Renesas has announced an early retirement programme for 7,511 employees. The company says it will"have little impact on on the Renesas Group's business operations including sales and production." Renesas has revenues of$10bn and 42,700 ...
Dutch food group CSM reported a decline in third-quarter profits today (25 October) as one-off costs hit earnings. In the three months to the end of September, EBITA fell to EUR20.9m (US$27.1m) from EUR28.3m a year earlier. One-off ...
French vegetable processor Bonduelle has booked an increase in full-year earnings, with sales growth outside of Europe offsetting weakness on the continent while cost cutting initiatives and lower financing costs boosted the bottom line. ...
Tags: vegetable processor, net income, Bonduelle
Robust, single-minded and colourful were three words that sprung to mind asCarrefour CEO Georges Plassat discussed his plans for the French retail giant yesterday (30 August). However, some investors would like a little less gloss and a lot ...
The long-awaited disposal of Metro's Real grocery chain in eastern Europe was finally announced this week, putting an end to months of speculation over the future of the division. French retail giant Auchan was the buyer, securing the ...
Tags: Aucha, Real grocery chain, Metro's Real, grocery
Ring Container has appointed the Energy and Sustainability division of Premier Alliance Group to implement cost cutting measures through Southern California Edison’s (SCE) automated demand response (Auto-DR) program. Incentives of ...
Tags: Ring Container, Cost Cutting Measures, consumer packaging
Laboratorios Casen Fleet, a Spainish niche pharmaceutical company, has deployed Cegedim Relationship Management's Mobile Intelligence solution for iPad as its Customer Relationship Management (CRM) platform in Spain and Portugal. The ...
Tags: Laboratorios Casen Fleet, CRM platform, Mobile Intelligence solution
Swedish bus, truck and construction equipment manufacturer AB Volvo has signed a letter of intent (LOI) with MAPE to sell its crankshaft plant located in Leganes, Spain, as a part of restructuring and cost-cutting plan. The LOI includes ...
Tags: bus, truck, construction equipment, AB Volvo, crankshaft
With four fine furniture stores in Toronto and more than 40 years of experience, family owned Arrow Furniture is dedicated to shopping the world over to bring customers the best traditional and contemporary furnishings. To ensure that ...
Tags: LED lamps, GE Lighting, dining room sets, area rugs, LED
Royal Bank of Scotland’s insurance arm Direct Line being demerged from the parent company is gearing up to slash about 900 employees, as a part of its 100m pounds cost-cutting drive. The auto insurer has drawn an outline to save the ...
Tags: demerge, Royal Bank of Scotland's insurance, Direct Line
Fuel oil consumption in power plants in Bangladesh will more than double to around 800,000 mt in the first half of 2013 from around 320,000 mt in H1 2012, a senior official at Bangladesh Power Development Board said Thursday. The ...
Huntsman Corporation reported third quarter 2012 results with revenues of $2,741 million and adjusted EBITDA of $401 million. Peter R. Huntsman, our President and CEO, commented: "Our third quarter 2012 Adjusted EBITDA of $401 million ...
Tags: Huntsman, polyurethanes, EBITDA, chemicals
DuPont Co. announced that it will eliminate 1,500 jobs after posting a smaller-than-estimated third-quarter profit DuPont reported third-quarter 2012 earnings from continuing operations were $0.32 per share versus $0.60 per share in the ...
When it comes to succeeding in business,Benjamin Franklin was right:a penny saved is a penny earned.The road to a healthy bottom line starts not with the money you earn,but with the money you never have to spend.Here are some easy ways to ...
Puma AG announces financial result of the third quarter and first nine months of 2012. Performance Third Quarter 2012 •Consolidated sales increase 6.0%in Euro terms •EBIT before special items decreases by ...
Tags: Sales, Puma, financial result