Global meat packing company Hilton Food Group has witnessed a decline in revenue in the first half of its financial year. For the 28 weeks to 13 July 2014, revenue was £592.3m, a 0.3%, decline from £593.8m in the first half of ...
Tags: Agriculture, Food, Meat
American car manufacturer Tesla and Toyota Motor could sign a new deal over the next two to three years, ending an existing program. California-based Tesla has been supplying batteries and motors for Toyota's RAV4 electric SUVs that went ...
Tags: Tesla, Toyota Motor
US-based food firm General Mills has agreed to acquire organic and natural foods producer Annie’s, in a deal worth $820m. A definitive agreement to this effect was signed between both the companies. As per the agreed terms, ...
Tags: General Mills, natural foods, organic foods
Sports Direct International plc , the UK's leading sports retailer, reported Group sales for the 13 weeks ended July 27 were up 12.2 percent to ?11.2 million ($1.21 bn) compared with ?34.0 millon a year earlier. Gross profit increased 11.8 ...
Tags: Sporting Goods, Recreation
Quiksilver, Inc. reported revenues fell 19.0 percent in its third quarter ended July 31, to $395.7 million. On a currency-neutral basis, sales were down 17 percent for the Quiksilver brand, 9 percent at Roxy, and 34 percent at DC Shoes. The ...
Tags: Sporting Goods, Recreation
Nickel prices climbed to the highest in nearly two months Thursday on the London Metal Exchange, rising 10% from mid-June to about $19,400 per ton over concerns that the Philippines may ban exports of the metal. A bill to bar mineral ore ...
For fiscal first-quarter 2015 (ended 27 July 2014), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported its eighth consecutive quarter of sequential revenue growth, to a record $327.6m, ...
New Zealand dairy co-operative Fonterra Co-operative Group Limited and a leading Chinese infant food manufacturer Beingmate have formed a global partnership that will help meet China’s growing demand for infant formula. Fonterra ...
Tags: Fonterra, Infant Food
An agreement has been reached to create the world’s third largest quick service restaurant company, merging North American-based beverages and baked goods restaurant Tim Hortons Inc. (Tim Hortons) with global burger restaurant Burger ...
Tags: Burger King, Tim Hortons, fast food
Global manufacturer and exporter of home textiles - Himatsingka Group plans to double revenue from its brands in the home textiles space. In the just completed fiscal year 2013-14, home textile brands in the group’s portfolio ...
Tags: home textiles, Himatsingka Group
UK-based distributor of protective packaging materials Macfarlane has acquired the entire issued share capital of Network Packaging for about £7.5m. The company has also conditionally raised £3m by placing 8,000,000 shares at ...
Tags: Macfarlane, Packaging
Campbell Soup Company today reported its fourth-quarter and full-year results for fiscal 2014. The company reported earnings from continuing operations for the quarter ended Aug. 3, 2014, of $137 million, or $0.43 per share, compared with ...
Tags: Agriculture, Food
Evonik has invested in its German operations with new large-scale industrial plants, capacity expansions, and new research centers. The company plans to invest some two billion Euros of the extensive investment program it has developed as ...
Tags: Chemicals, Construction, Decoration
RF Micro Devices Inc of Greensboro, NC, USA has announced the preliminary results of its special meeting of shareholders held to approve its agreement and plan of merger and reorganization with RF front-end component maker TriQuint ...
Tags: RFMD TriQuint, Electrical, Electronics
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has launched the TurboDisc EPIK700 gallium nitride (GaN) metal-organic chemical vapor deposition (MOCVD) system, which combines what are reckoned ...
Tags: Veeco MOCVD GaN HB-LEDs