A century-old, family-owned Chicago candy manufacturer filed for Chapter 11 bankruptcy protection Tuesday, seeking to keep its Northwest Side factory churning out assorted fruit-flavored starlights, lemonade drops and buttery toffee.
Cochin Shipyard reported an 18% YoY decline in Q3 net profit, while revenue rose 18%. Sequential profit and revenue growth, an interim dividend, and global expansion through a JV and acquisition highlight strategic initiatives.