Industry News

MDC Holdings announces dividend of USD0.25 per share
TAL Education Group, a leading K-12 after-school tutoring services provider in China, today announced its unaudited financial results for the first quarter of fiscal year 2017 ended May 31, 2016.. Highlights for the First Quarter of Fiscal Year 2017. Net revenues increased by 50.8% year-over-year to US $195.1 million from US $129.4 million in the same period of the prior year. Income from operations was US $17.6 million, compared to US $19.6..."/>
TAL Education Group Announces Unaudited Financial Results for the First Fiscal Quarter Ended May 31, 2016
Yahoo and AOL would have been a blockbuster deal back in the late 1990 s. Now, the deal is being greeted more with shrugged shoulders than loud applause. Verizon, having acquired AOL off the scrapheap last year, is buying the core parts of Yahoo for $4.8 billion."/>
St. Louis Post-Dispatch David Nicklaus column [St. Louis Post-Dispatch]
Toyota Motor Thailand has revised its sales forecast for Thailand, while reaffirming Thailand as one of its key production hubs for the Asian region. TMT also highlighted that Siam Toyota Manufacturing, its engine production plant in Thailand, had topped 10 million units in engine production in May 2016. STM is the second Toyota engine plant outside of Japan to hit a cumulative production volume of 10 million units. "Due to the economic slowdown coupled with an..."/>
Toyota Motor Thailand Revises Thailand Car Sales Projection and Reaffirmed Thailand as a Key Regional Operation Hub
Central European Media Enterprises Ltd...."/>
Central European Media Enterprises Ltd. Reports Results for the Second Quarter and Six Months Ended June 30, 2016
Boston Herald The Ticker column [Boston Herald]
Yahoo could offer a financial parachute to investors who have stuck with the one-time search engine heavyweight as it watched companies like Google and Facebook comfortably pass by, according to an expert. "This is maybe the best way out if you have held Yahoo stock for a long time," said Peter Ireland, an economics professor at Boston College. "Verizon's stock has done very, very well this year."/>
Expert: Verizon buy could pay off for Yahoo shareholders [Boston Herald]
Liberty Property Trust is under agreement to sell much of its holdings in the Great Valley Corporate Center, the pioneering Chester County business park that transformed Malvern and made the developer into a major regional office landlord. The company is selling 26 Great Valley properties, accounting for over a million square feet of office and light-industrial space, to Horsham-based Workspace Property Trust, Liberty announced Monday. The properties are part of a..."/>
Liberty Property Trust to sell most Great Valley Corporate Center holdings in milestone for company [The Philadelphia Inquirer]
Maruti Suzuki India Ltd, India's largest car maker, said that the local car market will reach 5 million units in annual sales by 2020, making the country the fourth-largest market in the world. The estimates were given by Maruti Suzuki chairman R.C. Bhargava at an auto parts conference on Monday."/>
India to be a five million car market by 2020: Maruti Suzuki's RC Bhargava [Mint, New Delhi]

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