Household Product News Archives

Developers are breathing new retail life into some under-performing or empty commercial sites in the East Bay.

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Members of the Johnson family of SC Johnson & Son and JohnsonDiversey took their last flight aboard the Spirit of Carnauba, a replica of the Sikorsky S-38 seaplane that the company used to search for ...

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The movie Iron Man vanquished Speed Racer at the box office and Batman's The Dark Knight is coming.

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Wesfarmers' coal division has achieved a price increase of almost 230% for metallurgical coal exports from its Curragh mine in Queensland.

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Nu Skin claims to have identified a previously unknown cause of skin aging that could help the company create products that fight wrinkles before they appear. via Cosmetics Design

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“This solution follows MDA's other mission-critical solutions currently supporting the ISS, which includes most recently the Special Purpose Dexterous Manipulator (Dextre)”

MacDonald, Dettwiler and Associates Ltd. said Tuesday its Montreal operation has won a US$21-million contract from the Boeing Co. via Times-Transcript

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“It is unrealistic to expect the board to propose a new share issue each time it wishes to make an acquisition.”

SIR TOM HUNTER: The Court of Session refused the entrepreneur's attempts to gain an interim order blocking the open offer. via The Herald

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A retirement and a promotion G. Gilbert Cloyd, 62, chief technology officer, will retire from Procter & Gamble Company effective Sept. via HAPPI/Household & PP Industry

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Gilbert Cloyd, chief technology officer of consumer products and JanSan manufacturer Procter & Gamble Company , will retire on Sept. via Cleaning & Maintenance Management Online

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“We want to make it clear that having Dorel behind Cannondale means we're going to aggressively invest in new products.”

In the exclusive world of high-performance cycling, Dorel Industries Inc. is facing an uphill climb. via Globeinvestor.com

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U.S. stocks advanced, led by financial shares, after consumer prices climbed less than economists forecast and Freddie Mac posted a narrower-than-estimated loss. via Asbury Park Press

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- MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) said Tuesday its Montreal operation has won a US$21-million contract from the Boeing Co. to supply communication technology for the International Space Station.

MDA said it will provide two spare sets of communication subsystems providing voice and data links between the station and the ground.

"This solution follows MDA's other mission-critical solutions currently supporting the ISS, which includes most recently the Special Purpose Dexterous Manipulator (Dextre)," the company noted. Read more

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Utah-based Usana Health Sciences has received an offer from Gull Holdings, which is controlled by Usana chairman and CEO Myron Wentz, to acquire all the company's shares and take it private. via Salt Lake Tribune

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At a time when many businesses are fighting for their share of shrinking American retail sales, Replacements, Ltd. via Business Wire

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As The Toro Company puts the finishing touches on its new stand-on mower set for release this fall, there's one key component that's still missing the mower's name. via Landscape Management

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Discover Financial Services, the credit-card company whose market value has shrunk by a third since last June amid credit woes, received U.S. antitrust clearance to buy Citigroup Inc.'s Diners Club ... via Daily Herald

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An additional 700 potential victims nationwide, ranging from food companies to newspapers, have been named in a massive fraud scheme involving the nation's largest coupon company. via Post-Bulletin

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“A higher level of sales activity this quarter was offset by foreign exchange translation adjustments”

- MacDonald Dettwiler and Associates Ltd. (TSX:MDA), which had the sale of its space division to a U.S. defence contractor officially blocked by Ottawa last week, said profit in the first quarter rose 23 per cent, but revenues fell due to the appreciation of the loonie.

Vancouver-based MDA reported first-quarter earnings of $26 million or 64 cents per share on revenues of $290 million for the quarter ended March 31.

That compared to profit of $21 million or 49 cents per share on revenues of $306 million for the first quarter of 2007. Read more

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“Going forward we need to renew our emphasis on reducing expenses and improving store efficiencies”

- Leon's Furniture Ltd. (TSX:LNF) increased its first-quarter sales by nine per cent over a year earlier to $196.4 million, raising its net income narrowly by 2.5 per cent to $11.1 million.

