Industry News

DLF Ltd, one of the first..."/>
Plans for REITs remain on drawing board [Mint, New Delhi]
Rallis India Ltd's performance in the June quarter. Standalone sales net of excise duty rose just 1%. The seeds business grew 15%, pushing consolidated sales growth to 7%."/>
Rallis India: slow start to a promising year [Mint, New Delhi]
State Bank of India, will get around one-third of it, Rs.7, 575 crore. Among others, Indian Overseas Bank will receive Rs.3, 101 crore, Punjab National Bank Rs.2, 816 crore, Bank of India Rs.1, 784 crore, Central Bank of India Rs.1, 729 crore, Syndicate Bank Rs.1, 034 crore and Uco Bank Rs.1, 033 crore."/>
Mint, New Delhi, Tamal Bandyopadhyay column [Mint, New Delhi]
Delek Group Ltd. gas and oil exploration units Avner Oil and Gas LP and Delek Drilling LP reported this morning that they have bid for the Cypriot government tender to buy rights in the country's economic waters. Winning such a bid would by synergistic to its operations in Israel's offshore gas fields. "Globes" was the first to report last week that Delek was about to make such a bid."/>
BRIEF: Delek bids for Cypriot exploration licenses [Globes, Tel Aviv, Israel]
Kite Pharma: founder and CEO Arie Belldegrun, director and TPG founding partner David Bonderman, and director and Two River cofounder and managing director Joshua Kazam. Following the announcement, DNA..."/>
Israeli drug developer Entera Bio raises $7.5m [Globes, Tel Aviv, Israel]
Apartments sold and rented [Globes, Tel Aviv, Israel]
Sovran Self Storage decided they needed a common name for all of those stores. Until then, Sovran had been content to run its 30 or so stores by their individual names, but as the company grew, it made sense to have a single name, both for branding purposes and so the company's advertising-- mainly in the Yellow..."/>
The Buffalo News, N.Y., David Robinson column [The Buffalo News, N.Y.]
The DNC Minority Report [The Philadelphia Inquirer]
Sovran Self Storage decided they needed a common name for all of those stores. Until then, Sovran had been content to run its 30 or so stores by their individual names, but as the company grew, it made sense to have a single name, both for branding purposes and so the company's advertising-- mainly in the Yellow..."/>
Sovran hopes it's name-change gamble pays off [The Buffalo News, N.Y.]
Arab Bank Group delivered solid financial results for the period ending June 2016, recording $424.9 million in net profit after taxes and provisions compared with $422.9 million for the same period last year, according to an ABG statement. The results were the outcome of the bank's well-diversified business activities which enable it to perform consistently and withstand the volatile market challenges, according to the statement. Loans and advances reached..."/>
Arab Bank announces net profit of $424.9m in H1 [Jordan Times, Amman]
Ameriprise Financial, fell 57 percent to $41.8 million, because he only exercised $18.1 million in stock options. In the previous two years, he made a total of $150 million by cashing in long-held options."/>
Total compensation for Minnesota public company leaders declines 19 percent [Star Tribune (Minneapolis)]
Ameriprise Financial in Dixon, has qualified for the company's Circle of Success annual recognition program. According to the news release, Novak established himself as one of the company's top advisers by consistently demonstrating exceptional commitment to financial planning and superior client service. Only a select number of high-performing advisers earn this distinction."/>
BRIEF: Adviser nabs high honors [Daily Gazette, Sterling, Ill.]
Hershey Co. chocolate giant faces a challenging future, analysts say. While the central Pennsylvania company has been developing new product lines, its "category has been declining with the changing tastes of millennials," said Jack Russo, senior consumer staples analyst with Edward Jones. "Snacking is taking a different form, more protein"-- energy..."/>
Why Hershey's chocolate company is facing a historic test [The Philadelphia Inquirer]

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