TORONTO — In its first report since becoming a public company last month, retailer the Hudson's Bay Co. said its third quarter loss widened slightly, although same store sales on both sides of the border were stronger than ...
Tags: Furniture
US grocer The Fresh Market has upped its full-year profit forecast after an increase in first-half earnings. The retailer raised its full-year outlook to earnings of $1.33 to $1.38 per share with 5.5% to 6.5% same-store sales growth. That ...
Tags: profit forecast, grocer, Operating income, profit, earnings
US retailer Natural Grocers by Vitamin Cottage has said it expects to open 11 stores in the next 12 months. The Colorado-based firm, which listed in New York in July, had 59 outlets selling natural and organic groceries across 12 states ...
Tags: Natural Grocers, Vitamin Cottage, food store, food industry
Canadian retail giant Loblaw is to spin off and float its real estate assets to provide it with capital to expand. Loblaw said today (6 December) it would set up a Real Estate Investment Trust and sell units in it via an IPO. "This ...
Tags: Real Estate Assets, Canadian retail, capital
Taipei,Oct.5,2012(CENS)--Since the fourth quarter is traditionally the busy season for share listing,plus the levy of securities transaction gains tax next year,at least 17 enterprises are rushing to list their shares on the stock market in ...
Ahold today (4 September) admitted it is weighing up the options for its stake in ICA, the Sweden-based retailer. The Dutch retail giant owns 60% of ICA, which has stores in Sweden, Norway and the Baltic states. Ahold said it wanted to ...
Tags: Ahold, food retailer, food, food industry
The Chosun Ilbo newspaper reported that South Korea's POSCO Specialty Steel, owned by steelmaker POSCO has postponed its initial public offering set for December after scrapping a plan for retail subscriptions. The company announced ...
Tags: POSCO, steelmaker, Institutional investment
PTI reported that the Finance Ministry has proposed to list Nuclear Power Corporation of India Ltd on the stock exchanges by selling 10% government stake. The Department of Disinvestment in the Ministry of Finance this week sought ...
Jamaica-based AMG Packaging and Paper has announced plans to expand its production base and add new products including paper towels, toilet paper and napkins to its portfolio towards the end of this year. The company has also purchased a ...
Tags: Production Base, paper towels, toilet paper
Compagnie de Saint-Gobain, a French supplier of construction materials, could give investors something to build on in the next 12 months. Its shares (ticker: SGO.France) could rally more than 20% as the company benefits from growing demand ...
Tags: Saint-Gobain, glass, construction
After shelving its plans for an IPO of Osram, its lighting subsidiary, Siemens has confirmed that it will conduct a spinoff of 80.5% of Osram shares. Siemens AG, the industrial conglomerate that owns lighting manufacturer Osram, has ...
Chinese dairy firm Liaoning Huishan Holdings is planning to raise$800m to$1bn through an initial public offering. It has invited banks to submit proposals to handle the IPO on the Hong Kong Stock Exchange by 6 October,Wall Street ...
Tags: initial public offering, image, investors
Supernus Pharmaceuticals has received approval from the FDA for its Oxtellar XR, a new once-daily extended release formulation of oxcarbazepine. Oxtellar XR is an antiepileptic drug used as an adjunct therapy to treat partial seizures in ...
Tags: oxcarbazepine, FDA approval, partial seizure, pharmaceutical product
Osram has announced plans to cut 4,700 jobs after it is spun off from Siemens. The cuts, which will amount to 12 per cent of the company's workforce, are planned to take effect by 2014 to achieve cumulative gross savings of 1 billion ...
Dean Foods, a US-based dairy company, has reported that its net income totaled $56.1m for the second quarter ended 30 June 2012, compared to a loss of $50.5m for the same period in 2011. The company posted 5.15% decrease in net revenues ...
Tags: net income, processor and distributor of milk, cultured dairy products