Genesco Inc.’s stock has tumbled by 12%, closing at $25.88 after the company announced disappointing results for its fiscal second quarter. The footwear retailer, known for brands like Journeys and Schuh, experienced a dip in sales, driven by cautious consumer behavior and increased promotional activity. Genesco reported that its sales fell slightly to $525.2 million, […]
In a weekend marred by severe weather, Central Tennessee residents and emergency workers face a daunting cleanup from destructive storms and tornadoes. The calamity left six people dead, numerous injured, and wreaked havoc on buildings, vehicles, and power lines. Montgomery County, 50 miles northwest of Nashville, suffered a direct hit from a tornado, resulting in […]
In a harrowing night that will be etched in the memories of Tennesseans, deadly tornadoes wreaked havoc in Nashville and the town of Clarksville, resulting in the tragic loss of six lives, including two adults and one child in Clarksville. The calamity unfolded on Saturday evening, leaving a trail of destruction, heartbreak, and an overwhelming […]
In a horrifying display of nature’s fury, at least six people have perished following a series of severe tornadoes that ripped through parts of Tennessee on Saturday. The catastrophe has left communities in a state of shock and grief, grappling with the aftermath of the destructive twisters. Montgomery County, Tennessee, was among the hardest hit, […]
Brown Gibbons Lang & Company (BGL) has announced the sale of Guardian Access Solutions, an industry leader in complete access control solutions and a portfolio company of Brixey & Meyer Capital (BMC), to CenterOak Partners, a private equity firm based in Dallas. BGL’s Services investment banking team served as the lead financial advisor to Guardian […]
Mobilitie, a US communications infrastructure provider set to rebrand as Boldyn Networks, has partnered with AEG Global Partnerships to deliver high-speed, ubiquitous 5G connectivity to Nashville Yards’ upcoming cutting-edge music venue in Nashville, Tennessee. The collaboration aims to enhance Nashville’s vibrant music scene by bringing more intimate entertainment events to the city’s epicenter. Scheduled to […]
Arthur J. Gallagher & Co. said that it has acquired Anderson Benson, a retail insurance broker and risk management firm, based in Nashville, Tennessee for an undisclosed price. Established in 2012, Anderson Benson is said to have expertise in the entertainment niche expertise. It also specializes in hospitality, transportation, construction, and private clients across the […]
Sandvik has wrapped up the previously announced acquisition of the assets of Peterson Tool Company (PTC) an American supplier of machine-specific custom insert tooling solutions. The financial terms of the deal were not disclosed by the Swedish engineering firm. Based in Nashville, Peterson Tool Company offers custom carbide form inserts for high-production grooving and turning […]
Sandvik, a Swedish engineering firm, has agreed to acquire the assets of Peterson Tool Company, a US-based supplier of machine-specific custom insert tooling solutions, for an undisclosed price. Peterson Tool Company’s products include custom carbide form inserts that are used in high-production turning and grooving applications, mainly within the automotive and general engineering segments. It […]
H5 Data Centers has acquired seven data centers across the US from vXchnge for an undisclosed price. According to the edge data center and carrier hotel provider, the data centers are located in Nashville, Pittsburgh, Philadelphia, Secaucus (New Jersey), Portland, St. Paul, and St. Louis. Through the acquisition, H5 Data Centers adds more than 250,000 […]