China's two largest trainmakers, CSR Corp and CNR Corp, inched one step closer to their impending merger after getting necessary approvals from overseas antitrust authorities, according to company announcements on Wednesday. The merger ...
Tags: CSR Corp, CNR Corp, trainmakers
Marketer of everyday basic apparel, HanesBrands said it has executed its previously announced 4-for-1 stock split. “The New York Stock Exchange began reporting the split-adjusted number of shares outstanding and per-share stock ...
Tags: HanesBrands, basic apparel
Fresh produce firm Univeg is exploring the possibility of a merger with fruits and vegetables processor Greenyard Foods and agribusiness Peatinvest. Univeg believes that the combination of three companies will be capable of offering the ...
Tags: Greenyard Foods, Univeg
Australian wholesaler and distributor of groceries Metcash is attempting to stem recent losses in its Liquor division, entering into an agreement in late February 2015 to purchase Southern Independent Liquor Group (SILG), which trades under ...
Tags: Liquor Sales, Food
On back of improved comparable store sales, US based retailer and NYSE listed, Kohl’s Corporation posted better than expected results in the fourth fiscal quarter ended January 31, 2015. In the fourth quarter of fiscal 2015, driven ...
Akzo Nobel N.V. has reported positive volume growth and an improvement in return on sales (ROS) for the full-year 2014. Excluding incidentals, ROS was 7.5 percent (2013: 6.1 percent). Operating income excluding incidentals grew 20 percent ...
Tags: AkzoNobel, Decoration Coating
Chinese high-speed train companies are eyeing more contracts in overseas markets. "The US will be the next strategic focus for us, after successfully winning the Boston contract," Yu Weiping, vice-president of China CNR Corp, told China ...
Tags: high-speed train, overseas markets
France-based rice producer Marbour has agreed to acquire 100% stake in Canadian establishment MRRM. Both the companies have entered into a definitive agreement to this effect. MRRM mills, bags, packages, cans, processes, and sells ...
Tags: rice, Marbour, MRRM mills
“In 2014, we delivered 16 per cent growth in adjusted earnings per share, significantly increased return on capital, and distributed over $480 million of cash to shareholders, CEO of Avery Dennison said. CEO Dean Scarborough said, ...
Tags: Avery Dennison, Textile
In preliminary estimates, marketer of intimates’ iconic brand Victoria Secret, L Brands said its net sales for the fourth quarter rose 7 per cent year on year for the fourth fiscal quarter ended January 31, 2015. Net sales for the ...
Not so fast, Wright and Tornier. U.S. regulatory agencies want a few matters cleared up before deciding whether to approve the proposed $3.3 billion merger of U.S. bone-implant maker Wright Medical Group Inc. with Dutch orthopedic ...
Tags: orthopedic device, medical device
H.B. Fuller Company has announced that it has finalized the previously announced purchase of Tonsan Adhesive, Inc., the largest independent engineering adhesives provider in China. With this acquisition, H.B. Fuller adds strong customer ...
Tags: H.B.Fuller, Tonsan Adhesive
The opposition of the shareholders of Sika AG to the hostile takeover bid by Saint-Gobain continues to mount. So far, investors who together hold over 40 percent of the share capital have expressly stated their support for the course ...
Tags: pension funds, prominent institutional investors, Construction
Campbell Soup is planning to reorganize its business operations into three divisions, in a move to accelerate its growth trajectory. Under the new plan, the new divisions, Americas Simple Meals and Beverages, Global Biscuits and ...
Tags: Biscuits, Snacks, Agriculture
Canadian Methanol producer, Methanex said its adjusted net income climbed 21.21 per cent from a year ago quarter for the fourth quarter ended December 31, 2014. Methanex posted adjusted net income of $80 million or $0.85 per share on a ...