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Company News
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Meijer Is to Invest US$160m in New and Existing Stores This Year, Creating 1,500 Jobs
Feb 19, 2013US retailer Meijer is to invest US$160m in new and existing stores this year, creating 1,500 jobs. The Michigan-based company will construct six new Meijer supercentres in Michigan, Indiana and Illinois and remodel an additional five ...
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European Commission Calls on Arcelormittal to Postpone Planned Capacity Cuts
Feb 19, 2013Reportedly EU ministers and European Commission call on ArcelorMittal to postpone planned capacity cuts until they confirm proposals to revive Europe’s steel sector, Industry Commissioner Antonio Tajani said on Tuesday. ...
Tags: ArcelorMittal, capacity cuts, steel sector
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EL Salvador's Central Bank's Imports of HRC in 2012 Falls by 15% From a Year Ago
Feb 19, 2013According to statistics released by El Salvador’s Central Bank, the country’s imports of hot rolled coils (HRC) totaled 108,552 tons in 2012, falling by 15% from a year ago. In 2012, the country’s imports of wire rods ...
Tags: hot rolled coils, imports, El Salvador
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Nestle Profits Increased But Underlying Sales Growth Slowed in 2012
Feb 19, 2013Global food group Nestle said 2013 looks every bit as "challenging" as 2012, a year when profits increased but underlying sales growth slowed. The Swiss food giant reported a 11.8% increase in earnings of CHF10.61bn (US$12.02bn) in 2012. ...
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Nestle Has Dismissed Suggestions Its Days of "Easy Gains" in Emerging Markets
Feb 19, 2013Nestle has dismissed suggestions its days of "easy gains" in emerging markets are over as the group recorded what one analyst described as "sustained weakness" in Asia, Oceania and Africa. The Swiss food giant this morning (14 February) ...
Tags: Nestle, emerging markets, food giant
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Nestle Books an Increase in Full-Year Profits But Slowing Underlying Sales Growth
Feb 19, 2013Global food group Nestle this morning (14 February) booked an increase in full-year profits but slowing underlying sales growth. The company also pointed to 2013 as looking every bit as "challenging" as 2012. Analysts gave a mixed view of ...
Tags: food group, Nestle, 2013
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Coke Has Been Joined to Stop The NT Scheme
Feb 19, 2013Coke has been joined by Schweppes, Lion Nathan, and the Australian Food and Grocery Council in the Federal Court trying to stop the NT scheme. “Coca Cola is now notorious in Australia for being the driving force behind misleading ...
Tags: Coca Cola, Schweppes, Lion Nathan
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Mondelez Confident on 2013 to Increase Sales by at Least 5% on an Organic Basis
Feb 19, 2013Global snacks giant Mondelez International has affirmed confidence in its ability to increase sales by at least 5% on an organic basis in 2012 amid concerns on Wall Street. Better management of input costs and higher sales in emerging ...
Tags: snacks giant, Mondelez International, sales
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Dean Foods' Share Price Is Down 9% Today
Feb 19, 2013Dean Foods' share price was down 9% today (13 February) after the US dairy giant issued a cautious outlook for the year. Shares in the group were down to US$16.73 in early morning US trading today, despite the firm booking earnings of ...
Tags: Dean Foods, share price, dairy giant
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Weetabix Has Had Its Weetakid Mobile APP Banned for Making Children Feel "Inferior"
Feb 19, 2013UK cereal maker Weetabix has had its WeetaKid mobile app banned for making children feel "inferior" if they did not eat the company's products. The app fell foul of the UK's Advertising Standards Authority, which ruled it "exploited" the ...
Tags: cereal maker, Weetabix, mobile app
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Royal Dutch Shell PLC Has Announced The Annual Report of 2012
Feb 19, 2013Royal Dutch Shell Plc, the world leading multinational oil and gas company, has announced the annual report of 2012. The company’s equity LNG sales in the calendar year amounted to 20.2 million tonnes with an increase of 1.37 million ...
Tags: Royal Dutch Shell Plc, oil, gas, equity LNG sales
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Furthermore The Vessel Is Arranged for 3 ROV&Has an Accommodation Arranged for 130 Persons
Feb 19, 2013Farstad Shipping ASA - contract for building of a subsea/IMR vessel Friday, Feb 15, 2013 Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS, reached an agreement with STX OSV AS to build one subsea/IMR vessel. ...
Tags: Farstad Shipping ASA, vessel, company news
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PressCamp Organizers Said Fifth Annual Event in Utah Is on Track to Be The Biggest Yet
Feb 19, 2013PressCamp organizers said this summer's fifth annual event in Utah is on track to be the biggest yet, with 30 media titles registered so far. The event, held June 17-21 at Deer Valley Resort in Park City, is limited to 25 exhibitors. At ...
Tags: mountain bike trails, bike race, sports
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India's Tata Steel UK Has Restarted a Blast Furnace in Britain
Feb 19, 2013Reportedly India’s Tata steel UK, the second largest steel producer in Europe, has restarted a blast furnace in Britain. Karl Kohler, chief executive of Tata Steel UK said it take the advantage of low steel demand to carry out ...
Tags: Tata steel, steel market, company news
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The Sensotech GmbH Has Planned to Set a New US Subsidiary and Extend Its Service
Feb 19, 2013The SensoTech GmbH, specializing in measuring systems and analyzers for laboratory and production, has planned to set a new US subsidiary and extend its service in North America. The SensoTech Incorporation, subsidiary of SensoTech GmbH, ...
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