Chinese dairy maker Yashili International Holdings Ltd. (SEHK: 1230) is said to be acquired by China Mengniu Dairy Co., Ltd. (SEHK: 2319). Sources said recently that it would be acquired by Mengniu and on June 13, the buyer and it each ...
Tags: dairy, Agriculture, Food, Mengniu, Yashili
Global healthcare company Abbott has permitted a new share repurchase program, valued at $3bn. The company gave nod for the repurchase from its common stock, which is believed to replace the company's previous $5bn program declared in ...
Is the New Zealand equity market a bubble? With global short-term interest rates at close to zero and a number of central banks pumping liquidity into markets as fast as their printing presses allow, there are clear signs that asset bubbles ...
Tags: Paul Glass, Construction
Taiwan-based LED packaging house Unity Opto has reported 2012 consolidated revenues of NT$7.74 billion (US$259 million), showing a sequential increase of 33%, and net profits went up by 100% on year to NT$77 million. The firm plans to deal ...
Tags: Opto Profits, Lighting
The Australian share market has closed strongly, posting its biggest gain in a single day so far this year. Strong overnight gains in US stocks after positive retail and jobless data and reports suggesting stimulus measures there were not ...
Tags: Stock Market
Hudson's Bay Company reported its results for the 13-week period ended May 4, 2013 (the "first quarter"). The first quarter was characterized by strong same-store sales growth at Hudson's Bay, partially offset by a low single digit ...
Tags: Hudson's Bay, Apparel
Taiwan-based green energy firm Delta Electronics held a shareholders meeting on June 7, 2013, during which it decided to deal out 2012 cash dividend of NT$5.3 (US$0.18) per share. Delta reported 2012 consolidated revenues around ...
Tags: LED lighting, Light, taiwan
US-based food company J. M. Smucker has reported that its net earnings increased by 25% to $130.3m for the fourth quarter of 2013 , compared with $104.1m for the same quarter in 2012, reflecting higher margins, despite a slight decline in ...
Tags: Net Income, Agriculture
THE stockmarket extended weekly losses to 3.8 per cent as materials dragged the benchmark to a fresh low since January, with investors sitting on their hands ahead of crucial US jobs data that could heighten calls for an early tapering of ...
Tags: Service
The board of Dell has backed its founder's bid for the company in partnership with venture capital firm Silver Lake. A special committee set up by the company has recommended Michael Dell's bid, rejecting an alternative offer from ...
As the time for a shareholder vote draws near, the Dell special committee weighing competing bids for the company said Wednesday that a plan from investor Carl Icahn and Southeastern Asset Management comes up short by billions of dollars. ...
Tags: Dell, Icahn Bid, Wall Street
Hindusthan National Glass and Industries Ltd (HNG) has posted a net loss of Rs 84 crore in Q4 FY13 against a net profit of Rs 31 crore in Q4 FY12. For the full year, the country’s largest container glass maker posted a net loss ...
Hindustan Petroleum Corporation Limited has registered gross sales of Rs. 2, 15,675 crores for the year 2012-13 as against Rs. 1, 88,131 crores in the previous year representing an increase of over 14.6 %. The sales of petroleum products ...
Bhartiya International Limited, India's leading fashion and lifestyle house, announced 48.70% rise in net sales to Rs 59 crore for Q4FY13 compared to Rs. 39.7 crore in the corresponding quarter of FY12 Highlights: Q4FY13 vs. Q4FY12 ...
George R Hoguet, General Manager and global investment strategist of State Street Global Advisors said that China economy growth in the next half year will be almost the same as the first one's, maintain 7.5%. China economy has achieved a ...
Tags: Soft Landing, China Economy