Bemis Company reported third quarter 2016 diluted earnings per share from continuing operations of $0.72. Excluding the effect of restructuring and acquisition-related costs detailed in the attached schedule, “Reconciliation of ...
Tags: Bemis Company, diluted earnings
Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
US-based ConAgra Foods has completed the spin-off its Lamb Weston business to become a singularly focused, consumer branded food company. The company has been changed to Conagra Brands to reflect the new direction and streamlined focus. ...
Tags: ConAgra Foods, Lamb Weston
Canada-based organic food company SunOpta has raised $85m from funds managed by Oaktree Capital Management to reduce its debt. The company said that it will utilise the funds to repay its debt and to increase financial flexibility. The ...
Tags: SunOpta, Oaktree Capital Management, fund
Cash flow reflects durability of the integrated portfolio amid continued industry volatility Strong Chemical results highlight sustainable competitive advantages Advancing attractive new investment opportunities across the value ...
Tags: second quarter 2016, results
The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 75 cents per share on the Common Stock, payable on September 9, 2016 to shareholders of record of Common Stock at the close of business on August ...
Wal-Mart Stores, Inc. (WMT: NYSE) today announced completion of the company’s acquisition of Jet.com, Inc., following expiration of the waiting period under federal regulations. The news was initially shared on Instagram by Walmart ...
Tags: Wal-Mart Stores, acquisition, Jet.com
Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has priced its public offering of 15,000,000 shares of its common stock at $8.35 per share. In addition, Oclaro has granted the ...
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Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) says that it intends to offer (subject to market conditions and other considerations) 13,000,000 newly issued shares of common ...
US snacks firm Amplify Snack Brands has completed the acquisition of UK-based potato crisps producer Tyrrells from private equity firm Investcorp. The completion resulted in Tyrrells becoming a wholly-owned subsidiary of Amplify. For ...
Tags: Amplify Snack Brands, acquisition, Tyrrells
Berry Plastics Group has signed an agreement to acquire AEP Industries, a North American manufacturer of flexible plastic packaging films, for $765m including debt. Under the terms of the deal, each shareholder of AEP will receive either ...
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CTI Industries, a manufacturer and marketer of flexible packaging and storage products, laminated films and novelty balloons, announced its results of operations for the second quarter and first six months of 2016. For the second quarter ...
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Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) says that it has completed the exchanges for all $65m of its 6% convertible senior notes due 2020. Between 8 and 18 August, ...
Tags: Oclaro, revenue, convertible debt
Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) says that its board of directors has declared a quarterly cash dividend of $0.28 per share of common stock (an 8% increase from the prior ...
Tags: Skyworks, semiconductors
For fiscal third-quarter 2016 (to end-May), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $2.38m (slightly below the expected $2.4-3m), down 18% on $2.92m last quarter and down 47% on $3.5m a year ...