Cabela's Inc. continues to explore selling World's Most Foremost Bank (WFB) and its retailing business in separate transactions even though such a sale could hurt the performance of both businesses, the company disclosed in a government ...
Tags: Cabela's Inc, WFB, shareholder value
Samsung is nearly ready to kick off production for its next flagship phablet – the Galaxy Note 6 (or Note 7?) – according to a new report. The new Galaxy Note will enter mass-production in July, with plans for an initial run ...
Tags: Galaxy Note 6, curved-edge OLED
Newman's Own, the food brand that donates all profits to charity, announced the launch of a new line of organic pasta sauces. These delicious Newman's Own Organics pasta sauces are built on the tradition of top quality pasta sauces ...
Tags: Organics Pasta Sauces, Newman
American ride-hailing firm Uber has raised $3.5bn from Saudi Arabia’s Public Investment Fund. This is the first time that Uber secured such a huge funding from a single investor. The investment will not affect the company's ...
Tags: Uber, ride-hailing
Tesla Motors said it will sell about $1.7bn of common stock to fund the production of the newly announced Model 3 car, which is scheduled to hit the market in late 2017. The Model 3 achieves 215 miles of range per charge while starting at ...
Tags: Tesla Motors, Model 3 car
Associated British Foods (ABF) is reportedly contemplating the sale of its unprofitable sugar business in China to remain focused on its sugar operations in Europe and Africa. For this purpose, the food company has invited bids for five ...
Tags: Unprofitable Sugar, Sugar
Arla Foods Ingredients has developed a milk protein-based solution named Nutrilac HiYield, which is claimed to help dairies to make optimum use of their milk in the manufacturing process, without any by-products or waste. Nutrilac HiYield ...
Tags: Arla Foods, Yogurt
China Shenhua Energy Company Limited, the nation's top coal producer, has said its net profits plummeted 28.3 percent year on year to 4.74 billion yuan (734 million U.S. dollars) in the first quarter of 2016. Shenhua, a State-owned ...
Tags: coal producer, coal
Orders have been confirmed for May. Aside from polysilicon that sees stronger prices, prices in all segment of PV supply chain have weakened. The industry will cool down after June 30th, where grid-connection will mostly be completed by ...
Tags: Polysilicon, PV Supply
Profits of China's major industrial firms rose 11.1 percent year on year in March, widening from a 4.8 percent growth in the Jan.-Feb. period, official data showed on Wednesday. The profits of major industrial companies with annual ...
Many of China's state-owned enterprises (SOEs) reported drops in profits in Q1, as building materials, electronics and tobacco firms reported large profit declines, Ministry of Finance data showed on Tuesday. The combined profits of ...
Tags: state-owned enterprises, electronics, building materials
Makers in the PC and handset supply chains in Taiwan are conservative about a business rebound in the second half of 2016 as well as the overall performance for the entire year amid unfavorable business news from the sectors, including ...
Levi Strauss & Co. elected former CEO of L.L.Bean Inc., Christopher McCormick, to its board of directors, effective April 13, 2016. “As we work to accelerate profitable growth, we are expanding the board's expertise in the fastest ...
Tags: L.L.Bean, Levi Strauss
Aldi Australia has the potential to be bringing in AUD $15 billion in annual sales by 2020 says a new Morgan Stanley report. Released yesterday, the report analysed that shoppers are now spending an average of AUD$100 per month at ...
Tags: Aldi, Morgan Stanley report
Coles and Woolies are locked in a battle for share of the customers wallets and throats that becomes more complicated every day. The competitive landscape has changed. The old model of them against each other and independent wholesaler ...
Tags: Coles, Woolies, Retail Gorillas