Flowserve Corp. announced financial results for the fourth quarter and full year of 2012. In a separate release, the company also announced a 16.7% increase in its quarterly dividend to 42 cents per share, a replenished stock repurchase ...
Tags: Flowserve, shareholder action, Securities and Exchange Commission
Biotechnology company Dezima Pharma has secured €14.2m ($18.6m) for the development of its cholesteryl ester transfer protein (CETP) inhibitor, DEZ-001(previously TA-8995). The company received €9.8m capital in a Series A ...
Tags: Dezima Pharma, Biotechnology, therapies
Avery Dennison Corporation announced that its board of directors has appointed Martha N. Sullivan a director, effective February 27, 2013. Sullivan, 56, is the president and chief executive officer of Sensata Technologies Holding N.V., ...
Tags: Avery Dennison, Martha N.Sullivan, BoD
Kohl’s Corporation reported fourth quarter diluted earnings per share of $1.66 compared to $1.81 for the fourth quarter of 2011. Net income for the fourth quarter was $378 million compared to $455 million a year ago. For the year, net ...
Tags: Kohl's Corporation, fourth quarter, 2011
Bangladesh readymade garment (RMG) accessory manufacturers are eyeing emerging markets, including Japan, South Africa, Russia and Myanmar, as there is a decline in exports of apparel accessories to the traditional markets such as the EU and ...
Tags: RMG, readymade garment, emerging markets
The Board of Directors of Arkema met on February 27th 2013 to close the consolidated accounts of Arkema for 2012 and the annual financial statements of the parent company. At the end of the meeting, Thierry Le Hénaff, Chairman and ...
Tags: Board of Directors, Arkema, Sales, 2012
The Motion Control Association (MCA), the global trade group representing the motion control industry, announced its 2013 Board of Directors on February 21st during the annual MCA Business Conference in Orlando, Florida. John Hegel, ...
VMG Partners, a private equity firm that specializes in investing in and building branded consumer product companies in the lower middle market, today announced the promotion of Wayne K. Wu to Principal. "As we continue to grow and build ...
Tags: VMG Partners, equity firm, company news
US based financial holding company Markel’s planned purchase of Bermuda-based Alterra Capital in a deal valued nearly $3.13bn in cash and stock, has received approval from the shareholders of both firms. The transaction, originally ...
The Secondary Materials and Recycled Textiles Association (SMART) set the industry standard for the clothing collection bin industry with the release of a draft legislation, a position paper on the issue, and a Code of Conduct for its ...
Tags: SMART, industry standard, clothing collection bin industry
FibeRio, the developer and manufacturer of ground breaking Forcespinning® nanofiber production systems today announced it has completed a $13M capital raise led by two global strategic investors - SABIC Ventures B.V., Saudi Basic ...
Texas Instruments (TI) announced today it will begin shipping wireless charging chips this year that support multiple protocols, allowing a wider range of mobile devices to be charged using competing standards. The first multi-mode chips ...
Sirona Dental Systems, a developer of dental CAD/CAM systems, has appointed Jeffrey Slovin as the company's chief executive officer (CEO). In the new role, Slovin will take over the management of Sirona, which develops, produces, and ...
Tags: Sirona Dental, CEO, Dental Systems
Luxury and fashionable women’s lingerie brand Van de Velde announces its annual results for year 2012. - Consolidated turnover rises by 1.1%. - A decrease in wholesale turnover, a slight fall in gross margin and an important ...
Tags: lingerie brand, Van de Velde, 2012
Alcatel-Lucent's board has appointed Michel Combes as the company's new CEO, following Ben Verwaayen's recent resignation. It only took the Alcatel-Lucent's board two weeks to appoint a new CEO after Verwaayen's plan to step down became ...
Tags: Alcatel-Lucent, Michel Combes, company news