At the IEEE Honors Ceremony in New York City on 18 June, Dr David F. Welch - co-founder & president of Infinera Corp of Sunnyvale, CA, USA, a vertically integrated manufacturer of digital optical transport networking systems incorporating ...
Tags: Infinera, PICs, digital optical transport networking systems
Cabela's Inc. continues to explore selling World's Most Foremost Bank (WFB) and its retailing business in separate transactions even though such a sale could hurt the performance of both businesses, the company disclosed in a government ...
Tags: Cabela's Inc, WFB, shareholder value
Under Armour Inc. announced the final distribution ratio for its upcoming $59 million dividend to holders of the company's Class C non-voting common stock in satisfaction of the previously announced settlement agreement entered into by the ...
Tags: C stock, cash, fractional shares
Today amidst a gathering of the world's consumer goods industry leaders at the CGF Global Summit in South Africa, the United Nations Industrial Development Organization (UNIDO) and the Global Food Safety Initiative (GFSI) have signed a ...
Tags: CGF, Food Safety, CFSI
HanesBrands, the parent of Hanes, Champion, Gear for Sport and a number of intimate apparel brands, said that as part of leadership succession plan, Chairman and Chief Executive Officer Richard A. Noll will be narrowing his role to ...
Levi Strauss & Co. elected former CEO of L.L.Bean Inc., Christopher McCormick, to its board of directors, effective April 13, 2016. “As we work to accelerate profitable growth, we are expanding the board's expertise in the fastest ...
Tags: L.L.Bean, Levi Strauss
Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has confirmed that investment firm Paragon Technologies Inc of Easton, PA, USA, ...
LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has effected a one-for-ten reverse stock split of its outstanding common stock. The reverse stock split was approved by the board of directors on 7 January and by shareholders ...
Tags: SemiLEDs
US-based private equity firm Wind Point Partners has acquired Evans Food Group and its subsidiaries. The financial terms of the deal have not been disclosed. Evans Food Group, which was founded in 1947 and acquired in 1985, is the maker ...
Tags: Wind Point, Evans Food, Pork Rind Snacks, Acquisition
Cambridge Nanotherm Ltd of Haverhill, Suffolk, UK, producer of nanoceramic thermal management technology, has appointed solid-state lighting expert Jed Dorsheimer to its board of directors. The firm says that Dorsheimer's role as managing ...
Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, Bankruptcy
Commodities trading company Glencore has entered into definitive agreement with Canada Pension Plan Investment Board (CPPIB) to sell 40% equity interest of Glencore Agricultural Products for $2.5bn in cash transaction. Glencore's ...
Tags: Glencore, Canada Pension Investment Board, CPPIB, Agricultural Products
ICTI Care's Mark Robertson outlines how a raft of new legislation, coming into effect today, means toy companies must take a closer look at their supply chain. Modern Day Slavery continues to make the headlines, and for very good reason. ...
Tags: Modern Day Slavery Act, ITCT CARE
Bed manufacturer Silentnight welcomed its local MP to the Lancashire site during National Apprenticeship Week (14-18th March), following the ongoing success of its award-winning apprenticeship scheme. Andrew Stephenson, Conservative MP ...
Tags: Silentnight, Bed manufactures, MP, Apprentice Award Presentation
The Finish Line Inc. reported earnings for the fourth quarter before non-recurring items fell 11.6 percent to $36.5 million, or 83 cents a share. Earnings came in at the high end of its guidance calling for earnings between 78 and 83 cents ...
Tags: Non-adjustments, Q4 Profits, Finish Line