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Golfer's hedge fund bids on Nabi tablet maker
2015-12-31 19:07:04| Toys - Topix.net
The bidding war for Fuhu, the maker of children's tablets that filed for Chapter 11 bankruptcy in early December, has begun. The hedge fund founded by Australian golfer Greg Norman, Great White Shark Opportunity Fund LP, made a $10-million bid for the El Segundo tablet manufacturer on Wednesday.
Health Minister slams Panadol Osteo maker for 50 per cent price rise plans
2015-12-30 02:46:55| Biotech - Topix.net
The Federal Health Minister has slammed the maker of Panadol Osteo for its plans to raise the price of the popular painkiller by 50 per cent, and has urged the ACCC to investigate. Earlier this month, pharmaceutical giant GlaxoSmithKline told its wholesalers it would lift its prices for Panadol Osteo by 50 per cent on January 1. If pharmacies pass on the full price rise, consumers will have to pay $7.50 a box.
Japan's pioneer power steering maker feels threatened by advent of driverless cars
2015-12-22 04:41:45| Automakers - Topix.net
A Japanese company that once revolutionized the auto industry by inventing electric power-steering now finds itself on the wrong side of the latest technology innovation: driverless cars. Jtekt Corp.'s innovation almost three decades ago outperformed the traditional hydraulic technology and allowed the company to become one of the biggest suppliers to Toyota Motor Corp. and other carmakers.
Tags: power
cars
maker
pioneer
Aerospace parts maker Cyclone Manufacturing awarded $8 million in federal funding
2015-12-21 21:42:37| Canadian Plastics Headlines
Ontario-based aerospace parts supplier Cyclone Manufacturing Inc. has received $8 million in federal funding to increase production capacity, expand its services, and grow its customer base. The funding comes from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario).… The post Aerospace parts maker Cyclone Manufacturing awarded $8 million in federal funding appeared first on Canadian Plastics.
Tags: parts
million
federal
manufacturing
Consumer products maker Newell Rubbermaid buying competitor Jarden
2015-12-14 19:33:54| Canadian Plastics Headlines
In a move that merges such famous housewares and consumer products brands as Rubbermaid and Sharpie markers with Sunbeam, Newell Rubbermaid Inc. is acquiring rival Jarden Corporation for more than US$15 billion in cash and stock. The combined company will… The post Consumer products maker Newell Rubbermaid buying competitor Jarden appeared first on Canadian Plastics.
Tags: products
buying
consumer
maker
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