Graphic Packaging, a provider of packaging solutions to food, beverage and consumer product companies, reported Net Income for third quarter 2016 of $57.8 m, or $0.18 per share, based upon 320.4 million weighted average diluted shares. ...
Tags: Graphic Packaging, Packaging
Brazilian meat processor JBS has cancelled its plans to move some of its operations outside the country after a government agency BNDESPar vetoed a proposed reorganization. BNDESPar, Brazil's state development bank BNDES’ investment ...
Tags: meat processor, JBS
Apple is considering creating a pair of digital glasses that offer an augmented reality experience, according to a new report. The iPhone maker’s project is still in the “exploration phase” according to Bloomberg, which ...
Tags: Apple, digital glasses
Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
Intertape Polymer Group Inc., released results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights (as compared to third quarter 2015): Revenue increased 3.0% to $206.6 million primarily due to the ...
Detroit-based auto-parts maker American Axle & Manufacturing (AAM) has agreed to acquire Metaldyne Performance Group (MPG) in a transaction worth about $3.3bn. MPG provides lightweight components for use in powertrain and suspension ...
Tags: American Axle, Metaldyne
First Milk has agreed to sell its Manchester-based CNP Professional business to The Protein Partners. The company took the decision after a full strategy review. First Milk said the move will allow it to focus more on its core product ...
Tags: First Milk, Protein Partners
Nissan Motor has acquired a 34% equity stake in Mitsubishi Motors (MMC) and became its largest shareholder. MMC will also become part of the global Alliance with Nissan and Renault. With the addition of MMC, the Alliance will be in the ...
Tags: Mitsubishi Motors, Nissan
"Innovative play experiences, engaging storytelling and global execution of Hasbro's brand blueprint continues to drive consumer and retailer demand for our brand portfolio," said Brian Goldner, Hasbro's chairman, president and chief ...
Tags: Hasbro, Boys category
The company reiterates fiscal year 2017 GAAP EPS guidance of $4.29 to $4.49, or adjusted EPS1 guidance of $4.15 to $4.35. For fiscal year 2018, the company expects GAAP EPS to be relatively flat to fiscal year 2017 adjusted EPS1. ...
Mix 1 Life announced that it has acquired 100% of the shares of Scottsdale, AZ based BrandMark Products. BrandMark is an international distributor and sales agency of snack foods, beverage products and sports nutritional products. Its ...
Tags: Mix 1 Life, BrandMark Products, acquisition
Friedrichshafen / Stockholm – ZF Friedrichshafen AG, through its wholly-owned subsidiary ZF International B.V. (“ZF”), announced today that it has withdrawn its recommended public cash offer (the “Offer”) to ...
Tags: ZF, withdraw, public cash offer, Haldex
The Continental Corporation has announced targeted acquisitions to expand its technology expertise. The international automotive supplier, tire manufacturer and industrial partner has acquired the tire specialist Hoosier Racing Tire ...
Tags: Continental Corporation, acquisition, technology expertise
Have you come to terms with the idea that iPhone 7 has some nifty little aspects buried deep within it? Are you amazed by the iPhone 7 Plus's dual camera and amused the AirPods that look like they debuted in the wardrobe department of ...
Tags: Technically Incorrect, Apple, Tech Culture
ExxonMobil will hold its annual meeting of shareholders on Wednesday, May 25, 2016. Media access will be provided to authorized representatives of commercial news organizations who pre-register by Friday, May 20, 2016. Please note, only ...