HanesBrands announced that it intends to redeem the final $147.1 million of its Floating Rate Senior Notes due 2014, which will complete the retirement of approximately $300 million of floating-rate bond debt as planned in 2012. Hanes is ...
Tags: debt, HanesBrands, basic apparel
Everlight has received downgrade from "twA-" to "twBBB+" estimated by Taiwan Ratings Corp, which reflecting concerns about the balance sheet of the country's biggest LED chip packager over the next one to two years amid negative market ...
Tags: LED, Taiwan, lighting, everlight, Taiwan Ratings, downgrade
(i)Policy and Administrative Rules Catalogue of Related Laws Foreign Trade Law of the People's Republic of China Customs Law of the People's Republic of China Law of the People's Republic of China on Import and Export Commodity ...
Tags: Hebei province, survey, economy, investment
Chiquita Brands International has swung to a first-half loss as a drop in sales and higher sourcing costs hit profits. In the six months to the end of June, the US produce giant booked a net loss of US$6m compared to earnings of $102m ...
Tags: Chiquita Brands International, sales, sourcing cost, net loss
Chinese snack food firm American Lorain has reported mixed third-quarter results, with the bottom line hit by one-off items but operating profit increasing. Net income was down 25.7% to US$5.3m, mostly thanks to a gain the company ...
Tags: American Lorain, operating profit, sales, income, company news
Insteel Industries, Inc announced that its board of directors declared a special cash dividend of USD 0.25 per share on the Company's common stock payable on December 28th 2012 to shareholders of record as of December 19th 2012 The ...
Shares in Ocado surged this morning(19 November)as the UK online retailer said it had extended its debt facility and would raise GBP35.8m(US$57m)in a placing to fund expansion of the business. In an announcement today,the retailer said ...
Tags: Ocado, fund expansion, expenditure facility
Australian food manufacturer Goodman Fielder has agreed to offload its Integro commercial oils business to local grain trader GrainCorp. Goodman Fielder announced the A$170m (US$176.5m) deal today (28 August). The company, which is ...
Tags: Goodman Fielder, oils business, GrainCorp, Cargill
Unusual weather around the world, including the drought this summer in the US, has led Fonterra CEO Theo Spierings to forecast an increase in global dairy prices in the first half of 2013. Spierings also pointed to weather events in ...
Tags: dairy price, dairy industry, food industry, Spierings
Marfrig has reported higher quarterly profits as the Brazilian meat processor increased its focus on value-added products and disposals and lower financing costs boosted its bottom line. Net income in the first quarter of 2012 rose ...
Tags: Marfrig, higher quarterly profits, lower financing costs
Shares in Ocado surged this morning (19 November) as the UK online retailer said it had extended its debt facility and would raise GBP35.8m (US$57m) in a placing to fund expansion of the business. In an announcement today, the retailer ...
Tags: Ocado, online retailer, gross sales
US retailer Natural Grocers by Vitamin Cottage has said it expects to open 11 stores in the next 12 months. The Colorado-based firm, which listed in New York in July, had 59 outlets selling natural and organic groceries across 12 states ...
Tags: Natural Grocers, Vitamin Cottage, food store, food industry
Spanish food group Ebro Foods has recorded an increase in profit in the first nine months of the year driven by the integration of businesses acquired last year and innovation. Ebro posted a net profit of EUR110m (US$141.6m) in the ...
Tags: profit rise, Ebro Foods, acquisition, food industry
US food manufacturer Lancaster Colony has booked a drop in full-year profits. In the 12 months to the end of June, earnings slid 9.9% to US$95.8m. Operating profits in the period dropped 2.5% to US$143.3m. Lancaster's speciality foods ...
Tags: Lancaster Colony, full year profits, drop, food industry
Shares in Tyson Foods fell today (6 August) after the US meat giant lowered its forecast for annual sales and warned grain costs would weigh on profits in its next financial year. Tyson, which reported mixed third-quarter results today, ...
Tags: Tyson Foods, sahre, meat industry, grain cost, food industry