Cereal maker Post Holdings’ subsidiary Michael Foods has entered into an agreement to acquire National Pasteurized Eggs (NPE) for undisclosed sum. NPE offers pasteurized shell eggs under the Davidson’s Safest Choice brand and ...
Tags: Michael Foods, Post Holdings, NPE
Shipment of mobile application processors for smartphones and tablets in the China market are expected to grow 18.6% in the second half of 2016 from those shipped in the first half of the year due to seasonal demand and inventory build-ups ...
Tags: smartphones, tablets
COFCO has reached an agreement to acquire the remaining minority stake in Nidera Capital to gain full ownership of the company. The minority stake has been bought by COFCO International from Cygne to gain 100% ownership in Nidera. The ...
An increase in eastbound long-haul grain and petcoke cargoes from the US Gulf Coast has triggered a rebound in Handysize and Supramax freight rates in this key loading area this week. Also, inquiries in the region remains spearheaded by ...
Tags: Corn Demand, US Gulf Coast
Operating profit excluding special items was strong at $97m despite the third quarter being seasonally the weakest due to the summer holiday period in the northern hemisphere and the scheduling of annual maintenance work during the period. ...
For its fiscal fourth-quarter 2016 (to 2 July, a 14 week quarter), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $125.2m, up 24% on $101.1m last ...
Tags: Oclaro, optical communications, DFB
Mondi announced half-yearly results for the six months ended 30 June 2016. Highlights Continued strong financial performance on all key metrics Underlying operating profit of €529 million, up 8% Underlying earnings of ...
Tags: metricsUnderlying, Uncoated Fine Paper, Fibre Packaging
Business expectations for sales, profits and employment have bounced back for the three-month period to 31 December 2016, according to Dun & Bradstreet’s July Australian Business Expectations Survey. The surprising turn of events ...
Orchids Paper Products Company reported results for the second quarter of 2016. Jeff Schoen, President and Chief Executive Officer, stated, "I am encouraged by Orchids year-to-date 2016 performance, as converted product sales have ...
Tags: Orchids Paper, converted product
ASX-listed Clean Seas Tuna has increased its sales for the 2016 financial year by 83 per cent when compared to the2015 financial year. Clean Seas Tuna, Australia’s only commercial producer of kingfish, said its sales volumes ...
Tags: Clean Seas Tuna, Kingfish
Hyundai has unveiled the all new 2017 Elantra Sport at a meeting of the Washington Automotive Press Association in Alexandria, Virginia. The most powerful Elantra model ever, the Sport benefits from a variety of important powertrain, ...
Tags: Hyundai, Elantra Sport
US-based Fluor has completed work on Stora Enso’s consumer board machine in Beihai Mill in Guangxi, China. As part of the deal signed earlier, Fluor provided procurement and construction management services for the board machine and ...
KION GROUP AG, already one of the two largest suppliers of forklift trucks, warehouse equipment and related services with Linde and Baoli, amongst others, will become one of the largest global providers of intelligent intralogistics by ...
Smith & Wesson Holding Corp. reported revenues rose 22 percent in its fourth quarter ended April 30 and earnings that easily topped Wall Street expectations. ADVERTISEMENT >Fourth Quarter Fiscal 2016 Financial Highlights Quarterly net ...
Stora Enso has signed an agreement to divest the key assets of its Suzhou Mill in China, including the land-use rights and buildings, to the local government of Suzhou National New & Hi-tech Industrial Development Area (SND). During its ...
Tags: Paper Mill, Stora Enso