US dairy group Dean Foods has reported a jump in half-year profits as a focus on costs offset flat sales. Dean Foods yesterday (7 August) reported net income of US$94.5m for the six months to the end of June. A year earlier, it had booked ...
Tags: Cost control, Dean Foods Profits, Dean Foods
Visa Steel, which went into a corporate debt restructuring program 2 months ago, might try to bring in a strategic investor in its core long steel business. Mr Vishal Agarwal MD of Visa Steel said that "In the special steel business, we ...
Tags: Visa Steel, core long steel, steel business, raw material
The Individualized Apparel Group's purchase of Canadian based Coppley from HMX was finalized on Wednesday November 21 for an undisclosed amount after court approval in both Canada and the US. "We are very excited about the addition of the ...
Tags: HMX, IAG, Coppley business, individualized apparel
(i)Policy and Administrative Rules Catalogue of Related Laws Foreign Trade Law of the People's Republic of China Customs Law of the People's Republic of China Law of the People's Republic of China on Import and Export Commodity ...
Tags: jiangsu province, survey, economy, investment
Chiquita Brands International has appointed a CEO to replace Fernando Aguirre who announced his decision to step down amid a company revamp in August. Edward Lonergan, most recently CEO of hygiene solutions firm Diversey Inc, will take up ...
Tags: Ceo, revamp, bananas and salads
Chiquita Brands International has said its third-quarter net loss more than doubled amid falling sales and restructuring charges. The company said net losses rose to US$67m, up from $29m last year. Sales dropped to $714m, down from $723m ...
Tags: net loss, banana and salads businesses, profit decline
Irish food manufacturer Kerry Group has booked a decline in first-half profits. In the six months to the end of June, profits after taxation dropped to EUR107.6m (US$132.8m) from EUR144.4m last year. Operating profit declined 23.9% to ...
Tags: Irish food, first-half profits, EPS guidance
US food firm Pinnacle Foods has booked a drop in third-quarter earnings, which were hit be charges related to restructuring and refinancing. In a regulatory filing yesterday (8 November), Pinnacle said EBIT dropped to US$60m in the third ...
An opinion handed down by Judge Harlan Hale in the U.S.Bankruptcy Court for the Northern District of Texas orders 10 units of Vitro SAB be put into involuntary bankruptcy.In the opinion written Tuesday,Binswanger Glass Co.and VVP Auto Glass ...
Tags: bankruptcy, involuntary bankruptcy, VVP Auto Glass Inc
Swiss meat processing company Bell Group said it is "holding up well", despite booking a drop in first-half profits today (9 August). The company said it faced a "difficult" trading environment in the six-month period as net profit ...
Tags: Bell Group, meat processing company, meat, meat processing
Associated British Foods today (10 September) revealed it had taken an impairment charge of A$150m (US$155m) on its Australian meat business as it battles "difficult" trading conditions in the market. The UK-listed group announced the ...
Tags: Australia, ABF, impairment charge, meat business
UK own-label firm Bakkavor has reported an "improvement" in its revenue and margins in a set of mixed half-year numbers. The company booked a 3% increase in like-for-like revenue for the first six months of 2012 to GBP853.3m (US$1.34bn), ...
Tags: Bakkavor, improvement, H1
US food group Campbell Soup Co. has recorded a drop in first-quarter earnings as costs related to its acquisition of Bolthouse Farms hit profits. In the three months to 28 October, net earnings amounted to US$265m, an 8% drop on last ...
Tags: Campbell Soup Co., Q1, Earnings
Associated British Foods has said it expects "substantial" growth in full-year earnings after its first-half results benefited from a strong performance by its sugar division and Primark. For the six months to 3 March, pre-tax profits ...
Tags: ABF, substantial growth, sugar division, Primark
German retail giant Metro Group has sold its Real grocery chain in eastern Europe to French retailer Auchan for EUR1.1bn (US$1.4bn). The transaction, announced today (30 November), comprises Real's operational activities in Poland, ...
Tags: Auchan, Metro Group, chain in eastern Europe