BASF increased spending on research and development to €1.8 billion (2012: €1.7 billion) in 2013. "In absolute terms, we lead the field in the chemical industry with our research and development expenditures," said Dr. Andreas ...
Tags: Construction, Decoration, Basf, Coating
J. C. Penney Company, Inc. announced financial results for its first quarter ended May 3, 2014. First Quarter Highlights: -Same store sales increase 6.2%, exceeding guidance; second consecutive quarter of growth -Gross margin ...
Tags: J.C.Penney
Nike, Inc. released its FY12-13 Sustainable Business Performance Summary, providing an update on performance against current business, labor and environmental goals as the company works toward its goal of decoupling profitable growth from ...
Tags: Nike, Environmental Impact
US-based automotive parts supplier Lear Corporation has opened a new automotive parts manufacturing facility in Kenitra, Morocco in the northern Region of Africa. The new facility will see production of wire harnesses and electrical ...
Tags: automotive parts, Lear Corporation
For first-quarter 2014, broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA has reported revenue of $23.3m, down 35.9% on $36.3m last quarter and 11.8% on $26.4m a year ago. The firm had two ...
Tags: Anadigics, wireline communications
Transcontinental has completed the previously announced acquisition of flexible packaging producer Capri Packaging from Schreiber Foods for $133m. According to Transcontinental, the acquisition will add around $72m revenues to the ...
Columbia Sportswear Company raised its 2014 outlook after announcing record first quarter net sales, a sharp increase in first quarter profits, surging wholesale demand, a strong launch of its Chinese joint venture and the acquisition of ...
Tags: Sportswear, Apparel
Amer Sports reported net sales reached €501.5 million in the quarter ended March 30, an increase of 6 percent in local currency, or currency-neutral, terms. The owner of Acr'teryx, Salomon, Suunto and other outdoor sporting goods ...
Tags: Sporting Goods, Recreation
Post Holdings, the parent company of Post Foods and a manufacturer of ready-to-eat cereals, has signed a deal to buy Michael Foods from GS Capital Partners, Thomas H Lee Partners and others. Michael Foods supplies egg products, ...
Tags: Egg Distributor
Archer Daniels Midland (ADM) has withdrawn plans to sell its global cocoa business and is now pursuing options to divest its chocolate business. The decision comes as the company's negotiations to divest cocoa unit were not successful. ...
Tags: Chocolate, Cocoa, Archer Daniels Midland
German flavors and fragrances producer Symrise is in talks to acquire French ingredients maker Diana for around €1.3bn. The proposed deal will strengthen Symrise's presence in the flavor and nutrition market, and allow it to ...
Cherokee Inc. a global marketer of style-focused lifestyle brands, announced today that its Board of Directors approved the distribution of a quarterly dividend of $0.05 per common share to stockholders of record as of April 11, 2014. The ...
Tags: Cherokee, lifestyle brands
Levi Strauss & Co. announced financial results for the first quarter ended February 23, 2014. Net revenues declined one percent on a reported basis and were flat on a constant-currency basis, reflecting lower sales at wholesale in the ...
Tags: Levis, women's products
Maple Leaf Foods today announced changes to its organizational structure and leadership that will be effective upon completing the sale of its 90% ownership in Canada Bread Company, Inc. to Grupo Bimbo, S.A.V. de C.V., which is expected to ...
Tags: Agriculture, Food
In the presence of Germany’s Chancellor Dr. Angela Merkel and the Chinese State President Xi Jinping, Daimler AG and its Chinese partner Beijing Automotive Industry Corporation (BAIC Group) today signed an agreement on the further ...
Tags: Daimler, BAIC, Mercedes-Benz