According to a new Ernst & Young survey, responding to frequently changing regulations and managing the effect on business and stakeholders are now the biggest concerns for power and utilities executives around the world—up from 2011. ...
Flagship Food has completed the acquisition of Atlantic Foods, a supplier and manufacturer of menu solutions to the UK foodservice market, for an undisclosed amount. The deal will bring together two businesses focused on developing, ...
Tags: Flagship Food, Atlantic Foods
Yahoo has acquired PlayerScale, a startup developer of infrastructure software for cross-platform gaming, adding to its string of recent acquisitions. The Internet giant said in a Twitter message Thursday that it would continue to support ...
Tags: Yahoo, PlayerScale, Gaming Infrastructure
Martin Operating Partnership has entered into an agreement to acquire substantially all of the assets and inventory of the US-based private-label packaging services provider NL Grease. The acquisition by the Martin Midstream Partners' ...
Chilled food manufacturer Greencore will continue to benefit from the long-term trend towards convenience food but, in the UK, the horsemeat scandal is continuing to depress its performance. Patrick Coveney predicted adjusted earnings per ...
Tags: Greencore, Convenience Food
Israel-based flavor and fragrance company Frutarom has reported that its net earnings increased 3.8% to $14m for the first quarter of 2013, compared with $13.5m for the same period in 2012. For the quarter, net sales increased 0.6% to ...
Tags: Frutarom, Net Earnings
Yahoo has confirmed widespread reports that it will acquire the popular blogging service Tumblr, and also promised not to "screw it up." The deal is worth about US$1.1 billion, nearly all in cash, and is expected to close in the second half ...
Tags: Computer Products, Yahoo, Tumblr
The Senate immigration bill's H-1B restrictions have clearly upset Indian IT services providers. But sometimes being in a tough spot can prompt a company to find new ways of approaching problems, as Infosys is doing with a plan to use ...
Tags: Immigration Reform, Software Robotics, Computer Products
For first-quarter 2013, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components enabling high-speed end-to-end information streaming over optical fiber and wireless networks) has ...
Tags: GigOptix, Electrical, Electronics
Quest Diagnostics has acquired the toxicology and clinical laboratory business of medical center operator Concentra. Concentra's Advanced Toxicology Network (ATN) laboratory business operates from a laboratory in Memphis, Tennessee, US. ...
Tags: Quest, Clinical Laboratory Assets
US-based baking company Flower Foods has reported that its net earnings for the first quarter of 2013 increased to $113.2m, compared with $37.9m for the same period in 2012. The increase in net income was driven by acquisition related ...
Tags: Flower Foods, Net Earnings
Food producer Cranswick is in “a strong UK position” after reporting revenue up by 7% to £875M for the year to March 31, according to City analysts. Damian McNeela, analyst with Panmure Gordon, said: “We ...
Tags: Full year results, Cranswick, Meat, Pork
Xerium Technologies, Inc. a leading global provider of industrial consumable products and services, announced that it has refinanced its existing term loan and revolving credit facility with the proceeds of a new term loan arranged by ...
This ground-breaking deal sets a global first for a vertically integrated solar manufacturer to move directly into the residential solar market – a sector currently worth €12bn per year globally and expected to represent 50% of ...
Tags: Solar Market, Solar
SIG Combibloc bucked the revenue trend. Revenue for SIG increased by 10%, to $514m for the three month period ended 31 March 2013 compared to $467m for the three months to 31 March 2012. However, revenue decreased at Evergreen driven by ...