Parallel Energy Trust (TSX:PLT.UN)(TSX:PLT.DB) ("Parallel" or the "Trust") today announced its estimated production results for the fourth quarter and full year 2013, the commencement of its 2014 drilling program and its estimated year-end ...
Schnitzer Steel Industries, Inc. reported Wednesday an adjusted loss per share of $(0.18) and a loss per share of $(0.23) for its fiscal 2014 first quarter ended November 30, 2013. Adjusted results for the first quarter exclude a $2 ...
Tags: Schnitzer, Net Loss, Steel News
This year the Eurozone will experience annual GDP growth for the first time since 2011, but at just 0.9% the growth will not be strong enough to support a level of uplift in financial services that will drive further economic recovery ...
Tags: Eurozone Financial Services, Business Lending, Financial Services
The global chip-on-board (COB) LED market will grow at a compound annual growth rate (CAGR) of 40.71% up to 2018, forecasts a report from TechNavio (the market research platform of Infiniti Research Ltd). One of the key factors ...
Tags: COB LEDs, SSL, Led Market
Whitecap Resources Inc. ("Whitecap") (TSX: WCP) is pleased to announce that Whitecap has completed the previously announced acquisition of a private company ("PrivateCo") pursuant to a plan of arrangement (the "Arrangement") under the ...
Tags: Whitecap, acquisition, PrivateCo, Business Corporations Act
Golden Queen Mining Co. Ltd. (TSX:GQM) (OTCQX:GQMNF) (the "Company") is pleased to announce that it has entered into an agreement to secure a US$10,000,000 loan (the "Loan"). The proceeds of the Loan will be applied to the ongoing ...
One of the world's largest LTL carriers, the financially-troubled YRC Worldwide, hopes to borrow $1.15 billion to refinance its debt, according to Bloomberg News. Bloomberg News reports the deal, led by Credit Suisse Group AG, includes a ...
Tags: Trucking News, Trucking, Truck Giant
Sverica International Management LLC ("Sverica International" or "Sverica"), a private equity investment firm, announced today that it made an additional equity investment in RestorixHealth, a comprehensive wound care management company. ...
Tags: Sverica International, equity investment, RestorixHealth, acquisition
At the end of 2013, a new list of bankrupt Chinese LED lighting manufacturers was published. Industry sources estimate more than 10,000 people have been impacted by the bankruptcy wave. Frustrated workers and angry investors have hunt down ...
Tags: LED Manufacturers, LED Lighting
After winning a bidding war with Manitoulin Transport, TransForce is buying the Canadian assets of Vitran Corp, TransForce announced Monday. Alain Bédard, chairman, president and CEO of TransForce said: "We are delighted to have ...
Tags: transportation
House of Fraser, the UK and Ireland’s premium department store group, provides an update on its best ever Christmas trading period. Trading highlights include: - Like-for-like sales (ex VAT) for the first 9 weeks of the fourth ...
Tags: House of Fraser, Online Sales
Pakistan-based Azgard Nine Ltd (ANL), one of the largest denim products company by sales in Pakistan, continues to be in the grip of liquidity crisis as there is strong resistance to fresh working capital loans from the lenders, who have ...
Tags: Azgard Nine, Liquidity Crisis
Carlyle Group Inc. said it has invested $55.2 million in connection with YRC Worldwide Inc.'s recently announced agreement to reduce its debt load. The investment company, one of the carrier's five largest investors, disclosed that it has ...
Tags: Carlyle Group, YRC Worldwide, investment, debt agreement
Vitran Corp. has terminated its agreement with Manitoulin Transport and will instead be acquired by TransForce. TransForce offered $6.50 per share on Dec. 20, which Vitran said constituted a “superior offer” to the deal it ...
Tags: Vitran, Manitoulin Transport, TransForce, acquisition
Emerald Expositions, organizers of the Outdoor Retailer trade show, has agreed to acquire George Little Management, which operates the Surf Expo and other trade shows. The price paid was $335 million, subject to certain adjustments at ...