Mexican steel producer Industrias CH (ICH) announced this week that it has $611 million in cash available to make acquisitions next year. Sources close to the firm said that increased operations would materialize in the short term, ...
Tags: steel, metallurgy
Taiwanese LED manufacturer LiteOn discussed the merger of multiple wholly owned subsidiaries during a board meeting conducted on December 16th. The merger will include LSE, LiteOn Clean Energy Technology Corp, Leotek, as well as the ...
Local electrical and renewable energy companies came together on December 5th to donate over thirty toys and $125 in cash to local, underprivileged children via a U.S. Marine Corps Reserve Toys for Tots drive held at Elitch Lanes in Denver. ...
Tags: Denver-Area Electrical Companies, IECRM, Toys for Tots
Stryker will settle four New Jersey lawsuits related to its ABG II and Rejuvenate hip implants for an undisclosed sum. The company expects to pay significant sums of cash to resolve the lawsuits and the hundreds of other similar cases that ...
Nucor Corporation announced Tuesday guidance for its fourth quarter ending December 31, 2013. Nucor expects fourth quarter results to be in the range of $0.35 to $0.40 per diluted share.This range represents a decrease from both third ...
When it comes to being true leaders and recognizing the value and importance of "giving back," the two most recent inductees to the World Floor Covering Association (WFCA) Hall of Fame had little competition. It's not often that industry ...
Tags: Construction, Decoration
UK-based 2 Sisters Food Group has posted an operating profit of £25.5m ($41.6m) for the 13 weeks ended 26 October 2013 (Q1 2013/14), compared to £30.5m for the same period last year. Total like-for-like (LFL) sales increased ...
Tags: 2 Sisters Food, chilled foods
Wal-Mart has admitted some jobs will be lost from its business in India as the US retail giant plots its growth in the market alone. A report in India's Financial Express claimed Wal-Mart was letting go of 100-150 "senior- to mid-level ...
US fashion retailer Loehmann's Holdings has filed for Chapter 11 bankruptcy protection for a third time and said it plans to sell substantially all of its assets. The discount clothing chain filed its bankruptcy petition with the US ...
Tags: Loehmann's, bankruptcy, apparel
LINN Energy, LLC (Nasdaq:LINE) and LinnCo, LLC (Nasdaq:LNCO) announced today the successful completion of the previously announced merger between LinnCo and Berry Petroleum Company (NYSE:BRY). Under the terms of the agreement, LinnCo has ...
Tags: merger of company, LINN Energy, LinnCo, Berry Petroleum Company
Savanna Energy Services Corp. ("Savanna") and Fort McKay First Nation ("Fort McKay") are pleased to announce that Fort McKay-Savanna Energy Services Limited Partnership ("Partnership") has agreed to an initial purchase of approximately ...
Tags: Savanna, Fort McKay, McKay-Savanna Energy Services Limited Partnership
V8 Supercars has announced a six-year, $241 million media deal with Foxtel, Fox Sports and the Ten Network that will shift coverage away from its current home on the Seven Network from 2015. Comprising $196 million cash and $45 million of ...
Tags: V8 Supercars, Fox Sports
Black Ridge Oil & Gas, Inc. (the "Company") (OTCQB: ANFC), a well-positioned exploration and production (E&P) company focused on non-operated Bakken and Three Forks properties, today announced the closing of its previously announced ...
Tags: Black Ridge Oil&Gas, Corral Creek Acquisition, close acquisition
Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") the Corporation, is pleased to announce that its wholly owned subsidiary, Mineracao Riacho dos Machados Ltda. ("MRDM"), which owns and operates the RDM gold project, Brazil ...
Tags: Carpathian Gold, MRDM, gold producing, RDM gold project
Bowie Resource Partners LLC, a joint venture between Bowie Resources, LLC and the Galena Private Equity Resource Fund managed by Galena Asset Management, has today completed the purchase of Canyon Fuel Company LLC from Arch Coal, Inc. for ...
Tags: BRP, Canyon Fuel Mines, joint venture, coal producing