Industry News

Gordmans Stores, Inc., an Omaha-based apparel and home décor retailer, today announced that it will release the results of its second quarter ended July 30, 2016 on Friday, August 19, 2016 at approximately 7:00 a.m. Eastern Time. At 11:00 a.m. Eastern Time that day, the Company will host a conference call to discuss these results and the webcast may be accessed at http://investor.gordmans.com/events. cfm. An audio replay of the webcast will be available at..."/>
Gordmans Stores, Inc. Announces Earnings Release Date and Webcast for Second Quarter Fiscal 2016 Financial Results
POYDRAS GAMING FINANCE CORP., a leading provider of gaming machines to casino operators in its core markets of Oklahoma and Texas, today announced that it has entered into a Membership Interest Purchase Agreement to purchase A&W Enterprises, LLC's remaining 50% interest in Aurora A&W Enterprises, LLC."/>
Poydras Gaming Finance Corp. Announces Purchase of Joint Venture Partner's Interest in Aurora A&W Joint Venture
Genius Brands International "GBI", a global content and brand management company dedicated to providing entertaining and enriching "content with a purpose" for toddlers to tweens, has signed a new licensing agreement with Kabillion ® to debut its hit, music-driven YouTube tween series SpacePOP today on Kabillion Girls Rule! ™,reaching more than 50 million U.S. households through multiple outlets, including Comcast, Time Warner, and Charter, among others...."/>
Genius Brands International's Hit, Music-Driven YouTube Tween Series SpacePOP to Debut on Kabillion Girls Rule!(TM) and Kid Genius Network Reaching a Combined 70 Million+ Audience
P&F Industries, Inc. today announced its results from continuing operations for the three and six-month periods ended June 30, 2016. P&F Industries, Inc. is reporting second quarter of 2016 revenue from continuing operations of $15,637,000, compared to $16,058,000, for the second quarter of 2015. For the six-month period ended June 30, 2016, the Company's revenue from continuing operations was $30,136,000, compared to $30,617,000,..."/>
P&F Industries Reports Results For The Three And Six-Month Periods Ended June 30, 2016
Hovnanian Enterprises, Inc. announced today that its wholly-owned subsidiary, K. Hovnanian Enterprises, Inc., has extended the early tender deadline by which holders of its 8.625% Senior Notes due 2017 must tender such Notes in K. Hovnanian’ s previously announced tender offer to purchase for cash any and all of the Notes and related solicitation of consents in order to receive the Total Consideration to the“ Expiration Time” for the Tender Offer and..."/>
K. Hovnanian Enterprises, Inc. Announces Extension of Early Tender Deadline
Nova LifeStyle, Inc., a U.S. based fast-growing, innovative designer, manufacturer and distributor of modern LifeStyle furniture, today announced financial results for the second quarter ended June 30, 2016.. Second Quarter 2016 Financial Highlights:. Second quarter Net Sales were $24.0 million, a decrease of 17.9% compared to $29.2 million in the prior year period. The year over year decline was the result of a 32% decrease in volume offset by a 22%..."/>
Nova LifeStyle Reports Second Quarter 2016 Financial Results
Amaya Inc. today announced the appointment of a Chief Executive Officer, reported financial results for the second quarter ended June 30, 2016 and provided a third quarter 2016 update. Unless otherwise noted, all dollar amounts are in U.S. dollars. Appointment of Chief Executive Officer."/>
Amaya Reports Second Quarter 2016 Results; Appoints Chief Executive Officer
Amaya Inc. today announced the appointment of a Chief Executive Officer, reported financial results for the second quarter ended June 30, 2016 and provided a third quarter 2016 update. Unless otherwise noted, all dollar amounts are in U.S. dollars. Appointment of Chief Executive Officer."/>
Amaya Reports Second Quarter 2016 Results; Appoints Chief Executive Officer
Liberty Media Corporation announced today that it has priced and agreed to sell to initial purchasers in a private offering $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..."/>
Liberty Media Prices Private Offering of $444,614,000 of 2.25% Exchangeable Senior Debentures due 2046
Acorn International, Inc., today announced its unaudited financial results for the second quarter ended June 30, 2016.. In the second quarter of 2016, Acorn's management continued to execute on its plan to reorganize and turn around the business. The year-over-year decline in revenue reflects the ongoing transition of the Company's business model."/>
