Industry News

Live Ventures Incorporated, a diversified holding company, today announced financial results from its third fiscal quarter, which ended June 30, 2016.. During the quarter, net income was $13.7 million and Earnings per Share was $0.79. The Company reported sales of approximately $20 million, which was approximately $17 million, or, 580 percent higher over the same quarter last year."/>
Live Ventures Incorporated Announces Net Income of $13.7 Million or $0.79 EPS for its Third Fiscal Quarter 2016
National CineMedia, LLC and National CineMedia, Inc., the managing member and owner of 43.6% of NCM LLC, announced today that NCM LLC plans to offer in a private placement $250 million aggregate principal amount of Senior Notes due 2026. The Notes will be senior unsecured obligations of NCM LLC, and will bear interest at a fixed rate. NCM LLC intends to use the net proceeds from the proposed offering to finance the redemption of its $200 million Senior Notes due..."/>
National CineMedia, LLC Announces Proposed Private Offering of $250 Million of Senior Notes due 2026
Sinclair Broadcast Group, Inc. announced that its wholly-owned subsidiary, Sinclair Television Group, Inc., has notified the trustee for its 6.375% Senior Unsecured Notes due 2021 that it will redeem, in full, STG's outstanding $350.0 million aggregate principal amount of Notes on August 30, 2016. The redemption will be effected in accordance with the terms of the indenture governing the Notes and is conditioned upon the closing of STG's..."/>
Sinclair Announces Redemption of 6.375% Senior Unsecured Notes
ONE Group Hospitality Inc announced on Friday the entering into a loan agreement with Anson Investments Master Fund LP for a loan of USD3.0m, through an unsecured promissory note. This unsecured promissory note bears interest at a rate of 10% per annum, payable quarterly commencing 30 September 2016, until its maturity date of 11 August 2021.. Under this loan agreement, The ONE Group issued a common stock purchase warrant to Anson to purchase 300,000 shares of The ONE Group's..."/>
The ONE Group Hospitality enters into USD3.0m loan agreement with Anson
STRIVING TO REMAIN RELEVANT [Albuquerque Journal, N.M.]
Sinclair Broadcast Group, Inc. announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc., intends to offer in a private placement, subject to market conditions and other factors, $350.0 million aggregate principal amount of Senior Unsecured Notes. The Notes are expected to mature in 2027 and to initially be guaranteed by Sinclair and certain of Sinclair's subsidiaries. The offering is conditioned on customary..."/>
Sinclair Announces Proposed Private Offering of Senior Unsecured Notes of Sinclair Television Group
Sprouts Farmers Market in a brand-spanking-new retail complex with a Sleep Train, Chipotle and a sign on an empty storefront alerting the public that Starbucks is coming soon. Nearby, a 435- unit apartment complex-- one of the largest new buildings to break ground recently-- is under construction at the site of a former Chevrolet dealership. Continue and you'll spot..."/>
Not your grandmother's Broadway Ave. [East Bay Times]
Speedemissions, Inc., a national brand offering our customers quick and efficient emissions testing and safety inspections, today announced its financial results for its fiscal quarter and six months ended June 30, 2016.. "We continue to see the positive results from our reorganization activities as our revenues steadily climb, while expenses are being managed responsibly. Speedemissions is one of the more prominent emission testing companies in each..."/>
Speedemissions, Inc. Announces Second Quarter 2016 Financial Results
Tix Corporation, a leading provider of discount ticketing services, today reported results for the second quarter and first six months ended June 30, 2016.. Mitch Francis, Chief Executive Officer of the Company, stated, "While the overall number of tickets sold this year decreased slightly more than two-percent over the same period a year ago, our revenues were also impacted by the change in product mix sold which reduced our average revenue earned per..."/>
Tix Corporation Reports Second Quarter and First Six Months 2016 Results
