Australasian food company Goodman Fielder is set to sell its biscuits business in Australia to Green’s Food Holdings in a A$17m deal. The unit offers various sweet and savory biscuits including, cookies, creamies and fancies, ...
Tags: Biscuit, Goodman Fielder
"During the quarter we took the significant step of agreeing to sell our Consumer Products business. We believe separating our two segments will set them up for individual, long-term success and is a good outcome for our stakeholders. ...
Tags: Agriculture, Food
Third-quarter revenues up 1.8% (+4.5% excluding exchange rate effects), to EUR 316.9m Adjusted EBITDA reaches EUR 61.6m (prior-year quarter: EUR 61.6m) Net income climbs 31.8% to EUR 19.5m (prior-year quarter: EUR 14.8m) Earnings per ...
Tags: Gerresheimer, Construction Glass
Law firm Ryan & Maniskas has filed a class action lawsuit against officers and directors of Meadowbrook Insurance Group (MIG) for violation of the Securities Exchange Act of 1934. The lawsuit, filed in the US District Court for the ...
Carmanah Technologies Corporation reported its second quarter financial results for the period ended June 30, 2013 on August 13. In accordance with the second quarter of 2013, the Company recorded a net loss of $2.5 million on revenues ...
Tags: Carmanah Technologies
Cleantech Solutions International, Inc., a manufacturer of metal components and assemblies, primarily used in the wind power, solar, dyeing and finishing equipment and other clean technology industries, announced its financial results for ...
Tags: Cleantech Solutions, Textile
CSR Limited (CSR) announced today a restructure of Viridian’s glass operations and provided a trading update for the year ending 31 March 2013. Restructure of Viridian CSR’s review of Viridian has concluded that, during the ...
Tags: CSR Limited, Viridian, glass operations, 2013
Chiquita Brands has indicated that fourth quarter and full year results for 2012 are down on 2011 due to a poorer performance from its salad business, poorer currency exchange and on-off charges. The banana group said today (28 January) ...
Tags: Chiquita Brands, fourth quarter, 2012
Big 5 Sporting Goods Corporation, a leading sporting goods retailer, reported financial results for the fiscal 2012 third quarter and first nine months ended September 30, 2012. For the fiscal 2012 third quarter, net sales increased to ...
HP is planning to "aggressively" seek recompense for alleged accounting fraud related to the acquisition of its Autonomy unit, which resulted in the vendor taking a non-cash impairment charge of US$8.8 billion. HP acquired Autonomy in ...
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
US grocery retailer Harris Teeter has booked a mix set of figures in the third quarter, hit by its recent M&A activity. In the three months to the end of June, net earnings amounted to US$15.8m, a decline on $32.1m reported a year ...
Tags: Profits, margins up, Lowe's deal
The UK's largest dairy processor Dairy Crest has made a full-year net loss after incurring impairment charges at its dairies business. For the 12 months to the end of March, Dairy Crest made a pre-tax loss of GBP10.1m (US$5.8m) compared ...
Tags: Costs, Profits, dairies business
Akzo Nobel N.V. reported a 6% increase in third quarter revenue compared with the same period last year. This was due to favorable currency effects and pricing actions. EBITDA for Q3 was 7% higher at €540 million. AkzoNobel has ...
Tags: AkzoNobel, Revenue, Third Quarter, Increase
Harris Teeter Supermarkets,Inc.(NYSE:HTSI)(the"Company")today reported that sales for the 52 weeks ended October 2,2012 increased by 5.8%to$4.54 billion from$4.29 billion in fiscal 2011.Sales for the fourth quarter of fiscal 2012 increased ...
Tags: Harris Teeter, Supermarkets, profits, acquisition