Denmark’s meat processing company Danish Crown and meat marketer Westfleisch are set to form a joint venture aimed at deboning and sales of sow meat. Both the companies will have an equal share in the new venture called ...
“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
Arla Foods is integrating its markets in China and South East Asia in a new regional market called Business Unit Asia. The regional office will be placed in Kuala Lumpur, Malaysia, as of March 1st 2015. Asia is vital to Arla's ambitions ...
Tags: dairy export, Agriculture
Fonterra plans to acquire 20% stake in one of China's biggest milk processors, Beingmate, to form a global partnership with a total investment of $615m, which would help meet China's growing demand for infant formula. The partnership ...
New Sunbeam CEO Karen Hope is still settling in as the head of the Botany-based small appliance brand and the sheer magnitude of the job in front of her is only now revealing itself. Having joined the famous Australian small brand ...
Tags: Sumbeam, Karen Hope, Apparel Group, GUD
US-based spices and seasonings manufacturer McCormick has acquired Wuhan Asia-Pacific Condiments (WAPC), a privately held firm based in China, for CNY900m ($147m). WAPC produces DaQiao and ChuShiLe brand bouillon products, and has a ...
Tags: Agriculture, spices
Nordstrom, Inc. reported earnings per diluted share of $0.73 for the first quarter ended May 4, 2013, representing a 4.3 percent increase from $0.70 for the same quarter last year. Net earnings were $145 million compared with $149 million ...
Unable to close a number of large mainframe and software deals by the end of the quarter, IBM has reported a 5 percent decline in revenue to US$23.4 billion for the first quarter of 2013. Net income for the quarter ending March 31 also ...
Tags: IBM.software
Unable to close a number of large mainframe and software deals by the end of the quarter, IBM has reported a 5 percent decline in revenue to US$23.4 billion for the first quarter of 2013. Net income for the quarter ending March 31 also ...
Tags: Computer Products, software, IBM
Metals service center Olympic Steel announced Thursday financial results for Q4 2012 and for the full year 2012. Net sales for the Q4 totaled $291.7 million, an 8.8 percent decrease from the Q4 record of $319.9 million reported in last ...
Tags: Olympic Steel, Steel, sales
Acquisitions and growth in markets outside the EU have helped dairy giant Arla Foods report higher annual sales and profits. The company said today (20 February) its consolidated net profit jumped by more than a third in 2012 to DKK1.9bn ...
Tags: M&A, Emerging Markets, 2012
Stress and fatigue are two of the major contributors to decreased employee productivity and increased disability. Ergomats, now available through Creative Safety Supply, will improve work quality and help workers feel better. The ...
Tags: stress, fatigue, Ergomats, Classic Standard mat
US spice firm McCormick & Co. has agreed a deal to buy Chinese bouillon maker Wuhan Asia-Pacific Condiments Co. The CNY900m (US$141.5m) deal will add bouillon to McCormick's Chinese portfolio, which includes spices, seasoning blends and ...
Tags: bouillon firm, Condiments, spices, seasoning blends, sauces
US-based packaging provider Graphic Packaging has signed an agreement to acquire a UK-based packaging provider Contego Cartons. Graphic Packaging will pay about £71m in cash and about £10m in the form of other net liablilties ...
Tags: agreement, acquisition, synergies
Lincoln Financial has registered a net income of $402m, or $1.41 per diluted share, for the third quarter of 2012, from $153m, or $0.47 per diluted share during the same period last fiscal. Third quarter income from operations stood at ...
Tags: Lincoln Financial, net income, third quarter, disability insurance