The Nation's Top 25 furniture and bedding retailers posted a double-digit sales gain last year, bolstered by strong bedding specialty and rental store sectors and a big comeback by Walmart. The combined companies on the list grew 2012 ...
Tags: Furniture, Bedding, Furnishing, Walmart
Indorama Ventures Public Company Limited (IVL), the world’s largest PET company, achieved total sales revenue of US$ 1.9 billion in the second quarter of 2013, a rise of 9% over the same period last year. Margin gains in Asia ...
Tags: Pet Company
The takeover bout for Dell resumed on Monday, with investor Carl Icahn sounding off on the proposal from Michael Dell and Silver Lake Partners to change rules governing the shareholder vote for a revised bid to take the PC maker private. ...
Tags: Proposed Deal, Dell
Osram Licht AG formally splits from Siemens to become a pure-play lighting company with 80% of the shares initially owned by current Siemens shareholders. Osram Licht AG announced on Friday, July 5, 2013 that its spinoff from Siemens was ...
Dell has written to shareholders they are better off accepting a bid from Michael Dell and Silver Lake to acquire the company than holding on to their shares. The company's independent directors have unanimously agreed to recommend the ...
Tags: Dell, Shareholder, Silver Lake
Thailand's undenatured ethanol exports in April fell 42.4% month on month to 14,787 cubic meters, according to Thai customs data released Wednesday. April exports were also down 54.8% year on year, the data showed. The month-on-month ...
The largest drinking water purification plant in Europe to feature GE’s ZeeWeed 500 advanced water treatment technology is under construction in Ravenna, Italy. Located on the east coast of Italy, close to the Adriatic Sea and part ...
China's reputation for security may have been marred by recent U.S. accusations of state-sponsored hacking but the nation is still a safe place as a tech subcontractor for foreign businesses, according to one of China's largest IT ...
Tags: Computer Products, IT, IT outsourcing
Indorama Ventures Public Company Limited (IVL), the world’s largest PET Company, achieved sales revenue of approximately US$ 1.9 billion in the first quarter of 2013, compared to US$ 1.6 billion revenue reported in the fourth quarter ...
Tags: Textile, Indorama Ventures
Investor Carl Icahn and Southeastern Asset Management have countered Dell's plan to go private with an offer that would give shareholders a large payout and still keep the computer company publicly traded. In a letter Thursday to Dell's ...
Tags: Investor Carl Icahn, Dell
Carter’s, Inc., the largest branded marketer in the United States of apparel exclusively for babies and young children, announced that its Board of Directors has approved a $300 million share repurchase authorization and instituted a ...
The US Department of Commerce (DOC) announced Wednesday the initiation of administrative reviews of antidumping (AD) and countervailing duty (CVD) orders with a March anniversary date. The DOC initiated the following administrative ...
Tags: Stainless Bar, Pipes
One of the world's biggest petrochemical producers – Saudi Arabian Basic Industries Corporation (SABIC) is eagerly eyeing to invest in Peru, Andina reported quoting SABIC President for South America, Ricardo Knecht. Participating in ...
Governor Dr. Robert Bentley announced that Indorama Ventures Public Company Limited, the world’s leading manufacturer of PET resins, will invest $190 million to build a new manufacturing plant adjacent to its current site on Finley ...
Tags: PET Plant, Textile, Indorama Ventures
For the quarter ended March 30, 2013, net sales declined 3 percent to $945 million, operating profit increased substantially to $85 million, and EPS improved to $0.51 from a $0.25 loss a year ago. While net sales for the first quarter ...
Tags: Hanesbrands, Apparel