US-based buyout firm Lindsay Goldberg will sell German packaging company Weener Plastik for approximately $500m (€400m), as per a report by Reuters. Reuters quotes that rival buyout firms including CD&R, Ardian, Charterhouse and ...
Tags: Weener Plastik, packaging firms, Agriculture
Gold demand dropped in China during the third quarter of the year to a five-year low amid slumping prices and a nationwide anti-graft campaign, the World Gold Council said on Thursday. According to the WGC, the latest trends put China ...
Tags: Gold demand, Gold Products
Three buyout groups - BC Partners, Onex and Partners Group - will bid for Switzerland-based carton manufacturer SIG Combibloc which is owned by New Zealand’s Reynolds. SIG was acquired by New Zealand-based businessman Graeme Hart ...
"Made in China" is a sign of the pride for the majority of Chinese stationery manufacturers, but the "made in China" is also the defects of their exports.Why do we say so?In China,most of the stationery manufacturers are do OEM brand, they ...
Tags: Stationery, Office Supplies
China's economic growth will moderate further in the next two years as domestic demand is weakened by the property downturn, UBS has forecast. "We forecast China's GDP growth to slow to 6.8 percent in 2015 and 6.5 percent in 2016. This ...
Tags: economic growth, domestic demand
The high level of government savings deposits could prove detrimental to long-term economic growth, even as concerns mount over ballooning local government debt in China, a report said on Wednesday. Total bank deposits held by government ...
For third-quarter 2014, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has reported its third consecutive quarter of revenue growth, ...
Tags: GigOptix, analog semiconductor, optical communications
Driven by a surge in apparel, footwear, accessories and international sales, third quarter of 2014 revenues at Under Armour, soared 30% from a year ago. In the three months to September 30, 2014, Under Armour revenues climbed 30% to $938 ...
Tags: Revenues, Armour, Accessories
Net income at NYSE-listed UniFirst Corp, a supplier of workplace uniforms and protective clothing slipped 5.5% year-on-year in the fourth fiscal quarter ending August 31, 2014. Net income for the fourth fiscal quarter of 2014 reached ...
Third quarter pre-tax profit of $1.2 billion, a decrease of $1.4 billion compared with a year ago; after-tax earnings per share of 24 cents, excluding special items; 21stconsecutive profitable quarter. Net income of $835 million, or 21 ...
Tags: Ford Posts
Australia’s largest multi-brand retail food franchisor and leading wholesale coffee roaster, Retail Food Group Limited (RFG), has announced its entry into a Sale and Purchase Agreement to acquire the global business and intellectual ...
Tags: food franchisor, coffee roaster
Since Medtronic can’t dip into its considerable foreign cash reserves to buy Covidien, it plans to raise $16 billion domestically toward the $43 billion purchase. Wall Street is not pleased. In a filing late last week with the U.S. ...
Tags: Medtronic, Covidien, Medical Device
Among many measures, a mix enrichment improvement, helped NYSE-listed and a producer of recycled yarns – Unifi Inc post a 3.3% hike in sales in first fiscal quarter ended September 28, 2014. In its preliminary operating results for ...
The diamond and jewelry market, like the global economy, is sending mixed messages ahead of the holiday shopping season. The prevalent claim that the economy is showing its strongest prospects since the 2008 crash is being disputed by ...
Tags: diamond, jewelry market
Amer Sports reported net sales of €645.8 million ($856 mm) for the quarter ended Sept. 30, up 6.1 percent compared with €608.9 million a year earlier. Net sales increased by 6.0 percent in currency-nuetral terms. The Finnish ...
Tags: Amer Sports, Softgoods, Footwear