Third quarter pre-tax profit of $1.2 billion, a decrease of $1.4 billion compared with a year ago; after-tax earnings per share of 24 cents, excluding special items; 21stconsecutive profitable quarter. Net income of $835 million, or 21 ...
Tags: Ford Posts
Brazilian juice maker Cutrale and investment firm Safra Group have agreed to acquire American banana producer Chiquita Brands International, in a $680m deal. A definitive merger agreement to this effect was signed between Cutrale-Safra ...
Tags: Chiquita Brands International, Acquire, Food
Australia’s largest multi-brand retail food franchisor and leading wholesale coffee roaster, Retail Food Group Limited (RFG), has announced its entry into a Sale and Purchase Agreement to acquire the global business and intellectual ...
Tags: food franchisor, coffee roaster
Since Medtronic can’t dip into its considerable foreign cash reserves to buy Covidien, it plans to raise $16 billion domestically toward the $43 billion purchase. Wall Street is not pleased. In a filing late last week with the U.S. ...
Tags: Medtronic, Covidien, Medical Device
Despite a drop in revenues, adjusted earnings per share soared 36% year-on-year at PolyOne Corp in the third quarter ended September 30, 2014, driven by mix improvement and accelerated Spartech synergies. "As a result of mix improvement ...
Among many measures, a mix enrichment improvement, helped NYSE-listed and a producer of recycled yarns – Unifi Inc post a 3.3% hike in sales in first fiscal quarter ended September 28, 2014. In its preliminary operating results for ...
For its fiscal first-quarter 2015 (ended 28 September 2014), Cree Inc of Durham, NC, USA has reported revenue of $427.7m, up 9% on $391m a year ago but down 2% on $436.3m last quarter (and below the $440-465m forecasted in mid-August). ...
Electronics purchases are a popular choice among American buyers, with three out of four reporting plans for spending in the coming year. Online outlets and brick-and-mortar sellers both remain popular choices, but those that flock to ...
Tags: Apple iPhone, Android devices, Electronics
Maxwell Technologies, Inc. (Nasdaq: MXWL) today reported revenue of $41.6 million for its third quarter ended September 30, 2014, down 10 percent from the $46.1 million recorded in the second quarter ended June 30, 2014, and down 19 percent ...
Tags: Maxwell Technologies, Electronics
Groupe Michelin posted net sales of 14.5 billion euros for the first nine months ended Sept. 30, 2014. That was a 4.7% decrease compared to the first nine months of 2013. Based on the exchange rate on Sept. 30, 2014, Michelin recorded net ...
Amer Sports reported net sales of €645.8 million ($856 mm) for the quarter ended Sept. 30, up 6.1 percent compared with €608.9 million a year earlier. Net sales increased by 6.0 percent in currency-nuetral terms. The Finnish ...
Tags: Amer Sports, Softgoods, Footwear
Brunswick Corporation reported adjusted operating earnings increased 45 percent in the third quarter on a 13 percent revenue gain. Fitness segment sales, including Life Fitness, and Marine Engine segment revenues, each grew 11 percent. Boat ...
Tags: Brunswick, Marine Engine
Under Armour, Inc. reported revenues increased 30 percent in the third quarter to $938 million compared with net revenues of $723 million in the prior year's period. Sales grew 26 percent in apparel, 50 percent in footwear, and 32 percent ...
Tags: Under Armour, Sporting Goods
Emcore Corp of Albuquerque, NM, USA, which makes compound semiconductor-based components and subsystems for the fiber-optic and space solar power markets, has entered into a definitive purchase agreement for NeoPhotonics Corp of San Jose, ...
Tags: Tunable Laser, Transceiver Product
CAP-XX’s cash burn is decreasing and product sales are running at higher rate than a year ago, according to an update issued as the annual general meeting today. The company said it received the latest instalment of the Federal ...
Tags: prismatic cell, CAP-XX, Electronics