Campbell Soup has entered into an agreement to acquire Bolthouse Farms, a US-based food and beverage company, from private equity firm Madison Dearborn Partners for $1.55bn in cash. The acquisition is a part of Campbell's strategy to ...
Tags: food and beverage company, private equity firm, leading market positions
A strong growth was observed in apparel exports from Bangladesh to new markets during the first three months of Bangladeshi fiscal year 2012-13 that began on July 1, 2012. From July to September 2012, Bangladesh exported US$ 4.29 ...
Japanese carmaker Mazda Motor is planning to double the production of SKYACTIV-D diesel and SKYACTIV-G gasoline engines at its Hiroshima engine plant. The company will increase the engine production from 400,000 units to 800,000 units per ...
Tags: Mazda Motor, SKYACTIV-D diesel, SKYACTIV-G gasoline engines
German luxury car manufacturer Audi's Indian subsidiary, Audi India, has recorded 50% rise in its sales in April with 562 cars sold, when compared to the 375 cars sold during the corresponding month last year. During the period from ...
Tags: luxury car, Audi, luxury SUV segment, carmaker
American Financial Group has reported net earnings attributable to shareholders of $226m or $2.39 per share for the third quarter of 2012, with an increase of 133% from $97m, or $0.95 per share, during the same period last year. Its core ...
Tags: American Financial Group, net earnings, quarter 3, shareholder
Siemens has entered into an agreement to acquire Invensys Rail, the rail automation business of Invensys for approximately EUR 2.2 billion. At the same time, the company plans to divest its baggage handling, postal and parcel sorting ...
Tags: Siemens, rail, baggage handling, postal, parcel sorting activities
Genesco Inc.reported third quarter of Fiscal 2013 results. Net sales for the third quarter of Fiscal 2013 increased 7.8%to$664.5 million from$616.5 million in the third quarter of Fiscal 2012.Comparable store sales in the third quarter of ...
Hormel Foods has announced that the company surpassed the packaging minimization goal by reducing packaging by a total of 21.8 million pounds, as part of its first set of five-year goals, which ended in 2011. The new goals, which became ...
Tags: product packaging, sustainability metrics, packaging weight
BlackBerry manufacturer Research in Motion's (RIM's) apparent return from the brink has continued with stock prices increasing again following a rise in rating by Goldman Sachs. Share values in the Canadian firm rose six per cent after a ...
Tags: BlackBerry, RIM, smartphone, return from the brink
Japanese carmaker Nissan has recorded 4.845 million units in global sales in the fiscal year 2011, up 15.8% from last year's 4.185 million units, as demand for its vehicles outperformed the total auto industry which increased 4.2%. Nissan ...
Tags: nissan, operating profits, record sales, vehicles, electric vehicle
Nissan Motor will carry out tests of its electric commercial vehicle, e-NV200, in the Tochigi prefecture's rural areas of Japan. The e-NV200 test vehicle to be used is based on Nissan's multi-purpose compact van, NV200 and will follow ...
Hain Celestial,a US-based natural and organic food products company,has reported that its net income from continuing operations increased by 56.6%to$19.8m for the first quarter of 2013,compared to$12.6m for the same period of fiscal 2012. ...
Tags: net income, net sales, Celestial Seasonings, brands
Bloomberg reported that Japanese aluminium buyers look set to secure their first fee reduction from suppliers in a year as the economy continues to shrink. Aluminium fees have doubled over the last year hitting record highs on the back of ...
Neiman Marcus Inc. reported financial results for both the fourth quarter and fiscal year ended July 28, 2012. For the fourth quarter of fiscal year 2012, the Company reported total revenues of $1.00 billion compared to $919.7 million in ...
Tags: Neiman Marcus, financial results, investment
Hitachi Cable's subsidiary Hitachi Cable Europe (HCE) has built a new automotive component manufacturing facility in the Czech Republic to raise sales in the Europe. The new 3,200m2 is expected to begin its commercial production from ...
Tags: Hitachi Cable Europe, automotive component, commercial production