Industry News

Gitanjali Gems Ltd, which owns brands such as Asmi, D'damas, Nakshatra and Gili, plans to double the number of its retail stores in India and overseas from 5,000 to 10,000 in the next two years, a top company executive said. The expansion plan follows its efforts at consolidating its business over the past three years and changing its model to focus on diamond jewellery instead of gold and on exports as the domestic business environment remains..."/>
Gitanjali plans to double retail footprint to 10,000 stores [Mint, New Delhi]
Facebook's former headquarters at 335 Madison Ave., which also houses the GCT accelerator, the Build Grand Central co-working..."/>
New tech startup 'Hub' opens near Grand Central station [amNewYork, New York]
Chipotle Mexican Grill opens its doors at Cross Country Plaza on Macon Road. "It's probably going to be sometime late November or early December. That's our hope, "Vickie Smith, Cross Country Plaza manager, said Tuesday."/>
Chipotle Mexican Grill moving toward fall debut on Macon Road [Columbus Ledger-Enquirer, Ga.]
CenturyLink, Oregon's largest phone company, plans to lay off as many as 3,500 workers nationwide by the middle of December. "We are not focusing on a specific group of employees or states. We are making adjustments to meet the needs of the business, "CenturyLink spokesman Mark Molzen wrote in an emailed statement."/>
CenturyLink plans thousands of job cuts this fall [The Oregonian, Portland, Ore.]
Life without Gmail is chaos, er, creative [The Idaho Statesman]
Charter Communications, Inc. today announced that Christopher Winfrey, Executive Vice President and Chief Financial Officer, will participate in the Deutsche Bank Leveraged Finance Conference in Scottsdale, Arizona, on Tuesday, September 27, 2016. The session is scheduled to begin at 8:40 a.m. MST. A live webcast of the event can be accessed on Charter's investor relations website,"/>
Charter to Participate in Deutsche Bank Leveraged Finance Conference
Pier 1 Imports for change after accumulating a 9.5 percent stake in the company. Alden Global Capital disclosed its Pier 1 holdings in a Securities and Exchange Commission filing on Monday, saying it has opened a dialogue on issues including the retailer's operations, shareholder representation on the board and the search for a new chief executive."/>
Hedge fund buys stake in Pier 1 Imports, pushing for change [Fort Worth Star-Telegram]
Polaris Industries, Inc. in the U.S. District Court for the District of Minnesota. The complaint is brought on behalf of all purchasers of Polaris securities between January 26, 2016 and September 11, 2016, for alleged violations of the Securities Exchange Act of 1934 by Polaris's officers and directors."/>
Robbins Arroyo LLP: Polaris Industries, Inc. (PII) Misled Shareholders According to a Recently Filed Class Action
Beazer Homes USA, Inc. announced today the early results of its previously announced cash tender offer for any and all of its 6.625% Senior Secured Notes due 2018, upon the terms and conditions included in the Offer to Purchase, dated September 7, 2016.. As of the Early Tender Deadline, which was 5:00 p.m., New York City time, on September 20, 2016, the aggregate principal amount of the Notes that have been validly tendered and not validly withdrawn was $233,784,000,..."/>
Beazer Homes Announces Early Results of Tender Offer for 6.625% Senior Secured Notes due 2018
UGG Shows at London Fashion Week
Cooper Companies Inc. will replace Starwood Hotels& Resorts Worldwide Inc. in the S&P 500, S&P SmallCap 600 constituent Northwestern Corp. will replace Cooper Companies in the S&P MidCap 400, and SPS Commerce Inc. will replace..."/>
The Cooper Companies Set to Join the S&P 500; Northwestern and NuVasive to Join S&P MidCap 400; SPS Commerce and Fox Factory to Join S&P SmallCap 600
Gray Television, Inc. today announced that its Board of Directors unanimously voted to expand the Board by one seat and elected Richard B. Hare as a Director to fill that position. Hare's term will run through our next Annual Meeting. For over ten years, Mr."/>
Gray Names Richard B. Hare To Its Board Of Directors
Macy's hopes to hire 83,000 workers nationwide, including for its two locations in Birmingham. The Cincinnati-based is hosting its first national hiring day Friday, Sept. 30 between 2 p.m. and 8 p.m. at all Macy's locations. Its only locations in Alabama are at the Riverchase Galleria in Hoover and Brookwood Village shopping center in Homewood and Mountain Brook."/>
BRIEF: Macy's aims to hire 83,000 seasonal workers on event Sept. 30 [Alabama Media Group, Birmingham]
Gray Television, Inc. today withdrew its guidance for net political advertising revenue for the three-month period ending September 30, 2016 and for the three-month period ending December 31, 2016. Net revenue, excluding political revenue, appears likely to meet the previously issued guidance for the third quarter of 2016.. While political revenue remains significant, Gray stations are receiving political advertising orders later than..."/>
Gray Addresses Political Guidance
Brinker International, Inc. today announced that it has priced its previously announced notes offering and has agreed to issue and sell $350 million aggregate principal amount of 5.000% Senior Notes due 2024. The Notes will be sold to investors at 100% of the principal amount. The Notes will be guaranteed on a senior unsecured basis by each of the Company's subsidiaries that guarantees its amended revolving credit facility."/>
Brinker International Announces Pricing Of Notes Offering
D-BOX Technologies Inc., a pioneer and world leader in immersive cinematic D-BOX Motion Code ®, will install a full-size auditorium with D-BOX high-fidelity motion systems with Shanghai Bestar Cinemas Management Co., Ltd. The theater situated in Haikou, in the province of Hainan, will be branded as Bestar D-BOX Cinema and will be able to seat 143 moviegoers and will be the first venue in China to offer an entire audience the full D-BOX experience."/>
D-BOX Technologies To Launch the First All D-BOX Theater in China with Shanghai Bestar Cinemas Management Co., Ltd
Tempur Sealy International, Inc. today announced it will present at the Deutsche Bank Annual Financial Conference. Tempur Sealy management will provide an overview of the Company's strategy, products, markets and financial performance. Date: September 27, 2016 Time: 2:15 p.m. local time, 5:15 p.m. ET Location: Phoenix, AZ."/>
Tempur Sealy To Present At Financial Conference

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