After 107 years in business,Nowell's Contemporary Furniture announced that it will close its doors by the end of this year. Owner Jerry Nowell,who was diagnosed with Multiple Myaloma in 2010,announced the closing recently. ''I'm ...
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TORONTO — Leon's Furniture reported its net earnings per share fell 18.8% in the second quarter, driven in part by rising marketing costs, sagging housing starts and waning consumer confidence. Leon's said system-wide sales were ...
Tags: furniture
UK-based Kimal has entered into an agreement to distribute Actuated Medical's TubeClear system throughout Europe, the Middle East, and North Africa. The FDA and CE marked TubeClear system incorporates reusable control boxes and single-use ...
Tags: TubeClear system, mechanical system, decompression tubes
Taiwan Epistar's board of directors has agreed with a proposal to acquire Huga Optotech Inc. as its wholly owned subsidiary by all-stock swap at ratio of one Epistar share for 4.85 Huga shares. Baseline date for the swap is tentatively ...
Elite Leather reported that its Buck recliner has been named a finalist for the 2012 Pinnacle Awards. The Buck was designed by Michael F. Galardo, who was also honored with the 2010 Pinnacle Award for the Lugano sectional and the 2006 ...
Tags: Buck Recliner
Emcore Corp of Albuquerque,NM,USA(which makes components,subsystems and systems for the fiber-optic and solar power markets)has completed both a business and a management realignment in a company-wide restructuring that changes its ...
Global food ingredients manufacturer International Flavors and Fragrances saw its half-year net profits rise after its flavours business delivered a positive performance. Net income for the six months of the year ending 30 June, increased ...
Tags: food, flavors, fragrances, flavours business
Canadian seafood processor High Liner Foods saw its in half-year net profit plummet on the back of costs related to the acquisition of Icelandic Group. Net income for the six months of the year ending 30 June slides 80.9% to C$2.8m ...
Tags: seafood, acquisition, frozen seafood, food
GSI Group hit by scientific market slowdown 09 Aug 2012 Sales of fiber lasers from subsidiary JK Lasers triple year-on-year, but scientific orders are delayed. JK Lasers' carbon dioxide laser GSI Group, the owner of well-known ...
Tags: GSI GroupJK Lasers, Lights, Lighting, GSI Group, carbon dioxide laser
TriQuint adds ex-AT&T 3G network developer as independent director RF front-end component maker and foundry services provider TriQuint Semiconductor Inc of Hillsboro, OR, USA has expanded its board of directors by adding Roderick Nelson ...
Tags: TriQuint, Lights, Lighting, ex-AT&T 3G network
The board of directors of Kumba is pleased to announce the appointment of Mr Fani Titi as non-executive chairman of Kumba with effect from 1 October 2012.Mr Titi will take over the chairmanship of Kumba from Mr Allen Morgan who has served ...
Tags: Chairman, Bank, Kumba board, Investec
American chemical manufacturer Albemarle announced that its board of directors has authorized the expansion of its facility in Yeosu,Korea. The new facility is in the final stages of construction and will be dedicated to manufacturing ...
Tags: North America, South Korea, Albemarle, LED, MOCVD, Korea Facility
Specialty chemical manufacturer Albemarle Corp of Baton Rouge,LA,USA says that its board of directors has authorized the expansion of its facility in Yeosu,Korea,which is currently in the final stages of construction and will produce ...
Gardner Denver, Inc. (NYSE: GDI) reported second quarter 2012 net income of $75.3 million, or $1.51 per diluted share, compared to $67.1 million, or $1.27 per diluted share in the second quarter of 2011. Results for the second quarter of ...
Tags: market view, pump
Kraft Foods has said the split of the company in two, creating a North American grocery company and a global snacks manufacturer, will take place in October. The establishment of US grocery business Kraft Foods Group and international ...
Tags: Kraft Foods, snack, food, split in two