Business Standard reported that the Mr Miglani family, joint owner with ArcelorMittal of Uttam Galva Steels, has completed the acquisition of Lloyds Steel by reconstituting its board. The company is now in talks with private equity ...
Tags: Mr Miglani family, ArcelorMittal of Uttam Galva Steels, acquisition
Finland-based meat group HKScan has streamlined its subsidiaries in its home country as part of a cost savings programme. HKScan said today (2 January) that HK Ruokatalo Oy has become a wholly owned subsidiary of HKScan Corp. The ...
Tags: HKScan, cost savings programme, meat, company news
Cal-Maine Foods has booked a 39% drop in second-quarter earnings, as revenue growth failed to offset higher costs. The company said earnings dipped to US$14.3m in the quarter to 1 December, down from $23.3m in the comparable period of ...
Tags: Cal Maine Foods, eartnings, company news, food industry
US discount retailer Family Dollar Stores has recorded first-quarter earnings that came in at the lower end of its guidance due to gross margin pressure and expense headwinds. In the three months ended 24 November, earnings amounted to ...
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POSCO`s shared growth support activities are showing high satisfaction levels among cooperating small and medium companies. In a survey on the satisfaction level and results of 224 small and medium companies participating in the POSCO ...
Tags: POSCO, satisfaction level, FSGSG, POSCO Family
IDG News Service-Zynga is cutting about 5 percent of its workforce,and is"sunsetting"13 of its older games,the company's founder and CEO Mark Pincus said Tuesday in a note to employees. The games developer is also shutting down its studio ...
Tags: Zynga, workforce, games developer
Family Dollar Stores, Inc. reported that for the first quarter of fiscal 2013 ended November 24, 2012, net sales increased to $2.42 billion and net income per diluted share for the quarter increased to $0.69. “The investments we ...
Cal-Maine Foods, a US-based egg producer, has reported that its net sales increased by 13.26% to $328.8m for the second quarter of 2013, compared to $290.3m for the same period in the previous year. For the period ended 1 December 2012, ...
Tags: Cal-Maine Foods, net sales, egg, food industry
Consumer packaged goods companies (CPGs) appear cautiously optimistic about business and the marketplace in general, according to PMMI's report on the Vision 2020 focus groups it conducted during PACK EXPO International 2012. Today's ...
Tags: Packaging, industry news, packaging industry, packaging trends
Quiksilver,Inc.announced that its Board of Directors has appointed Andy Mooney as President and Chief Executive Officer,succeeding Quiksilver's co-founder Bob McKnight,who has been named Executive Chairman.Mooney will also join the ...
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EcVision,the leading supply chain collaboration platform provider for retail,announced that it will demonstrate the mobile application capabilities for retailers at the National Retail Federation Big Show in January 2013. "Mobile ...
Tags: Ecvision, Mobile Solution, Supply Chains, Textile
Bebe stores, inc. announced a Chief Executive Officer succession and said that Steve Birkhold will join the company as CEO, effective immediately. Mr. Birkhold will succeed Manny Mashouf, bebe’s founder, Chairman and current CEO, who ...
Tags: Bebe stores, CEO, Steve Birkhold, apparel
UniFirst Corporation announced results for its fiscal 2013 first quarter, which ended November 24, 2012. First quarter revenues were $332.6 million, up 6.2% from $313.0 million in the year ago period. Net income for the quarter was $30.8 ...
Tags: UniFirst Corporation, fiscal 2013, first quarter, revenues
BRUSSELS, Belgium (BRAIN) — The early months of this year could bring resolutions on one or more duty and subsidy related investigations currently under consideration by the European Commission relative to trade between Asia and the ...
Tags: bike, bike industry, bike market, Belgium, bike manufacturing
Avis Budget Group has signed an agreement to acquire US based car sharing network Zipcar for $500m. Following the expected completion of acquisition by spring of 2013, Zipcar will function under Avis while shifting its headquarters to ...
Tags: Avis Budget Group, car sharing network, Zipcar, US