Industry News

XPEL Technologies Corp., a leading supplier of automotive paint protection and window films, will attend the International Window Film Conference and Tint-Off™ sponsored by Window Film magazine, to be held October 5-7, 2016 in San Antonio, Texas. XPEL Technologies is one of only five“ Diamond Sponsors” for the conference, which..."/>
XPEL To Serve As Diamond Level Sponsor of the International Window Film Conference and Tint-Off™
Red Robin Gourmet Burgers, Inc.,, a casual dining restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, announced the closing of some of its Red Robin Burger Works locations and rebranding of others as Red Robin Express as part of a strategic reevaluation of the Company’ s alternative fast casual platform."/>
Red Robin Reevaluates Strategy For Company’s Fast Casual Platform
VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, today announced that President& Chief Operating Officer Steven E. Rendle will become the company’ s Chief Executive Officer, effective Jan. 1, 2017. Rendle, 57, will succeed CEO Eric C. Wiseman who will continue to serve as Executive Chairman of VF’ s Board of Directors."/>
Steve Rendle to Become CEO of VF Corporation on January 1, 2017
Signet Jewelers Limited, the world's largest retailer of diamond jewelry, announced today that it has closed the previously announced transaction with Leonard Green& Partners, L.P., a leading private equity firm, pursuant to which affiliates of LGP invested $625 million in the form of convertible preferred shares. In connection with the closing of the transaction, Jonathan..."/>
Signet Announces Closing of $625 Million Leonard Green Strategic Investment
Hyatt Hotels Corporation disclosed on Tuesday the brand transition of the Concourse Hotel at Los Angeles Airport from a Hyatt affiliated hotel to Hyatt Regency Los Angeles International Airport. The 580- room hotel that is undergoing an extensive USD75m renovation ending 1 January 2017, officially became a Hyatt Regency hotel with a ribbon cutting. Open and accepting guests at present, Hyatt Regency Los Angeles International Airport is headed by managing director Jeff..."/>
Hyatt Regency Hotel opens post renovation and rebranding at Los Angeles International Airport
Mattel, Inc. today announced that it plans to release its third quarter 2016 financial results on Wednesday, October 19, 2016 at approximately 4:05 p.m. Eastern time. Following this, Christopher Sinclair, Chairman and Chief Executive Officer; Richard Dickson, President and Chief Operating Officer; and Kevin Farr, Chief Financial Officer will host a conference call and webcast at 5:00 p.m. Eastern time. The third quarter financial..."/>
Mattel Announces Upcoming Events
KB Home today announced that it has purchased 13 acres in Cary near US-1/US-64, where it plans to construct 41 new homes at its Wynwood community. Land development at the site will begin soon, with the community’ s grand opening anticipated for early 2017.."/>
KB Home Acquires Land in Cary for New Single-Family Home Community
Kohl’s Launches Kohl’s Pay Nationwide
Darden Restaurants Inc on Tuesday reported net earnings of USD110.2m, or diluted EPS of USD0.87, for the first quarter of fiscal 2017, ended 28 August 2016.. This was an increase over net earnings of USD86.4m, or diluted EPS of USD0.67, in Q1 of fiscal 2016.. Total sales from continuing operations for the quarter were up by 1.6% to USD1.71bn, as compared with USD1.69bn in Q1 of the prior fiscal year."/>
Darden Restaurants’ posts net income of USD110.2m in Q1 fiscal 2017
Marriott International continues its robust expansion across the African continent with news of brand-new signings of new properties in Cape Town, Nairobi, Cairo and Mauritius. This announcement comes hot on the heels of Marriott's recently completed acquisition of Starwood Hotels and Resorts, which has created the world's largest hospitality. The transaction has increased Marriott's distribution in Africa, thus affirming the company's number one..."/>
Marriott International Rapidly Expands its Footprint across Africa; Leading hospitality company announces 6 new deals, 1 new brand, over 1100 rooms Amdec Group Continues to introduce Marriott’s global brands into South Africa Sheraton Mauritius is Marriott’s first signed deal since completing the acquisition
Scientific Games Corporation today announced the Company has purchased Karma Gaming' s portfolio of interactive games, including second-chance games and eInstant games. The purchase, which was completed in June 2016, accelerates Scientific Games' interactive strategy and product roadmap while further strengthening the Company's position to lead lotteries into the digital future. Jim Kennedy, Executive Vice President and..."/>
Scientific Games Purchases Karma Gaming's Portfolio of Interactive Games
Wayfair Inc., one of the world’ s largest online destinations for home furnishings and décor, today announced the launch of its first-party 3 D Model API. Developed by Wayfair Next, the company’ s in-house research and development team, the platform enables access to more than 10,000 3 D furniture and décor models, allowing developers to integrate more realistic..."/>
Wayfair Opens 3D Model API to Developer Community
Cool Technologies, Inc., an innovator in mobile power generation, energy efficiency, and heat removal technologies, will demo its Mobile Generation technology in seven weeks, right before the Thanksgiving holiday and then unveil a fully retrofitted work truck three weeks later. The Ford F-350 dually will power a custom 42.3 Generator built by Emerson. The output will match tow behind generators with ratings of 10, 20, 25, 30, 40, 50, and 80 kVA."/>
Cool Technologies' Initial Work Truck Nears Completion
NeuLion, Inc., a leading technology product and service provider specializing in the broadcasting, distribution and monetization of live and on-demand digital video content to Internet-enabled devices, today announced it will issue a press release reporting its third-quarter 2016 financial results on Thursday, November 3, 2016, at approximately 7:05 a.m. Eastern Time. In conjunction with this announcement, NeuLion's President and Chief..."/>
NeuLion Announces Date of Third-Quarter 2016 Financial Results and Quarterly Webcast
Hofseth BioCare ASA: Grant of Patent in the European Union
Lennar Corporation announced today that LMC, its wholly owned subsidiary, received an additional $250 million commitment to its Lennar Multifamily Venture, which completes the fund raising for this long term multifamily development investment vehicle. With commitments totaling $2.2 billion LMV is well capitalized to develop and own Class A multifamily communities in 25 target markets throughout the United States. Lennar launched LMC in..."/>
Lennar Announces Final Close of $2.2 Billion Lennar Multifamily Venture
Advance Auto Parts, Inc., a leading automotive aftermarket parts provider in North America, serving both professional installer and do-it-yourself customers, today announced it has appointed Thomas Okray as Executive Vice President, Chief Financial Officer, effective October 31, 2016. As part of the previously announced orderly transition, Mr."/>
Advance Auto Parts Names Thomas Okray CFO
Apple Watch and Android Wear. Egencia has supercharged its user experience for business travelers, allowing them to switch between Egencia applications on desktop and mobile— and now smartwatch— without missing a connection. "Egencia is meeting the demand among business travelers for consumer-quality products."/>
Beyond the Gadget: Egencia Makes Smartwatches Even Smarter for Business Travelers

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