Industry News

Domino's Pizza, the recognized world leader in pizza delivery and digital ordering platforms, wants to encourage everyone to vote on Nov. 8. After performing your civic duty, reward yourself with dinner while watching the results of this historic election. Democrat, Republican, Independent… the results are anyone's guess."/>
Domino's® Presidential Election Prediction? Pizza Wins!
Best Buy Co. Inc., GameStop Corp., Conns Inc., and Arrow Electronics Inc.. On Wednesday, October 05, 2016, the Institute of Supply Management said that its non-manufacturing activity index surged to a reading of 57.1, which is the highest level since October 2015."/>
Services Stocks Under Scanner -- Best Buy, GameStop, Conns, and Arrow Electronics
Nova LifeStyle, Inc., a U.S.-based, leading innovative designer, manufacturer and distributor of modern life style furniture, today announced that Mr. Ya Ming“ Jeffrey” Wong has resigned as Chief Executive Officer in order to pursue other opportunities. Wong’ s primary responsibilities at the Company was to operate and oversee manufacturing facilities and business in mainland China."/>
Nova LifeStyle Announces Leadership Change
Nord Anglia Education, Inc., the world's leading premium schools organization, today announced its starting student enrollment for the 2016/ 2017 academic year, an update on its China dual curriculum strategy, and its initial outlook for fiscal 2017 Revenue, Adjusted EBITDA, Adjusted Net Income and Adjusted Diluted EPS. Andrew Fitzmaurice, CEO of Nord Anglia Education, commented, "We are very pleased with our starting student enrollment for 2016/..."/>
Nord Anglia Education Announces Starting Student Enrollment, Update On China Dual Curriculum Strategy, And Initial Outlook For Fiscal 2017
PICO Holdings, Inc. announced today that on October 7, 2016, its Mendell Energy group of companies closed on the sale of a majority of their oil and gas assets, consisting of certain oil and gas lease interests and producing wells in the Wattenberg Field, Colorado, for gross proceeds of $10.2 million. The effective date of the transaction was October 1, 2016. The purchase and sale agreement for these oil and gas assets provides for a Company guarantee to the..."/>
PICO Holdings, Inc. Announces the Sale of a Majority of Its Oil & Gas Assets
Conn's, Inc., today announced that it has entered into an agreement to sell the Class C Notes issued under the securitization transaction announced on March 21, 2016, with closing expected on or about October 12, 2016.. The face amount of the Class C notes to be sold is approximately $70.5 million. Conn's will receive upfront proceeds with respect to those notes of approximately $71.5 million, net of transaction costs."/>
Conn's, Inc. Announces Sale of Class C Notes from March 2016 Securitization Transaction
Ball Corp., Crown Holdings Inc., Packaging Corp. of America, and Mohawk Industries Inc.. These equities belong to the Consumer Goods sector, which was underwater in late trade on Friday, October 07, 2016."/>
Research Reports Coverage on Consumer Goods Stocks -- Ball, Crown, Packaging Corp. of America, and Mohawk Industries
Best foot forward [Bangkok Post, Thailand]
TAL Education Group, a leading K-12 after-school tutoring services provider in China, today announced the promotion of Mr. Yunfeng Bai to serve as the President of the Company, effective on October 10, 2016, and the appointment of Mr. Yan Huang as the Chief Technology Officer of the Company, effective on October 10, 2016.."/>
TAL Education Group Announces Management Appointments
Yadea Group Holdings Ltd., the leading electric two-wheeled vehicle brand in China, and Lightning Motors Corporation from the U.S. make their debut at the 1st FIA Formula E HKT Hong Kong ePrix. As the most eye-catching racing feast of the year, the two-day FE which kicks off on the Central Harbourfront on Oct. 08 is the biggest motorsport event ever held in Hong Kong. As the only electric two-wheeled vehicle manufacturer invited to participate by FE in the world,..."/>
Yadea Manufactures the World's Fastest Motorcycle in Joint Hands with Lightning
Tata Motors Ltd as part of a major organizational restructuring, two people familiar with the plans said. Wagh, senior vice-president of project planning and programme management, will pursue margin expansion as part of managing director and chief executive Guenter Butschek's efforts to make Tata Motors future-ready, these people said, asking not to be identified. Margin expansion is one of the..."/>
Guenter Butschek recasts Tata Motors to boost margins, efficiency [Mint, New Delhi]
Look beyond freebies when buying a house [Mint, New Delhi]
SAP SE completed the acquisition of Altiscale Inc.--a provider of Big Data as-a-Service. The news came close on the heels of data management and analytics company Cloudera Inc. and data and communication services provider CenturyLink Inc. jointly announcing BDaaS services. Another BDaaS vendor, Qubole Inc., said it would offer a big data service solution for the Oracle Cloud Platform."/>
Big Data on the cloud makes economic sense [Mint, New Delhi]
Shoppers Stop Ltd, Titan Co. Ltd and Bata India Ltd struggled in the June quarter as customers held on to their wallets. For instance, Shoppers Stop's 5.5% like-to-like sales growth for the firm's department stores was hardly inspiring. LTL growth--a measure of the sales increase at stores that have been open for at least a year--would have been more disappointing if it weren't for advancing the discount sale period by three days."/>
Retail: firms struggle with weak demand [Mint, New Delhi]

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