Jacquie Meyers, president of Meyers Transportation Systems, issued a plea to shippers and carriers attending the Surface Transportation Summit, to re-evaulate the tender process that she has commoditized the trucking business. "There are ...
Tags: Transportation, Auto
Cooper Tire's Roy Armes says the lawsuit against Apollo "is a necessary step in the process to assure that the terms of the merger agreement are met as required and that we do everything possible to get the transaction closed promptly." ...
The International Accounting Standards Board (IASB) issued the new IFRS 11 Standard in May 2011. This standard has been adopted by the European Union in April 2013, for application as from 01 January 2014 at the latest. On 30 September ...
On October 16th, Mike McCarron, the well-known former owner of MSM Transportation will team up with M&A guru Doug Nix for the much anticipated session "Mergers & Acquisitions in Transportation: How big are the opportunities?" at our ...
Tags: Transportation
Aluminium Bahrain (Alba) senior official said in spite of the LME aluminum prices in the doldrums recently, the company is still expected to achieve annual growth target for 2013. MahmoodHashimAlKooheji, the directors in the Bahrain ...
Berkshire Hathaway’s P&C and life/health reinsurance arm General Re’s $72m settlement with AIG’s investors has won a final approval by a US federal judge, which charged the firm for involvement in a fraudulent transaction ...
Tags: life/health reinsurance
Consumer goods giant Dorel Inds. said declines across all three of its operating segments resulted in overall revenue and earnings decreases for the second quarter of the year. The company's bright spot was its home furnishings segment, ...
Tags: Furniture, Furnishing
PPG Industries, Inc. announced it has reached an agreement to divest its 51 percent interest in Transitions Optical to Essilor International, which currently holds a 49 percent interest in the venture. Transitions Optical is a global ...
Tags: PPG, Construction
Lectra’s Board of Directors, chaired by André Harari, reviewed the consolidated financial statements for the first half of 2013, after a limited review by the Statutory Auditors. Highlights: Revenues: €99.2 million ...
AIXTRON SE, a leading provider of deposition equipment to the semiconductor industry, today announced revenues of EUR 45.3m for the second quarter of 2013, representing a quarterly sequential increase of 13 percent compared to EUR 40.2m in ...
Removing a significant barrier to wider adoption of energy efficient lighting, Hubbell Lightingtoday announced a creative financing solution called "Cash Flow Positive." The initiative provides flexible and easy access funding for ...
Tags: Hubbell Lighting, Lights, Lighting
China Specialty Glass AG ("CSG"), holding company of one of the largest producers of security glass in China, looks back on another successful financial year 2012 with high growth in revenues and earnings. -Revenue growth by 47.9 per ...
Tags: Specialty Glass, Strong Growth
The 2012 financial results of China Specialty Glass AG ("CSG"), holding company of one of the largest producers of security glass in China, are impacted by a negative one-off effect of 12.5 million Euros. This one-off effect resulted ...
Tags: Glass, Construction, Decoration
Ermenegildo Zegna was one of the first luxury brands to set up shop in China, 21 years back, a decision that yielded rich dividends. Now with the new Lagos (Nigeria) store launch on 17th April 2013, Zegna is all set to expand into the ...
Tags: Ermenegildo Zegna, Apparel
Despite the global negative trend, that is likely to have an impact on the luxury industry in 2013, the Group will continue to invest to expand its retail network and to promote its brands, also in new African and Asian markets. ...
Tags: Retail, Apparel, luxury industry