Greencore’s latest trading results follow a successful previous year for the group against a tough trading environment. They have been welcomed as a “sound start” to the new financial year by analysts who predict ...
Tags: Greencore, chilled foods, chilled desserts
Chiquita Brands has indicated that fourth quarter and full year results for 2012 are down on 2011 due to a poorer performance from its salad business, poorer currency exchange and on-off charges. The banana group said today (28 January) ...
Tags: Chiquita Brands, fourth quarter, 2012
The boss of Britain’s biggest food manufacturer, Premier Foods, has quit the debt-laden company today (January 28) after only 18 months, in a move that surprised City analysts. Shock move: Michael Clarke is to quit Premier Foods. ...
Tags: Premier Foods, Boss, Michael Clarke
Cost cutting is tipped to continue to be the focus of Australian companies when they release earnings results next month with investors looking for a more disciplined approach to growth plans after recent job losses and writedowns. ...
A government body in the U.K. has fined Sony $396,000 for using lax network security when its PlayStation network was hacked in 2011. The Information Commissioner's Office, a public agency to protect information rights of individuals, ...
Tags: U.K., network security, PlayStation network
Tempur-Pedic International Inc. a leading manufacturer, marketer and distributor of premium mattresses and pillows worldwide, announced financial results for the fourth quarter and year ended December 31, 2012. The Company also issued ...
Tags: Tempur-Pedic International, premium mattresses, pillows
The merger of Lextar and Wellypower, two LED subsidiaries of AU Optronics (AUO), will be completed on February 1, 2013. Industry sources noted that the pre-merger restructuring has been completed and effects will show in March, as ...
India Ratings’ outlook for cotton textiles remains negative to stable for 2013 on account of subdued demand, although margins are expected to benefit from softening raw material prices. The outlook for synthetic textiles remains ...
Tags: cotton textile, cotton, textiles, cotton prices
The dynamic nature of the global economy can also be felt in the paper, office supplies and stationery sector – new needs arise, new ideas are being sought. Restructuring and expanding assortments rank among the most important steps ...
Tags: Footprints
With a tough 2012 behind it, Advanced Micro Devices hopes to return to profitability this year through cost-cutting, new chips and other measures, executives said Tuesday. The moves include releasing new chips this year for laptops and ...
Tags: Advanced Micro Devices, chips, laptops, tablets
Gardner Denver, Inc. (NYSE: GDI) announced today that Vincent Trupiano has been appointed Vice President, Gardner Denver, Inc. and President, Industrial Products Group (IPG), effective immediately. In his new position, Mr. Trupiano has ...
Tags: Gardner Denver, GDI, Vincent Trupiano, Vice President, IPG
Advanced Micro Devices' financial struggles continued in the fourth quarter, with revenue sinking 32 percent due to slow chip sales and charges tied to restructuring and inventory adjustments. AMD reported revenue of US$1.16 billion for ...
Tags: Advanced Micro Devices, revenue, chip sales
Verizon Communications posted a net loss of $1.9 billion during the fourth quarter of 2012, but the losses were due to a series of one-time expenses announced earlier. The company on Tuesday announced revenue of $30 billion for the fourth ...
Tags: Verizon Communications, net loss, revenue
Dell is said to be close to being bought out for about $24bn (£15.1bn) as the crisis amid PC makers takes its toll on one of the world's largest technology firms. The company, which has switched its focus from producing PCs to ...
Tags: Dell, PC, IT service
Zacky Farms, the US-based poultry company that filed for bankruptcy last year, has announced that it will be selling its assets to The Robert D Zacky and Lillian D Zacky Family Trust, a move which will protect nearly 1,000 jobs. The trust ...
Tags: Zacky Farms, poultry company, Lillian D Zacky Family Trust