Company News
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Company News
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It Has Completed The Company's Previously Foreshadowed USD 325 Million Financing Package
Dec 11, 2012Atlas Iron Limited announced that it has completed the Company's previously foreshadowed USD 325 million financing package,ensuring Atlas remains firmly on track to meet its Pilbara iron ore production target of 12 million tonnes per annum ...
Tags: Atlas Iron, financing package, Pilbara iron ore, capital management
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The New Server Graphics Card Was Launched by AMD
Dec 11, 2012FirePro S10000 delivers 1.48 TFLOPS of double-precision floating-point calculations AMD has launched new server graphics card, FirePro S10000, which the company said is designed for high-performance computing (HPC) workloads and ...
Tags: server graphics card, application, AMD
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Louis Vuitton Continued Its Double-Digit Growth (+ 17 %)
Dec 11, 2012In Fashion & Leather Goods, Louis Vuitton continued its double-digit growth (+ 17 %). The Wines & Spirits business (+ 22 %) as well as that of Perfumes & Cosmetics (+ 12 %) saw an acceleration in revenue growth compared to the trends seen ...
Tags: cosmetics, first quarter, revenue, LVMH, sales 2012, perfumes
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Bombardier Announced It Is Establishing a Whole Life Vehicle Maintenance Joint Venture
Dec 11, 2012Bombardier Transportation announced on December 7 that it is establishing a whole life vehicle maintenance joint venture targeting the Chinese urban rail market. Bombardier and Shanghai Shentong Metro Group Ltd have launched Shentong ...
Tags: Bombardier Transportation, life vehicle, urban rail market
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We Recently Borrowed a Santa Fe to Live with for a Week and Captured Our First Impressions
Dec 11, 2012Hyundai is taking a two-pronged approached with its redesigned Santa Fe SUV, offering it in two- and three-row configurations. The Veracruz is history for 2013; hence the Santa Fe will be offered as two different models - the regular ...
Tags: Hyundai, SUV, Santa Fe, long-wheelbase model car
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Renesas Has Announced an Early Retirement Programme for 7,511 Employees
Dec 11, 2012Renesas has announced an early retirement programme for 7,511 employees. The company says it will"have little impact on on the Renesas Group's business operations including sales and production." Renesas has revenues of$10bn and 42,700 ...
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AMD Updated The FX Family of Its CPUs with The Introduction of Eight New Chips
Dec 11, 2012The new FX chips use new Piledriver multi core architecture Advanced Micro Devices (AMD) has updated the FX family of its central processing units (CPUs) with the introduction of eight new chips. The new FX chips use new ...
Tags: FX Chip, AMD, FX product, multi core architecture
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Metal Recycling Services at H&H Metals Are Available for a Wide Array of Scrap Metals
Dec 11, 2012Metal recycling services at H&H Metals are available for a wide array of scrap metals including steel,aluminum,brass and copper.Each type of material has its own recycling process requirements and H&H Metals'modern facility is well equipped ...
Tags: H&H Metals, recycling, scrap metals, steel, aluminum, brass, copper
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Colruyt Booked EBITDA of EUR322.2m for The Six Months to The End of September on Friday
Dec 11, 2012Shares in Belgian retailer Colruyt fell today (3 December) after the company's half-year core profits missed analyst forecasts. Colruyt booked EBITDA of EUR322.2m (US$420.9m) for the six months to the end of September on Friday, up 1.6% ...
Tags: EBITDA, gross margin, market share
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Dairy Crest Has Launched What It Claims Is The First Seeded Spread in The UK
Dec 11, 2012Dairy Crest has launched what it claims is the first seeded spread in the UK. The firm is hoping to attract new shoppers to the brand through the launch of Clover Seedburst, appealing to more health-focused consumers, it said. The ...
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Mr Irving Rossi Launched The Technology on The Market
Dec 11, 2012Mr Irving Rossi,founder of the Swiss company Concast,launched the technology on the market.For his achievements,he has now been awarded a place in the"Hall of Fame"of the American trade journal American Metal Market. In the past century ...
Tags: Irving Rossi, Concast, Hall of Fame, technical innovations
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Lyondellbasell's Spheripol Process Technolog Is Selected by Petroliam
Dec 11, 2012Chemical company in the Netherlands,LyondellBasell's Spheripol process technology has been selected by Petroliam Nasional Berhad(PETRONAS)for two 300 KTA polypropylene(PP)plants that will be located in Pengerang,Malaysia. The Spheripol ...
Tags: chemical, LyondellBasell, polypropylene, Spheripol process technology
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Del Monte Foods Has Moved to a Net Profit in The First Quarter of Its Financial Year
Dec 11, 2012Del Monte Foods has moved to a net profit in the first quarter of its financial year on the back of an increase in sales. In the three months ended 29 July, earnings amounted to US$6.3m compared to a net loss of $27.6m last year, the ...
Tags: Net profit, Operating profit, Net sales
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Casey Container Gets New Letter of Interest From German Investment Fund
Dec 11, 2012Biodegradable plastics manufacturer in the US Casey Container has received a new Letter of Interest from a German investment fund increasing the funding amount to$10m. Casey Container CEO Martin Nason said the increase of fund is the ...
Tags: Casey Container, biodegradable plastics, investment fund
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Cepac Agrees to Acquire DS Smith's Corrugated Packaging Business
Dec 11, 2012UK-based packaging company Cepac has agreed to acquire DS Smith's corrugated packaging business(formerly known as SCA Branded Packaging)based in Darlington,England,for£1.4bn. Cepac managing director Rod Ainslie said the company ...
Tags: packaging, Cepac, DS Smith, corrugated packaging business
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