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Cultrale, Safra fire back at Chiquita, Fyffes
2014-09-26 17:54:18| Food - Topix.net
The Cultrale Group and Safra Group slammed the revised merger agreement between Chiquita Brands International Inc. and Fyffes plc this morning, just a few hours after Chiquita and Fyffes revealed their updated merger plan . "The revised Chiquita Fyffes transaction values the combined entity at $11.82 per share, based on unaffected stock trading prices, which is well below the $13 all cash certain Cutrale-Safra proposal," the Brazilian companies said in a statement.
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Skechers hits back at "skewed" report on sales decline
2014-09-26 14:42:00| Daily apparel & textile news and comment - from just-style.com
Shoe maker Skechers USA has hit back at a negative analyst report suggesting its sales are decelerating, arguing that the data had been "misinterpreted".
Investors worth US$2trn back green bonds at NY Climate Week
2014-09-26 12:00:00| Climate Ark Climate Change & Global Warming Newsfeed
RTCC: The fledgling green bond market got some wind beneath its wings this week as investors worth US$2 trillion gave it their backing. Pension funds, insurers and asset management firms signed a statement confirming their appetite for investment in climate change solutions. Zurich, Barclays and Aviva were among those promising to sink more money into green bonds, which offer a fixed return on capital put into climate-friendly projects. And there were warm words for the growing market from World...
Barra lands on Time cover and back in the spotlight
2014-09-26 09:27:03| Automakers - Topix.net
After months of blistering criticism, lampoons and scrutiny of General Motors, CEO Mary Barra is venturing back into the media spotlight after an initial rush of positive publicity early this year when she became the first female CEO of a major automaker. Barra made appearances in New York this week, and today she is the subject of Time magazine's 4,200-word cover story.
Cogeco wants CRTC to back virtual wireless carriers as way to raise competition
2014-09-25 18:19:42| Telecom - Topix.net
Cogeco President and CEO Louis Audet speaks during a business luncheon in Montreal, Tuesday, January 28, 2014. Cogeco Cable Inc. says it will encourage Ottawa to allow the creation of a new type of wireless network that's been used successfully in other countries, but hasn't been available in Canada.
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