Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced that it has entered into an agreement to acquire the U.S. East Coast bunkering business of Hess Corporation (NYSE: HES). This transaction, for a purchase price of $30 ...
Tags: Aegean Marine Petroleum Network, acquire, bunkering, business
China, the world's top rice producer and consumer, will start trading Japonica rice futures on Nov. 18 on the Zhengzhou Commodity Exchange (ZCE), the exchange center said on Tuesday. ZCE has received approval from the China Securities ...
Tags: Rice Futures, rice producer
Checkpoint Systems, Inc. reported financial results for the third quarter ended September 29, 2013. Third Quarter GAAP Results: Net revenues from continuing operations in the third quarter of 2013 increased 3.3%, to $174.5 million from ...
Tags: Checkpoint Systems, Textile
Stockport-based schoolwear supplier Rowlinson Knitwear has implemented a new foreign exchange strategy to help protect the firm from currency volatility risk. Working with HSBC's Manchester Commercial Centre, Rowlinson has ensured ...
Tags: schoolwear, Knitwear
Global steelmakers, metallurgical coal miners and merchant coke producers are feeling the heat thanks to sluggish steel and coal prices coupled with the prospect of higher energy costs in the US due to regulation, participants said Tuesday ...
Tags: steel, Coal, Metallurgy, Mineral
The Co-operative Bank is to invest another £500m in upgrading its IT systems over the next three years as the Co-operative Group cedes control of its troubled bank to US hedge funds. The news was revealed as the Bank unveiled a ...
Tags: Computer Products, bank, software
Sony has slashed its profit forecast for 2013 by 40 per cent, meaning the technology giant now expects to make only £190m. The company had originally estimated it would make a profit of 50bn yen (£372.4m), but after its Q3 ...
Tags: Computer Products, software, Sony
Archer Daniels Midland Company today reported financial results for the quarter ended Sept. 30, 2013. The company reported adjusted earnings per share1 of $0.46, down from $0.53 in the same period last year. Net earnings for the quarter ...
Tags: Archer Daniels, crop supplies
Whether you are a rural farmer or an urban landscape gardener, you will need high quality tractor implements to perform several tasks on the land. There are specific tractor implements used for digging, seeding, harvesting, raking, mowing ...
Tags: Tractor, Manufacturing, Processing Machinery
Gold futures extended their earlier losses on Friday, slumping to the lowest price in three months as investors shed the precious metal amid hopes for a debt deal in Washington. The most actively traded contract, for December delivery, ...
Tags: Gold futures, precious metal
US-based Leonard Paper, in partnership with Cole Roofing, has announced the installation of new 451kV solar PV array at its commercial facility located on N Haven Street in Baltimore, Maryland. Renewable energy firm Pfister Energy was ...
Tags: Leonard Paper, solar PV array
China Securities Regulatory Commission (CSRC), the country's top securities regulator, announced that it has endorsed the Dalian Commodity Exchange (DCE) to carry out egg futures trading. Futures trading will help stabilize egg prices by ...
Tags: Construction
Chinese regulators have approved a trial program in Shanghai to allow foreign hedge funds to raise yuan from domestic institutions for foreign investment, The Wall Street Journal reported. Each hedge fund will be allowed to accumulate up to ...
Tags: Foreign Hedge Funds
Shuanghui International, a Chinese food giant, is hopeful of closing the $4.7bn acquisition of American pork producer Smithfield Foods by 26 September 2013, following the approvals from the latter's stakeholders. The American producer has ...
Tags: Agriculture, Food, meat
For centuries, trading with raw material has been an integral part of economic life. Stock exchanges started everywhere and eventually developed into the stock exchanges that exist today, dealing with shares, too. The first stock exchange ...
Tags: Raw Material, Textile