Grain and corn company Deyu Agriculture Corp will extend its reach into northeast China through the establishment of a new subsidiary, Jilin Jinglong Agriculture Development Limited. The unit, which is primarily engaged in the ...
Tags: grain, corn, Deyu Agriculture Corp, northeast China
Doubts have been expressed regarding Asiacell‘s ability to raise the record $1.27 billion planned in its forthcoming IPO (initial public offering). According to a report from International Financing Review, observers are said there ...
Tags: Asiacell, IPO, Financing Review
Dutch food firm Vion has entered into an agreement to sell its Oerlemans Foods to Baltussen Holding for an undisclosed amount, as part of its efforts to focus on its food operations in the Netherlands and Germany and on its global ...
Tags: Dutch, ood firm, Vion.Oerlemans Foods
US-based Promised Land Dairy is expanding the distribution of its Midnight Chocolate milks to nine new Kroger grocery regions. The expanded distribution includes the following areas - Alabama, Arkansas, Georgia, Illinois, Indiana, Kansas, ...
McCain Foods, a frozen food company based in Canada, plans to invest INR3.5bn ($63.6m) to boost the production capacity of its plant in Mehsana, Gujarat, India. This move is a part of the company's plan to address the increased demand ...
Tags: McCain Foods, frozen food, Canada, India
US-based Island Delights is recalling 492 bags of its Coconut Haystack Candy as it may contain milk that is not mentioned on the product label, according to the Food and Drug Administration (FDA). The products subject to recall include ...
Tags: US, Island Delights, Coconut Haystack Candy, FDA
US-based baking company Flower Foods has signed two agreements to acquire certain bakery assets of Hostess Brands. The value of the total deal is approximately $390m. One of the agreements includes purchase of the Wonder, Nature's Pride, ...
Tags: US, Flower Foods, agreements, bakery assets, Hostess Brands
Oracle released two out-of-band patches on Sunday for vulnerabilities in its Java programming language, both of which pose a high risk to users browsing the web. The company's speed in issuing patches may be due to part that exploit code ...
Revenue at Infosys grew in the fourth quarter, but profit fell as a result of a wage rise and investments in newer businesses. Revenue for the quarter was $1.9 billion, up 5.8% from the same quarter last year, helped by the company's ...
Tags: Infosys, revenue, acquisition, Lodestone Holding
Want to send a message directly to Facebook founder Mark Zuckerberg? It might cost you $100, if you don't want it to wind up in his spam folder. If you're not already friends with Zuckerberg on the social network, you might see a pop-up ...
Telik has announced notification of FDA orphan drug designation to ezatiostat HCL (Telintra) for the treatment of myelodysplastic syndrome (MDS). The novel inhibitor of the enzyme glutathione S-transferase P1 1,Telintra activates Jun ...
Tags: orphan drug, ezatiostat HCL, drug
Needham & Company reiterated a Buy rating on Cree and raised its price target to $36.00 (from $32.00). The increased price target relates to analysts' view that LED lighting has "Come of Age". "We expect initial adoption of LED will be in ...
Tags: LED lighting, LED, lighting
At CES 2013, Panasonic has exhibited a 56-inch 4k OLED display. The company applied its own printing process to the display and cooperated with Sony in the development of the display's oxide semiconductor. Panasonic President Kazuhiro ...
Tags: Panasonic, OLED Display, display
The seventh-generation Chevrolet Corvette Stingray has been officially revealed, with the all-new model breaking cover before the iconic American sports car’s much anticipated public unveiling at the 2013 Detroit auto show. The most ...
Tags: Chevrolet, Corvette C7, American Stingray
The 2013 Hyundai ix35 SE will become the first European-built Hyundai vehicle sold in Australia as the South Korean manufacturer seeks to diversify its line-up and find new production sources to cover strong local demand. The Hyundai ix35 ...
Tags: Hyundai, ix35 SE, Local Brand, Europe