News that Flowers Food has emerged as the "stalking horse" bidder for various Hostess Brands bread brands in the US caught our attention this week. Meanwhile, an entirely different kind of horse got tongues wagging on this side of the pond ...
Tags: Flowers Food, interview, just-food
The Australian dollar was almost half a US cent lower after investors sold off the currency on Friday night in response to Chinese inflation figures. At 6.30am AEDT the Australian dollar was trading at 105.39 US cents, down from 105.82 US ...
Tags: Australian Dollar, Chinese inflation figures, currency, economy
Lots of people taking photos and videos with their smart phones, but that doesn't mean cameras are going anywhere. They are evolving, however, and we expect to see innovative new models on display at CES in January. Some digital cameras ...
Tags: Cameras, Camcorders, industry view, phone camera
The trade deficit for November widened to $2.6 billion, from $2.4bn in October, the Australian Bureau of Statistics said. That was the biggest monthly shortfall since March 2008 and wider than analysts' expectations of $2.3bn. At 5pm AEDT ...
Tags: trade deficit, Australian Bureau of Statistics, Australia
The West Australian cited Mr Richard Mehan MD of Grange as saying that the combination of market speculation over a future acquisition and the recent iron ore price rally has provided Grange Resources with an overdue market revaluation. ...
Tags: Metallurgy, Mineral, iron ore, market conditions
In Volume 5,Issue 1 of Prime magazine,Jonathan Tulkoff,the president of Uniwire International Ltd.discusses the current situation and future prospects for the import/domestic dynamic in the US wire rod market. The end of 2011 was marked ...
Solar wafer prices to fluctuate in May,says industry source Nuying Huang,Henan;Jackie Chang,DIGITIMES[Friday 11 May 2012]China's solar industry has been hit hard by oversupply in the market.Some firms are reportedly using shipments to repay ...
But the infrared imaging company increased earnings despite sharp year-over-year contraction in sales. Electrical fault? The CEO of FLIR Systems has described the thermal imaging company's second financial quarter of 2012 as"extremely ...
Tags: FLIR Systems, infrared imaging, profit, cost-saving, Optic
Organic LED materials specialistUniversal Display Corporation (UDC) has slashed its sales guidance for 2012, blaming push-outs of OLED TV production for the shortfall. Nearly one-third of the stock value of New Jersey-based UDC was lost ...
Tags: Organic LED, sales, OLED TV production, company news
People in the UK are set to be hit hard in the pocket once again by energy producers in the country. Indeed, EDF Energy is set to increase its prices this Friday (December 7th) by 10.8 per cent for gas and electricity. The average ...
Tags: LED ceiling lights, greener lights, energy producers, increase prices, gas
During Apogee Enterprises Inc.'s Analyst and Investor Day in New York City today, senior management attributed the company's return of profitably in a down market to the increase of its architectural backlog. Jim Porter, chief financial ...
Tags: Apogee Enterprises Inc, down market, architectural backlog
Tesco is "likely" to quit the US, CEO Philip Clarke admitted today (5 December), after the UK's largest retailer confirmed it is reviewing its options for its Fresh & Easy business in the country. Clarke said Tesco was "considering all ...
Tags: Tesco, quit, hit hard, unprecedented crisis
Plans to use electronic voting machines in Tuesday's presidential election appear to be largely unaltered in states that were hit hard by Hurricane Sandy. Despite widespread power outages and other hurricane related damage,election ...
Tags: electronic voting, DRE, Hurricane Sandy
NEW YORK -- Two days after a devastating Hurricane Sandy came ashore in New Jersey and wreaked havoc across greater New York, furniture retailers in the area were reporting store closing disruptions, but no serious damage. However, those ...
Tags: furniture, Hurricane Sandy
NEW YORK -- A number of furniture retailers caught in the path of a devastating Hurricane Sandy are reporting store closings in New York and New Jersey, but initially no major damage. Manchester, Conn.-based Bob's Discount Furniture ...
Tags: furniture, Hurricane Sandy