Pep Boys–Manny, Moe & Jack posted net income of $5.4 million on net sales of $527.6 million for its 13-week second quarter ended Aug. 3, 2013. That compares to income of $33 million on sales of $525.7 million for the same period last ...
Tags: Auto Parts, tyre
Elders Limited has agreed terms with its existing financiers to renew and extend its syndicated finance facilities to 31 December 2014, as part of a comprehensive plan to secure the repositioning and sustainability of the company as a pure ...
GlaxoSmithKline (GSK) has agreed to sell its nutritional drinks brands – the iconic Lucozade and Ribena – to the Japanese consumer goods firm Suntory Beverage & Food (SBF) for £1.35bn in cash. GlaxoSmithKline is to sell ...
Tags: Agriculture, Food
The performance of Associated British Foods' (ABF's) sugar division has disappointed City analysts, while its Primark business continues to shine. The UK bread market remained 'intensely competitive' with 'some pressure on margins', said ...
Tags: Agriculture, Food, bread market
According to report, Russian mining and steelmaking company Metalloinvest reported its earnings and profit decline in January to June period this year, compared to first half in 2012. Its first half revenue was down by 15% year-on-year to ...
Tags: Construction, steel
Assurant, a US-based provider of specialty insurance and insurance-related products and services, has agreed to acquire British mobile phone insurance provider Lifestyle Services in an all-cash deal of $160m from Phones 4u Finance. ...
Tags: Assurant, Mobile Phone Insurance
Fiber-optic communications component and subsystem maker Finisar, of Sunnyvale, CA, USA, has reported financial results for Q1 2014, which ended July 28, 2013, including "all-time record sales for a quarter",? according to executive ...
Tags: Finisar, Electrical, Electronics
Poor cement sales in Portugal and Angola have reduced Semapa s net profit by 52.3% year-on-year to Euro39.3m for the first six months of 2013 from Euro82.3m in the same period in 2012. Sales in Portugal fell by 15.2% to Euro82.2m for the ...
Tags: Construction, cement
Associated British Foods plc issued updates prior to entering the close period for its full year results, 52 weeks to 14 September 2013, which are scheduled to be announced on 5 November 2013. The group’s adjusted operating profit ...
Tags: Primark, Apparel Stores
In its endeavour to become a consolidator to the textile sector and to uplift the conditions of the handloom weavers and ensure that they get continuous employment, two Memorandum of Understanding were signed in the presence of the Union ...
Tags: textile sector
Pioneer Pump Solutions, a wholly owned subsidiary of Franklin Electric Co., recently announced that it has completed the purchase of the assets of Performance Pump and Equipment Company Limited of Stowmarket, Suffolk, UK. Performance Pump ...
JoS. A. Bank Clothiers, Inc announces that net income for the second quarter of fiscal year 2013 was $14.2 million as compared with net income of $23.2 million for the second quarter of fiscal year 2012. Diluted earnings for the second ...
Tags: Apparel, JoS.A.Bank
Hillshire Brands, a US-based food company, has agreed to acquire Golden Island, a manufacturer of premium gourmet jerky products, for an undisclosed amount. Headquartered in Rancho Cucamonga, California, Golden Island produces more than ...
Tags: Hillshire Brands, Golden Island
RPM International Inc.'s Performance Coatings Group (PCG) has acquired Expanko, Inc., a producer of terrazzo tile under the FritzTile brand, as well as cork, rubber and rubber/cork floor tiles, primarily for the education, healthcare, ...
Tags: Construction, Decoration, Coatings
Beta Glass Plc Tuesday announced a growth of 52 per cent in net profit for the half year ended June 30, 2013 just as the Nigerian equities market returned to the bears zone. Beta Glass, which manufactures, distributes and sells glass ...
Tags: Beta Glass, Construction