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Chart Industries Inc., which IPO'd in mid-2006. just named a new vice president of corporate development: James Hoppel Jr. Hoppel joined Chart in 2004 as corporate controller and became its chief accounting officer in 2006, in connection with the firm's initial public offering. He has previous mergers and acquisitions experience...
Posted on March 6, 2008 10:57 AM
Sears Holdings Corp. fared even worse than expected for the quarter ended Feb. 2: net income of $426 million compared with a net of $811 million for the quarter ended Feb. 3, 2007. In a letter to shareholders, chairman Eddie Lampert compared the...
Posted on February 28, 2008 4:27 PM
France's Groupe Danone SA's 2007 net income soared 309%, from 1.4 billion euros ($2 billion) in 2006 to 4.2 billion euros. This came from a whirlwind month in July, where Danone sold its cookies and cereals business to Kraft Foods Inc. for 5.3 billion euros. That deal, from which they...
Posted on February 14, 2008 1:15 PM
Some welcome good news for Alcoa Inc., which has been under pressure to restructure in the wake of its failed attempt to take over a rival. The world's third-largest aluminum producer reported net income for the fourth-quarter 2007 of $632 million, up 76%. The results include the restructuring adjustment and benefit...
Posted on January 10, 2008 10:40 AM
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