Industry News

CoreLogic. Data from CoreLogic show that the rate of foreclosures among outstanding mortgage loans was 1.80 percent for May 2016, compared to the previous year, when the rate was 2.31 percent. Foreclosure activity in the metro area was higher than the national foreclosure rate, which was 1 percent for May 2016.."/>
ABQ metro's foreclosure rate continues to decline in May [Albuquerque Journal, N.M.]
Hutchinson Technology Inc. moved more of its assembly work overseas as the Minnesota-based maker of computer disk drive components awaits regulatory approval of its merger with TDK. Although sales declined slightly in HTI's latest quarterly earnings report released Friday morning, the company, which has a manufacturing facility in Eau Claire, noted that trimmed operating costs led to a boost in gross profit. HTI's $53.2 million in net sales in the..."/>
HTI offshores, awaits merger [The Leader-Telegram, Eau Claire, Wis.]
Netflix, which entered India in January, has launched a marketing campaign. The platform's first-ever digital brand film for India titled Commitment features standup comedian Abish Mathew, who proposes to his lady love over a dinner date. Surprised and ecstatic, the girlfriend accepts the proposal when she peeks into ring box to find Mathew's Netflix Id and password."/>
Netflix India rolls out its first digital brand film [Mint, New Delhi]
Genpact, and Singapore-based angel investor Evan Lim. Existing investors Hemant Kaul, former chief executive officer, Allianz General Insurance, and Ram Kumar Kakani, professor, XLRI, also participated in the round."/>
Medinfi raises $200,000 from Genpact, others [Mint, New Delhi]
Alphabet Inc.' s revenue growth in the second quarter, as it has for years now. Revenue at Alphabet--Google's parent firm, formed in 2015-- rose 21% to $21.5 billion in April-June from a year ago. Advertising revenue reached $19.14 billion, a 19% year-on-year increase."/>
Google continues to ride high on advertising in June quarter [Mint, New Delhi]
Ashok Leyland Ltd, resigned from the board of directors with effect from 28 July, the company said in a BSE filing on Friday. Seshasayee is also the non-executive chairman of Infosys Ltd and chairman of Indusind Bank Ltd.. Last year, the board of Infosys named Seshasayee, who was an independent director at the Bengaluru-based software services firm, as non-executive chairman, replacing K.V."/>
BRIEF: R. Seshasayee resigns from Ashok Leyland board [Mint, New Delhi]
Eads Furniture to close in August [Mail Tribune, Medford, Ore.]
Lexmark on Friday reported a second-quarter a net loss of $35.4 million, or a loss of 56 cents per diluted share, slightly worse than the same quarter of 2015.. Year-to-date, the business software and printing company reported a loss of $74.8 million, or net loss of $1.19 per share, compared to a $14.5 million loss, or a 24 cents a share loss, in the same six months of 2015.. Earnings adjusted for interest, taxes, depreciation and amortization were $114 million or..."/>
Lexmark posts second quarter loss of $35.4 million [Lexington Herald-Leader]
The Seattle Times Patrick Marshall column [The Seattle Times]
Cheesecake Factory and take home a free lasagna compliments of Carrabba's!"/>
Freebie Friday: Free beers, chicken wings, lasagna, popcorn and more! [Sun Sentinel]

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Most Popular Sectors in the News
Sectors Articles in the last 7 days
Financials956 Articles
Information Technology903 Articles
Consumer Discretionary756 Articles
Industrials600 Articles
Health Care598 Articles

Sponsored Financial Commentaries

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact , please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.