Industry News

Zee Entertainment Enterprises Ltd, which operates entertainment channels like Zee TV and Zee Cinema, on Thursday announced its foray into radio broadcasting space with the acquisition of UAE-based radio station' Hum 106.2'. ZEEL already operates satellite television channels like Zee Aflam and Zee Alwan in the UAE market. Hum 106.2, previously owned and operated by Shamal Media Services, is a UAE-based Hindi FM radio channel with a current market share of 26%."/>
Zee forays into radio, acquires UAE-based FM station [Mint, New Delhi]
Marriott Vacations Worldwide today announced it has been recognized by Aon Hewitt, the global talent, retirement and health solutions business of Aon plc, as a 2016 Aon Best Employer. The Aon Best Employers program measures and recognizes employer excellence worldwide. Marriott Vacations Worldwide has been recognized by the Aon Best Employers program in nine countries, including Australia, Aruba, France, Ireland, Spain, Thailand, the United..."/>
Marriott Vacations Worldwide Recognized as a 2016 Aon Hewitt Best Employer in Nine Countries
Bassett Furniture Industries, Inc. announced today its results of operations for its fiscal quarter ended August 27, 2016.. Fiscal 2016 Third Quarter Highlights. Consolidated sales were $104.7 million for the third quarter of 2016 compared to $111.0 million for the third quarter of 2015, a decrease of 5.7%. Operating income for the quarter was $7.5 million or 7.2% of sales as compared to $7.7 million or 6.9% of sales for the prior year quarter. Wholesale..."/>
Bassett Announces Fiscal Third Quarter Results
International Speedway Corporation today announced that Executive Vice President, Chief Financial Officer and Treasurer Daniel W. Houser will retire effective November 30, 2016. Houser will be succeeded by Gregory S. Motto effective December 1, 2016. Motto currently serves as the Company’ s Vice President, Finance and Accounting and Controller.."/>
International Speedway Corporation Announces Chief Financial Officer Retirement
Big Lots announced today the launch of its national point-of-sale campaign to support Nationwide Children's Hospital. Building on the success of last year's campaign, which raised $2.2 million dollars, Big Lots will again collect donations to help kids everywhere. Beginning Sept. 29th, Big Lots will offer customers opportunities to donate at its 1,445 store..."/>
Big Lots And Its Customers Rally To Support Nationwide Children's Hospital
Daily Mail, London, market report column [Daily Mail, London]
Viacom Inc. today announced that its board of directors has received a letter from National Amusements requesting that it explore a potential combination of Viacom and CBS. The Company noted that National Amusements communicated that it is not willing to accept or support any acquisition of Viacom by a third party or any transaction that would result in National Amusements surrendering its controlling position in Viacom. National Amusements, directly and through..."/>
Viacom Announces Receipt of Letter from National Amusements
Apple, recently fined pounds sterling 12 bn over alleged tax avoidance, or Europe's two biggest stock markets Deutsche Boerse and the London Stock Exchange. Over the next four months the EU will examine whether the unwanted..."/>
Daily Mail, London, Alex Brummer column [Daily Mail, London]
Choice Hotels International, Inc. announced today new parental leave and caretaking benefits, placing it in a leadership position in the lodging industry. "At Choice, we know how difficult it can be to achieve work/life balance and we are committed to providing our valued employees with the support they need. The time we each have to spend with our loved ones is never enough, and I'm proud that our company plans to give us all a little more of it."/>
Choice Hotels Announces Expanded Parental Leave and Caretaking Benefits
American Eagle Outfitters today announced that Bob Madore has been appointed Executive Vice President and Chief Financial Officer, reporting to Chief Executive Officer, Jay Schottenstein, effective October 28, 2016.. In this role, Bob will oversee all aspects of Finance, Merchandise Planning and Allocation and Investor Relations. Bob joins AEO as a seasoned retail executive with extensive public company financial and operational experience, most recently as..."/>
American Eagle Outfitters Names Bob Madore EVP, Chief Financial Officer
Viacom’ s voting stock, today announced that it has asked the boards of CBS and Viacom to consider a potential combination of the companies. A copy of the text of the letter transmitted today to the respective boards is set forth below.. We believe that a combination of CBS and Viacom might offer substantial synergies that would allow the combined company to respond even more aggressively and effectively to..."/>
National Amusements, Inc. Proposes Combination of CBS and Viacom

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