Fiscal 2013 Second-quarter Highlights(%cited vs.year-ago period amounts,where applicable): Diluted EPS from continuing operations of$0.51 as reported and$0.57 adjusted for items impacting comparability,up 19%as reported and up 16%on a ...
Tags: consumer foods, commercial foods, ConAgra Foods, profit
China Knowledge reported that Sichuan Transportation Investment Group has said it will issue RMB 1 billion in unsecured bills with a maturity of 365 days on the interbank market on December 20. The company said that the bills will be ...
Tags: Sichuan Transportation Investment Group, unsecured bills, bank loans
India's first credit information company, CIBIL, also becomes the first to provide market analytics to financial institutions on a SaaS model. It was by the beginning of the new millennium and the India Shining story was just about to get ...
Bloomberg reported that Schmolz+Bickenbach AG dropped as much as 3.8%after Standard&Poor's said the Swiss maker of steel for the car industry risks breaking covenants on its debt next year. S&P downgraded the steelmaker's credit rating to ...
Tags: S&P, debt, risks, Credit Rating
S&P released the following statement Overview We expect lower prices in the European stainless steel industry to push Luxembourg-based stainless steel producer Aperam's 2012 EBITDA well below our previous projections. Even ...
Tags: rating action, S&P, stainless steel industry, Aperam
Intel invested about $1.165bn to buy back stocks Chipmaker, Intel, has raised $6bn by selling its bonds to assist in repurchasing stock and use part of it for other business purposes. The firm issued $3bn of 5-year notes at 1.35%, ...
Tags: Intel, Chipmaker, repurchasing stock, back stocks
The long-awaited disposal of Metro's Real grocery chain in eastern Europe was finally announced this week, putting an end to months of speculation over the future of the division. French retail giant Auchan was the buyer, securing the ...
Tags: Aucha, Real grocery chain, Metro's Real, grocery
International credit rating agency Moody's has announced that the outlook for Asia's steel industry remains stable on the expectation that demand will increase modestly and that there will not be any significant additions to steel capacity ...
Tags: steel industry, International credit rating agency, Moody, steel export
US financial institutes may securitize solar PV system projects. Solar firms believe securitization of solar PV projects could help firms obtain funds easier, which would benefit the industry. Solar firms added that the commercialization ...
Siemens AG (SIE) announced plans to eliminate an additional 4,700 jobs at its Osram lighting unit after it injected 699 million euros ($908 million) in capital at the subsidiary it is preparing to spin off next year The job cuts, ...
Tags: Siemens, cut job, light, Osram lighting, LED
SunCoke Energy Inc announced plans to form a master limited partnership, SunCoke Energy Partners LP, which will have an ownership interest in certain of its coke-making facilities. We estimate that consolidated credit metrics will remain ...
Tags: SunCoke Energy, coke, coke making facility
Hyundai Asia Resources Inc, the official distributor of Hyundai vehicles in the country, said that sales in the first 10 months grew 13% YoY, driven by a strong turnover in the passenger car category. Hari said in a report that it sold ...
Tags: Hyundai Car, sales, aoro, car
Hong Kong-based Li&Fung Limited,the multinational consumer goods sourcing,distribution,and logistics group,announced it has appointed Ed Lam,MBA,CPA,as Chief Financial Officer in line with expansion of the senior management team to ...
Tags: Li&Fung, consumer goods, Ed Lam, CFO
Taipei,Sept.21,2012(CENS)--The Financial Supervisory Commission(FSC)publicized Taiwan-based wealth-management platform program for local people yesterday(Sept.20),which will meet wealth-management demand of local people via five major ...
Tags: FSC, Wealth-Management Platform Program, wealth-management demand
It's probably fair to ask why Japanese electronics maker Sharp--deep in debt and red ink,cutting workers and salaries,awash in excess inventory in the brutal LCD market--is actively promoting a line of talking vacuum cleaners. But the ...