The price war among Chinese TV manufacturers which has been raging for nearly four years is finally approaching a truce. The first company to cease fire was Le Holdings Co Ltd. On Monday, the company announced it would raise the prices of ...
Tags: TV, LCD panels
Natural American Foods, a producer and distributor of honey and other natural sweeteners, announced that Lance Chambers has been appointed chief executive officer. Mr. Chambers succeeds Rolf Richter, who will continue to serve the Company ...
Samsung recently announced its plans to acquire connected car tech firm Harman, in a deal worth $8 billion – the company's largest ever acquisition. The move prompted many to speculate that Samsung could use Harman audio technology ...
Tags: Samsung, smartphone
Quality Custom Distribution (QCD) has announced the purchase of the assets of Mile Hi Specialty Foods to form QCD Rocky Mountain. The new business includes distribution centers in Denver, Colorado, Kansas City, Missouri, and satellite ...
Tags: Quality Custom, Specialty Foods
Sonoco, one of the diversified global packaging companies, reported financial results for its third quarter, ending 2 October 2016. Third Quarter Highlights Third quarter 2016 GAAP earnings per diluted share were $0.64, compared with ...
Bemis Company reported third quarter 2016 diluted earnings per share from continuing operations of $0.72. Excluding the effect of restructuring and acquisition-related costs detailed in the attached schedule, “Reconciliation of ...
Tags: Bemis Company, diluted earnings
International Paper reported third quarter 2016 net earnings attributable to International Paper of $312 million ($0.75 per share) compared with net earnings of $40 million ($0.10 per share) in the second quarter of 2016 and net earnings of ...
Empire Kosher Poultry has introduced new line-up of natural products from at Kosherfest 2016, which is being held between 15 and 16 November at the Meadowlands in New Jersey. Empire Kosher brand is introducing lightly seasoned and/or ...
Tags: Empire Kosher Poultry, New Product
CTI Industries, a manufacturer and marketer of novelty balloon products, flexible packaging and storage products, home container and organizing products and laminated films, announced results of operations for the third quarter 2016. For ...
Tags: CTI Industries, flexible packaging
Samsung has acquired connected car tech firm Harman for $8 billion in what is the South Korean company's largest ever acquisition. Harman produces various types of connected technologies for vehicles, and Samsung, which relies heavily on ...
Tags: Samsung, Connected Car
Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
Cascades reports its unaudited financial results for the three month period ended 30 September 2016. Q3 2016 Highlights Sales of $1,021 million (compared to $998 million in Q2 2016 (+2%) and $1,026 million in Q3 2015 (stable))Adjusted ...
Tags: Cascades
B&G Foods has announced a 49.2% increase in net sales for the July-September quarter of this year. Highlights (vs. year-ago quarter where applicable): Net sales increased 49.2% to $318.2 millionNet income increased 63.6% to $32.4 ...
Tags: B&G Foods, Financial Results
United Natural Foods (UNFI) announced that its president and CEO Steven Spinner, was appointed chairman of UNFI’s Board of Directors, effective following the Company’s Annual Meeting of Stockholders in December 2016. Mr. ...
Tags: United Natural Foods, Spinner
US-based ConAgra Foods has completed the spin-off its Lamb Weston business to become a singularly focused, consumer branded food company. The company has been changed to Conagra Brands to reflect the new direction and streamlined focus. ...
Tags: ConAgra Foods, Lamb Weston