ProAssurance Corporation (NYSE: PRA) announced today that its acquisition of Eastern Insurance Holdings, Inc. (Eastern) was completed effective January 1, 2014. Eastern's shareholders overwhelmingly approved the transaction at a special ...
Tags: ProAssurance Corporation, acquisition, Eastern Insurance Holdings
MEDNAX, Inc., (NYSE: MD) today announced the acquisition of Summit Anesthesia Associates, P.A., a physician group practice primarily based in Summit, New Jersey. The practice will become part of MEDNAX's American Anesthesiology division and ...
American commercial vehicles manufacturer Supreme Industries is set to sell its shuttle-bus business. The company manufactures truck bodies to the specifications of its customers. It also manufactures armored vehicles and trolleys. ...
Tags: Shuttle-Bus, commercial vehicles
House of Fraser, the UK and Ireland’s premium department store group, provides an update on its best ever Christmas trading period. Trading highlights include: - Like-for-like sales (ex VAT) for the first 9 weeks of the fourth ...
Tags: House of Fraser, Online Sales
GU Co. Ltd., a Japanese discount casual wear designer, manufacturer and retailer, is looking towards China for future growth and plans to use the platform to leapfrog into the big league and join the list of global fashion brands. Keishi ...
Tags: Chinese Market, casual wear
International credit rating agency Moody's has confirmed South Korea-based Hyundai Steel Co Ltd's Baa3 rating with a negative outlook. Moody's stated that the rating confirmation primarily reflects the positive impact that the merger ...
Tags: steel, metallurgy
India earned nearly US$ 15 billion through exports of textiles and apparel in the first six months of the current financial year 2013-14, according to the latest data released by the Reserve Bank of India (RBI). According to the ...
Crocs, Inc. announced that Blackstone Group LP is making a $200 million investment that will give the private equity firm a 13 percent stake in the shoe company. Crocs also said late on Sunday that John McCarvel, its CEO, plans to retire in ...
Tags: Crocs, Blackstone Group LP, investment, John McCarvel, retirement
Supreme Industries Inc., a manufacturer of specialized truck bodies, armored vehicles and trolleys, intends to divest its shuttle-bus business, the company reported. Supreme's shuttle-bus products represent less than 12% of consolidated ...
Starting this month, Canada Revenue Agency is sending out 33,000 letters to help Canadian taxpayers (as they put it) "better understand their tax obligations and to encourage them to correct any inaccuracies in their past income tax and ...
Tags: Transportation, Auto Parts
It is not surprising that tire industry analysts are re-evaluating the stock of Cooper Tire & Rubber Co. following the termination of its "merger agreement" with Apollo Tyres Ltd. on Dec. 30, 2013. Nick Mitchell, senior vice president for ...
Tags: tire, tyre, Auto Parts
Taiwan-based IC design houses have landed an influx of short lead-time orders from the gaming console sector as well as China's LED lighting industry, according to industry sources. Among IC vendors, Champion Microelectronic, On-Bright ...
Tags: LED Lighting, IC Design
BlueScope today announced plans to expand its Taharoa, New Zealand, iron sands export operations through the introduction of a third shipping vessel in FY2016. BlueScope will charter a purpose built 175,000 tonne slurry loading vessel and ...
Tags: BlueScope, iron sands, ship loading equipment, expansion
BASF and Gazprom signed the final agreement to swap assets of equivalent value. Through the swap, the BASF subsidiary Wintershall will further expand its production of oil and gas and exit the gas trading and storage business. The ...
Recep Tayyip Erdogan, Prime Minister of Turkey, and his Pakistani counterpart Nawaz Sharif have agreed to conclude Pakistan-Turkey Preferential Trade Agreement (PTA) by the first half of 2014. This was announced after the end of the ...