Clean Diesel Technologies, Inc., a leader in advanced emission control technology, reported its financial results for the second quarter ended June 30, 2016.. Matthew Beale, CDTi’ s CEO, stated,“ In the second quarter, we achieved important milestones in establishing improved capital and cost structures for the Company. In June, we reached an agreement to convert $8.5 million in debt into the Company’ s common stock, demonstrating our debtholders’ confidence..."/>
CDTi Announces Second Quarter Fiscal Year 2016 Financial Results
Vuzix ® Corporation, a leading supplier of Smart Glasses, Augmented Reality and Virtual Reality technologies and products for the consumer and enterprise markets, today reported second quarter 2016 financial results for the period ended June 30, 2016.. Vuzix reported $560,877 in revenues for the three months ended June 30, 2016, a 31% increase from $427,812 for the same period in 2015. The net loss for the three months ended June 30, 2016,..."/>
Vuzix Provides Business Update and Reports Second Quarter 2016 Financial Results
Skullcandy, Inc., which creates world-class audio experiences through its Skullcandy ® and Astro Gaming ® brands, announced that, on August 14, 2016, it received an unsolicited acquisition proposal from Mill Road Capital Management LLC to acquire Skullcandy for $6.25 per share in cash. The August 14 Mill Road Proposal represented a premium to the price of the current transaction with Incipio, LLC pursuant to the previously announced definitive..."/>
Skullcandy Board Continues to Recommend Incipio Transaction Following Receipt of Acquisition Proposal from Mill Road Capital Management
Omnitek Engineering Corp. today reported results for its second quarter and six months ended June 30, 2016– primarily reflecting the timing of orders between the completion of current pilot programs and the ramp up of fleet conversions on a larger scale. Net revenues for the second quarter were $252,316 compared with $591,185 a year earlier. For the same period, the company reported a net loss of $292,939, or $0.01 per share, compared with a net loss of..."/>
Omnitek Engineering Reports Second Quarter and Six-Month Results
Eniro AB, a search company for individuals and businesses in the Nordic region, announced on Friday the appointment of rjan Frid as the new president and CEO of the Eniro Group, effective immediately. Frid succeeds Stefan Kercza, whose employment contract was terminated by the company's board of directors. Kercza had served as Eniro president and CEO since 2014 and as a member of the group management since 2011.."/>
Eniro’s new board appoints Örjan Frid as president and CEO
Eniro AB, a search company for individuals and businesses in the Nordic region, announced on Friday the appointment of rjan Frid as the new president and CEO of the Eniro Group, effective immediately. Frid succeeds Stefan Kercza, whose employment contract was terminated by the company's board of directors. Kercza had served as Eniro president and CEO since 2014 and as a member of the group management since 2011.."/>
Eniro’s new board appoints Örjan Frid as president and CEO
J.C Penney reduces loss by 52% in Q2 2016
China Auto Logistics Inc., a top seller in China of luxury imported automobiles and a leading provider of auto-related services, which sold its Zhonghe subsidiary during the 2016 second quarter, today reported that the net loss attributable to CALI shareholders in this period from continuing operations was or$ per share, compared to or per share a year earlier, while net income attributable to CALI shareholders from discontinued operations in the..."/>
China Auto Logistics Reports Second Quarter and Six Month 2016 Financial Results
Stein Mart, today announced their strategic partnership to launch Stein Mart’ s updated website powered by the Kibo eCommerce platform. As part of Stein Mart’ s overall omnichannel retailing strategy, the feature-rich and responsive designed site allows Stein Mart shoppers to now have the same experience across all of its retail..."/>
Stein Mart Launches New Website Powered by Kibo, to Fuel Online Sales Growth and Support Omnichannel Initiatives
Nordstrom Inc announced on Friday that it plans to open a new Nordstrom Rack at South Edmonton Common in Edmonton, Alberta. This approximately 35,000- square-foot store is scheduled to open in autumn 2018. The property is owned and managed by Cameron Corporation and CREIT."/>
Nordstrom announces plans to open new Nordstrom Rack at South Edmonton Common In Edmonton, Alberta

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