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Delphi Automotive Plans to Spin off Powertrain Segment
May 5, 2017Delphi Automotive is planning to spin off its Powertrain Systems segment into a new, independent publicly traded company, which will allow it to focus on technology for electrically powered and self-driving vehicles. The transaction is ...
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JOLLY TIME Pop Corn, Cosmos Creations Launch New Popcorn Varieties
Jan 16, 2017JOLLY TIME Pop Corn, the first brand name popcorn, and Cosmos Creations, a brand that creates premium snacks with an indulgent, artisan taste, have joined forces to provide new popcorn flavors to consumers. The four new ready-to-eat ...
Tags: Popcorn, premium snacks
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Sealed Air Reports Third Quarter 2016 Results
Nov 15, 2016Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
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China's Crude Stocks Continued to Grow in October
Nov 14, 2015China's crude stocks continued to grow for the fifth straight month in October, despite a month-on-month drop in net imports, output and slight rise in throughput, Platts calculations based on recently released official data showed. Crude ...
Tags: crude stock, crude oil
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The Merger of Alliant Techsystems Inc
Jan 29, 2015Alliant Techsystems Inc. stockholders approved Tuesday the company's proposed merger with Orbital Sciences Corp., clearing the way for the spin-off next week of its firearms and Bushnell business as a new publicly traded company called ...
Tags: Vista Outdoor, Sporting Goods
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EBay Studying Whether to Spin off The Business as Part of a Broadening Restructuring
Jan 23, 2015Less than four years after acquiring GSI Commerce for $2.4 billion, eBay Inc. announced Wednesday it was studying whether to spin off the business in IPO as part of a broadening restructuring. The company disclosed the plans in its ...
Tags: broadening restructuring, box retailers, Sporting Goods
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Cormar Carpets to Complete Its Holme Mill Extension
Jun 17, 2014Award-winning UK carpet manufacturer Cormar Carpets' extension at its Ramsbottom-based Holme Mill site is more than half way complete and is set to meet the current July completion deadline. The concrete flooring has now been laid, ...
Tags: Cormar Carpet, Floring, Furniture, Furnishing
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UK Independent Oil & Gas Companies to Be Incentivised to Invest and Undertake Exploration
Dec 2, 2013UK independent oil and gas companies will be incentivised to invest and undertake additional exploration, as Government awards a further 52 oil and gas licences. UK independent oil and gas companies will be incentivised to invest and ...
Tags: Oil, Metallurgy, Mineral, Energy
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Turnning New Chevrolet Corvette C7 Stingray Into a Gt3-Class Racecar Was Confirmed
Jul 26, 2013German motorsport firm Callaway Competition has confirmed the launch of a development program to make the new Chevrolet Corvette C7 Stingray into a GT3-class racecar and submit for homologation from the FIA. Callaway’s announcement ...
Tags: Callaway Homologating, Chevrolet
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ROAL Electronics SpA And Efore Plc Have Entered Into a Definitive Agreement
Jul 25, 2013ROAL Electronics SpA and Efore Plc, a company based in Finland and listed in NASDAQ OMX HELSINKI, announced that the companies have entered into a definitive agreement for Efore to acquire ROAL Electronics. The transaction has been closed ...
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Fox Suspension Brand Are Laying The Groundwork for Taking The Company Public
Jul 12, 2013The owners of the Fox suspension brand are laying the groundwork for taking the company public. Compass Diversified Holdings, which also owns CamelBak, on Monday filed an S-1 registration with the Securities and Exchange Commission for a ...
Tags: Transportation
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National Employment at Year-End Stood at 769.90 Million Persons
Dec 27, 2012Under the correct leadership of CPC Central Committee and State Council, in accordance with the scientific concept of development and building a harmonious socialist society, by further intensify the work of employment, as well as improving ...
Tags: Social Security Development, Economy, China, Economy Development
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Kraft Foods Has Booked an Increase in First-Half Profits
Dec 12, 2012Kraft Foods has booked an increase in first-half profits, despite recording a fall in sales, thanks to productivity and price gains. In the six months to the end of June, net profit increased 4.2% to US$1.85bn. Operating profit in the ...
Tags: Kraft Foods, first half profits, fall in sales, food price
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Pantaloon Approved a Proposal to Consolidate Their Fashion Businesses
Nov 12, 2012The Boards of Directors of Pantaloon Retail India Limited(PRIL)and Future Ventures India Ltd,(FVIL)approved a proposal to consolidate their fashion businesses into a new to be listed entity(Future Fashion),which would emerge as one of ...
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Kraft Foods Split Into Two Independent Companies
Oct 2, 2012US-based Kraft Foods is split into two independent companies and both the firms will start trading on the Nasdaq as separate entities from today. Mondelez International will trade on the Nasdaq under the ticker'MDLZ',while Kraft Foods ...
Tags: independent companies, separate entities, advertising, brands