All Finance articles – Page 377
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NewsDairy Crest to remain 'passionately British' despite sale, CEO Mark Allen insists
The Cathedral City owner is to be sold to Canadian dairy giant Saputo, in a £975m cash deal
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NewsProfits slide at Divine Chocolate amid currency pressures
Profits dropped to just £9k in the year ended 30 June 2018
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NewsPropercorn to switch to UK packaging supplier post-Brexit
The London snack brand’s plan to move from its current supplier in Italy arose during plans to ‘mitigate risk’ after 29 March
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Comment & OpinionWith the writing on the wall for Sainsda, what now?
The CMA’s findings are only provisional and Sainsbury’s and Asda will get an opportunity to challenge them, but the writing is on the wall
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NewsSuppliers celebrate CMA's Sainsbury's-Asda findings
There was widespread celebration over this week’s verdict, despite the competition watchdog dismissing concerns raised over the impact on suppliers
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NewsMedia Bites 22 Feb: Just Eat, Kraft Heinz, Sainsbury's/Asda
US competitor to Just Eat, Uber Eats announced plans to cut the fees it charges restaurants on Thursday (21 February)
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NewsUK and Irish retail bosses unite to warn against no-deal Brexit
The groups said increased tariffs and new regulatory checks would lead to increases in the cost of making fresh food and drink available to consumers
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NewsMedia Bites 21 Feb: Sainsbury's/Asda media reaction special
Analysts were sceptical that the merger could be re-engineered sufficiently to allow it to be cleared
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NewsCity snapshot: Higher costs weigh on earnings at McBride
Profits at McBride were held back by “significantly higher” input costs after its shares plunged yesterday amid a profits warning
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NewsSainsbury's shares plunge in the wake of CMA Asda deal objections
Sainsbury’s shares have tanked to a lower level than they were trading at before last year’s announcement of the blockbuster merger with Asda due to City fears the Competition & Markets Authority has today killed the deal.
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Comment & OpinionHow to hedge against currency volatility in uncertain times
Brexit makes hedging against foreign exchange risk all the more important, says Andy Scott, associate director at JCRA
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Analysis & FeaturesSainsbury's-Asda CMA findings: analysts react
Here is what experts say about the CMA’s Phase 2 provisional findings
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NewsSainsbury’s facing uphill battle to overturn CMA decision
Mike Coupe accused the CMA of “moving the goalposts” on the deal and disputed the methodology used to claim it would lead to higher prices nationally
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NewsCity Snapshot: Sainsbury's-Asda merger would lead to higher prices, says CMA
Sainsbury’s shares have dived 14% on news that the CMA has “extensive concerns” over its proposed merger with Asda, Arla sees sales recover after turnaround plan and rest of the new from the City
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NewsMedia Bites 20 Feb: Asda, Iceland, Greggs
Asda said same-store sales grew by 1% over the fourth quarter, marking its seventh consecutive period of sales growth
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NewsBlow for Sainsbury’s-Asda merger plans as CMA flags up extensive concerns
The CMA said the deal would lead to a “worse experience” for both in-store and online shoppers nationally
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NewsAsda rues 'uncertainties' as results show slower growth
Growth was slower than in the previous quarter, with CEO Roger Burnley admitting Asda had been hit by “uncertainties”
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Comment & OpinionThe CMA's rejection of Sainsbury's-Asda is as subtle as the deal itself
It’s been variously referred to as Sasda, Jasda and Sainsda. But this deal is dead and Sainsburied, says Grocer editor Adam Leyland
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NewsCity snapshot: Premier Foods scraps Ambrosia sale plan
The proposed Ambrosia sale was one of the final strategic initiatives of former CEO Gavin Darby who stepped down from Premier last month
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NewsCity snapshot: McColl's returns to like-for-like sales growth
Profits halved and like-for-like sales slumped at the chain in 2018, blaming supply disruption from Palmer & Harvey’s collapse earlier in the year