Industry News

T Rowe Price Group Inc. has reduced the value of its stake in Flipkart Ltd by a fifth, its second cut in four months, reflecting continued investor concerns over the valuations of technology start-ups. The move came ahead of a statement by Flipkart on Friday that it was cutting 300 to 600 additional jobs, after already shrinking its workforce to 30,000 from 33,000 at the start of the year to reduce costs. US-based T. Rowe Price lowered the value..."/>
Flipkart valuation shrinks again; firm reveals job cuts [Mint, New Delhi]
Ruth's Hospitality Group reported Friday. Revenues for the fine dining restaurant chain gained 1.7 percent compared to a year ago to $92.7 million, but net income fell by $608,000 to $6.9 million. "Simply put, we faced slower revenue growth and higher year-over-year labor costs," said CEO and chairman Michael P. O'Donnell in a call with investors."/>
Ruth's Chris growth slows, revenue slips [Orlando Sentinel]
DENSO Corporation today announced its global financial results for the first quarter ending June 30, 2016 for fiscal year ending March 31, 2017:. Consolidated revenue totaled 1,092.8 billion yen, an 1.2 percent decrease from the previous year. Consolidated operating profit totaled 67.2 billion yen, a 22.5 percent decrease from the previous year. Consolidated profit attributable to owners of the parent company totaled 46.1 billion yen, a..."/>
DENSO Announces First-quarter Financial Results
Johnson Controls, Inc. today announced that Adient, the automotive seating and interiors business that it plans to spin off in October, will have Barb J. Samardzich join Adient's board of directors after its separation from Johnson Controls. Samardzich, has served as vice president and chief operating officer of Ford of Europe since November 2013 and recently announced her retirement from Ford effective October 1, 2016."/>
Johnson Controls announces addition of Barb J. Samardzich to Adient's board of directors
Thomson Reuters."/>
Ford's second-quarter earnings fell 9% to $2 billion [Detroit Free Press]
Johnson Controls today announced key elements of the financing strategy for Adient, the automotive seating and interiors business that it plans to spin-off on October 31, 2016.. Adient intends to offer, subject to market and other conditions, approximately $2.0 billion aggregate principal amount of dollar-denominated unsecured Notes due 2026 and euro-denominated unsecured Notes due 2024, through a private offering exempt from the..."/>
Adient Announces $2.0 Billion Private Placement of USD and EUR Senior Notes and Closing of Credit Facilities
Century Casinos, Inc. announced today that the company will release its earnings for the second quarter of 2016 on Friday, August 5, 2016.. On Friday, August 5, 2016, Century Casinos will host its Q2 2016 Earnings Conference Call at 8:00 a.m. MDT. Participants are advised to dial in 15 minutes in advance."/>
Century Casinos Announces Date of Second Quarter 2016 Earnings Release and Conference Call
Century Casinos, Inc. announced today that the company will release its earnings for the second quarter of 2016 on Friday, August 5, 2016.. On Friday, August 5, 2016, Century Casinos will host its Q2 2016 Earnings Conference Call at 8:00 a.m. MDT. Participants are advised to dial in 15 minutes in advance."/>
Century Casinos Announces Date of Second Quarter 2016 Earnings Release and Conference Call
Red Rock Resorts, Inc. today announced that the Company’ s Board of Directors has declared a cash dividend of $0.10 per Class A common share for the third quarter of 2016. The dividend will be payable on August 30, 2016 to all stockholders of record as of the close of business on August 15, 2016.. Prior to the payment of such dividend, Station Holdco LLC will make a cash distribution to all unit holders of record, including the Company, of $0.10 per unit for a total..."/>
Red Rock Resorts, Inc. Announces Quarterly Dividend
ReachLocal, Inc., a leader in powering online marketing for local businesses, today reported financial results for the second quarter of 2016.. On June 27, 2016, Gannett Co., Inc. and ReachLocal, Inc. announced the execution of a definitive merger agreement and on July 11, 2016, Gannett launched a cash tender offer for all of the Company’ s outstanding stock at $4.60 per share. The tender offer will be open until August 5, 2016 unless earlier..."/>
