TreeHouse Foods has recorded first quarter earnings of $0.41 per fully diluted share when compared to $0.38 per fully diluted share reported for the first quarter of 2014. The Company reported adjusted earnings per share in the first ...
Tags: TreeHouse Foods, Q1 Results
Gaiam Inc. reported net revenue in the first quarter ended March 31 was flat with a year earlier at $37.6 million as it pruned catalog sales ahead of a massive launch of its yoga line at 1,100 Kohl's department stores that kicked off April ...
Tags: Gaiam, Gaiam-branded products, fitness
The diamond market is slowly becoming more disciplined. It needs to. With high rough prices, declining polished, less available credit and lower retail inventory levels, it has become increasingly difficult for diamantaires to turn a ...
Tags: diamond market, diamond industry
More steps necessary to reverse trend, says government think tank China may need more time to reverse the current economic downturn than previously expected, and further measures are necessary to prevent an accelerated cooling, a leading ...
Tags: economic downturn, China economy
On a GAAP basis, operating profit surged 25 per cent to $90 million while earnings per share (EPS) rose higher by 30 per cent to $0.13, both up from the year ago quarter at HanesBrands in the first fiscal quarter ended April 4, 2015. ...
Tags: GAAP basis, Hanes
Global beverage giant Coca-Cola Company has agreed to acquire multi-grain drink China Culiangwang Beverages for $400m including debt, to boost its sales in the Chinese market. This is Coke's first acquisition in China since its ...
Packaging company Ardagh is almost said to have completed its €3bn acquisition of the glass packaging unit of Saint Gobain. Saint Gobain has been considering the sale of Verallia to focus on higher-margin home and construction ...
Tags: Glass Packaging, Packaging
The World Bank’s East Asia and Pacific Economic Report April 2015 paints a favourable picture for Vietnam. According to the report, medium term projections reflect gradual improvement in GDP growth and macroeconomic stability ...
Tags: Vietnam's Growth, GDP growth
State-owned Shandong Iron and Steel Group Co Ltd said on Monday that it has acquired the remaining 75 percent stake it does not own in a mining project in western Africa's Sierra Leone. Shandong Steel had earlier acquired a 25 percent ...
Tags: Steel Firm, Iron Group, Steel Group
For the first fiscal quarter ended March 1, 2015, denim jeans marketer Levi Strauss & Co. reported a 7 per cent year over decline in net sales due to lower revenues in wholesale and retail in the Americas. Levis said its net sales ...
Tags: Levis, denim jeans
Dutch brewer Heineken has agreed to purchase 51.11% stake in Slovenian brewery Pivovarna Lasko in a deal that will value the company at around $237m. Heineken and Lasko's largest shareholder Bank Asset Management Company (DUTB) ...
Tags: Slovenian Brewer Lasko, Heineken
RPM International Inc. has reported record sales for its fiscal 2015 third quarter ended February 28, 2015, but incurred an as-reported loss for the quarter due to a one-time, non-cash net charge for a tax accrual related to the possible ...
Tags: RPM International, record sales
Private equity firm Fanisi Capital has invested $2.1m in a Kenyan food company European Foods Africa Limited (EFAL) to expand its investment footprint across East Africa’s food processing sector. The food company will use this fund ...
Kishore Biyani led Future Retail said it has raised Rs 600 crore through an issue of non-convertible debentures (NCDs) on private placement basis. In a BSE filing, Future Retail said, "The committee of directors has considered, ...
Tags: BSE filing, Apparel
Mexican corn miller and tortilla producer Gruma has acquired the European unit of US-based Azteca Foods in a €45m deal. The acquisition includes all shares and ownership interests representing the capital stock of Azteca Foods ...
Tags: Gruma, wheat products, Food