All Finance articles – Page 704
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Analysis & FeaturesChiquita-Fyffes: Banana mega-merger goes rotten
After months of twists and turns, Chiquita shareholders today delivered a fatal blow to its merger plans with Fyffes to create the world’s largest banana supplier.
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NewsMore food and drink IPOs likely to be deferred until 2015
As Marfrig delays its decision to float Moy Park until 2015, corporate finance specialists are predicting more owners of f…
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NewsDave Lewis acts to avert Christmas disaster at Tesco
Tesco boss Dave Lewis is introducing emergency measures to try to save Tesco from a Christmas trading disaster…
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Analysis & FeaturesEU sugar prices set to fall in line with rest of the world
Sugar has fallen out of favour in some circles – even Sugar Puffs has dropped the word from its name…
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Analysis & FeaturesMPs' report helps get Co-op Bank back on track
As the Financial Conduct Authority’s investigation into the £263m overstatement of profits at Tesco gets underway, an inquiry into the dealings of another retailer concluded today.
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Analysis & FeaturesCity news: sheer scale of Tesco's problems sends shares plummeting
Everyone knew Tesco’s day of reckoning would be bad, but the sheer scale of the problems afflicting the UK’s biggest super…
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NewsCranswick moves into premium poultry with Benson Park buy
Meat producer Cranswick has acquired premium poultry producer Benson Park in an undisclosed deal.
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NewsBritvic blames poor summer weather for Q4 sales drop
Poor summer weather squeezed performance of Britvic soft drinks in European markets in the fourth quarter, the company has reported in a trading update.
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NewsUnilever's third quarter revenues hit by currency headwinds
Unilever has reported third quarter underlying sales growth of 2.1%, but foods remained the group’s worst performing category.
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NewsTesco boss Lewis sets out three-pronged turnaround plan
Embattled Tesco boss Dave Lewis Dave today set out a three-pronged strategy to rescue the crisis-hit giant.
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NewsTesco results: what the analysts say
We round up reaction to Tesco’s interim results and the findings of its accountancy investigation.
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NewsTesco confirms profit hole of £263m
The black hole in Tesco’s finances was even worse than expected and “similar practices” have been going on in previous reporting periods, the Deloitte investigation into the retailer has found.
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Analysis & FeaturesWoes in food retail extend beyond the supermarkets
Shoppers’ changing habits have hit the wider food retail sector Tesco will dominate the headlines tomorrow, but the beleaguered retailer is not the only UK food and drink firm suffering in the current market. One of the more notable findings of a report on the financial health ...
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NewsBAT cigarette volumes decline in 'challenging' market
British American Tobacco has reported a small fall in cigarette volumes in the first nine months of the year as its headline revenues were hit by currency movements.
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NewsLabour loses fight to give SMEs protection against late payments
The government has voted down a Labour move to prevent “late payment misery” for small businesses.
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Analysis & FeaturesTesco facing a marathon not a sprint as titanic Thursday looms
The anticipation around Thursday’s half-year announcement from Tesco shouldn’t overshadow the importance of taking a long-term view.
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NewsFinsbury plans moves into new markets after Fletchers buyout
Finsbury Food Group is drawing up plans to tap new markets and licensing opportunities following its acquisition of Fletch…
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Analysis & FeaturesFyffes-Chiquita merger looks increasingly likely to get thumbs up
The saga of the merger between Fyffes and Chiquita to create the world’s biggest fruit company could be entering the finishing straight.
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NewsOcado-listed health drinks specialist goes into liquidation
A health tea specialist with listings at Ocado and Holland & Barrett is going through liquidation proceedings…
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NewsFour new Booker Makro dual format C&C depots on the way
Booker is rolling out its new Booker/Makro combined format to four new depots over the next few months…