All Finance articles – Page 620
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News
UK consumer confidence falls on terrorism & immigration fears
This marks the first fall since 2013, according to the Nielsen Global Survey of Consumer Confidence
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News
Total Produce buys stake in US firm Progressive Produce
Total Produce, the global fresh produce company, has acquired a 65% equity stake in Progressive Produce.
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Sainsbury's offers Home Retail £1.3bn in improved takeover bid
The bid is boosted by the £340m sale of the Homebase chain to Australia-based Westfarmers
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Media Bites 2 Feb: EasyJet, M&S, EasyFoodstore, Sainsbury's, Bargain Booze
EasyJet boss Dame Carolyn McCall breaks her silence about an approach to take charge of M&S. Plus the budget airline dips a toe into grocery with the launch of EasyFoodstore.
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News
City snapshot: Sainsbury's tables £1.3bn Home Retail offer
Plus Ocado revenues up 16.7% to £1.1bn and pre-tax profits jump 65.3% to £11.9m
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Analysis & Features
Conviviality set to profit as Matthew Clark beds in quicker than expected
The Bargain Booze owner expects profits in the next two years to be higher than expected
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News
SSP Group CEO Kate Swann receives maximum bonus to boost pay to £2.6m
Foodservice company SSP Group (SSPG) gave CEO Kate Swann her maximum annual bonus possible in its first full year as a listed company to take her pay to £2.6m.
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News
Boots to axe up to 350 UK managerial jobs
Boots is proposing cuts to between 300 and 350 management roles in the UK as the high street chain continues its plans to simplify the business.
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News
Real Good Food shares slump on profit warning
Shares in Real Good Food crash to lows not seen since April 2015 as the business warns its full-year profits would fall short of expectations.
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Media Bites 1 Feb: Sainsbury's/Home Retail, Tesco, Ocado
The big story in the papers is the upcoming deadline in Sainsbury’s pursuit of Home Retail Group, with the general consensus being that the supermarket needs to find more cash to get the deal done.
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Analysis & Features
Diageo sales and profits sink as currency volatility bites
Currency volatility gave Diageo a headache in the first half as operating profits sank £156m to £1.7bn
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News
Aunt Bessie's owner posts solid results
The family-run owner of Aunt Bessie’s and Jackson’s Bakery, William Jackson & Son, has posted solid growth
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News
Whitworths profits up 58% but hit by Utting exit
Pre-tax profits were up by nearly 60% at dried fruits, nuts and seeds supplier Whitworths
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News
Gudmundssons retake control of Bakkavor with hedge fund deal
The Gudmundsson brothers have retaken control of Bakkavor after striking a deal with US hedge fund The Baupost Group
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News
My Local sales lagging M Local levels by £25m admits Greene
Sales are currently £25m below the levels achieved when the stores were still owned by Morrisons
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City snapshot: "Strong" Christmas trading at Conviviality
Overall revenues were up 38% to £252m in the 27 weeks to 1 November, with EBITDA up 43% to £6.5m
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News
Media Bites 29 Jan: Diageo, diary farmers, waste
Diageo’s first-half results, worrying times for Britain’s dairy farmers and Hugh Fearnley-Whittingstall’s continuing war on waste all makes this morning’s papers.
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News
City snapshot: AG Barr sales fizz over Christmas
Soft drinks group AG Barr has increased sales by more than 2.5% in its final quarter of the year despite the intensifying war on sugar and competitive UK market.
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News
Kitwave closes in on private equity deal to fund expansion
Kitwave is close to securing investment to allow it to continue its acquisitive buy-and-build strategy.
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News
Coca-Cola HBC to elect new chairman as George David retires
Coca-Cola HBC chairman George David is stepping down from his role after 35 years with the European Coke bottler.