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Just How Fruitful Is A Fresh Del Monte Produce Investment?

2014-03-01 16:00:08| Agriculture - Topix.net

Bananas are a huge business with a storied history. I really want to love the business given their global appeal, and the fact that they are one of the world's major foods, included with the likes of milk, rice and wheat.

Tags: del produce investment fresh

 

US: Beam Inc to boost Maker's Mark production with US$67m investment

2014-02-28 17:49:00| Daily beverage news and comment - from just-drinks.com

Beam Inc is planning to expand its Maker's Mark distillery with a US$67m investment to meet demand for the Bourbon.

Tags: with mark production investment

 
 

Belgacom to boost investment, trim dividend

2014-02-28 10:16:00| Telecompaper Headlines

(Telecompaper) Belgacom reported fourth-quarter revenues down 3.8 percent from a year earlier to EUR 1.582 billion. EBITDA fell 6.3 percent to EUR 398 million, while net profit came in at EUR 148 million, Over the full year, revenues fell 2.2 percent and EBITDA was down 4.9 percent, hurt by regulatory price cuts and competitive pressures. The Belgian operator increased capex 29 percent to EUR 972 million in 2013, due mainly to EUR 120 million for its 800 MHz licence. Spending included expanding the 4G network to over 50 percent coverage by year-end and preparing the fixed network for the roll-out of vectoring this year. Operating cash flow was down 11 percent over the year to EUR 1.319 billion. Belgacom will pay a dividend of EUR 2.18 for 2013, but said it plans a more modest pay-put of EUR 1.50 per share over the next three years. The operator expects the mobile market to stabilise in the course of this year, as the regulatory impact diminishes and new products win customers. Overall, core group revenues are expected to fall 1-2 percent in 2014. Group EBITDA is forecast down 3-4 percent, including EUR 20 million in extra spending to strengthen its commercial offer, offset by an accounting change on capitalisation of customer connections. Capex this year is estimated at EUR 900 million, including further spending on 4G, vectoring and IT simplification. 

Tags: investment boost trim dividend

 

11m Investment to Boost Hereford, UK Power Network

2014-02-28 05:28:00| Transmission & Distribution World

Western Power Distribution (WPD), the electricity distributor for the region, is committed to investing in its network to further improve supply reliability and customer service levels. read more

Tags: power network investment boost

 

Subaru seeks tax breaks for $400 million investment

2014-02-27 22:49:08| Automakers - Topix.net

Subaru of Indiana Automotive, Inc. is delivering on its May announcement of a $400 million investment at its Lafayette plant to begin production of the Subaru Impreza in 2017.

Tags: million tax investment breaks

 

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