The Hain Celestial Group,Inc.(NASDAQ:HAIN),a leading natural and organic products company providing consumers with A Healthy Way of LifeTM,today announced the planned retirement of Ira J.Lamel,Executive Vice President and Chief Financial ...
Tags: Hain Celestial, CFO, Ira Lamel, natural and organic products
US Navy details$110M laser weapon call 04 Sep 2012 Sees modular open-systems approach as best way to develop a directed-energy laser gun with a maximum 150 kW output. Maritime Laser A 100 kW laser weapon could be used on board a US ...
Tags: US Navy, laser weapon, ONR
Phoenix IT today confirmed it was investigating issues within its own accounting that could lead to a £14m reduction in its net assets. The firm, which provides managed hosting, cloud and networking services to UK businesses, ...
Tags: Phoenix IT, managed hosting, cloud services, networking services
"I believe the short-term prospects for the industry appear bearish. Regardless, over the medium to long term, the sector offers good growth potential, " Kumar Mangalam Birla said in a statement released after the company s annual ...
Tags: market view, cement
MONROE, Mich. — Driven by its upholstery and retail segments, La-Z-Boy said sales rose 7.6% in the quarter ended July 28. The company said upholstery sales were 9.5% higher than in the same quarter a year ago, while its ...
Tags: La-Z-Boy, Upholstery
Tesco has completed the sale and leaseback of several Homeplus stores in South Korea, netting the retailer around GBP300m (US$476m). Tesco said yesterday (23 August) that it has successfully concluded the deal with IGIS Asset Management, ...
Tags: Tesco, homeplus stores, retailer, IGIS
The hand tools manufacturers in Punjab are pinning hope over setting up of the state-of-the-art socket wrench manufacturing unit and a continuous bright hardening and tempering plant at a common facility centre (CFC) called ‘The ...
Tags: Market View, hand tool
US food group Hormel Foods has booked an increase in third-quarter profits as all five of its business segments reported earnings growth. In the three months ended 29 July, profit climbed 13% to US$111.2m, the company reported yesterday ...
Tags: food, third-quarter profits, increase, Hormel Foods
CONSHOHOCKEN,PA.—Ikea is planning a second South Florida store in Sweetwater,Fla.,pending government approval with an opening slated for fall 2014. The Sweden-based home furnishings giant said it is submitting plans for the proposed ...
Tags: Ikea, Dolphin Mall, showroom, solar generation potential
Sony is cutting 1,000 jobs in its mobile division as it moves the business closer to its headquarters in Japan. The decision comes as a result of Sony buying a 50%share in the division from its mobile business partner,Ericsson,in February ...
Tags: moves mobile, Sony, Sony group, Xperia smartphone
Hain Celestial,a US-based natural and organic products company,has entered into an agreement to acquire leading packaged grocery brands from UK-based Premier Foods in a£200m cash and stock deal. Under the agreement,Hain will ...
Tags: shares, agreement, acquisition, debt
PC maker Dell has warned that it expects third-quarter revenue to be down between 2%and 5%on second-quarter levels because of the"uncertain economic environment". Dell also blamed"competitive dynamics"and"soft consumer business"for its ...
Tags: Dell, PC, enterprise solutions
Ikea is looking to build 100 budget hotels across Europe ---- but no, you won't have to build your own bed. The Swedish furniture giant is launching its biggest real estate development yet with the "budget design" hotels, which could be ...
Tags: Furniture Retailing, Business Strategy, Ikea, Home Furnishing
The U.S. plastics industry is continuing its long climb out of the depths of the great recession, with an expansion in 2011 expected to be followed by more growth in 2012, but looming threats and unanswered questions have created a market ...
Tags: market view, plastics machine
Kosher food specialist G.Willi Food has said it will pursue acquisitions after seeing profits plunge in the first half of its fiscal year. Israel-based G.Willi's chairman,Zwi Williger,said on Wednesday(15 August)that the firm sees an ...
Tags: acquisitions, profits, G.Willi