The Australian dollar fell after US stocks lost ground overnight. At 6.30am AEDT the local unit was trading at 102.89 US cents, down from 103.01 cents at yesterday’s local close. US shares fell, after they reached five-year peaks ...
Tags: US shares, Australian dollar, US stocks
ArcelorMittal Flat Carbon Europe has reported the operation outcome for the fourth quarter and full year of 2012. The steel giant’s Flat Carbon Europe posted operating loss of 2,212 million Euro for the fourth quarter of 2012, ...
Tags: Flat Carbon, steel giant, steel demand
Reportedly Reliance Steel & Aluminum Co. has planned to invest US$766 million in acquisition of Metals USA Holdings Corp. in attempt to develop high-margin business of cutting and customizing metals. The acquisition of Metals USA will ...
Tags: Steel, Aluminum, Reliance Steel
1/3 of computers sold worldwide in the fourth quarter of 2012 was a tablet, according to a survey. The research firm Canalys said that with PCs and tablets combined, the market grew 12 per cent year-on-year in the last three months of ...
Tags: computer sales, PCs, tablets
Sales and profits increased in 2012 at flavours groups Givaudan and Sensient Technologies, although rival IFF saw earnings fall. Givaudan's net income jumped from CHF252m (US$274.5m) in 2011 to CHF411 in 2012 amid higher sales. Revenue ...
Tags: Sales, profits, Flavors, Fragrances
Since its launch in April 2008, the USAID-Tijara Provincial Economic Growth Program has used an integrated approach to economic development that combines financial incentives with educational opportunities to spur private sector development ...
Tags: economic development, financial incentives, business development
Costs linked to the spin off of US cereal firm Post Holdings have hit its quarterly profits but the Grape Nuts maker saw sales increase 8%. Post reported net earnings of US$7.6m for the three months to 31 December, the first quarter of ...
Tags: cereal firm, Nuts maker, Honey Bunches
WhiteWave Foods has recorded an increase in full-year profit and said it expects continued momentum in 2013. In the 12 months to the end of December, net profit climbed 5.9% to US$113.7m, the company reported today (13 February). ...
Tags: WhiteWave, foods, coffee creamer
The Trans-Pacific Partnership Apparel Coalition welcomed new data included in a report released that showcases the substantial contribution that millions of American workers make to apparel manufactured oversees. The report, Analyzing the ...
Tags: US Workers, Apparel, Imports
Toy retail giant Toys ‘R’ Us has turned to FP International to provide compact packing machines across its distribution chain in Europe The Mini Pak R machine can produce five different types of air cushions to package the ...
Tags: compact packing machines, Mini Pak R machine, Packaging
Posted by Jack Mans -- Packaging Digest, 2/13/2013 11:06:04 AM The U.S. Environmental Protection Agency (EPA) today released the 2012 Chemical Data Reporting (CDR) information on more than 7,600 chemicals in commerce. The CDR database ...
On Wednesday Los Angeles-based service center Reliance Steel & Aluminum Co. and service center Metals USA Holdings Corp. announced a definitive merger agreement whereby Reliance Steel will acquire all of the outstanding shares of Metals USA ...
Tags: Reliance Steel, Steel, Aluminum
Fort Lauderdale, Florida-based service center Metals USA reported Wednesday that net sales for Q4 2012 were $437.5 million, down from $455.7 million in Q4 2011. Q4 2012 shipments of 353,000 tons were 8 percent higher in the same quarter a ...
Online grocer Ocado today (7 February) revealed its losses narrowed in the year to 2 December amid higher sales. The group booked a loss of GBP600,000 (US$940,291) in the 53 weeks to 2 December, down from a loss of GBP2.4m in the ...
Tags: Ocado, Online grocer, sales
Limited Brands, Inc. reported comparable store sales for the five weeks ended Feb. 2, 2013 increased 9% compared to the five weeks ended Feb. 4, 2012. The Company reported net sales of $986.4 million for the five-week period ended Feb. 2, ...
Tags: Limited Brands, sales, Net sales