US-based Dole Food has received clearance from the Chinese Ministry of Commerce to sell its worldwide packaged foods and Asia fresh produce business to Japanese trading house Itochu for $1.68bn in cash. The two companies had signed an ...
Tags: Dole Food, worldwide packaged foods, fresh produce business
An Apple iPad with a smaller screen, if released, could create tough decisions for buyers and slow the momentum of the current 9.7-in. iPad and a number of Android devices with 7-in. and 8-in. screens, analysts said on Thursday. ...
Tags: Apple iPad, smaller screen, tablet market
In the Q3 of 2012, the American division revenue declined by 8% to USD 410 million compared to the prior quarter primarily due to lower welded volumes and to a lesser extent price reductions across the welded pipe business. Continued ...
Tags: welded pipe business, pressure from imports, lower welded volumes
Ossen Innovation Co Ltd a China based manufacturer of an array of plain surface, rare earth and zinc coated pre stressed steel materials, announced its financial results for the three months and nine months ended September 30, 2012. ...
Mondelez International, the snacks group spun off from Kraft Foods last month, has reported a fall in underlying third-quarter sales amid problems in Brazil and Russia. The company, which produces brands including Cadbury chocolate, ...
Tags: Mondelez International, Kraft Foods, sales, comapany news
Chiquita Brands International has swung to a first-half loss as a drop in sales and higher sourcing costs hit profits. In the six months to the end of June, the US produce giant booked a net loss of US$6m compared to earnings of $102m ...
Tags: Chiquita Brands International, sales, sourcing cost, net loss
Carrefour CFO Pierre-Jean Sivignon has insisted he expects a series of measures to help improve the retailer's performance after it reported another quarter of falling sales in its domestic market. Speaking on the firm's earnings call ...
Tags: Carrefour, hypermarkets, retailer, market
TAICHUNG, Taiwan (BRAIN) — Italian saddle maker Selle San Marco is launching a new product line for the 2014 model year at Taichung Bike Week. Company officials said the line's options and flexible ordering tools are a key to the ...
Tags: Selle San Marco, product line, Taichung Bike Week, New Saddle
FMC Corporation expects mixed demand trends for its Soda ash in North America according to a supplemental commentary (Q&A) released by the company on 31st October, 2012. On the positive side, FMC witnessed the startup of a new container ...
Tags: FMC, container glass plant, soda ash, chemical
A national research study conducted by Eric Mower + Associates' Contractor Insight specialty reveals that contractors make nearly half of their tool and building supply purchases from big-box retailers. "Retailers score high for variety and ...
Tags: Market View, DIYer, contractor