ReachLocal Reports Second Quarter 2016 Results
Diamond Resorts International, Inc. will issue a press release to report its results for the second quarter ended June 30, 2016 on August 1, 2016. Due to the planned merger with Apollo Global Management, the Company will not host a conference call for its second quarter financial results. About Diamond Resorts International ®."/>
Diamond Resorts International Announces Second Quarter 2016 Earnings Release Date
ATA Inc., a leading provider of advanced testing technologies and testing-related services in China, today announced that it will release its financial results for the fiscal first quarter ended June 30, 2016, after the close of the stock market on Thursday, August 11, 2016. The Company will discuss those results in a conference call at 8 a.m. ET on Friday, August 12, 2016.. Participant Dial-in Numbers U.S.& Canada: +1 339-2688 International: +1 847-3007..."/>
ATA Schedules Fiscal 2017 First Quarter Results Release for August 11, 2016, Conference Call on August 12, 2016, at 8 a.m. ET
UQM Technologies to present its latest PowerPhase ® DT electric drivetrain with transmission partners EATON and Pi Innovo for heavy-duty vehicles, an ideal solution for advanced vehicles with heavy-duty drive cycles.. LONGMONT, Colo.---- UQM TECHNOLOGIES, INC. will participate in the HTUF annual meeting on August 1, 2016 in Novi, Michigan,..."/>
UQM Technologies to Present at the 2016 High-Efficiency Truck Users Forum (HTUF) National Meeting
Cheesecake Factory’ s New Chocolate Hazelnut Crunch Cheesecake. This Smart News Release features multimedia. View the full release here:"/>
Today and Tomorrow The Cheesecake Factory Offers Any Slice for Half Price in Celebration of National Cheesecake Day
Ralph Lauren Corporation and the United States Olympic Committee today unveiled both the groundbreaking new apparel concept for Team USA’ s flag bearer, which will light the way for American athletes entering Maracanã Stadium on Aug. 5, and the official Opening Ceremony parade uniform. Polo Ralph Lauren’ s 2016 Team USA Opening Ceremony parade uniform is fresh and sporty, with classic elements, and..."/>
Polo Ralph Lauren, U.S. Olympic Committee Unveil Revolutionary Concept for the 2016 U.S. Olympic and Paralympic Flag Bearers and the Opening Ceremony Parade Uniform
AAM Reports Second Quarter 2016 Financial Results
Skullcandy, Inc., which creates world-class audio experiences through its Skullcandy ® and Astro Gaming ® brands, announced that, on July 28, 2016, its Board of Directors, after consultation with its outside legal counsel and financial advisors, determined that the proposal, dated July 28, 2016, from Mill Road Capital Management LLC to acquire Skullcandy for $6.05 per share in cash constitutes a“ Superior Proposal” as defined in Skullcandy’ s..."/>
Skullcandy Board of Directors Determines Proposal from Mill Road Capital Management is Superior to Incipio Transaction
Williams-Sonoma is launching a sweepstakes for a trip for two to the country’ s Basque region. The winner and a guest will embark on an exclusive culinary adventure including interactive cooking classes, dining experiences at Michelin-starred restaurants and visits to rustic wineries in..."/>
Hovnanian Enterprises, Inc. announced today that its wholly-owned subsidiary, K. Hovnanian Enterprises, Inc., has commenced a tender offer to purchase for cash any and all of its 8.625% Senior Notes due 2017 on the terms and subject to the conditions set forth in an Offer to Purchase and Consent Solicitation Statement, dated July 29, 2016, and in the related Letter of Transmittal and Consent. Concurrently with the Tender Offer, and on the terms and subject to..."/>
K. Hovnanian Enterprises, Inc. Announces Tender Offer and Consent Solicitation and New Financing Transactions
Iconix Brand Group, Inc., plans to report its second quarter ended June 30, 2016 financial results after the close of market on Thursday, August 4, 2016.. A conference call to discuss the financial results will be held at 4:30 PM ET that same day. The call can be accessed on the Company's website at"/>
Iconix Brand Group To Announce Second Quarter 2016 Financial Results On August 4, 2016

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