BP announced its financial results for the second quarter of 2014. Underlying replacement cost profit for the quarter of 2014 was $3.6 billion, 34% higher than the $2.7 billion reported for the same period in 2013 and 13% higher than the ...
Tags: oil production, gas production
Bed Bath & Beyond Inc. announced that its Board of Directors has authorized a new $2.0 billion share repurchase program. The Company expects that the new share repurchase program will commence after the completion of its existing share ...
Tags: Bed Bath&Beyond, share repurchase, Textile
Daimler AG (stock-exchange symbol: DAI) is continuing along its path of profitable growth. In the second quarter of 2014, the Group achieved new record levels of unit sales and revenue and significantly increased its operating profit from ...
Tags: Daimler AG, profitable, Auto Parts
Olayan Financing Company (OFC) has bought 51% stake in juice and beverage manufacturing firm Gulf Union Foods (GUFC) from a group of investors including Jadwa Investment. As part of the transaction, Jadwa has divested 30% stake in Gulf ...
Tags: OFC, Jadwa Investment, Agriculture
Porsche Engineering Group GmbH, the engineering services provider based in Weissach, signed a comprehensive co-operation agreement with Tongji University in Shanghai in the People's Republic of China. The aim of the agreement is to carry ...
Tags: GmbH, comprehensive, Auto Parts
Rocky Mountain Chocolate Factory reported its operating results for the first quarter of FY2015. The Company also announced that its Board of Directors has approved a new 3 million-share stock buyback program. The Company franchises ...
Tags: Chocolate Factory, FY2015, Food
PhotonStar LED Group has conditionally raised £2.2 million through the sale of shares. 31,400,000 new ordinary shares of 1p each have been placed – a method of selling new shares in the primary market – at a price of 7p ...
Epistar Corp (Taiwan’s largest manufacturer of LED epiwafers and chips) is to issue 174.612 million new shares (worth NT$10 each, totalling NT$1746.12m) to acquire fellow Taiwanese LED epiwafer and chip maker Formosa Epitaxy Inc ...
Tags: LED epiwafers, LED chips
PPG Industries has announced that it has reached a definitive agreement to acquire Consorcio Comex, S.A. de C.V. ("Comex"), an architectural and industrial coatings company with headquarters in Mexico City, Mexico. The transaction is valued ...
Tags: Construction, Decoration, Coating
Apollo Tyres is set to invest $340m to strengthen manufacturing capabilities at its Chennai and Kalamassery, Kerala plants. As part of the expansion project, the company will boost truck and bus radial tyre capacity at Chennai plant to ...
Tags: auto parts, tire, tyre
Lite-On Technology expects CCMs (compact camera modules) mainly used in smartphones, LED devices and LED lighting products as well as SSDs to be the main sources of revenues growth for the second half of 2014, according to CEO Warren Chen. ...
Tags: Lite-on Technology, LED
Inventec has seen an improvement in the operations of three PV subsidiaries, company chairman Richard Lee said at its 2014 shareholders meeting on June 12. The three subsidiaries are crystalline silicon solar cell maker E-Ton Solar Tech, ...
Tags: Inventec, PV subsidiaries
Tara Minerals has completed the acquisition of FreshTec’s intellectual property for the preservation and protection of fresh fruit, vegetables and flowers during extended periods of shipping and storage. Under the deal, the company ...
Fonterra Co-operative Group Limited has reached a settlement with NZX in relation to the continuous disclosure of information during the precautionary whey protein concentrate (WPC80) recall in August 2013. Group Director Governance and ...
Tags: Fonterra, protein concentrate
Victoria PLC, the international designers, manufacturers and distributors of innovative floorcoverings, announces, subject to shareholder approval, a proposed special dividend of £2.92 per Existing Ordinary Share ("Special Dividend"). ...
Tags: floorcoverings, Victoria PLC