Global

Empire appoints Michael Vels as CFO
Global

Empire appoints Michael Vels as CFO

Michael Vels has been picked as the chief financial officer of Empire Company Limited while Clinton Keay assumes role of executive vice president technology and lead of company’s transformation office. The company said Michael Vels was most recently chief financial officer of Hydro One Clinton Keay who served as interim […]

Tesaro gets EU approval for Varuby oral tablets
Global

Tesaro gets EU approval for Varuby oral tablets

Tesaro Inc., has just announced that it has received the approval of Varuby┬« (oral rolapitant tablets) by European Commission A source┬ásaid via Thomson Reuters Eikon that commercial launches to begin on a country-by-country basis in Europe by end of Q2. Tesaro is a biopharmaceutical company devoted to providing transformative therapies […]

Procter and Gamble Q1 revenue misses by 1%
Global

Procter and Gamble Q1 revenue misses by 1%

The Procter & Gamble Company said its third quarter fiscal year 2017 net sales slightly fell by 1% to USD15.6 billion. The company said its organic sales increased by 1% year on year across four of five business segments. Diluted net earnings per share were $0.93, a decrease of four […]

PepsiCo reports 1.6% growth in Q1 net revenue
Global

PepsiCo reports 1.6% growth in Q1 net revenue

PepsiCo, the arch rival to CocaCola Company said its net revenue for the first quarter of the year grew by 1.6% on a year on year basis. Commenting on the result, Chairman and CEO Indra Nooyi said “We achieved solid revenue growth in the first quarter underpinned by global volume […]