Today, we welcomed members of the investment community to our home office to share how we’re doing as a company and how we’ll serve our customers in the future. We enjoyed giving them an update because our associates are ...
Tags: Walmart, Pickup better service
The company reiterates fiscal year 2017 GAAP EPS guidance of $4.29 to $4.49, or adjusted EPS1 guidance of $4.15 to $4.35. For fiscal year 2018, the company expects GAAP EPS to be relatively flat to fiscal year 2017 adjusted EPS1. ...
Chinese Internet giant decided to set up a new fund to invest in start-ups in their mid-and-late development stages, a company announced Wednesday. The private-equity-style fund, Baidu Capital, will allocate about 20 billion yuan (US$2.98 ...
PSA Group and SAIPA have signed a joint-venture (JV) agreement to produce and sell Citroën vehicles in Iran. This 50/50 joint-venture lays the foundations for a strategic partnership between the two companies. It will cover the ...
Tags: PSA Group, SAIPA, JV agreement
Belgium-based in-mold labeling manufacturer Verstraete IML is planning to open a new production site in Clarksville, Tennessee, US in a bid to boost its business. Featuring multiple printing presses and finishing lines, the new site is ...
Heavy-duty truck manufacturer Daimler Trucks North America (DTNA) is collaborating with AT&T and Microsoft on new connectivity solutions. The collaborations intend to deliver further improvements to DTNA's Detroit Connect suite of ...
Friedrichshafen / Stockholm – ZF Friedrichshafen AG, through its wholly-owned subsidiary ZF International B.V. (“ZF”), announced today that it has withdrawn its recommended public cash offer (the “Offer”) to ...
Tags: ZF, withdraw, public cash offer, Haldex
PSA Group and SAIPA have signed a joint-venture (JV) agreement to produce and sell Citroen vehicles in Iran. This 50/50 joint-venture lays the foundations for a strategic partnership between the two companies. It will cover the entire ...
Tags: PSA Group, SAIPA, JV agreement
A new research has revealed that the number of UK breweries has increased by 8% to nearly 1,700 over the past year due to the continuous surge in popularity of craft beers. The research from UHY Hacker Young has found that the number of ...
Tags: UK breweries, rise, demand
General Mills has announced that it will invest $25m to expand its cereal production plant in Buffalo, New York, US. Expected to be completed in May 2017, the expansion project will include purchase of new packaging equipment, production ...
Tags: General Mills, investment
Unilever has announced that it will invest undisclosed amount to establish a new global foods innovation center in the Netherlands. The innovation center is expected to be fully operational by April 2019. Located in Wageningen, the new ...
Tags: Unilever, innovation center
Olymel has announced that it will expand its pork processing facility in Beauce in Canada’s Quebec province with an investment of $3m. The Canadian pork and poultry meat producer will use the investment for installing new equipment ...
Consolidated Grain and Barge (CGB) is set to expand its soybean processing plant in southwest Indiana with an investment of more than $31m. Through the expansion, the company plans to double the size of its plant located at the Port of ...
Tags: CGB, expansion, soybean processing plant
Tomlinson’s Dairies has announced that it will invest £14m to expand its milk processing plant in Minera, Wales. The expansion plan comes in wake of bagging a supply contract from Sainsbury for its stores in Wales and also in ...
Lotus Bakeries has announced that it will invest in setting up a new manufacturing facility in the US, to expand its biscuit production capacity. Besides, the company will build a new production hall in Belgium to meet the growing demand ...