vector Capital announced Wednesday August 3, 2016. Alex Meruelo, together with Meruelo Investment Partners LLC and Alex Meruelo Living Trust beneficially own approx. 13.8% of the Company's outstanding shares of Common Stock. As disclosed in the Meruelo Parties' Schedule 13 D/A filed on August 4,..."/>
Sizmek Inc. Largest Shareholder Alex Meruelo Opposes Sale To Vector Capital
Sizmek Inc. has agreed that an affiliate of California-based technology-focused private equity firm Vector Capital will acquire all outstanding shares of Sizmek common stock for USD3.90 per share in an all-cash tender offer, the company said. Vector Capital, founded in 1997, is a San Francisco-based private equity firm that partners with management teams to transform and grow technology businesses."/>
Vector Capital to Acquire Ad Manager Sizmek in 122m Deal
Staples at 6330 Sunrise Blvd. in Citrus Heights recently, she quickly added: "But she's my only child. I'm willing to spend more to make sure she has all she needs. ""/>
Back-to-school shoppers starting earlier, spending more in 2016 [The Sacramento Bee]
Starbucks is one of the largest coffee companies in the world, and York County will soon serve as its largest distribution center in the world. The company formally announced its distribution expansion into a 1.2 million-square-foot warehouse at 1605 Bartlett Drive in East Manchester Township in a Thursday morning news release. Starbucks is expected to move into the new facility in mid-September, according to spokeswoman Linda Mills."/>
Starbucks making York its largest distribution center [The York Dispatch, Pa.]
Macy's stores in Michigan as the department store chain decides which 100 locations to close next year in its latest downsizing effort. All of the Michigan Macy's dodged the last round of closures early this year. But the size of this newest consolidation and the fact that Macy's says nearly all of the to-be-closed stores are currently profitable, suggests Michigan might not emerge unscathed this time."/>
19 Michigan Macy's stores face closure threat with latest announcement [Detroit Free Press]
Keg Royalties Income Fund today announced that its August 2016 distribution of $0.0918 per unit has been declared and is payable to unitholders of record as at August 21, 2016. The August 2016 distribution will be paid on August 31, 2016.. The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks..."/>
The Keg Royalties Income Fund Announces August 2016 Cash Distribution
Macy's on Thursday said it will close 100 more stores even as it reported better second-quarter results. The closures would represent 15 percent of its locations. It is not clear if any of Macy's six Palm Beach County stores will be impacted."/>
Macy's to close 100 stores, impact on Palm Beach County unknown [The Palm Beach Post, Fla.]
Canlan Ice Sports Corp. today reported its financial results for the second quarter ended June 30, 2016.. Q2 revenue of$­­ 18.2 million increased by $0.7 million or 4.0% compared to 2015; Q2 EBITDA was $0.5 million compared to a break-even level in 2015; The Company refinanced all of its Canadian long– term debt at favourable terms to reduce borrowing cost and increase cash flow. HSBC Bank Canada provided Canlan with a $48.5 million refinancing..."/>
Canlan Reports Strong Q2 EBITDA and Continues Dividend
Dick's Sporting Goods, but also has a variety of other retail and restaurants, including a Dave& Buster's, Panera Bread and Pie Five Pizza. A new structure of steel grows daily, which led us to ask: "What's that gonna be?""/>
What's that gonna be ... at Glade Parks in Euless? [Fort Worth Star-Telegram]
GVIC Communications Corp. reported cash flow, earnings and revenue for the period ended June 30, 2016.. The following results are presented on an adjusted basis to include the Company's share of its joint venture operations on a proportionate basis, because this is the basis on which management bases its operating decisions and performance. For a reconciliation to results in accordance with International Financial Reporting..."/>
GVIC Reports Second Quarter Results
Glacier Media Inc. reported cash flow, earnings and revenue for the period ended June 30, 2016.. The following results are presented on an adjusted basis to include the Company's share of its joint venture operations on a proportionate basis, because this is the basis on which management bases its operating decisions and performance. For a reconciliation to results in accordance with International Financial Reporting Standards, refer..."/>
Glacier Reports Second Quarter Results
Macy's plans to close about 100 stores nationwide in response to a trend of declining sales. The Cincinnati-based retailer broke the news Thursday in a media release that accompanied its second-quarter earnings report. One hundred stores comprise about 14 percent of the entire chain, which consists of 728 locations, including 675 larger "full-line" stores and 53 smaller stores."/>
Macy's to close 100 stores as way to improve the rest [Portland Press Herald, Maine]
Macy's will close about 15 percent of its stores in an attempt to compete with online shopping outlets and quell the downward spiral of its profits, company officials said on Thursday. Officials at the iconic department store did not announce which stores would be closing, but did say the closings will take place in early 2017."/>
Macy's to close 15 percent of stores; fate of area locations unclear [The Hour, Norwalk, Conn.]
FP Newspapers Inc. announces financial results for the quarter ended June 30, 2016. FPI is the successor to the business of the FP Newspapers Income Fund and owns securities entitling it to 49% of the distributable cash of FP Canadian Newspapers Limited Partnership. Second quarter operating results of FPI. During the second quarter of 2016 FPI recorded a non-cash write-down of $6.2 million in the carrying value of its investment in FPLP to reflect..."/>
FP Newspapers Inc. Reports Second Quarter 2016 Results
Macy's announced Thursday that it would be closing 100 of its stores early next year, which may impact the company's two locations in Durham. The company said Thursday it is launching a new strategy to re-create its store portfolio, resulting in a reduction of about 14 percent of its stores. Macy's officials said the locations of the 100 stores closing will be announced at a later date."/>
Macy's to close 100 stores [The Herald-Sun, Durham, N.C.]
Wizard World, Inc., the preeminent producer of Wizard World Comic Cons across North America, is proud to announce that legendary KISS frontman, bassist and rock icon, Gene Simmons will appear at Wizard World Richmond on September 10. Simmons will meet fans, sign autographs, take photographs and participate in a Q&A discussion from 9 a.m. to 12 p.m. at the Greater Richmond Convention Center, held September 9– 11.. This Smart News Release features multimedia."/>
Legendary Rock Icon and KISS Frontman Gene Simmons Announces Special Appearance at Wizard World Comic Con Richmond, VA, September 10th
Buffalo Wild Wings, Inc., will host a live webcast of its 2016 Analyst Day on Tuesday, August 16, 2016 in Denver, CO. Details for the webcast are as follows:. About the Company Buffalo Wild Wings, Inc., founded in 1982 and headquartered in Minneapolis, is a growing owner, operator and franchisor of Buffalo Wild Wings ® restaurants featuring a variety of boldly-flavored, made-to-order menu items including its namesake Buffalo, New York-style chicken wings."/>
Buffalo Wild Wings, Inc. Schedules Webcast of Its 2016 Analyst Day on August 16
Cinemark Holdings, Inc., a leader in the motion picture exhibition industry, announced plans to renovate and upgrade their Christiana 12& XD theatre at the Christiana Mall in Newark, Delaware. The renovations and improvements will include installing electric Luxury Lounger recliners in all 12 auditoriums, including the XD auditorium, and a broadening of its concession offerings. The work and upgrades for the theatre will be completed in the spring of 2017.."/>
Cinemark to Install Luxury Lounger Recliners at the Christiana Mall 12 & XD Theatre in Newark, DE

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