Informed sources say potential buyers for R&R Ice Cream put their first-round bids on the table this week – with the firm founded by US Republican presidential candidate Mitt Romney rumoured to be in the running. Bain capital ...
Tags: Private Equity Firms, Majority Stake, Ice Cream, Food
G&K Services Inc. reported operating results for the first quarter of its fiscal year 2013, which ended on September 29, 2012. First quarter revenue grew by 6.1 percent to $222.4 million, up from $209.7 million in last year's first quarter, ...
Tags: G&K Services Inc, Douglas A.Milroy, rental operations, direct sales
J. C. Penney Company Inc. announced financial results for its fiscal third quarter ended October 27, 2012. For the quarter, jcpenney reported a net loss of $123 million or $0.56 per share. Excluding the net gain on the sales of non-core ...
Tags: Ron Johnson, new jcp, J.C.Penney Company Inc, store sales
GT Advanced Technologies (NASDAQ: GTAT) announced its guidance range for the fourth quarter ending December 31, 2012 and provided its preliminary outlook for fiscal year 2013 ending December 31, 2013. For Q4CY12 and CY12 the company ...
US poultry giant Sanderson Farms has reported an annual profit thanks to higher poultry prices and increased production. The return to profitability reflected higher production In the 12 months to the end of of October, earnings ...
Tags: annual profit, higher poultry prices, increased production, production
The Ministry of Economic Affairs (MOEA) yesterday approved United Microelectronics Corp.’s application to acquire a 51.85% stake in mainland Chinese chipmaker HeJian Technology (Suzhou) Co., Ltd. for US$175 million. With the ...
Tags: UMC, HeJien Technology, chipmaker
StockMarketWire.com reported that Moody's Investors Service has changed the outlook on the Caa1 corporate family and senior unsecured ratings of Mirabela Nickel to stable from negative. Moody's said that the change reflects Mirabela's ...
Tags: Investors Service, changed the outlook, corporate family, Mirabela Nickel
Nike Inc. reported financial results for its fiscal 2013 first quarter ended August 31, 2012. Strong demand for Nike, Inc. brands propelled first quarter revenue to new record highs. As expected, diluted earnings per share were lower due to ...
Tags: Nike, Mark Parker, diluted earnings per share, gross margin
Plexus Cotton Limited reported that New York (NY) futures rebounded this week, as March gained 190 points to close at 72.24 cents. With crops in the Northern Hemisphere coming off the field at a rapid pace and with the USDA issuing yet ...
Tags: Plexus Cotton, NY futures, whisper number, exorbitant stockpile
Cameleon Software (FR0000074247), market leader in product design, sales configuration, and quotes and proposals software, announced its provisional net income for the first half of 2012, approved by the Board of Directors meeting held ...
Tags: Cameleon Software, product design, sales configuration, software
Frontier Rare Earths said that Korea Resources Corp the state owned mining and natural resource investor has officially acquired the initial 10%stake in the company's Zandkopsdrift rare earth project in South Africa. Along with the ...
Tags: Frontier Rare Earths, stake, Zandkopsdrift
Asahi Kasei Medical is planning to buy ThermoGenesis' CryoSeal Fibrin Sealant system wound care product line for $2m in cash. ThermoGenesis chief executive officer Matthew Plavan said the transaction is the culmination of the company's ...
Tags: Asahi Kasei, ThermoGenesis, CryoSeal Fibrin Sealant system, wound care
Afferro said that it has brought forward the deferred element of the sale of its 38.5% stake in the Putu iron ore project in Liberia by 6 months. It means it will receive an injection of USD 50 million from Russian steel giant Severstal ...
Tags: Afferro Mining, Metallurgy, Mineral, iron ore
Levi Strauss & Co. announced that Harmit Singh will join the company as executive vice president and chief financial officer on January 16, 2013, reporting to company president and chief executive officer Chip Bergh. In this role, he ...
Tags: Harmit Singh, executive vice president, Levi Strauss, company news
Robert Youngjohns HP has acquired the services of Microsoft executive Robert Youngjohns to lead its Autonomy information management software division, HP announced Friday. Former Autonomy CEO Mike Lynch left the company in May. As of ...
Tags: HP, information management, software division, software