Industry News

Liberty Media Corporation announced today that it has closed its previously announced private offering of $444,614,000 aggregate principal amount of its 2.25% exchangeable senior debentures due 2046. Upon an exchange of debentures, Liberty, at its option, may deliver Time Warner Inc. common stock, cash or a combination of Time Warner common stock and cash. The number of shares of Time Warner common stock attributable to a debenture represents an initial..."/>
Liberty Media Closes Private Offering of $444,614,000 of 2.25% Exchangeable Senior Debentures Due 2046
Skullcandy, Inc. for $6.10 per share, paid to the seller in cash, without interest thereon, less any applicable withholding and transfer taxes. The tender offer, which was previously scheduled to expire at midnight EDT at the..."/>
Incipio Announces Extension of Tender Offer for Shares of Skullcandy
Fincera Inc., a leading provider of web-based financing and ecommerce services for small and medium-sized businesses and individuals in China, today announced that Mr. Yong Hui Li, Fincera's founder, Chairman and Chief Executive Officer, recently acquired 41,142 of Fincera's ordinary shares in a privately negotiated transaction for approximately $1.3 million. Because it is a foreign private issuer, Fincera's officers and directors are not..."/>
Fincera Announces 41,142-Share Purchase by Founding Shareholder
Rocky Brands, Inc. today provided an overview of the steps it is taking, in conjunction with third-party advisors, to maximize profitability, drive long-term revenue growth and maximize shareholder value. This range of activities include, among others, reducing expenses, reorganizing and refocusing its sales efforts, and increasing operating efficiencies. Management and the Board of Directors are in agreement to pursue operational and cost efficiencies."/>
Rocky Brands Outlines Shareholder Value Creation Efforts
Oxford Industries, Inc. will report its fiscal second quarter ended July 30, 2016 financial results on Wednesday, August 31, 2016 after the market close. The Company will also hold a conference call with senior management to discuss the financial results in detail at 4:30 p.m. ET.. A live webcast of the conference call will be available on the Company’ s website at"/>
Oxford to Release Second Quarter Fiscal 2016 Results on August 31, 2016
Ruby Tuesday restaurant at 69 W. Mercury Blvd. in Hampton has closed as part of the chain's shutdown of 95 locations nationwide by September. The Langley Square Shopping Center restaurant posted a sign on the door indicating the location was closed and for customers to visit the 60 Towne Centre Way location. District manager Keith Berger directed questions to Ruby Tuesday's corporate office, which did not respond to calls and messages by Tuesday evening."/>
Ruby Tuesday closes Hampton restaurant [Daily Press (Newport News, Va.)]
Five Below, Inc., the leading retailer of extreme-value merchandise for teens, pre-teens and beyond, today announced that its financial results for the second quarter of fiscal 2016 will be released after market close on Wednesday, August 31, 2016. The company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results.. Investors and analysts interested in participating in the call are invited to dial 888-208-1361..."/>
Five Below, Inc. Announces Second Quarter Fiscal 2016 Earnings Conference Call
American Eagle Outfitters, Inc. saw profit rise in the second quarter. The South Side teen clothing retailer reported earnings of $41.6 million during the quarter, up from $33.3 million during the same period last year. Earnings per share reached 23 cents, a 35 percent increase vs. a year ago."/>
BRIEF: Profits rise for American Eagle Outfitters [Pittsburgh Post-Gazette]
Tyco International plc today announced that its shareholders approved all matters related to the proposed merger with Johnson Controls at an extraordinary general meeting of shareholders held today in Dublin. Johnson Controls shareholders also voted to approve the merger at a special general meeting in Dallas today. "We are excited about combining the vast capabilities of Johnson Controls and Tyco to help customers improve their..."/>
Tyco Shareholders Approve Merger With Johnson Controls
Johnson Controls shareholders today have voted to approve the previously announced merger with Tyco. In a final count of the voting results, 97 percent of votes cast at a special meeting voted in favor of the transaction, representing over 81 percent of all outstanding Johnson Controls shares as of the record date. The final vote results will be filed on a Form 8- K with the Securities and Exchange Commission."/>
Johnson Controls shareholders approve merger with Tyco
BRP renews Can-Am NASCAR sponsorship
BRP renews Can-Am NASCAR sponsorship
Staples during its National Teacher Appreciation Day on Wednesday, Aug. 17.. The first 100 teachers at each store receive a free sample kit with coupons. Plus, all teachers with ID get 10 percent of purchases."/>
BRIEF: Freebies, savings during Teacher Appreciation Day at Staples on Wednesday [Sun Sentinel] Inc. to move into one of its warehouses along Route 33 in Northampton County said Wednesday construction is set to begin on a nearly 630,000- square-foot industrial facility in the same vicinity. Duke Realty Corp. of Indianapolis said construction of 33 Logistics Park 1611-- Duke's second of three planned for 33 Logistics Park-- is scheduled to begin next month and be completed in June. The warehouses either built or..."/>
Construction set for next Route 33 warehouse [The Morning Call (Allentown, Pa.)]
Buffalo Wild Wings Inc. on Wednesday urged the company's board to seek "fresh talent," citing worries about the way managers were spending money. Richard "Mick" McGuire, founder of Marcato Capital Management, said in a letter to directors that the Golden Valley-based company's growth objectives have become muddled and that executives appear to making decisions that aren't supported by data."/>
Activist investor seeks 'fresh talent' at Buffalo Wild Wings [Star Tribune (Minneapolis)]
American Eagle Outfitters Inc. posted a 25 percent jump in second quarter profit on stronger sales. The South Side-based teen apparel retailer had net income of $41.6 million, or 23 cents per share, in the period that ended July 30. That was up from $33.3 million, or 17 cents per share, in the same period a year ago."/>
BRIEF: Profit rises at American Eagle Outfitters [The Pittsburgh Tribune-Review]

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