The A2 Milk Company today posted a record net profit of NZ$10.1 million (AUD$9.34 million) for the six months ended the 31 December 2015. The dairy producer which specialises in products made from milk that contains the A2 protein only ...
Tags: Infant Formula, A2 Milk
Riversimple, a UK based startup has unveiled a hydrogen-powered car called Rasa which claimed to offer 300 miles driving range on 1.5kg of hydrogen. The company has been building hydrogen fuel-cell project for 15 years and now plans to ...
Tags: Fuel Cell, electricity Car
US-based chicken producer Pilgrim’s Pride has announced to invest $190m in a strategic growth plan to expand production of Pilgrim’s Pierce Chicken brand. The growth plan, which was initiated in the fourth quarter of 2015, ...
Tags: Pilgrim's Pride, prepared foods
Canada-based organic food company SunOpta has entered into an agreement to sell Opta Minerals business to Speyside Equity Fund for CAD$6.2m ($4.4m), in order to focus on its core business of food distribution. The acquisition proposal has ...
Tags: SunOpta, organic food
Field Roast Grain Meat Company has announced that Publix supermarkets will sell two of its popular sausage products: Smoked Apple Sage and Italian. With over 1,100 Publix locations, this partnership showcases the increasing interest and ...
Tags: Vegetarian Meats, sausage product
The National Highway Traffic Safety Administration (NHTSA) has removed a key barrier for Google and other companies developing autonomous technologies saying that the computer that handles the car can be considered as drivers under the ...
Tags: self driving car, Google
Armanino Foods of Distinction reported record sales and profits for the fourth quarter and year ended December 31, 2015. Net sales in the fourth quarter were $9,044,580, an increase of 16% from the $7,793,293 posted in 2014's fourth ...
Tags: Armanino Foods, domestic markets
China's camera drone market is still in early stages of development, with the competitive landscape still taking shape. A total of 40,000 camera drones were shipped in China during the third quarter of 2015, and IDC expects shipments to ...
Tags: camera drone, HD cameras
Infant formula sales have grown by 30 per cent in the past year according to Dairy Australia’s new Situation and Outlook report released today. The growth in formula sales is the highlight of the report which otherwise reflects an ...
Tags: Infant formula, Milk
Leading automotive and transportation companies like General Motors, Jaguar Land Rover, Renault Nissan, Scania and Volvo Cars are supporting GSMA Embedded SIM Specification to help accelerate the growth of the connected car market. ...
The state of Ontario, Canada has hiked the incentives for electric vehicles to a maximum of $14,000, making it attractive for car buyers. As per the new program, the incentive has been increased for electric vehicles from $5000 to $8,000 ...
Tags: Electric Vehicles, Incentives
Tesla has confirmed that it will unveil its Model 3 on 31st March 31 and is scheduled for production and delivery in 2017. Model 3 will be s priced at $35,000. Tesla CEO, Elon Musk in one of his tweets back in Sep, 2015 revealed that ...
Berry Plastics Group reported results for its first fiscal 2016 quarter, referred to in the following as the December 2015 quarter. "During the quarter we achieved record net sales and operating EBITDA for any quarter in the Company's ...
Tags: Berry Plastics, EBITDA
Operating performance in the quarter was strong and substantially above the equivalent quarter last year. The group increased EBITDA excluding special items by 21% to US$175 million, operating profit excluding special items by 51% to ...
Tags: Stronger Performance, EBITDA
Flowers Foods, Inc,producer of Nature's Own, Wonder, Tastykake, and other bakery foods, reported financial results for the company's fourth quarter and year ended January 2, 2016 and provided guidance for fiscal 2016. Reported results ...
Tags: Flowers Foods, EBITDA