Tingyi (Cayman Islands) Holding (SEHK: 0322) recorded operating revenue of USD 2.648 billion in the first quarter of 2013, growing 37.39% over a year earlier, announced the company on May 20. Net profits attributable to shareholders ...
Tags: Agriculture, Tingyi
Soft drinks firm Britvic is to close two factories and a warehouse, placing up to 400 jobs in jeopardy, in a bid to slash costs by £30M by 2016. Britvic's plans to cut 400 jobs with the closure of two factories and a warehouse are ...
Tags: Soft drinks, Food
Yahoo's board of directors has approved spending $1.1 billion in cash to buy popular blogging site Tumblr, according to The Wall Street Journal. The plan is for Tumblr to operate as an independent business, the Journal reported on Sunday, ...
Tags: Yahoo, Computer Products, Tumblr
US-based Wausau Paper has signed an agreement to sell its specialty paper business to a new company sponsored by a private equity firm KPS Capital Partners for about $110m. According to Wausau Paper, the new company will be known as ...
Tags: Wausau Paper, Paper Business
Investors have continued to cut back on share ownership, both directly and through managed funds, according to an ASX survey released today. The survey, conducted every two years, revealed that more than half a million people, or almost 3 ...
May 17, 2013 - Ideal Industries (Canada) Corp. is celebrating its 50th anniversary of manufacturing in Canada. Congratulations! “A 50-year anniversary is a testament to the commitment of the shareholders and the dedication of some ...
Stage Stores, Inc. reported financial results for the first fiscal quarter ended May 4, 2013. Total sales for the quarter increased 3.5% to $379 million from $366 million in the prior year first quarter ended April 28, 2012. Comparable ...
Tags: Stage Stores, Apparel
US-based frozen food manufacturer Bellisio Foods has agreed to acquire Overhill Farms in an all-cash merger deal valued at approximately $80.9m. Overhill Farms is a supplier of custom prepared frozen foods for branded retail, private ...
Tags: Bellisio Foods, Frozen Foods
Switzerland’s multi-line insurance provider Zurich Insurance Group has reported a business operating profit (BOP) of $1.4bn and net income attributable to shareholders (NIAS) of $1.1bn for the three months ended on 31 March 2013. ...
Tags: Zurich Insurance, Insurance
Hainan Haide Industry (SZSE: 000567) announced on May 16 that its two controlling shareholders were acquired by Wintime Investment Holding, for which the actual controllers are Wang Guangxi and his wife Guo Tianshu. Founded in April 2002 ...
Mecox Lane Limited (Nasdaq: MCOX) revealed net operating revenue of USD 21 million for the first quarter ended March 31, 2013, declining 43.5% year on year. Net loss reached USD 4.2 million, remaining level with a year ago and representing ...
Chinese pharmaceutical maker Taiji Group is accelerating consolidating its three listed units. The three units are Chongqing Taiji Industry (Group) Co., Ltd.(SHSE: 666129), Southwest Pharmaceutical Co., Ltd. (SHSE: 600666) and ...
One of the leading denim manufacturers in India, Suryalakshmi Cotton Mills Ltd, reported its annual audited profit & revenue numbers with a 5.11 % rise in revenue and a robust 7.28 % jump in the net profit for the year ended on March 31, ...
Tags: Cotton Mills, Cotton
Macy’s, Inc. reported higher sales and earnings for the first quarter of 2013, the 13-week period ended May 4, 2013. Based on the ongoing momentum in our business, as well as confidence in our future performance, the company also ...
Mellanox Technologies Ltd of Sunnyvale, CA, USA and Yokneam, Israel, a supplier of end-to-end InfiniBand and Ethernet interconnect solutions for servers and storage systems, has agreed to acquire privately held Kotura Inc of Monterey Park, ...