All articles by Alec Mattinson – Page 226
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NewsFyffes and Chiquita find new cost savings from proposed merger
Fyffes and Chiquita have announced their proposed merger would generate an additional $20m of annualised cost savings in a bid to convince investors to back the deal.
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Analysis & FeaturesIs Tesco beginning the climb back from rock bottom?
The Kantar Worldpanel supermarket shares figures tomorrow could indicate that Tesco has finally hit rock bottom and has begun the slow process of recovery.
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NewsMoy Park on course for IPO before the end of the year
Moy Park is already in the “advanced stages” of its IPO preparations and on course to float on the Stock Market…
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NewsPoundland execs decide against bonuses despite successful year
Poundland executives have elected to receive no bonus despite a year of double-digit sales growth and a landmark IPO…
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Analysis & FeaturesIPO recovery still fragile as food suppliers plot listings
Investor appetite may be strong for UB and Moy Park, but the IPO recovery remains fragile
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NewsUnited Biscuits to float on Stock Market this autumn
United Biscuits to join Moy Park in Q4 listing as supplier IPO stampede looms…
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Analysis & FeaturesHow badly has the Russian crisis hit the global brewers?
Russia is yet to slap an import ban on western beer, but the global brewers are still haemorrhaging sales in the region as political tensions show few signs of easing.
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NewsWH Smith short sellers may yet be caught out
A stark split of opinion has emerged in the City over the prospects for WH Smith…
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NewsHeineken beer volumes boosted by the World Cup
Heineken saw overall beer volumes rise 3.1% and a “mid-single digit” figure in the UK as the World Cup and warm weather helped boost first half trading.
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Analysis & FeaturesPetrol price war is no game changer for under-pressure supermarkets
The so-called grocery price war has spread to the petrol pumps, but the supermarkets are unlikely to see much benefit.
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NewsImperial Tobacco reports a 1% slide in global sales
Imperial Tobacco Group said today it remained on course to acquire a range of US cigarette brands as it reported a 1% fall in global revenue for the first nine months of the year.
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Analysis & FeaturesCan WH Smith defy the short-sellers?
The short sellers are again targeting WH Smith, but analysts believe structural trends are finally moving in the newsagent’s favour.
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Analysis & FeaturesChiquita's bid rejection just the first round of a long takeover fight
Chiquita’s decision to reject a $611m takeover will have been met with a huge sigh of relief from Fyffes boardroom and shareholders alike.
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NewsChiquita vows to to press ahead with Fyffes merger
US banana firm Chiquita has rejected a $611m takeover bid and reaffirmed its intention to merge with Irish contemporary Fyffes.
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NewsFyffes suffers tough week as Chiquita merger faces collapse
Irish banana distributor Fyffes endured a torrid week after its much-heralded merger with Chiquita faced collapse…
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Analysis & FeaturesAsda reaps the benefits of early action on prices
If the supermarkets have indeed been locked in a price war this year, today seems to confirm Asda as the clear winner of round one.
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NewsExecutive pay falls at Diageo as growth slows
Diageo CEO Ivan Menezes earned less in his first year as CEO than he did as chief operating officer as the spirit giant’s revenues were hit by a slowdown in emerging markets.
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Analysis & FeaturesThe supermarket ‘perfect storm’ shows few signs of blowing over
The UK may have weathered the tail-end of hurricane Bertha just about intact, but the fierce storm blowing through the grocery sector is far from petering out.
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Analysis & FeaturesFyffes could suffer collateral damage from US battle over “corporate deserters”
US political pressure over Chiquita’s plans to shift its tax HQ to Ireland could help see rival bid succeed.
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Analysis & FeaturesChocolatier Charbonnel et Walker snaps up rival House of Dorchester
Premium chocolatier House of Dorchester has been acquired by fellow up-market confectioner Charbonnel et Walker, The Grocer understands.