Commercial Metals Company (CMC) announced Tuesday financial results for its first quarter ended November 30, 2013.? Net earnings for the first quarter were $45.9 million, or $0.39 per diluted share, on net sales of $1.7 billion.? This ...
Tags: Steel, Steel News, CMC
The readymade garment (RMG) sector in Bangladesh has suffered a loss of US$ 20 million in the month of December 2013, due to shipment delay, cancellation of orders, extra-burden of air freight, price discounts, and losses due to vandalism, ...
Tags: RMG Sector, Apparel
World Fuel Services Corporation (NYSE: INT), announced today that a wholly-owned subsidiary of the company has signed a definitive agreement to acquire Watson Petroleum Limited, a leading distributor of gasoline, diesel, heating oil, ...
Tags: World Fuel Services Corporation, Watson Petroleum Limited, acquisition
TransAtlantic Petroleum Ltd. (TSX:TNP) (NYSE-MKT:TAT) (the "Company" or "TransAtlantic") today provided an operational update on its current drilling program. Operational Update TransAtlantic ended the fourth quarter of 2013 with ...
Tags: Oil News, Gas News, Transatlantic Petroleum
Food and beverage company WhiteWave Foods has bought Earthbound Farm in a $600m all-cash deal. Earthbound Farm is an organic produce brand in North America. It produces and markets organic fresh fruits and vegetables, frozen fruits and ...
Tags: WhiteWave Foods, Organic Food
Sean Lamb/Wikimedia XPO Logistics Inc. said it will acquire intermodal freight carrier Pacer International Inc. in a transaction valued at $335 million. The purchase will double XPO's expected annual revenue to $2 billion, the companies ...
Clarke Inc. said it has closed the sale of its truckload and less-than-truckload businesses to TransForce Inc. for C$100.5 million. The holding company expects a gain of $63 million to $68 million from the sale, it said in a Jan. 6 ...
G&K Services, Inc announced that it has sold its direct sale program business. Separately, the company also divested its operation in Ireland, which was the company’s last remaining clean room business. Total proceeds from the sales ...
Tags: G&K, Direct Sale Program Business
One big concern for investors when considering small resource stocks is will the company's talk about future production actually turn into revenue and how long will that take. Approvals and feasibility studies can take years by themselves, ...
h.h.gregg said its decision to stay above the promotional fray during the holiday season hurt sales. According to preliminary estimates, net sales fell 11.6 percent to $707.1 million, and comp sales decreased 11.2 percent, for the third ...
Tags: h.h.gregg, net sales, comp sales, holiday sales
Medtronic has announced that it has acquired combination product specialist Tyrx (Monmouth Junction, NJ) for $160 million. Tyrx, a spin-off from Rutgers University, was launched in 1998 to develop products to combat surgical-site infections ...
Olam International, a Singapore-based food ingredients supplier, has sold its 50% stake in Lansing Olam Canada in a $5.4m deal. Lansing Olam Canada is a joint venture between Olam and Lansing Trade Group. The transaction was completed ...
Tags: food ingredients, Olam
Interest in Victorian dairy company Warrnambool Cheese and Butter (WCB) has attracted a new potential bidder, according to media reports. There is speculation that Chinese state-owned China Investment Corporation is interested in WCB and ...
Tags: Agriculture, Food
During the six-month period from April 1 through September 30, 2013, the global economy showed modest recovery trend, with the signs of bottoming out in Europe and continued increase in employment in U.S.. The Chinese economy by contrast, ...
Tags: Electrical, Electronics
After seeing shipments rise to over one million compressors in October alone, Rechi Precision Co., Ltd. has sold?all?its capacity for November and December, triggering?the company's expectation to?meet?the goal of shipping 12 million ...