Sears Canada Inc. announced that its Board of Directors declared that an extraordinary cash dividend of $5.00 per share on all Common Shares of the Company, or approximately $509 million, in the aggregate, will be paid on December 6, 2013 ...
Tags: Sears Canada, Apparel
Carr's Milling Industries is eyeing acquisitions in the UK and overseas for all of its divisions, including its food business, which supplies flour to bakers and baked good manufacturers. Carr's Milling opened its Kirkcaldy flour mill for ...
Tags: Carr's Milling, eye, acquisition
Sainsbury has overtaken Asda to become the UK’s second biggest supermarket, as the row with market leader Tesco – over its price comparison policy – continues. Justin King: 'We are leading among the supermarket pack' ...
Tags: sainsbury, supermarket, Tesco, row
Driven by firm steel prices in the Taiwanese domestic market, most of Taiwanese electric furnace (EF) mills’ third quarter sales have stayed firmly. Tung Ho Steel, the major rebar and H beam makers in northern Taiwan has reported that ...
Tags: domestic market, electric furnace
Indian miner Vedanta Resources has announced its financial results for the first half ended on September 30 of the financial year 2013-14. While Vedanta's profit after tax amounted to $243.4 million, falling 74.2 percent compared to the ...
The federal deficit – the amount by which the US government’s total budget outlay exceeds its total receipts for a fiscal year – is estimated at $680 billion for 2013. The federal debt – the sum total of the ...
Asian spot butadiene prices have slumped 18-20% in November under selling pressure as buyers retreated amid ample supply. Key benchmark CFR China has fallen $360/mt or 20% since October 31 to be assessed at $1,400/mt Thursday. The FOB ...
Tags: Spot Butadiene Prices, Chemicals
Tronox Limited reported third quarter 2013 revenue of $491 million, up 1 percent versus $487 million in the third quarter 2012 and down 6 percent versus $525 million in the second quarter 2013. Adjusted EBITDA was $92 million compared to ...
Tags: Tronox, report, third quarter, 2013, financial results
The DuPont Co. said strong demand for agricultural products in Latin America offset weak pricing for a key industrial pigment in contributing to an increase in third-quarter earnings. The Wilmington chemical company reported net income of ...
Tags: DuPont, report, third quarter
The Obama administration said it isn’t “walking away” from a goal of 1 million EVs on the country’s roads by 2015. Heather Zichal, deputy assistant for energy and climate change at the White House, praised the soon ...
Tags: US, government, 1 million, EV
Sysco, one of the major coating steel mills in Taiwan, has announced its combined sales revenue totaled NT$3.827 billion in the third quarter of this year, growing by 11.6% from a quarter ago. However, the weak average selling price caused ...
Tags: coating steel mills, Mineral
A new dedicated infrastructure trust fund would widen roads, expand provincial highways and boost infrastructure overall, says the Ontario Trucking Association (OTA). With the new dedicated trust fund - called the Trillium Trust - revenue ...
Tags: trust fund, infrastructure, OTA
A commitment to invest more than $35 billion in infrastructure over the next three years was promised by Ontario finances minister Charles Sousa. Sousa delivered his fall economic statement yesterday and outlined the Wynne ...
Tags: dedicated, trust, fund, revenue, infrastructure, Ontario
Volvo Trucks has set out to become a more prominent player in the Mexican truck market, by expanding its dealer presence here and re-evaluating its traditional approach to this market. That was the message from an invigorated Matthew ...
EZZ steel, Egyptian-based steel producer released its carbon steel hot rolled coil domestic and export prices for November. Its latest ex-work price of hot rolled coil (HRC) is unchanged since October about US$624/ton included 11% of ...
Tags: EZZ Steel, HRC Export Prices