SME fund Enact has made a six-figure investment in flexible packaging company Excelsior which specialises in high quality gravure print for the food, confectionery and medical sectors. Enact's investment is aimed at helping Excelsior to ...
Tags: food, confectionery, medical sectors, Agriculture
Diamond manufacturers are entering an era of fierce competition as the looming decline in rough diamond supply is expected to place additional pressure on their already razor-thin profit margins. Manufacturer always operates with a ...
British luxury car maker Aston Martin is planning to raise funds to expand its product line to crossover SUVs, which is expected to help the company recover from sliding profit. The company is expected to raise between $156m-$234m in ...
Tags: Aston Martin, SUV Market
Emcore Corp of Alhambra, CA, USA, which makes compound semiconductor-based components and subsystems for the fiber-optics market, has completed the sale of its Space Photovoltaics business (announced on 17 September) to SolAero Technologies ...
Tags: fiber-optics market, solar cells, Electrical
Clothing marketer, Gildan Activewear said it posted record earnings per share performance for the fourth fiscal quarter ended October 5, 2014 for any fiscal quarter in its history. Net earnings in the fourth quarter of fiscal 2014 were ...
Tags: Clothing marketer, fiscal quarter, Apparel
Emcore Corp of Albuquerque, NM, USA, which makes compound semiconductor-based components and subsystems for the fiber-optic and space solar power markets, says that a special meeting of its shareholders has approved the sale of its Space ...
Gildan Activewear Inc., which is the largest supplier of branded athletic socks in the United States, reported record fourth quarter adjusted earnings per share of $1.00, up 20.5 percent compared to last year, but projected a loss for the ...
Ferro Corporation has completed the acquisition of tile coating manufacturer Vetriceramici S.p.A. for €83 million (approximately $104 million), subject to customary working capital and other purchase price adjustments. Vetriceramici ...
Tags: Tile Coatings, Construction
Finland-based paper and packaging company Powerflute has acquired core and coreboard manufacturer Corenso for €102.3m. Powerflute had previously announced that it would invest around €81m in the acquisition. However, the ...
Rémy Cointreau Group achieved consolidated sales of €471.8m for the first six months to 30 September 2014. The trend for the period (an organic(**)decline of 5.6%) thus showed some improvement compared with the 2013/14 fiscal ...
Tags: Liqueurs, Spirits, Agriculture
For its fiscal full-year 2014 (to end-August), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $14.5m, down 19% on $18m in fiscal 2013 (with LED chips falling 12%, LED components 23%, and lighting ...
Tags: Quarterly Revenue, Semileds, Electrical
India now has its first online platform, SMEcorner.com, which will address capital and financial needs of India’s vast small and medium enterprises (SMEs). SMEcorner.com has tied up with India’s biggest ecommerce retailer, ...
Tags: Lending Platform, Textile
GE Capital, Corporate Finance today announced it is providing $107.7m in credit facilities to Mariani Packing, one of the world’s largest independent producers of dried fruit. Mariani Packing, headquartered in Vacaville, CA, sells ...
Perry Ellis International reported sales declined 5.3 percent in the third quarter to $203.3 million, but managed to cut its loss in the period to $437,000, or 3 cents a share, from $3.0 million, or 20 cents, a year ago. Executives said ...
SkyPeople Fruit Juice, a producer of fruit juice concentrates, fruit juice beverages and other fruit-related products, has announced financial results for the third quarter ended September 30, 2014. Third Quarter 2014 Summary: * Revenue ...