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Company News
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Sharp Announced a 100W Chip-on-Board LED in The Zenigata Family
Feb 18, 2013In a press release issued in Japan, Sharp announced a 100W chip-on-board LED in the Zenigata family that will deliver 14,000 lm and efficacy of 143 lm/W. Sharp is apparently adding a 100W chip-on-board (COB) LED to its Zenigata family ...
Tags: Sharp, COB LED, Zenigata family
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Cooper Lighting Delivers a Wide Range of Innovative and Reliable Lighting, LED
Feb 18, 2013Cooper Lighting announced that its Halo brand of recessed, track and surface lighting products has once again been named the Brand Leader in lighting by Builder magazine. Awarded for the fifteenth consecutive year, Halo was given top ...
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Olam International Has Booked a Jump in First-Half Sales
Feb 18, 2013Olam International has booked a jump in first-half sales, which were up by almost one quarter on strong growth from the Singapore group's food business. The company said sales in the six-month period rose 24.3% to S$9.6bn (US$7.72bn), on ...
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Cargill Is to Quit The Vegetable Oil Business to Develop Its Agricultural Operations
Feb 18, 2013Cargill is to quit the vegetable oil business in Romania in a bid to develop its agricultural operations in the country. The US agribusiness giant has agreed to sell assets that include the Untdelemn de la Bunica and Olpo to Expur, part ...
Tags: Cargill, Oil Brands, Sofiproteol
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Britannia Industries Has Booked an Increase in Sales and Profits in Its Third Quarter
Feb 18, 2013Indian food group Britannia Industries has booked an increase in sales and profits in its third quarter. The biscuit manufacturer said yesterday (11 February) its net profit increased to INR569.6m for the three months to the end of ...
Tags: Britannia Industries, sales, profits, third quarter
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Bauli Has Acquired Local Baker and Confectioner Bistefani
Feb 18, 2013Italian cake maker Bauli has acquired local baker and confectioner Bistefani. The acquisition, confirmed today (12 February), will include Bistefani's brands, which include: Motta, Buondi and Casalini. Financial details of the transaction ...
Tags: cake maker, Bauli, Bistefani
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Annie's Has Booked a Drop in Net Profit in Its Third Quarter
Feb 18, 2013US natural and organic food group Annie's has booked a drop in net profit in its third quarter. Earnings in the three months to the end of December dropped to US$1.4m compared to $2.2m last year. Annie's blamed the decline on charges from ...
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Canadian Dairy Agropur and Farmers Co-Operative Dairy Plan to Merge Their Operations
Feb 18, 2013Canadian dairy cooperatives Agropur and Farmers Co-operative Dairy plan to merge their operations. Announcing the move, the dairies said it would benefit their farmer-owners by providing national scale and accelerating a process of ...
Tags: dairy cooperatives, Agropur, Farmers
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Spar Is to Invest US$100m in The Development of Its Store Network in Russia
Feb 18, 2013International retailer Spar is to invest US$100m in the development of its store network in Russia. The retailer has said it will invest $30m in the reconstruction of its Moscow stores and another $70, on the opening of new stores. ...
Tags: Spar, Russia, store network
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Mousquetaires Sees Its Sales Increase by More Than 5% in 2012
Feb 18, 2013French food retailer and manufacturer Les Mousquetaires saw its sales increase by more than 5% in 2012, with supermarket chain Intermarché gaining market share and higher revenues at its production arm. The company today (12 ...
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Marfrig Has Named VP of Finance Ricardo Florence DOS Santos as Its CFO
Feb 18, 2013Brazilian meat giant Marfrig has named VP of finance Ricardo Florence dos Santos as its CFO. Dos Santos will replace Alexandre Mazzuco, who will "pursue other professional challenges and focus on personal projects", Marfrig said. It is ...
Tags: meat giant, Marfrig, CFO
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French Retailer E. Leclerc Claims Its Share of The Domestic Market Grew
Feb 18, 2013French retailer E. Leclerc today (12 February) claimed its share of the domestic market grew faster than its rivals in 2012. Leclerc said it had 18.6% of the French grocery market last year, up a full percentage point on 2011. The ...
Tags: E.Leclerc, domestic market, 2012
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Ahold Sells Its Stake in Ica, The Sweden-Based Retailer, to Co-Owner Hakon Invest
Feb 18, 2013Dutch retail giant Ahold has sold its stake in ICA, the Sweden-based retailer, to co-owner Hakon Invest. The SEK1.2bn (US$1.6bn) cash deal, announced this morning (11 February), will see Hakon take Ahold's 60% stake in ICA. Hakon already ...
Tags: Ahold, stake, ICA, Hakon Invest
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Associated British Foods Has "Emphatically" Denied Allegations of Tax Evasion on Profits
Feb 18, 2013Associated British Foods has "emphatically" denied allegations of tax evasion on profits made by its sugar processing operations in Zambia. In a report published by Action Aid at the weekend, the charity claims the Ryvita and Silver Spoon ...
Tags: ABF, Zambia, tax evasion on profits
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Multiple Users on Apple's iPhone Support Forum Are Reporting Big Drops in Battery Life
Feb 18, 2013Multiple users on Apple's iPhone support forum are reporting big drops in battery life after upgrading their handsets to version 6.1 of the iOS operating system. The messages, spread over several threads on the message board, all claim ...
Tags: Apple, iPhone, iOS operating system
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