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Insight - GM faces investor demand for slice of $25 billion cash hoard

2015-02-13 02:02:17| Automakers - Topix.net

An investor group demand that General Motors Co give back more of its $25 billion cash hoard confronts Chief Executive Mary Barra with a challenge to her plans for building the company and rewarding shareholders. Barra and GM's chief financial officer Chuck Stevens have signalled they will recommend returning more of the cash once the Detroit automaker knows how much it will have to spend to resolve legal issues related to the company's recalls of millions of cars equipped with defective ignition switches.

Tags: cash demand investor insight

 

WhiteWave Q4 Sales Top On Strong U.S., Europe Demand

2015-02-12 16:37:58| Agriculture - Topix.net

Not including its China joint venture, EPS was 27 cents, in line with analyst estimates and up 23% vs. the year-ago quarter. Sales climbed 34% to $911 million, above views for $898.1 million.

Tags: top sales strong europe

 
 

Pernod Ricard profit hit by weak China demand

2015-02-12 09:31:45| Beverages - Topix.net

Alexandre Ricard has officially taken the reins at Pernod Ricard SA, marking the return of a member of the French liquor maker's founding family to the head of the group which is grappling with sluggish sales in some of its largest markets. Pernod Ricard said on Thursday that net profit fell 5% to EUR788 million for the first six months of its financial year as sales continued to be weighed down by slack demand in China.

Tags: china hit demand profit

 

EPRI Unveils Open-Source Demand Response Software

2015-02-11 23:37:00| Transmission & Distribution World

The Electric Power Research Institute unveiled demand response software that would provide a common way for devices and appliances on the electric grid to respond automatically read more

Tags: software response demand opensource

 

US companies demand "vigorous defence" of lead limits

2015-02-11 14:41:00| Daily apparel & textile news and comment - from just-style.com

Business organisations including the American Apparel and Footwear Association (AAFA) are demanding a staunch defence of current lead limits against environmental campaigners.

Tags: companies lead demand limits

 

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