US-based ConAgra Foods has reported that its net earnings increased to $192.2m in the fourth quarter of 2013, compared to a loss of $86.2m in the same period a year ago, when the company incurred charges related to a change in accounting ...
Tags: ConAgra Foods, Agriculture
Global industrial machine vision sales to hit $2bn by 2018 27 Jun 2013 Analyst Yole Développement publishes new MV technology and market forecast, identifying nine key market types. Yole Développement, Lyon, France, has ...
Tags: industrial machine
Packaging Dynamics, a portfolio company of investment firm Kohlberg & Company, has completed the previously announced sale of its Thilmany Papers business unit to Expera Specialty Solutions for an undisclosed sum. Expera, which is ...
Tags: Packaging, printing, Packaging Dynamics
Everlight has been actively developing LED lighting, in addition to operating its own brand "EVERLIGHT", it's board of directors announced on June 25 that it will Purchase 100% stake of an European lighting company at not more than 10 ...
Toll Group has announced the impairment of goodwill associated with Toll Global Forwarding totalling approximately $200 million, while reconfirming previous Group operating earnings guidance for the year ending 30 June 2013. Following ...
Western Digital plans to acquire sTec to boost its presence in the market for enterprise solid-state drives. The two companies have signed a definitive agreement under which sTec will be acquired by HGST, a wholly-owned subsidiary of ...
Tags: Western Digital, Computer Products
Ennis, reported financial results for the first quarter ended May 31, 2013. Highlights for the quarter include Consolidated gross profit margin increased 610 basis points -Print gross profit margin increased 180 basis points -Apparel ...
Tags: apparel margin, Apparel
Iconix Brand Group, Inc. announced that certain of its subsidiaries have completed the issuance of the previously announced $275 million of senior secured notes (the "notes") in a private transaction under its existing securitization ...
Tags: America, Iconix, Securitization Transaction
JoS. A. Bank Clothiers, Inc confirmed that it has been and is considering strategic opportunities to enhance shareholder value, including seeking potential acquisitions to facilitate additional growth. Since the current team assumed ...
Tags: Apparel, Accessories
About a third of the country's baby formula businesses will be axed, in what experts are calling a major consolidation of the industry. The government has been trying to revive the industry since the 2008 melamine scandal, but consumer ...
Tags: Baby Formula, milk powder
Concerns about the global economy and political unrest in Canberra are cruelling appetite for takeovers, with some of the nation's top dealmakers tipping companies to remain on the sidelines until economic clouds clear. In a sign of the ...
Switzerland-based Zurich Insurance Group is said to have a plan to buy into Chinese property insurance firm Sinosafe General Insurance Co., Ltd. Sources said recently that the Swiss insurance group was looking for a stake in a Chinese ...
The National Security Agency can retain communications of U.S. citizens or residents potentially indefinitely if those communications are encrypted, according to a newly leaked secret government document. The document describes the ...
Tags: NSA, Encrypted Communications
Diversified manufacturing and distribution company Pro-Pac Packaging (PPG) has announced the acquisition of the business and assets of Eco Food Pack Australia for an undisclosed value. Eco Food, which develops and sells food packaging ...
Tags: Pro-Pac, Food Packaging
The Equipment Leasing & Finance Foundation (the Foundation) has released the June 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of ...