Basque region, Spain-based seamless stainless steel pipe producer Tubacex has announced its financial results for the first nine months of the current year. Its net profit totaled €11.85 million in the given period, increasing by 26.5 ...
Dole Food Company, an American food company, has announced the closure of acquisition of the company by its chairman and CEO David H. Murdock in a deal valuing the firm at over $1.6bn, including debt. The closure was executed after the ...
US-based biotechnology firm Ignyta has entered into a license agreement with Nerviano Medical Sciences (Nerviano), under which Ignyta will get exclusive global development and marketing rights of tyrosine kinase inhibitors RXDX-101 and ...
Tags: Ignyta, Tyrosine Kinase Inhibitors
Solvay announces that it has successfully launched a hybrid bond issue worth 1.2 billion €, to further strengthen the Groups balance sheet. The hybrid bond issue is split across two perpetual tranches: A first tranche of 700 ...
Tags: Hybrid Bond Issue, Solvay
Billabong International Limited announces that a US$300 million tranche of the 6 year senior secured term loan of US$360 million (A$386 million) (the "New Term Debt") provided by entities affiliated with Centerbridge Partners, L.P. and ...
Asciano Limited has acquired Newcastle-based integrated logistics company Mountain Industries Pty Ltd. The acquisition is in line with Asciano's aim to further develop the capabilities of its Ports & Stevedoring Division, and extends its ...
Over the past year, most major public medical device companies have fared well, with a few hiccups here and there. That said, the device industry is confronting challenges such as a dip in elective surgery volume, a rise in recalls related ...
For third-quarter 2013, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, RFIC, semiconductor and optical industries) has reported revenue of $11.1m, down 45% on $19.9m ...
For its fiscal first-quarter 2014 (ended 28 September 2013), JDSU of Milpitas, CA, USA has reported revenue of $429m, up 1.8% on $421.3m last quarter and 1.9% on $420.9m a year ago (and at the high end of the guidance range of $410-430m). ...
UK-based mining giant Anglo American has announced that it has completed the sale of 100 percent of the Amapá iron ore operation in Brazil to Zamin Ferrous Ltd., a private international mining group that has been operating in Brazil, ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
The euro zone manufacturing sector has carried its modest third quarter recovery into the final quarter of the year. Markit's Eurozone Manufacturing Purchasing Managers Index (PMI) rose to 51.3 in October, up from 51.1 in September and ...
Tags: Metallurgy, Mineral, Energy
The Co-operative Bank is to invest another £500m in upgrading its IT systems over the next three years as the Co-operative Group cedes control of its troubled bank to US hedge funds. The news was revealed as the Bank unveiled a ...
Tags: Computer Products, bank, software
Toll Holdings (Toll Group) has negotiated its second issuance of US Private Placement (USPP) notes for the equivalent of US$250 million, which is anticipated to be drawn down on 4 December 2013. Toll Group chief financial officer Grant ...
Premier Foods is ahead of target on cutting suppliers and product lines, according to ceo Gavin Darby, reporting on third quarter (Q3) financial results yesterday. Premier Foods is growing its core power brands "During the quarter we ...
Tags: Agriculture, Food
Cleveland, Ohio-based Olympic Steel, Inc. announced third quarter net sales of $304.0 million, 11.3 percent lower than the $342.6 million reported in last year's comparable quarter. For the cumulative nine months, net sales were $972.9 ...
Tags: Steel, Metallurgy, Mineral, Energy