Coveris Holdings, a portfolio company of funds advised by Sun Capital Partners, announced that it has received the necessary consents to certain proposed amendments to Coveris’ existing senior secured term loan facility, which will ...
Tags: Coveris Holdings, term loan
Avery Dennison Corporation announced preliminary, unaudited results for its second quarter ended 2 July 2016. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise ...
Tags: Avery Dennison
Flavours Place, an online marketplace selling coffee and tea collections, will now allow users to buy exotic coffee and tea blends directly from farms using Bitcoin. Flavours Place is dedicated to all the coffee and tea lovers and ...
Grocery wholesaler, Metcash, has turned its profits around announcing a AUD$216.5 million profit after tax for the 12 months ended 30 April 2016. This is a vast turnaround on its AUD $384.2 million loss it reported for the prior 12 month ...
Tags: grocery wholesaler, ASX
Barclays has officially launched its answer to Android Pay via an upgrade to its Android app. The bank previously declined to join Google's NFC payment service, which launched in the UK this May, and has kept its own service fairly quiet ...
The amount of non-cash payments in China in the first quarter rose 7.1 percent year on year, according to a central bank report released on Tuesday. The amount of money involved in non-cash payments,including commercial papers, bank cards ...
Following Fonterra’s recent announcement that it plans to introduce a market-linked organic milk price for its organic milk farmers, the Co-operative has forecast an opening market-linked organic milk price of $9.20 per kg milk solids ...
Nissan Motor is reportedly in talks with to acquire a one-third stake in Mitsubishi Motors for about JPY200bn ($1.8bn). The talks are in preliminary stages and have not been finalised. The companies are discussing several matters ...
Tags: Mitsubishi Motors, Nissan Motor
Sports Authority Inc. pushed back the planned bankruptcy auction from April 25 to May 16 amid “substantial” interest from several potential bidders. A report from Reuters also indicated that both Dick's Sporting Goods and ...
Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, Bankruptcy
The global transaction services organization SWIFT says the Chinese currency is increasingly being used by financial institutions worldwide to settle transactions. The organization said the yuan remained the fifth most used currency for ...
Tags: SWIFT, Chinese currency
Reports on Monday suggest that Facebook is plotting to expand the Messenger app’s payment capabilities with an in-store option. Currently, some 800 million users of the standalone app are able to make personal payments, but The ...
Tags: Facebook, Messenger app, Apple pay
Yue Yuen reported revenues rose 5.3 percent to $8.43 billion in 2015, led by growth in its network of retail stores. Net pProfits grew 17.9 percent Highlights Revenue up 5.3 percent to US$8.43 billion for the year ended December 31, ...
Port of Brisbane needs a dedicated freight connection, Mr Abson said. The Infrastructure Association of Queensland is supporting the State Infrastructure Plan and is urging the Palaszczuk Government to fast-track funding to support its ...
Coles has been a focus of the TWU’s road transport campaign promoting ‘Safe Rates’. The Transport Workers’ Union has lodged an application at the road safety watchdog to force major retailers to pay transport ...
Tags: TWU, Coles, Safe Rates, Retail front