The Travelers Companies, a US-based P&C insurer has acquired The Dominion of Canada General Insurance Company from E-L Financial, to boost its business operations. The cash transaction was valued at nearly $1.1bn, subject to adjustment, ...
Tags: Insurance, E-L Financial
Fresh Del Monte Produce Inc. today reported financial results for the quarter ended September 27, 2013. The Company reported earnings per diluted share of $0.11 for the third quarter of 2013, compared with earnings per diluted share of ...
Tags: Fresh Del Monte
The international “Science Award Electrochemistry” from BASF and Volkswagen goes in 2013 to Dr. Karl Mayrhofer, work group “Electrocatalysis”, Max-Planck-Institut für Eisenforschung, Düsseldorf. The jury of ...
Tags: BASF, Volkswagen
ALTANA has completed the acquisition of the rheology business of Rockwood Holdings, Inc. With the acquisition ALTANA's sales are expected to reach approximatley €1.9 billion per year. In the context of the transaction ALTANA ...
Tags: Rockwood Holdings, Altana
Sequenom, a US-based manufacturer of DNA massarrays, has announced the submission of premarket 510(k) notifications to the US Food and Drug Administration (FDA) for its IMPACT Dx system and the IMPACT Dx Factor V Leiden and Factor II ...
Tags: Impact DX System, Sequenom
US personal lines insurer Allstate Insurance Company has won a court case that puts an end to fraudulent business and billing schemes carried out by unlicensed medical and chiropractic personnel. In a lawsuit filed in the Los Angeles ...
Tags: insurer, Fraud Lawsuit
UPM Raflatac has introduced a new permanent adhesive RP 30 XTRA for labeling wines, spirits and beverages. According to the company, RP 30 XTRA holds good adhesion on glass, which will enable smaller label sizes and more complex label ...
Tags: UPM Raflatac, Beverages
US based technology systems provider AeroVironment has secured a contract from the automobile manufacturers Fiat to be its full-service home charging partner. Under the deal, the systems provider will supply as well as install its ...
Tags: AeroVironment, Fiat
Toyo Tire & Rubber Co. Ltd. posted net income of 9 billion yen on net sales of 173 billion yen for the second quarter ended June 30, 2013. (The company shifted to calendar-year fiscal accounting as of 2013 from its previous April-to-March ...
Tags: Auto Parts, tyre
Compass Diversified Holdings, the parent company of Fox and CamelBak, reported that Fox sales over the first half of the year reached $125.2 million, an increase of 18 percent from a year earlier, whereas CamelBak sales dropped 9 percent to ...
Tags: Fox Sales
Alcatel-Lucent's second-quarter revenue grew 1.9 percent year on year, driven by strong growth in sales of IP networking equipment, one of the markets on which the company is pinning its future. However, the company reported a net loss of ...
US personal lines insurer Allstate has rolled out its new life insurance policy, dubbed as whole life advantage, which guarantees death benefits, cash values and premiums, in case of sudden demise of the policyholder. Underlining the ...
Tags: Allstate, Whole Life Insurance
Pfizer is planning for internal classification of its commercial operations into three business segments, which will include developed and emerging markets, in an effort to deliver value to consumers and patients. The three business ...
Tags: Pfizer, Commercial Businesses
In order to meet the ever-changing requirements of the customers and provide them with new imaging solutions as well as eco-friendly products, Ricoh India has announced its mega expansion plans through introduction of three new ...
Mondi Industrial Bags, a business segment of Mondi’s Europe & International Division, has introduced the new the SmartID Bag with a unique code. The code allows each party along the value chain, from the filler and the distributor ...
Tags: Mondi, Smartid Bag