Xerium Technologies Inc., a leading global manufacturer of industrial textiles and roll covers used primarily in the paper production process, announced the results of its operations for the quarter ended September 30, 2012. Compared to ...
Tags: Xerium Technologies, results, Q3, sales, industrial textiles, roll covers
AngioDynamics has purchased all the assets of Vortex Medical, a developer of endomechanical devices. Vortex Medical's products including AngioVac venous drainage system features a Cannula having a proprietary balloon-actuated, expandable, ...
Tags: AngioDynamics, purchase, Vortex Medical, endomechanical devices
VKR Holding, under the umbrella of which numerous companies of the window, solar systems and air conditioning/ventilation technology sectors are grouped together, increased its turnover in the 2011 financial year by 4.5% vis à vis ...
Tags: VKR Holding, turnover, details, decline
Masonite now reckons with a combined corporate turnover to US$1.75bn this year and has thus raised its previous forecast published in the 2011 annul report by around US$50m. EBITDA is expected to reach roughly US$95m. The group expects that ...
Tags: Masonite, turnover, Algoma Hardwoods, acquisitions, report
University General Health System has purchased sleep, physical therapy and diagnostic imaging clinics in Kingwood, Texas, US, a suburb of Houston. The agreement was signed with management affiliates of Northeast Houston, Kingwood ...
Tags: University General Health System, clinics, agreement, Northeast Houston
Mechel OAO, a leading Russian mining and steel group announced financial results for the 9 months 2012. The net revenue in Q3 2012 decreased by 12.0% and amounted to USD 2.7 billion compared to USD 3.1 billion in Q2 2012. The ...
Tags: Mechel OAO, mining, steel, financial results, company news
The ratings on the Russian vertically integrated steel group OAO Severstal are constrained by our view of the highly cyclical, capital intensive and competitive nature of the steel industry. Steel margins are relatively weak and in our ...
Tags: OAO Severstal, steel industry, Russia, steel
Ahead of the first tranche of 9.59% disinvestment of government ownership of 99.59% of Hindustan Copper Limited, India’s only vertically integrated producer of the red metal, the company’s share traded in small lots at up to INR ...
Tags: India, red metal, copper, metal industry, copper price
In the Q3 of 2012, the American division revenue declined by 8% to USD 410 million compared to the prior quarter primarily due to lower welded volumes and to a lesser extent price reductions across the welded pipe business. Continued ...
Tags: welded pipe business, pressure from imports, lower welded volumes
Energy Focus, Inc. announced financial results for the second quarter ended June 30, 2012. Financial results for the second quarter of 2012 include the following: -- Net sales were $7.7 million compared to $8.2 million for the ...
Tags: Energy Focus, financial results, the second quarter, sale
The rating on Wyomissing based Carpenter Technology Corp (Carpenter) reflects Standard & Poor's Ratings Services' assessment of the company's "satisfactory" business risk profile and "intermediate" financial risk profile. The company's ...
Tags: Carpenter Technology Corp, business risk, financial risk
The rating on Wyomissing based Carpenter Technology Corp (Carpenter) reflects Standard & Poor's Ratings Services' assessment of the company's "satisfactory" business risk profile and "intermediate" financial risk profile. The company's ...
Tags: Metallurgy, Mineral
Barry Callebaut said today (12 December) it had become the world's largest cocoa processor after agreeing to buy Petra Foods' cocoa ingredients business for US$950m. The Switzerland-based group, which supplies cocoa and chocolate ...
Tags: Cocoa, Food, chocolate products
Moody’s Investors Service has affirmed Vedanta Resources Plc’s corporate family rating at Ba1 and its senior unsecured rating at Ba3. The outlook for both ratings remains negative. Vedanta’s rating reflects its earnings ...
Tags: Vedanta, rating, acquisition, cash flow
For fiscal second-quarter 2013 (ended 28 October 2012), fiber-optic communications component and subsystem maker Finisar Corp, of Sunnyvale, Ca, USA, a global technology leader for subsystems and components for fiber-optic communications, ...