Hostess Brands, the bankrupt producer of bakery products in US, has selected two stalking horse bidders, McKee Foods and United States Bakery, for its Drake's snack cake brand and Sweetheart, Eddy's, Standish Farms, and Grandma Emilie's ...
If you have young children or grandchildren, look at them and imagine signs around their necks: “I owe my government $52,000 — and each day I will owe more.” While the number varies according to the parameters of data ...
Tags: finance, money management, bullet
Given the fact that retail sales and consumer spending represent roughly two-thirds of total economic activity in the United States, it is fairly east to surmise that the current numbers are not where they need to be to lift economic growth ...
Tags: NRF, Lower Retail Sales, 2013
Wireless Solution Sweden AB has reported its achievements during 2012 and is preparing for "an even stronger future". The company broke its own record with a 50% increase of turnover between 2010 and 2011, and an additional increase ...
Tags: Wireless Solution, Sweden AB, 2012
Chiquita Brands has indicated that fourth quarter and full year results for 2012 are down on 2011 due to a poorer performance from its salad business, poorer currency exchange and on-off charges. The banana group said today (28 January) ...
Tags: Chiquita Brands, fourth quarter, 2012
The boss of Britain’s biggest food manufacturer, Premier Foods, has quit the debt-laden company today (January 28) after only 18 months, in a move that surprised City analysts. Shock move: Michael Clarke is to quit Premier Foods. ...
Tags: Premier Foods, Boss, Michael Clarke
Li Ning Company Limited, one of the leading sports brand companies in China, announced that its Board of Directors (the "Board") proposes to raise approximately HK$1,847.8 million to HK$1,868.6 million by way of an Open Offer of Convertible ...
Tags: Li Ning, sports brand, Open Offer
Business conditions at architecture firms continue to improve, according to the latest Architecture Billings Index (ABI). The American Institute of Architects (AIA) reported the December ABI score was 52.0, down from the mark of 53.2 in ...
When your country wears more Depends than Pampers, economic disaster is soon to follow. In 2012, adult diapers outsold baby diapers in Japan. The statistic is an unnatural stunner and points to a population chart that has literally been ...
Tags: Pampers, economic disaster, Diapers
EU car sales dropped significantly in 2012, due to the ongoing debt crisis and the economic crisis, falling to the lowest level in 17 years. Newly registered vehicles in 2012 were 12,053,904 units in 2012, down 8.2% over 2011. It’s ...
Tags: car sales, auto industry, European market, car industry
Credit Umbrella Inc. is a reputable company that has made a mark in the industry by providing user-friendly credit repair software. It has now announced to offer TurboScore® Home Edition 2012 to the clients at a great discount. This ...
Reuters reported that credit rating agency Moody’s downgraded ThyssenKrupp’s debt to “junk” status due to challenging market conditions and profit losses in its Brazil and US sites. ThyssenKrupp replied that its ...
Tags: Moody, Steel, Steel Americas
Growing evidence of an emerging economic recovery in Europe pushed the Australian dollar to three-week lows today. Some market watchers say this might signal an important shift in direction for the currency. Traders say heavy-selling of ...
Tags: Dollar, Australian dollar
Lenovo on Monday played down reports that it was interested in buying Research In Motion, saying that the BlackBerry maker was one of many companies it was looking at as a potential takeover target. Lenovo's chief financial officer, Wai ...
Tags: Lenovo, RIM, BlackBerry
India Ratings’ outlook for cotton textiles remains negative to stable for 2013 on account of subdued demand, although margins are expected to benefit from softening raw material prices. The outlook for synthetic textiles remains ...
Tags: cotton textile, cotton, textiles, cotton prices