Pulp and paper company International Paper (IP) has announced plans to shutdown its No 2 paper machine and associated equipment permanently at the Augusta, Georgia mill in the US by the end of February 2013. According to the company, the ...
Tags: coated paperboard, Coated Paperboard business, paper company
Food and drink deals, particularly the acquisition of Weetabix by China's Bright Food Group, dominated large-scale merger and acquisition activity in the UK in 2012, a new report by Experian shows. Food and drink was the most active ...
Tags: food, drink, acquisition, Bright Food Group
Associated Press reported that aluminum producer Alcoa Inc launches the fourth quarter earnings season on Tuesday after the markets close. The sluggish global economy, including slower growth in China and the debt crisis in Europe, has ...
Tags: Alcoa, aluminum producer, aluminum, aluminum industry
Yonhap reported that major global investment banks predicted Wednesday that China's economy will grow more than 8% in 2013, picking up from the slower growth pace this year. Goldman Sachs expected a modest recovery in the Chinese gross ...
Tags: global investment banks, China's economy, gross domestic product, China
Moody's Investors Service on Tuesday placed Alcoa Inc's Baa3 senior unsecured and Prime-3 short term rating under review for downgrade, reflecting the headwinds facing the company due to the decline in aluminum prices. The outlook was ...
Tags: Moody, Investors Service, aluminum price, aluminum
IntercontinentalExchange's planned acquisition of NYSE Euronext, announced Thursday, will expand opportunities for trading between energy and equity products as well as give control of successful agricultural products to the Atlanta-based ...
Tags: IntercontinentalExchange, energy, equity products, agricultural products
Apple on Tuesday announced record sales of its iPad tablet, but missed Wall Street's consensus on total revenue. During an earnings call with analysts and reporters, Apple said it had sold 17 million iPads, an increase of 84% over the ...
Tags: Apple, record sales, iPad tablet, Wall Street, total revenue
The global market for business analytics software grew roughly 14% in 2011, fueled by pervasive hype about "big data" as well as new technological innovations, according to a report unveiled by analyst firm IDC on Wednesday. Between now ...
Tags: business analytics software, global market, technological innovations
German steel giant ThyssenKrupp while announcing the results has given following outlook From today's perspective, the Group's performance in the 2012/2013 fiscal year will be characterized to a very large extent by the continued ...
Tags: outlook, ThyssenKrupp, operations, organic growth
According to the latest statistics released by the China Association of the National Shipbuilding Industry, gross industrial output of the 1,630 large and medium ship enterprises in China saw slower growth of 2.7% YoY to CNY 651.5 billion ...
Tags: China Association of the National Shipbuilding Industry
US infant formula group Mead Johnson has lowered its full-year sales outlook, citing a slowdown in Chinese demand. In its second-quarter earnings release today (26 July), Mead Johnson reduced its full-year sales guidance to a range to ...
Tags: Mead Johnson, full-year sales outlook, slowdown, Chinese demand, earnings
The paint and coatings industry has put a tremendous emphasis on the Chinese market where the largest international paint manufacturers all have built major operations and continue to invest there. Chinese paints and coatings ...
Tags: China, Investment, Continue, Expand, PPG
According to industry and government officials at the OECD's Steel Committee meeting in Paris on 6-7 December 2012,the growth in global steel demand is expected to be slower in the coming decade than during the previous 10 years but longer ...
Tags: OECD, global demand, steel, non-tariff measures
Driven by a combination of policy initiatives, California is poised to regain its dominant position in the US solar market in 2013, according to NPD Solarbuzz. Once the dominant player in the US on-grid solar market, California's ...
Tags: RPS goal, solar market, solar energy
Intel retained the market leadership in terms of revenues Worldwide semiconductor industry achieved a slower growth in 2011 when compared to 2010 primarily due to the macroeconomic uncertainties in the US and Europe, the earthquake and ...
Tags: Intel, semiconductor, smartphones, media tablets, e-readers