A consortium of Ningbo Joyson Electronic (Joyson Electronics) and Asia-based private equity firm PAG have offered funding to Key Safety Systems (KSS) in acquiring the all of the global assets of Japan-based airbag-maker Takata. Takata's ...
Toy suppliers have stopped deliveries to the UK arm of Toys R Us over fears the financial struggles of its American company could leave them out of pocket. Despite the retailer insisting last month that it was ‘business as ...
Toys R Us is harnessing the power of augmented reality to help bring the ailing retailer from the brink of bankruptcy, it has been revealed. In the midst of its ongoing financial struggles, CEO Dave Brandon has detailed the ...
Japanese automaker Honda Motor has agreed to pay a compensation of $605m related to the Takata airbag issue in the US. The settlement covers more than 16.5 million vehicles in the country, for installing potentially faulty airbag ...
Tags: Honda Motor, Takata airbag
Installation rush in China ahead of June 30 is about to terminate, so trading volume has significantly dropped. For one thing, there is nearly no product for transaction in the market; for the other, it is meaningless to buy PV products ...
Tags: PV products, PV sectors
Barbequed meats manufacturer Rupari Food Services has agreed to divest almost all of its assets to a subsidiary of Carl Buddig and Company. The sale of the company is a natural next step for Rupari Food Services, who had been seeking a ...
Tags: Rupari Food, meats
HUAWEI is now able to become China and even the world in the 20 years of science and technology enterprise miracle, has its great enterprise management mechanism, the mechanism of interest sharing, as well as several generations of HUAWEI's ...
Tags: HUAWEI, interest sharing, vice president
With demand for notebooks stronger than expected and notebook component suppliers conservative about their shipments, several components including panel, battery and solid state drive (SSD), reportedly are suffering from shortages, ...
Tags: Notebook, Solid State Drive
Concourse Sports LLC has reached an agreement to acquire Team Express Inc., which filed for bankruptcy protection in mid-December. Concourse will act as the stalking horse bidder in the case and may be outbid at an auction set for May 4. ...
Tags: Concourse Sports, Team Express, Acquisition
Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has confirmed that investment firm Paragon Technologies Inc of Easton, PA, USA, ...
Sports Authority Inc. pushed back the planned bankruptcy auction from April 25 to May 16 amid “substantial” interest from several potential bidders. A report from Reuters also indicated that both Dick's Sporting Goods and ...
Performance Sports Group Ltd. swung to a net loss in the fiscal third quarter ended February 29 as expected due to a precipitous drop in baseball and softball sales, retail bankruptcies and the impact of currency exchange rates on its ...
Epiq Systems has installed the Oce ColorStream 3900 digital color inkjet printing system, part of the Oce ColorStream 3000 Twin Series. With a global presence spanning North America, Europe and Asia, Epiq is a leading provider of ...
Tags: Epiq, Epiq system
Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, Bankruptcy
Fiat Chrysler Automobiles (FCA) will cut nearly 1,300 jobs at its Sterling Heights Assembly plant starting from 5 July. The layoffs come in the wake of reduced production at the facility due to declining demand for Chrysler 200 midsize ...