Akzo Nobel recently reported a positive volume and price/mix development in all three Business Areas. First quarter revenues of €3,383 million were 2 percent lower compared with the same period last year. The decrease was mainly a ...
Tags: Construction, Decoration
Crown Holdings today announced its financial results for the first quarter ended March 31, 2014. First Quarter Highlights -Mivisa acquisition approved by European Commission -Income per diluted share $0.17; Before Certain Items $0.57, ...
Tags: Crown Holdings, Beverage segment
Bauer Performance Sports Ltd. reported revenues rose 13 percent in its third quarter ended Feb. 28, to $62.2 million. Revenues were up 16 percent on a currency-neutral basis. On an adjusted basis, the EBITDA loss was trimmed to $3.2 ...
Tags: Sporting Goods, Recreation
Finland-based stainless steel producer Outokumpu said Monday it has seen a small upturn in stainless demand and is cautiously optimistic about forward prospects. CEO Mika Seitovirta told the company's annual general meeting of ...
Tags: Finland, stainless steel
Dairy products maker Saputo has acquired the fluid milk business of Scotsburn Co-Operative Services for $61m. Scotsburn Co-Operative offers fluid milk, cream, sour cream, ice cream mix and cottage cheese, primarily under the Scotsburn ...
Tags: Milk, Agriculture, Food, Dairy
International credit ratings agency Fitch Ratings has affirmed the long-term rating of India-based Tata Steel at BB+ and that of its subsidiary Tata Steel UK Holdings at B+, lifting the outlook for both companies to stable from negative. ...
Tags: Fitch, Steel's Outlook
German flavors and fragrances producer Symrise is in talks to acquire French ingredients maker Diana for around €1.3bn. The proposed deal will strengthen Symrise's presence in the flavor and nutrition market, and allow it to ...
Brazil's JBS plans to raise BRL3bn ($1.36bn) through initial public offering (IPO) of its poultry and processed food division. The company has appointed five investment banks, including Banco Itaú BBA, Banco Santander, BTG Pactual ...
Tags: Brazil's JBS, Food Unit, IPO
The board of Spanish olive oil bottler Deoleo has agreed to takeover offer made by UK private investor CVC Capital Partners. CVC would initially buy 29.99% stake from Spanish banks, valuing the company at €438.8m. As part of the ...
Tags: CVC Capital, Deoleo Board
NeoPhotonics Corp of San Jose, CA, a vertically integrated designer and manufacturer of both indium phosphide (InP) and silica-on-silicon photonic integrated circuit (PIC)-based modules and subsystems for high-speed communications networks, ...
Tags: NeoPhotonics PICs, Electrical, Electronics
Pakistan's biggest oil and gas explorer, Oil and Gas Development Co., has increased the price of gas sold to twin distributors -- Sui Northern Gas and Sui Southern Gas -- by almost 8%, the company said in a statement Wednesday. The Oil ...
Tags: oil, gas explorer, Sui Southern Gas
Levi Strauss & Co. announced financial results for the first quarter ended February 23, 2014. Net revenues declined one percent on a reported basis and were flat on a constant-currency basis, reflecting lower sales at wholesale in the ...
Tags: Levis, women's products
The Dixie Group has completed the previously announced acquisition of Atlas Carpet Mills, a manufacturer and marketer of commercial floorcovering products located in Los Angeles. The acquisition was completed for an aggregate purchase ...
Tags: Dixie Group, Atlas Carpet Mills
Stanley Furniture Company, Inc. reported it will cease domestic furniture production in the factory that supports its Young America brand. “We have decided to cease manufacturing operations in Robbinsville,” said Glenn ...
Global steelmaking and mining giant Evraz Group S.A. has announced the signing and closing of the sale of its wholly-owned subsidiary Evraz Vitkovice Steel (EVS) to a group of private investors (Martinley Holdings Limited, Nabara Holdings ...
Tags: Steel, Metallurgy, Mineral