Dr. Ashish K. Khandpur is 3M’s new SVP of research and development and chief technology officer, a role that carries high innovation expectations at a company with a reputation for game-changing product development.
A range of new Samsung brand smart printers and tablet computers are being added to the product mix at Office Depot and OfficeMax stores following an expanded partnership between the retailer and consumer electronics company.
Unilever has sold its Slim-Fast brand to Kainos Capital. The supplier of food, home and personal care products will retain a minority stake in the business. Terms of the transaction, which was completed late this week, were not disclosed.
Though sales were up 3% and income increased 1% for WD-40 Company in the third quarter, shares for the lubricants and cleaner supplier were down more than 6% Thursday morning after management narrowed the full-year guidance.
Cal-Maine Foods isn’t due to report its financial results for the fourth quarter and fiscal year ended May 31 until the end of the month, but already it has reached annual sales of more than 1 billion dozen eggs for fiscal 2014 with an expected total of 1.014 billion dozen fresh eggs sold.