Industry News

TJX Companies, Inc., the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, today announced the pricing of the public offering of $1.0 billion aggregate principal amount of notes due 2026. The notes will bear interest at a rate of 2.250% per annum, beginning September 12, 2016. The Company intends to use the net proceeds from the sale of the notes to redeem the Company’ s $375 million aggregate principal amount 6.950% notes due..."/>
The TJX Companies, Inc. Prices $1.0 Billion Notes Offering
Liberty Media Corporation and CVC Capital Partners announced today that Liberty Media has agreed to acquire Formula One, the iconic global motorsports business, from a consortium of sellers led by CVC."/>
Liberty Media Corporation Agrees to Acquire Formula One
Apple CEO Tim Cook took the stage in San Francisco to announce details about the forthcoming iPhone 7 and iPhone 7 Plus, Amazon seems to have launched its product page for the devices, confirming several speculated features of the new smartphones. Chief among those confirmations is the loss of the 3.5 mm headphone jack in Apple's flagship product."/>
BRIEF: Amazon spills the beans on iPhone 7 details, product page launches ahead of announcement [The Oregonian, Portland, Ore.]
Tailored Brands, Inc. today announced consolidated financial results for the fiscal second quarter ended July 30, 2016.. Second quarter 2016 GAAP diluted earnings per share were $0.51 and adjusted diluted EPS was $0.99 excluding certain items. "We are pleased to report a 2.9% comparable sales increase at Men's Wearhouse."/>
Tailored Brands, Inc. Reports Fiscal 2016 Second Quarter And Six Month Results
Gray Television, Inc. announced today that it has priced its previously announced offering of $525.0 million in aggregate principal amount of 5.125% senior notes due 2024 and $200.0 million in aggregate principal amount of additional 5.875% senior notes due 2026. The 2024 Notes were priced at 100% of par. The Additional 2026 Notes were priced at 103% of par plus accrued interest from and including June 14, 2016, resulting in an effective yield..."/>
Gray Television Announces Pricing Of $525.0 Million Of 5.125% Senior Notes Due 2024 And $200.0 Million Of Add-On Senior Notes Due 2026
Philadelphia Next Stop For Modine Innovation Tour
Pier 1 Imports, Inc. today announced preliminary sales and earnings per share data for the second quarter ended August 27, 2016.. Net sales for the second quarter decreased by approximately 6.7% compared to the same period a year ago. E-Commerce sales represented approximately 20% of net sales in the second quarter."/>
Pier 1 Imports, Inc. Reports Preliminary Second Quarter Fiscal 2017 Sales and Earnings Per Share
Pier 1 Imports, Inc. today announced the Board of Directors has mutually agreed with Alex W. Smith that he will step down as President, CEO and a member of the Board of Directors, effective December 31, 2016. The Board of Directors is executing its existing succession planning process and is working with Korn Ferry to conduct a search for a new CEO. Terry London, Chairman of Pier 1 Imports, stated,“ We greatly appreciate Alex’ s many years of leadership and considerable..."/>
Pier 1 Imports, Inc. Announces Management Transition, Inc., announced that preliminary vote totals substantiate that at the recently-concluded Annual Meeting of Stockholders held on September 2, 2016, stockholders elected all four of RIVC’ s nominees to the HEWA Board of Directors by a substantial margin over the incumbent..."/>
Rx Investor Value Slate of Stockholder-Nominated Directors Elected to Board of Directors at
CarMax, Inc. today announced details of its investor conference call to be conducted in conjunction with the release of sales and earnings for the second quarter ended August 31, 2016.. September 21, 2016– Second Quarter Fiscal Year 2017 Earnings Conference Call. On September 21, CarMax will release sales and earnings for the second quarter ended August 31, 2016, and will host a conference call for investors at 9:00 a.m."/>
CarMax Announces Conference Call and Webcast Information for Second Quarter Fiscal Year 2017 Results
Hovnanian Enterprises, Inc. announced today that its wholly-owned subsidiary’ s, K. Hovnanian Enterprises, Inc., previously announced tender offer to purchase for cash any and all of its 8.625% Senior Notes due 2017 and related solicitation of consents expired today at 8:30 a.m., New York City time. Notes tendered in the Tender Offer were less than 90% of the aggregate outstanding principal amount of Notes on July 29, 2016, which was a condition to the..."/>
K. Hovnanian Enterprises, Inc. Announces Expiration of Tender Offer and Related Consent Solicitation and Intended Redemption of Notes
Time Inc. has acquired online survey provider Bizrate Insights from California-based search platform company Connexity, Inc, the company said. Terms of the deal were not disclosed. Bizrate Insights will be integrated into Time Inc.' s Synapse Group, Inc., an affinity marketing subsidiary based in Stamford, Connecticut."/>
Time Acquires Online Survey Firm Bizrate Insights
Pinnacle Entertainment, Inc. announced today the Pennsylvania Gaming Control Board approved the Company’ s previously announced acquisition of the operations of the Meadows Racetrack and Casino from Gaming and Leisure Properties, Inc.. Today’ s approval by the PGCB represents the final regulatory clearance required to complete the transaction, following the earlier approval by the Pennsylvania Harness Racing Commission in August 2016."/>
Pinnacle Entertainment Receives Final Regulatory Approval Needed to Complete the Acquisition of the Operations of the Meadows Racetrack and Casino From Gaming & Leisure Properties, Inc.
West Marine, Inc. today announced that the Company has been invited to present at the 2016 Gateway Conference being held on September 7-8, 2016 at the Four Seasons Hotel San Francisco.. West Marine management is scheduled to present on Thursday, September 8, 2016 at 8:00 am Pacific Time. The presentation will be webcast live and available for replay in the Investor Relations section of West Marine’ s website at and on the..."/>
West Marine to Present at the 5th Annual Liolios Gateway Conference
Forward Industries, Inc., a designer and distributor of custom carry and protective solutions, today announced that they have signed a new 3 year agreement with a Global Healthcare provider to supply Global custom carry cases for their diabetic products through July 2019. The Company is an existing significant customer of Forward and the three year agreement provides a new framework on pricing and quantity.. Terry Wise, Chief Executive Officer..."/>
Forward Signs New Three Year Supplier Agreement With Global Healthcare Provider
DAVIDsTEA Inc. today announced financial results for the three months and six months ended July 30, 2016.. For the three months ended July 30, 2016:."/>
DAVIDsTEA Inc. Announces Second Quarter Fiscal 2016 Financial Results

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