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Lactalis to Buy Remaining Stake in Parmalat for Eur637m
Jan 6, 2017French dairy giant The Lactalis Group has offered its Italian subsidiary Parmalat a buyout offer of €637m for the 12.26% stake it doesn’t hold. The move from the Lactalis is to take 100% control of Parmalat in order to delist ...
Tags: dairy, Lactalis Group
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Nissan to Sell Stake in Auto Parts Supplier Calsonic Kansei to KKR
Nov 29, 2016Nissan Motor has agreed to divest its 41% stake in Japanese auto parts firm Calsonic Kansei to private equity firm KKR for JPY498.3bn ($4.5bn). This deal is being regarded as one of the largest deals in Japan, particularly in the ...
Tags: Nissan Motor, KKR
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Cascades Announces Results for Third Quarter of 2016
Nov 15, 2016Cascades reports its unaudited financial results for the three month period ended 30 September 2016. Q3 2016 Highlights Sales of $1,021 million (compared to $998 million in Q2 2016 (+2%) and $1,026 million in Q3 2015 (stable))Adjusted ...
Tags: Cascades
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Intertape Polymer Group Reports Q3 2016 Results
Nov 15, 2016Intertape Polymer Group Inc., released results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights (as compared to third quarter 2015): Revenue increased 3.0% to $206.6 million primarily due to the ...
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UFP Technologies Reports Q2 Results
Aug 8, 2016UFP Technologies, a designer and custom converter of foams, plastics, composites, and natural fiber materials, reported net income of $2.7m or $0.38 per diluted common share outstanding for its second quarter ended 30 June 2016, a 20.4% ...
Tags: UFP Technologies, biotech, custom converter
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Solazyme Focuses On Algae Platform To Redefine The Future Of Food
Mar 16, 2016Solazyme is focusing the company exclusively on food, nutrition and specialty ingredients, harnessing the power of its transformational algae innovation platform. The evolution leverages over a decade of R&D and product development on an ...
Tags: Solazyme, Transformational algae, R&D, Food
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Armanino Foods of Distinction Announces Record Sales
Feb 16, 2016Armanino Foods of Distinction reported record sales and profits for the fourth quarter and year ended December 31, 2015. Net sales in the fourth quarter were $9,044,580, an increase of 16% from the $7,793,293 posted in 2014's fourth ...
Tags: Armanino Foods, domestic markets
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Flowers Foods Reports Fourth Quarter and Full Year 2015 Results
Feb 15, 2016Flowers Foods, Inc,producer of Nature's Own, Wonder, Tastykake, and other bakery foods, reported financial results for the company's fourth quarter and year ended January 2, 2016 and provided guidance for fiscal 2016. Reported results ...
Tags: Flowers Foods, EBITDA
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Mcrae Industries Shows Modest Revenue Gain in Q1
Dec 21, 2015McRae Industries, Inc., the maker of military, work and western boots, reported consolidated net revenues for the first quarter of fiscal 2016 of $31.7 million as compared to $29.2 million for the first quarter of fiscal 2015. Net earnings ...
Tags: McRae Industries, Inc., footwear brandes, Sporting Goods
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Dialog Semiconductor's Acquisition of Atmel Costs $4.6 Billion
Oct 14, 2015Dialog Semiconductor (XTRA: DLG) and Atmel Corporation (NASDAQ: ATML) announced today that Dialog has agreed to acquire Atmel in a cash and stock transaction for total consideration of approximately $4.6 billion. The acquisition creates a ...
Tags: Dialog Semiconductor, Atmel, Acquisition
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Valspar Reports Fiscal 2015 Third Quarter Results
Aug 31, 2015The Valspar Corporation has reported fiscal third quarter 2015 net sales of $1.15 billion, a decrease of 7 percent over the prior year. Total volume was flat as growth in the Coatings segment was offset by the expected decline in the Paints ...
Tags: Valspar, Paints segment
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EnWave Has Signed a Technology Evaluation and License Option Agreement
Jul 20, 2015EnWave has signed a technology evaluation and license option agreement with a vertically-integrated, leading table grape producer in California. The Agreement grants the GP the exclusive right to develop crispy grape snack applications ...
Tags: agriclutural products, fruits, grape
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Remington Outdoor Company Reported Sharply Higher Losses in Q1
Jun 1, 2015Remington Outdoor Company reported sharply higher losses in the first quarter ended March 29 as sales declined by $53.9 million, or 21.2 percent. The country's largest manufacturing of firearms said sales reached $201.3 million compared ...
Tags: Remington Outdoor, Sporting Goods
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Sherwin-Williams Reports 2015 First Quarter Financial Results
Apr 22, 2015The Sherwin-Williams Company announced its financial results for the first quarter ended March 31, 2015. Compared to the same period in 2014, consolidated net sales increased $83.7 million, or 3.5%, to $2.45 billion in the quarter due ...
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Gildan Activewear Practices Two for One Share Split
Apr 1, 2015Canadian apparel retailer Gildan Activewear said it has completed the implementation of its previously announced two for one share split of its outstanding common shares by way of a share dividend. The common shares started trading on a ...
Tags: Gildan Activewear, Shareholder, Apparel
