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Companies: Page 1879

CSM to sell bakery businesses to Rhone Capital for $1.1 billion
CSMMarch 25, 2013 ET
A food ingredients group CSM had agreed to sell its bakery supplies business for $1.1 billion (850 million euros) to Rhone Capital.
Tiffany's worldwide net sales increased four percent
TiffanyMarch 25, 2013 ET
Tiffany reported that its fourth quarter worldwide net sales increased 4% and net earnings rose 1%. In the year, worldwide net sales increased 4% and net earnings declined 5%.
First Quantum Minerals buys Inmet for $4.97 billion
First Quantum MineralsMarch 25, 2013 ET
First Quantum Minerals and its wholly-owned subsidiary FQM Akubra bought 85.5% of the outstanding Inmet shares for $4.97 billion (CAD$5.1 billion).
FDA: possible infections from Avastin, company recalls syringes
AvastinMarch 22, 2013 ET
U.S. Food and Drug Administration (FDA) announced that Clinical Specialties is voluntarily recalling all lots of all sterile products repackaged and distributed by the pharmacy due to lack of sterility assurance.
Sina to launch online payment service
Sina WeiboPayMarch 22, 2013 ET
Sina Corp, the owner of popular Chinese micro-blogging service Sina Weibo, will launch an online payment service in April.
Micron reports net loss of $286 million
Micron TechnologyMarch 22, 2013 ET
Computer memory maker Micron Technology reported a net loss of $286 million, or $0.28 per diluted share, on net sales of $2.1 billion, for the second quarter of fiscal 2013.
Rosneft completed the takeover of TNK-BP
Rosneft TNK-BPMarch 22, 2013 ET
Rosneft announced that it has completed the takeover of 100% stock in TNK-BP Thursday at 15:53 Moscow time.
Francesca's fantastic rise of 74%
Francesca's Holdings CorporationMarch 21, 2013 ET
Francesca's Holdings Corporation, a clothes and jewelry retailer, reported a 73.7% increase in earnings per diluted share of $0.33 for the fourth quarter.
Erickson Air-Crane buys Evergreen Helicopters for $250 million
Evergreen HelicoptersMarch 21, 2013 ET
Erickson Air-Crane, an operator of heavy-lift helicopters, bought Evergreen Helicopters (EHI) from Evergreen International Aviation (EIA) for $250 million.
Microsoft launches online store on
Microsoft tmallMarch 21, 2013 ET
Microsoft Corp has launched its online store on, China's largest business-to-consumer website.
AmerisourceBergen, Walgreen and Alliance Boots in partnership
AmerisourceBergenMarch 20, 2013 ET
AmerisourceBergen is entering into a strategic, long-term relationship with Walgreen Co. and Alliance Boots GmbH, which will streamline the distribution of pharmaceuticals to Walgreens' stores.
Venari's giant discovery in the Gulf of Mexico
Venari ResourcesMarch 20, 2013 ET
Venari Resources announced a major oil discovery in the Gulf of Mexico at its Shenandoah prospect with excellent quality reservoir.