Costco Wholesale Corporation, an American warehouse club that provides a wide selection of merchandise, has announced that the Company’s Board of Directors has declared a quarterly cash dividend on Costco common stock of 35.5 cents ...
Stockmann, a Finnish listed company engaged in the retail trade, has appointed Per Thelin, as the new Chief Executive Officer (CEO), effective from the 10th of November, 2014. Per Thelin, a B.Sc. Economics Graduate and a Swedish citizen, ...
Tags: Stockmann, Chief Executive Officer, Textile
NYSE-listed Dollar General Corp said it remains committed to acquiring rival Family Dollar and also extended its offer to acquire all outstanding shares of Family Dollar Stores, Inc. Dollar General will tender $80.00 per share in cash, ...
Tags: Dollar General, Family Dollar, Apparel
In the third quarter ending September 30, 2014, higher sales volume of high margin ethane-based products, helped net profit at Petronas Chemicals climb 4.1 percent, from a year ago quarter. Net profit in the third quarter of 2014 rose to ...
Producer of speciality chemicals and NYSE listed, Eastman Chemical said it expects to deliver greater than 12 percent EPS growth, from strong organic growth due to acquisition of Taminco. Alongside, Eastman also expects to generate more ...
Higher product clearance promotions drove down gross margin in the first fiscal quarter ended October 27, 2014, at women’s apparel retailer and NASDAQ listed, Bebe Stores. Bebe Stores said gross margin from continuing operations as ...
In the second quarter of fiscal 2014-15, revenues and EBITDA surged 22% and 21%, respectively, from a year ago quarter, at Welspun India, a part of the $3 billion BK Goenka led, Welspun Group. Steered by strong volume growth, revenue at ...
Tags: EBITDA margin, Welspun India, Textile
Driven by higher margins and improved operations in downstream and chemical businesses, Exxon Mobil posted a 3 percent hike in net profit in the third quarter of 2014, from a year ago period. Net profit at Exxon Mobil, the world’s ...
NYSE-listed and clothing retailer, Gap Inc has approved a quarterly dividend of $0.22 per common share for holders of the Company’s common shares. The dividend will be paid on or after January 28, 2015 to shareholders of record at the ...
NYSE-listed and babies and kids apparel retailer Carter’s Inc has announced that the Company’s Board of Directors has approved a quarterly dividend for holders of the Company’s common shares in the amount of $0.19 per ...
Tags: kids apparel retailer, Net income, Apparel
MamaMancini's, a manufacturer and marketer of specialty pre-prepared, frozen and refrigerated "all natural" food products (as defined by the United States Department of Agriculture), announced today that, effective October 24, 2014, Matthew ...
Tags: MamaMancini's, Food, Matthew Brown
Fresh Del Monte Produce has reported a surge in profit for the third quarter, driven largely by higher sales and prices for bananas. Coral Gables, Florida-based Fresh Del Monte's third-quarter profit rose to $19.9m from $6.4m last year. ...
Tags: Fresh Del Monte, banana, pineapples
New Zealand dairy co-operative Westland Milk Products will build a new $40m ultra-high-temperature (UHT) treated long life milk plant at Rolleston manufacturing center. The proposed investment is said to be the company's first venture ...
Tags: Milk Products, milk dryer, Agriculture
UK-based Plastics Capital has agreed to acquire packaging manufacturer, Flexipol Packaging, for a maximum consideration of £10.64m. Based in Lancashire, Flexipol produces plastic packaging products like vacuum bags, block bottom ...
UK-based Dairy Crest has agreed to divest its Dairies operations to Müller UK & Ireland for £80m, citing slump in profits during the six months ended September. The transaction includes production plants at Foston, Chadwell ...