Leon's, with 35 corporate and 29 franchise furniture and appliance stores across Canada, said Monday the top-line increase came from the Jan. 1 acquisition of Appliance Canada, while overall "we experienced slower sales across the country with same-store corporate sales being down by 1.3 per cent compared to the prior year." Franchise sales edged up two per cent. Read more

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Home Depot co-founder Bernie Marcus will deliver the graduation speech during Emory University's commencement. via WSB-TV

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Qualceram Shires Plc , an Irish maker of ceramic bathroom sinks and toilets, said first-half sales will probably decline by 30 percent as Irish homebuilding slumps. via Irish Independent

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Shares of Legg Mason Inc. fell Tuesday after the investment manager said it lost more than $250 million in the fiscal fourth quarter as it set aside millions for possible bailouts of funds rattled by shaky ... via Boston Globe

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“Through their understanding of our business and their experience with the retail supply chain, CIT has been able to make sure our financing needs are consistently met.”

Comtex NEW YORK, May 07, 2008 ----CIT Group Inc. , a leading global commercial finance company, today announced that it has provided a $50 million revolving line of credit to CHF Industries, a leading ... via Fox News

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“We were hoping to conclude the discussions and vote on the issue last night”

Revlon Inc. continues to challenge the Planning Board's report to deem the Revlon site along Route 27 as an area in need of redevelopment. via Home News Tribune

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Patrick Bousquet-Chavanne has resigned as a group president at the Estee Lauder Cos. via VMSD

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“This plant a few years ago made about 7, 000 machines a year”

Black & Decker Corp. is closing its Decatur plant and laying off all 82 employees as part of a companywide cutback that will eliminate 3 percent of its work force. via The Herald-Leader

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“We want to get everybody through these challenging times.”

Chrysler LLC Chairman and Executive Bob Nardelli said Monday the automaker should be able to meet its job-cutting goals without antagonizing the United Auto Workers. via Fort Worth Star-Telegram

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“This is not an orange-blooded town”

When a Home Depot set up shop across the street, Fireside True Value hardware store owner Wayne St. via Times Leader

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“Earnings estimate revisions are the most powerful force impacting stock prices.”

Zacks.com releases the latest list of Zacks Rank Buy Stocks. Every day on Zacks.com, four stock picks are made based on criteria for the each of the four main styles of investing: Aggressive Growth, Growth & ... via Earth Times

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Furniture company Design Within Reach Inc. cut its loss in the first quarter to $622,000, down from a loss of $3.8 million in the first quarter a year ago. via San Francisco Business Times

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“We would just like to see this issue resolved as soon as possible - ”

THE chief executive of Lothians-based Dobbies Garden Centres today insisted the company is right to ask shareholders for extra funds, after entrepreneur Sir Tom Hunter launched a legal action against the plan. via Scotsman.com News

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Some area educators were recognized Tuesday in honor of National Teacher Appreciation Day. via WHIZ-TV Zanesville

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Linens 'n Things Inc. is seeking Chapter 11 bankruptcy protection. The company's parent, Linens Holding Co., filed a petition in bankruptcy court in Delaware. via VMSD

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“Financials are in a bear market, and I think that will last some time”

Stocks are likely to open steady on Tuesday, pausing after the previous session's sharp sell-off, with investors looking ahead to results from the technology, housing and consumer sectors. via Earth Times

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Unilever , the world's second-largest maker of food and detergent, reported a 33 percent increase in first-quarter profit after selling its Boursin cheese unit and said annual sales growth will exceed its ... via Bloomberg.com

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“That's not part of the process that I followed in terms of reviewing the transaction.”

- The Conservative government is set to confirm a final decision on whether Canada's biggest space technology firm will be sold to an American buyer.

Industry Minister Jim Prentice shocked many industry observers last month when he rejected the sale of Vancouver-based MacDonald, Dettwiler and Associates Ltd., (TSX:MDA) to Alliant Techsystems Inc., of Minnesota.

