Industry News

Microsoft and Amazon Web Services in the cloud marketplace in India by announcing that it plans to set up its first data centre in Mumbai by 2017-- a strategy that will help the company cater to a larger number of Indian developers and enterprise customers. It will help Google especially in the financial services industry since regulations in this sector do not permit data to be transmitted outside the country."/>
Google to launch first data centre in Mumbai to take on Microsoft, Amazon [Mint, New Delhi]
ID Watchdog, Inc., provider of consumer-facing identity theft protection and resolution services, announced today that it has entered in to a new $3.0 million credit facility with Silicon Valley Bank. The Facility will consist of up to a $2.5 million revolving credit facility and a $500,000 term loan. The Company intends to use proceeds from the Facility to repay the remaining promissory notes due November 22, 2017, which bear interest at 15% per annum,..."/>
ID Watchdog Enters into $3.0 million Credit Facility
ID Watchdog, Inc., provider of consumer-facing identity theft protection and resolution services, announced today that it has entered in to a new $3.0 million credit facility with Silicon Valley Bank. The Facility will consist of up to a $2.5 million revolving credit facility and a $500,000 term loan. The Company intends to use proceeds from the Facility to repay the remaining promissory notes due November 22, 2017, which bear interest at 15% per..."/>
ID Watchdog Enters into $3.0 million Credit Facility
Time Warner Cable is hiring 50 customer service representatives and field technicians in the Portland area to serve customers over the phone and in person, the company said Friday. Time Warner would not disclose salary ranges for the available positions. According to online employee survey website glassdoor.com, the typical Time Warner customer service rep earns $13 an hour, and the typical field technician earns $16 an hour."/>
BRIEF: Time Warner hiring 50 in Portland area [Portland Press Herald, Maine]
Rennova Health, a medical testing firm headquartered in West Palm Beach, remains the worst performer among local stocks. Shares have plunged 86 percent in the first nine months of the year."/>
3 THINGS TO KNOW: Local Company StocksWho's up, down through Q3 [The Palm Beach Post, Fla.]
Sears Auto Center at King of Prussia Mall will open in the next few months as a Yard House and Outback Steakhouse, according to New York-based Seritage Growth Properties-- a real estate investment trust. It's all part of a national trend by Seritage to "repurpose former Sears stores," as they close alongside sister Kmart stores."/>
King of Prussia's Sears store shows how the chain's sites are evolving [The Philadelphia Inquirer]
Duke Energy's is acquiring Piedmont Natural Gas in a deal expected to be completed on or about that date. Dave& Buster's Entertainment owns and operates entertainment and dining venues for adults and families."/>
Dave & Buster's Entertainment Set to Join the S&P SmallCap 600
Dollar General. The Dollar General store opened earlier this week at 100 E. Main St. in West Pennsboro Township. Dollar General stores typically sell basic merchandise at low prices."/>
Dollar General opens another store in the Carlisle area [The Patriot-News, Harrisburg, Pa.]
Liberty Interactive LLC, a subsidiary of Liberty Interactive Corporation, announced the payment today of a quarterly interest payment to the holders, as of September 15, 2016, of its 1.0% Senior Exchangeable Debentures due 2043. The amount of the quarterly interest payment is $2.50 per $1,000 original principal amount of Debentures. Under the Indenture for the Debentures, the original principal amount of the Debentures is reduced in an amount equal to each..."/>
Liberty Announces Quarterly Interest Payment and Excess Regular Cash Dividend Amount on 1.0% Senior Exchangeable Debentures Due 2043
Liberty Interactive LLC, a subsidiary of Liberty Interactive Corporation, announced the payment today of a quarterly interest payment to the holders, as of September 15, 2016, of its 0.75% Senior Exchangeable Debentures due 2043. The amount of the quarterly interest payment is $1.875 per $1,000 original principal amount of Debentures. As of September 30, 2016, 4,606 Debentures remained outstanding in the aggregate adjusted principal amount of..."/>
Liberty Announces Quarterly Interest Payment and Excess Regular Cash Dividend Amount on 0.75% Senior Exchangeable Debentures Due 2043
Hilton Worldwide Holdings Inc. will report third quarter financial results prior to the stock market open on Wednesday, October 26, 2016, followed by a conference call at 10:00 a.m. Eastern Time. Christopher J. Nassetta, Hilton's president and chief executive officer, and Kevin Jacobs, Hilton's executive vice president and chief financial officer, will discuss the company's performance and lead a question-and-answer session. Participants may listen to the..."/>
Hilton Announces Third Quarter 2016 Earnings Release Date

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