Industry News

Bassett Place on market for $102.7M [El Paso Times, Texas]
Simon Property Group, said the company's new Norfolk Premium Outlets will feature a more modern layout than its discount predecessor in Williamsburg. "The way we do this now is you have a series of buildings, and you literally want the consumer to shop it just like a racetrack," Richardson said at a Hampton Roads Association of Commercial Real Estate event."/>
BRIEF: Norfolk outlet mall will have modern layout, with music and outdoor seating [The Virginian-Pilot]
Mylan NV up to $100 million, but calculating the damage to the pharmaceutical company's reputation from its controversial price hikes may be more difficult. Mylan found itself at the center of a storm this week as a burst of outrage over a more than 500 percent increase in the price of EpiPen since 2007 forced the company to offer subsidies to cut out-of-pocket costs for some patients buying the life-saving allergy drug."/>
Mylan reputation at stake in EpiPen controversy [The Pittsburgh Tribune-Review]
Bank of America employee from Cumberland, died when she was struck in a crosswalk as driver Matthew J. Reidy, 36, of Taunton, Mass., turned left from Washington Street onto East Approach, a one-block-long street by the skating rink used only..."/>
Bus in Providence pedestrian fatal was not on regular route [The Providence Journal, R.I.]
ITT Educational Services Inc. have laid a foundation for past students to take advantage of a little-known rule, called defense to repayment, that can wipe out their loans. Federal law gives the Education Department broad discretion to..."/>
ITT Tech's collapse could help former students wipe out their loans [The Indianapolis Star]
Mylan NV up to $100 million, but calculating the damage to the pharmaceutical company's reputation from its controversial price hikes may be more difficult. Mylan found itself at the center of a storm this week as a burst of outrage over a more than 500 percent increase in the price of EpiPen since 2007 forced the company to offer subsidies to cut out-of-pocket costs for some patients buying the life-saving allergy drug."/>
Mylan profits, reputation at stake in EpiPen controversy [The Pittsburgh Tribune-Review]
SABMiller in October. Belgium-based A-B InBev, the world's largest brewer with about 150,000 employees globally, announced the planned job cuts Friday as it gave an update on its $100 billion-plus deal to buy SABMiller. SABMiller, which is based in London, has 70,000 employees currently but is paring its European and other assets for..."/>
A-B InBev to cut thousands of jobs after SABMiller deal [St. Louis Post-Dispatch]
South State Bank completes its acquisition early next year. But a little more than 100 positions-- mainly back-office support staff, such as accountants and human resources workers-- will be eliminated in February. GB&T President Ronald L. Thigpen said Friday that all of the bank's 376 employees had been notified of their status by the close of business..."/>
More than 100 jobs will be cut in Georgia Bank merger [The Augusta Chronicle, Ga.]
DLF Ltd and Parsvnath Developers Ltd to compensate two sets of home buyers who were not delivered their flats yet. A bench comprising of justices Dipak Misra and C. Nagappan asked both companies to pay compensation as ordered by the National Consumer Disputes Redressal Commission with certain modifications. Around 50 petitioners who bought flats in DLF's The Valley project in Panchkula, Haryana had..."/>
SC tells DLF, Parsvnath to pay compensation to home buyers for delay [Mint, New Delhi]
BB&T Corp. announced in May it was cutting 87 mostly administrative jobs at its Two City Center offices, the former headquarters of Allentown's National Penn Bancshares Inc., a spokesman said the bank did not expect to make any additional announcements about more cuts. The bank also did not volunteer anything about new jobs, either. BB&T regional President Dave Kennedy said Friday he hopes to recoup those 87 jobs by year's end."/>
BB&T working to restore Allentown jobs, regional president says [The Morning Call (Allentown, Pa.)]
East Bay Times Michelle Quinn column [East Bay Times]
GEO Group, Inc.. Investors who purchased or otherwise acquired shares between March 1, 2012 and August 17, 2016 are encouraged to contact the Firm in advance of the October 24, 2016 lead plaintiff motion deadline. If you are a shareholder who suffered a loss during the Class Period, click here to participate."/>
INVESTOR ALERT: Goldberg Law PC Announces Securities Class Action Lawsuit against The GEO Group, Inc. and Encourages Investors with Losses to Contact the Firm

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