For second-quarter 2015, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has reported a fifth consecutive quarterly revenue increase, ...
In line with its strategy to focus its consumer board offering on high quality virgin fibre products, Stora Enso has sold its Barcelona mill, which produces recycled fibre based consumer board, to private equity fund Quantum. “The ...
Tags: virgin fibre, recycled-fibre
Revenue for the three months to June 30, 2015 at speciality chemicals producer Eastman Chemical Company rose 3 per cent year over year. “Revenue for the second quarter of 2015 amounted to $2.5 billion, up 3 per cent over the same ...
Tags: turbine oil, chemicals
Microwave and semiconductor devices supplier M/A-COM Technology Solutions Holdings (MACOM) has inked a pact to divest its automotive business to safety systems firm Autoliv in a deal valued at $100m. MACOM's automotive operations ...
Tags: auto parts, auto accessories
For fiscal third-quarter 2015 (ended 31 May), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $3.5m, down 23% on $4.6m both last quarter and a year ago but at the mid-point of the $3-4m guidance range. ...
Tags: SemiLEDs, LED lighting
The Chemours Company, a global chemical company with market positions in titanium technologies, fluoroproducts and chemical solutions, announced the completion of its spin-off from DuPont and its launch as an independent, publicly traded ...
Tags: coating, paint pigment, Additives bull, chemicals
Net revenues slipped 6 per cent year over year on a reported basis at denim jeans marketer Levi Strauss & Co. for the second quarter ended May 31, 2015. Net revenues declined six per cent to $1.01 billion on a reported basis in the second ...
Tags: Levi Strauss, denim jeans
US retailer and NASDAQ listed Dollar Tree, Inc said it has completed the acquisition of Family Dollar Stores, Inc., also a retailer offering name brands and quality, private brand merchandise. The combined entity will have sales exceeding ...
Tags: Dollar Tree
Having equipment that lets you remain competitive is just as important to manufacturers as being innovative with your products. Having reliable coding and labelling equipment that doesn’t cause downtime (read “losing ...
Tags: innovative products
US-based diversified product firm Curtiss-Wright has disposed of assets and liabilities of its Engineered Packaging, erstwhile Hybricon, to custom engineering systems provider Atrenne Integrated Solutions, a wing of RFE Investment Partners. ...
Tags: Electrical products, Curtiss-Wright, household goods packaging
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA says that its board of directors has approved the following: a restructuring of the LED Products business; a $500m stock buyback authorization for fiscal 2016; and the ...
Tags: Cree LED, LED chip, ASP Erosion
Despite an Australian economy growing at a moderate 2.3 per cent according to March quarter figures released by the ABS this month, the latest data on trade payments reveals that businesses are paying their invoices at the fastest rate on ...
Tags: Australian economy, payment times
GT Nexus and trade finance solutions provider SeaburyTFX announced today a new funding program that leverages big data on the GT Nexus platform to deliver suppliers access to low cost capital. The program opens the flow of capital into ...
Tags: GT Nexus Tool, SeaburyTFX
Ascena Retail Group and Ann Inc entered into a definitive merger agreement under which Ascena will acquire Ann Inc for a combination of cash and stock in an accretive transaction. Upon closing, Ann Inc stockholders will receive $37.34 in ...
Tags: Ascena, Women's Apparel
South African retail heavyweight Christo Wiese through his private equity vehicle Brait SE has acquired 90 per cent stake in UK fast fashion apparel retailer New Look. Brait SE has acquired the stake for £780 million, primarily ...
Tags: Brait, Apparel Retailer, Apparel