Huntsman Corporation and Rockwood Holdings, Inc. announced that they have entered into a definitive agreement whereby Huntsman will acquire Rockwood’s Performance Additives and Titanium Dioxide (TiO2) businesses. Under the terms of ...
City analysts remain doubtful about media reports speculating Premier Foods is considering selling its Hovis brand to the world's biggest baker Grupo Bimbo. Panmure Gordon was sceptical about rumours suggesting Grupo Bimbo will acquire ...
Tags: Agriculture, Food
Signalling a key vote of faith in debt-laden Premier Foods, leading City analyst Shore Capital has upgraded its advice on the firm's stock from 'hold' to 'buy'. The Power Brands' ability to deliver continued sustained growth will be a key ...
Tags: Agriculture, Food
The European Parliament voted Wednesday to limit the use of biofuels in the European Union, one of a series of potential changes to the bloc's climate-change policies that investors say are creating uncertainty and bottling up energy ...
Tags: biofuels, Metallurgy, Mineral, Energy
China's National Council for Social Security Fund stepped into top ten in the globe based on total assets at the end of 2012, became one of the world's top five Asia pension funds and was predicted to squeeze into the world's top three in ...
Tags: Pension Funds, Service
Berkshire Hathaway’s P&C and life/health reinsurance arm General Re’s $72m settlement with AIG’s investors has won a final approval by a US federal judge, which charged the firm for involvement in a fraudulent transaction ...
Tags: life/health reinsurance
BlackBerry's biggest shareholder is reportedly preparing a bid for the troubled smartphone maker. Fairfax Holdings, an insurer run by Toronto, Ontario-based investor Prem Watsa, holds a stake of around 9.9 per cent in BlackBerry, having ...
Tags: Blackberry, Computer Products
Furniture Brands International's Chapter 11 filing lists the company's 30 largest unsecured claims, headed by the federal Pension Benefit Guaranty Corp. The amount of the pension claim isn't given. In its latest financial statement for ...
Tags: Furniture
Chief executive Antonio Perez said that the company had been "revitalised by its transformation" and its restructure has resulted in Kodak being "leaner, with a strong capital structure, a healthy balance sheet and the industry's best ...
Chinese economy might suffer ups and downs, but its long-term prospect remains bright, Daniel Gros, director of the Centre for European Policy Studies (CEPS), told Xinhua. The senior expert painted a much rosier picture for the world's ...
MetLife Chile Acquisition, a subsidiary of MetLife, is planning to acquire all the issued and outstanding common shares held by US holders and American depositary shares of AFP Provida for $6.14 and $92.21 per share in cash respectively. ...
Tags: MetLife Chile, Service
Goodyear Tire & Rubber Co. says the four-year master labor contract ratified by members of the United Steelworkers union on August 22, 2013, meets the goals established prior to the negotiations. It also helps the company continue its ...
Tags: Tire, Auto Parts
Lambeth Council has awarded IT services firm Capita a £3.4m customer services management contract. The nine-year contract has been awarded through Lambeth Council's London-wide framework agreement. It will run alongside existing ...
Tags: Computer Products
Bridgestone Americas Tire Operations LLC (BATO) and the United Steel Workers (USW) reached a settlement regarding the labor contracts at BATO's tire and tube plants represented by the USW in Akron, Ohio, Des Moines, Iowa, LaVergne, Tenn., ...
Tags: tyre, Auto Parts
Saks Incorporated announces results for the second quarter ended on August 3, 2013. Overview of Results for the Second Quarter and Six Months Ended August 3, 2013 For the second quarter ended August 3, 2013, the Company recorded a net ...