B&G Foods has reported a net loss of $1.4m for the second quarter of 2013, compared with a profit of $16.03m for the same period in the previous year due to charges related to debt refinancing and acquisition-related transaction costs. ...
AT&T plans to acquire Leap Wireless, operator of the Cricket prepaid mobile service, in what would be the latest consolidation of the U.S. mobile industry. AT&T announced late Friday it has agreed to acquire Leap for $15 per share, nearly ...
Tags: Computer Products, mobile
The closure of Premier Foods' Barry mill in the Vale of Glamorgan – with the loss of 43 jobs last week – and plans to reorganise its milling business into two parts could herald its sale, according to City analyst Investec. ...
Tags: Milling Business, Agriculture, Food
Russia's Prime Minister Dmitry Medvedev has approved an intergovernmental agreement that will see Russian gas giant Gazprom acquire 100% of Kyrgyzstan's debt-ridden national gas operator, Kyrgyzgas, for $1, according to a statement late ...
Tags: gas, Metallurgy, Mineral, Energy
Australia-based organic poultry business Inglewood Farms has entered into administration after the company's directors announced their intention to resign after shareholders indicated that they would not provide funding to continue ...
Tags: Organic Poultry, PPB
China's holdings of US Treasuries increased further in May, rising to a record high of US$1.316 trillion, according to data released by the US Department of Treasury. China continues to be the largest holder of US Treasuries as the ...
Tags: US Treasuries, government debt
Finsbury Food Group is stepping up investment in its core UK bakery division as it slashes debt and announces strong profits in an annual pre-close financial statement. Duffy: sale of 'free-from' business has proven 'hugely beneficial ...
Tags: Marvel, morning goods, Finsbury, free from, Thorntons, Disney, cake, bread
Seadrill Limited ("Seadrill" or "the Company") has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project ...
Tags: Transportation, Service
US telecommunications giant AT&T has agreed to acquire Leap Wireless for $15 per share in cash, valuing the prepaid mobile operator at about $1.2bn (£800m). The move comes amid continued consolidation and restructuring in the ...
Tags: 4G, Computer Products
Wolverine Worldwide reported record revenue and strong earnings performance for its second fiscal quarter ended June 15, 2013. The quarter included a full 12 weeks contribution from the Company's October 2012 acquisition of the Sperry ...
US-based Flowers Foods has received regulatory approval to complete the acquisition of certain bread brands and assets of Old HB, formerly known as Hostess Brands. The deal, which is expected to be completed in the coming weeks, includes ...
Tags: Flowers Foods, bread
Dialog Semiconductor has announced plans to acquire iWatt, a provider of digital-centric power management ICs, for as much as US$345 million. Dialog said it will pay approximately US$310 million in cash, plus up to US$35 million in ...
Tags: Semiconductor, Electrical, Electronics
Using biomass for energy is an important part of the renewable energy mix, says the European Environment Agency (EEA); however, bioenergy production should follow European Union resource efficiency principles. "Bioenergy is an important ...
Tags: Energy, bioenergy production, Bioenergy
Devices with wide-bandgap semiconductors will offer the greater competitive advantage in micro-inverters and small string inverters, reckons market analyst firm Lux Research. Wide-bandgap semiconductors – specifically, silicon ...
Tags: inverters, Electrical, Electronics
Alaska has extended an agreement with TransCanada that sees the state offer subsidies for the firm's work on a natural gas pipeline and LNG export project in the state, a state official said Wednesday. The previous agreement expired June ...
Tags: Gas Pipeline, Alaska