Sainsbury's Bank, the 50/50 joint venture between the supermarket chain and Lloyds Bank, will outsource its entire banking IT platform when Sainsbury's takes complete control of the financial services organisation. Further reading ...
Tags: Sainsbury, IT, Computer Products
US stocks ended a tumultuous day with strong gains after a false tweet briefly sent financial markets veering, underscoring technology's role in tightly linking global markets. The Dow Jones Industrial Average briefly plunged Tuesday ...
Tags: US Markets, Reel on False
RPM International Inc. announced today that it has appointed Craig S. Morford to its board of directors in anticipation of the retirement of William A. Papenbrock. Papenbrock will retire at the company’s upcoming annual meeting on ...
Tags: RPM, RPM International, Construction
CECO Environmental Corp has entered into a definitive agreement to acquire Met-Pro Corp in a cash and stock transaction valued at approximately US$210 million. New York Stock Exchange-listed Met-Pro is a global provider of product recovery, ...
Tags: CECO Environmental, Manufacturing
Oxford Industries, Inc. announced the appointment of Mark Maidment as CEO of its Ben Sherman Group. Mr. Maidment has been with Ben Sherman since 2002 and served as its Creative Director since 2005, with responsibilities that have ...
Tags: Oxford, Accessories, Textile
PITTSBURGH, April 11, 2013 – PPG Industries (NYSE:PPG) today announced that it has reached a definitive agreement to acquire certain assets of Deft Incorporated, a privately-owned specialty coatings company based in Irvine, Calif. ...
Tags: coatings company, coatings, PPG
On Wednesday, Fort Lauderdale, Florida-based service center Metals USA Holdings Corp. announced that its stockholders approved the adoption of the merger agreement, entered into on February 6, 2013, among Metals USA Holdings Corp., Reliance ...
Tags: Reliance Steel, Metallurgy, Mineral, Energy
NeoPhotonics Corp of San Jose, CA, USA, a vertically integrated designer and manufacturer of both indium phosphide (InP) and silica-on-silicon photonic integrated circuit (PIC)-based modules and subsystems, says that, in connection with ...
Tags: NeoPhotonics PICs, Electrical, Electronics, Semiconductor
Residential and commercial manufacturer and importer Chromcraft Revington said it plans to voluntarily delist its stock from the New York Stock Exchange and deregister from Securities and Exchange Commission filing requirements. The ...
Tags: Residential, commercial, Furnishing
The US door manufacturer Masonite has submitted an application to the US Securities and Exchange Commission for Stock Exchange listing. The application is in connection with the planned initial public offering (IPO) of the ordinary shares, ...
Tags: door manufacturer, door
Hoping to keep its stock price above $1 per share and preserve its New York Stock Exchange listing, Furniture Brands International is asking shareholders to approve a reverse stock split. Shareholders were notified in a recent proxy ...
Tags: Furniture Brands, Furniture, Furnishing
US stocks started the second quarter down, pressured by disappointing manufacturing data, after the Dow industrials and S&P500 capped off the first quarter with records. The Dow Jones Industrial Average declined 5.69 points, or less than ...
Tags: US Stocks, Stocks, stock index
Suntech Power Holdings, a China-based vertically integrated large-size solar firm, has announced that it has been contacted by the New York Stock Exchange (NYSE) regarding unusual trading activity relating to its American depositary shares ...
Tags: Suntech, solar firm, Lighting
Insurance holding company Assured Guaranty has reported net income $110m, or $0.57 per share for the year 2012, compared to $773m or $4.16 per share during the same period last fiscal. The decline in the net income was primarily due to ...
Even though PC giants Hewlett-Packard and Dell reported significant year-over-year sales declines, tech stocks, buoyed by signs of confidence from other IT vendors, started to rise again Friday after slumping for most of the week. Vendors ...
Tags: Hewlett-Packard, Dell, IT industry