New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 19, 2013
05:55 EDTDANOYDanone confirms plan to cut 900 jobs across 26 European countries
To address a lasting downturn in the European economy and consumer trends that have led to a significant decline in its sales in the region, Danone announced on December 13, 2012 that it was preparing a cost-reduction and adaptation plan for its organizations to win back its competitive edge. The project calls for three major changes: 1. A reduction by approximately half of management units, achieved by combining teams from several countries into multi-country units. 2. The combination within subsidiaries of several management functions that currently operate separately. 3. Focusing each level of management on missions and projects that have a direct impact on business growth. The proposed plan would lead to the suppression of around 900 management and administrative positions across 26 European countries and will be conducted in contact with all works councils representatives, at both European and local level. It will be deployed over a two-year period.
News For DANOY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 20, 2015
11:33 EDTDANOYLifeway Foods in talks with bankers to explore sale, NY Post reports
Lifeway Foods (LWAY) is in talks with investment bankers about a potential sale, according to The New York Post, which added that Danone (DANOY), which holds a 20% stake in Lifeway, isnít interested in buying the company but cannot stop a sale. Reference Link
January 13, 2015
10:00 EDTDANOYOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
05:27 EDTDANOYDanone downgraded to Neutral from Buy at Nomura
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use