Liquidation is looming for collapsed distributor and systems integrator 2e2 after administrators admitted that they have given up trying to sell the company as a going concern.As a result,the administrator has announced the loss of 627 jobs ...
Tags: Liquidation Looms, Redundant, company news
Panasonic has reported its consolidated financial results for the third quarter and nine months ended December 31, 2012, of the current fiscal year ending March 31, 2013. Consolidated fiscal 3Q12 results Consolidated group sales for the ...
Tags: Panasonic, financial results, third quarter
Four months after joining Premier Foods, its chief operating officer Geoff Eaton has left the firm, on the same day (February 4) its new ceo Gavin Darby, joined the debt-laden food manufacturer. Geoff Eaton has left Premier Foods after ...
Kosche, a German producer of profile-wrapped mouldings and panels and wood-plastic composites (WPC), filed an application for the opening of self-managed insolvency proceedings. The Court approved this application and ordered preliminary ...
Tags: profile-wrapped mouldings, wood-plastic composites, Kosche
Aluminium can maker Ball reported Q4 income of $60.6m, down from earnings of $77.5m, in the fourth quarter of 2011. Sales were $2.11bn in Q4, compared with sales of $2.05bn in the fourth quarter of 2011. Fourth quarter earnings were ...
Tags: US, Pack Firms, packaging segment
The company's Q4 loss widens Swiss semiconductor firm STMicroelectronics said it will write down about $500m to exit its struggling mobile chip joint venture, which was formed in 2008 with Swedish telecoms equipment manufacturer Ericsson. ...
Tags: semiconductor firm, STMicroelectronics, mobile chip joint venture
Sumitomo Chemical has decided that it will close down an ethylene plant at its Chiba Works located in Ichihara, Chiba, Japan, in or before September 2015 when the next periodic shutdown maintenance will take place, to reinforce the ...
Full year 2012 earnings from continuing operations attributable to the Company were $1.12 per share (diluted), compared with a loss of $3.06 per share in 2011. Excluding certain items management considers not representative of ongoing ...
Tags: share, earnings, Interest expense
Avery Dennison Corporation announced preliminary, unaudited fourth quarter and full-year 2012 results. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise indicated, ...
Tags: RFID, RBIS Segment, Avery
Avery Dennison Corporation announced that it has signed a definitive agreement to sell its Office and Consumer Products (OCP) and Designed and Engineered Solutions (DES) businesses to CCL Industries Inc. a global leader in specialty ...
Tags: Avery Dennison Corporation, OCP, DES, CCL Industries
CCL Industries Inc., a world leader in specialty packaging solutions for the consumer products and healthcare industries, has signed a binding agreement to acquire the Office & Consumer Products and Designed & Engineered Solutions ...
Tags: label converting business, packaging solutions, CCL Industries
Bosses at the site in Perrywood, Worcester, are in talks with its 116 staff and have recently begun a 90-day consultation process. Sales decline The site, which is one of four the firm run in the UK, produces two piece and three piece ...
Tags: food packaging, food packaging sector, packaging industry
Philips operational results improved by 50% to EUR 875 million, while net income was impacted by significant charges in Q4 • Deal signed to transfer Audio, Video, Multimedia and Accessories business to Funai Electric Co., ...
Tags: Philips, LEDinside, operational results
Notice is given to the shareholders of Glaston Corporation to the Extraordinary General Meeting to be held on 12 February 2013 at 10 a.m. in Finlandia Hall, Veranda 1 hall, at Mannerheimintie 13 e, 00100 Helsinki, Finland. The reception of ...
Greencore reported a "satisfactory" start to the year today (29 January) as acquisitions in the US offset flat UK revenues. In a trading statement released ahead of its AGM, Greencore said that sales of at its convenience food business ...
Tags: Greencore, US offset flat, UK revenues