Australia based private equity investment firm Pacific Equity Partners (PEP) has agreed to acquire Kerry Pinnacle, the Australian subsidiary of British baked goods firm Kerry Group. Reuters reported citing a person with knowledge of ...
Tags: baked goods, Kerry Group
US-based company Premier Distribution Center is recalling nearly 50,953 pounds of pork and beef products over misbranding, according to the US Department of Agriculture’s Food Safety and Inspection Service (FSIS). The recall has ...
Volkswagen has announced its plans to invest $1bn to expand and modernize its Puebla plant in Mexico. The German automaker is planning to manufacture Tiguan compact crossover SUV in the Mexican plant, which currently produces Golf on ...
Tags: Volkswagen, Puebla Plant
General Motors’ Chevrolet division has announced that its flagship 2016 Spark will be unveiled at the Seoul and New York auto shows this April. The company has given the new car a more aerodynamic profile and sleeker design with ...
Tags: Chevrolet, General Motors
Ohio based multi-regional dry van hauler services company, Craig Transportation has selected Rand McNally's TND 760 mobile fleet management devices to improve its services. With the usage of TND 760 devices, Craig Transportation ...
Ford has commenced production of its twin-scroll 2.0-liter and 2.3-liter EcoBoost engines at its Cleveland Engine Plant in Ohio. The engines produced at the Cleveland Engine Plant are targeted towards the North American market. ...
Tags: Ford, Ecoboost Engines, Auto Parts
Lexus introduced a compact, sub-B-segnment LF-SA concept at the 2015 Geneva Motorshow. Created by the ED2, Lexus' Europe-based design studio, the car has been styled using "Time in Design" approach,which allows the perceptions of the ...
Tags: Lexus, Concept Car, 2015 Geneva Motorshow
German automaker Mercedes-Benz has announced a plan to invest $500m to build a new plant to manufacture vans in Charleston, South Carolina. The Charleston plant will produce the next-generation Sprinter for the North American market. ...
Tags: Mercedes-Benz, van markets
Chevrolet has unveiled its 2015 Colorado Z71 Trail Boss edition at the Cleveland Auto Show. According to Chevrolet, the pickup truck combines the brand's Z71 off-road truck suspension package with additional appearance enhancements and ...
Tags: 2015 Colorado Z71, Chevrolet, pickup truck
Income from continuing operations for the second quarter of fiscal 2015 ended January 24, 2015 at garment marketer, Ascena Retail Group, Inc. nosedived when compared with the year ago quarter. “Income from continuing operations for ...
Tags: Q2 Income, Ascena Retail Group, Apparel
Gross profit at apparel retailer American Eagle Outfitters surged 13 per cent year over year in the fourth fiscal quarter ended January 31, 2015 driven primarily by reduced markdowns. In the fourth quarter of fiscal 2015, gross profit ...
Tags: American Eagle, apparel retailer
Navabi, the global leader in women’s premium plus size fashion, has announced the appointment of ecommerce and fashion expert, Miriam Lahage as the Chief Merchant. The new position will see Miriam head up the online company’s ...
Tags: Navabi, fashion expert
Net sales for the fourth quarter of 2014 ended January 3, 2015 at US based and NYSE listed apparel marketer, Kate Spade & Company zoomed 44.7 per cent year on year. Net sales for the fourth quarter of 2014 totaled to $399 million, up a ...
Marketer of everyday basic apparel, HanesBrands said it has executed its previously announced 4-for-1 stock split. “The New York Stock Exchange began reporting the split-adjusted number of shares outstanding and per-share stock ...
Tags: HanesBrands, basic apparel
China's high speed rail manufacturers China North Railway (CNR) and China South Railway (CSR) announced that their merger had passed overseas antitrust scrutiny. According to local laws, antitrust regulators -- in this case in Australia, ...
Tags: Transportation, CNR, high speed rail