Graco Inc. has agreed to acquire the stock of Pennsylvania-based High Pressure Equipment (HiP) company for $160 million. The acquisition of HiP is subject to customary regulatory review and Graco expects to complete the transaction in the ...
RPM International Inc. reported a 10 percent increase in net income and an 8 percent increase in earnings per diluted share on flat sales for its fiscal 2015 second quarter ended November 30, 2014. Second-Quarter Results Net sales of ...
Posted in Medical Device Business by Nancy Crotti on January 6, 2015 Shareholders of Medtronic and Covidien on Tuesday overwhelmingly approved the companies’ multibillion-dollar merger, which will create a new Medtronic based in ...
Ecommerce, which created a buzz in the Indian retail market last year, is likely to further grow in 2015, given the growing number of Internet users in the country, which is already estimated to have touched 250 million. Although ...
Tags: retail market, e-retail space, Apparel
Samsung's earnings in Q4 rebound from the prior quarter on brisk chip sales and reduced marking costs, a regulatory filing showed Thursday. Samsung Group is reorganizing its business empire to make it easier for the children of Samsung ...
Tags: Samsung, Mobile Chip
Recent suggestions from the Australian Federal Government that the Goods and Services Tax (GST) be applied to the sale of fresh food has sparked concern from both farmers’ groups and the Federal Opposition. Liberal backbencher, Dan ...
Tags: Food Ignites, Services Tax, Agriculture
The post-recession years have been challenging for the UK beer market, with sales dropping by over 500 million litres between 2009 and 2013 alone. However after five consecutive years of decline, new findings from market research Mintel has ...
Tags: beer market, cider market bode, Agriculture
The Bay City Commission in Michigan, US, will consider a resolution for a Brownfield Redevelopment Plan for the city's Landaal Packaging Systems that would be an incentive for the nearly $5m expansion that had been announced earlier. ...
Tags: manufacturing, warehousing, office operations, Agriculture
RF Micro Devices Inc of Greensboro, NC, USA and fellow RF component maker TriQuint Semiconductor Inc of Hillsboro, OR, USA have completed their merger to form Qorvo Inc, a provider of what is claimed to be the industry’s broadest ...
Tags: gallium arsenide, gallium nitride, bulk acoustic wave, Electrical
Indian synthetic fibre and yarn producers have urged the Union Ministry of Finance to abolish excise duty of 12 per cent levied on the industry and bring it at par with the cotton fibre and yarn sector. “This will help the growth of ...
Tags: cotton fibre, yarn sector, Textile
The proposed Constitution Amendment Bill on Goods and Services Tax (GST), introduced by Finance Minister Arun Jaitley in Lok Sabha last month, is expected to smoothen business process (ease of doing business) for ecommerce companies by ...
Exports from the Vietnamese apparel sector are expected to touch US $24.5 billion and thereby surpass the set target by nearly $1 billion. “The garment and textile sector continues to top Vietnamese exports, mainly due to right ...
The Massachusetts Economic Assistance Coordinating Council (EACC) has approved the expansion plans of EasyPak in Leominster, US. The EACC approved the EasyPak's expansion along with 18 other projects under the Economic Development ...
Jack Wolfskin has reached an agreement to buy out its Chinese distributor and licensee over the next two years to clear the way for a new subsidiary it will establish in the People's Republic of China, or PRC. In exchange for a two-year ...
Tags: Jack Wolfskin, Chinese Distributor
Gross margin expansion and a lower average share count drove diluted earnings per share growth by 25 per cent year on year at Nike for its second fiscal quarter ended November 30, 2014. In the second quarter of fiscal 2015, net income ...
Tags: product type, geography, key category, Apparel