Premium Brands, a producer, marketer and distributor of branded specialty food products, announced its results for the third quarter of 2014. * Revenue for the quarter increased by 15.2% to $330.4 million as compared to $287.0 million for ...
Tags: Premium Brands, Adjusted EBITDA, Agriculture
New York-based Rand Capital Corporation has teamed up with Buffalo Angels, LLC and few independent investors to pump $720,000 in Grainful, a privately-held food company. Grainful manufactures frozen entrées from oats in the ...
Following on the 2012/2013 investment program and the resulting enhancement of its global presence, Rieter is setting new priorities in the implementation of its strategy, among which includes growing faster than the market. Rieter said ...
In the third fiscal quarter ending September 27, 2014, despite posting revenue growth of 21.22% year-on-year, NASDAQ-listed manufacturer of carpet and rugs – The Dixie Group, reported loss from continuing operations. In the quarter ...
Tags: manufacturer of carpet, rugs, Textile
Iconic denim apparel marketer - Levi Strauss & Co has partnered with IFC, a member of the World Bank Group to provide financial incentives for garment suppliers in developing countries. This new supplier finance program, which was ...
Tags: denim apparel marketer, Global Trade Supplier Finance, Apparel
Bangladesh based, Far East Industries Ltd will set up the country’s first compact yarn manufacturing facility. “The plant to be set up in Habiganj will be operational in 18 months at an approximate investment of Tk 150 ...
US based apparel retailer and NYSE listed, Macy’s said its third fiscal quarter ending November 1, 2014, earnings per diluted share jumped 30 per cent from the year ago period, to 61 cents. Total sales in the third quarter of 2014 ...
Tags: apparel retailer, Total sales, Apparel
East Africa is undergoing a major transformation to become a new world-class player on the energy market. By 2025, east Africa is expected to experience an incremental production growth of nearly one million barrels per day (b/d), led by ...
Tags: energy market, Hydrocarbon
Lassonde Industries posted sales of $315m in the third quarter of 2014, a 22.3% increase year over year. Profit attributable to the Company's shareholders for this period totalled $10.6m, down $0.6m from the third quarter of 2013. "Our ...
Tags: Financial results, Apple&Eve, Agriculture
China's economic growth will moderate further in the next two years as domestic demand is weakened by the property downturn, UBS has forecast. "We forecast China's GDP growth to slow to 6.8 percent in 2015 and 6.5 percent in 2016. This ...
Tags: economic growth, domestic demand
The high level of government savings deposits could prove detrimental to long-term economic growth, even as concerns mount over ballooning local government debt in China, a report said on Wednesday. Total bank deposits held by government ...
Strava, the online network connecting the global community of athletes, has partnered with Sequoia and secured $18.5 million in financing. Existing investors Sigma West and Madrone Capital Partners also participated in the round. This ...
Tags: Strava, digital sports
The UK Green Investment Bank (GIB) is financing energy efficiency improvements at the Royal Brackla Distillery, run by John Dewar & Sons, in Nairn, Scotland. The funds will be utilized, among others, for the installation of a biomass ...
Tags: UK, Green Investment Bank, Food
Brunswick Corporation reported adjusted operating earnings increased 45 percent in the third quarter on a 13 percent revenue gain. Fitness segment sales, including Life Fitness, and Marine Engine segment revenues, each grew 11 percent. Boat ...
Tags: Brunswick, Marine Engine
Steel Dynamics, Inc. announced Monday third quarter 2014 net sales of $2.3 billion and net income of $91 million, or $0.38 per diluted share, which includes the negative impact of approximately $0.09 per diluted share related to acquisition ...