In preliminary estimates for its fiscal third-quarter 2016 (to 27 March), Cree Inc of Durham, NC, USA expects revenue of $367m, about 11.5% below the targeted $400-430m, and down from $435.8m the prior quarter and $409.5m a year ago. ...
Tags: Cree LED
Jaguar announced that it will rebuild its classic and iconic supercar XKSS as an ultra-exclusive continuation model. This supercar from the British luxury carmaker is considered to be one of the first supercars will be hand built to ...
Tags: Jaguar, XKSS, XKSS Supercar
US consumer watchdog the Federal Trade Commission (FTC) has filed a lawsuit against Volkswagen for deceiving consumers with illegal devices in its cars. FTC said the German carmaker had carried out false advertising campaign to promote ...
Tags: FTC, Federal Trade Commison, Volkswagen, Illegal emission devices
Mordor Intelligence announces the publication of their research report on the plant protein market. The report titled, "Global Plant Protein Market- By Product Type, Application, and Geography -Market Shares, Forecasts, and Trends ...
Meijer is setting a goal to sell only eggs sourced from cage-free farms by the year 2025, joining a growing group of food retailers, restaurant chains and food manufacturers that have announced similar plans. "Although our current volume ...
Tags: Meijer, Cage-Free Eggs, Food retailers, Restaurant chains
Skoda announced that it is entering a new auto business segment as part of its overall growth strategy for the 2025. It will be entering snow vehicle market with its new product, Snowman and will introduce its first snow groomer to market ...
Tags: Skoda, Auto Business Segment, Snow Vehicle
In his new role, Adler will be in charge of designing baby furniture, apparel and toys, with his first premium priced line set to debut in September. Mattel has revealed that designer Jonathan Adler will be joining the company as creative ...
Tags: Jonathan Adler, Fisher-Price, Mattel, Appointment
Buckhorn, a provider of reusable plastic packaging and material handling systems, has unveiled a new line of automotive products at Modex Show being held in Atlanta, Georgia, US. The products being showcased at the event include straight ...
Tags: Buckhorn, Reusable plastic packaging, Material handling system
McCormick & Company has revised its offer for Premier Foods to 65 pence in cash per each share of Premier Foods, valuing the latter at £1.5bn, and making its third approach to acquire the business. The revised offer follows two ...
Tags: McCormick, Premier Foods, Revised Bid
Mondelez Australia is now selling Oreo Thins in Australian supermarkets. First introduced in the US and China in 2015, the biscuit is described as a thinner, crispier version of a traditional Oreo. Oreo Thins will be available in ...
Tags: Mondelez, Oreo Thins, Australia supermarkets
Premier Foods has rejected the third offer from US-based spice manufacturer McCormick & Company, which had offered 65p per share of Premier Foods. Mr Kipling cakes maker said the proposal continued to undervalue Premier and its future ...
Tags: Premier Foods, McCormick&Company, Bid Offer
The Toyota Prius v is the only car which has got a good rating for headlights among 31 vehicles, according to a study by the Insurance Institute for Highway Safety (IIHS). A vehicle's price tag does not guarantee the quality of ...
Tags: Toyota Prius v, IIHS, Headlights
Chromatin and Zaad Holdings have entered into a long-term alliance to produce and distribute planting seed for grain and forage sorghum throughout the African continent. Zaad, a vertically integrated agriculture company, distributes seed ...
Tags: Zaad, Chromatin, Planting seed
Sara Lee, makers of bread, buns, rolls and breakfast products, has launched its first-ever, bakery-inspired bread, Artesano. Artesano bread is now available in grocery stores and major food retailers nationwide, just in time for April's ...
Tags: Sara Lee, Artesano Bread
The Fitbit Blaze and Alta fitness wearables have sold more than a million units apiece in their first few weeks on sale. The Blaze reached the milestone a month after going on sale, while the Alta notched up the figure in just three ...
Tags: Fitbit Blaze, Alta, Sales