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Nutricap Labs Raises Nearly $3,500; Donates Funds to Make-A-Wish Foundation® to Grant ...

2014-09-17 06:00:00| Industrial Newsroom - All News for Today

Nutricap Labs, an award-winning provider of turnkey dietary supplement manufacturing services, announced today that it raised $3,490 during its summer-long corporate fundraising campaign. The funds were then immediately donated to the Suffolk County Chapter of Make-A-Wish Foundation® and will be allocated towards granting the wish of a local child who indicated his desire to travel to Disney World early next year with his family.<br /> <br /> &ldquo;Giving back to the community and helping ...

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Mail.ru raises stake in VKontakte to 100%

2014-09-16 15:28:00| Telecompaper Headlines

(Telecompaper) Russian internet company Mail.ru Group announced that it has acquired the remaining 48.01 percent of Russian social network VKontakte, raising its stake to 100 percent. The deal closed on 16 September, for an amount of USD 1.47 billion. The shares were acquired from Blesmir Development Limited and Palagon Limited. Mail.ru funded the deal with its existing cash and a RUB 22.2 billion loan from Gazprombank. In 2013, VKontakte had revenue growth of 14 percent to RUB 3.8 billion, EBITDA up 32 percent to RUB 1 billion and net profit of RUB 53 million.

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Palsgaard Raises CSR Bar for Food Industry

2014-09-16 09:58:00| Food Processing Technology

Danish-based food ingredients manufacturer Palsgaard has released its 2013 CSR report, detailing a list of CSR goals and initiatives that stretch much further than many of the largest companies in its industry.

Tags: food bar industry raises

 

Alibaba raises IPO price range

2014-09-16 07:55:00| Telecompaper Headlines

(Telecompaper) Alibaba Group has raised the subscription price for its initial public offering of shares. Due to strong demand, the Chinese e-commerce group now expects to price the IPO at USD 66-68 per share, versus an earlier indicated range of USD 60-66. At the top of the range, this would raise USD 21.8 billion, and if the over-allotment option is exercised, USD 25 billion. Alibaba has not specified a use for the funds raised, saying they will go only to "general corporate purposes". 

Tags: price range alibaba ipo

 

USDA Raises Corn Crop Forecast

2014-09-16 02:00:00| ThePigSite - Industry News

US - We old-timers could call this a “Timex” crop so far: Takes a licking, but keeps on ticking. Such was the news from the US Department of Agriculture (USDA) last week, reports Steve Meyer for The National Hog Farmer.

Tags: forecast corn crop raises

 

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