Industry News

Thule Group AB on Thursday reported net income of SEK308m, or EPS before dilution of SEK3.05, for the second quarter of 2016, from April 2016 to June 2016.. This was in comparison with net income of SEK278m, or EPS before dilution of SEK2.78, in Q2 of 2015.. Net sales for the quarter amounted to SEK1, 795 m, up by 6.3% as compared with SEK1, 689 m in Q2 of 2015."/>
Thule Group posts net income of SEK308m in Q2 2016
Thule Group AB on Thursday reported net income of SEK308m, or EPS before dilution of SEK3.05, for the second quarter of 2016, from April 2016 to June 2016.. This was in comparison with net income of SEK278m, or EPS before dilution of SEK2.78, in Q2 of 2015.. Net sales for the quarter amounted to SEK1, 795 m, up by 6.3% as compared with SEK1, 689 m in Q2 of 2015."/>
Thule Group posts net income of SEK308m in Q2 2016
China Lodging Group, Limited, a leading and fast-growing multi-brand hotel group in China, today announced that it is scheduled to release unaudited financial results for the second quarter ended June 30, 2016 before the US market opens on August 16, 2016.. The earnings release will be available on the Company’ s investor relations website at http://ir.huazhu.com/releases. cfm. China Lodging Group’ s management will host a conference call at 8 a.m."/>
China Lodging Group, Limited Schedules Second Quarter 2016 Earnings Release on August 16, 2016
Starbucks executives on Thursday blamed everything from faulty business moves to global uncertainty for what they called "an anomaly" of a quarter in which sales growth slowed sharply both in the U.S. and worldwide. Sales at stores open at least a year grew only 4 percent globally for the quarter ended June 26. That compares with 7 percent growth in the same quarter a year ago, and 6 percent in the previous quarter."/>
Starbucks' sales growth slows, though earnings meet forecast [The Seattle Times]
Carmike Cinemas. Friday's protest is the idea of New York advocacy lawyer Richard Berman, who said his concerns stem from China-based Dalian Wanda Group's controlling ownership of AMC Entertainment Holdings, based in Leawood. Berman outlined his objections and concerns at www.chinaownsus.com."/>
AMC theater in Times Square will see protest over Carmike merger [The Kansas City Star]
Dunkin' Brands Group Inc. reported weaker-than-expected second-quarter revenue yesterday, blaming in part franchisee price increases that resulted in less foot traffic at its Dunkin' Donuts and Baskin-Robbins restaurants. The Canton company's sales rose 2.3 percent to $216.3 million in the quarter ended June 25, missing the average analyst estimate of $219.9 million. "We think that pricing got ahead of itself because saw the minimum wage going up, and the natural..."/>
Price hikes ground Dunkin' Q2 revenue [Boston Herald]
Wynn Resorts casino could soon be getting its final approval after he backed changes to the permit for the $2.1 billion Everett project. Matthew Beaton, state Energy and Environmental Affairs secretary, said the final decision to approve the environmental permit-- which has been subject to an appeal by the city of Somerville-- rests directly with his Department of Environmental Protection commissioner, Martin Suuberg,..."/>
Environmental chief signals OK of Wynn permit [Boston Herald]
Tata Motors Ltd wants to change that."/>
Tata Motors aims to get more women on its shop floor [Mint, New Delhi]
Tata Motors Ltd in 2010 to realize a vision he shared with then chairman Ratan Tata and then managing director Ravi Kant--to reinvent the firm and turn it into a global giant. Before joining Tata Motors, Leverton was chief engineer overseeing the Phantom project at Rolls-Royce Holdings Plc, and group engineering director at JCB Inc., the US-based maker of earth-moving equipment. Markus Braunsperger, 53, joined Hero MotoCorp Ltd in 2014..."/>
Indian auto majors tap foreign talent to enhance R&D efforts [Mint, New Delhi]
Corporate myopia crimps CSR scope [Mint, New Delhi]
McDonald's India Pvt. Ltd and its estranged partner, Vikram Bakshi, before the London Court of International Arbitration. Bakshi and McDoanld's have been involved in a legal dispute since 2013, with proceedings pending at the Company Law Board and several issues at the arbitration court in London."/>
Arbitration proceedings between McDonald's, Bakshi to resume: Delhi HC [Mint, New Delhi]
UBS Group AG expects to touch $48-60 billion by 2020 and Morgan Stanley sees at $120..."/>
10 new VC investors who are upbeat on Indian start-ups [Mint, New Delhi]
JSW Energy Ltd on Thursday said it has withdrawn its plan to acquire a majority stake in power producer Monnet Power Co. Ltd after the lenders to the latter rejected the offer. JSW Energy, which has acquired three power plants from struggling peers in the last one year, had entered into an agreement with iron producer Monnet Ispat& Energy Ltd to acquire a majority stake in its subsidiary Monnet Power Co. in July 2015. The two companies had not..."/>
Lenders to Monnet Power reject JSW Energy's acquisition offer [Mint, New Delhi]

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