All Finance articles – Page 678
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NewsCity snapshot: McBride upgrades profits forecast
Profits will be better than expected at McBride but sales are 2% lower
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NewsThe OC&C Global 50 rely on M&A activity to drive sales growth
The globe’s fmcg players are increasingly finding organic growth hard to come by
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Analysis & FeaturesOC&C Global 50: Can the fmcg giants handle Brexit shock?
The Brexit decision has stunned already struggling global markets, with weakest post-recession growth for OC&C Global 50
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NewsHiggidy goes into the red despite soaring sales of premium pies
Higgidy has recorded another year of double-digit sales growth
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Analysis & FeaturesBrexit already dampening price deflation at the mults
Brexit is widely expected to have an inflationary impact on food prices
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Analysis & FeaturesSupermarket shares hit by new price war fears
Growing rumblings of a new front in the already brutal supermarket price war
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NewsMars invests £23m into King’s Lynn manufacturing site
The investment is expected to create 28 jobs on the Uncle Ben’s Ready to Heat line
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NewsTate & Lyle blames EU for soaring losses
Annual losses have ballooned at Tate & Lyle, with the company blaming an EU sugar regime that favours its competitors
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NewsUK consumer confidence collapses after Brexit
UK consumer confidence has taken its biggest knock for 21 years after the UK’s vote to leave the EU
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NewsMedia Bites 8 July: M&S, ABF, Danone
The continuing troubles of Marks & Spencer in general merchandise dominate the headlines this morning after it reported a 8.9% like-for-like first quarter sales drop in the division.
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NewsButterkist owners selling up to cash in on popcorn boom
The private-equity owner of Butterkist is lining up a sale of the brand to capitalise on booming demand for popcorn…
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NewsDanone snaps up WhiteWave in $12.5bn deal for healthy future
Danone has agreed to buy US food group WhiteWave Foods for US$12.5bn in cash deal worth $56.25 a share.
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NewsPotato supplier Branston unveils new £1.7m production line
Potato supplier Branston has invested £1.7m in new facilities at its Scottish site
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NewsAnalysts call for Unilever 'Sprexit'
SocGen says business should sell up and exit struggling BSM category
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NewsM&S’ like for like food sales slip as general merchandise sales plunge
Retailer continues to struggle in its clothing and home division, which saw like for like sales plunge 8.9%
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NewsMedia Bites 7 July: Supermarket shares, Danone, Boots
“Supermarkets slump as fears of price war grow”, is the headline in The Times (£) this morning.
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NewsCo-op snaps up six My Local stores
My Local appointed administrators and closed 90 stores last week
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NewsBernard Matthews offloads German subsidiary to free up cash
Bernard Matthews has agreed to sell its German operations to Sprehe Gruppe to release cash for UK group
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NewsPureCircle grows profits but shares fall on future concerns
Stevia producer PureCircle is expecting profits to have jumped 60% in the past year as it strengthened margins and increased sales.
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NewsHilton Food Group eyes Portuguese joint venture
Hilton Food Group has signed an agreement with Portuguese food retailer Modelo Continente Hipermercados (Sonae) to supply retail packaged fresh meat into its stores.