OCI N V plans to sell a minority stake in its Beaumont, Texas, methanol and ammonia plant in a second half of 2013 initial public offering, the Dutch-listed parent of Orascom Construction Industries said Wednesday. The funds from the IPO ...
The unveiling of Prime Minister Shinzo Abe's long-awaited growth strategy did little to stem the recent slide in Japanese stocks, with the Nikkei 225 closing down 3.8 per cent yesterday. And analysts warned that the measures announced -- ...
Tags: Abenomics, Growth Strategy
New Look announces full year results for the 53 weeks to 30th March 2013.New Look EBITDA jumps 29% driven by successful turnaround and 50% increase in online sales. Financial Highlights - Group Sales +2.5% to £1.48bn Group ...
Tags: Apparel, Look Group
China's largest heavy-duty truck maker, Sinotruk, is poised to maintain growth in its exports this year despite shrinking overseas demand due to the eurozone debt crisis, the company said on Tuesday. The Jinan-based truck manufacturer has ...
Tags: truck, Auto Parts
As the time for a shareholder vote draws near, the Dell special committee weighing competing bids for the company said Wednesday that a plan from investor Carl Icahn and Southeastern Asset Management comes up short by billions of dollars. ...
Tags: Dell, Icahn Bid, Wall Street
The sharemarket closed more than 1 per cent lower as weak GDP figures prompted investors to dump banking stocks. At the close today, the benchmark S&P/ASX200 index was down 65.6 points, or 1.34 per cent, at 4835.2. The broader All ...
Valeritas, insulin delivery devices maker, has announced that it has closed a structured debt financing with Capital Royalty which will provide the company with about $100m in order to further commercialize V-Go. Designed to be easier to ...
US-based spices and seasonings manufacturer McCormick has acquired Wuhan Asia-Pacific Condiments (WAPC), a privately held firm based in China, for CNY900m ($147m). WAPC produces DaQiao and ChuShiLe brand bouillon products, and has a ...
Tags: Agriculture, spices
American food company Heinz has announced that it has received all regulatory approvals to sell itself to the investment consortium comprised of Warren Buffett's Berkshire Hathaway and private equity firm 3G Capital. The transaction, ...
Tags: Heinz, Regulatory Approvals
China-based Yingli Green Energy Holding Company (Yingli Solar) has reported consolidated revenues for the first quarter of 2013 dropped. Yingli Solar's first-quarter revenues came to CNY2,679.3 million (US$436 million), lower than ...
Tags: Yingli Solar, Lighting
Express, Inc., a specialty retail apparel chain operating 620 stores, announced its first quarter 2013 financial results for the thirteen week period ended May 4, 2013, compared to the thirteen week period ended April 28, 2012. First ...
London-based Stemcor, the world's largest independent steel trader, has hired Simon Freakley as chief restructuring officer, within the scope of negotiations with banks on more than $1 billion of debt, according to Bloomberg. Stemcor will ...
Tags: UK, economics, trading, European Union, Istanbul
The global economy is moving forward, but divergence between countries and regions reflects the uneven progress made toward recovery from the economic crisis, according to the OECD's latest Economic Outlook. The OECD indicated that ...
Tons Lightology, which develops commercial LED lighting fixtures for OEM and own-brand sale, aims to increase the proportion of total revenues from own-brand sales from 10% in 2012 to 15% in 2013 through focusing marketing in Japan, China, ...
Tags: Tons Lightology, LED Lighting
iFabric Corp.,announced its financial results for the second quarter ended 31st March 2013. In the quarter ended 31st March 2013, revenues increased to $2,254,113 compared to $1,067,362 in the corresponding quarter of 2012, an increase of ...
Tags: Skyrocket, iFabric Corp