Premier Foods has confirmed press reports that it is seeking a partner to raise funding for its troubled bread business. Sliced and diced: Premier Foods is looking for a partner for its troubled breads business The debt-laden food ...
Tags: Agriculture, Food
Solvay announces that it has successfully launched a hybrid bond issue worth 1.2 billion €, to further strengthen the Groups balance sheet. The hybrid bond issue is split across two perpetual tranches: A first tranche of 700 ...
Tags: Hybrid Bond Issue, Solvay
For its fiscal first-quarter 2014 (ended 28 September 2013), JDSU of Milpitas, CA, USA has reported revenue of $429m, up 1.8% on $421.3m last quarter and 1.9% on $420.9m a year ago (and at the high end of the guidance range of $410-430m). ...
Toll Holdings (Toll Group) has negotiated its second issuance of US Private Placement (USPP) notes for the equivalent of US$250 million, which is anticipated to be drawn down on 4 December 2013. Toll Group chief financial officer Grant ...
Cleveland, Ohio-based Olympic Steel, Inc. announced third quarter net sales of $304.0 million, 11.3 percent lower than the $342.6 million reported in last year's comparable quarter. For the cumulative nine months, net sales were $972.9 ...
Tags: Steel, Metallurgy, Mineral, Energy
Oerlikon announces the appointment of Dr. Brice Koch as Group Chief Executive Officer. Dr. Koch, who will assume the role during the first quarter of 2014, comes to Oerlikon following a successful career at ABB where he has been a member of ...
Tags: Oerlikon Group, Brice Koch
Textured Jersey Lanka PLC (TJL) reported a 68% year-on-year bottom line growth for the quarter ended 30th September 2013 (2Q FY2013/14), continuing on its impressive performance. The company reported a net profit of Rs. 263mn for 2Q ...
Tags: Textured Jersey Lanka, Textile
The Jones Group Inc. reported results for the third quarter ended October 5, 2013. Revenues for the third quarter of 2013 were $1,022 million, as compared with $1,035 million for the third quarter of 2012. The Company reported ...
Tags: Jones Group, Apparel
Given that European households have deposits worth an impressive EUR 8.5 trillion, deposits are one of the cornerstones of the EU economic system. This represents one-third of total financial assets. Despite negative real returns in most EU ...
Tags: Deposits Business, European Banks
With cotton crop estimates for the US and India increasing week after week due to the swift advance of harvest and surprisingly good yields, selling pressure eventually became heavy enough for December to break through important support ...
Corning Incorporated announced that it is entering into a series of strategic and financial agreements with Samsung Display Co., Ltd., intended to strengthen product and technology collaborations between the two companies. These agreements ...
Tags: Samsung, Strategic Collaborations
Gorilla Glass maker Corning has announced that it's going to buy out Samsung Display's stake in their LCD joint venture, in a deal that gives Samsung Electronics a 7.4 per cent stake in Corning. As well as having a foot in the firm, ...
Tags: Samsung, Gorilla Glass Maker
For third-quarter 2013, deposition equipment maker Aixtron SE of Aachen, Germany has reported revenue of €46.2m, down 26% on €62.2m a year ago but up slightly on €45.3m last quarter. In spite of the lower percentage of ...
Tags: Aixtron MOCVD, Electrical, Electronics
Under Armour, Inc. announced financial results for the third quarter ended September 30, 2013. Net revenues increased 26% in the third quarter of 2013 to $723 million compared with net revenues of $575 million in the prior year's period. ...
Tags: Under Armour, Apparel
The expansion into the SURF segment as a lead contractor is something we do with great confidence. DeepOcean has a proven track-record of delivering subsea installation projects including the installation of structures, cables, umbilicals ...
Tags: Transportation, Service