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Sales, profits fall for Actuant Corp.

2015-06-17 19:54:13| Industrial Machines - Topix.net

Demand for Actuant Corp.'s products for the mining and energy industries fell off sharply in the third quarter of the company's fiscal year and pushed down sales and profits for the Menomonee Falls-based business. Sales in the period that ended May 31 were $320 million, a drop of 15 percent compared with $378 million in the comparable quarter of 2014.

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Coca-Cola Co closes Monster Beverage Corp deal

2015-06-15 13:30:00| Daily beverage news and comment - from just-drinks.com

The Coca-Cola Co has completed the purchase of a minority stake in Monster Beverage Corp.

Tags: deal corp monster beverage

 
 

Mark Rachesky Keeps Buying Navistar International Corp (NAV)...

2015-06-14 22:18:21| Automakers - Topix.net

After increasing its stake in Navistar International Corp just a few days ago, Mark Rachesky 's MHR Fund Management has further inched up its holding in the company to 15.45 million shares by acquiring another 15,400 shares through its affiliated funds, according to a 13D filing with the SEC. The holding now represents 18.9% of the company's outstanding common stock.

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Analysts Expect Westinghouse Air Brake Technologies Corp to Post $1.01 EPS

2015-06-12 13:55:18| Railroads - Topix.net

Shares of Westinghouse Air Brake Technologies Corp have been given a consensus broker rating score of 2.00 from the eight analysts that provide coverage for the company, Zacks Investment Research reports. Four investment analysts have rated the stock with a hold rating and four have given a strong buy rating to the company.

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Monk Fruit Corp doubles capacity as more US firms add monk fruit to sugar reduction toolkit

2015-06-12 05:31:09| Food - Topix.net

BioVittoria and Guilin GFS Bio-Tech Co have doubled their monk fruit supply and significantly boosted production capacity following a multi-million-dollar investment leading to the formation of a new company - Monk Fruit Corp - boasting an estimated 70% share of the monk fruit ingredients market. Monk Fruit Corp has contracts with growers to produce " at least twice as much fruit as its nearest competitor this year", said the firm, which struck a deal with Tate & Lyle in 2010 to be its exclusive supplier of powdered monk fruit extract, a natural sweetener 150-200 times sweeter than sugar that is gaining traction as manufacturers come under increasing pressure to reduce sugar and keep labels clean.

Tags: add capacity reduction corp

 

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