Industry News

Autoliv AB, a provider of automotive safety systems, on Friday reported net income of USD148.4m, or EPS of USD1.68, for the second quarter 2016, ended 30 June 2016.. This was an 8.5% increase over net income of USD136.8m, or an 8.4% increase over EPS of USD1.55, in Q2 of the prior year. Net sales for the quarter were USD2, 578.5 m, up by 12.5% as compared with USD2, 291.5 m in Q2 2015."/>
Autoliv’s net income up by 8.5% in Q2 2016
Autoliv AB, a provider of automotive safety systems, on Friday reported net income of USD148.4m, or EPS of USD1.68, for the second quarter 2016, ended 30 June 2016.. This was an 8.5% increase over net income of USD136.8m, or an 8.4% increase over EPS of USD1.55, in Q2 of the prior year. Net sales for the quarter were USD2, 578.5 m, up by 12.5% as compared with USD2, 291.5 m in Q2 2015."/>
Autoliv’s net income up by 8.5% in Q2 2016
G-III Apparel Group revealed on Monday that it has entered into a definitive agreement to acquire Donna Karan International Inc from LVMH Mot Hennessy Louis Vuitton for an enterprise value of USD650m. Donna Karan International Inc is the parent of the Donna Karan and DKNY brands and is owned by LVMH. This transaction is expected to close in late 2016 or early 2017 that is subject to customary adjustments at closing."/>
G-III to buy Donna Karan International for USD650m
Univision, the largest Spanish-language TV network in the world, had acquired a majority stake in The Onion, many who glanced at the headline assumed it was just another of the popular website's satirical essays. But anyone who had been paying attention to what Univision Communications Inc. had been doing over the past two years knew the news was no joke. Since launching the English-language TV network and website Fusion in 2013..."/>
At Univision, Fusion forges ahead to court millennials [The Miami Herald]
TOYOTA GAZOO Racing WRC makes a promising start
Tower International Inc reported on Friday that its board of directors authorised a common stock cash dividend of USD0.10 per share. All shareholders of record on 10 August 2016 will receive the dividend payment on 9 September 2016.. Tower manufactures and sells engineered automotive structural metal components and assemblies original equipment manufacturers and operates through two segments, the Americas and International."/>
Tower International announces dividend of USD0.10 per share for quarter
G-III Apparel Group, Ltd. announced that it will host a conference call to discuss the acquisition of Donna Karan International at 8:00 a.m. ET today, July 25, 2016, followed by a question and answer session for the investment community. A live webcast of the call can be accessed at ir.g-iii.com in the“ Events& Presentations” section. To access the call, dial toll-free 1-888-515-2235 or 1-719-457-2604."/>
G-III Apparel Group Announces Conference Call to Discuss the Acquisition of Donna Karan International
G-III Apparel Group, Ltd., a leading designer, manufacturer and marketer of branded apparel and accessories, and LVMH Moët Hennessy Louis Vuitton, the world’ s leading high quality products group, today announced that they have entered into a definitive agreement under which G-III will acquire Donna Karan International, Inc., parent of the Donna Karan and DKNY brands and owned by LVMH, in a transaction with an enterprise value of $650 million, subject to customary..."/>
G-III to Acquire Donna Karan International from LVMH
G-III Apparel Group, Ltd., a leading designer, manufacturer and marketer of branded apparel and accessories, and LVMH Moët Hennessy Louis Vuitton, the world’ s leading high quality products group, today announced that they have entered into a definitive agreement under which G-III will acquire Donna Karan International, Inc., parent of the Donna Karan and DKNY brands and owned by LVMH, in a transaction with an enterprise value of $650 million, subject to customary..."/>
G-III to Acquire Donna Karan International from LVMH
Ford Motor Co. has vetoed an earlier decision of its Indian unit to participate in a consortium that was to create a supplier base for critical hybrid and electric vehicle parts, dealing a blow to India's plans to boost electric vehicle production. Ford India will now have to withdraw from the programme, said three people familiar with the matter, all of whom requested anonymity. "The direction that has come from the headquarters suggests that the programme is..."/>
Ford India exits electric vehicle consortium [Mint, New Delhi]
Should you look at alternative loans? [Mint, New Delhi]
Univision, the largest Spanish-language TV network in the world, had acquired a majority stake in The Onion, many who glanced at the headline assumed it was just another of the popular website's satirical essays. But anyone who had been paying attention to what Univision Communications Inc. had been doing over the past two years knew the news was no joke. Since launching the English-language TV network and website Fusion in 2013..."/>
At Univision, Fusion forges ahead to court millenials [The Miami Herald]
Race to Forget
China Creative Global Holdings Limited, a leading manufacturer of branded electric fireplaces, air purifiers and home decor products in the PRC today launched new product-Allen fresh air system. Fresh air system is an open circulatory system, a new form of indoor ventilation that enables consumers to breathe fresh and clean air of high quality indoors. Chinese fresh air system market is witnessing a rapid growth now. The gross sales of fresh air system in..."/>
China Creative Global Holdings Launched New Product-Fresh Air System To Further Expand Air Purifiers Business

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