Britain’s biggest food manufacturer Premier Foods has confirmed the completion of the sale of its sweet pickles and table sauces business to Mizkan for pound 92.5M in cash. Premier Foods has completed the sale of its sweet ...
Tags: food manufacturer, Premier Foods, sweet pickles, table sauces
Aluminium can maker Ball reported Q4 income of $60.6m, down from earnings of $77.5m, in the fourth quarter of 2011. Sales were $2.11bn in Q4, compared with sales of $2.05bn in the fourth quarter of 2011. Fourth quarter earnings were ...
Tags: US, Pack Firms, packaging segment
Pressure is mounting on the banks to pass on to customers savings from the thawing in wholesale funding markets, with retailers and mortgage brokers seizing on revelations the banks are raising money at the cheapest rates in years. Ahead ...
Tags: rate cuts, funding markets, debt markets
Manufacturing growth began 2013 on a strong note in January, according to the January Manufacturing report on Business from the Institute for Supply Management (ISM). The PMI, the index used by the ISM to measure manufacturing activity, ...
Tags: Manufacturing growth, 2013, strong note
US food manufacturer Lancaster Colony has recorded an increase in first-half profits, boosted by sales growth in both of its divisions. Earnings in the six months to the end of December amounted to US$61.9m, a 20% increase on the ...
The American Architectural Manufacturers Association (AAMA) will host its 76th Annual Conference February 24-27 at the Loews Ventana Canyon in Tucson, Ariz. The event will feature keynote speaker, Robert Tucker, author of Innovation is ...
Michael Dell will launch his private-equity-backed plan to take Dell, the company he started in 1984, private as early as next week. The founder and CEO of the PC vendor is expected to offer $24bn (£15.3bn) or more with the backing ...
Tags: Michael Dell, Silver Lake Partners, Dell
At the time of the appointment of the current Board on 3 October 2012, the Victoria Directors made it clear that they wished to directly link the performance and reward of key personnel to the creation of wealth for shareholders. This link ...
Tags: Victoria Directors, Shareholder, Wealth
Full year 2012 earnings from continuing operations attributable to the Company were $1.12 per share (diluted), compared with a loss of $3.06 per share in 2011. Excluding certain items management considers not representative of ongoing ...
Tags: share, earnings, Interest expense
The solar industry believes market conditions will improve in 2013 because firms now have a consensus to stop price competition. In addition, firms that dumped products and disrupted prices now have lower inventory levels, hence the market ...
Tags: solar industry, 2013, China
Meat firm Cranswick has offset rising pig prices to deliver "impressive growth" in the three months to December 31, according to City analysts. Cranswick delivered "impressive growth", despite soaring pig prices Panmure Gordon analyst ...
Tags: Cranwick, pig prices, Meat firm
Following disappointing jobs report and the news earlier this week that US fragile economic recovery has come to a virtual halt, it is imperative that the White House and Congress immediately make economic growth and job creation their top ...
Tags: retail jobs, NRF, Textile Industry
Italian heavy-duty vehicles maker Fiat expects the revenue to rise 5% in 2013 with the acquisition of the US-based farm and construction equipment maker, CNH. The company invested EUR197m to acquire 25% of the CNH shares, following which ...
Tags: heavy-duty vehicles, Fiat, CNH
Hornby has seen its debt fall as it restructures its board. Plus, the majority of its discounted branded Olympics products have now been sold. Net debt as of December 31st, 2012, was £3 million, an improvement of £5.5 ...
Tags: Hornby, net debt, Board Restructures
On January 31, Anhui Province-based Chinese steelmaker Ma’anshan Iron and Steel Co. (Masteel) issued its anticipated financial results for 2012. Accordingly, Ma’anshan Steel has estimated a net loss of RMB 3.72-3.95 billion ...
Tags: Masteel, steelmaker, Steel