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Nike "cooperating" with authorities amid FIFA scam

2015-05-28 16:06:18| Daily apparel & textile news and comment - from just-style.com

US sportswear giant Nike has said it is cooperating with authorities as it emerged an unidentified sportswear company took part in bribing a Brazilian soccer official for a sponsorship agreement.

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Tate & Lyle profits fall amid revamp

2015-05-28 10:01:54| BBC News | Business | UK Edition

Tate & Lyle reports a drop in full-year profits, as the company undergoes a major restructuring.

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Fonterra Cooperative Group cuts Kiwi milk price amid dairy supply glut

2015-05-28 03:32:02| Food - Topix.net

New Zealand dairy giant Fonterra has cut the price it expects to pay its Kiwi farmers for milk for the second time in two months as persistent oversupply of dairy products weighs on commodity prices. Fonterra, the world's biggest dairy exporter and the second-biggest dairy processor in Australia, on Thursday cut its 2014-15 farmgate milk price forecast by NZ10 to to $NZ4.50 per kilogram of milk solids, the lowest level in eight years.

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Amid lower oil prices, Exxon shareholders listen to CEO, vote on climate and fracking measures

2015-05-27 18:03:39| Oil & Gas - Topix.net

That is one of several environmental and company-governance resolutions on the agenda at the oil giant's annual meeting Wednesday in Dallas. CEO Rex Tillerson is expected to discuss the outlook of the company, which has seen profits decline recently with lower prices for crude oil.

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Odey Asset Management's Top Buys Amid Portfolio Slashing ~...

2015-05-26 02:52:13| IT Services - Topix.net

Crispin Odey 's Odey Asset Management filed its 13F with the SEC for the reporting period of March 31. The investment manager has an equity portfolio worth $1.76 billion as of the reporting period and its primary stock holdings are in the consumer discretionary, finance, and technology sectors. While Odey initiated new positions in 20 stocks this quarter, his portfolio was otherwise slashed during the quarter, with many of his top positions being cut.

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