Wellspring Capital Management today announced that it has acquired Qualitor, a leading global supplier of branded aftermarket safety and wear products for the automotive aftermarket, from an affiliate of HCI Equity Partners. Financial terms ...
Tags: Wellspring Capital Management, asset-lite business model, Auto
The world’s largest economy – the US is the locomotive of global growth for the first time since the great recession and in the process boosting exports around the world, says the Chief Economist at IHF. Nariman Behravesh ...
Tags: domestic demand, oil production
The diamond and jewelry market, like the global economy, is sending mixed messages ahead of the holiday shopping season. The prevalent claim that the economy is showing its strongest prospects since the 2008 crash is being disputed by ...
Tags: diamond, jewelry market
The Southern Europe region is expected to garner €47.8 billion in ecommerce sales by the end of the current year, says a report from Ecommerce Europe. It says online sales in the region have clocked an annual growth rate of 22% since ...
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 0.6 percent in August from July, rising for the second consecutive month, according to the US ...
Tags: TSI, Transportation, Energy
China's manufacturing sector expanded in August but at a significantly slower pace, as production rates and new orders softened. The Flash China Manufacturing PMI, published by HSBC in conjunction with Markit Economics, fell 1.4 points to ...
Tags: Manufacturing, Processing Machinery, China Manufacturing
Life sciences conglomerate Danaher has announced plans to acquire dental firm Nobel Biocare Holding for $2.1 billion in cash. The deal, assuming it passes regulator muster, could close by the end of this year or early 2015. The move marks ...
Tags: Danaher, Swiss Dental Firm, Medicine
The Steel Manufacturers Association (SMA) commented on Monday’s US International Trade Commission (ITC) hearing, the final phase of antidumping and countervailing duty investigations on steel concrete reinforcing bar from Turkey and ...
Tags: SMA, US ITC Hearing, Metallurgy
"Retailers concerned by the lack of a West Coast longshoremen's contract will continue to bring merchandise into the country at above-average levels in September, but volume will drop from the record set in August, says a new report ...
Tags: Apparel
After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first estimated. The upward revision supported expectations ...
Tags: U.S.Economy, goods and services
A new study by the consultancy provider showed Europe’s flexible packaging market was down from 2.1% by value and 1.8% by volume in 2012. Declining demand in a number of national markets, principally France and Italy, and the ...
The U.S. economy has rebounded with vigor from a grim start to 2014 and should show renewed strength into next year. That was the general view of analysts Wednesday after the government estimated that the economy grew at a fast 4 percent ...
Tags: U.S., Electrical, Electronics
NEWARK (CN) – Hitachi, Panasonic, Sanyo and a host of other electronics manufacturers conspired to fix prices of capacitors, a Silicon Valley company claims in a federal antitrust class action. eIQ Energy, of San Jose, named 27 ...
Tags: Price Fixing, Electrical, Electronics
LONDON (AP) — Britain’s economy has grown to surpass the peak it reached in 2008, before the global banking crisis caused a deep recession, official figures showed Friday. The Office for National Statistics said gross domestic ...
WASHINGTON (AP) — The International Monetary Fund has shaved its forecast for U.S. economic growth this year, mostly because of a sharp contraction in the first quarter. But the global lending organization still expects that growth ...
Tags: IMF, Electrical, Electronics