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Evolva, Cargill Partner to Develop Next-Generation Stevia Sweetener
Apr 7, 2017Evolva will collaborate with Cargill for the production and commercialisation of the next-generation stevia sweetener, EverSweet. This product is on track for a 2018 launch, securing its first-mover advantage. EverSweet is a ...
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KapStone Reports Q4 and Full Year Results
Feb 14, 2017KapStone Paper and Packaging reported preliminary results for the fourth quarter and year ended December 31, 2016. As compared to 2015's fourth quarter, results for 2016's fourth quarter: Net sales of $777 million, up $13 million, or 2 ...
Tags: KapStone Paper, Packaging
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China Is Facing Growth Deceleration
Dec 12, 2016A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...
Tags: Chinese economy, global economy
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Bemis Company Reports Third Quarter Results
Nov 17, 2016Bemis Company reported third quarter 2016 diluted earnings per share from continuing operations of $0.72. Excluding the effect of restructuring and acquisition-related costs detailed in the attached schedule, “Reconciliation of ...
Tags: Bemis Company, diluted earnings
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KapStone Reports 2016 Third Quarter Results
Nov 10, 2016KapStone Paper and Packaging Corporation reported results for the third quarter ended 30 September 2016. Third Quarter Operating Highlights Consolidated net sales of $777 million in the third quarter of 2016 were $31 million, or 4 ...
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China Forex Reserves Fall for 4th Straight Month
Nov 9, 2016China's foreign exchange reserves shrank for a fourth straight month in October, the central bank said Monday. The world's largest currency hoard fell to 3.12 trillion U.S. dollars last month, down 45.7 billion dollars from September, ...
Tags: Forex Reserves, foreign exchange
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Yuan Tumble Unlikely Despite Weakening
Oct 24, 2016Though the Chinese currency renminbi, or the yuan, weakened to a six-year low against the U.S. dollar Friday, analysts said a sharp drop is unlikely despite persistent depreciation pressure. The central parity rate of the yuan retreated ...
Tags: Chinese currency, renminbi
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RMB Records Weakening Streak Against USD
Oct 13, 2016The central parity rate of the Chinese currency renminbi, or the yuan, weakened another 160 basis points to 6.7258 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System (CFETS). It was the weakest level ...
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Business Is Looking Forward to a Mostly Merry Christmas
Oct 12, 2016Australian business attitudes are upbeat as we head into the year-end holiday trading period. According to Dun & Bradstreet’s September Business Expectations Survey, companies are anticipating increased sales, profits, employee ...
Tags: business, Dun&Bradstreet, merry Christmas
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Ennis Reports Financial Results for Three and Six Months Ended in August
Oct 8, 2016Ennis reported financial results for the three and six months ended 31 August 2016. Highlights include: Gross profit margin on continuing operations increased slightly from 29.5% to 29.6% on a sequential quarter basis.Diluted earnings ...
Tags: Ennis, financial results
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The Third 10 Billion Yuan of Corporate Bonds in 2015 Issued Successfully
Sep 28, 2016On November 10, the third 10 billion yuan of corporate bonds in 2015 issued successfully in the inter-bank market, and on next day, the money was fully funded. These bonds were in bookkeeping way and unsecured with fixed-rate, including 8 ...
Tags: corporate bonds, inter-bank market
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Nine Dragons Paper Announces Fy2016 Annual Results
Sep 27, 2016Nine Dragons Paper announced the audited consolidated results of the company and its subsidiaries for the year ended 30 June 2016. The Board has declared and approved a final dividend of RMB 8 cents per share, and special dividend of RMB ...
Tags: Nine Dragons Paper, annual results
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MACOM Amends Credit Agreement Securing $250m in Incremental Term Loans
Sep 6, 2016MACOM Technology Solutions Holdings Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog RF, microwave, millimeter-wave and photonic applications) has entered into an amendment of its existing credit ...
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Foton-Daimler Won Purchase Contract of 1000 Trailers
Aug 25, 2016On the morning of August 16, Foton-Daimler, Capital Logistic and Beijing Huanda Automobile Assembly held signing ceremony in Beijing. The strategic purchase contract of 1000 intermediate axle trailers opened new road of development and ...
Tags: Foton-Daimler, Beijing Huanda Automobile Assembly, purchase contract
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Coveris Holdings Successfully Prices Incremental Term Loan
Aug 3, 2016Coveris Holdings, a portfolio company of funds advised by Sun Capital Partners, announced that it has received the necessary consents to certain proposed amendments to Coveris’ existing senior secured term loan facility, which will ...
Tags: Coveris Holdings, term loan