American food company Kraft Foods has outlined the strategic growth priorities for its snacks business,which will be known as Mondelēz International after the company spin-off its North American grocery business in October 2012. ...
Tags: Kraft Foods, snacking company, revenue
In response to the ongoing challenging market situation in the photovoltaic sector, Meyer Burger Technology Ltd. is further expanding its current consolidation and optimisation programme. Since the beginning of 2012, the company has ...
TORONTO --- Even though Sears Canada narrowed its net loss by almost half despite falling sales in the third quarter, its CEO said it's taking too long to implement his turnaround plan for the multi-channel retailer. Revenues for the 13 ...
Tags: furniture
Sony has given investors a more accurate breakdown of the 10,000 job cuts it announced earlier this year. The company admitted it would be slashing the workforce at its Japanese headquarters by 20%,along with 20%of its home entertainment ...
Tags: Sony, job cuts, Minokamo, mobile handsets
Nationwide retailer Postie Plus Group Limited (PPGL) reported a normalised full year net profit of $493,000 before one off restructuring costs (net loss of $183,000 including one off costs) relating to the sale of ...
Tags: New Zealand, Apparel, PPGL
Fonterra,the New Zealand dairy group,put in a"strong operating performance"in the last year,its CEO said today(26 September)after announcing a cut in the payout to its farmer-owners. Theo Spierings pointed to a 2%increase in normalised ...
Tags: farmer-owners, restructuring costs, prices
Nokia today confirmed it would be cutting another 10,000 people from its global workforce in an attempt to bring down costs. The struggling phone company will also close a number of its research and development sites across Germany and ...
Tags: Nokia, global workforce, struggling phone company, competitive strength