Industry News

TTI Reports Record 2016 First Half Results
Citi Trends, Inc. today reported results for the second quarter of fiscal 2016.."/>
Citi Trends Announces Second Quarter 2016 Results and Declares Quarterly Cash Dividend
Target Reports Second Quarter 2016 Earnings
Liberty Interactive Corporation declared on Wednesday that its wholly owned subsidiary Liberty Interactive LLC will issue senior debentures in a private offering that are exchangeable for Charter Communications Inc's class A common stock. Also, at the option of holders during specified periods, these debentures will be exchangeable and when that occurs, the company may optionally deliver Charter's class A common stock, cash or a combination of Charter common stock and..."/>
Liberty Interactive proposes private offering of senior debentures
Staples, Inc. announced today the results for its second quarter ended July 30, 2016. Total company sales for the second quarter of 2016 were $4.8 billion, a decrease of four percent compared to the second quarter of 2015. On a GAAP basis, the company reported a net loss of $766 million, or $1.18 per share."/>
Staples, Inc. Announces Second Quarter 2016 Performance
Lowe's Companies, Inc. today reported net earnings of $1.2 billion for the quarter ended July 29, 2016, a 3.7 percent increase over the same period a year ago. Diluted earnings per share increased 9.2 percent to $1.31 from $1.20 in the second quarter of 2015. For the six months ended July 29, 2016, net earnings increased 14.0 percent from the same period a year ago to $2.1 billion, and diluted earnings per share increased 20.5 percent to $2.29."/>
Lowe's Reports Second Quarter Sales and Earnings Results
Nord Anglia Education, Inc., the world's leading premium schools organization, announced today the appointment of Louis T. Hsieh as an independent director and new chairman of the audit committee. Mr Hsieh is currently a non-executive director and Senior Advisor to the Chief Executive Officer at New Oriental Education and Technology Group, China's largest private educational services provider. Mr Hsieh joined New Oriental in 2005 as Chief..."/>
Nord Anglia Education Announces Appointment of Independent Director and New Audit Committee Chairman
Under Armour CEO Kevin Plank's waterfront Port Covington development. In front of about 200 people gathered at the War Memorial Building in Baltimore, the council's economic development committee began addressing several concerns that have been raised about the $5.5 billion project, and the $660 million tax-increment-financing deal that Plank is seeking from the city."/>
City Council begins work on Port Covington tax deal [The Baltimore Sun]
Flexsteel Industries Inc on Wednesday reported a net income of USD6.2m or USD0.78 per diluted share for the fourth fiscal quarter, up from the net income of USD5.8m or USD0.74 per diluted share in the same quarter of fiscal 2015.. Net sales for the fourth fiscal quarter were USD122.8m, up from the net sales of USD121.3m in the same fiscal fourth quarter of 2015.. Flexsteel and it subsidiaries is a large manufacturer, importer and marketer of residential and commercial upholstered..."/>
Flexsteel reports higher net income or Q4 2016 year over year
Whirlpool Corporation authorised a common stock quarterly dividend of USD1.00 per share, the company declared on Tuesday. Stockholders of record at the close of business on 26 August 2016 will receive the dividend payment on 15 September 2016.. Whirlpool is a major appliance manufacturer and markets the Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air, Indesit and other major brands worldwide."/>
Whirlpool announces USD1.00 per share quarterly dividend
Entercom Communications- Entercom is launching a nationwide public service announcement campaign on behalf of the Environmental Defense Fund, for which the company is donating $1 million worth of free airtime. The PSA will feature Academy Award-nominated actor Don Cheadle discussing the importance of stabilizing the global climate for our children and grandchildren. The PSAs will run across 124 of Entercom's stations in 27 top markets in the country..."/>
Entercom Grants $1 Million In Nationwide Airtime For Environmental Defense Fund PSA Campaign Featuring Don Cheadle
Bergio International announced on Tuesday that its net income attributable to common shareholders was USD99, 471 for the six months ended 30 June 2016.. This marks an improvement in earnings when compared with a loss of USD744, 250 for the six months ended 30 June 2015.. The company said the net loss was negatively impacted by non-cash expenses associated with the accounting treatment of the convertible debt for the six months ended 30 June 2015."/>
Bergio International swings to net income of USD99,471 for the six months ended 30 June 2016
Barnes & Noble Announces CEO Departure
Hero MotoCorp Ltd on Wednesday said that its former joint managing director and a key member of the Munjal family, Sunil Munjal, will not remain a promoter of the company. "We have received a communication from the individual promoters of the company stating that pursuant to the aforesaid realignment, Mr. Sunil Kant Munjal will henceforth, not be classified as a' promoter' of the Company, "Hero MotoCorp informed the BSE on Wednesday."/>
Sunil Munjal ceases to be promoter of Hero MotoCorp [Mint, New Delhi]
Starbucks and REI spoke passionately on behalf of a "secure scheduling" proposal at a Seattle City Council public hearing Tuesday night, while representatives from companies including Home Depot, JC Penney, Petco and several Subway franchises spoke against it. The proposed law, intended to protect workers from erratic schedules, would require employers to post work schedules two weeks in advance, give available hours to existing..."/>
Pros and cons of Seattle's proposed secure scheduling aired at public hearing [The Seattle Times]
Boston Herald The Ticker column [Boston Herald]

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