The Australian sharemarket limped to a flat close after a dovish speech from Federal Reserve chairman Ben Bernanke and a strong production report from Rio Tinto failed to dissuade investors from taking profits following strong gains in ...
Tags: Australian sharemarket, Rio Tinto, economy
The Australian dollar was little changed yesterday in Asian trading, in a muted response to remarks from US Federal Reserve chairman Ben Bernanke that the world's largest economy still had quite a way to go towards recovery, despite recent ...
The chairman of the Australian Securities & Investments Commission has broken ranks with Treasurer Wayne Swan on reform of the bond market, saying that any move to establish a retail corporate bond market must wait until there is a deep and ...
Tags: Australian Securities&Investments Commission, bond market
Digital Lumens receives $10 million in investments, ByteLight signs Solais Lighting as licensed lighting partner, SemiLEDs reports first quarter results, Acuity purchases Adura Technologies, and Rubicon closes a $25 million secured ...
Tags: Digital Lumens, Solais Lighting, SemiLEDs, LEDs
US baker Flowers Foods has reached an agreement with Hostess Brands to acquire its Wonder, Nature's Pride, Merita, Home Pride and Butternut bread brands for around US$360m. Flowers has emerged as the "stalking horse" bidder that, if the ...
Tags: US, baker, Flowers Foods, Hostess Brands
In 2012, Sika lifted sales by 5.8% to CHF 4.82 billion. This was largely attributable to Sika's strong global presence, which enabled the company to offset fall-offs in demand in European markets. 10.7% growth was achieved in the emerging ...
Ardagh Group, a global leader in glass and metal packaging solutions, today announced that it has made a binding and irrevocable offer and entered into exclusive negotiations with Compagnie de Saint-Gobain to purchase from it the entire ...
Tags: Ardagh Group, glass, metal, packaging solutions
Dell, the world's third-biggest PC vendor, is in talks that could see it taken over by private equity, according to reports. However, discussions with TPG Capital and Silver Lake are currently at a preliminary stage and financing has ...
Tags: Dell, PC, takeover, private equity
Dell may be sold to private equity, reports Bloomberg, with the computer company said to be talking to two private equity companies - Texas Pacific Group and Silver Lake. The reports surfaced after Dell's corporate strategy boss left to ...
Tags: Dell, private equity, company news
Japan credit exchange issued a bankruptcy situation report of the national textile enterprises in Japan in 2012. The report showed that the number of textile enterprises in bankruptcy was about 480, a decrease of 5.7% (29) compared with the ...
Tags: textile enterprise debt, debt, bankruptcy
US baker Flowers Foods has reached an agreement with Hostess Brands to acquire its Wonder, Nature's Pride, Merita, Home Pride and Butternut bread brands for around US$360m. Flowers will also take on 20 of Hostess' bakeries and ...
Tags: US, baker, Flowers Foods, Hostess Brands
US-based baking company Flower Foods has signed two agreements to acquire certain bakery assets of Hostess Brands. The value of the total deal is approximately $390m. One of the agreements includes purchase of the Wonder, Nature's Pride, ...
Tags: US, Flower Foods, agreements, bakery assets, Hostess Brands
In 2012, demand for TV-use LED backlight products was high, helping LED firms to maintain high to full capacity utilization rate. As many governments are beginning to ban the use of incandescent bulbs, the LED lighting market is expected to ...
Tags: LED backlight products, LED firms, LED lighting market, LED
In 2012,South Korea's total car output declined by 2.1 percent year on year,totaling 4,558,160 units,according to a report released by the Korean Ministry of Knowledge Economy(MKE).The report says that the decrease was due to sluggish ...
Global LED production value is expected to hit US$12.4bn in 2013,representing a 12%year-on-year growth,according to a report from LEDinside(the LED research division of TrendForce). Handset applications and LED lighting product demand are ...
Tags: LED Production Value, grow by 12 percent, US 12.4bn dollars in 2013