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Dole Food Co. Inc. shares dropped in after-hours trading Tuesday after the fresh food company reported a worse-than-expected loss in the fourth quarter.
Reliance Steel & Aluminum Co.’s acquisition of Metals USA Holdings Corp. moved forward Monday, with Metals USA announcing that no competing bids had emerged and anti-trust regulators did not planning to block the $766 million deal.
AUTOMOTIVE: Coda may seek sale as firm grinds gears.
Coda brings in investment banker as the electric car maker spins its wheels saleswise.
Red Bull looks to shed tangy edge with new fruit-flavored line.
Red Bull wants to pump up sales of its energy drink with new fruit flavors.
AUTOMOTIVE: Wheel maker Superior touts plan for new plant as sales booster.
Wheel maker Superior hopes to regain traction on Wall Street with its plan for a new factory.
FASHION: Improved sector takes on bigger role for American Apparel.
American Apparel is fashioning online sales into a bigger part of its growth plan.
AeroVironment Inc. shares fell 23 percent in after-hours trading on Tuesday after the company slashed its guidance and reported lower-than-expected fiscal third-quarter revenue and profit, largely due to reduced orders from its government clients.
Vernon jeans maker True Religion Apparel Inc. will not renew its employment agreement with Jeff Lubell, the company’s founder, chief executive, chairman and creative director.
Aircraft leasing company International Lease Finance Corp. announced that it had agreed to purchase and lease 16 Boeing jet aircraft to American Airlines.
Alternative energy developer Rentech Inc. will dramatically scale back its research and development operations, closing a demonstration facility in Colorado and laying off staff.
David Murdock has taken back the chief executive’s job at Dole Food Co. Inc., as the fruit-and-vegetable producer prepares to complete the sale of its packaged foods and Asian fruit operation to a Japanese conglomerate.
Reliance Steel & Aluminum Co. said that its fourth quarter net income rose 18 percent as lower costs helped offset a decline in sales for the global metals processing company.
Jakks Pacific Inc. reported a larger net loss for the key holiday-season fourth quarter, as sales fell and the Malibu toymaker took more than $92 million in charges.
Food company has fresh take on lengthening shelf life
CedarLane seeks to squeeze more shelf life out of its nonfrozen fare with pressurizing process.
FOOD: Nutrition bar firm ThinkThin adds outlets while mulling new items.
Nutrition bar maker ThinkThin looks to expand by adding retail distributors and branching into new sectors.