Industry News

Beasley Broadcast Group, Inc. has agreed to acquire all outstanding stock of Massachusetts-based radio station operator Greater Media for approximately USD 240 m, subject to adjustments. Under the terms of the agreement, Greater Media shareholders are expected to receive approximately USD 100 m in cash and approximately USD 25 m in shares of the company's class A common stock. In addition, the shareholders of Greater Media will..."/>
Beasley Broadcast to Buy Massachusetts Radio Station Operator Greater Media for USD 240m
Marine Products Corporation announced today that its Board of Directors declared a regular quarterly cash dividend of $0.06 per share payable September 9, 2016 to common stockholders of record at the close of business on August 10, 2016.. Marine Products Corporation designs, manufactures and distributes premium-branded Chaparral sterndrive, jet drive and outboard pleasure boats, and Robalo outboard sport fishing boats."/>
Marine Products Corporation Announces Regular Quarterly Cash Dividend
Marine Products Corporation announced its unaudited results for the quarter ended June 30, 2016. Marine Products is a leading manufacturer of fiberglass boats under two brand names: Chaparral and Robalo. Chaparral's sterndrive models include H2O Sport and Ski& Fish Boats, SSi and SSX Sportboats, Sunesta Sportdecks and Signature Cruisers."/>
Marine Products Corporation Reports Second Quarter 2016 Financial Results
Gildan Activewear Inc. today announced its results for the three months ended July 3, 2016. Concurrent with this earnings release, the Company announced in a separate press release the signing of a definitive agreement to acquire Peds Legwear, Inc., a marketer of quality foot apparel and legwear sold primarily in the U.S. retail market. The Company also updated its guidance for 2016 to reflect the expected contribution from the acquisitions of..."/>
Gildan Activewear Reports Second Quarter 2016 Results and Updates Guidance for 2016
Gildan Activewear Inc. today announced that it has signed a definitive agreement to acquire 100% of the equity interest of Peds Legwear Inc. for a total cash consideration of $55 million. The acquisition is subject to customary closing conditions and is expected to close before the end of August 2016.. Peds is a marketer of quality foot apparel and legwear products, including ladies no-show liners, socks and sheer, and therapeutic hosiery sold mainly under the Peds ® and..."/>
Gildan Announces Agreement to Acquire Peds Legwear Inc.
Torstar Corporation today reported financial results for the second quarter ended June 30, 2016.. Highlights for the second quarter:. Effective July 3 rd, printing of The Toronto Star was successfully transitioned to Transcontinental Printing."/>
Torstar Corporation Reports Second Quarter Results
Speedway Motorsports, Inc. today reported second quarter 2016 total revenues of $175.7 million and net income of $24.7 million or $0.60 per diluted share. Six month 2016 total revenues were $258.9 million and net income was $25.6 million or $0.62 per diluted share. The results were within management’ s expectations, and SMI reaffirmed its full year 2016 non-GAAP earnings guidance of $0.90 to $1.10 per diluted share as further described below."/>
Speedway Motorsports Reports Results for the Three and Six Months Ended June 30, 2016 and Reaffirms Full Year 2016 Guidance
Strayer Education, Inc. today announced financial results for the period ended June 30, 2016. Financial highlights are as follows:. For Three Months Ended June 30:."/>
Strayer Education, Inc. Reports Second Quarter Revenues and Earnings; and Summer Term 2016 Enrollments
Wyndham Worldwide Corporation today announced results for the three months ended June 30, 2016.. Second quarter revenues were $1.4 billion, flat compared with the prior year period. In constant currency and excluding acquisitions, revenues increased 1%."/>
Wyndham Worldwide Reports Second Quarter 2016 Results
Lumber Liquidators, the largest specialty retailer of hardwood flooring in North America, today announced financial results for the second quarter and six months ended June 30, 2016.. Net sales in the second quarter of 2016 were $238.1 million, a decrease of 4.0% from the second quarter of 2015. This includes a comparable store net sales decline of 7.2%, reflecting a 0.7% increase in the average sale which was more than fully offset by a 7.9%..."/>
Lumber Liquidators Announces Second Quarter 2016 Financial Results
Hilton Worldwide Holdings Inc. today reported its second quarter 2016 results. This Smart News Release features multimedia. View the full release here:"/>
Hilton Reports Second Quarter Results and Progress on Planned Spin Transactions
HKTDC Food Expo, Tea Fair & Home Delights Expo Open in August
Entercom Communications will launch its first live, syndicated radio program, "Beyond Reality Radio," a two-hour talk show about the paranormal, beginning on August 1, airing Monday through Thursdays, live in each time zone. Co-hosted by Jason Hawes, co-founder..."/>
'Beyond Reality Radio,' Hosted By Jason Hawes And Jv Johnson, Debuts On Entercom Radio Stations On August 1
Entercom Communications, one of the largest radio broadcasters in the United States, today announced that Kim Reis has been promoted to Vice President of Digital Audience Engagement. Reis has been the Director of Digital Audience Engagement at Entercom Communications since July 2013 and has been instrumental in educating the programming team on digital best practices, while growing the company's social following and digital marketing footprint by more..."/>
Kim Reis Appointed Vice President Of Digital Audience Engagement, Entercom
BorgWarner Inc disclosed on Monday that its board of directors approved a quarterly cash dividend of USD0.13 per share on the company's common stock. The dividend will be paid on 15 September 2016 to shareholders of record on 1 September 2016.. BorgWarner develops, manufactures and sells engineered automotive systems and components primarily for power train applications worldwide."/>
BorgWarner announces dividend of USD0.13 per share for quarter
International Game Technology PLC authorised a quarterly cash dividend of USD0.20 per ordinary share, the company reported on Tuesday. All shareholders of record as of the close of business on 10 August 2016 will receive the dividend payment on 24 August 2016.. IGT operates and provides technology products and services across lotteries, electronic gaming machines, sports betting and interactive gaming markets worldwide."/>
International Game Technology announces dividend Of USD0.20 per share for quarter
Maruti Suzuki India Ltd's quarterly profit rose 23%, beating analysts' estimates, as the nation's largest car maker benefited from lower material costs and a surge in income from activities other than its core business operations. Net profit rose to Rs.1, 486.20 crore in the fiscal first-quarter ended 30 June from Rs.1, 208.10 crore in the year earlier, the company said on Tuesday. That compares with Rs.1, 224 crore profit estimated by a Bloomberg survey of 29..."/>
Maruti Suzuki beats estimates with 23% rise in June quarter profit [Mint, New Delhi]

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