Following the hostile bid made by Dollar General to acquire Family Dollar Stores, Family Dollar confirmed that Dollar General has commenced an unsolicited conditional tender offer to acquire all of the common stock of Family Dollar for ...
Tags: Dollar General, Family Dollar
Eastman Chemical Company has entered into a definitive agreement with Taminco Corporation under which Eastman will acquire Taminco, a global specialty chemical company. Under the terms of the agreement, Taminco stockholders will receive ...
In its interim results for the first six months ending July 31, 2014, UK-based fashion retailer NEXT said it had a good first half, achieving sales and profits ahead of its original expectations. Led primarily by retail stores sales ...
Tags: Apparel, Fashion Apparel
Red ink was splashed across all financial parameters, including revenue and net loss at womenswear apparel retailer The Wet Seal in the fiscal second quarter ended August 2, 2014. The Net sales were down 11.2% to $121.2 million in the ...
Tags: Apparel, Textile, Womenswear
JDSU of Milpitas, CA, USA says that its board of directors has unanimously approved a plan to separate JDSU into two independent publicly traded companies: An optical components and commercial lasers company (CCOP), consisting of JDSU's ...
Back in May I read a post by Eyal Rosenberg, CEO of payment automation software maker Nipendo, who made reference to an auto industry survey that highlighted the importance of supplier liquidity, including the negative impact that a slow ...
Tags: Chain Financing, trade tips
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis remained steady for the fourth consecutive week amid thin trade, market sources said Wednesday. Sources said physical buying interest ...
Tags: Copper Cathode, Copper, Metallurgy
US-based food firm General Mills has agreed to acquire organic and natural foods producer Annie’s, in a deal worth $820m. A definitive agreement to this effect was signed between both the companies. As per the agreed terms, ...
Tags: General Mills, natural foods, organic foods
In its fiscal year ending July 5, 2014 Bebe stores, a retailer of women’s apparel was able to reduce its losses by $9.7 million or 14.1%, when compared with the previous fiscal year ending July 6, 2013. Net loss from continuing ...
Tags: Bebe, finished goods, women's apparel
A 27% plunge in American continent sales, led NYSE-listed marketer of outdoor sports apparel - Quiksilver, Inc., to report a steep 19% year-on-year drop in global revenues for the third fiscal quarter ending July 31, 2014. Net revenues in ...
Tags: Sports Apparel, outdoor apparel
Quiksilver, Inc. reported revenues fell 19.0 percent in its third quarter ended July 31, to $395.7 million. On a currency-neutral basis, sales were down 17 percent for the Quiksilver brand, 9 percent at Roxy, and 34 percent at DC Shoes. The ...
Tags: Sporting Goods, Recreation
For fiscal first-quarter 2015 (ended 27 July 2014), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported its eighth consecutive quarter of sequential revenue growth, to a record $327.6m, ...
Australian supermarket giant Woolworths has released a report which it said gives a “unique insight into the future of supermarket shopping. Woolworths said its Future of Fresh report has built a picture of how Australia will be ...
Tags: Woolworths, Supermarket
An agreement has been reached to create the world’s third largest quick service restaurant company, merging North American-based beverages and baked goods restaurant Tim Hortons Inc. (Tim Hortons) with global burger restaurant Burger ...
Tags: Burger King, Tim Hortons, fast food
Australia’s largest multi-brand retail food franchisor and leading wholesale coffee roaster, Retail Food Group Limited (RFG) has announced a record Net Profit After Tax (NPAT) of $36.9 million for the 2014 financial year, an increase ...
Tags: Retail Food Group, coffee roaster