Industry News

Sears was then the largest retailer in the world, the Sears Tower was a testament to its prominence, and Kmart was riding high with its Blue Light Special sales. Thirty-one years later the two merged under the Sears Holding banner."/>
Merrillville Kmart to close after 42 years [The Times, Munster, Ind.]
MGT Capital Investments, Inc. announced today that the New York Stock Exchange informed the Company late yesterday afternoon that it will not approve the listing on the Exchange of the 43.8 million shares that the Company is required to issue in order to complete the closing of the D-Vassive merger. The Company and John McAfee remain committed to closing the transaction and are exploring alternatives. McAfee stated, "We are determined to..."/>
MGT Provides Update on Status of D-Vasive Acquisition
TripAdvisor today announced a commitment of at least $5 million from The TripAdvisor Charitable Foundation over the next 3 years to aid the humanitarian refugee crisis. For its initial contribution, The TripAdvisor Charitable Foundation will expand its partnership with The International Rescue Committee and Mercy Corps providing $1 million over 2 years to each organization. Additionally, through its TripAdvisor Media Group, the company has..."/>
TripAdvisor Announces $5 Million Multi-Year Commitment to Refugee Crisis
Lennar Homebuilding operating earnings of $344.9 million, compared to $333.7 million– up 3% Gross margin on..."/>
Lennar Reports Third Quarter EPS of $1.01
Under Armour CEO Kevin Plank's massive Port Covington project-- a deal supporters say will bring thousands of jobs to Baltimore, but critics say is corporate welfare. City Council President Bernard C. "Jack" Young said the waterfront development proposed by Plank's Sagamore Development Co. was too good to pass up."/>
City Council approves $660 million bond deal for Port Covington project [The Baltimore Sun]
Lennar Corp., TRI Pointe Group Inc., Goldfield Corp., and Tutor Perini Corp.. On Thursday, September 15, 2016, research firm Charles Schwab has reiterated its "Market Perform" rating on the sector due to an improving manufacturing environment."/>
Industrial Goods Stocks Under Scanner -- Lennar, TRI Pointe, Goldfield, and Tutor Perini
Macy's in celebration of the upcoming animated feature film in theaters on Friday, Nov. 4. *Elements include the exclusive "Betsey Johnson xox Trolls" collection, a $750,000 crown, a giant balloon in the 90th Anniversary Macy's Thanksgiving Day Parade ® and more. NEW YORK, NY-- This fall, Macy's stores nationwide will be the center of happiness, as the retailer invites customers to# gethappy through a multifaceted entertainment collaboration with..."/>
Sino Energy International Holdings Group Limited and is set to become its controlling shareholder. China Huarong Overseas will help Sino Energy actively pursue energy-related business. China Huarong Overseas had for a number of times during the year acquired shares of Sino Energy. On 23 June, China Huarong Overseas subscribed in the aggregate principal amount..."/>
China Huarong Overseas Invests in and Set to Become Controlling Shareholder of Sino Energy, a technology driven company focused on extracting the maximum value from used mobile devices, announced today that it has expanded into a new 21,000 square foot facility in Edgewood, NY, more than doubling its capacity to process devices in advance of the iPhone 7 Launch. The move is a substantial upgrade from its current warehouse in West Babylon, which is just over 8,000 square feet. The new location not only provides room for the company to grow but also..."/> Transitions to New Facility, More than Doubles Capacity; Move Coordinated Strategically in Advance of iPhone 7 Launch
SeaWorld Entertainment Inc declared on Monday that its board of directors authorised a common stock cash dividend of USD0.10 per share, reduced from that paid out in the previous quarter. The dividend will be paid on 7 October 2016 to shareholders of record at the close of business on 29 September 2016. Also, the company stated that it will redeploy this additional capital to shareholders by opportunistically buying back its shares in the open market in the remainder of 2016."/>
SeaWorld Entertainment declares lower dividend of USD0.10 per share for quarter and opportunistic share buy back
Royal Caribbean Cruises Ltd disclosed on Monday that its board of directors approved a quarterly common stock dividend of USD0.48 per share. This dividend is an increase of 28% from that paid out earlier and will be paid on 13 October 2016, to shareholders of record at the close of business on 29 September 2016.. Royal Caribbean Cruises owns Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises, as well as TUI Cruises through a 50%..."/>
Royal Caribbean Cruises announces 28% higher dividend of USD0.48 per share for quarter
Fossil Group Inc. is just days away from launching "FossilQ" in India, marking the second launch of a smartwatch by a traditional watchmaker in as many months in Asia's third-largest economy. India's own Titan launched "JUXT Pro" in August, even as outsiders such as Apple, Samsung, Motorola and Huawei continue to try to crack India's nascent smartwatch market. The incentive to bring smartwatches to India is simple: 1.2 billion people, its burgeoning..."/>
How to crack India's smartwatch market [Mint, New Delhi]
Jubilant FoodWorks Ltd fell as much as 8.13% on Tuesday after the company said its chief executive officer and whole-time director Ajay Kaul resigned. The stock touched a low of Rs.923.50 a share, a level last seen on 12 February. The stock fell in 14 out of the last 17 trading sessions and has lost 25.06% in this period."/>
Jubilant FoodWorks shares fall 8.1% as CEO Ajay Kaul quits [Mint, New Delhi]
Entergy Corp. said the Pilgrim Nuclear Power Station returned to full capacity early yesterday morning."/>
Boston Herald The Ticker column [Boston Herald]

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