"By adding Family Dollar to our portfolio of brands, Dollar Tree will soon operate more than 13,000 stores in 48 states and five Canadian provinces with annual sales exceeding $18 billion,” a top Dollar Tree official said. Bob ...
Tags: business model, footprint, Apparel
3M has reported fourth-quarter earnings of $1.81 per share, an increase of 11.7 percent versus the fourth quarter of 2013. Sales grew 2.0 percent year-on-year to $7.7 billion. Organic local-currency sales grew 6.3 percent with acquisitions ...
Tags: income margins, shareholders, Construction
Capital Brewery is delaying its expansion project in Sauk City, in the US state of Wisconsin for at least three to six months. This comes after Capital Brewery operations director Brian Destree has decided to step down as the person in ...
Tags: Brewery, canning line, Agriculture
Alliant Techsystems Inc. stockholders approved Tuesday the company's proposed merger with Orbital Sciences Corp., clearing the way for the spin-off next week of its firearms and Bushnell business as a new publicly traded company called ...
Tags: Vista Outdoor, Sporting Goods
Canadian coffee and doughnut chain Tim Hortons is laying off staff both at its regional offices and corporate headquarters following takeover by Burger King Worldwide. The job cuts is part of reorganisation after the company's ...
Tags: coffee, Agriculture
After closely analyzing the claim made by Schenker-Winkler Holding AG (SWH) to convene an early extraordinary General Meeting, the Board of Directors of Sika AG has made the following decisions: In the view of the Board of Directors, the ...
Tags: Voting Rights, Construction
Rock-Tenn Company has collaborated with US-based global packaging company MeadWestvaco Corporation (MWV) to create a combined company of packaging (NewCo) in a transaction with an equity value of $16 billion. Under the terms of the ...
According to The Telegraph, ScS is preparing to return to the London stock market this week with a listing valuing the business at £70m. According to the newspaper, the retailer did formally announce its flotation, instead quietly ...
Tags: price shares, flooring offering, Furniture
Family Dollar Stores said based on a preliminary count of the votes cast at its special meeting of stockholders, its shareholders voted to approve the proposed merger with Dollar Tree. “Based on preliminary count, around 84 million ...
Tags: stockholders, votes cast, Apparel
Dematic Group, a supplier of integrated automated technology, software and services to optimise the supply chain said it has acquired FSU Investments and in turn SDI Group Europe. SDI Group Europe is a supplier of garment-on-hanger and ...
Green Biologics (GBL) has announced the closing of an internal follow-on equity round of $42 million co-led by Swire Pacific Limited (HKEX: 00019/00087) and Sofinnova Partners. Existing investors Capricorn Venture Partners, Oxford Capital ...
Averna Deal Strengthens Averna’s Test-Solution Expertise and Provides Strategic Positioning on the U.S. West Coast Averna, an industry-leading developer of test solutions and services for communications and electronics device-makers ...
Tags: Cal-Bay Systems, Health
German wine seller Hawesko's CEO Alexander Margaritoff has resigned and is set to divest his 30% stake in the company to Detlev Meyer. With around 29.5% share in Hawesko, Meyer had offered Hawesko shareholders €40 per share, ...
Tags: wines, champagnes, alcoholic drinks, Agriculture
Limitless Venture Group has formally signed the SLAM bottling agreement with Temperance Distilling, through its wholly owned subsidiary Limitless Brands, which supersedes any and all previous agreements. After Temperance tested the ...
Tags: bonded warehousing, design services, TTB consulting, Agriculture
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, ...
Tags: portfolio management, earnings-accretive cash deployment, Construction