USA Triathlon has added four new members to its 12-member board of directors, the organization announced Monday. "These four talented individuals possess a magnitude of experience in the worlds of business, governance and multi-sport, and ...
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Allen Shiver, president of US baker Flowers Foods, has been named the company's new CEO. Shiver, who has spent over three decades at Flowers, will replace George Deese in May. Deese, also Flowers chairman, will become executive chairman. ...
Tags: Allen Shiver, US baker Flowers Foods, CEO
Questions are being raised about the terms of Dell’s $24.4 billion buyout deal, as the number of shareholders voicing opposition to the plan appears to be growing. Dell is now increasingly on the defensive. This is not good news ...
Tags: Dell, buyout deal, shareholder
Faced with the growing difficulty of parking in downtown areas in Shanghai, Baosteel Engineering & Technology Group actively explores solutions. Approved by Baosteel Engineering Board of Directors, through the introduction of the world's ...
Tags: Baosteel Engineering&Technology Group, Stereo Garage Project
Toys R Us' Jerry Storch will step down as CEO after seven years at the helm, but will remain Chairman of the Board. He will also remain CEO while the retailer looks for his successor. Storch, 56, joined the company in February 2006 ...
Tags: Toys R Us, toy, company news
Swiss meat processing company Bell Group has booked an increase in full-year profits, despite what it claims has been a "demanding" market environment. In the 12 months to the end of December, net profit climbed 5.9% to CHF75.8m ...
Tags: meat processing company, Bell Group, full-year profits
Canadian dairy co-op Agropur has booked what it claimed are "remarkable" annual financial results, with higher sales and core earnings. Agropur posted a 5.1% rise in sales to C$3.7bn for the year to 3 November. The co-op did not provide ...
Global food group Nestle said 2013 looks every bit as "challenging" as 2012, a year when profits increased but underlying sales growth slowed. The Swiss food giant reported a 11.8% increase in earnings of CHF10.61bn (US$12.02bn) in 2012. ...
Hasbro reported a slight drop in overall revenues and profit for its 2012 financial year, as expected. It said the holiday season was "challenging" in certain territories. Net revenues for the full-year 2012 were $4.09 billion, compared ...
Tags: Hasbro Profits, Toys, overall revenues
Canadian dairy cooperatives Agropur and Farmers Co-operative Dairy plan to merge their operations. Announcing the move, the dairies said it would benefit their farmer-owners by providing national scale and accelerating a process of ...
Tags: dairy cooperatives, Agropur, Farmers
Brazilian meat giant Marfrig has named VP of finance Ricardo Florence dos Santos as its CFO. Dos Santos will replace Alexandre Mazzuco, who will "pursue other professional challenges and focus on personal projects", Marfrig said. It is ...
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German Water Partnership, as a partner of Wasser Berlin International (WBI), will carry out and contribute to a variety of activities and events within the framework of the trade fair, the international congresses and the fora on water and ...
Tags: German Water Partnership, Wasser Berlin International, 2013
Reports circulating that Hewlett-Packard's board of directors is considering a breakup of the company are untrue, a source close to company said. The financial news site Quartz.com reported on Tuesday that HP's board is again discussing ...
Tags: Hewlett-Packard, PC unit, company news
Just as Dell announced it had finalized its buyout deal, Hewlett-Packard came out swinging, criticizing its rival and declaring it's going after Dell's customers. On Tuesday, Dell, the third-largest PC maker, said executives had finalized ...
Tags: Dell, Hewlett-Packard, buyout decision
Southeastern Asset Management, Dell's biggest external shareholder, has written a letter to Dell's board of directors to express its "extreme disappointment" at the company's $24.4bn (£15.54bn) buyout deal, claiming that it "grossly ...