Industry News

Fairholme Fund owns 14 percent of Fannie Mae and Freddie Mac preferred stock-- is among a group of investors suing the U.S. government over the two government-backed mortgage insurance giants. Treasury Department illegally confiscated the companies' earnings after their bailout, gutting the firms when it was supposed to rehabilitate them and setting a dangerous..."/>
Without Freddie and Fannie, could 30-year mortgage be a thing of the past? [The Miami Herald]
M and A Navigator: Deal pipeline –5 August
AlarmForce Industries Inc. on April 27, 2016, George Christopolous received more votes withheld than votes in favour of his re-election as a director at the Company's annual meeting of shareholders held on April 26, 2016. In accordance with the Company's majority voting policy, Mr. Christopolous has submitted his resignation as a director of the Company effective August 4, 2016 and such resignation has been accepted."/>
Board Changes at AlarmForce
VF Corporation today announced that it received notice of an unsolicited“ mini-tender” offer by TRC Capital Corporation to purchase up to 2 million shares of VF common stock at a price of $59.75 per share in cash. The offering price is 4.29 percent below the closing price per share of VF common stock on July 29, 2016, the last trading day prior to the commencement of the offer. The offer is for approximately 0.48 percent of the outstanding shares of VF common stock."/>
VF Corporation Recommends Shareholders Reject “Mini-Tender” Offer by TRC Capital Corporation
McDonald's improvements back to the drawing board. Both projects are within the boundaries of the Ramona Village Center Form-Based Code, adopted two years ago to promote a walkable, viable community by requiring that businesses do not place parking lots in front and architectural elements complement the rural..."/>
Board finds proposed buildings too industrial [The San Diego Union-Tribune]
Biglari Holdings Inc. announces its results for the second quarter and first six months of 2016.. Biglari Holdings Inc.' s earnings for the second quarter and first six months of 2016 and 2015 are summarized below. To become fully apprised of our results, shareholders should carefully study our 10- Q, which has been posted at www.biglariholdings.com."/>
Biglari Holdings Inc. News Release
Johnson Controls today announced that Adient, the automotive seating and interiors business that it plans to spin-off on October 31, 2016, has priced $900 million aggregate principal amount of 4.875% dollar-denominated unsecured Notes due 2026 and €1 billion aggregate principal amount of 3.50% euro-denominated unsecured Notes due 2024, in a private offering exempt from the registration requirements of the Securities Act of 1933,..."/>
Adient Announces Pricing of Approximately $2.0 Billion Private Placement of USD and EUR Senior Notes
Liberty Tax CEO John Hewitt has volunteered to referee any would-be tax return showdown between billionaire Warren Buffett and Republican presidential candidate Donald Trump. Hewitt said in a press release this week that he would also personally donate $1 million to each man's charity of choice if it happens."/>
Liberty Tax CEO volunteers to referee Buffett-Trump tax return rumble [The Virginian-Pilot]
Diamond Resorts International, Inc. concerning possible violations of federal securities laws. If you purchased or otherwise acquired Diamond shares and would like more information regarding the investigation, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you."/>
INVESTOR NOTICE: Goldberg Law PC Announces an Investigation of Claims Against Diamond Resorts International, Inc. and Advises Investors With Losses to Contact the Firm
Microsoft this year they had found preliminary evidence of gender-based discrimination at the company, according to court papers filed this week in a gender-discrimination lawsuit. In the filing in U.S. District Court in Seattle, Kelly Dermody, an attorney for three women suing Microsoft for alleged gender discrimination, said the federal agency issued "notice of violation" documents to Microsoft in May and June."/>
Feds find clues of gender bias at Microsoft, court filing says [The Seattle Times]
Sears Hometown and Outlet Stores, Inc. opened its newest Missouri Sears Hometown Store on August 4 inside the Table Rock True Value at 12622 State Hwy 13 in Kimberling City.. The Kimberling City location marks the 8th opening of a new Sears Hometown Store this year and the 8th opening of a new store across all of Sears Hometown and Outlet Stores formats. Unlike most retail concepts, Sears Hometown Stores combine the value, selection and services..."/>
Kimberling City Community Welcomes New Sears Hometown Store
Comcast is waiving early termination fees and stopped billing for residential and business customers whose service was affected by the flood that washed through Ellicott City Saturday night. The announcement and an apology to customers came after one business, Park Ridge Trading Co., took to Facebook Thursday to lash out against a $600 termination fee the company said Comcast was charging to disconnect service that had been wiped out in the flood."/>
BRIEF: Comcast waives termination fees, stops billing for customers affected by Ellicott City flood [The Baltimore Sun]
ONE Group Hospitality, Inc. today announced that it will host a conference call to discuss second quarter 2016 financial results on Monday, August 15 at 5:00 PM Eastern Time. Hosting the call will be Jonathan Segal, Chief Executive Officer, and Sam Goldfinger, Chief Financial Officer. A press release containing the second quarter 2016 financial results will be issued after market close Monday, August 15, 2016.."/>
The ONE Group Hospitality, Inc to Host Fiscal 2016 Second Quarter Earnings Conference Call at 5:00 PM ET on August 15, 2016
Postmedia Network Canada Corp. announced today that the Ontario Superior Court of Justice has issued an interim order authorizing, among other things, the holding of the following meetings: a meeting of holders of the 8.25% senior secured notes issued by Postmedia Network Inc. due August 2017; a meeting of holders of the 12.50% senior secured notes issued by PNI due July 2018; and a meeting of holders of the Company’ s Class C voting shares and Class NC variable voting..."/>
Postmedia Obtains Interim Order and Announces Meeting Details in Connection with its Recapitalization Transaction

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