2 Sisters Food Group, and PepsiCo are among the trade buyers that could snap up Burton's Biscuits, although the deal could easily go to a private equity house, according to analysts. Burton's makes Cadbury-branded biscuits under licence ...
Zumbotel 1Q13 Financial Result Highlights: Dynamic growth with LED products continues (+49.7%) First-quarter revenues 4.4% down at EUR 309.3 million (prior year: EUR 323.4 million) Adjusted EBIT rises 40.7% to EUR 17.7 million (prior ...
Tags: LED, LED lighting, Lights, Lighting
Signalling a key vote of faith in debt-laden Premier Foods, leading City analyst Shore Capital has upgraded its advice on the firm's stock from 'hold' to 'buy'. The Power Brands' ability to deliver continued sustained growth will be a key ...
Tags: Agriculture, Food
Armstrong World Industries, Inc. announced the pricing of an underwritten secondary public offering of 12,057,382 common shares of the company held by The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust (the ...
Tags: Construction, Decoration
The Hilton Food Group's half-year results posted today (September 10) received a mixed reception from City analysts. Hilton Food's Australian joint venture with Woolworths would become 'a major profit centre', predicted Panmure Gordon ...
Tags: Agriculture, Food
Armstrong World Industries, Inc. has announced a secondary public offering of 10,057,382 common shares of the company held by The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust (the "Trust") and Armor TPG ...
Tags: Construction, Decoration
For its fiscal fourth-quarter 2013 (ended 19 June), optical networking and associated semiconductor technology firm JDSU of Milpitas, CA, USA has reported net revenue of $421.3m, up on $405.3m last quarter but down on $434m a year ago. ...
Chief executive Antonio Perez said that the company had been "revitalised by its transformation" and its restructure has resulted in Kodak being "leaner, with a strong capital structure, a healthy balance sheet and the industry's best ...
Tech companies are hanging onto record amounts of cash, and industry watchers want to see more of it reinvested in the companies or distributed to shareholders. FactSet, a financial research firm, tallied all the cash and marketable ...
Tags: Computer Products, software, webservice
American International Group (AIG) has agreed to terminate an interest rate swap agreement with Brookfield Asset Management in exchange for a payment of $905m. The agreement was part of the remaining derivatives portfolio of AIG Financial ...
Tags: Brookfield, AIG
iFabric Corp announced its financial results for the third quarter ended 30th June 2013. iFabric has a 30th September year end. Q3 HIGHLIGHTS: In the quarter ended 30th June 2013, revenues increased to $2,709,015 compared to $1,802,833 ...
Tags: iFabric Corp, Textile
Optoelectronic chip and module maker JDSU of Milpitas, CA, USA has completed the sale of $650m aggregate principal amount of 0.625% senior convertible debentures due 2033, including $75m aggregate principal amount of notes related to the ...
Tags: Optoelectronic chip, module, Electrical, Electronics
Australian port and rail company Asciano Wednesday posted a 41.2% year-on-year rise in net profit to A$342 million ($311 million) for the fiscal year to June 30, due in part to new rail contracts to haul coal in the state of Queensland and ...
Tags: Coal, Chemicals, Metallurgy, Mineral, Energy
Suncorp Group has reported a net profit after tax of $491m for the full year 2013, a decrease of 32% compared to $724m last fiscal. The drop in profits is mainly due to $632m loss after tax from resolution of the Non-core Bank. Profit ...
Tags: Suncorp Group, Net Profit
Law firm Ryan & Maniskas has filed a class action lawsuit against officers and directors of Meadowbrook Insurance Group (MIG) for violation of the Securities Exchange Act of 1934. The lawsuit, filed in the US District Court for the ...