RPM International Inc. reported a 10 percent increase in net income and an 8 percent increase in earnings per diluted share on flat sales for its fiscal 2015 second quarter ended November 30, 2014. Second-Quarter Results Net sales of ...
China's annual economic growth likely slowed to 7.2 percent in the fourth quarter, the weakest since the depths of the global crisis, a Reuters poll showed, which would keep pressure on policymakers to head off a sharper slowdown this year. ...
Tags: economic growth, GDP data
The Cutrale and Safra Group has extended its previously announced tender offer for the acquisition of US-based banana producer Chiquita Brands International until 12:00 midnight, New York City time, at the end of the day on January 5, 2015. ...
Tags: farming, processing, technology, sourcing, Agriculture
Canada-based specialty label and packaging solutions provider CCL Industries will be investing in a new plant to produce aluminum slugs used in the impact extrusion process to make aerosol cans, tubes and bottles for consumer packaged goods ...
Tags: CCL Industries, aluminum slugs
Moody's Investors Service said that Bass Pro Group, LLC's Dec. 11, 2014 announcement that it has agreed to acquire fishing boat maker Fishing Holdings, LLC from Platinum Equity is a modest credit negative because leverage will increase ...
Tags: Debt Ratings, Sporting Goods
Yorkshire-based PFF Packaging has acquired Thermopak which specialises in manufacturing moulded trays and carriers for the food industry for an undisclosed amount. PFF group will now control Thermopak's 65,000 ft2 manufacturing facility ...
The state of the trade continues to be reported as positive, but less so than in the previous two quarters. Confidence has been resolutely positive since the start of 2013, and respondents had previously improved their reports further ...
Tags: actual balance, Office Supplies
This week, Altos Hornos de Mexico S.A.B. de C.V. (AHMSA) presented a civil court request in Monclova, Coahuila, to lift the suspension of payments to creditors. The application is supported by a general agreement with the required ...
Royal Philips NV (PHG) plans to buy medical-imaging company Volcano Corp. (VOL) for $1.2 billion, in one of Philips’ largest acquisitions in years, according to a Bloomberg report. The purchase of San Diego–based Volcano will ...
Hong Kong was suggested to enrich its IPO platform to attract capital from more good quality companies from overseas, a local financial advisory body said on Wednesday. Hong Kong is likely to end this year as the world's second-largest ...
Tags: IPO Market, IPO platform
Charlesbank Capital Partners and Partners Group closed on their previously announced acquisition of Varsity Brands Dec. 15. "The entire Varsity Brands team is united as never before to ensure we inspire and champion greater ...
Tags: Varsity Brands, Sporting Goods
Mexican corn miller and tortilla producer Gruma has announced plans to invest $50m in a new plant in Russia, over the next two years. Located in the Moscow Region, the new plant will be capable of producing around 31,500 tonnes of corn ...
Tags: tortilla wraps, tortilla, tortilla chips, Agriculture
Singapore’s Olam International has agreed to acquire the global cocoa business of Archer Daniels Midland Company, in a $1.3bn deal. This new development is expected to enhance Olam's chocolate and cocoa businesses, in an effort ...
Non-cash impairment charges of $684.0 million pushed apparel retailer, J Crew Group to post a massive loss in the third fiscal quarter of 2014 as against net income in the prior year quarter. Net loss at the apparel retailer totalled to ...
For its fiscal third quarter ended November 1, 2014, net loss at The Wet Seal, a leading specialty retailer to young women nearly tripled from the year ago quarter. In the third quarter of 2014 net loss nearly tripled to $36.0 million or ...