Kazakh mining company Kazakhmys Plc has announced that in 2013 it recorded a net loss of $2.032 billion, compared to a net loss of $2.270 billion in 2012. In 2013, the company's revenues fell by 7.6 percent to $3.099 billion as compared ...
Russian steelmaker Severstal has announced its financial results for the fourth quarter and the full year of 2013. Accordingly, in the fourth quarter Severstal registered a net loss of $74 million compared to a net profit of $157 million in ...
Tags: steelmaker, Severstal, Mineral
Specialty chemicals company LANXESS has undergone impairment tests, according to IAS 36, that result in exceptional charges of EUR 257 million in the fourth quarter of 2013. Due to the expected development of overcapacities, as well as ...
Tags: LANXESS, Specialty chemicals
Royal DSM, the Life Sciences and Materials Sciences company reported final, audited, results for 2013. These results confirm the preliminary, unaudited results DSM published on 21 January 2014. DSM also issues its Integrated Annual Report, ...
Tags: Life Sciences, Materials Sciences
The Men's Wearhouse announced that it has increased its cash tender offer for all outstanding shares of Jos. A. Bank Clothiers, Inc. to $63.50 per share from $57.50 per share. Expiration of the amended tender offer has been moved up to ...
Tags: Men's Wearhouse, Jos A Bank
Graphic Packaging's European subsidiary is all set to acquire the UK-based food and healthcare packaging firm Benson Group for approximately $165m. Subject to standard closing requirements, the transaction will be funded with existing ...
Tags: Graphic Packaging, Packaging
The Australia Pacific LNG project is currently around 60% complete and remains on track to deliver its first cargo in mid-2015, joint venture partner Origin Energy said Thursday. Origin is the upstream operator of the coalseam gas-based ...
Tags: Pacific LNG, Chemicals
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue for full-year 2013 of $331.7m, down 36% on 2012's $516m, with all of the firm's businesses experiencing down cycles. LED & ...
Tags: Veeco MOCVD MBE ALD, Epitaxial deposition, process equipment, Electrical
Del Monte Pacific (DMPL), a Singapore-based food and beverage firm, has closed the acquisition of Del Monte Foods' (DMF) Consumer Products business for $1.67bn. The acquired entity will now be renamed as Del Monte Foods (DMFI). The ...
Tags: Del Monte Pacific, US Food Unit
Australian iron ore miner Fortescue Metals Group has announced its financial results for the first half of the financial year 2013-14 ended on December 31. During the half year, Fortescue's net profit amounted to US$1.72 billion, compared ...
Austrian steelmaker voestalpine AG has announced its financial results for the first nine months ended December 31 of the fiscal year 2013-14. Accordingly, voestalpine's net profit in the first nine months decreased by 4.8 percent to ...
Tags: steelmaker, voestalpine
Agropur Cooperative today held its 75th Annual General Assembly with some 600 members, employees, business partners and guests from the Agri-Food industry in attendance, and reported solid financial health and a strong market position, ...
Bauer Performance Sports Ltd. entered into a definitive agreement to acquire the Easton Baseball/Softball business for US $330 million in an all-cash transaction, subject to a working capital adjustment. Easton-Bell Sports also indicated ...
It's like clockwork. Whenever someone calls me about selling their company, they respond to my spiel with the exact same question: "What's my business worth?" My answer is always the same but never the one they expect: "It depends." ...
Tags: Sale Price, Business Sale Price, Tips
Neuland Laboratories Ltd., (NSE:NEULANDLAB; BOM:524558) a pharmaceutical manufacturer providing active pharmaceutical ingredients (APIs), complex intermediates and contract manufacturing services to customers located in 85 countries, today ...