China's economic "new normal" can bring more opportunities for UK companies, British business leaders said on Wednesday. James Sassoon, chairman of the China-Britain Business Council, said China is undergoing a period of further ...
Tags: UK Companies, economic"new normal"
The opposition of the shareholders of Sika AG to the hostile takeover bid by Saint-Gobain continues to mount. So far, investors who together hold over 40 percent of the share capital have expressly stated their support for the course ...
Tags: pension funds, prominent institutional investors, Construction
The government of Oman has announced plans to set up a dairy firm with an investment of around OMR100m ($258.8m) to achieve self-sufficiency in dairy production and food security The proposed project is being promoted by state-owned ...
Tags: dairy production, food security, Agriculture
Undoubtedly one of the catch-phrases that Chinese stock investors like to hear most is "opening up". The government has already taken numerous steps to ease restrictions on foreign capital in the domestic stock market. You must have heard ...
Tags: stock investors, Chinese currency
Armstrong World Industries has decided to exit its European flooring business and cease further funding of its DLW subsidiary effective immediately. As a result of this decision, local DLW management filed for insolvency in Germany. ...
DSW Inc. reported third-quarter earnings declined 9.8 percent to $49.6 million, or 55 cents a share. But earnings came in better than Wall Street estimates and sales in all major categories accelerated compared to the first half. Comparable ...
Tags: women's footwear, Sporting Goods
By including five key items, Ashland Inc, posted a loss from continuing operations for the fourth fiscal quarter ended September 30, 2014 of $26 million, or $0.35 per diluted share. The fourth fiscal quarter of 2014 results include, five ...
Tags: key items, continuing operations, Apparel
An unplanned manufacturing disruption of PO/MTBE, led to US based Huntsman Corporation reporting a lower adjusted EBITDA, from a year ago quarter, in the third quarter of 2014. Huntsman said adjusted EBITDA amounted to $356 million in ...
Formerly part of Printpack Enterprises, the local management team, in conjunction with its pension trustees, completed the acquisition of the UK operations of the business in May. It recently purchased a new 1.5m, eight-colour press ...
Tags: Pulse Flexible, Growth, Printing
PPG Industries reported third quarter 2014 net sales from continuing operations of $3.94 billion, up $161 million, or 4 percent, versus the prior year. Third quarter 2014 reported net income from continuing operations was $377 million, or ...
Tags: PPG, Construction Coating
GREENWICH, CT— Freight transportation services provider XPO Logistics is looking to expand its business and a good portion of the $700 million invested is coming from some Canadians’ pension plans. The Public Sector Pension ...
Tags: PSP, XPO, Accessories
Campbell Soup Company today reported its fourth-quarter and full-year results for fiscal 2014. The company reported earnings from continuing operations for the quarter ended Aug. 3, 2014, of $137 million, or $0.43 per share, compared with ...
Tags: Agriculture, Food
Listed companies in Japan saw average pretax profits rise 2% on the year in the April-June quarter, despite April’s consumption tax hike. Automakers and consumer electronics companies were among the top performers in a Nikkei pretax ...
Tags: Automakers, Electronics
Brunswick Corporation has agreed to sell its Retail Bowling business to Bowlmor AMF for $270 million, contingent upon customary closing procedures. Brunswick also announced its intention to divest its Bowling Products business. Brunswick is ...
Tags: Brunswick Corporation, AMF, Sporting Goods
· Second quarter net sales of $4.1 billion, up 5 percent versus prior year · All-time quarterly record adjusted earnings per diluted share from continuing operations of $2.83, up 24 percent year-over-year ...
Tags: PPG, Net Sales, Construction