All Finance articles – Page 559
-
NewsCity snapshot: Consumer confidence softens amid rising cost pressures
Consumer confidence is taking a bashing as rising costs squeeze disposable income, according to Deloitte.
-
NewsMedia Bites 24 April: Weetabix, sterling, economy, Whitbread, M&S, Reckitt Benckiser
The boss of Post moves to allay fears of UK job losses in the wake of the US firm’s takeover of Weetabix from the Chinese.
-
NewsUK retail sales slump as inflation bites
UK retail sales volumes slumped by 1.8% compared to February amid rapidly rising prices as quarterly sales volumes fell by their highest amount for seven years..
-
NewsDanone upgrades earnings expectations despite slow first quarter sales
French dairy giant Danone has upgraded its 2017 earnings guidance despite reporting “slow sales” in the first quarter
-
NewsMetcalfe's faces legal battle over Skinny launch in States
Amplify Snack Brands has filed a federal trademark infringement and unfair competition lawsuit against Snyder’s-Lance
-
NewsCity snapshot: Reckitt on track to hit growth target despite flat first quarter
Reckitt Benckiser has reported flat like-for-like revenues in the first quarter but favourable currency rates boosted reported sales by 15%. Plus, Danone upgrades its 2017 earnings guidance and all the rest of this morning’s news from the City.
-
NewsMedia Bites 21 April: Unilever, M&S, Diageo
Unilever is eyeing a break-up of its margarines business to get the best price in an auction that could kick off as early as June.
-
NewsPost backs British growth potential for Weetabix stable
US cereal group Post Holdings has placed a £1.4bn bet on the post-Brexit opportunities for Weetabix
-
NewsUnilever steadies ship with impressive first-quarter growth
Unilever comfortably beat City expectations for its first-quarter organic sales growth, posting a revenue rise of 2.9%
-
NewsFiddes Payne upbeat as restructure costs drive it into the red
Fiddes Payne has slipped into the red as restructuring costs hit the Cake Angels owner
-
NewsPernod Ricard reports 'dynamic' sales growth in the UK
The company said performance was boosted by advance shipments linked to recent price increases…
-
NewsLDC confirms secondary buyout at Addo Food Group
Details of the transaction have not been disclosed, but the deal – revealed exclusively by The Grocer last week – is understood to value Addo at upwards of £100m.
-
NewsCity snapshot: Price increases drive Unilever underlying sales growth of 2.9%
Unilever has posted underlying sales growth of 2.9% in its first quarter, entirely driven by price increases as sales volumes edged down. Plus LDC confirms backing of Addo Food Group buyout, quarterly results from Nestle and Pernod Ricard and all the latest news from the City.
-
NewsMedia Bites 20 April: ABF, Tesco, Rémy Cointreau
Associated British Foods has put together a full-time team to work out what impact leaving the European Union will have on Britain’s biggest producer of beet sugar.
-
NewsGourmet Game appoints administrators after trading slowdown
A game wholesaler and supplier based in Lincolnshire has ceased trading after falling into administration as a result of a slowdown in trading in France and Belgium in the wake of last year’s terror attacks and the bird flu outbreak hitting demand.
-
NewsRivington Biscuit brands marketed for sale
Brands manufactured by failed biscuit supplier Rivington Biscuits are being marketed for sale by an IP consulting firm.
-
NewsFinancial distress up 26% on average says Begbies Traynor
Red Flag Alert points to increased cost pressures from rising inflation in both fuel and food
-
NewsMedia Bites 19 April: Weetabix, snap election, House of Fraser
The £1.4bn acquisition of British cereal maker Weetabix by US firm Post Holdings generates significant column inches in today’s papers but was overshadowed by the calling of a surprise snap election.
-
NewsCity snapshot: ABF scores Brexit boost from weak pound and higher sugar prices
The weak pound and higher sugar prices have boost sales and profits at ABF in the first half. Plus, Tesco sells opticians business to Vision Express, and Heineken updates on first quarter volumes, with UK down on Tesco delisting.
-
NewsSurging pound leads to FTSE 100 sell-off after snap election surprise
The FTSE 100 plunged more than 180 points yesterday (or £46bn) to 7,147.50 points as PM Theresa May called a surprise snap election on 8 June