Lassonde Industries has entered into an agreement to increase its stake in Clement Pappas and Company (CPC), a leading private brand supplier of cranberry sauces and beverages, from 70.7% to 84%. The deal is valued at $21.2m. Lassonde has ...
Tags: Lassonde, Clement Pappas
On May 22, Guangdong Province-based Chinese steel producer SGIS Songshan Co., the listed subsidiary of Chinese steelmaker Shaoguan Iron and Steel Co., announced that its planned non-public share offering has been approved by China ...
For first-quarter 2013, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components enabling high-speed end-to-end information streaming over optical fiber and wireless networks) has ...
Tags: GigOptix, Electrical, Electronics
As of May 20, inventory of iron ore at 25 major Chinese ports amounted to 72.49 million mt, indicating an increase of 585,000 mt or 0.81 percent on week-on-week basis, as announced by China's Xinhua News Agency. As of the same date, the ...
Tags: Iron Ore Inventory, Chinese Ports
A plan proposed by Carl Icahn and Southeastern Asset Management last week as an alternative to Michael Dell's proposal to take his namesake company private would leave it short of cash, Dell's board warned the bidders on Monday. It wants ...
Tags: Dell Board, Icahn Bid Could
The Board of Directors of TXT e-solutions, chaired by Mr Alvise Braga Illa, approved the first quarter financial results for the period ended 31 March 2013. Highlights: - Consolidated Revenues: € 13.2 million (+13.8%), 51% from ...
Tags: TXT E-Solutions, Textile
Hampshire Group, Limited announced its results for the first quarter ended March 30, 2013. Net sales for the 2013 first quarter were $19.9 million compared to $22.6 million in the first quarter of 2012. The loss from continuing operations ...
Tags: Hampshire Group, Apparel
Basque region, Spain-based seamless stainless steel pipe producer Tubacex has announced its financial results for the first quarter of the current year. Net profit totaled €3.53 million in the given quarter, tripling the net profit ...
Tags: Basque region, Net Profit
(Left to right): Orbis Partners partner James Grenfell, Abacus finance director Steve Banks, Abacus managing director Steve Lamb and Orbis Partners director Toby Arrowsmith Abacus Lighting has been sold to a group of industrialists and ...
Tags: Abacus Lighting, Lighting
Gerdau reported Tuesday net revenue of R9.2 billion (US$4.6 billion) in Q1 2013 while shipments reached 4.6 million tons and steel production was 4.4 million tons. Net income was R160 million (US$79.6 million) in the quarter, a 60 percent ...
Anhui Province-based Chinese steelmaker Ma'anshan Iron and Steel (Masteel) has announced that plans to issue medium-term notes worth RMB 1 billion ($161 million) on May 10. The period of issuance of the medium-term notes is three years, ...
Tags: Masteel, Medium-Term Notes
Xinjiang-based Chinese steelmaker Bayi Iron and Steel Co. (Bayi Steel), a subsidiary of Chinese steel giant Baosteel Group, has announced that on May 14 it will issue short-term bonds worth RMB 1 billion ($161 million) in a third-phase bond ...
Tags: Bayi Steel, Short-Term Bonds
Guangzhou Province-based Chinese pipe producer Panyu Chu Kong Steel Pipe Co. has announced that, for the purpose of increasing working capital and repaying debts, it will issue short-term bonds worth RMB 200 million ($32 million) on May 9. ...
Tags: Steel Pipe, Mineral
Bauer Performance Sports Ltd. announced that it has closed the acquisition of substantially all of the assets of Combat Sports ("Combat"), a leading designer of composite baseball and softball bats, hockey sticks and lacrosse shafts. This ...
Tags: Bauer Performance, Combat Sports
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported selected financial metrics and business highlights for first-quarter 2013 (excluding revenue and earnings, due to the firm's ongoing ...