financetom
Business
financetom
/
Business
/
Middleby's board considers split of its businesses
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Middleby's board considers split of its businesses
Jan 27, 2025 4:38 AM

Jan 27 (Reuters) - Food processing equipment maker

Middleby ( MIDD ) said on Monday that its board is considering a

broad range of strategic options including a potential

separation of its food processing and residential kitchen

business units.

(Reporting by Abhinav Parmar in Bengaluru)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Siemens reports Q3 results in line with forecasts as weak dollar weighs
Siemens reports Q3 results in line with forecasts as weak dollar weighs
Aug 6, 2025
ZURICH (Reuters) -Siemens reported industrial profit in line with forecasts for its latest quarter on Thursday, although the weakening dollar weighed on the German engineering group's figures. The maker of industrial software and trains reported industrial profit falling 7% to 2.82 billion euros ($3.29 billion) for the three months to the end of June, in line with analyst forecasts in...
Allianz posts better-than-expected Q2 profit and confirms target
Allianz posts better-than-expected Q2 profit and confirms target
Aug 6, 2025
FRANKFURT (Reuters) -Germany's Allianz on Thursday posted a better-than-expected 13% rise in second-quarter net profit and confirmed its target for the full year. Allianz said the earnings were helped by strength at its property and casualty segment and by a disposal gain of around 300 million euros ($350 million) from a joint venture with UniCredit . Net profit attributable to...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Toyota cuts full-year operating profit estimate by 16%
Toyota cuts full-year operating profit estimate by 16%
Aug 6, 2025
TOKYO (Reuters) -Toyota Motor ( TM ) cut its full-year operating profit forecast by 16% on Thursday as an appreciating yen and higher U.S. import tariffs weighed on its financial results. The world's biggest automaker cut its full-year operating profit forecast to 3.2 trillion yen ($21.7 billion), down from a previous outlook of 3.8 trillion yen, on the heavy fallout...
Copyright 2023-2026 - www.financetom.com All Rights Reserved