Following on the 2012/2013 investment program and the resulting enhancement of its global presence, Rieter is setting new priorities in the implementation of its strategy, among which includes growing faster than the market. Rieter said ...
Dow Chemical said it will reconfigure and reduce its equity base in the MEGlobal and Greater Equate joint ventures, including Kuwait Olefins Company (TKOC) and Kuwait Styrene Company (TKSC). This reduction, Dow said, will be done through ...
Tags: petrochemical products, Qurain Petrochemical Industries, Textile
Stanley Furniture Company, Inc. has recently announced that John D. "lan" Lapey has been elected to its Board of Directors effective October 24, 2014. Ian Lapey is a private investor and most recently a partnet with Third Avenue ...
Tags: Stanley Furniture, Furniture
Two-thirds of the world’s largest companies are reporting exposure to water risks, some of which have potential to limit growth. The news comes amid mounting shareholder concern around the business impacts from water scarcity, ...
Tags: Water Risk, water management data
Brazilian juice maker Cutrale and investment firm Safra Group have agreed to acquire American banana producer Chiquita Brands International, in a $680m deal. A definitive merger agreement to this effect was signed between Cutrale-Safra ...
Tags: Chiquita Brands International, Acquire, Food
Emcore Corp of Albuquerque, NM, USA, which makes compound semiconductor-based components and subsystems for the fiber-optic and space solar power markets, has entered into a definitive purchase agreement for NeoPhotonics Corp of San Jose, ...
Tags: Tunable Laser, Transceiver Product
Red ink was splashed across all financial parameters, including revenue and net loss at womenswear apparel retailer The Wet Seal in the fiscal second quarter ended August 2, 2014. The Net sales were down 11.2% to $121.2 million in the ...
Tags: Apparel, Textile, Womenswear
JDSU of Milpitas, CA, USA says that its board of directors has unanimously approved a plan to separate JDSU into two independent publicly traded companies: An optical components and commercial lasers company (CCOP), consisting of JDSU's ...
Even though graphite companies have been ever increasing blips on investors’ radar screens over the past couple of years, the space got a massive visibility and validation boost when the already iconic Tesla Motors announced its ...
Tags: Graphene, Panasonic, Electrical
Australia-based Pacific Brands today said that it has entered into an agreement to sell its Workwear business to fellow Aussie company - Wesfarmers Industrial and Safety (WIS), a division of Wesfarmers Limited. The sale has been done at ...
Tags: Pacific Brands, Workwear Business, Apparel
Brunswick Corporation has agreed to sell its Retail Bowling business to Bowlmor AMF for $270 million, contingent upon customary closing procedures. Brunswick also announced its intention to divest its Bowling Products business. Brunswick is ...
Tags: Brunswick Corporation, AMF, Sporting Goods
Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods
Lululemon Athletica inc. Founder Dennis J. (Chip) Wilson has agreed to sell half his shares in the apparel maker equal to a 13.85 percent stake of the company to Advent International for approximately $845 million. The transaction has ...
Tags: Lululemon, Shares, Sporting Goods
Alliant Techsystems Inc. filed a registration statement Wednesday with the Securities and Exchange Commission to spin off its hunting and shooting sports business to shareholders as a new stock trading under the name Vista Outdoor Inc. ...
Tags: Alliant Techsystems, registration statement, Sporting Goods
The medtech jobs picture looked rosy in 2013, with the top 15 device makers in hiring mode, according to an EP Vantage report out this week. Excluding pharmaceutical spinoffs, these companies expanded their collective workforce by 6%, the ...
Tags: Medtech Jobs, Health, Medicine