The US milk processor Dean Foods Co announced fourth quarter sales and profits which are lower-than-expected as raw milk prices remained high. According to the company, raw milk prices in US increased by 18% in the quarter ended Dec. 31, ...
Tags: Dean Foods, raw milk
Stryker Corp. is still on the prowl for acquisitions, although it isn’t naming names, the company’s CEO told analysts this week. Kalamazoo, MI–based Stryker Corp. has been eyeing British company Smith & Nephew Plc and ...
Falling LNG costs and rising domestic gas prices in China have made opportunistic purchases increasingly attractive for non-traditional LNG buyers, which are now putting pressure on state-owned terminal operators to gain access to their ...
Tags: LNG prices, LNG market
Johnson & Johnson’s fourth-quarter medical device sales fell by 4.7%, to $6.6 billion, with the biggest drop (7.7%) in the U.S., the company announced this week. Total fourth-quarter sales were down 0.6% year-over-year, to $18.3 ...
Tags: Medical Device Business, Health
A group of bipartisan business and government leaders released a report Friday that looks at the economic effects climate change is likely to bring to the Midwest, including the region’s farmers, and concludes that in some of the ...
Tags: climate, noon webcast, Agriculture
The procurement of cotton by the state run Cotton Corporation of India (CCI) has neared 5 billion bales of 170 kg each, during the ongoing season October 2014-September 2015, according to media reports. The CCI is actively purchasing ...
Supporting some upbeat holiday forecasts, Zumiez and Pacific Sunwear of California both raised fourth-quarter guidance after reporting healthy comps in December. A few department stores also showed above-plan performances although both ...
Tags: hard goods, footwear, Sporting Goods
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, ...
Tags: portfolio management, earnings-accretive cash deployment, Construction
Posted in Medical Device Business by Nancy Crotti on January 14, 2015 As the U.S. dollar strengthens amid global economic uncertainty, travelers aren’t the only ones affected. Major medtech companies including St. Jude Medical and ...
Tags: Medical Device, Health
US based home textiles retailer, Bed Bath & Beyond Inc said its sales grew 2.7 per cent from a year earlier quarter for fiscal 2014, ended November 29, 2014. Net sales for the fiscal third quarter of 2014 amounted to $2.94 billion, up 2.7 ...
Tags: Net sales, credit card, Textile
Graco Inc. has agreed to acquire the stock of Pennsylvania-based High Pressure Equipment (HiP) company for $160 million. The acquisition of HiP is subject to customary regulatory review and Graco expects to complete the transaction in the ...
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis inched up as the import-related loss has turned into a profit, while the import interest has generally stayed thin after the New Year ...
Tags: Copper Import, Copper
An alliance of Australia’s beverage manufacturers has responded to speculation that New South Wales could introduce a Container Deposit Scheme for beverage packaging, saying recent research has shown such schemes are “many times ...
The International Cotton Advisory Committee (ICAC) anticipates that, despite expected growth in cotton consumption this season, a world production surplus of 1.7 million tons is still expected. This, according to ICAC, will bring 2014/15 ...
Tags: cotton consumption, Textile
Just before Christmas, NSW Premier, Mike Baird, and the Environment Minister, Rob Stokes, wrote to the National Packaging Covenant Industry Association (NPCIA)’s chairman, Grant Musgrove, and Coca-Cola Amatil managing director, Barry ...
Tags: packaging waste litter, recycling, Packaging