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Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
Recession-Era Deals Put Brakes on Wheel Maker
Superior’s sales to Big Three up but contracts squeeze profits.Auto maker deals drafted during the recession are driving down profits for wheel maker Superior. February 20, 2012 midnight $$ ShareCeres Stock Rises on First Day of Trading
After nearly a two-week delay from their expected launch, shares of agricultural biotech Ceres Inc. began trading on Wednesday following an initial public offering that raised about $65 million.
Herbalife Finishes Strong in Fourth Quarter
Herbalife Ltd. shares gained 7 percent on Wednesday after the nutritional supplement company reported better-than-expected fourth quarter results, driven by double-digit sales volume growth around the world.
Disappointing Holiday Sales Increase Jakk’s Loss
Jakks Pacific Inc. reported a slightly larger-than-expected fourth-quarter loss, but shares actually closed up slightly on Tuesday as the toymaker’s revenue beat Wall Street forecasts.
El Segundo Shoemaker Sees Larger HQ as Big Step
Matisse says consistent growth spurred relocation into new space.
Growing shoemaker Matisse paints itself out of a corner by moving into bigger space in El Segundo.
Cardiologist Puts Heart Into Shirts
Placement at luxury retailers nurses sales of doctor’s dressy line.
Cardiologist Dr. Roderick Tung has checked into high fashion with a line of upscale sport shirts.
Taking Exercise for A Ride
Infomercial producer steps up marketing for elliptical machine.
Infomercial maker takes elliptical riding machine StreetStrider out for a promotional spin.
K-Swiss’ Quarter Disappoints
Shares of K-Swiss Inc. fell more than 10 percent Friday after the casual shoe maker reported a wider fourth quarter loss – despite better-than-expected revenue – and gave a cautious revenue forecast.
Ricardo Beverly Hills Buys Assets of Skyway Luggage
Ricardo Beverly Hills, one of the nation’s largest luggage companies, has acquired the assets of Skyway Luggage, a well-known brand name that was put into receivership last year.
Gores Group Completes European Acquisition
The Gores Group has closed acquisition of the Hay Group, a German maker of forged and machined components used in automobiles and commercial vehicles.
Coffee Wholesaler Switches to New Blended Recipe
Supreme Bean now running coffee shops with Groundwork pickup.
Local coffee company looks to brew up more business from acquired chain of shops.
Solar Power Company Shines Spotlight on India
Power-One seeks fresh markets after sales cool off in Europe.
Solar company Power-One has turned to India for sales heat to offset a cool-down in European markets.
Ceres Delays IPO
Agricultural biotech Ceres Inc., which had planned to raise up to $85 million in an initial public offering this week, has decided to wait until next week according to reports.
People’s Liberation to Change Name, Business Model
People’s Liberation Inc. announced that it will change its name and business model in conjunction with a $14.5 million infusion from a private equity firm.
Ceres Lowers IPO Expectations
Agricultural biotech Ceres Inc. was set to go public today after reducing the estimated price range of its initial public offering of 5 million shares to a range of $16 to $17 each.
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