Industry News

Comcast wants its coverage of the upcoming Summer Olympics in Rio de Janeiro to be seen as an example of why its cable-television service is a great value. Although you don't have to be a cable subscriber to view Olympic events on Comcast-owned NBC-TV, the cable company last week rolled out an enhanced on-demand viewing experience via its Xfinity-branded X1 cable-box system. And Comcast-- which dominates the Twin Cities' Internet and cable markets-- rolled out other..."/>
Comcast hopes premium services will deter 'cord cutting' [Pioneer Press, St. Paul, Minn.]
Sinclair Broadcast Group, which also owns WSBT on channel 22 based in Mishawaka, purchased the FOX affiliation from Quincy Media. Beginning Monday, FOX 28' s news operation will be absorbed by WSBT and FOX programming will move to a new digital subchannel 22.2."/>
BRIEF: Saying goodbye: FOX 28 weekday anchors sign off for the final time [The Elkhart Truth, Ind.]
Legoland additions keep clicking [Orlando Sentinel]
Comcast tower directly east-- look very small. That includes the 33- story Evo apartments next door, which, with Cira Green, the parking garage with a one-acre park on..."/>
AKA University City assumes a lofty perch in Cira Centre South [The Philadelphia Inquirer]
ServiceMaster Global Holdings Inc. of Memphis, Tenn. The company's insurance carriers also have paid the family an amount not disclosed in..."/>
Terminix offers $87 million settlement to Delaware family sickened by pesticide [The Philadelphia Inquirer]
Whole Foods Market issued a mixed third-quarter earnings report last week, missing on Wall Street revenue forecasts. Whole Foods said it had record revenue for the quarter of more than $3.7 billion, with earnings per share of 37 cents. Thomson Reuters analysts had projected revenues of $3.73 billion with earnings per share of 37 cents."/>
Top Local Business Stories of the Week [Austin American-Statesman]
Cheesecake Factory’ s New Chocolate Hazelnut Crunch Cheesecake. This Smart News Release features multimedia. View the full release here:"/>
Today The Cheesecake Factory Offers Any Slice for Half Price in Celebration of National Cheesecake Day
BorgWarner are up 14.6 percent over this time last year, with a 4- cent increase in earnings per diluted share attributed to the company's acquisition of Remy International. Overall, the company's second-quarter earnings report showed a earnings of 76 cents per share between April and June. Earnings per share is a proportion of BorgWarner's earnings divided by the number of outstanding shares, which analysts and companies use to gauge a..."/>
Remy acquisition pays for BorgWarner [The Herald Bulletin, Anderson, Ind.]
Allegheny Technologies and Alcoa delivered optimistic earnings reports in the past month."/>
Pittsburgh-area metal producers roared back in July [The Pittsburgh Tribune-Review]
Arctic Cat lost $10.6 million in the first quarter and downgraded 2016 expectations after sales declined amid a delayed shipment and the weakening power-sports marketplace, officials said Friday. The company's stock price plunged nearly 15 percent Friday as investors digested the latest disappointment. The Plymouth-based maker of all-terrain vehicles and snowmobiles said its long-term restructuring process remains on..."/>
Arctic Cat stock sheds $10.6 million in second quarter [Star Tribune (Minneapolis)]
Gannett Co. in South Carolina. Hardy, 42, will be executive editor of The Greenville News. She also will be one of Gannett's 15 regional editors, leading the southeast and overseeing three other newspapers in Asheville, N.C.; Anderson, S.C.; and Staunton, Va."/>
Virginian-Pilot's managing editor leaves for top job in South Carolina [The Virginian-Pilot]
T Rowe Price Group Inc. has reduced the value of its stake in Flipkart Ltd by a fifth, its second cut in four months, reflecting continued investor concerns over the valuations of technology start-ups. The move came ahead of a statement by Flipkart on Friday that it was cutting 300 to 600 additional jobs, after already shrinking its workforce to 30,000 from 33,000 at the start of the year to reduce costs. US-based T. Rowe Price lowered the value..."/>
Flipkart valuation shrinks again; firm reveals job cuts [Mint, New Delhi]
ServiceMaster Global Holdings Inc., of Memphis, Tenn. The company's insurance carriers also have paid the family an amount not disclosed in..."/>
Terminix offers $87 million settlement to Delaware family sickened by pesticide [The Philadelphia Inquirer]
Netflix, which entered India in January, has launched a marketing campaign. The platform's first-ever digital brand film for India titled Commitment features standup comedian Abish Mathew, who proposes to his lady love over a dinner date. Surprised and ecstatic, the girlfriend accepts the proposal when she peeks into ring box to find Mathew's Netflix Id and password."/>
Netflix India rolls out its first digital brand film [Mint, New Delhi]
Alphabet Inc.' s revenue growth in the second quarter, as it has for years now. Revenue at Alphabet--Google's parent firm, formed in 2015-- rose 21% to $21.5 billion in April-June from a year ago. Advertising revenue reached $19.14 billion, a 19% year-on-year increase."/>
Google continues to ride high on advertising in June quarter [Mint, New Delhi]

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