Joe’s Jeans Inc. announced it has completed the acquisition of Hudson Clothing Holdings, Inc., a leading global designer and marketer of women’s and men’s premium branded denim apparel. “We are very pleased to have ...
Tags: Hudson Clothing, Apparel
Walmart announced that Kathleen McLaughlin, 48, has been named president of the Walmart Foundation, effective October 15. In addition to leading corporate giving, she will have responsibility for the company’s global ...
Tags: Walmart, McLaughlin
Fairfax Financial Holdings has completed the acquisition of Bermuda-based specialty insurance company American Safety Insurance (ASI). Under the terms of the transaction, for each common share of American Safety its shareholders will ...
Reported, Japanese Nippon Steel & Sumitomo Metal Corp. has announced to trim its costs by reviewing its production structure to be more competitive in region. It also can help to improve the company's profitability against other rivals from ...
Tags: Steel, Construction
Industry analysts seem to agree that TransForce's offer to buy Vitran's Canadian operations for US$4.50 per share would be a good deal for Canada's largest LTL carrier. Walter Spracklin, analyst with RBC Capital Markets, said the deal ...
Tags: Transportation, Auto, Car
Smithfield Foods announced that its shareholders have voted in favor of proposed merger with China's Shuanghui International for $4.7bn, in a development which will be the largest ever takeover of a US company by a Chinese firm. At a ...
Cooper Tire and Rubber Co. says it is assessing its options after an arbitrator blocked the sale of two of its plants to Apollo Tyres Ltd. The arbitrator upheld two grievances filed by the United Steel Workers (USW) in a ruling issued on ...
Tags: Cooper Tire, tyre, Auto Parts
Key Technology, a US-based manufacturer of process automation systems, has launched Taurys, a next-generation digital laser sorter. According to the company, the Taurys incorporates advanced features in digital sorting, which allows it to ...
Tags: Key Technology, Food Industry, Laser Sorter
Chinese Internet giant Tencent Holdings Ltd. (SEHK: 0700) will see stake in Sogou.com, the search engine unit of Sohu.com Inc. (NASDAQ: SOHU), rise to about 40 percent in the near future. It co-announced with Sohu.com. and Sogou.com in ...
Tags: Tencent, Sogou, service, Computer Products
Jardine Lloyd Thompson Group (JLT) has inked an agreement to acquire Towers Watson's (TW) reinsurance brokerage business, in a cash transaction valued at approximately $250m. The acquisition is part of JLT's strategy to establish global ...
Tags: Service
Tokio Marine Europe Insurance has appointed Wayne Krause as the new head of Marine Underwriting, with an aim to strengthen its position in the marine market. In his new role, Krause will responsible for the development of the UK marine ...
Tags: Insurance
Luminus Devices Inc of Billerica, MA, USA, which makes PhlatLight (photonic lattice) LEDs for solid-state lighting applications, and Lightera Corp of Sunnyvale, CA (a US affiliate of LED maker Sanan Optoelectronics Co Ltd of Xiamen, China ...
Tags: Luminus Devices, Electronics
American dealer owned auto firm National Auto Care (NAC) has entered into a merger agreement with Family First Dealer Services (FFDS), a provider of F&I products, administration, consulting services, training and marketing support. This ...
Tags: Single Unit, Auto Parts
Bector’s Food, an Indian-based biscuits, bakery products and condiments manufacturer, is evaluating plans to sell majority stake in its biscuit business and is currently in preliminary talks with private equity investors. The ...
Tags: Bector's Food, Biscuits
Hudson's Bay Company reported its results for the 13-week period ended August 3, 2013. Consistent with the first quarter of fiscal 2013, the second quarter was characterized by strong same store sales growth at Hudson's Bay and rising ...
Tags: Apparel