US baker Flowers Foods has reached an agreement with Hostess Brands to acquire its Wonder, Nature's Pride, Merita, Home Pride and Butternut bread brands for around US$360m. Flowers will also take on 20 of Hostess' bakeries and ...
Tags: US, baker, Flowers Foods, Hostess Brands
US food group ConAgra foods has appointed General Mills executive Greg Schlafer as president of its Lamb Weston division. Schlafer, who most recently served as VP of the bakeries and foodservice division for General Mills, will join the ...
Tags: ConAgra, food group, US, Greg Schlafer
Acuity Brands, Inc. (NYSE: AYI), a market leader in innovative energy-efficient lighting and control solutions, announced it has acquired the assets of Adura Technologies, Inc. (“Adura”), a leading developer of wireless controls ...
Tags: Acuity Brands, lighting and control solutions, Adura Technologies
CORNING, N.Y., January 07, 2013 – Corning Incorporated (NYSE: GLW) today will introduce Corning® Gorilla® Glass 3 with Native Damage Resistance™ at the International Consumer Electronics Show (CES) in Las Vegas this ...
Tags: Corning, Glass, glass composition, Corning Gorilla Glass
Shares of rare earth miner Molycorp Inc. (NYSE:MCP) were falling Thursday morning as the company’s president and chief executive, Mark Smith, left without explanation and the company revealed it was under investigation from the United ...
Tags: rare earth, Molycorp Inc, company news, mining
Tasman Metals Ltd. ("Tasman" or the "Company") (TSXV : TSM) (Frankfurt : T61) (NYSE MKT : TAS). Mark Saxon, President & CEO, is pleased to announce that the Company has entered into an agreement to acquire a 100% interest in three new rare ...
Tags: Tasman Metals Ltd, acquisition, rare earth, energy, mining
Los Angeles-based 1100 Wilshire projects annual energy savings of $17,000 through the installation of more than 700 Acculamp LED lamps. 1100 Wilshire, a 38-story luxury condo high-rise in downtown Los Angeles, installed more than 700 ...
Tags: North America, LED Lamp Acuity Brands, Luxury Condos, LED lamps
The chairman and CEO of US retailer Safeway Inc, Steve Burd, has announced his intention to retire. Burd, who joined Safeway in 1992 as president, will step down at the company's annual stockholders meeting on 14 May. The group said it ...
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China's competition officials are still weighing Dole Food Co's deal to sell its global packaged food and Asian fresh businesses to Japan's Itochu Corp, forcing the two firms to delay completion of the sale. Dole had hoped to sign-off ...
Tags: Dole Food Co, global packaged food, fresh businesses, company news
US discount retailer Family Dollar Stores has recorded first-quarter earnings that came in at the lower end of its guidance due to gross margin pressure and expense headwinds. In the three months ended 24 November, earnings amounted to ...
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Hillshire Brands has announced that Brian Davison has joined the company from Kraft Foods as VP of corporate strategy and development. Hillshire, formerly the North American meat business of Sara Lee, said Davison began his role on 2 ...
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It was a jittery session for stocks, with shares falling more than 1 percent after Senate Majority Harry Reid warned a deal was unlikely before the deadline, only to rebound merely on the news that the House would reconvene Sunday, ...
Tags: jittery session, ConvergEx Group, company news, stocks
Philips continues to bring innovative LED technology into the lives of millions by lighting the world-famous Times Square New Year's Eve Ball. New Year's 2013 marks the 13th consecutive year Philips has served as the official Lighting ...
Tags: Philips, LED technology, lighting, LED lighting
As the new chief information officer (CIO) at Carlson Wagonlit Travel (CWT) – the world's largest business travel management company – Kevin O'Connor is looking to bring in a new approach to the company's IT strategy to support ...
Tags: CWT, interview, IT, business travel management
Parts of New York City received mandatory evacuation notices from the mayor's office as Hurricane Sandy moved toward shore Monday. Along with other businesses in the city's financial district, the New York Stock Exchange voluntarily shut ...
Tags: NYC, Hurricane Sandy, Lower Manhattan, financial district