FMC, a US-based chemical company has entered into an agreement to acquire Pectine Italia, an Italy-based producer of pectin for the food ingredients industry, for an undisclosed amount. This acquisition will mark FMC's foray into the ...
Tags: Italy-based producer, food ingredients industry, chemical company
US-based insurer The Chubb Corporation has reported a net income of $404m, or $1.48 per share, for the second quarter of 2012, compared to $419m, or $1.42 per share, for the same period in 2011. The impact of catastrophes in the second ...
Tags: Chubb Corporation, net income, second quarter, catastrophe
Reuters reported that London copper slipped retreating from a three week high in the previous session, as concerns resurfaced over fiscal troubles in the United States but signs of an economic revival in top consumer China cushioned prices. ...
Tags: copper, copper price, fiscal cliff
Paper and packaging manufacturer in the US RockTenn has reported net sales of $2.3bn for the third quarter of fiscal 2012, which increased $921.1m over the same period of fiscal 2011, primarily due to the acquisition of Smurfit-Stone in May ...
Broder Bros. Co. announced its third quarter results for its quarter ended September 29, 2012. Third Quarter 2012 Results Compared to Third Quarter 2011 Results Third quarter 2012 net sales were $205.1 million compared to $220.5 ...
Tags: Broder Bros, third quarter, results, net sales
Vienna Insurance (VIG) has posted a profit (before taxes, consolidated) of €301.7m for the first half of 2012, up by almost 7% compared to the profit earned last year during the same period, primarily due to growth in premium income ...
Tags: Insurance, profit, premium income, Vienna Insurance Group
Dutch insurer Aegon has reported that its net profit for the first quarter of 2012 stood at €521m, with an increase of 59%, compared to a net profit of €327m during the same period a year ago. The underwriter said that its net ...
Tags: Aegon reports, net profit, insurer Aegon
Presidential Life has reported a net income of $5.2m or $0.18 per share for the third quarter of 2012, against a net income of $2.9m or $0.10 per share during the same period last fiscal. Income before income taxes stood at $7.9m, with an ...
Tags: net income, Presidential Life, third quarter, taxes
Global company engaged in resealable solutions and equipment Zip-Pak is set to open a new manufacturing facility in São Paulo, Brazil. The plant will expand technical and consulting services to customers in Brazil, Argentina, and ...
Tags: Zip-Pak, new manufacturing facility, Brazil
TPG and Par Pharmaceutical have announced the completion of Par's purchase by certain TPG affiliates. According to the merger agreement, Par's stockholders are eligible to earn $50.00 in cash, without interest, less any applicable ...
The global sales for light duty natural gas vehicles (NGV) are expected to reach 25.4 million units by 2019, according to a new report. According to the Pike Research report, "Light Duty Natural Gas Vehicles", the market for light duty ...
American Financial Group has reported net earnings attributable to shareholders of $226m or $2.39 per share for the third quarter of 2012, with an increase of 133% from $97m, or $0.95 per share, during the same period last year. Its core ...
Tags: American Financial Group, net earnings, quarter 3, shareholder
Commercial Vehicle Group's Indian subsidiary CVG Seat has acquired all the seat assembly assets of Vijayjyot Seats for $13.7m. The transaction also includes an additional earn-out potential of about $1.9m based on earnings before ...
Tags: Commercial Vehicle Group, CVG Seat, Vijayjyot Seats, school and coach bus
Auction site eBay's tax arrangements since its Luxembourg office became base for European sales. This move is one politicians and tax authorities say should be examined. The office only has nine employees, but eBay Europe Sarl is ...
Tags: Britain, Germany, tax arrangements
Switzerland’s Zurich Insurance Group has reported that its net profit attributable to shareholders after taxes for the third quarter of 2012 has declined by 62% to $477m from $1.2bn during the same period a year ago. Total business ...
Tags: Zurich Insurance Group, net profit, insurance, quarter 1