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A collection of news and information related to Emerging Market published by this site and its partners.
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McCormick appoints Lilly executive to board
McCormick & Co. Inc. has appointed an Eli Lilly and Co. executive to its board of directors, the Hunt Valley spice and flavoring company said Wednesday.
The appointment of Jacques Tapiero, a Lilly senior vice president and president of emerging markets,...Tags: Hunt Valley, Companies and Corporations, Chemical Industry, Pharmaceuticals, Lilly Eli & Co
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McCormick profit up more than 13 percent in third quarter
Spice maker McCormick & Co. Inc. said Thursday that its profit grew more than 13 percent in the third quarter, thanks to new products, acquisitions and strength in emerging markets. The Sparks-based maker of spices and flavorings raised its full-year...Tags: Mergers, Acquisitions and Takeovers, Companies and Corporations, Stock Market, NYSE Euronext, Inc., Earnings
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McCormick signs agreement to buy Chinese company
McCormick & Co. announced Monday that it had signed an agreement to buy a popular bouillion maker in China. Sparks-based McCormick has agreed to acquire Wuhan Asia-Pacific Condiments Co. Ltd. for approximately $141 million, according to a statement...
Tags: China, Wuhan (China), Asia, Companies and Corporations, New Products
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McCormick seeks to make more overseas acquisitions
Spice maker McCormick & Co. plans to make more acquisitions, especially in emerging markets in Eastern Europe and Asia, where sales are expected to account for 13 percent of the firm's overall revenue this year, the company's chief executive officer and...Tags: Shareholders, Prices, Annual and Special Corporate Meetings, Hinduism, Mergers, Acquisitions and Takeovers
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Foreign investment projects from emerging markets advance in April
Businesses in China and India, the emerging markets that Gov. Martin O'Malley has been trawling for trade relationships, are beginning to bite.
This month, the governor announced the opening of a Chinese bank in Baltimore and conducted a forum for Indian...Tags: Business Enterprises, India, Montgomery County (Maryland), Maryland Department of Business and Economic Development, Wells Fargo & Co.
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Europe's problems hit home for some in Maryland
Kirk-Habicht Co. in Essex doesn't do much business in Europe, but problems on the continent are buffeting the manufacturer all the same.
Its employees rely on a heavy wire to make springs tough enough for trucks, and the only plant they know of that...Tags: Medical Research, Exports, Europe, Frederick (Frederick, Maryland), Unemployment
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McCormick expanding into emerging markets
Long known for spicing up American food, McCormick & Co. is taking its food flavorings abroad, with plans to peddle masala powder in the open-air markets of India and borscht seasoning in the stores of Eastern Europe.
Looking for ways to beef up sales in...Tags: Soups, India, Restructuring and Recapitalization, Campbell Soup Company, Hamburgers
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INVESTMENT FOCUS-Dollar builds steam, unnerves emerging markets
ReutersBy Mike Dolan LONDON, May 24 (Reuters) - As the dust settles on a volatile week, many strategists now sense a green light for a long-brewing multi-year rise of the U.S. dollar - with unnerving portents for emerging markets. The U.S. Federal Reserve's...Tags: Goldman Sachs Group, Inc., Credit Ratings, Currency Values, Bonds, HSBC Holdings plc
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REUTERS SUMMIT-Latam markets jolt from a Fed exit should be brief
ReutersBy Daniel Bases and Krista Hughes May 24 (Reuters) - Latin America should suffer just a short, sharp shock to its financial markets when the U.S. Federal Reserve starts to taper its super easy monetary policy as investors remain convinced of the region's...Tags: Credit Ratings, Mexico, Ben Bernanke, Central Bank, Moody's Corporation
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Procter & Gamble brings back former CEO to fix company
Reuters(Reuters) - Procter & Gamble Co on Thursday brought back A.G. Lafley to run the world's largest household products maker, replacing Bob McDonald immediately in the midst of a major restructuring. Lafley is taking on the roles of chairman, president and...Tags: Mike Ullman, Procter & Gamble, Productivity, Companies and Corporations, Stock Market
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Carrefour falls back on doubts over emerging market retreat
ReutersPARIS (Reuters) - Carrefour shares dropped over 5 percent on Thursday, reversing gains from the day before, amid concerns the world's No. 2 retailer is pulling out of too many high-growth markets after the surprise sale of a Middle Eastern venture. The...Tags: China, Carrefour S.A., Brazil, Malaysia, Walmart
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ANALYSIS-Rich country investors returning home
ReutersBy Natsuko Waki LONDON, May 22 (Reuters) - The world's biggest investors may be rethinking 20 years of boosting overseas holdings and are instead seeking more stable cash income at home, as aging societies and tighter regulation dull risk appetite. This...Tags: Global Expansion, Interior Policy, Credit Ratings, Insurance, Finance
Sep 26, 2012
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May 24, 2013
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May 22, 2013
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