South Africa-based paper and packaging firm Mondi has signed an agreement with Graphic Packaging subsidiary Graphic Packaging International to acquire its bags and kraft paper business, for around $105m. As part of the deal, Mondi will ...
Tags: Bags, Graphic Packaging
"We had a good start to the year in our chemicals business and in the Agricultural Solutions segment. We sold more. This more than compensated for the negative effects on sales from the comparatively weak U.S. dollar and currencies in ...
Tags: Construction, Decoration, Chemicals, Oil, Gas
ConAgra Foods, Inc., one of North America's leading food companies, today reported results for the fiscal 2014 third quarter ended Feb. 23, 2014. Diluted EPS from continuing operations was $0.58 as reported for the fiscal third quarter vs. ...
Tags: Agriculture, Food
Quiksilver, Inc. announced financial results for the fiscal 2014 first quarter ended January 31, 2014. Fiscal 2014 First Quarter Review: The following comparisons refer to results of continuing operations for the first quarter of ...
Tags: Quiksilver, Apparel
Quiksilver Inc, the parent of Quiksilver, Roxy and DC Shoes, reported revenues declined 4.6 percent in its first quarter ended Jan. 31, to $393 million compared with $412 million a year ago. Revenues were down 2 percent, or $9 million, in ...
Tags: Sporting Goods, Recreation
BASF increased sales and earnings in 2013 compared with the previous year. “2013 was again a demanding year, with a lot of headwind for our industry. Nevertheless, we achieved our goal: We sold more, worked more closely together with ...
Tags: BASF, Construction Coating
Cost control and the changing face of competition from natural gas emerged as major themes facing the coal industry as the CoalTrans USA conference wrapped up Friday in Miami. While long-term forecasts for US coal production split between ...
Tags: Cost Control, Natural Gas
DuPont announced fourth quarter 2013 operating earnings of $.59 per share compared to $.20 per share in the prior year. GAAP earnings from continuing operations were $183 million or $.19 per share, versus $4 million or zero per share last ...
Auto parts manufacturer Johnson Controls has entered into a definitive agreement with Visteon to offload its automotive electronics business for $265m. As a part of the deal, Visteon will acquire Johnson Controls' instrument cluster, ...
Tags: Automotive Electronics, Visteon
American commercial vehicles manufacturer Supreme Industries is set to sell its shuttle-bus business. The company manufactures truck bodies to the specifications of its customers. It also manufactures armored vehicles and trolleys. ...
Tags: Shuttle-Bus, commercial vehicles
Supreme Industries Inc., a manufacturer of specialized truck bodies, armored vehicles and trolleys, intends to divest its shuttle-bus business, the company reported. Supreme's shuttle-bus products represent less than 12% of consolidated ...
EnerVest, Ltd., and its affiliates today announced they have entered in to a binding agreement to sell assets in the Permian Basin to QEP Energy Company, a wholly owned subsidiary of QEP Resources, Inc., for $950 million. The divestiture ...
Tags: EnerVest, Basin Sale
Fortegra Financial Corporation (NYSE: FRF), announced today that it has reached a definitive agreement to sell Bliss & Glennon, an excess and surplus lines wholesale insurance broker and managing general agency, and eReinsure, an online ...
Tags: Service
Dow Chzemical will shut the equivalent of about 800,000 mt/year of chlorine and caustic soda capacity in Texas and divest chlorine derivatives assets with a value of up to $5 billion, it said Monday. The divestment includes about 40 ...
Tags: Dow Chzemical, Chemicals
ConocoPhillips (NYSE: COP) today announced it has completed the transaction with Pertamina for the sale of its Algeria business unit for a total sales price of $1.75 billion, which resulted in proceeds of $1.65 billion, including customary ...
Tags: Metallurgy, Mineral, Energy