The A2 Milk Company has revised its expected profits for the 12 months ended 30 June 2016. It now expects its revenue to be between NZ $350 million – $360 million. It also expects its earnings before interest, taxes, depreciation ...
Tags: A2 Milk, infant formula
Smith & Wesson Holding Corp. reported revenues rose 22 percent in its fourth quarter ended April 30 and earnings that easily topped Wall Street expectations. ADVERTISEMENT >Fourth Quarter Fiscal 2016 Financial Highlights Quarterly net ...
Chicago-based private equity firm Geneva Glen Capital (GGC) has acquired Dianne’s Fine Desserts from Superior Capital Partners for undisclosed sum. Chicago-based private equity firm Geneva Glen Capital (GGC) has acquired Dianne's ...
Tags: GGC, Dianne's Fine Desserts
Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS
Ferro Corporation announced it has completed the acquisition of Pinturas Benicarló (Pinturas). Ferro has acquired 100% of the equity of privately held Benicarló, Spain-based Pinturas for €15.0 million in cash, on a ...
Tags: Ferro Corporation, Pinturas
Standard Motor Products has signed a definitive agreement to acquire General Cable Corporation's automotive ignition wire business for approximately $71m, subject to post-closing adjustments. The acquisition will include the purchase of ...
For first-quarter 2016, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...
Tags: NeoPhotonics, PICs
For full-year 2015, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported revenue of €12.8m, down 23% on 2014's €16.6m. This is due ...
Under Armour Inc. reported revenues in the first quarter increased 30 percent in the first quarter of 2016 to $1.05 billion compared with net revenues of $805 million in the prior year's period. Wall Street's average expectation was $1.04 ...
Tags: Under Armour, Revenues
US-based flexible and rigid packaging solutions provider Bemis has agreed to acquire medical device packaging operations and related value-added services from SteriPack Group for an undisclosed sum. As part of the transaction, Bemis will ...
Tags: Bemis, Acquisition, Medical device packaging, SterPack Group
Moncler announced Wednesday that it will no longer publish first and third quarter interim reports to align with a new policy of the European Union being implemented by Italy. On February 15, the Italian legislature issued a Transparency ...
Tags: Moncler
There are some serious lessons to be learnt for businesses in the food industry when examining a unique case of food fraud out of the UK this week. Facts of the fraudulent scenario The guilty culprit, Yakub Moosa Yusuf, was sentenced to ...
Tags: UK Food Fraud
Spice manufacturer McCormick & Company has acquired Australia-based packaged herbs manufacturer Botanical Food Company in an all-cash deal worth $114m. The acquisition will expand McCormick's existing branded herb portfolio with the ...
Performance Sports Group Ltd. swung to a net loss in the fiscal third quarter ended February 29 as expected due to a precipitous drop in baseball and softball sales, retail bankruptcies and the impact of currency exchange rates on its ...
On 23 February 2016, Wesfarmers announced a restructuring of Kmart and Target into a single Department Store division, led by Guy Russo as chief executive officer and Marina Joanou as finance director. On 24 March 2016, it was brought to ...
Tags: Wesfarmers, Kmart, Target, Guy Russo, Marina Joanous