Otsuka Pharmaceutical has agreed to acquire Canada-based Daiya Foods which specializes in the manufacturing plant-based foods. The acquisition, reported at 405 million Canadian dollars, is expected to help increase Daiya's presence ...
Tags: Otsuka, plant-based foods
Sexy Tesla sports cars aren’t the only vehicles that deserve the battery treatment – drayage vehicles, school buses, garbage trucks and cargo haulers are also going electric. And the ranks of those medium- and heavy-duty ...
Tags: Heavy-Duty Truck, Truck
ICSH Parent, the parent company of Industrial Container Services, has announced that it has been acquired by funds advised by Centerbridge Partners, a leading private investment firm. Prior to this transaction, ICS was owned by affiliates ...
US-based food manufacturer Hormel Foods has entered into a definitive agreement to acquire Justin’s, a nut butter-based snacking brand for $286m. Justin's four nut butter-based snack lines include spreads, squeeze packs, peanut ...
Tags: Snacking Brand, Hormel Foods
Amplify Snack Brands has launched a public offering for 10,000,000 shares of the company’s common stock. All shares are being sold by existing stockholders, including certain directors of the Company. Amplify will not receive any of ...
Tags: Public Offering, Amplify Snack
Athletic brands continue to increase their share of what U.S. teenagers' spend on apparel, according to new research from the investment bank Piper Jaffray. Piper Jaffray's 31st semi-annual Taking Stock With Teens research survey found ...
Tags: Athletic brands, Piper Jaffray
Wayfair, one of the world’s largest online destinations for home furnishings and decor, today announced the pricing of its initial public offering of 11,000,000 shares of its Class A common stock at a price to the public of $29.00 per ...
Tags: Wayfair, IPO Pricing
Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced that J. Michael Daniel, Senior Vice President and Chief Financial Officer, will present at the Piper Jaffray Consumer Conference on June 11, 2014 at the Palace Hotel in New York, NY ...
Tags: Furniture, Furnishing
Crocs, Inc. announced that Blackstone Group LP is making a $200 million investment that will give the private equity firm a 13 percent stake in the shoe company. Crocs also said late on Sunday that John McCarvel, its CEO, plans to retire in ...
Tags: Crocs, Blackstone Group LP, investment, John McCarvel, retirement
Faced with slumping sales, Solta Medical (Hayward, CA) may be looking for a suitor. The aesthetic medical device manufacturer may cut jobs or put itself up for sale in an effort to improve its finances. Solta focuses on devices for skin ...
Tags: Solta Medical, slumping sales, suitor
ArthroCare, a US-based surgical devices, instruments, and implants manufacturer, has completed the purchase of ENTrigue Surgical, a privately held Delaware firm, in an all-cash deal of $45m. ENTrigue is involved in the designing and ...
Tags: Arthrocare, Entrigue Surgical
Restoration Hardware today announced an offering of 7.5 million shares of its stock by existing stockholders, with the sellers granting the underwriters an option to purchase another 1.125 million shares. None of the proceeds will go to ...
Tags: Restoration Hardware, Furniture, Furnishing
Apple sold approximately 38 million iPhones in the first quarter, an 8% increase over what it sold in the same quarter a year ago, an analyst said today. Brian Marshall of the ISI Group said today he was sticking with his estimate of 38 ...
Tags: Computer Products, software, apple
Apple's U.S. retail Mac sales were up for the first month of the quarter, but not to the extent recently claimed by a Wall Street analyst, the NPD Group said today. Earlier this week, Piper Jaffray analyst Gene Munster, citing NPD data, ...
Tags: Apple, Mac sales, company news
US frozen-food firm Overhill Farms has seen its first-quarter profits slide after a shift in product mix, less favourable commodity prices and increased costs weighed on margins. Alongside the results, Overhill revealed it was in talks ...
Tags: frozen-food firm, Overhill Farms, profits