Prentice said the sale did not appear to be of net benefit to Canada, and Prime Minister Stephen Harper trumpeted the decision in the House of Commons. Read more

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Persistent consumer complaints are causing some stains on a Procter & Gamble Co. via WTAP-TV Parkersburg

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Home improvement retailer Menard Inc. is turning land purchases for new stores in the Midwest into development opportunities, company officials said. via The Post Chronicle

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“These hotels represent the strongest, most consistent performers in our global system”

International, Inc. today announced that 13 of the company's franchised properties won big at the company's 54th Annual Convention in Las Vegas-each coming home as a 2008 Inn of the Year award winning hotel. via Hotels

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“The company's proven business model and impressive management team and staff have enabled NineSigma to gain significant traction with industry-leading clients worldwide and have positioned the company for accelerated growth”

Blue Chip is a current investor, and River Cities is a first-time investor in NineSigma, according to a news release. via Cincinnati Business Courier

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“I certainly haven't heard of anyone doing anything like that”

' Home improvement retailer Menards is creating need for its drills, saws and toilet seats in a way that's unique to its industry. via The Janesville Gazette - Janesville, ...

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“We expect 2008 to be another solid year of organic growth for Church & Dwight driven by an impressive pipeline of new and improved products.”

Church & Dwight, which makes Arm & Hammer products and other consumer products, this morning said that first-quarter profit rose 25 percent , helped by higher sales and cost-cutting that offset rising commodity ... via The Jersey Journal

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“Almost everyone knows someone, whether it be a mother, wife, sister, daughter or friend who has been affected by breast cancer”

Some of the most famous women in the world are lending a hand to celebrate moms this Mother's Day and also raise awareness about an important women's health issue effecting thousands of women each year. via WDWB-TV Southfield

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“The strength of our portfolio of brands will continue to drive profitable business into retail stores by providing a wide array of highly appealing products to meet consumers' needs”

Itasca, Ill. - Enesco, LLC, a leader in the gift, and home and garden dA©cor industries, today announced the signing of an exclusive, long-term, worldwide, strategic agreement with The Boyds Collection, ... via Gifts and Tablewares Online

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“New animals, new fish, are something we believe you have to do if you don't want to become very stale. We want people to come back”

The world's largest aquarium is getting even bigger. Georgia Aquarium officials announced Tuesday a $110 million expansion that will feature dolphins. via MyFOX Atlanta

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Tuesday reported lower quarterly profit, hurt by a soft U.S. retail environment and weakness in its fragrance and hair-care businesses. via The Globe and Mail

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RFID and Wal-Mart: It's all about money By Frank Hayes May 5, 2008 What if you threw a technology party and nobody came? Wal-Mart is in that position with RFID. via RFID Today

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That cute little $280 top may be getting passed over as the U.S. economy sours, but women may be buying more lipstick, market researchers say. via The Post Chronicle

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“The fourth-quarter and full-year financial results demonstrate continued operating excellence and the benefit of acquisitions and share repurchases to create additional shareholder value”

McKesson Corp.'s fiscal fourth quarter profit rose 19 percent because of strong sales in its distribution and technology units. via Canadian Business Magazine

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Shares of McKesson Corp. surged Monday evening following stronger-than-anticipated financial results from the healthcare services and technology provider, and shares of Merck & Co. via MarketWatch

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“P&G delivered strong results in-line with long-term targets in a challenging economic and competitive environment with broad-based sales and share growth, earnings growth and overhead cost improvement.”

April 30, 2008 By Todd Wasserman Procter & Gamble increased its marketing spend 9% and watched its earnings jump 7.9% in its latest quarter, largely on the strength of strong sales overseas. via Brandweek

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Gannett News Service * published May 5, 2008 12:15 am Moms love a little pampering. via The Asheville Citizen-Times

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“You always think of the classic lipstick and stockings doing well in wartime.”

Last month, Betsy Stein made a beeline for Bloomingdale's to buy a shirt, but the Nanette Lepore top she found was $280. Stein, 33, a business manager for a classical music composer in Manhattan, told herself ... via Seattle Post-Intelligencer