Vietnamese dairy firm Vinamilk has decided to eliminate its 49% foreign ownership limit to facilitate overseas investment into the company which is valued at $7.85bn. The company has not set a timeframe on when the current limit would be ...
Tags: Vinamilk, Vinamilk investor
China's economy is going through a series of historic transitions, and recent short-term market volatility will prove temporary, experts attending the World Economic Forum (WEF) Annual Meeting 2016 said on Thursday. The Chinese government ...
Tags: Economy Transitioning, Economy
China's latest efforts to stimulate its economy by deepening structural reform will produce rich "dividends" shared within China's borders and across the world. While the effectiveness of traditional demand-side policy support lessens, ...
Tags: Structural Reform, PRO-growth
Big 5 Sporting Goods Corp. noted that in addition to the three candidates for election previously announced by Stadium Capital Management, LLC, Engaged Capital, LLC also has nominated four other director candidates for election to the ...
Tags: Sporting Goods Corp, Big 5, Sporting Goods
Stadium Capital Management, LLC (SCM) said it has notified Big 5 Sporting Goods Corp. that it will nominate three "highly qualified, independent candidates" to serve on the retailer's board at Big 5's 2015 annual meeting expected to be held ...
Tags: Big 5, Proxy Battle
A number of Québec's institutional investors and bankers have announced a $470m investment, in the form of preferred units, in Agropur Cooperative, Canada's largest dairy cooperative. The transaction supports the cooperative's ...
Tags: dairy product, Agriculture
FDA-approved Grand River Aseptic Manufacturing (GRAM; Grand Rapids, MI) has announced that it has successfully closed a $9.8 million financing round. The privately held contract manufacturer provides manufacturing services for the aseptic ...
Corn use in the U.S. has slipped lower in recent months, and that's got USDA opening up a slightly lower price range looking further into the 2013-2014 marketing year. That's according to Friday's monthly USDA World Agricultural Supply and ...
Tags: Agriculture, Food, Corn, Soybean
Crocs, Inc. announced that Blackstone Group LP is making a $200 million investment that will give the private equity firm a 13 percent stake in the shoe company. Crocs also said late on Sunday that John McCarvel, its CEO, plans to retire in ...
Tags: Crocs, Blackstone Group LP, investment, John McCarvel, retirement
Merck and LG Display have entered into discussion regarding the possibilty to jointly develop a printing method for the production of organic light emitting diode (OLED) displays, according The Korean Times. “Merck is working ...
US-based SK Food has unveiled plans to set up a food manufacturing facility in the Columbus region, Ohio, a move which would create approximately 250 jobs over the next three years. The $13m project will be operated within the company's ...
Tags: SK Food, Food Facility
Booming diesel-fuel use in Europe and Latin America is paying off for U.S. drivers, as gasoline prices fall to a nine-month low. October supplies of gasoline are at a three-year high for that month, but refiners are still running at high ...
Tags: Metallurgy, Mineral, Energy, diesel-fuel
Uranium prices are at their lowest level in nearly eight years, as investors and utilities give up on a quick revival for nuclear power. The market for the radioactive fuel hasn't recovered from the 2011 earthquake and tsunami that ...
Tags: Chemicals, Metallurgy, Mineral, Energy, Uranium
DESPITE deep reservations about domestic political instability and shaky conditions in the resources sector, professional investors expect local shares to shrug off May's malaise and see the All Ordinaries index retest 5000 points by ...
Tags: economy
Hints that the Federal Reserve could pull back on its easing efforts later this year sent stocks broadly lower, with high-dividend-yielding stock sectors leading declines. After falling modestly in the initial minutes following the ...