All Finance articles – Page 537
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NewsDiageo's progress receives enthusiastic reception in the City
For some time Diageo has been wrestling with slowing emerging markets growth
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NewsCity snapshot: Carlyle Cardinal Ireland readies Lily O’Brien’s sale
Irish chocolate firm Lily O’Brien’s has been put up for sale by its owner Carlyle Cardinal Ireland. Plus, consumer confidence falls back to post-Brexit lows, what happened on the market’s ‘Super Thursday’ and all the rest of the latest news from the City.
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NewsMedia Bites 28 July: Diageo, Nestlé, P&G, Boots
The world’s biggest drinks company rewarded investors for their patience during the turnaround of the past four years with a £1.5bn share buyback programme, writes The Times.
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NewsIrish chocolatier Lily O'Brien's put up for sale
Irish chocolatier Lily O’Brien’s has been put up for sale by its private equity owner with a price tag of €50m (£45m)…
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NewsMult c-store food to go rakes in extra £36m
Food to go sales rose by 5% across the entire convenience channel
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NewsP&G defies US consumer gloom to post fourth quarter organic growth
Consumer goods giant P&G (PG) has shrugged off the malaise over the US consumer goods sector to report 2% organic sales growth in both its fourth quarter and full-year to 30 June. Following weak organic sales updates in recent days from Kimberly-Clark and Johnson & Johnson, P&G ...
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Comment & OpinionBread is a barometer for Brexit Britain. And it is getting more expensive
So much for cheap food prices post Brexit … be prepared for less bread for your dough is the message coming out across the grocery industry
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NewsDanone growth held back by weakness in dairy division
French dairy giant Danone just about stayed in growth in the second quarter and first half of its financial year as it struggled to battle industry challenges in Europe and North America.
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NewsDiageo share price surges on positive full-year results
Diageo’s organic net sales growth hit 4.3%, raising the group’s spirits
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NewsWilko blames 'severe economic headwinds' for profit slump
Like-for-like sales were up 1% in its 2016/17 financial year
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NewsAB InBev credits 'standout' performance to premium beers
The brewing giant posted top-line double-digit growth for Q2, boosted by a strong performance for Bud Light
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NewsThe number of jobs in the industry falls 3.3% on a year ago
The latest BRC Retail Employment Monitor showed reductions in hours worked on both full-time and part-time contracts
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NewsMedia Bites 27 July: Fever-Tree, chlorinated chicken, horsemeat, Marston's
A bumper pay day for Fever-Tree co-founder and CEO Tim Warrillow as shares in the premium mixer brand soared takes up plenty of column inches in today’s papers.
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NewsCity snapshot: Nestlé misses expectations in first half
Sales at Nestlé in the first half failed to meet expectations despite the benefit of a late Easter.
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NewsPrice drives 3% second quarter sales growth at Coca-Cola
Increased pricing has driven a 3% underlying rise in second quarter sales at Coca-Cola, though the refranchising of its bottling opperations caused a double-digit headline sales decline.
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NewsCity snapshot: Underlying sales rise at PayPoint despite third quarter volume decline
Group organic revenues are up 4.2% in the third quarter at payments specialist PayPoint despite a 4.5% reduction in volumes. Marston’s beer volumes boosted by warm summer weather, strong US growth boosts Compass Group, Fever-Tree breaks through 2,000p per share and all the rest of the latest news from the City
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NewsMedia Bites 26 July: Unilever, Fever-Tree, McDonalds
Unilever’s sale of its £6bn spreads division looks set to begin in earnest after two of America’s biggest private equity firms teamed up to make an offer.
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NewsBritish American Tobacco ties up $49.4bn Reynolds deal
British American Tobacco has completed the acquisition of Reynolds American in a “transformational” deal as part of its long-term growth strategy.
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NewsCurrency devaluation in Nigeria hits sales at PZ Cussons
Full-year revenues have fallen at household and consumer products manufacturer PZ Cussons as currency devaluation in Nigeria, its largest market, continued to drag, as well as general tough trading conditions across the rest of the world.
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NewsFever-Tree shares pop 12% as posh mixer brand upgrades profits forecasts again
Shares have soared more than 12% at Fever-Tree today as UK demand for its posh mixers showed no sign of slowing, with first-half profits more than doubling.