All Finance articles – Page 678
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NewsBirds Eye sales slump as Nomad steps in
Newly filed accounts at Companies House for the UK business revealed pre-tax profits plunged more than £20m (26%) to £62.7m on sales down 4.6% to £446.3m in 2014
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NewsMedia bites 1 May: EU redundancy ruling, Mike Coupe, John Menzies
A number of papers cover the failure of workers at collapsed retailers Woolworths and Ethel Austain to win compensation.
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NewsCity snapshot: Waitrose sees first quarter sales growth of 0.9%
The fall of Easter in 2014 continues to distort Waitrose’s weekly sales figures, with sales for the week to 25 April up 9.5% year-on-year
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Comment & OpinionEgyptian situation needn't slow down Coupe's Sainsbury's work
With a watertight alibi, it’s difficult to see the Egyptian prosecutions of Coupe and King being anything other than an embarrassing distraction
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Analysis & FeaturesQuinoa prices ease with more planting
Quinoa is an ancient grain-type cereal that has been growing in popularity over the past few years in the US and Europe due to its perceived health benefits
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NewsChicken and beef at forefront of fresh/chilled price deflation
Data from mySupermarket revealed average retail prices for fresh and chilled meat fell in March 2015, with fresh whole chickens showing the biggest year-on-year decline
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NewsJustin King the latest to face Egyptian prosecution
The former Sainsbury’s CEO was convicted last year, claims the Times, and although the conviction was overturned it is understood the Egyptians are appealing the acquittal
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NewsMedia bites 30 April: Morrisons, British American Tobacco, Napier Brown
Morrisons is to reintroduce staffed express checkouts in stores this week, while British American Tobacco may have to increase its offer for its Brazilian subsidiary.
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NewsCity snapshot: Consumer confidence at decade-long high
Consumer confidence remains at its highest level in a decade as we head into the final stages of the general election campaign
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NewsReal Good Food to sell Napier Brown sugar business for £34m
AIM-listed Real Good Food has agreed to sell Napier Brown to Tereos Group for £34m.
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NewsNichols builds out of home presence with Noisy Drinks acquisition
Vimto owner Nichols PLC has acquired a 49% equity stake The Noisy Drinks Co. to enable it to grow its presence in the out of home market across the UK and Europe.
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NewsGreggs share price soars after sales uplift
Shore Capital analysts Darren Shirley and Clive Black reiterated a “buy” rating on the stock
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NewsNorbert Dentressangle bought up by XPO to create distribution giant
Norbert, a leading global provider of contract logistics, is a major supplier to the UK food and drink sector and has customers including Asda, Morrisons, Sainsbury’s and Tesco
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NewsMedia bites: Mike Coupe's Egyptian conviction, Walmart, Reckitt Benckiser
The major story this morning is The Times’ scoop that Sainsbury’s boss Mike Coupe has been sentenced to two years in jail by an Egyptian court.
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NewsCity snapshot: Greggs scraps shares buyback for special dividend
Greggs scraps share buyback scheme despite strong trading, Sainsbury’s fights Mike Coupe Egypt conviction, Thorntons’ sales slump and all the rest of the news from The City
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NewsDivine Chocolate merges its UK and US businesses
Divine Chocolate, the farmer-owned chocolate company, has merged its UK and USA businesses.
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NewsDalton Philips gets £4m pay package on Morrisons exit
Former Morrisons CEO Dalton Philips received a £1m annual bonus payment in the supermarket’s last financial year despite escalating losses and plunging sales during the period.
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NewsCity Snapshot: Former Morrisons boss takes home £2.1m in final 12 months
Sacked Morrisons CEO Dalton Philips was given a total pay package of £2.1m last year, which included a £1m annual bonus. Plus East of England Co-op reports full-year results and Divine Chocolate merges UK and US businesses.
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NewsMedia Bites 28: Morrisons, Brew Dog, Diageo
Morrisons annual report reveals Dalton payout, BrewDog admits mistakes in crowdfunding documents, Diageo faces tussle with India’s ‘king of bling’, and China overtakes France in terms of hectares of lands devoted to vineyards.
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Analysis & FeaturesNut prices set to ease after record highs
World prices for peanuts rose 23.4% this month to £991.5/tonne, primarily due to a poor crop in China