The series of reforms announced over the weekend in China could begin to change the way the country's local and regional governments (LRGs) operate, said Fitch Ratings, a London-based credit rating company, on Tuesday. If implemented ...
Tags: China's Reforms, Economy
The TJX Companies, Inc. the leading off-price retailer of apparel and home fashions in the U.S. and worldwide announced sales and earnings results for the third quarter ended November 2, 2013. Net sales for the third quarter of Fiscal ...
Tags: Apparel, TJX Companies
CareFusion, a global medical technology company, has announced the signing of a definitive agreement for CareFusion to acquire the Vital Signs division of GE Healthcare for $500m. With annual revenue of approximately $250m, Vital Signs is ...
Tags: CareFusion, GE Healthcare
Lee Enterprises Inc. reported total digital revenue of $19.8 million for its fourth fiscal quarter, up 4.3% compared with the same quarter a year ago, which included the extra week of operations. On a comparable 13-week basis, total digital ...
Tags: Lee Enterprises, desktop
Apollo Tyres Ltd. posted net income of 2.2 billion rupees on net sales of 34.3 billion rupees for its second quarter ended Sept. 30, 2013. That compares to income of 1.5 billion rupees on sales of 33.7 billion rupees for the same period ...
Tags: Apollo Tyres
The federal deficit – the amount by which the US government’s total budget outlay exceeds its total receipts for a fiscal year – is estimated at $680 billion for 2013. The federal debt – the sum total of the ...
Cisco Systems stunned Wall Street on Wednesday with a gloomy financial forecast it blamed on falling demand in developing countries and transitions in some of its product lines. The networking giant expects its revenue this quarter to ...
Asian spot butadiene prices have slumped 18-20% in November under selling pressure as buyers retreated amid ample supply. Key benchmark CFR China has fallen $360/mt or 20% since October 31 to be assessed at $1,400/mt Thursday. The FOB ...
Tags: Spot Butadiene Prices, Chemicals
Sigma Alimentos, a processed foods subsidiary of Mexican conglomerate Alfa, has offered €675m to take over Spanish meats processor Campofrio. Campofrio operates a network of manufacturing facilities in eight countries. For the fiscal ...
Tags: Sigma Alimentos, Food
Nissan Motor plans to launch e-NV200, a 100% electric commercial vehicle, in Japan in fiscal 2014. Production will begin the same year in Barcelona, Spain. The e-NV200 model is based on the NV200 taxi vehicle, and is the second ...
Debenhams plc, the leading international, multi-channel brand, announces full year results for the 52 weeks to 31 August 2013. Financial headlines -Gross transaction value up 2.5%: UK up 2.3%, International up 3.7% -Group like-for-like ...
Tags: multi-channel brand, Apparel
Burcon NutraScience Corporation, a leader in functional, renewable plant proteins, reported results for the fiscal second quarter ended September 30, 2013. "During the quarter, we made continued strong progress toward commercializing ...
PVH Corp. announced that it has signed a definitive agreement to sell substantially all of the assets of its G.H. Bass & Co. division to G-III Apparel Group, Ltd. for approximately $50 million in cash. The transaction is expected to close ...
Tags: G-III Apparel, PVH Corp.
CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that its wholly-owned subsidiary Nexen Energy ULC (Nexen), has entered into an exclusive agreement with the Government of British Columbia, Canada to examine ...
Mitsubishi Heavy Industries Compressor Corporation (MCO), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), will establish MHI Compressor Manufacturing, LLC in Pearland, Texas (part of greater metropolitan Houston), by the end of ...
Tags: MCO, petrochemical, plant, MHI