Pinnacle Foods reported its financial results for the second quarter ended June 28, 2015 and raised its guidance for full-year adjusted diluted earnings per share to $1.89 to $1.91, representing the high end of its previous $1.86 to $1.91 ...
Tags: Pinnacle Foods, Grocery, Foods
China-based Bright Foods’ listed subsidiary is acquiring 50% stake in New Zealand-based meat cooperative Silver Fern Farms for NZ$311m ($197m) as it seeks to import more of agricultural products from New Zealand. Silver Fern ...
Tags: Bright Foods, sheep and beef, dairy
Thule Group divested its Snow Chain business Wednesday in order to tighten its focus on driving growth in its core Outdoor & Bags segment, which makes everything from car racks to backpacks, and cases for consumer electronics. Thule Group ...
Tags: Thule Group, Outdoor, Bags
Lululemon Athletica Inc. reported second-quarter earnings declined slightly but came in better than planned with same-store sales on a currency-neutral rising 11 percent. The yoga-themed retailer raised its guidance for the year. For the ...
Qorvo Inc of Greensboro, NC and Hillsboro, OR, USA, a provider of RF solutions for mobile, infrastructure and aerospace/defense applications, has completed its $400m share repurchase program, which was authorized by its directors last ...
Tags: Qorvo, RF, applications
In 2014, China’s lithium battery equipment market size (excluding imported equipment, the same below) ascended by 31.0% year on year to about RMB3.8 billion. Impacted by explosive development of the new energy vehicle market, CATL, ...
Transcontinental has entered into an agreement to buy US-based flexible packaging supplier Ultra Flex Packaging in a deal worth $80m. The amount requires to be paid in cash at closing, along with an additional consideration payable ...
Tags: Flex Packaging, TC Transcontinental, Packaging acquisition
General Electric (GE) has completed the sale of its US fleet services business to Element Financial for $5bn. The company said that the sale of GE's Mexican, Australian and New Zealand fleet businesses to Element is also expected to close ...
Tags: General Electric, Fleet Business
Axalta Huajia Coatings, a joint-venture of leading global supplier of liquid and powder coatings, Axalta Coating Systems and Huangshan Yongjia Group Co. Ltd., has developed a new warranty program for its Alesta architectural powder coatings ...
China's central bank continued to pump billions of yuan into the financial system on Tuesday to ease liquidity strains. The People's Bank of China (PBOC) conducted 150 billion yuan (23.6 billion U.S. dollars) of seven-day reverse ...
China issued a notice Monday encouraging mergers, cash bonuses and share repurchases by listed companies as part of its efforts to push forward reforms of state-owned enterprises and promote the steady and healthy development of the capital ...
Tags: Cash Bonuses, Share Buybacks
Net sales at specialty retailer of casual apparel for young women and men Aeropostale dived 17 per cent year over year for the second fiscal quarter ended August 2, 2015. For the second quarter of fiscal 2016, net sales at the retailer ...
Tags: casual apparel, apparel
Operating income at US based apparel marketer J.Crew Group crashed to $2.6 million in the second fiscal quarter ended August 1, 2015, massively down from $36.0 million in the prior fiscal second quarter. “Operating income in the ...
Tags: J.Crew Group, apparel
For the second fiscal quarter ended August 1, 2015, US based maternity apparel retailer Destination Maternity Corporation slipped in to a GAAP net loss vis-à-vis GAAP net income in the prior fiscal second quarter. For the second ...
Tags: maternity apparel, Apparel
Foot Locker Inc. reported net income for the company's second quarter ended August 1, 2015 was $119 million, or 84 cents per share, compared with net income of $92 million, or 63 cents per share, last year, a 33 percent increase on a ...
Tags: Foot Locker, athletic industry