Chairman Jimmy Chu of the Fair Friend Ent. Group, Taiwan's biggest machine-tool conglomerate by revenue, announced plans to go public in Taiwan around the end of 2017 by consolidating resources of all of its subsidiaries worldwide. The ...
Tags: machine-tool, horizontal machining
Big 5 Sporting Goods Corp. noted that in addition to the three candidates for election previously announced by Stadium Capital Management, LLC, Engaged Capital, LLC also has nominated four other director candidates for election to the ...
Tags: Sporting Goods Corp, Big 5, Sporting Goods
China's industrial profits for the first two months of the year declined 4.2 percent year on year, narrowing from the 8-percent decrease seen last December. Profits of Chinese industrial businesses hit 745.24 billion yuan (121.5 billion ...
Karmaloop Inc., a 15 year-old online retailer specializing in streetwear, action sports and music-inspired clothing for 18-35 year old males, has begun a formal restructuring and set a sales auction process. The restructuring and new ...
Tags: Karmaloop Inc, Brand val, Sporting Goods
Chief executive officers have less confidence in growth prospects for their businesses amid China's economic restructuring, even as most of them continued to remain bullish on the size and strength of the Chinese economy, a survey said on ...
China's State Council pledged Wednesday to boost the implementation of the "Made in China 2025" strategy, which will upgrade the manufacturing sector. Accelerated industrialization is supported by the manufacturing sector, according to a ...
American food processing company Heinz has announced job cuts at its Kitt Green site in Wigan, UK, as part of a restructuring process. According to the company, almost 71 roles will be axed at its baked beans factory where some of the ...
Tags: Heinz, Production line, Food
Net sales grow by $61 million in the fourth quarter, despite its restructuring push circling another $100 million upwards in spending cuts. Toys R Us has seen net sales grow by $61 million in the fourth quarter, despite its restructuring ...
Tags: toys R Us, domestic business, toys
General Motors has announced the exit of its Opel brand from Russia market by December 2015 as well as planned an overhaul of its entire business model in the country. Apart from taking off its Opel brand, the company will also minimize ...
Tags: Motor, Business Model, Auto Parts
Stadium Capital Management, LLC (SCM) said it has notified Big 5 Sporting Goods Corp. that it will nominate three "highly qualified, independent candidates" to serve on the retailer's board at Big 5's 2015 annual meeting expected to be held ...
Tags: Big 5, Proxy Battle
Net income for the thirteen weeks ended January 31, 2015 at The Children's Place, Inc, a pure-play children's specialty apparel retailer in North America was up from same period of previous year. Net income for the reporting quarter stood ...
As China walks the economic tightrope of balancing steady growth, facilitating restructuring and combating deflation risks, Zhou said there may be room for flexibility despite consistent championing of a prudent monetary policy. Policy ...
Tags: Central Bank, China's GDP
Tesla Motors Inc has announced that it will be handing pink slips to its employees in China as a part of its restructuring plan. The premium electric vehicle maker hasn’t declared the number of jobs that will be slayed, but there ...
Tags: Tesla Motors, electric vehicle
China could struggle to meet its 2020 nuclear energy targets with the industry still waiting on a cautious government to speed up the approval process, a senior industry executive said on Saturday. But as it waits for domestic projects to ...
Tags: Nuclear Industry, Nuclear
Chinese steelmakers are facing more headwinds this year as economic growth slows and need government support to tackle long-term overcapacity, the chairman of Anshan Iron & Steel Group said. China's steel sector has been struggling with ...
Tags: Steel, Metallurgy, Mineral