Finance news – Page 610
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NewsCity snapshot: Glanbia delivers double-digit earnings rise
Irish food and dairy group Glanbia posts its sixth year of double-digit earnings increases
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NewsMedia Bites 24 Feb: Mars, Brexit, Danone
The major news in the papers this morning is Mars’ recall of Mars, Snickers and Milky Way
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NewsKerry shares up on 2015 revenue and profit growth
Kerry Group share rose by over 4% today after announcing a rise on full year revenues and volumes and predicting further growth in 2016.
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NewsDanone eyes 2016 sales growth on improving European dairy trends
Danone has forecast a rise in 2016 revenues and profits after posting full-year results for 2015 that it described as “solid” and “in line with objectives”.
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NewsFoodservice sector "set for two years of solid growth"
Euro Championships and Olympics set to boost out-of-home spend this year
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NewsSupermarkets missing out on £200m in sales of organic food & drink
More shoppers are buying organic products online and from independents rather than the major mults
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NewsCity snapshot: Danone posts “solid” 2015 growth
Danone shares up after posting 4.4% like for like growth, while Kerry Group shares also rise on strong 2015 results
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NewsMedia Bites 23 Feb: Sainsbury's/Home Retail, ABF, Brakes
Sainsbury’s has been given until 18 March to consider whether it will return with a new bid for Home Retail Group,
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NewsAssociated British Foods nudges up guidance on weakening pound
Associated British Foods expects its performance for the year to 27 February to be marginally better than previously indicated given the recent weakening of the pound.
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NewsOppo frozen out by Dragons
Oppo ice cream has walked away empty handed from Dragons’ Den after the five potential investors raised questions over the brand’s taste and profitability.
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NewsMedia Bites 22 Feb: Sainsbury's, Argos, Steinhoff, Brexit
A date has finally been set for the EU referendum, but the story dominating the business pages this weekend was the last-minute bid for Argos from furniture retailer Steinhoff.
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NewsCity snapshot: Sainsbury’s Argos bid under pressure from rival Steinhoff offer
South African furniture retailer Steinhoff table a surprise 175p bid for Argos owner Home Retail Group
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NewsAsda to 'move fast' on biggest-ever range overhaul
The supermarket announces Q4 like-for-likes down 5.8% and yearly sales down 4.7%
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NewsNational living wage 'will hike prices and hasten automation'
More than a quarter of food and drink manufacturers will be forced to increase prices by NLW says BDO
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NewsCity snapshot: Coca-Cola HBC beats earnings expectations on margin expansion
Coca-Cola HBC shares on the up as it beats expectations, plus The Grocer has stories on Kraft Heinz and Propercorn and Tesco bid rumour drives Morrisons share price boost.
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NewsMedia Bites 19 Feb: Asda, Wal-Mart, Morrisons
This morning’s papers are full of Asda’s ”worst sales falls in its history”
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NewsPropercorn on course to get its first taste of outside investment
Fast-growing popcorn brand Propercorn is close to securing its first injection of external cash since launching four years ago.
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NewsKraft Heinz in pole position to take back Philadelphia
Kraft Heinz is in pole position to take back full control of Philadelphia as Mondelez readies a $3bn (£2.1bn) sale of its grocery and cheese division.
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NewsNestlé shares fall on lower than expected growth
Nestlé shares dropped by almost 4% today after missing its full-year growth target and reporting a significant fall in profitability.