US-based agri-processing company Archer Daniels Midland (ADM) is in negotiations to sell its cocoa business which is estimated to be worth $2bn, as part of its efforts to focus on its grains portfolio such as corn, and oilseeds, including ...
Tags: ADM, Agriculture&Food, Cocoa Business
Retailers and consumer packaged goods (CPG) companies today are dealing with new rules of consumer engagement as they seize opportunities from advanced technology and the digitally connected consumer, according to the 2013 Financial ...
Tags: CPG, Packaging&Printing, Digital
Burlington Coat Factory Investments Holdings, Inc. and its operating subsidiaries (the Company), a nationwide retailer based in Burlington, New Jersey, announced its operating results for the first quarter ended May 4, 2013. Operating ...
Tags: Burlington Coat, Apparel
US-based Campbell Soup has agreed to acquire baked snacks producer Kelsen Group from Maj Invest, a Danish private equity firm, and several other investors for an undisclosed amount. Kelsen, based in Norre Snede, Denmark, is a producer of ...
Tags: Campbell Soup, Baked Snacks
New LED lighting along Maine’s Interstate 295 will improve roadway lighting and reduce energy costs. The Maine Department of Transportation (MaineDOT) selected Holophane® HMAO™ LED high mast outdoor lighting fixtures from ...
Tags: LED Outdoor Lighting, Mainedot
US-based food production and distribution company Del Monte is considering the sale of its canned food business as part of the plan to focus on pet food business. The canned food division manufactures canned vegetables, fruit cups and ...
Tags: Agriculture, Food
US-based pork producer and processor Smithfield Foods has reported a 62.6% decline in net earnings to $29.7m for the fourth quarter of 2013, compared with $79.5m for the same period a year ago due to rise in feed costs and decline in hog ...
Tags: Smithfield Foods, Net Income
LDK Solar, a China-based solar firm reported its unaudited financial results for the first quarter ended March 31, 2013. According to the firm, first-quarter net sales were US$104.3 million compared to US$135.9 million for the fourth ...
Synutra International, a China-based infant formula manufacturer, has reported that its net earnings for the fourth quarter of 2013 c to $3.3m, compared with $7.5m for the same period in 2012. For the period ended 31 March 2013, the ...
Tags: Net Earnings, Food
The Inditex Group generated net sales in the first quarter of 2013 (1 February to 30 April) of 3.6 billion euros, growth of 5% year-on-year. Net income amounted to 438 million euros, 2% more than in the first quarter of 2012. Highlights: ...
Tags: Inditex Group, Apparel
KapStone Paper and Packaging has entered into an agreement to acquire the stock of the US-based containerboard manufacturer Longview Fibre Paper and Packaging from Brookfield Capital Partners II for $1.03bn. KapStone chairman and chief ...
Tags: KapStone Paper, Packaging
US-based food company J. M. Smucker has reported that its net earnings increased by 25% to $130.3m for the fourth quarter of 2013 , compared with $104.1m for the same quarter in 2012, reflecting higher margins, despite a slight decline in ...
Tags: Net Income, Agriculture
Mars Chocolate North America has introduced Combos Baked Snacks 7 Layer Dip Tortilla, which combines Tex-Mex flavors in a tortilla shell. The new Combos Baked Snacks 7 Layer Dip Tortilla is available in seven variant flavors, including ...
Tags: Agriculture, Food, Chocolate
Francesca's Holdings Corporation reported net income for the first quarter of 2013 of $10.9 million or $0.24 per diluted share, compared to net income for the first quarter of 2012 of $8.7 million, or $0.20 per diluted share. Adjusted net ...
Tags: America, Francesca, Apparel&Accessories
ANN INC. reported results for the fiscal first quarter of 2013, ended May 4, 2013. The Company also provided its outlook for the second quarter and the full year of fiscal 2013. Fiscal 2013 First Quarter Results Total net sales for the ...
Tags: America, Apparel&Accessories, Ann Inc