In the course of the first half of 2013, Titan further strengthened its fundamental financial metrics, increasing sales, generating positive free cash flow and further reducing net debt. The robust recovery in the USA and resilient demand ...
Tags: Construction, Decoration
PPG Industries, Inc. announced it has reached an agreement to divest its 51 percent interest in Transitions Optical to Essilor International, which currently holds a 49 percent interest in the venture. Transitions Optical is a global ...
Tags: PPG, Construction
International chemical group Solvay announces results for the second quarter & first half year for 2013. Q2 Highlights - Group net sales down (4) % YoY at € 3,062 m, with volumes (1)%, prices (2)% and forex (1)% - REBITDA at ...
Tags: Chemical Group, Solvay
Premier Foods will continue to develop its Power Brands and deliver a further £10M of cost savings this year, according to a statement accompanying its half-year results posted today (July 23). Gavin Darby, chief executive officer, ...
Tags: Premier Foods, Agriculture
In a trading update for first-half 201, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says it expects first-half performance to be ahead of market expectations, with revenue approaching £63m, EBITDA (earnings ...
Tags: IQE, Electrical
AT&T plans to acquire Leap Wireless, operator of the Cricket prepaid mobile service, in what would be the latest consolidation of the U.S. mobile industry. AT&T announced late Friday it has agreed to acquire Leap for $15 per share, nearly ...
Tags: Computer Products, mobile
US telecommunications giant AT&T has agreed to acquire Leap Wireless for $15 per share in cash, valuing the prepaid mobile operator at about $1.2bn (£800m). The move comes amid continued consolidation and restructuring in the ...
Tags: 4G, Computer Products
US-based pork producer and processor Smithfield Foods has reported a 62.6% decline in net earnings to $29.7m for the fourth quarter of 2013, compared with $79.5m for the same period a year ago due to rise in feed costs and decline in hog ...
Tags: Smithfield Foods, Net Income
New Look announces full year results for the 53 weeks to 30th March 2013.New Look EBITDA jumps 29% driven by successful turnaround and 50% increase in online sales. Financial Highlights - Group Sales +2.5% to £1.48bn Group ...
Tags: Apparel, Look Group
Shuanghui International has agreed to acquire US-based pork producer and processor Smithfield Foods in an all-cash deal valued at $7.1bn, including the assumption of net debt. Shuanghui International is the majority shareholder of Henan ...
Dairy Crest is poised for UK growth after the sale of its French spreads business, chief executive Mark Allen has confirmed. Dairy Crest results were 'modestly ahead of expectations', said Panmure Gordon Allen said: "The sale of our ...
Tags: Agriculture, Food
For first-quarter 2013, 5N Plus Inc of Montreal, Quebec, Canada, a producer of specialty metal and chemical products, has reported revenue of $118.4m, down 8% on $128.6m last quarter and 27% on $162.2m a year ago following a trend of ...
Tags: 5N Plus, Electronics
Russian meat producer Cherkizovo has reported net loss of $0.6m for the first quarter of 2013, compared with net income of $39.8m in Q1 2012 due to high grain prices and low pork prices. The company's sales for the quarter increased by ...
Tags: meat, Cherkizovo
US food company Campbell Soup has reported that its net earnings increased 2.2% for the third quarter of 2013 to $181m, compared with $177m for the same period in 2012, due to double-digit sales growth in condensed, ready-to-serve soups and ...
Tags: Campbell, food company
Soft drinks firm Britvic is to close two factories and a warehouse, placing up to 400 jobs in jeopardy, in a bid to slash costs by £30M by 2016. Britvic's plans to cut 400 jobs with the closure of two factories and a warehouse are ...
Tags: Soft drinks, Food