All Finance articles – Page 685
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Analysis & FeaturesThe sun and Sir Ken both shine on Morrisons at AGM
The sun and Sir Ken were both shining on Messrs Higginson and Potts at Morrisons HQ today at the supermarket’s AGM.
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NewsCity snapshop: Morrisons survives FTSE 100 chop
Morrisons has avoided an embarrassing ejection from the FTSE 100 after two days of strong share price rises was enough to keep it in the prestigious…
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NewsMedia bites: Nomad/Findus, Morrisons, John Lewis
If Nomad’s deal with Findus goes ahead it would “spawn a seafood leviathan with a fish finger in every ocean pie”
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NewsRegulatory green light for Pork Farms acquisition of Kerry Foods’ pastry business
The Competition & Markets Authority has announced this afternoon it has cleared the acquisition by Pork Farms Caspian of the chilled savoury pastry business of Kerry Foods.
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NewsNomad in early stage talks with Findus Group
Nomad Foods has confirmed it is in talks to net Findus Group as it continues its efforts to create a food and drinks giant.
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NewsCity snapshot: WH Smith shares up on strong travel sales
Sales at WH Smith were 1% up on a like-for-like basis in the 13 weeks to 30 May as its travel business continues to show strong growth.
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NewsMedia bites 3 June: Morrisons, Tesco, Pernod Ricard
There’s plenty of coverage of Kantar Worldpanel’s latest supermarket market share figures, with Morrisons somewhat surprise sales rise being the focus of attention.
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Analysis & FeaturesMorrisons: Signs of recovery or “dead cat” bounce?
At some point Wall Street traders coined a term for a plummeting stock that experiences a temporary recovery – the “dead cat bounce”.
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NewsCargill completes Zamanita acquisition from Zambeef
Cargill has completed the acquisition of Zamanita, the soybean crushing and oil refining subsidiary of UK-listed Zambeef.
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NewsWilson’s rescue deal hands Kendal Mint Cake maker sweet reprieve
A 102-year-old chocolate maker and one of the original manufacturers of Kendal Mint Cake has been acquired out of administration, saving all 121 jobs.
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NewsMorrisons registers first sales growth since Christmas 2013
Morrisons was the only one of the big four retailers to see an increase in sales for the 12 weeks to 24 May 2015, according to the latest…
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NewsTobacco companies set to appeal after losing £8.2bn Quebec class action
The Canadian subsidiaries of three major tobacco giants have vowed to appeal a judgment in two class action lawsuits at the Quebec Superior Court yesterday.
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NewsCity Snapshot: LondonMetric purchases £26m convenience portfolio for five new M&S Food Halls
Property investment group LondonMetric buys five M&S Simply Food stores for £26m, BAT will appeal a fine imposed by the Canadian courts and Morrisons faces demotion from the FTSE 100.
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NewsMedia Bites 2 June: Morrisons, British American Tobacco, Kraft
Morrisons miserable week looks set to continue as it faces demotion from the FTSE 100; BAT will appeal the massive fine slapped on its Canadian subsidiary and the two companies which made up Kraft Foods have given the first detailed rebuttal of government charges that they manipulated the price of the grain.
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NewsBritish American Tobacco in €550m Central European acquisition
British American Tobacco busy year of acquisitions has continued with the purchase of Central European cigarette manufacturer TDR.
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NewsNomad Foods looks forward as Iglo deal completes
Nomad co-founder Noam Gottesman has said the completion of the €2.6bn acquisition of Birds Eye owner Iglo marks the start of ambitious investment group’s growth story.
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NewsHummus Bros plans supermarket launch following fundraising
The Mediterranean restaurant chain, which has been trading since 2005, already has four high street locations in London
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NewsCity Snapshot: Real Good Food focuses on growth after sugar disposal
Real Good Food this morning said it was focusing on the growth opportunities of its cake decoration, food ingredients and premium bakery businesses
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NewsMedia Bites 1 June: Morrisons, M&S, NHS
Morrisons new top team braces itself for attacks at its upcoming AGM from investors angry at the size of former CEO Dalton Philips’ pay packet.
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NewsPomeGreat founder departs after second collapse in two years
The administration comes just a month after the LGA named Pomegreat as having more sugar per 100ml than a can of Coke