Health insurer WellPoint (WLP) chair and chief executive Angela Braly has stepped down from her post. The company has appointed John Cannon, the company's executive vice president, general counsel, corporate secretary and chief public ...
Tags: health insurer, chief executive, stepped down, insurance
UK-based Dairy Crest has completed the divestment of its French branded spreads business St Hubert to Montagu Private Equity in an all-cash deal of EUR430m. In July 2012,Dairy Crest entered into an agreement to divest its French branded ...
Tags: all-cash deal, divestment, spreads business, dairy
Lexmark International has exited the inkjet printer business and is laying off 1,700 people as part of a restructuring plan to improve profitability. Lexmark's restructuring will result in job cuts mainly tied to the inkjet ...
Tags: Layoff, Lexmark, inkjet printer
US food giant Heinz is to report "strong" first-quarter results, its chief executive told shareholders today (28 August). Heinz chairman, president and CEO Bill Johnson told the ketchup firm's AGM it would file a 10% increase in net ...
Tags: food, Heinz, ketchup, sauces, increacing
Yahoo said Tuesday that Kathy Savitt, former founder and CEO of social commerce company Lockerz, is joining the ailing Internet company as chief marketing officer, responsible for all worldwide marketing and branding. Savitt will join the ...
Tags: Yahoo, Kathy Savitt, Marissa Mayer, new CEO
Home furnishings industry veteran Ron Downs announced the launch of The Downs Group, providing senior financial consulting services to the furniture and home furnishings industry working with manufacturers, distributors and its suppliers. ...
Tags: Industry, Company, Furnishing
Uma Stewart New items have a way of drawing attention to themselves, but when you want to make them extra noticeable use these tips A sure fire way to draw attention to your new items is to place them up front, near the entrance. ...
Tags: Quick, Design, Furnishing
Irish food company Greencore has acquired International Cuisine (ICL), a private label chilled ready meal business, from Hain Daniels for an undisclosed amount. This acquisition is a part of the company's strategy to strengthen its ready ...
Tags: ICL, acquisition, debt facilities
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
UK frozen food manufacturer Iglo Group has booked an increase in first-half profits but warned it expects markets in the second half of the year to remain "challenging". EBITDA in the six-month period climbed 12.8% to GBP180.3m ...
Tags: frozen food, snacking, takeaway style, fish, poultry, vegetables
David Weymouth, group director of operations and risk at insurance giant RSA, talks to Computer Weekly about the importance of training the next generation of IT leaders; the key changes affecting finance technology; and why a government ...
Tags: Interview, RSA, insurance, banks'IT systems, Finance IT systems
Global packaging mergers & acquisitions Source: plasticsnews
Tags: market view, packaging 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
Higher sales and marketing costs pushed China Marine to a net loss in the first half of the year. In the six months to the end of June, the China-based seafood snack group recorded a net loss of US$2.79m , compared to earnings of $8.9m last ...
Tags: China Marine, net loss, seafood, canned beverages
UK-based Dairy Crest has cleared the final hurdle in the divestment of its French branded spreads business St Hubert to Montagu Private Equity,with its shareholders approving the€430m deal. The company has also received clearance of ...
Tags: hurdle, shareholders, strategic acquisitions