Acorn International Reports Financial Results for the Second Quarter of 2016, Expands Share Repurchase Program
Macy's Inc. said Thursday it would shutter 100 stores, sending a jolt through shopping center operators such as Indianapolis-based Simon Property Group Inc. Shares of Simon tumbled 2 percent to $214.55. Macy's latest store-closing plan amounts to 15 percent of the chain's 675 department stores."/>
Macy's closings to leave prime vacancies for Simon, other mall owners [The Indianapolis Star]
Macy's Inc. will close 100 locations throughout the United States is hardly surprising to retail experts, who say online stores have undercut traditional modes of shopping and will do so for years. Consumers want the easiest shopping experience possible, they said, and brick-and-mortar stores like Macy's can't provide that. People would rather shop at home in their pajamas than wander through an endless maze of clothing."/>
Closure of 100 Macy's stores falls in line with shift to online shopping [The Indianapolis Star]
Yelp Inc. in a "strategic partnership" that will expand the Oakland-based software startup's reach to millions more customers. The San Francisco-based Yelp said over the coming months it planned to integrate Nowait's reservation platform with Yelp's mobile app, through which users can search and review restaurants. The partnership extends Nowait's reach to Yelp's 23 million mobile..."/>
Yelp invests $8M in Oakland-based restaurant reservation app Nowait [The Pittsburgh Tribune-Review]
Comcast to move faster in boosting internet speed."/>
Google pushes rivals to offer high-speed internet service [Mercury News]
China Online Education Group, a leading online education platform in China, with core expertise in English education, today announced that it will report its second quarter 2016 unaudited financial results, on Tuesday, August 23, 2016, before the open ing of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on August 23, 2016."/>
China Online Education Group to Report Second Quarter 2016 Financial Results on Tuesday, August 23, 2016
Staples, Inc. is hosting a special Teacher Appreciation Day across the country to help teachers save while they prepare for the new school year. The first 100 teachers at each Staples store on Teacher Appreciation Day, Wednesday, August 17, will receive a free sample kit with special coupons; plus every teacher with a valid teacher ID will receive 10% off of their purchase."/>
Staples Gives Teachers Even More Savings with Teacher Appreciation Day
Liberty Media Corporation announced on Thursday that it plans to issue senior debentures exchangeable for Time Warner Inc common stock in a private offering. These debentures will be exchangeable at the option of holders. Upon an exchange of debentures, Liberty, at its option, may deliver Time Warner common stock, cash or a combination of Time Warner common stock and cash."/>
Liberty Media Corporation proposes private offering of exchangeable senior debentures
MoneyTV with Donald Baillargeon, 8/12
Liberty Media Corporation announced on Thursday that it plans to issue senior debentures exchangeable for Time Warner Inc common stock in a private offering. These debentures will be exchangeable at the option of holders. Upon an exchange of debentures, Liberty, at its option, may deliver Time Warner common stock, cash or a combination of Time Warner common stock and cash."/>
Liberty Media Corporation proposes private offering of exchangeable senior debentures
Cinemark Holdings Inc on Friday declared plans to renovate and upgrade its Christiana 12& XD theatre at the Christiana Mall in Newark, Delaware. Accordingly, the company said it will install electric Luxury Lounger recliners in all 12 auditoriums, including the XD auditorium and broaden its concession offerings. The work and upgrades for the theatre will be completed in the spring of 2017.."/>
Cinemark announces upgrade for Christiana Mall 12 & XD Theatre in Newark, DE
Kohl's Corporation’s net income up by 8% in Q2 2016
Macy's Inc on Thursday reported net income attributable to company's shareholders of USD11m, or diluted EPS of USD0.03, for the second quarter of 2016, ended 30 July 2016.. This is in comapar4ison with net income attributable to the company's shareholders of USD217m, or diluted EPS of USD0.64, in the second quarter of 2015.. Sales for the quarter totalled USD5.866bn, down by 3.9% as compared with sales of USD6.104bn in Q2 of 2015."/>
Macy's posts net income of USD11m in Q2 2016; Reaffirms 2016 full year guidance

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