Industry News

Hero Electronix buys TES DST India business [Mint, New Delhi]
Mahindra and Mahindra has formed a separate aviation company in order to undertake the maintenance of the company's planes. The person who declined to be named did not elaborate on the future plans for this special unit."/>
Mahindra Group sets up aviation unit for aircraft management [Mint, New Delhi]
Bajaj Auto Ltd's net profit for the June quarter rose 2.1%, roughly in line with analysts' estimates, but the company said exports were weak and that it faced input cost pressures. Net profit at the maker of Pulsar and Avenger bikes increased to Rs.978 crore in three months ended 30 June from Rs.957 crore a year ago, the company said in a statement on Wednesday. Net revenue rose by 3.5% to Rs.6, 088 crore over Rs.5, 881.24 crore last year."/>
Bajaj Auto Q1 profit rises 2% to Rs978 crore [Mint, New Delhi]
Under Armour CEO Kevin Plank. Alvin C. Hathaway Sr. describes the benefits of the proposed Port Covington development for Baltimore, he cites the Old Testament Book of Jeremiah: "Seek the peace and prosperity of the city," the prophet says, "because if it prospers, you too will prosper.""/>
As Port Covington debate heats up, influential Baltimore pastors take sides [The Baltimore Sun]
Macy's closed last year."/>
Upper Valley Mall faces uphill battle to attract tenants [Springfield News-Sun, Ohio]
CarMax subleased 4,591 square feet of retail space in Mountain West Bank at 4250 Fairview Ave. in Meridian. Holly Chetwood of Thornton Oliver Keller handled the transaction. Boise Hot Yoga opened a second location and leased 2,871 square feet of retail space in Shops at State& Bloom at 5600-5630 W. State St. in Boise."/>
Who's moving in Treasure Valley commercial real estate [The Idaho Statesman]
RusTeak owners bring new eatery downtown [Orlando Sentinel]
Business Connect: People on the Move [Greeley Tribune, Colo.]
Facebook's growth gained more momentum Wednesday with the tech firm reporting second-quarter sales and earnings that smashed Wall Street's expectations. Driven by mobile ad sales, Facebook raked in $6.44 billion in revenue in the second quarter, up 59 percent from the same period last year. That's better than the $6 billion in revenue that analysts surveyed by Thomson Reuters expected from April to June."/>
Facebook's second-quarter earnings smash Wall Street's expectations [Mercury News]
Dollar General, a privately held store chain based in Goodlettsville, Tennessee, in late March, said Erick Aitken, the construction site superintendent. "It's nothing but a plus."/>
Dollar General to open Enfield store in September [Bangor Daily News, Maine]
Nordstrom Inc. the green light to buy the land the Seattle-based retailer has been leasing for two decades. However, the retailer won't be closing on a sale until final approval comes from the Federal Aviation Administration. Cedar Rapids City Council on Tuesday approved the company's request to buy the 46 acres of land-- 7700 18th St."/>
BRIEF: Cedar Rapids approves land sale to Nordstrom [The Gazette, Cedar Rapids, Iowa]
Big Lots in Sherman, the bulk of Dirt Cheap's inventory is discount clothing for..."/>
Shopping gets 'Dirt Cheap' in Sherman [Herald Democrat, Sherman, Texas]

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