Finance news – Page 632
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NewsMedia Bites 2 Nov: M&S, Morrisons, BRC
Marks & Spencer is due to report another slump in clothing sales, heaping renewed pressure on chief executive Marc Bolland.
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NewsCity snapshot: 151 Products rescues Swirl from administration
151 Products has bought consumer goods firm Swirl Products, trading as Fmcg, out of administration, plus a look at the week ahead in the City with updates from M&S, Morrisons and ABF.
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News151 Products agrees rescue deal for fmcg
Consumer products group 151 Products has acquired the business and assets of Swirl Products, which trades as fmcg, out of administration.
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NewsDrury Tea and Coffee brews up expansion plans
Tea and coffee producer Drury Tea and Coffee has invested in new coffee equipment after securing a £500,000 bank loan.
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NewsJack Fulton and Fultons Foods suffer 50% fall in profits
Frozen Value, which trades as Jack Fulton and Fultons Foods, saw pre-tax profits plunge in 2014
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NewsCity snapshot: Consumer confidence plunges to five-month low in October
UK consumer confidence fell for the second month running in October as shoppers continued to worry
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NewsMedia Bites 30 October: CBI, GfK, M&S, Sports Direct
As half-term week draws to a close, a dearth of news in the retail sector leads to a very quiet day in the papers, with stories on the latest CBI and GfK surveys.
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NewsS&A Foods administrators 'hopeful' of finding factory buyer
Administrators at S&A Foods are hopeful of striking a deal to sell the ready meals supplier’s Derby factory…
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NewsGeneral Mills set to close Jus-Rol pastry plant in Berwick
General Mills has announced plans to close its Jus-Rol pastry plant in Northumberland with the potential loss of 265 jobs
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NewsOrnua merges two UK businesses to form new dairy division
Irish dairy co-op Ornua is to merge two of its UK-based businesses, Meadow Cheese and The Cheese Warehouse
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NewsCity snapshot: Delhaize sees "robust" third quarter sales
Belgian retail group Delhaize has posted third quarter constant currency revenue growth of 2.3%
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NewsMedia Bites 29 Oct: AB InBev, Heineken, Walgreens Boots Alliance
Anheuser-Busch InBev has sought to reassure investors that its £68bn takeover of smaller rival SABMiller is on track.
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NewsWalgreens Boots snaps up US rival as sales and profits rise
Walgreens Boots Alliance has agreed a $17.2bn (£11.2bn) takeover of US rival Rite Aid. It comes as the global pharmacy and health giant filed big jumps in sales and profits for the past year thanks to last year’s mega-merger.
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NewsScathing external review puts spotlight on First Milk ahead of AGM
The troubled co-op is due to hold its agm on Thursday (29 October)
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NewsEmerging markets drive organic growth at Mondelez
Cadbury owner Mondelez International reported a 3.7% boost to third quarter organic net revenues thanks to strong organic growth in emerging markets.
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NewsBritish American Tobacco on track for “good year”
British American Tobacco said it is overcoming currency headwinds to be on track to deliver a “good year of earnings” in its third quarter update this morning.
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NewsCity snapshot: Disappointing first half for Magners maker C&C
Poor summer weather across Ireland has hit Magners maker C&C Group with revenues and profits falling in its first half.
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NewsMedia Bites 28 October: Tesco, AB InBev, Walgreens Boots, Morrisons
Tesco has struck a deal with Sir Philip Green’s Arcadia to bring some of its brands into supermarkets, with Dorothy Perkins, Burtons and Evans set to go on sale in five of the grocer’s biggest stores.
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NewsPizza Express hits £100m of retail sales
Pizza Express has surpassed £100m of brand retail sales for the first time as overall full-year group revenues rose 9.5%.
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NewsS&A Foods appoints administrators after losing Asda business
Own-label ethnic ready meals business S&A Foods has appointed administrators following Asda’s decision to switch