PPG Industries reported third quarter 2013 net sales of $4 billion, up 17 percent versus the prior year. Third quarter 2013 reported net income from continuing operations was $220 million, or $1.52 per diluted share, and adjusted net ...
Tags: PPG, Construction, Decoration
Neiman Marcus Group LTD Inc. priced an offering of $960 million principal amount senior cash pay notes due 2021 (the “Cash Pay Notes”) and $600 million principal amount senior PIK toggle notes due 2021 (the “PIK Toggle ...
Tags: Neiman Marcus Group, Senior Notes
Chico's FAS, Inc. announces the company's international expansion with White House Black Market's (WH|BM) first Canadian boutique opening at Yorkdale Shopping Centre, Toronto on October 24th. The women's retailer will open its second ...
Chico's FAS, Inc. announces the company's international expansion with White House Black Market's (WH|BM) first Canadian boutique opening at Yorkdale Shopping Centre, Toronto on October 24th. The women's retailer will open its second ...
Tags: Chico's FAS, boutique
Neiman Marcus Group LTD Inc. announced its intention, subject to market conditions, to launch a private placement of $960 million principal amount senior cash pay notes due 2021 (the “Cash Pay Notes”) and $600 million senior PIK ...
Tags: Neiman Marcus, market conditions
China celebrated its first national Seniors' Day on Sunday. The Chinese government has made the ninth day of the ninth lunar month, the Double-Ninth Festival, a day to honor senior citizens since 1989, but this year's Seniors' Day is the ...
Tags: Seniors'Day
BlackBerry's co-founders, Mike Lazaridis and Douglas Fregin, are considering weighing in with a counter-bid for the ailing smartphone maker, according to a financial filing made on Thursday. A bid by the pair would represent an ...
Tags: Computer Products, Blackberry, smartphone
Widespread improvement in a number of indexes suggests optimism for the manufacturing sector in the next three to six months, according to the quarterly Manufacturers Alliance for Productivity and Innovation (MAPI) Business Outlook. The ...
On 30 September 2013, GPG announced the sale of its entire shareholding (33.6%) in TOWER Limited for £60.7million (NZ$118.3 million). TOWER Limited represented the last material investment for GPG (excluding Coats) and the imminent ...
Premier Foods, a UK-based food company, said that it is not planning to sell its Hovis bread business, and it seeks to further strengthen the unit. The company has faced a series of transactions such as management changes, refinancing and ...
Tags: Premier Foods, Hovis Bread
US-based life insurer MetLife has finalized acquisition of a 64.3% stake of Chilean pension fund administrator, AFP Provida from Spanish bank BBVA, in a deal worth approximately $1.54bn. From the sale of AFP, the Spanish bank received ...
Tags: Metlife, life insurer
Emerging East Asian economies risk slower growth after they failed to take advantage of ample cash supply made available by global monetary authorities to build roads and ports, the Asian Development Bank said. Funding infrastructure ...
Tags: Emerging Markets, ADB
Chilean financial institution CorpGroup is mulling over divestment of its insurance division to a pension fund manager, Inversiones La Construccion (ILC), in a deal worth approximately $165m. The company, which manages CorpBanca, said ...
Scottish insurance and financial services firm Borland Group has acquired the former Carlyle Insurance Group’s Kirkcaldy office, in a bid to strengthen its operations in the country. The acquirer did not reveal the transaction ...
Tags: Borland Group, Service
The Goodyear Tire & Rubber Co. held an investor meeting today when CEO and President Rich Kramer discussed strategies and goals for the next three years, plus the company's capital allocation plan. "We haven't lost sight of where our ...
Tags: Goodyear, tyre, Auto Parts